NOT LISTED FOR SALE

516 86th St Brooklyn, NY 11209

Fort Hamilton Neighborhood

Estimated Value: $3,860,887

-- Bed
-- Bath
1,200 Sq Ft
$3,217/Sq Ft Est. Value

About This Home

As of September 2021

Prime Bay Ridge shopping strip, extremely high traffic block, office is on 2nd floor, too much to mention...

Last Agent to Rent the Property

Michael Luo

Capital Home Realty Inc Listed on: 12/07/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,208

Year Built

  • Built in 1926

Lot Details

  • 1,465 Sq Ft Lot
  • Lot Dimensions are 73 x 20
  • Irregular Lot
  • Property is zoned C4-2A

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • 4-Story Property

Listing and Financial Details

  • Tax Block 6051

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,208

Year Built

Built in 1926

Lot Details

0

Rental Info

  • Lease Terms: Lease Option

Listing Details

  • Basement Amenities: None
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1200
  • Building Length: 60.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 5th Ave
  • Cross Street Name2: Gelston Ave
  • Lease Options: 5 years
  • Negotiate Thru: Broker
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Office
  • Prop. Type: Rental
  • Fill Sq Ft Total: 1200
  • Building Stories: 4
  • Street Name I D X: 86th
  • Street Number I D X: 516
  • Year Built: 1926
  • Special Features: None
  • Stories: 4

Interior Features

  • Lot Sq Ft: 1465

Exterior Features

  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Lot Number: 24

Lot Info

  • Lot Size Irregular: Yes
  • Lot Size Length: 73
  • Lot Size Width: 20
  • Zoning: C4-2A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2017
Sold by
516-86Th Street Llc
Bought by
Peace & Grace Realty Inc
Current Estimated Value
$3,860,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Outstanding Balance
$1,509,508
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,351,379
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Peace & Grace Realty Inc $3,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peace & Grace Realty Inc $1,800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2021 09/28/21 Rented $2,500 0.0% --
12/07/2020 12/07/20 Under Contract -- -- --
12/07/2020 12/07/20 For Rent $2,500 -- --
Source: Brooklyn Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $49,208 $598,500 $47,250 $551,250
2024 $49,208 $569,250 $47,250 $522,000
2023 $44,132 $479,250 $47,250 $432,000
2022 $40,518 $420,750 $47,250 $373,500
2021 $31,808 $402,300 $47,250 $355,050
2020 $18,595 $319,050 $47,250 $271,800
2019 $29,063 $319,050 $47,250 $271,800
2018 $29,166 $290,250 $47,250 $243,000
2017 $26,240 $275,850 $47,250 $228,600
2016 $24,667 $255,600 $47,250 $208,350
2015 $14,802 $252,450 $47,250 $205,200
2014 $14,802 $230,400 $47,250 $183,150
Source: Public Records

Agents Affiliated with this Home

  • M

    Landlord's Agent in 2021

    Michael Luo

    Capital Home Realty Inc

    (718) 373-8838

    11 Total Sales

    Michael Luo
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 445856

Brooklyn Board of REALTORS®

APN: 06051-0024

New York Kings County Brooklyn 11209 Fort Hamilton

516 86th St, Brooklyn, NY

This home is located at 516 86th St, Brooklyn, NY 11209 since 07 December 2020 and is currently priced at $3,860,887. This property was built in 1926. 516 86th St is a home located in Kings County with nearby schools including P.S./I.S. 104 The Fort Hamilton School, P.S. 264 Bay Ridge Elementary School for the Arts, and Fort Hamilton High School.

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Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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