NOT LISTED FOR SALE

Estimated Value: $843,000 - $1,122,000

3 Beds
2 Baths
1,342 Sq Ft
$1,112/mo HOA Fee

Last Sold March 18, 2020

Last sale price $1,050,000 $782 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $7,527/month

240 Days on Market

Highlights

  • City View
  • Terrace
  • Garage
  • P.S. 185 Walter Kassenbrock Rated A

About This Home

As of March 2020

Welcome to The Bay Ridge Promenade. We are proud to present penthouse unit #8a, and what a beauty it is. You will fall in love with this South Brooklyn masterpiece featuring an open concept and spacious layout. The building is located off of Shore Road and is within close proximity to all the amenities Bay Ridge has to offer.Inside you will enjoy 1,342 square feet that has been carefully designed to maximize the entire space with beautiful hardwood flooring and custom wood work. The modern upscale kitchen offers custom cabinets from Italy, 3 pantry cabinets, and plenty of drawers for storage. You will also enjoy a Liebherr fridge, Bosch stove top with built in oven and stainless hood, and a Miele dishwasher. The microwave and wine fridge are located under the large custom island.The open kitchen and spacious living room feature access to a terrace with Ipe wood decking overlooking Southern Brooklyn, the Verrazano Bridge, and Staten Island. Enjoy dinner and company under the stars any night of the week. The en suite master bedroom offers a 3/4 bathroom, a walk in closet, and access to another outdoor terrace with unobstructed Northern exposure of the Manhattan skyline.Additional features include an indoor/outdoor sound system, laundry room with front loading washer/dryer, indoor parking, and bike storage

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,500

Year Built

  • Built in 2002

HOA Fees

  • $1,112 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 1,342 Sq Ft Home
  • City Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Terrace
  • No Cooling

Community Details

  • 30 Units
  • Bayridge Subdivision
  • 8-Story Property

Listing and Financial Details

  • Tax Block 6099

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,500

Year Built

Built in 2002

Lot Details

0

HOA Fees

$1,112 per month

Listing Details

  • Cross Street: Shore Road
  • Exposures: East,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: BAYRIDGE
  • Entry Level: 8
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 1342.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 3

Exterior Features

  • View: City
  • View: Yes
  • Patio/Porch Features: Terrace, Rooftop

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1112.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Units: 30
  • Total Stories: 8
  • Year Built: 2002

Tax Info

  • Tax Block: 6099
  • Tax Annual: 10500.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2019
Closed on
Mar 13, 2020
Sold by
Avvinti Christine and Avvinti Philip
Bought by
Dunn John
List Price
$1,278,000
Sold Price
$1,050,000
Premium/Discount to List
-$228,000
-17.84%
Current Estimated Value
$956,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$93,779
Avg. Annual Appreciation
-1.70%
Original Mortgage
$749,000
Outstanding Balance
$664,961
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$291,260

Purchase Details

Closed on
Oct 18, 2012
Sold by
Basile Carmela
Bought by
Avvinti Christine and Avvinti Philip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,750
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2003
Sold by
R & C Builders Corp
Bought by
Basile Carmela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$606,200
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
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
Dunn John $999,000 --
Dunn John $999,000 --
Avvinti Christine $875,000 --
Avvinti Christine $875,000 --
Basile Carmela -- --
Basile Carmela -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dunn John $749,000
Closed Dunn John $749,000
Previous Owner Avvinti Christine $568,750
Previous Owner Basile Carmela $250,000
Previous Owner Basile Carmela $14,296
Previous Owner Basile Carmela $606,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2020 03/18/20 Sold $1,050,000 -17.8% $782 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
05/21/2019 05/21/19 For Sale $1,278,000 -- $952 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $14,938 $117,433 $8,436 $108,997
2024 $14,938 $124,809 $8,436 $116,373
2023 $11,940 $122,254 $8,436 $113,818
2022 $11,637 $119,096 $8,436 $110,660
2021 $13,347 $108,804 $8,436 $100,368
2020 $6,400 $117,313 $8,436 $108,877
2019 $12,329 $117,313 $8,436 $108,877
2018 $11,245 $108,756 $8,436 $100,320
2017 $10,383 $92,462 $8,436 $84,026
2016 $8,034 $89,642 $8,436 $81,206
2015 $295 $80,627 $8,436 $72,191
2014 $295 $70,600 $8,436 $62,164
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10600366

Real Estate Board of New York (REBNY)

APN: 06099-1029