NOT LISTED FOR SALE

Estimated Value: $1,470,000 - $2,015,674

9 Beds
5 Baths
3,150 Sq Ft
$527/Sq Ft Est. Value

Sale Details

Date Sold: January 2, 2024

Last sale price $1,280,000 $406 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $9,652 / mo

Highlights

  • Back, Front, and Side Yard
  • Handicap Accessible
  • Multiple cooling system units
  • Junior High School 259 William McKinley Rated A

About This Home

As of January 2024

Introducing this exceptional detached multi-family home, now available in the highly sought-after Bay Ridge market. Boasting three stories above ground and a fully finished basement with separate front and back entrances, this property offers an abundance of space and flexibility.
Prepare to be amazed by the stunning renovations that have been meticulously carried out from top to bottom few years ago, The plumbing and wiring have been completely updated, new roof,guaranteeing a safe and modern living experience,
This property Situated on a generous 30x94 lot, with a building size of 24x45, this home provides ample room for outdoor activities in the expansive back yard.
The interior of the home is a haven of natural light, courtesy of the high ceilings and numerous windows that adorn each room. This creates a bright and airy atmosphere, enhancing the overall ambience of the property. Additionally, a separate gas boiler and water heater offer convenience and efficiency.
Located mere steps away from an array of shops, restaurants, and schools, you'll find everything you need within close proximity. Commuting is a breeze with easy access to the R train, providing a direct route to downtown Brooklyn and Manhattan, ensuring you're never far from the vibrant heart of the city.
This home presents an incredible opportunity, eagerly awaiting your personal touch to transform it into your dream residence. Don't miss out on making this remarkable property yours and embrace a life of comfort, style, and convenience in beautiful Bay Ridge.

Last Agent to Sell the Property

Joe Zhu

RE/MAX Edge License #10401312891 Listed on: 05/21/2023

RE/MAX Edge

Last Buyer's Agent

Joe Zhu

RE/MAX Edge License #10401312891 Listed on: 05/21/2023

RE/MAX Edge

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,820 Sq Ft Lot
  • Lot Dimensions are 94 x 30
  • Back, Front, and Side Yard

Home Design

Interior Spaces

  • 3,150 Sq Ft Home
  • 3-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Full Bathrooms

Additional Features

  • Handicap Accessible
  • Multiple cooling system units

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 5920

Property Details

Home Type

Multi-Family

Lot Details

2,820 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished, Full
  • Borough: Brooklyn
  • Building Length: 45.00
  • Building Width: 24.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 6th Ave
  • Handicap Access Y N U: Yes
  • Heat Delivery: Other
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Other
  • Rooms Total Level3: 6
  • Fill Sq Ft Total: 3150
  • Building Stories: 3
  • Street Name I D X: 73rd
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 5
  • Total Bedrooms: 9
  • Flooring: Other
  • Lot Sq Ft: 2820

Exterior Features

  • Yard: Back, Front, Side
  • Exterior Building Type: Detached
  • Construction Type: Other
  • Exterior: Other
  • Foundation Details: Other
  • Lot Number: 13
  • Roof: Other

Utilities

  • Air Conditioning Units: 3
  • Electric: Other
  • Heating Fuel: Other
  • Hot Water: Other

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 94
  • Lot Size Width: 30
  • Zoning: R5B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2023
Closed on
Jan 2, 2024
Sold by
Chen Bao Xing and Chen Dong A
Bought by
Chen Huarong and Zheng Subin
Seller's Agent
Joe Zhu
RE/MAX Edge
Buyer's Agent
Joe Zhu
RE/MAX Edge
List Price
$1,580,000
Sold Price
$1,280,000
Premium/Discount to List
-$300,000
-18.99%
Views
318
Current Estimated Value
$1,658,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,669
Avg. Annual Appreciation
11.93%
Original Mortgage
$640,000
Outstanding Balance
$629,501
Interest Rate
7.29%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,029,168

Purchase Details

Closed on
Feb 13, 2020
Sold by
Chen Bao Xing
Bought by
Chen Bao Xing and Dong Fengyu

Purchase Details

Closed on
Aug 30, 2018
Sold by
Clinton Stella and Dipietro John
Bought by
Chen Bao Xing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$854,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 2018
Sold by
Nicholas Dipietro Testamentary Trust and Vincent Martarano As Trustee
Bought by
Clinton Stella and Dipietro John

Purchase Details

Closed on
Mar 17, 2008
Sold by
Martarano As Executor Vincent and The Last Will & Testament Of Nicholas Di
Bought by
Martarano As Trustee Vincent and The Nicholas Dipietro Testamentary Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Chen Huarong $1,280,000 --
Chen Bao Xing -- --
Chen Bao Xing $1,220,000 --
Clinton Stella -- --
Martarano As Trustee Vincent -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Huarong $640,000
Previous Owner Chen Bao Xing $854,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2024 01/02/24 Sold $1,280,000 -1.5% $406 / Sq Ft
12/31/2023 12/31/23 Price Changed $1,300,000 -16.1% $413 / Sq Ft
07/26/2023 07/26/23 Price Changed $1,550,000 -1.9% $492 / Sq Ft
05/21/2023 05/21/23 For Sale $1,580,000 -- $502 / Sq Ft
05/21/2023 05/21/23 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $10,298 $125,460 $16,020 $109,440
2024 $10,298 $126,240 $16,020 $110,220
2023 $9,824 $120,960 $16,020 $104,940
2022 $9,441 $104,100 $16,020 $88,080
2021 $9,953 $93,720 $16,020 $77,700
2020 $4,738 $82,980 $16,020 $66,960
2019 $8,938 $82,980 $16,020 $66,960
2018 $8,217 $40,309 $9,609 $30,700
2017 $8,034 $39,412 $9,263 $30,149
2016 $7,879 $39,412 $11,195 $28,217
2015 $4,484 $37,742 $13,776 $23,966
2014 $4,484 $35,606 $11,050 $24,556
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 474230

Brooklyn Board of REALTORS®

APN: 05920-0013

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