Seller's Agent in 2025
Natalie Pitta
Corcoran Group
(646) 373-4600
1 in this area
8 Total Sales
523 73rd St Brooklyn, NY 11209
Bay Ridge Neighborhood
2
Beds
2
Baths
2,380
Sq Ft
2,000
Sq Ft Lot
About This Home
As of September 2025Prime Bay Ridge investment opportunity: Two-family townhouse just off vibrant 5th Avenue awaits your renovation expertise. This property features two spacious floor-through apartments offering flexible configuration options - maintain as income-producing units, convert to a single-family residence, or create an owner-occupied investment. With its prime location, excellent transportation access, proximity to restaurants, shopping and services, tree-lined streets, waterfront parks with stunning Verrazano Bridge views, and consistent buyer demand, this rare renovation opportunity presents tremendous upside potential for investors, flippers, and discerning homebuyers seeking to transform a historic Brooklyn gem into their personalized dream home.
Please note: All measurements and information has been gathered from Property Shark and should be independently verified.
Last Agent to Sell the Property
Corcoran Group License #10401366074 Listed on: 04/30/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,520
Year Built
- Built in 1910
Lot Details
- 2,000 Sq Ft Lot
- Lot Dimensions are 100.00x20.00
Home Design
- Entry on the 1st floor
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Washer Dryer Allowed
- Washer Hookup
Additional Features
- 2-Story Property
- No Cooling
- Basement
Community Details
- 2 Units
- Bay Ridge Subdivision
Listing and Financial Details
- Legal Lot and Block 0069 / 05910
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 30, 2025
Closed on
Sep 12, 2025
Sold by
Ausma Cernoks Trust and Venta Krista Cantwell As Trustee
Bought by
Qiu Liangjian and Zhang Liyun
Seller's Agent
Natalie Pitta
Corcoran Group
List Price
$999,000
Sold Price
$1,250,000
Premium/Discount to List
$251,000
25.13%
Views
31
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,442
Avg. Annual Appreciation
2.71%
Original Mortgage
$875,000
Outstanding Balance
$873,438
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$389,004
Purchase Details
Closed on
May 30, 1997
Sold by
Doherty Kevin
Bought by
Cernoks Ausma
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.7%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,250,000 | -- | |
| Deed | $275,000 | First American Title Ins Co | |
| Deed | $275,000 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $875,000 | Purchase Money Mortgage | |
| Previous Owner | $175,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/18/2025 09/18/25 | Price Changed | $1,250,000 | 0.0% | $525 / Sq Ft |
| 09/12/2025 09/12/25 | Sold | $1,250,000 | +25.1% | $525 / Sq Ft |
| 05/27/2025 05/27/25 | Pending | -- | -- | -- |
| 04/30/2025 04/30/25 | For Sale | $999,000 | -- | $420 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
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 | $8,523 | $63,600 | $13,560 | $50,040 |
| 2024 | $8,523 | $74,820 | $13,560 | $61,260 |
| 2023 | $8,114 | $80,520 | $13,560 | $66,960 |
| 2022 | $7,501 | $70,140 | $13,560 | $56,580 |
| 2021 | $7,915 | $61,320 | $13,560 | $47,760 |
| 2019 | $7,348 | $67,380 | $13,560 | $53,820 |
| 2018 | $6,727 | $34,461 | $5,748 | $28,713 |
| 2017 | $5,918 | $32,512 | $7,196 | $25,316 |
| 2016 | $2,629 | $32,512 | $8,554 | $23,958 |
| 2015 | $1,411 | $32,266 | $10,226 | $22,040 |
| 2014 | $1,411 | $30,440 | $11,576 | $18,864 |
Source: Public Records
Agents Affiliated with this Home
-
Natalie Pitta
-
Meris Blumstein
Seller Co-Listing Agent in 2025
Meris Blumstein
Corcoran Group
(917) 613-8553
1 in this area
90 Total Sales
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20020283
APN: 05910-0069
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.
RLS Data display by Homes.com LLC
Nearby Homes
- 7129 5th Ave
- 7127 5th Ave
- 7304 5th Ave
- 558 72nd St
- 540 Ovington Ave
- 561 72nd St
- 571 72nd St
- 460 Ovington Ave Unit 3G
- 438 73rd St
- 522 Bay Ridge Ave
- 434 74th St
- 582 Bay Ridge Ave
- 423 72nd St
- 7504 5th Ave
- 474 Bay Ridge Ave
- 7307 6th Ave
- 536 68th St
- 7401 4th Ave Unit F8
- 7401 4th Ave Unit E9
- 7401 4th Ave Unit B4