NOT LISTED FOR SALE

Estimated Value: $720,723 - $971,000

-- Bed
6 Baths
5,325 Sq Ft
$164/Sq Ft Est. Value

Last Sold November 23, 2022

Last sale price $1,210,000 $227 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $5,402/month

Highlights

  • Tile Flooring
  • Heating System Uses Steam
  • 4-minute walk to Curtis Playground

About This Home

As of November 2022

6 Family All Brick in a Convenient Bay Ridge Location. There Are Five 2-Bedroom Apartments and One 1-Bedroom Apartment. Building is Very Well-Maintained. Total Rent is Approximately $75K Annually. Excellent Location! Close to Everything: Train, Buses, Shopping, Restaurants, etc. Property will be delivered with one vacant apartment.

Last Agent to Sell the Property

Tino Resta

Real Broker NY LLC Listed on: 11/17/2020

Last Buyer's Agent

Tino Resta

Real Broker NY LLC Listed on: 11/17/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,699

Year Built

  • Built in 1922

Lot Details

  • 2,475 Sq Ft Lot
  • Lot Dimensions are 100 x 24

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 6 Full Bathrooms
  • 5,325 Sq Ft Home
  • 3-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Parquet
  • Laminate
  • Tile

Utilities

  • Heating System Uses Steam
  • Heating System Uses Oil

Listing and Financial Details

  • Tax Block 6009

Community Details

Overview

  • 6 Units

Building Details

  • 1 Vacant Unit
  • Fuel Expense $6,000
  • Insurance Expense $2,500
  • Utility Expense $500
  • Gross Income $75,000
  • Net Operating Income $47,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,699

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Basement Amenities: Full, Semi-Finished
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1704
  • Building Length: 71.00
  • Building Width: 24.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 5th Ave
  • Cross Street Name2: Fort Hamilton Pky
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Available Units: 1
  • Number Of Families: 6
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Other
  • Fill Sq Ft Total: 5325
  • Building Stories: 3
  • Street Name I D X: 83rd
  • Street Number I D X: 543
  • Building Style: Other
  • Year Built: 1922
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 6
  • Flooring: Laminate, Parquet, Tile, Other
  • Lot Sq Ft: 2475

Exterior Features

  • Yard: Other
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 63
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: Circuit Breakers
  • Heating Fuel: Oil
  • Hot Water: Hot Water Coil in Boiler

Fee Information

  • Annual Fuel Expense: 6000.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 24
  • Zoning: R5B

Multi Family

  • Annual Gross Expense: 28000.00
  • Annual Gross Income: 75000
  • Insurance Expense: 2500.00
  • Property Net Operating Income: 47000.00
  • Unit Count: 6
  • Annual Utility Expenses: 500.00

Tax Info

  • Flip Tax Amount: 16699.00

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
11/23/2022 11/23/22 Sold $1,210,000 -- $227 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
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 $7,766 $44,160 $10,920 $33,240
2024 $7,766 $46,500 $10,920 $35,580
2023 $7,794 $50,940 $10,920 $40,020
2022 $5,448 $45,900 $10,920 $34,980
2021 $7,323 $38,040 $10,920 $27,120
2020 $5,492 $36,660 $10,920 $25,740
2019 $6,447 $32,220 $10,920 $21,300
2018 $6,221 $31,980 $10,920 $21,060
2017 $6,125 $31,518 $10,525 $20,993
2016 $5,931 $31,216 $10,580 $20,636
2015 $3,366 $29,450 $10,305 $19,145
2014 $3,366 $27,786 $11,573 $16,213
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 445477

Brooklyn Board of REALTORS®

APN: 07962-0034