NOT LISTED FOR SALE

548 79 St Brooklyn, NY 11209

Bay Ridge Neighborhood

Estimated Value: $1,795,000 - $2,102,733

Studio
4 Baths
3,420 Sq Ft
$569/Sq Ft Est. Value

Last Sold January 08, 2018

Last sale price $1,720,000 $503 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $10,964/month

Highlights

  • Wood Flooring
  • Multiple cooling system units
  • Back Yard
  • Junior High School 259 William McKinley Rated A
  • Heating System Uses Steam
  • 4-minute walk to Dan Ross Playground

About This Home

As of January 2018

Huge 3 family brick house in Bay Ridge, 20x57, 20x100, 3 stories plus finished basement, community drive with 2 car parking. Excellent rental income, near R train and shopping. Will be delivered all vacant.

Last Agent to Sell the Property

Phoebe Burger

Ben Bay Realty Co Listed on: 08/18/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,500

Year Built

  • Built in 1920

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Back Yard

Parking

  • 2 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Rubber Roof

Interior Spaces

  • 4 Full Bathrooms
  • 3,420 Sq Ft Home
  • 3-Story Property
  • Finished Basement

Flooring

  • Wood
  • Tile

Utilities

  • Multiple cooling system units
  • Heating System Uses Steam
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 5981

Community Details

Overview

  • 3 Units

Building Details

  • Fuel Expense $2,200
  • Insurance Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,500

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Basement Amenities: Finished
  • Total Bathrooms: 4.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Borough: Brooklyn
  • Building Length: 57.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 5th Ave
  • Cross Street Name2: 6th Ave
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 3
  • Parking Attributes: 2 Spaces
  • Parking Feature Single: Community Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: None
  • Rooms Total Level3: 5
  • Fill Sq Ft Total: 3420
  • Building Stories: 3
  • Street Name I D X: 79
  • Year Built: 1920
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 4
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 26
  • Roof: Rubber

Utilities

  • Air Conditioning Units: 3
  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 2200.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R4-1

Multi Family

  • Insurance Expense: 1200.00
  • Unit Count: 3

Tax Info

  • Flip Tax Amount: 7500.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2017
Closed on
Jan 8, 2018
Sold by
Yaung Khoon Foke
Bought by
58 Bayridge Inc
Seller's Agent
Phoebe Burger
Ben Bay Realty Co
Sold Price
$1,720,000
Current Estimated Value
$1,947,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,683
Avg. Annual Appreciation
1.56%
Original Mortgage
$800,000
Outstanding Balance
$674,932
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,272,751

Purchase Details

Closed on
Apr 10, 1997
Sold by
Bertone Nicola A
Bought by
Yaung Khoon Foke and Young Cheing Aung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
7.64%
Mortgage Type
Purchase Money Mortgage
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
58 Bayridge Inc $1,720,000 --
Yaung Khoon Foke -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 58 Bayridge Inc $800,000
Previous Owner Yaung Khoon Foke $185,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2018 01/08/18 Sold $1,720,000 -- $503 / Sq Ft
08/18/2017 08/18/17 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 $10,556 $89,100 $16,800 $72,300
2024 $10,556 $83,940 $16,800 $67,140
2023 $10,070 $102,960 $16,800 $86,160
2022 $9,339 $95,160 $16,800 $78,360
2021 $9,845 $89,040 $16,800 $72,240
2019 $9,162 $83,820 $16,800 $67,020
2018 $8,125 $41,320 $8,920 $32,400
2017 $7,647 $38,983 $8,358 $30,625
2016 $7,483 $38,983 $10,268 $28,715
2015 $4,216 $38,688 $12,652 $26,036
2014 $4,216 $36,499 $12,088 $24,411
Source: Public Records

Agents Affiliated with this Home

  • Phoebe Burger

    Seller's Agent in 2018

    Phoebe Burger

    Ben Bay Realty Co

    (917) 385-1719

    9 in this area

    123 Total Sales

    Phoebe Burger
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 413086

Brooklyn Board of REALTORS®

APN: 05981-0026

New York Kings County Brooklyn 11209 Bay Ridge

548 79 St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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