NOT LISTED FOR SALE

Estimated Value: $1,544,089

-- Bed
4 Baths
2,200 Sq Ft
$702/Sq Ft Est. Value

Last Sold September 02, 2020

Last sale price $1,300,000 $591 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $8,949/month

Highlights

  • Wood Flooring
  • Central Air
  • Back Yard
  • Junior High School 259 William McKinley Rated A
  • Heating System Uses Steam
  • 5-minute walk to McKinley Park

About This Home

As of September 2020

Bay Ridge - Bay Ridge Parkway on Doctor's Row. Barrel Fronted Brick 2 Family + Professional Office.

Walk In Level Home Office / Professional Space Used in Conjunction with First Floor Apartment is Comprised of Three Rooms Including a Large Front Reception, Two Private Offices, Two Quarter Bathrooms and a Rear File Room. Office Space has Central Air & Heat and Access to Rear Yard.

First Floor is Comprised of a Six Room, Two Bedroom Apartment also with Access to the Rear Yard.

Second Floor is Comprised of a Six Room, Three Bedroom Apartment.

Both Apartments are in Great Condition with Renovated Kitchens. Property to Be Delivered Vacant.

Amenities Include Hardwood Flooring, Gas Heat, Central Air & Heat in Professional Office, Stained Glass Windows and Detailed Carved Hallway Banisters

Walking Distance to MTA "R" Train as well as Close Proximity to multiple MTA Surface Bus Lines Including NYC Express Buses. One Block From 5th Avenue Dining and Shopping and near the 86th Street Business District.

Last Agent to Sell the Property

George Clark

George L Clark Inc Listed on: 02/05/2020

Last Buyer's Agent

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,960

Year Built

  • Built in 1899

Lot Details

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

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 2,200 Sq Ft Home
  • Wood Flooring
  • Walk-Out Basement

Utilities

  • Central Air
  • Heating System Uses Steam
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,960

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Basement Amenities: Walk-in
  • Borough: Brooklyn
  • Building Length: 55.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 5TH AVENUE
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Seller
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Central Air
  • Fill Sq Ft Total: 2200
  • Street Name I D X: Bay Ridge
  • Year Built: 1899
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Basement Half Bathrooms: 2
  • Flooring: Hardwood
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Other
  • Roof: Flat

Utilities

  • Air Conditioning Units: 1
  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R5B

Tax Info

  • Flip Tax Amount: 8960.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2020
Closed on
Sep 2, 2020
Sold by
Strafaci Frank T and Strafaci Irene F
Bought by
569 Bay Ridge Parkway Llc
Seller's Agent
George Clark
George L Clark Inc
Buyer's Agent
NON MEMBER
Sold Price
$1,300,000
Current Estimated Value
$1,544,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,089
Avg. Annual Appreciation
3.40%
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
569 Bay Ridge Parkway Llc $1,300,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2020 09/02/20 Sold $1,300,000 -- $591 / Sq Ft
02/05/2020 02/05/20 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 $10,209 $91,980 $18,180 $73,800
2024 $10,209 $92,400 $18,180 $74,220
2023 $9,739 $90,060 $18,180 $71,880
2022 $9,469 $79,860 $18,180 $61,680
2021 $9,983 $74,880 $18,180 $56,700
2020 $7,487 $72,360 $18,180 $54,180
2019 $8,861 $62,940 $18,180 $44,760
2018 $8,146 $39,960 $9,812 $30,148
2017 $8,058 $39,528 $10,406 $29,122
2016 $7,902 $39,528 $12,489 $27,039
2015 $4,498 $37,415 $14,189 $23,226
2014 $4,498 $35,298 $16,059 $19,239
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 436491

Brooklyn Board of REALTORS®

APN: 05931-0060