NOT LISTED FOR SALE

Estimated Value: $1,480,000 - $1,792,000

-- Bed
2 Baths
2,608 Sq Ft
$620/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $1,465,000 $562 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $9,658/month

Highlights

  • Wood Flooring
  • Central Air
  • Front Yard
  • P.S. 102 The Bayview School Rated A
  • Baseboard Heating
  • 4-minute walk to Narrows Botanical Garden

About This Home

As of August 2021

Gama Group New York proudly presents this turn-key, true two-family, all brick, finished basement, with parking in prime Bay Ridge!

General home specifications include 5 real bedrooms, 2 bathrooms, 2,700 sqft, fully finished basement, 2-car attached garage, 20x68 building sitting on a 20x100 lot, built around 1920, Anderson 400 series windows throughout.

LEVEL 1: 3 Real Bedrooms with closets, open L-shape kitchen w/ granite counters, full bathroom, living room, baseboard heating throughout, access to Basement.

LEVEL 2: 2 Real Bedrooms with closets, open U-shape kitchen w/ bar seating, dining room, massive living room w/ many windows, open skylight, full bathroom with corner tub jacuzzi/Kohler glass sink, washer/dryer, Central HVAC, as well as baseboard heating throughout.

BASEMENT: Fully finished w/ exits to the front and access to garage (rear), 2 additional rooms, summer kitchen, boiler room with two new water heaters, access to Level 1.

The property is located on 73rd Street right off of Narrows Avenue. Just a short walk to the beautiful parks of Bay Ridge, the Shore Road waterfront with a 3-mile walk/bike path overlooking the Verrazzano Bridge but also within walking distance of great schools, restaurants, supermarkets, coffee shops, and much more along 3rd Avenue. Currently, LEVEL 1/parking/basement storage is occupied by tenants generating $2,800 per month.

Last Agent to Sell the Property

Gabriel Lian

Gama Group LLC Listed on: 05/18/2021

Last Buyer's Agent

Danny Chung

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,303

Year Built

  • Built in 1920

Lot Details

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

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2 Full Bathrooms
  • 2,608 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Stove

Flooring

  • Wood
  • Ceramic Tile

Parking

  • 2 Car Garage
  • Carport
  • Garage Door Opener

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Gas
  • 220 Volts
  • 110 Volts
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 5905

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,303

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Total Bathrooms: 2.00
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1360
  • Building Length: 68.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Narrows Av
  • Cross Street Name2: Ridge Blvd
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Baseboard
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces
  • Parking Feature Single: Carport
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Central Air, Garage Door Opener(s), Refrigerator, Stove
  • Fill Sq Ft Total: 2608
  • Building Stories: 2
  • Street Name I D X: 73rd
  • Street Number I D X: 59
  • Year Built: 1920
  • Special Features: None
  • Stories: 2

Interior Features

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

Exterior Features

  • Yard: Front, None
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 79
  • Roof: Flat

Utilities

  • Air Conditioning Units: 1
  • Electric: 110 V, 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R3-2

Tax Info

  • Flip Tax Amount: 11303.00

Multi Family

  • Unit Count: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2021
Closed on
Aug 6, 2021
Sold by
Tong Kelvin and Yung Maggie
Bought by
Huang Susan and Li Vincent Hong
Seller's Agent
Gabriel Lian
Gama Group LLC
Buyer's Agent
Danny Chung
Sold Price
$1,465,000
Current Estimated Value
$1,617,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,870
Avg. Annual Appreciation
2.11%
Original Mortgage
$1,172,000
Outstanding Balance
$1,068,755
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$527,759

Purchase Details

Closed on
Aug 17, 2012
Sold by
Tong Yui-Kin
Bought by
Tong Kelvin and Yung Maggie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,899
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2001
Sold by
Yong Patrick Y
Bought by
Tong Yui-Kin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,878
Interest Rate
7.2%

Purchase Details

Closed on
May 17, 2000
Sold by
Stuart Allan A
Bought by
Tong Patrick Y and Tong Yui Kin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,800
Interest Rate
8.24%
Source: Public Records

Range of Values:

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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
Huang Susan $1,465,000 --
Tong Kelvin -- --
Tong Yui-Kin -- --
Tong Patrick Y $371,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Susan $1,172,000
Previous Owner Tong Kelvin $13,899
Previous Owner Tong $524,400
Previous Owner Tong $87,000
Previous Owner Tong Kelvin $62,000
Previous Owner Tong Yui Kin $396,800
Previous Owner Tong Yui-Kin $3,878
Previous Owner Tong Patrick Y $296,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $1,465,000 -- $562 / Sq Ft
05/18/2021 05/18/21 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 $12,459 $98,520 $16,680 $81,840
2024 $12,459 $97,440 $16,680 $80,760
2023 $11,885 $99,180 $16,680 $82,500
2022 $11,167 $79,800 $16,680 $63,120
2021 $11,476 $74,100 $16,680 $57,420
2020 $5,585 $83,760 $16,680 $67,080
2019 $10,521 $83,760 $16,680 $67,080
2018 $9,644 $48,769 $8,543 $40,226
2017 $9,203 $46,614 $10,285 $36,329
2016 $9,009 $46,614 $12,237 $34,377
2015 $5,084 $45,663 $14,267 $31,396
2014 $5,084 $43,079 $13,446 $29,633
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 451221

Brooklyn Board of REALTORS®

APN: 05905-0079