NOT LISTED FOR SALE

Estimated Value: $1,365,000 - $1,702,000

7 Beds
2 Baths
2,420 Sq Ft
$625/Sq Ft Est. Value

Last Sold November 09, 2021

Last sale price $1,450,000 $599 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $8,944/month

Highlights

  • Wood Flooring
  • Terrace
  • Heating System Uses Steam
  • Junior High School 259 William McKinley Rated A
  • 2 Car Detached Garage
  • Back and Front Yard

About This Home

As of November 2021

Excellent Bay Ridge location! This 2 Family Brick, semi-detached, 20 x 56 property on a 25.5 x 100 lot is more than meets the eye! The 2,420 sqft. home boasts hardwood and tile floors, two spacious apartments, a 3 bedroom and 4 bedroom, with plenty of closet and storage space, a terrace, a full, unfinished basement with extra high ceilings, back and front yards, a shared driveway and 18 x 18 detached garage with room enough for two cars, an electronic garage door opener, and a brand new A.O. Smith 50 gallon gas hot water heater. Amenities include quick and easy access to the multitude of establishments along 5th Ave. and Ft. Hamilton Pkwy., P.S. 170, P.S. 127, P.S./I.S. 30, I.S. 259, McKinley Park, Kathy Reilly Triangle, Leif Ericson Park, and much more! Transportation options include immediate access to the B70, B64, B4, and B16 buses, and the Gowanus Expy.

Last Agent to Sell the Property

Christine Olivieri

Ben Bay Realty Co Listed on: 05/24/2021

Last Buyer's Agent

Christine Olivieri

Ben Bay Realty Co Listed on: 05/24/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,717

Year Built

  • Built in 1925

Lot Details

  • 2,550 Sq Ft Lot
  • Lot Dimensions are 100 x 25
  • Back and Front Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,420 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Stove

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Shared Driveway

Outdoor Features

  • Terrace

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 5899

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,717

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Basement Amenities: Full, Unfinished
  • Total Bathrooms: 2.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Beds Total Level1: 3
  • Beds Total Level2: 4
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1120
  • Building Length: 56.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 6th Ave.
  • Cross Street Name2: 7th Ave.
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces, Detached Garage
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Garage Door Opener(s), Stove, Terrace
  • Rooms Total Level1: 6
  • Rooms Total Level2: 6
  • Fill Sq Ft Total: 2420
  • Street Name I D X: 71st
  • Street Number I D X: 644
  • Waterfront Present: No
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 7
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2550
  • Total Rooms: 12

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 26
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 25
  • Zoning: R4-1

Tax Info

  • Flip Tax Amount: 6717.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2021
Closed on
Nov 9, 2021
Sold by
Dalton Florence and Dalton Florence M
Bought by
Lee Hee H and Lee Rachel S
Seller's Agent
Christine Olivieri
Ben Bay Realty Co
Buyer's Agent
Christine Olivieri
Ben Bay Realty Co
Sold Price
$1,450,000
Current Estimated Value
$1,513,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,365
Avg. Annual Appreciation
0.30%
Original Mortgage
$1,000,000
Outstanding Balance
$922,796
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$543,778
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
Lee Hee H $1,450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Hee H $1,000,000
Previous Owner Dalton Florence M $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2021 11/09/21 Sold $1,450,000 -- $599 / Sq Ft
05/24/2021 05/24/21 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 $10,938 $89,760 $17,040 $72,720
2024 $10,938 $77,460 $17,040 $60,420
2023 $10,544 $85,260 $17,040 $68,220
2022 $7,975 $70,200 $17,040 $53,160
2021 $6,738 $68,760 $17,040 $51,720
2020 $5,054 $68,640 $17,040 $51,600
2019 $6,528 $68,640 $17,040 $51,600
2018 $5,917 $35,288 $8,174 $27,114
2017 $5,899 $33,292 $9,417 $23,875
2016 $5,762 $33,292 $10,177 $23,115
2015 $3,226 $33,040 $11,990 $21,050
2014 $3,226 $31,171 $11,830 $19,341
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 451327

Brooklyn Board of REALTORS®

APN: 05899-0026