NOT LISTED FOR SALE

6762 4th Ave Brooklyn, NY 11220

Bay Ridge Neighborhood

Estimated Value: $2,534,347

Studio
-- Bath
5,942 Sq Ft
$427/Sq Ft Est. Value

Last Sold April 12, 2022

Last sale price $2,300,000 $387 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $16,109/month

Highlights

  • Wood Flooring
  • 1-minute walk to Bay Ridge Avenue
  • Heating System Uses Steam
  • P.S. 102 The Bayview School Rated A
  • Fenced Yard

About This Home

As of April 2022

Great Opportunity to own this Corner Property in One of the Busiest Parts of Bay Ridge. The building has 2 separate Certificates of Occupancy, one is 1 store and 4 families, with another one in the back has 2 stores and 2 families. Building Size 19x102, Lot Size 20x112, 3 units of 2 bedrooms and 3 units of 1 bedroom. 3 apartments units that are currently vacant. All stores are vacant. Heavy Foot Traffic on 4th Ave and 68th Street in front of the train station. Great investment property with very high potential rental income. A multitude of restaurants, shopping outlets, pharmacies, bakeries, banks and more. Public Transportation B9, B64, B37, B63 Buses, and R Train. Quick access to the Belt Parkway.

Last Agent to Sell the Property

Dan Dong

RE/MAX Edge Listed on: 07/05/2021

RE/MAX Edge

Last Buyer's Agent

Ping Chen

RE/MAX Edge

RE/MAX Edge

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $27,258

Year Built

  • Built in 1931

Lot Details

  • 2,238 Sq Ft Lot
  • Lot Dimensions are 112 x 20
  • Fenced Yard
  • Property is zoned R7B

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 5,942 Sq Ft Home
  • 3-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Utilities

  • Heating System Uses Steam
  • Heating System Uses Oil
  • 110 Volts
  • Oil Water Heater

Community Details

  • 6 Units

Listing and Financial Details

  • Tax Block 5854

Property Details

Property Type

Other

Est. Annual Taxes

$27,258

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Basement Amenities: Full, Semi-Finished
  • Borough: Brooklyn
  • Building Length: 102.00
  • Building Width: 19.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other, None
  • Commercial Features Interior: Other, None
  • Confirmed By M L S Y N: Yes
  • Cross Street: 68th St
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 6
  • Parking Attributes: Other
  • Parking Feature Single: Other
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 5942
  • Building Stories: 3
  • Street Name I D X: 4th
  • Waterfront Present: No
  • Year Built: 1931
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2238

Exterior Features

  • Yard: Fenced - Full
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 47
  • Roof: Flat

Utilities

  • Electric: 110 V
  • Heating Fuel: Oil
  • Hot Water: Oil

Lot Info

  • Lot Dimensions: 2238
  • Lot Size Irregular: No
  • Lot Size Length: 112
  • Lot Size Width: 20
  • Zoning: R7B

Tax Info

  • Flip Tax Amount: 27258.00

Multi Family

  • Unit Count: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2021
Closed on
Apr 12, 2022
Sold by
Constantine D Koutras As Trustee
Bought by
6762 4Th Ave Llc
Seller's Agent
Dan Dong
RE/MAX Edge
Buyer's Agent
Ping Chen
RE/MAX Edge
Sold Price
$2,300,000
Current Estimated Value
$2,534,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,347
Avg. Annual Appreciation
2.59%

Purchase Details

Closed on
May 1, 2015
Sold by
Kakouros Kiriakos
Bought by
Kiriakos Kakouros Revocable Trust and Kiriakos Kakouros, As Trustee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
6762 4Th Ave Llc $2,300,000 --
Kiriakos Kakouros Revocable Trust -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2022 04/12/22 Sold $2,300,000 -- $387 / Sq Ft
07/05/2021 07/05/21 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $35,232 $538,650 $10,800 $527,850
2024 $35,232 $505,350 $10,800 $494,550
2023 $32,010 $468,900 $10,800 $458,100
2022 $28,915 $475,200 $10,800 $464,400
2021 $26,797 $438,300 $10,800 $427,500
2019 $26,693 $485,100 $10,800 $474,300
2018 $24,883 $200,725 $3,743 $196,982
2017 $23,170 $185,858 $3,983 $181,875
2016 $20,250 $172,092 $3,907 $168,185
2015 $14,404 $172,092 $4,180 $167,912
2014 $14,404 $166,753 $4,471 $162,282
Source: Public Records

Agents Affiliated with this Home

  • Dan Dong

    Seller's Agent in 2022

    Dan Dong

    RE/MAX

    (929) 291-9897

    23 in this area

    283 Total Sales

    Dan Dong
    Section Image
  • Ping Chen

    Buyer's Agent in 2022

    Ping Chen

    RE/MAX

    (917) 536-3632

    10 in this area

    130 Total Sales

    Ping Chen
    Section Image
See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 453488

Brooklyn Board of REALTORS®

APN: 05854-0047

New York Kings County Brooklyn 11220 Bay Ridge

6762 4th Ave, Brooklyn, NY

Not Listed for Sale

Other

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