NOT LISTED FOR SALE

6814 4th Ave Brooklyn, NY 11220

Bay Ridge Neighborhood

Estimated Value: $1,245,874

-- Bed
-- Bath
3,410 Sq Ft
$365/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $1,600,000 $469 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $8,000/month

Highlights

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

About This Home

As of September 2019

Introducing this opportunity to own this Mixed Use property in Bay Ridge, Brooklyn. The building is 20x55 sitting on a lot of 20x82 in zone R7B. The first floor is a restaurant with an extension making it 20x83 and it is being leased for $4,300 for 5 years with an increase of $100 per year. The second floor has 3 bedrooms and being leased for $2,400 until 12/31/2019. The third floor features 2 two bedroom apartment and it is being leased for $2,580 until 12/31/2019. Tenants pay all unities. There are an abundant of restaurants as well as grocery stores and shops. The property is located right in front of the R train station of Bay Ridge Av as well as B9 and B64 buses.

Last Agent to Sell the Property

Leo Lee

Momentum Real Estate LLC Listed on: 04/05/2019

Co-Listed By

Guang (King) Lin

Momentum Real Estate LLC

Last Buyer's Agent

Guang (King) Lin

Momentum Real Estate LLC

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $12,749

Lot Details

  • 1,728 Sq Ft Lot
  • Lot Dimensions are 82 x 20
  • Irregular Lot

Parking

  • On-Street Parking

Home Design

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

Interior Spaces

  • 3,410 Sq Ft Home
  • Wood Flooring
  • Finished Basement

Utilities

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

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Block 5863

Property Details

Property Type

Other

Est. Annual Taxes

$12,749

Lot Details

0

Listing Details

  • Basement Amenities: Finished
  • Borough: Brooklyn
  • Building Length: 55.00
  • Building Width: 20.00
  • Co List Office Mls Id: 117770
  • Co List Office Phone: (718) 382-0001
  • Commercial Condo Y N: No
  • Commercial Features Exterior: None
  • Commercial Features Interior: None
  • Confirmed By M L S Y N: Yes
  • Cross Street: 68th St
  • Cross Street Name2: Bay Ridge Ave
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 3
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 3410
  • Street Name I D X: 4
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Lot Sq Ft: 1728

Exterior Features

  • Yard: None
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 44
  • Roof: Flat

Utilities

  • Electric: 110 V, Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: Yes
  • Lot Size Length: 82
  • Lot Size Width: 20

Tax Info

  • Flip Tax Amount: 12749.00

Multi Family

  • Unit Count: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2024
Sold by
6814 4Th Ave Partners Llc
Bought by
6814 Jiang Holdings Llc
Current Estimated Value
$1,245,874

Purchase Details

Listed on
Apr 5, 2019
Closed on
Sep 30, 2019
Sold by
Bj Sweethome Realty Llc
Bought by
6814 4Th Ave Partners Llc
Seller's Agent
Leo Lee
Momentum Real Estate LLC
Buyer's Agent
Guang (King) Lin
Momentum Real Estate LLC
Sold Price
$1,600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.03%

Purchase Details

Closed on
Aug 30, 2013
Sold by
Cheung Steve Song and Cheung Xiu Qin
Bought by
Bj Sweethome Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
4.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 24, 2006
Sold by
Song Jian Qing and Zhu Bo Jin
Bought by
Cheung Steve Song and Cheung Xiu Qin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$619,000
Interest Rate
6.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 26, 2004
Sold by
Dai Tak Group Inc
Bought by
Song Jian Qing and Zhu Bo Jin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 14, 2002
Sold by
Marble Estates Corp
Bought by
Superstar Management Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 10, 1997
Sold by
Bernacchi Caesar and Bernacchi Frances
Bought by
Marble Estates Corp
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
6814 Jiang Holdings Llc $1,200,000 --
6814 4Th Ave Partners Llc $1,600,000 --
6814 4Th Ave Partners Llc $1,600,000 --
Bj Sweethome Realty Llc $980,000 --
Bj Sweethome Realty Llc $980,000 --
Cheung Steve Song $930,000 --
Cheung Steve Song $930,000 --
Song Jian Qing $700,000 --
Song Jian Qing $700,000 --
Superstar Management Inc -- --
Superstar Management Inc -- --
Marble Estates Corp -- Commonwealth Land Title Ins
Marble Estates Corp -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bj Sweethome Realty Llc $490,000
Previous Owner Cheung Steve Song $619,000
Previous Owner Song Jian Qing $400,000
Previous Owner Superstar Management Inc $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2019 09/30/19 Sold $1,600,000 -- $469 / Sq Ft
04/05/2019 04/05/19 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 $17,744 $383,400 $92,250 $291,150
2024 $17,744 $344,250 $92,250 $252,000
2023 $16,121 $319,500 $92,250 $227,250
2022 $14,888 $323,100 $92,250 $230,850
2021 $14,927 $297,450 $92,250 $205,200
2020 $10,787 $324,450 $92,250 $232,200
2019 $13,769 $327,600 $92,250 $235,350
2018 $12,857 $101,088 $28,042 $73,046
2017 $11,905 $93,601 $29,842 $63,759
2016 $12,067 $93,601 $31,664 $61,937
2015 $7,254 $90,698 $32,792 $57,906
2014 $7,254 $83,980 $33,559 $50,421
Source: Public Records

Agents Affiliated with this Home

  • Leo Lee

    Seller's Agent in 2019

    Leo Lee

    Momentum Real Estate LLC

    (917) 539-9396

    2 in this area

    92 Total Sales

    Leo Lee
    Section Image
  • Guang (King) Lin

    Seller Co-Listing Agent in 2019

    Guang (King) Lin

    Momentum Real Estate LLC

    (917) 468-5359

    1 in this area

    39 Total Sales

    Guang (King) Lin
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 428745

Brooklyn Board of REALTORS®

APN: 05863-0044

New York Kings County Brooklyn 11209 Bay Ridge

6814 4th Ave, Brooklyn, NY

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