NOT LISTED FOR SALE

688 85th St Brooklyn, NY 11228

Bay Ridge Neighborhood

Estimated Value: $1,269,944 - $1,557,000

Studio
3 Baths
2,105 Sq Ft
$687/Sq Ft Est. Value

Sale Details

Date Sold: February 10, 2021

Last sale price $1,300,000 $618 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $8,639 / mo

Highlights

  • Wood Flooring
  • Terrace
  • Porch
  • P.S. 127 McKinley Park Rated A
  • 2 Car Detached Garage
  • 4-minute walk to Tom McDonald Triangle

About This Home

As of February 2021

HUGE PRICE REDUCTION OWNER MOTIVATED!

BEAUTIFULLY RENOVATED and MODERN 2 Family BRICK HOME with a DETACHED 2 car GARAGE is conveniently located on a quiet & semi private street on the border of Bay Ridge & Dyker Heights. These apartments have been fully renovated, with no expense spared, and feature an open concept floor plan. The sunporch and living area have recessed lighting and hardwood floors. The open kitchen with center island has custom wood cabinetry, granite countertops, and stainless steel appliances. Spacious bathrooms are fully tiled with walk-in showers. Privately located towards the rear of each apartment are two bright bedrooms. The upstairs apartment features a private balcony in the front and skylight, and the first floor features a private back yard. Nicely finished walk-in finished basement with separate entrance, high ceilings, tiled floor, and full bath. Detached two car garage. One block to the express bus to the city, a short walk to the R-Train and all shopping amenities that both Dyker Heights and Bay Ridge have to offer.

Last Agent to Sell the Property

Wade Jabour

Listed on: 07/21/2020

Last Buyer's Agent

Zhang Xian Jin

RE/MAX Edge License #10401336169

RE/MAX Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,933

Year Built

  • Built in 1920

Lot Details

  • 1,900 Sq Ft Lot
  • Lot Dimensions are 100 x 19
  • Back Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Masonry

Interior Spaces

  • 3 Full Bathrooms
  • 2,105 Sq Ft Home
  • 2-Story Property

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Terrace
  • Porch

Utilities

  • Multiple cooling system units
  • Heating System Uses Steam
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 6037

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,933

Year Built

Built in 1920

Lot Details

1,900 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished, Full, Walk-in
  • Borough: Brooklyn
  • Building Length: 55.00
  • Building Width: 19.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 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: Community Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall, Alarm, Dishwasher, Dryer, Garage Door Opener(s), Microwave, Porch, Refrigerator, Stove, Terrace, Washer
  • Fill Sq Ft Total: 2105
  • Building Stories: 2
  • Street Name I D X: 85
  • Year Built: 1920
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 3
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 1900

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Masonry
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 44
  • Roof: Flat

Utilities

  • Air Conditioning Units: 3
  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 19
  • Zoning: R4B

Tax Info

  • Flip Tax Amount: 7933.00

Multi Family

  • Unit Count: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2020
Closed on
Jan 29, 2021
Sold by
Bought by
Seller's Agent
Wade Jabour
Buyer's Agent
Zhang Xian Jin
RE/MAX Edge
Sold Price
$1,300,000
Current Estimated Value
$1,446,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,986
Avg. Annual Appreciation
2.02%
Original Mortgage
$780,000
Outstanding Balance
$684,771
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$762,215

Purchase Details

Closed on
Jun 4, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,776
Interest Rate
3.78%
Mortgage Type
New Conventional
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,300,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $780,000
Previous Owner $11,776
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/10/2021 02/10/21 Sold $1,300,000 -- $618 / Sq Ft
07/21/2020 07/21/20 Pending -- -- --
Source: Brooklyn Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $10,425 $66,600 $13,980 $52,620
2025 $9,835 $71,220 $13,980 $57,240
2024 $9,835 $83,820 $13,980 $69,840
2023 $9,945 $84,480 $13,980 $70,500
2022 $9,701 $68,280 $13,980 $54,300
2021 $9,649 $74,880 $13,980 $60,900
2020 $4,525 $69,360 $13,980 $55,380
2019 $8,536 $61,560 $13,980 $47,580
2014 -- $34,006 $13,467 $20,539
Source: Public Records

Agents Affiliated with this Home

  • Wade Jabour

    Seller's Agent in 2021

    Wade Jabour

    (917) 399-2085

    52 in this area

    153 Total Sales

    Wade Jabour
    Section Image
  • Zhang Xian Jin

    Buyer's Agent in 2021

    Zhang Xian Jin

    RE/MAX Edge

    17 Total Sales

    Zhang Xian Jin
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 440681

Brooklyn Board of REALTORS®

APN: 06037-0044

New York Kings County Brooklyn 11209 Bay Ridge

688 85th St, Brooklyn, NY

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Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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