$1,220,000
SOLD OCT 9, 2025

6920 3rd Ave Brooklyn, NY 11209

Bay Ridge Neighborhood
-- Bed
-- Bath
3,000 Sq Ft
1,740 Sq Ft Lot

Recently Sold

$407 Per Sq Ft

34% Below List Price

Highlights

  • Wood Flooring
  • 4-minute walk to Bay Ridge Avenue
  • Back Yard
  • P.S. 102 The Bayview School Rated A
  • Hot Water Heating System

About This Home

As of October 2025

FOR SALE - 4 Family + 1 Store - Prime Bay Ridge Brooklyn. Brick Building on a 20 x 87 Lot, Building is 20 x 56, R6B Zoning, Apartments have NO LEASES (All Large Studios) - Present all offers!! GREAT INVESTMENT OPPORTUNITY!!!

Last Agent to Sell the Property

Charles Fabbella

Ben Bay Realty Co of Bay Ridge Listed on: 06/06/2025

Last Buyer's Agent

Charles Fabbella

Ben Bay Realty Co of Bay Ridge Listed on: 06/06/2025

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $20,921

Year Built

  • Built in 1920

Lot Details

  • 1,740 Sq Ft Lot
  • Lot Dimensions are 87 x 20
  • Back Yard
  • Property is zoned R6B

Parking

  • On-Street Parking

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 3,000 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 5871

Community Details

Overview

  • 4 Units

Building Details

  • Fuel Expense $8,400
  • Insurance Expense $6,000
  • Utility Expense $1,128
  • Gross Income $88,057

Property Details

Property Type

Other

Est. Annual Taxes

$20,921

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Borough: Brooklyn
  • Building Length: 56.00
  • Building Width: 20.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: Ovington Ave
  • Cross Street Name2: Bay Ridge Avenue
  • Heat Delivery: Hot Water
  • Number Of Families: 4
  • Parking Attributes: Other
  • Parking Feature Single: Street
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 3000
  • Building Stories: 3
  • Street Name I D X: 3rd
  • Year Built: 1920
  • Special Features: None
  • Stories: 3

Interior Features

  • Ceiling: Other
  • Flooring: Hardwood
  • Lot Sq Ft: 1740
  • Walls: Other

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 53
  • Roof: Flat

Utilities

  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 8400.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 87
  • Lot Size Width: 20
  • Zoning: R6B

Multi Family

  • Annual Gross Expense: 39449.00
  • Annual Gross Income: 88057
  • Insurance Expense: 6000.00
  • Unit Count: 5
  • Annual Utility Expenses: 1128.00

Tax Info

  • Flip Tax Amount: 20921.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2025
Closed on
Oct 9, 2025
Sold by
6920 Third Avenue Corp
Bought by
6920 Realty Llc
Seller's Agent
Charles Fabbella
Ben Bay Realty Co of Bay Ridge
Buyer's Agent
Charles Fabbella
Ben Bay Realty Co of Bay Ridge
List Price
$1,839,000
Sold Price
$1,220,000
Premium/Discount to List
-$619,000
-33.66%
Views
5

Purchase Details

Closed on
Jul 15, 1997
Sold by
Hormann Barbra A and Hormann Admin
Bought by
6920 Third Avenue Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $1,220,000 --
Deed -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2025 10/09/25 Sold $1,220,000 -23.7% $407 / Sq Ft
07/23/2025 07/23/25 Price Changed $1,599,000 -5.9% $533 / Sq Ft
07/14/2025 07/14/25 Price Changed $1,700,000 -7.6% $567 / Sq Ft
06/06/2025 06/06/25 For Sale $1,839,000 -- $613 / Sq Ft
06/06/2025 06/06/25 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 $20,921 $327,150 $86,850 $240,300
2024 $20,921 $272,700 $86,850 $185,850
2023 $19,012 $227,250 $86,850 $140,400
2022 $18,317 $283,950 $86,850 $197,100
2021 $17,010 $261,450 $86,850 $174,600
2020 $17,010 $288,000 $86,850 $201,150
2019 $16,235 $288,000 $86,850 $201,150
2018 $15,163 $119,219 $35,453 $83,766
2017 $14,648 $115,163 $39,339 $75,824
2016 $13,752 $106,668 $38,552 $68,116
2015 $8,925 $106,668 $41,256 $65,412
2014 $8,925 $99,021 $42,281 $56,740
Source: Public Records

Agents Affiliated with this Home

  • Charles Fabbella

    Seller's Agent in 2025

    Charles Fabbella

    Ben Bay Realty Co of Bay Ridge

    (917) 453-0053

    24 in this area

    111 Total Sales

    Charles Fabbella
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 493253

Brooklyn Board of REALTORS®

APN: 05871-0053

New York Kings County Brooklyn 11209 Bay Ridge

6920 3rd Ave, Brooklyn, NY

Sold

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