Seller's Agent in 2024
John Ricco
Keller Williams Realty Empire
(646) 247-3290
2 in this area
29 Total Sales
70 81st St Brooklyn, NY 11209
Bay Ridge NeighborhoodEstimated Value: $2,243,000 - $3,385,000
Studio
--
Bath
2,950
Sq Ft
$934/Sq Ft
Est. Value
Highlights
- 5,341 Sq Ft lot
- Pre War Building
- Community Garden
- P.S. 185 Walter Kassenbrock Rated A
- 2 Fireplaces
- 4-minute walk to Shore Road Park
About This Home
As of September 2024Welcome to the heart of Crescent Hill, Bay Ridge Brooklyn's most exclusive enclave. 70 81st Street is where grace, style, charm, and elegance awaits you. This majestic center hall colonial is truly a spectacular residence. Right as you enter the foyer of this austere home, you will immediately notice the quality and craftsmenship on display. The original hard wood floors that run throuhout the house are beautiful. The main level enjoys an impressive formal dining room which is just the space to entertain family & friends. Come with me through the French doors as you enter the spectacular fully updated kitchen w/ additonal dining area. Off the kitchen is the first of 4 full bathrooms. As you venture through the main level you will be drawn to the warm and inviting formal living room with wood burning fireplace. Off of the living at the front of the house is an awesome all-seasons sun room, the perfect place to enjoy the weather and unwind while in the comfort of your home. The upper level welcomes you with a master suite and 3 additional spacious bedrooms. One of the bedrooms has original built in book shelves and it's very own fire place. Midway down the hall there is the 3rd full bathroom with stand up shower & bathtub. As you descend to the lower level you will be amazed at the exquisite fully finished, walk out basement. This space is an entertainer's dream, enjoying a large open floor plan with a family / billiards area. You will find a full 2nd kitchen along with great storage and a 4th Full bathroom. There is a dedicated laundry area, home gym and office space. Entering the back yard is like visiting a secluded oasis. The space is is fully gated, beautifully landscaped and simply serene, such a great place to relax, garden and entertain. There is a fully detached 2 car garage and the lawn is equipped with automatic sprinklers making upkeep of the grounds almost effortless. This Bay Ridge classic is located blocks from Shore Road Park's awe-inspiring riverfront park land. The property sits mere blocks from all the best dining, shopping, bus, trains, ferry terminals and highways. The Belt Parkway, Gowanus, BQE, Verrazano Bridge and access to NYC and more! Come see the true luxury Brooklyn experience that is for yourself, you will not be disappointed!
Last Agent to Sell the Property
Keller Williams Realty Empire License #10401317121 Listed on: 04/30/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,273
Year Built
- Built in 1925
Lot Details
- 5,341 Sq Ft Lot
- Lot Dimensions are 49.00 x 109.00
Parking
- Garage
Home Design
- Pre War Building
Interior Spaces
- 2,950 Sq Ft Home
- 2-Story Property
- 2 Fireplaces
- Wood Burning Fireplace
Utilities
- Central Air
- Heating System Uses Natural Gas
Community Details
- Bay Ridge Subdivision
- Community Garden
Listing and Financial Details
- Legal Lot and Block 9 / 5994
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 30, 2024
Closed on
Sep 16, 2024
Sold by
Smorto Matthew and Smorto Milagros
Bought by
Decrescenzo Anthony and De Crescenzo Fabia
Seller's Agent
John Ricco
Keller Williams Realty Empire
List Price
$3,200,000
Sold Price
$2,400,000
Premium/Discount to List
-$800,000
-25%
Views
392
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,872
Avg. Annual Appreciation
11.22%
Original Mortgage
$1,400,000
Outstanding Balance
$1,381,609
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,374,263
Purchase Details
Closed on
Jan 22, 2010
Sold by
Cortes Milagros and Smorto Matthew
Bought by
Smorto Matthew and Smorto Milagros
Purchase Details
Closed on
Jun 3, 1998
Sold by
Miranda Maria
Bought by
Rovito Vincent
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.86%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Decrescenzo Anthony | $2,400,000 | -- | |
| Decrescenzo Anthony | $2,400,000 | -- | |
| Smorto Matthew | -- | -- | |
| Smorto Matthew | -- | -- | |
| Rovito Vincent | $700,000 | Ticor Title Guarantee Compan | |
| Rovito Vincent | $700,000 | Ticor Title Guarantee Compan |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Decrescenzo Anthony | $1,400,000 | |
| Closed | Decrescenzo Anthony | $1,400,000 | |
| Previous Owner | Rovito Vincent | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/16/2024 09/16/24 | Sold | $2,400,000 | 0.0% | $814 / Sq Ft | |
| 09/16/2024 09/16/24 | Sold | $2,400,000 | -20.0% | $814 / Sq Ft | View Prior Sale |
| 08/13/2024 08/13/24 | Pending | -- | -- | -- | |
| 08/08/2024 08/08/24 | Pending | -- | -- | -- | |
| 07/18/2024 07/18/24 | Price Changed | $2,999,000 | 0.0% | $1,017 / Sq Ft | |
| 06/04/2024 06/04/24 | Price Changed | $2,999,999 | -6.3% | $1,017 / Sq Ft | |
| 04/30/2024 04/30/24 | For Sale | $3,200,000 | 0.0% | $1,085 / Sq Ft | |
| 03/04/2024 03/04/24 | For Sale | $3,200,000 | -- | $1,085 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
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 | $19,274 | $129,840 | $44,100 | $85,740 |
| 2024 | $19,274 | $138,120 | $44,100 | $94,020 |
| 2023 | $18,184 | $124,560 | $44,100 | $80,460 |
| 2022 | $17,106 | $125,340 | $44,100 | $81,240 |
| 2021 | $18,806 | $125,880 | $44,100 | $81,780 |
| 2020 | $17,942 | $156,540 | $44,100 | $112,440 |
| 2019 | $16,729 | $156,540 | $44,100 | $112,440 |
Source: Public Records
Agents Affiliated with this Home
-
John Ricco
-
N
Buyer's Agent in 2024
Non Member
NonMember
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10990499
APN: 05994-0009
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.
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