
7012 3rd Ave New York City, NY 11209
Bay Ridge NeighborhoodEstimated Value: $2,024,900
About This Home
As of November 2019Take a hard look at this tremendous investment opportunity in heart of Bay Ridge.
Three stories of prime foot traffic on the corner of Third and Ovington Avenues. Each floor is 1200 square feet with a large utility and storage basement and a backyard larger than 800 square feet.
The building has a five minute walk to the Bay Ridge Avenue R train station and a much shorter walk to the B37, B9 and B64 bus lines. The top floor was recently renovated and the second floor is a blank canvas.
As Bay Ridge continues to sore thriving off of its eclectic food choice, local retail shopping and rising rent rolls, so to will this building's value and return on investment. With so few mixed owners willing to part with their prized 3rd Avenue cash cows, this is a rare and lucrative investment opportunity.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,938
Year Built
- 1900
Lot Details
- 2,004
Interior Spaces
- 3-Story Property
- Washer Dryer Allowed
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Community Details
- Bay Ridge Subdivision
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Nec Estates Corp | $1,803,000 | -- | |
Gurvas Antigone | -- | -- |
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Nec Estates Corp | $749,311 | |
Closed | Nec Estates Corp | $875,000 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
11/30/2019 11/30/19 | Sold | $1,850,000 | 0.0% | -- |
03/28/2019 03/28/19 | Pending | -- | -- | -- |
01/14/2019 01/14/19 | For Sale | $1,850,000 | -- | -- |
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 |
---|---|---|---|---|
2024 | $14,938 | $101,760 | $24,300 | $77,460 |
2023 | $14,323 | $94,860 | $24,300 | $70,560 |
2022 | $13,412 | $106,800 | $24,300 | $82,500 |
2021 | $13,416 | $103,620 | $24,300 | $79,320 |
2020 | $5,998 | $103,260 | $24,300 | $78,960 |
2019 | $11,846 | $103,260 | $24,300 | $78,960 |
2018 | $10,890 | $53,424 | $15,088 | $38,336 |
2017 | $10,323 | $50,640 | $15,340 | $35,300 |
2016 | $9,550 | $47,774 | $17,368 | $30,406 |
2015 | $5,762 | $47,774 | $19,465 | $28,309 |
2014 | $5,762 | $47,191 | $21,571 | $25,620 |
Agents Affiliated with this Home
-
Seller's Agent in 2019
Kitt Bua
Corcoran Group
(631) 902-9210
7 Total Sales
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10604936

APN: 05886-0040
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