NOT LISTED FOR SALE

Estimated Value: $2,024,900

6 Beds
3 Baths
-- Sq Ft
2,004 Sq Ft Lot

Last Sold November 30, 2019

Last sale price $1,850,000

Est. 9% increase in value since last sale

Current estimated payment $11,991/month

72 Days on Market

About This Home

As of November 2019

Take 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.

Last Listed By

Kitt Bua

Corcoran Group License #10401272295 Listed on: 01/14/2019

Corcoran Group

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,938

Year Built

1900

Lot Details

0

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Bay Ridge
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built (Public Record): 1900

Interior Features

  • Appliances: Washer Dryer Allowed
  • Rooms (Total): 12

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 6

Garage/Parking

  • Garage: No

Building Info

  • Units: 1
  • Total Stories: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2019
Sold by
Anagnostos William and % : Roger Greenberg Esq Lazzaro Law Firm Pc
Bought by
Nec Estates Corp
Total Days on Market
72
Current Estimated Value
$2,024,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 2011
Sold by
Antigone Gurvas Executor
Bought by
Gurvas Antigone
Source: Public Records

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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
Nec Estates Corp $1,803,000 --
Gurvas Antigone -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nec Estates Corp $749,311
Closed Nec Estates Corp $875,000
Source: Public Records

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 -- --
Source: Real Estate Board of New York (REBNY)

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
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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10604936

Real Estate Board of New York (REBNY)

APN: 05886-0040