NOT LISTED FOR SALE

Estimated Value: $1,544,163

6 Beds
5 Baths
-- Sq Ft
1925 Built

Sale Details

Date Sold: October 28, 2016

Last sale price $1,480,000 $0 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $9,178 / mo

111 Days on Market

About This Home

As of October 2016

Magnificent multi residential brick home located in Bay Ridge. Renovated four years ago featuring stainless steel appliances and great chef's open kitchen.First floor consists of three bedrooms, one full bath and a half bath. Living space and kitchen is open and alcove dining area. Natural sunlight beams through the windows. Ample closet space. Second floor consists of 3 bedrooms, home office and 2 full baths. Master bedroom has an en suite bath. Open kitchen with ample sunlight. Each floor is approximately 1200 sq ft. Building is approximately 20 ft x 60 ft. Lot is approx. 24 ft x 100 ft. Fully renovated and finished basement with separate entrances from both front and back of the house. Storage space and laundry room. Conveniently located by R train line and MTA/express buses. Garage parking and driveway. Located by trendy restaurants, bars, cafes, parks, pier, and more! This is a gem in Bay Ridge.

Last Agent to Sell the Property

Jack Chiu

Douglas Elliman Real Estate License #10301212120 Listed on: 06/02/2016

Douglas Elliman Real Estate
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Additional Features

  • 3-Story Property
  • Garden
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Bay Ridge Subdivision

Listing and Financial Details

  • Tax Block 5888

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Listing Details

  • Cross Street: 71st and Colonial Rd
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Bay Ridge
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Integer: 5
  • Bedrooms: 6

Exterior Features

  • Exterior Features: Garden

Utilities

  • Heating: Building Natural Gas

Building Info

  • Units: 2
  • Total Stories: 3
  • Year Built: 1925

Tax Info

  • Tax Block: 5888

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
Jun 2, 2016
Closed on
Oct 26, 2016
Sold by
Bought by
Seller's Agent
Jack Chiu
Douglas Elliman Real Estate
List Price
$1,480,000
Sold Price
$1,480,000
Current Estimated Value
$1,544,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,163
Avg. Annual Appreciation
0.44%
Original Mortgage
$1,035,300
Outstanding Balance
$808,537
Interest Rate
3.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$735,626

Purchase Details

Closed on
Feb 15, 2011
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
$533,850
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$1,479,000 --
$712,000 --
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 $1,035,300
Previous Owner $6,389
Previous Owner $533,850
Closed $300,000
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
10/28/2016 10/28/16 Sold $1,480,000 0.0% --
09/28/2016 09/28/16 Pending -- -- --
06/08/2016 06/08/16 For Sale $1,480,000 -- --
Source: Real Estate Board of New York (REBNY)

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 $11,808 $88,080 $13,260 $74,820
2025 $11,140 $75,720 $13,260 $62,460
2024 $11,140 $75,600 $13,260 $62,340
2023 $8,206 $89,160 $13,260 $75,900
2022 $9,855 $89,520 $13,260 $76,260
2021 $10,389 $71,520 $13,260 $58,260
2020 $5,125 $74,340 $13,260 $61,080
2019 $9,669 $74,340 $13,260 $61,080
2018 $8,889 $43,605 $6,348 $37,257
2017 $8,386 $41,138 $8,280 $32,858
2016 $8,224 $41,138 $9,421 $31,717
2015 $4,461 $40,827 $12,243 $28,584
2014 $4,461 $38,517 $13,857 $24,660
Source: Public Records

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10100774

Real Estate Board of New York (REBNY)

APN: 05888-0036

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