NOT LISTED FOR SALE

Estimated Value: $1,333,000 - $1,829,556

3 Beds
1 Bath
2,959 Sq Ft
$515/Sq Ft Est. Value

Sale Details

Date Sold: October 16, 2023

Last sale price $1,338,000 $452 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $9,162 / mo

104 Days on Market

Highlights

  • Pre War Building
  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • P.S. 102 The Bayview School Rated A
  • Laundry Facilities
  • 3-minute walk to Narrows Botanical Garden

About This Home

As of October 2023

We welcome you to this spectacular 2 family, 3 level brick home complete with a 2-car garage with room to park an additional car in front of the garage. Enjoy gardening or create your own landscaped oasis, further enhancing your home's curb appeal with its full front garden. There is a private entrance to the 1st floor apartment, where you will be greeted by a west facing, bright & sunny porch. A spacious living room leads to your windowed formal dining room accented with gorgeous parquet flooring. The kitchen, with tile flooring, has a full-size window and separate dining area featuring a tiffany hanging light, is equipped with abundant wood cabinetry and countertops, providing for sufficient storage for all your cooking essentials and meal preparation. You will find a hall closet situated outside the fully tiled, windowed bathroom equipped with a specialty step-in seated bathtub, with plenty of room for storage with an under-sink vanity, lit mirrored overhead vanity and floor-to-ceiling storage cabinet. The large primary bedroom is equipped with wall-to-wall built-in wood closets. The 2nd bedroom also comes equipped with a closet.

Spacious, six room top floor apartment is accessible through its own private entrance. Beautiful parquet flooring throughout. The spacious kitchen features dual crank windows and has abundant wood cabinetry. There is a large formal dining room equipped with a large window alongside a spacious bright and sunny living room featuring a cherry wood ceiling fan. The front third bedroom is equipped with its own closet. Hall closet is located off the full bathroom equipped with a bathtub and window. Spacious primary bedroom features dual closets. The second bedroom is also equipped with its own closet.
The entire house has been freshly painted. The semi-finished tiled floor basement has a kitchenette and full bathroom. There is a laundry room off the utility room that leads to the 2-car built-in garage. The basement has three access points from the garage, a side door that leads to the walkway that leads to the community drive and a door giving access to the front of the home. There are numerous closets throughout providing for abundant storage.

This home is conveniently located near Owl's Head Park, right off the Shore Road Promenade where you can enjoy spectacular sunsets. In proximity you will find plenty of shopping, specialty boutiques, multi-cultural restaurants, along with all the other amenities this vibrant Bay Ridge community has to offer. Conveniently located to all means of public transportation including NYC Ferry, express bus to NYC, 'R' train & entrance to Belt Parkway & BQE, all within several blocks. Entrance to the Verrazano Bridge is a short distance away. We invite you to come tour this spacious 2 family home with endless possibilities to create the home of your dreams.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 20.0 x 100.0

Home Design

  • Pre War Building

Interior Spaces

  • 2,959 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Bay Ridge Subdivision
  • Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 5 / 5888

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

2,000 Acres

Listing Details

  • Cross Street: 72nd Street/71st Street
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Bay Ridge
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Living Area: 2959.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 3

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area
  • Cooling: Building Cooling, Window Unit(s)
  • Heating: Building Natural Gas, Natural Gas
  • Heating: Yes

Lot Info

  • Lot Size Dimensions: 20.0 x 100.0

Building Info

  • Total Stories: 3
  • Year Built: 1925

Tax Info

  • Tax Block: 5888
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
Oct 16, 2023
Sold by
Charles Capetanakis Co-Executor and Estate Of Emmanuel Morley
Bought by
Chen Kevin and Chen Xue Yi
List Price
$1,388,000
Sold Price
$1,338,000
Premium/Discount to List
-$50,000
-3.6%
Views
313
Current Estimated Value
$1,524,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,389
Avg. Annual Appreciation
5.21%
Original Mortgage
$929,000
Outstanding Balance
$904,661
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$619,728

Purchase Details

Closed on
Dec 14, 1994
Sold by
Morley Anthony and Morley Aphrodite
Bought by
Morley Aphrodite
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
Chen Kevin $1,338,000 --
Chen Kevin $1,338,000 --
Chen Kevin $1,338,000 --
Morley Aphrodite -- Chicago Title Insurance Co
Morley Aphrodite -- Chicago Title Insurance Co
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 Chen Kevin $929,000
Closed Chen Kevin $929,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2023 10/16/23 Sold $1,338,000 -3.6% $452 / Sq Ft
08/11/2023 08/11/23 Pending -- -- --
08/11/2023 08/11/23 For Sale $1,388,000 0.0% $469 / Sq Ft
08/10/2023 08/10/23 Pending -- -- --
07/15/2023 07/15/23 Price Changed $1,388,000 -4.1% $469 / Sq Ft
05/12/2023 05/12/23 Price Changed $1,448,000 -3.5% $489 / Sq Ft
04/28/2023 04/28/23 For Sale $1,500,000 -- $507 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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
2026 $12,285 $83,640 $14,100 $69,540
2025 $11,589 $82,740 $14,100 $68,640
2024 $11,589 $88,140 $14,100 $74,040
2023 $9,812 $96,780 $14,100 $82,680
2022 $8,496 $80,940 $14,100 $66,840
2021 $9,543 $88,800 $14,100 $74,700
2019 $8,797 $72,720 $14,100 $58,620
2018 $8,001 $45,363 $6,895 $38,468
2017 $7,726 $42,798 $8,784 $34,014
2016 $3,481 $42,798 $10,347 $32,451
2015 $1,893 $42,475 $11,806 $30,669
2014 $1,893 $40,071 $13,357 $26,714
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10902244

Real Estate Board of New York (REBNY)

APN: 05888-0005

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