NOT LISTED FOR SALE

Estimated Value: $1,429,587 - $1,742,000

4 Beds
2.5 Baths
2,408 Sq Ft
$652/Sq Ft Est. Value

Last Sold July 20, 2023

Last sale price $1,602,500 $665 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $9,122/month

213 Days on Market

Highlights

  • Pre War Building
  • Terrace
  • Intercom
  • P.S. 102 The Bayview School Rated A
  • Community Garden
  • Garage

About This Home

As of July 2023

SUNNY CORNER HOUSE WITH THREE PARKING SPOTS

Fall in love with this super sunny two family home with THREE PARKING SPOTS in beautiful tree lined Bay Ridge. This fully detached corner brick house is filled with light in every room through gorgeous new windows.

The top two floors are the perfect owner's duplex. On the first floor, a spacious living room opens to a formal dining room which flows to the kitchen. The kitchen was recently renovated with cherry cabinets and stainless steel appliances including a Sub-Zero refrigerator. This floor also includes a renovated half bath, side by side washer & dryer and terrace off the kitchen. Upstairs are three very generously sized bedrooms, lots of closets, and a large renovated bathroom with both a tub and shower.

Through a separate street level entrance is the charming and beautifully renovated one bedroom apartment. Both the kitchen and bathroom were renovated in all white for a clean and timeless look. The living room is large enough to accommodate a separate dining area, the bedroom is ample, and there is in-unit laundry. There is a lovely tenant in place until January 2023 with hopes to stay on with the new owner.

Easy access to Manhattan via subway, ferry, and express bus.

Note: Primary entrance is 125 72nd Street but tax bill lists 7124 Colonial Road.

Last Agent to Sell the Property

Laura Amin

Compass License #10301201611 Listed on: 10/12/2022

Compass

Co-Listed By

Michael Murphy

Compass License #10301218120

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 1,568

Parking

  • Garage

Home Design

  • Pre War Building

Interior Spaces

  • 2,408 Sq Ft Home
  • 3-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • Terrace
  • Lot Dimensions are 50.0 x 31.33
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 42 / 5888

Community Details

Overview

  • Bay Ridge Subdivision

Amenities

  • Community Garden
  • Building Terrace

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Cross Street: 71st Street/72nd 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

  • Equipment (Other): Intercom
  • Living Area: 2408.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 4

Exterior Features

  • Exterior Features: Building Garden
  • Patio/Porch Features: Building Terrace, Terrace

Garage/Parking

  • Garage: Yes

Utilities

  • Heating: Building Natural Gas, Natural Gas
  • Heating: Yes

Lot Info

  • Lot Size Dimensions: 50.0 x 31.33

Building Info

  • Total Stories: 3
  • Year Built: 1925

Tax Info

  • Tax Block: 5888
  • Tax Lot: 42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2022
Closed on
Jul 20, 2023
Sold by
Clair Syvertsen Trustee and Syvertsen Family Trust Dated July 9 202
Bought by
Ng Tak Cham and Ng Xiu He
Seller's Agent
Laura Amin
Compass
List Price
$1,595,000
Sold Price
$1,602,500
Premium/Discount to List
$7,500
0.47%
Views
181
Current Estimated Value
$1,574,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,574
Avg. Annual Appreciation
-0.79%

Purchase Details

Closed on
Jul 9, 2020
Sold by
Syvertsen Cecelia
Bought by
Clair Syvertsen Trustee and Syvertsen Family Trust
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

Date Buyer Sale Price Title Company
Ng Tak Cham $1,602,500 --
Clair Syvertsen Trustee -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2023 07/20/23 Sold $1,602,500 0.0% $665 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
05/13/2023 05/13/23 Off Market $1,602,500 -- --
05/01/2023 05/01/23 For Sale $1,595,000 -0.5% $662 / Sq Ft
04/29/2023 04/29/23 Off Market $1,602,500 -- --
02/23/2023 02/23/23 Price Changed $1,595,000 -3.3% $662 / Sq Ft
10/13/2022 10/13/22 For Sale $1,649,000 -- $685 / Sq Ft
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
2025 $10,646 $98,340 $14,880 $83,460
2024 $10,646 $103,200 $14,880 $88,320
2023 $10,156 $110,160 $14,880 $95,280
2022 $4,422 $101,280 $14,880 $86,400
2021 $9,615 $101,940 $14,880 $87,060
2019 $4,327 $77,040 $14,880 $62,160
2018 $8,197 $41,671 $7,549 $34,122
2017 $7,714 $39,314 $8,643 $30,671
2016 $7,536 $39,247 $10,708 $28,539
2015 $4,253 $39,016 $12,609 $26,407
2014 $4,253 $36,808 $13,125 $23,683
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10874395

Real Estate Board of New York (REBNY)

APN: 05888-0042