NOT LISTED FOR SALE

7208 3rd Ave Bayridge, NY 11209

Bay Ridge Neighborhood

Estimated Value: $2,032,906

Studio
-- Bath
3,300 Sq Ft
$616/Sq Ft Est. Value

Sale Details

Date Sold: December 11, 2024

Last sale price $1,880,000 $570 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $11,986 / mo

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • Back Yard
  • P.S. 102 The Bayview School Rated A
  • Masonry wall

About This Home

As of December 2024

Great investment opportunity located in Prime Bay Ridge, mixed use commercial building with nail salon on first floor. Two apartments on second and third floor, both apartments have 4 bedrooms, heat and hot water are separated. Welcome to all investors, please inquire for additional information.

Last Agent to Sell the Property

Anna Fan

E House Realty & Mgt. Inc. Listed on: 03/06/2024

Last Buyer's Agent

Phoebe Burger

Ben Bay Realty Co

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $11,090

Year Built

  • Built in 1932

Lot Details

  • 2,050 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Masonry wall
  • Back Yard
  • Property is zoned R6B

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 3,300 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 5907

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $3,000
  • Utility Expense $50
  • Gross Income $8,720

Property Details

Property Type

Other

Est. Annual Taxes

$11,090

Year Built

Built in 1932

Lot Details

2,050 Sq Ft Lot

Listing Details

  • Basement Amenities: Full
  • Borough: Brooklyn
  • Building Length: 55.00
  • Building Width: 20.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Heated, Kitchen, Living Space Available
  • Confirmed By M L S Y N: Yes
  • Cross Street: 72nd St
  • Cross Street Name2: 73rd St
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 3300
  • Building Stories: 3
  • Street Name I D X: 3rd
  • Year Built: 1932
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2050
  • Walls: Masonry

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Slab Concrete
  • Lot Number: 41
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: Other
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R6B

Rental Info

  • Rent Income: 8470

Multi Family

  • Annual Gross Income: 8720
  • Insurance Expense: 3000.00
  • Unit Count: 2
  • Annual Utility Expenses: 50.00

Tax Info

  • Flip Tax Amount: 11090.00

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
Mar 6, 2024
Closed on
Dec 11, 2024
Sold by
Bought by
Seller's Agent
Anna Fan
E House Realty & Mgt. Inc.
Buyer's Agent
Phoebe Burger
Ben Bay Realty Co
List Price
$1,980,000
Sold Price
$1,880,000
Premium/Discount to List
-$100,000
-5.05%
Views
16
Current Estimated Value
$2,032,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,906
Avg. Annual Appreciation
5.24%
Original Mortgage
$1,100,000
Outstanding Balance
$1,084,280
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$948,626

Purchase Details

Closed on
Jul 14, 2016
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
$575,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 25, 2006
Sold by
Bought by

Purchase Details

Closed on
Jul 26, 2002
Sold by
Bought by
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
$1,880,000 --
$1,880,000 --
$1,400,000 --
$1,400,000 --
$1,400,000 --
$750,000 --
$750,000 --
-- --
-- --
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 $1,100,000
Closed $1,100,000
Previous Owner $575,000
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
12/11/2024 12/11/24 Sold $1,880,000 -5.1% $570 / Sq Ft
03/06/2024 03/06/24 Pending -- -- --
03/06/2024 03/06/24 For Sale $1,980,000 -- $600 / Sq Ft
Source: Brooklyn Board of REALTORS®

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 $12,323 $82,620 $20,760 $61,860
2025 $11,625 $76,620 $20,760 $55,860
2024 $11,625 $77,520 $20,760 $56,760
2023 $11,090 $80,220 $20,760 $59,460
2022 $10,780 $77,460 $20,760 $56,700
2021 $11,364 $72,960 $20,760 $52,200
2020 $5,349 $92,520 $20,760 $71,760
2019 $10,090 $92,520 $20,760 $71,760
2018 $9,276 $45,504 $11,294 $34,210
2017 $9,173 $45,000 $11,977 $33,023
2016 $8,996 $45,000 $14,377 $30,623
2015 $5,120 $42,606 $16,200 $26,406
2014 $5,120 $40,195 $18,347 $21,848
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Anna Fan

    E House Realty & Mgt. Inc.

    (646) 826-9886

    1 in this area

    5 Total Sales

    Anna Fan
    Section Image
  • Phoebe Burger

    Buyer's Agent in 2024

    Phoebe Burger

    Ben Bay Realty Co

    (917) 385-1719

    10 in this area

    117 Total Sales

    Phoebe Burger
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 480355

Brooklyn Board of REALTORS®

APN: 05907-0041

New York Kings County Brooklyn 11209 Bay Ridge

7208 3rd Ave, Brooklyn, NY

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Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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