NOT LISTED FOR SALE

Estimated Value: $1,324,000 - $1,596,826

3 Beds
1.5 Baths
2,160 Sq Ft
$679/Sq Ft Est. Value

Last Sold October 29, 2020

Last sale price $1,200,000 $556 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $9,098/month

44 Days on Market

Highlights

  • Separate Formal Living Room
  • Formal Dining Room
  • 1 Car Attached Garage
  • P.S. 102 The Bayview School Rated A
  • Balcony
  • 2-minute walk to Narrows Botanical Garden

About This Home

As of October 2020

Welcome to your stunning waterfront home! This legal 2 family, brick, end-unit home offers spectacular views of the Verrazzano and NY Harbor, over 2,000 sq.ft. of living space, and is just minutes away from NYC Express buses, trains, beautiful parks, and all the shops and restaurants that Bay Ridge has to offer. Enter the main unit for a formal LR, KIT, 1/2 bath, and large DR. Upstairs you'll find 3 BRs and 1 full bath. For your outdoor enjoyment, relax on the large front terrace that can fit a large patio set and take in the view or enjoy the spacious rear and side yard or rear balcony, that are perfect for entertainment. Say goodbye to looking for a parking spot! This home offers a built-in garage and private driveway, which can also be rented for additional income. The first floor unit features a separate entrance leading to a 1 bedroom apartment with 1 full bathroom, living room, and an eat-in kitchen. This apartment can currently be rented for up to $1700/month. This rare opportunity to own a legal two family home on desirable Shore Road won't last long!

Last Agent to Sell the Property

Eric Shehab

DiTommaso Real Estate License #10401270092 Listed on: 06/29/2020

Last Buyer's Agent

Eric Shehab

DiTommaso Real Estate License #10401270092 Listed on: 06/29/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,732

Year Built

  • Built in 1925

Lot Details

  • 2,972 Sq Ft Lot
  • Lot Dimensions are 36.58x81.25
  • Back and Side Yard

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Aluminum Siding

Interior Spaces

  • 2,160 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Separate Formal Living Room
  • Formal Dining Room
  • Washer

Kitchen

  • Eat-In Kitchen
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • 110 Volts

Listing and Financial Details

  • Legal Lot and Block 0021 / 05904
  • Assessor Parcel Number 05904-0021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,732

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Two Family - Attached
  • Prop. Type: Residential
  • Lot Size Acres: 0.07
  • Lot Size: 36.58x81.25
  • Modification Timestamp: 2024-09-22
  • Directions: GPS To 7223 Shore Road
  • Architectural Style: Other
  • Garage Yn: Yes
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Approx
  • Year Built: 1925
  • General Property Info:Style2: Other
  • General Property Info:Half Baths: 1
  • General Property Info:Public Remarks3: Welcome to your stunning waterfront home! This legal 2 family, brick, end-unit home offers spectacular views of the Verrazzano and NY Harbor, over 2,000 sq.ft. of living space, and is just minutes away from NYC Express buses, trains, beautiful parks, and all the shops and restaurants that Bay Ridge has to offer. Enter the main unit for a formal LR, KIT, 1/2 bath, and large DR. Upstairs you'll find 3 BRs and 1 full bath. For your outdoor enjoyment, relax on the large front terrace that can fit a large patio set and take in the view or enjoy the spacious rear and side yard or rear balcony, that are perfect for entertainment. Say goodbye to looking for a parking spot! This home offers a built-in garage and private driveway, which can also be rented for additional income.
  • ContractLocation Information:List PriceSqFt2: 613.43
  • General Property Info:Tax Abated: No
  • General Property Info:Year Built Description: Approx
  • General Property Info:Condition: Good
  • General Property Info:Apartment Desc: One bedroom rental with potential rent roll of $1700/month, this home is a must see!
  • Appliances Refrigerators: Yes
  • General Property Info:Year Renovations: 2010.0
  • Washers: Yes
  • General Property Info Bldg Dimensions: 20x39
  • General Property Info Handicap Access: No
  • Special Features: None
  • Stories: 2
  • Year Built: 1925

Interior Features

  • Appliances: Dishwasher, Freezer, Refrigerator, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Ceiling Fan
  • General Property Info:Stories2: 2.0
  • General Property Info:Total Rooms Main Unit: 6
  • General Property Info:Basement Type: Full
  • Kitchen:Eat In: Yes
  • Main Bath:Full Bath: Yes
  • Appliances Dishwasher: Yes
  • Dining Room:Formal: Yes
  • Interior:Ceiling Fan: Yes
  • Living Room:Formal2: Yes
  • Appliances:Freezer: Yes
  • Primary Bedroom:Shared Bath: Yes
  • General Property Info Basement Desc: Legal Apt.

Exterior Features

  • Lot Features: Back, Side
  • Construction Type: Aluminum Siding
  • Exterior Features: Balcony, Patio
  • General Property Info:Waterview: Yes
  • Yard:Back: Yes
  • Yard:Side: Yes
  • Exterior:Balcony: Yes
  • Exterior:Patio: Yes
  • Siding:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Off Street
  • General Property Info:Garage Location: Built-in
  • Parking:Off Street: Yes
  • Garage Location:Built-in: Yes

Utilities

  • Heating: Hot Water, Natural Gas
  • Heating Yn: Yes
  • Electric: 110
  • Sewer: City
  • General Property Info:No of Heating Units: 2.0
  • General Property Info:Air Conditioner: None
  • Sewer:City3: Yes
  • Heat Source:Gas2: Yes
  • Heat System:Hot Water2: Yes
  • Electric:_one_10: Yes
  • General Property Info Cooling: No

Lot Info

  • Lot Size Sq Ft: 2972.0
  • Lot Size Units: Square Feet
  • Parcel #: 05904-0021
  • Zoning: R5B
  • ResoLotSizeUnits: SquareFeet
  • General Property Info:Lot Size SqFt: 2972.0
  • General Property Info:Lot Dim: 36.58x81.25

Rental Info

  • General Property Info Main Unit Lease: No

Tax Info

  • Tax Annual Amount: 10732.0
  • Tax Block: 05904
  • Tax Lot: 0021
  • General Property Info:Taxes2: 10732.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2020
Closed on
Oct 28, 2020
Sold by
Shehab Maryann
Bought by
Goh John and Liao Daisy
Seller's Agent
Eric Shehab
DiTommaso Real Estate
Buyer's Agent
Eric Shehab
DiTommaso Real Estate
List Price
$1,750,000
Sold Price
$1,200,000
Premium/Discount to List
-$550,000
-31.43%
Current Estimated Value
$1,465,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,957
Avg. Annual Appreciation
4.57%
Original Mortgage
$960,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 2019
Sold by
Shehab Maryann
Bought by
Eric Joseph Shehab As Trustee and Maryann Shehab Trust

Purchase Details

Closed on
Aug 13, 2009
Sold by
Maryann Shehab As Trustee
Bought by
Shehab Maryann
Source: Public Records

Range of Values:

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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
Goh John $1,200,000 --
Eric Joseph Shehab As Trustee -- --
Shehab Maryann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Goh John $960,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2020 10/29/20 Sold $1,200,000 -31.4% $556 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
06/29/2020 06/29/20 For Sale $1,750,000 -- $810 / Sq Ft
Source: Staten Island Multiple Listing Service

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 $13,332 $93,960 $21,600 $72,360
2024 $13,332 $89,100 $21,600 $67,500
2023 $12,794 $81,720 $21,600 $60,120
2022 $12,497 $73,140 $21,600 $51,540
2021 $12,110 $65,700 $21,600 $44,100
2020 $5,531 $72,120 $21,600 $50,520
2019 $10,439 $72,120 $21,600 $50,520
2018 $9,586 $48,487 $12,310 $36,177
2017 $9,517 $48,156 $14,817 $33,339
2016 $9,276 $47,952 $16,551 $31,401
2015 $5,259 $45,238 $17,671 $27,567
2014 $5,259 $42,752 $18,959 $23,793
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Staten Island Multiple Listing Service

MLS Number: 1135567

Staten Island Multiple Listing Service

APN: 05904-0021