C
Seller's Agent in 2022
Christopher Tomasulo
RE/MAX
(718) 532-2000
1 in this area
15 Total Sales
7502 Colonial Rd Brooklyn, NY 11209
Bay Ridge NeighborhoodEstimated Value: $1,333,000 - $1,554,000
Studio
4
Baths
3,560
Sq Ft
$407/Sq Ft
Est. Value
Highlights
- Wood Flooring
- 2 Car Detached Garage
- Multiple cooling system units
- P.S. 102 The Bayview School Rated A
- Back, Front, and Side Yard
- Baseboard Heating
About This Home
As of August 2022Attention Doctors, Professionals, Investors and end users.This Gorgeous gem on Bay Ridge Parkway on Doctor’s Row in Bay Ridge
1 block from beautiful Shore Road. This meticulously kept brick house features a 3-story doctor's office for immediate occupancy. This building is oversized 20 wide by 62 long. This corner property is 23 1/2 wide 100’ long. This can be easily converted to either a single family or 2 family residence with a professional doctor's office already set up to do business immediately. Or kept as 3 level doctors' offices. Property and building were totally renovated and upgraded to accommodate this professional space. The office is currently used as an Obstetrician/GYN office. This location is a well-established location with immediate recognition. The property can be a fabulous residential space in the prime area of Shore Road. This property has unlimited possibilities for an end user or investor with all upgrades already performed to the property. Zoning can be changed to residential R3-1 or remain as doctors office. Building has multiple bathrooms, upgraded heating system, upgraded electrical system. Building has old world charm with original stain glass windows to add to the Bay Ridge charm and ambience. Windows are oversized with beautiful wood frames. Property is a must see! It won’t last long! This property also has a 2-car detached garage. This property is too good to be true. Property is priced to for the serious buyer, this is a tremendous opportunity to acquire prime bay ridge location. SELLER IS READY TO START HEARING BIDS, OFFERS & PROPOSALS... DON'T WAIT, DELAY OR MISS OUT ON THIS PROPERTY IN BAY RIDGE!
Last Agent to Sell the Property
RE/MAX Real Estate Professiona Listed on: 01/25/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $27,671
Year Built
- Built in 1905
Lot Details
- 2,317 Sq Ft Lot
- Lot Dimensions are 100 x 23
- Back, Front, and Side Yard
Home Design
- Brick Exterior Construction
- Poured Concrete
- Asphalt Roof
Interior Spaces
- 3,560 Sq Ft Home
- 2-Story Property
- Wood Flooring
- Finished Basement
- Basement Fills Entire Space Under The House
Parking
- 2 Car Detached Garage
- Private Driveway
Utilities
- Multiple cooling system units
- Central Air
- Baseboard Heating
- Heating System Uses Gas
- 220 Volts
- Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Tax Block 5937
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 25, 2022
Closed on
Aug 5, 2022
Sold by
Fiasconaro Gary J and Fiasconaro Santo
Bought by
Wonder 7502 Corp
Seller's Agent
Christopher Tomasulo
RE/MAX Real Estate Professiona
Sold Price
$990,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$458,928
Avg. Annual Appreciation
11.64%
Purchase Details
Closed on
May 25, 2007
Sold by
Fiasconaro & Fiasconaro Realty Corp
Bought by
Fiasconaro Gary and Fiasconaro Santo
Purchase Details
Closed on
Dec 29, 1997
Sold by
Fiasconaro Santo G
Bought by
Fiasconaro & Fiasconaro Realty Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$661,000
Interest Rate
6.85%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wonder 7502 Corp | $990,000 | -- | |
| Wonder 7502 Corp | $990,000 | -- | |
| Wonder 7502 Corp | $990,000 | -- | |
| Fiasconaro Gary | -- | -- | |
| Fiasconaro Gary | -- | -- | |
| Fiasconaro & Fiasconaro Realty Corp | $400,000 | -- | |
| Fiasconaro & Fiasconaro Realty Corp | $400,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Fiasconaro & Fiasconaro Realty Corp | $661,000 | |
| Closed | Fiasconaro Gary | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/05/2022 08/05/22 | Sold | $990,000 | -- | $278 / Sq Ft |
| 01/25/2022 01/25/22 | Pending | -- | -- | -- |
Source: Brooklyn Board of REALTORS®
Tax History Compared to Growth
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 | $10,388 | $54,120 | $27,780 | $26,340 |
| 2024 | $10,388 | $51,720 | $27,780 | $23,940 |
| 2023 | $33,037 | $369,450 | $62,550 | $306,900 |
| 2022 | $31,691 | $320,400 | $62,550 | $257,850 |
| 2021 | $27,671 | $258,750 | $62,550 | $196,200 |
| 2020 | $14,698 | $281,250 | $46,800 | $234,450 |
| 2019 | $26,306 | $281,250 | $46,800 | $234,450 |
| 2018 | $24,366 | $291,150 | $46,800 | $244,350 |
| 2017 | $21,972 | $236,250 | $46,800 | $189,450 |
| 2016 | $20,860 | $224,100 | $46,800 | $177,300 |
| 2015 | $13,328 | $218,250 | $46,800 | $171,450 |
| 2014 | $13,328 | $189,000 | $46,800 | $142,200 |
Source: Public Records
Agents Affiliated with this Home
-
Christopher Tomasulo
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 458533
APN: 05937-0038
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