Seller's Agent in 2025
Siu Kit Wong
RE/MAX
(917) 575-8000
1 in this area
17 Total Sales
7601 5th Ave Brooklyn, NY 11209
Bay Ridge Neighborhood
Studio
--
Bath
4,152
Sq Ft
2,035
Sq Ft Lot Lot
Highlights
- Wood Flooring
- 4-minute walk to 77 Street (R Line)
- Heating System Uses Steam
- Junior High School 259 William McKinley Rated A
About This Home
As of April 2025Great investment opportunity in busy Bay Ridge location! Corner Brick building, 3 stores plus 2 family. Lot 21.42X95, Zoning R6B, C1-3. There are lot of storage space in basement. Ground floor, extra-large building size is 20X95, there are 3 stores. 2nd floor and 3 floor, the building size is 20X60. Semidetached building, there are lot of sunlight for 2 apartment and 3 stores, great view from this corner building. Close to R Train station, Bus stops, bar, restaurants, schools, shopping and much more...
Last Agent to Sell the Property
RE/MAX Real Estate Professionals License #40WO1160721 Listed on: 07/21/2023
Last Buyer's Agent
RE/MAX Real Estate Professionals License #40WO1160721 Listed on: 07/21/2023
Property Details
Property Type
- Other
Est. Annual Taxes
- $35,748
Year Built
- Built in 1931
Lot Details
- 2,035 Sq Ft Lot
- Lot Dimensions are 95 x 21
- Property is zoned R6B, C1-3
Parking
- On-Street Parking
Home Design
- Mixed Use
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 4,152 Sq Ft Home
- 3-Story Property
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Tile
Utilities
- Heating System Uses Steam
- Heating System Uses Oil
- 220 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 5952
Community Details
Overview
- 2 Units
Building Details
- Fuel Expense $5,000
- Insurance Expense $5,000
- Utility Expense $800
- Gross Income $157,740
- Net Operating Income $120,280
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 21, 2023
Closed on
Apr 16, 2025
Sold by
Bassett Iii Harry
Bought by
Li Jian
Seller's Agent
Siu Kit Wong
RE/MAX Real Estate Professionals
Buyer's Agent
Siu Kit Wong
RE/MAX Real Estate Professionals
List Price
$2,500,000
Sold Price
$1,680,000
Premium/Discount to List
-$820,000
-32.8%
Views
93
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| Li Jian | $1,680,000 | Federal Standard Abstract |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/16/2025 04/16/25 | Sold | $1,680,000 | -3.7% | $405 / Sq Ft |
| 02/17/2025 02/17/25 | Price Changed | $1,745,000 | -6.9% | $420 / Sq Ft |
| 02/06/2025 02/06/25 | Price Changed | $1,875,000 | +7.4% | $452 / Sq Ft |
| 02/06/2025 02/06/25 | Price Changed | $1,745,000 | -1.1% | $420 / Sq Ft |
| 02/05/2025 02/05/25 | Price Changed | $1,765,000 | +1.7% | $425 / Sq Ft |
| 02/05/2025 02/05/25 | Price Changed | $1,735,000 | -1.1% | $418 / Sq Ft |
| 02/05/2025 02/05/25 | Price Changed | $1,755,000 | -0.6% | $423 / Sq Ft |
| 02/04/2025 02/04/25 | Price Changed | $1,765,000 | -0.6% | $425 / Sq Ft |
| 01/30/2025 01/30/25 | Price Changed | $1,775,000 | -5.3% | $428 / Sq Ft |
| 01/08/2025 01/08/25 | Price Changed | $1,875,000 | -2.6% | $452 / Sq Ft |
| 01/02/2025 01/02/25 | Price Changed | $1,925,000 | -1.3% | $464 / Sq Ft |
| 12/09/2024 12/09/24 | Price Changed | $1,950,000 | -2.5% | $470 / Sq Ft |
| 10/22/2024 10/22/24 | Price Changed | $1,999,999 | -3.6% | $482 / Sq Ft |
| 06/17/2024 06/17/24 | Price Changed | $2,075,000 | -1.2% | $500 / Sq Ft |
| 06/06/2024 06/06/24 | Price Changed | $2,100,000 | -2.3% | $506 / Sq Ft |
| 05/29/2024 05/29/24 | Price Changed | $2,150,000 | -2.3% | $518 / Sq Ft |
| 10/26/2023 10/26/23 | Price Changed | $2,200,000 | -2.2% | $530 / Sq Ft |
| 10/05/2023 10/05/23 | Price Changed | $2,250,000 | -2.2% | $542 / Sq Ft |
| 08/25/2023 08/25/23 | Price Changed | $2,300,000 | -8.0% | $554 / Sq Ft |
| 07/21/2023 07/21/23 | For Sale | $2,500,000 | -- | $602 / Sq Ft |
| 07/20/2023 07/20/23 | Pending | -- | -- | -- |
Source: Brooklyn Board of REALTORS®
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 | $36,967 | $460,800 | $106,200 | $354,600 |
| 2025 | $35,748 | $393,750 | $106,200 | $287,550 |
| 2024 | $35,748 | $353,250 | $106,200 | $247,050 |
| 2023 | $30,217 | $327,600 | $106,200 | $221,400 |
| 2022 | $30,059 | $396,450 | $106,200 | $290,250 |
| 2021 | $27,906 | $466,650 | $106,200 | $360,450 |
| 2019 | $27,740 | $486,000 | $106,200 | $379,800 |
| 2018 | $27,095 | $203,661 | $53,404 | $150,257 |
| 2017 | $24,037 | $188,988 | $56,962 | $132,026 |
| 2016 | $22,560 | $174,990 | $55,959 | $119,031 |
| 2015 | $14,646 | $174,990 | $59,852 | $115,138 |
| 2014 | $14,646 | $169,195 | $63,888 | $105,307 |
Source: Public Records
Agents Affiliated with this Home
-
Siu Kit Wong
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 475650
APN: 05952-0010
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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