NOT LISTED FOR SALE

Estimated Value: $1,742,921

-- Bed
-- Bath
1,440 Sq Ft
$1,210/Sq Ft Est. Value

Last Sold January 01, 2022

Last sale price $1,640,000 $1,139 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $10,005/month

Highlights

  • Wood Flooring
  • 3-minute walk to 77 Street (R Line)
  • Back Yard
  • P.S. 102 The Bayview School Rated A
  • Hot Water Heating System

About This Home

As of January 2022

THIS MIXED USE PROPERTY IS LOCATED IN PRIME BAY RIDGE AND REPRESENTS AN EXCELLENT INVESTMENT OR OWNER-OPERATOR OPPORTUNITY. THE PROPERTY FEATURES APPROXIMATELY 1000 SF OF VACANT GROUND FLOOR SPACE, PLUS A BACKYARD AND A FULL BASEMENT, AS WELL AS TWO 3 BEDROOM MODERN APARTMENTS. THE PROPERTY IS IN VERY GOOD CONDITION AND IS CENTRALLY, CONVENIENTLY LOCATED IN BAY RIDGE NEAR NUMEROUS POPULAR NEIGHBORHOOD FIXTURES. THE PROPERTY ALSO FEATURES GAS HEAT. THE COMMERCIAL SPACE HAS A SEPARATE GAS BOILER, AND A NEW ROOF WITH GUARANTEE . OWNER FINANCING IS AVAILABLE.

Last Agent to Sell the Property

Louise Riso

Coldwell Banker Reliable R E Listed on: 06/18/2021

Coldwell Banker Reliable R E

Last Buyer's Agent

Louise Riso

Coldwell Banker Reliable R E Listed on: 06/18/2021

Coldwell Banker Reliable R E

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $10,051

Year Built

  • Built in 1930

Lot Details

  • 990 Sq Ft Lot
  • Lot Dimensions are 18 x 80
  • Back Yard
  • Property is zoned R6B

Home Design

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

Interior Spaces

  • 1,440 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • 220 Volts
  • 110 Volts
  • Gas Water Heater

Community Details

  • 2 Units
  • Fuel Expense $12,079

Listing and Financial Details

  • Tax Block 5949

Property Details

Property Type

Other

Est. Annual Taxes

$10,051

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Basement Amenities: Full, Unfinished
  • Borough: Brooklyn
  • Commercial Condo Y N: No
  • Commercial Features Exterior: None
  • Commercial Features Interior: None
  • Confirmed By M L S Y N: Yes
  • Cross Street: 76th Street
  • Cross Street Name2: 77th Street
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 1440
  • Building Stories: 3
  • Street Name I D X: 3rd
  • Waterfront Present: No
  • Year Built: 1930
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Hardwood
  • Lot Sq Ft: 990

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 43
  • Roof: Flat

Utilities

  • Electric: 110 V, 220 V, Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 12079.00

Lot Info

  • Lot Dimensions: 18 x 80
  • Lot Size Irregular: No
  • Lot Size Length: 80
  • Lot Size Width: 18
  • Zoning: R6B

Tax Info

  • Flip Tax Amount: 10051.00

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Dec 29, 2021
Sold by
7608 3Rd Ave Llc
Bought by
7608 3Rd Ave Realty Llc
Seller's Agent
Louise Riso
Coldwell Banker Reliable R E
Buyer's Agent
Louise Riso
Coldwell Banker Reliable R E
Sold Price
$1,640,000
Current Estimated Value
$1,742,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,921
Avg. Annual Appreciation
1.53%
Original Mortgage
$1,040,000
Outstanding Balance
$954,690
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$788,231

Purchase Details

Closed on
Jul 1, 2005
Sold by
Riso Louise A and Riso Peter A
Bought by
7608 3Rd Ave Llc

Purchase Details

Closed on
Feb 3, 1995
Sold by
Grammatikopolous Athena
Bought by
Riso Peter A and Riso Louise A
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
7608 3Rd Ave Realty Llc $1,640,000 --
7608 3Rd Ave Realty Llc $1,640,000 --
7608 3Rd Ave Realty Llc $1,640,000 --
7608 3Rd Ave Llc -- --
7608 3Rd Ave Llc -- --
Riso Peter A $300,000 First American Title Ins Co
Riso Peter A $300,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 7608 3Rd Ave Realty Llc $1,040,000
Closed 7608 3Rd Ave Realty Llc $1,040,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/01/2022 01/01/22 Sold $1,640,000 -- $1,139 / Sq Ft
06/18/2021 06/18/21 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $10,798 $96,120 $19,200 $76,920
2024 $10,798 $93,240 $19,200 $74,040
2023 $10,300 $90,180 $19,200 $70,980
2022 $10,004 $75,660 $19,200 $56,460
2021 $10,546 $69,900 $19,200 $50,700
2020 $4,968 $72,420 $19,200 $53,220
2019 $9,372 $73,200 $19,200 $54,000
2018 $8,616 $42,264 $11,589 $30,675
2017 $8,513 $41,760 $12,282 $29,478
2016 $8,348 $41,760 $14,733 $27,027
2015 $4,532 $39,572 $14,986 $24,586
2014 $4,532 $37,333 $16,969 $20,364
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 452128

Brooklyn Board of REALTORS®

APN: 05949-0043