NOT LISTED FOR SALE

7905 5th Ave Brooklyn, NY 11209

Bay Ridge Neighborhood

Estimated Value: $1,571,727

Studio
-- Bath
3,135 Sq Ft
$501/Sq Ft Est. Value

Last Sold March 23, 2023

Last sale price $1,500,000 $478 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $9,094/month

Highlights

  • Wood Flooring
  • Junior High School 259 William McKinley Rated A
  • Hot Water Heating System

About This Home

As of March 2023

Prime Bay Ridge Brooklyn - 2 Family + Store on an Irregular Lot 22.67 x 109.33 at it's furthest points, Building Size 19 x 55,
No Leases, Needs TLC, Newer Boiler, Priced to Sell Quickly. Present all offers!!

Last Agent to Sell the Property

Charles Fabbella

Ben Bay Realty Co of Bay Ridge Listed on: 01/07/2023

Last Buyer's Agent

Charles Fabbella

Ben Bay Realty Co of Bay Ridge Listed on: 01/07/2023

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $9,871

Year Built

  • Built in 1920

Lot Details

  • 2,479 Sq Ft Lot
  • Lot Dimensions are 109 x 22
  • Irregular Lot
  • Property is zoned R6b

Parking

  • On-Street Parking

Home Design

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

Interior Spaces

  • 3,135 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
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 5981

Property Details

Property Type

Other

Est. Annual Taxes

$9,871

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Basement Amenities: Full, Unfinished
  • Borough: Brooklyn
  • Building Length: 55.00
  • Building Width: 19.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: None
  • Commercial Features Interior: None
  • Confirmed By M L S Y N: Yes
  • Cross Street: 79th Street
  • Cross Street Name2: 80th Street
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 3135
  • Building Stories: 3
  • Street Name I D X: 5th
  • Year Built: 1920
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Hardwood
  • Lot Sq Ft: 2479

Exterior Features

  • Yard: None
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 10
  • Roof: Flat

Utilities

  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: Yes
  • Lot Size Length: 109
  • Lot Size Width: 22
  • Zoning: R6b

Tax Info

  • Flip Tax Amount: 9871.00

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2023
Closed on
Mar 23, 2023
Sold by
Estate Of Yvonne Papacostopoulos
Bought by
7905 Inc
Seller's Agent
Charles Fabbella
Ben Bay Realty Co of Bay Ridge
Buyer's Agent
Charles Fabbella
Ben Bay Realty Co of Bay Ridge
List Price
$1,549,000
Sold Price
$1,500,000
Premium/Discount to List
-$49,000
-3.16%
Current Estimated Value
$1,571,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,727
Avg. Annual Appreciation
3.29%
Original Mortgage
$1,050,000
Outstanding Balance
$1,019,170
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$624,266
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
7905 Inc $1,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 7905 Inc $1,050,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2023 03/23/23 Sold $1,500,000 -3.2% $478 / Sq Ft
01/07/2023 01/07/23 Pending -- -- --
01/07/2023 01/07/23 For Sale $1,549,000 -- $494 / Sq Ft
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 $10,506 $101,040 $19,200 $81,840
2024 $10,506 $96,720 $19,200 $77,520
2023 $10,042 $97,740 $19,200 $78,540
2022 $9,871 $81,120 $19,200 $61,920
2021 $10,308 $74,280 $19,200 $55,080
2019 $9,119 $61,800 $19,200 $42,600
2018 $9,543 $41,205 $13,441 $27,764
2017 $8,400 $41,205 $14,410 $26,795
2016 $8,160 $40,816 $15,774 $25,042
2015 $4,469 $38,506 $16,651 $21,855
2014 $4,469 $36,327 $16,512 $19,815
Source: Public Records

Agents Affiliated with this Home

  • Charles Fabbella

    Seller's Agent in 2023

    Charles Fabbella

    Ben Bay Realty Co of Bay Ridge

    (917) 453-0053

    24 in this area

    111 Total Sales

    Charles Fabbella
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 470960

Brooklyn Board of REALTORS®

APN: 05981-0010

New York Kings County Brooklyn 11209 Bay Ridge

7905 5th Ave, Brooklyn, NY

Not Listed for Sale

Other

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