Charles Farraj
Responds Quickly
Weichert Realtors 1st Premier
(646) 971-1880
18 Total Sales
3 in Bay Ridge
$310K - $1.1M Price Range
8019 5th Ave Brooklyn, NY 11209
Bay Ridge NeighborhoodEstimated Value: $1,740,125
Studio
--
Baths
3,654
Sq Ft
$476/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Heating System Uses Steam
- 4-minute walk to Dan Ross Playground
- P.S. 127 McKinley Park Rated A
- Back Yard
About This Home
As of November 2024Excellent Mixed-Use Commercial Investment Opportunity in Prime Bay Ridge, Conveniently Situated Near 86th Street On 5th Avenue. Perfect For an End-User, This Property Features R6B Zoning, With Buildings Measuring 21 X 58 Over A 21.42 X 103.08 Lot.
The Building Consists of Two Residential Units and One Store with A Semi-Finished Basement. The Current Storefront Is Leased with Five Years Remaining on The Lease. The Store-Front Storefront Is Well-Positioned, Attracting Significant Foot Traffic. The Second and Third Floors Each Unit Has a Spacious Six-Rooms Apartment with Three Bedrooms and A Full Bath. Both Residential Units Are Currently on Month-To-Month with No Leases. The Property Is Strategically Located on The Bustling 5th Avenue, Offering Ample Exposure to Public Transportation and Pedestrians.
Situated Just A Few Blocks from The Subway Station Serving the R Line, And with Nearby Bus Lines B63, B1 & B16, The Location Is Highly Accessible. Great Zoned School PS. 127 Mckinley Park, And Jhs 201 The Dyker Heights. Other Amenities Include Quick and Easy Access to The Multitude of Establishments Along 5th Ave, Banks, Popular Restaurants, Dental Office, Supermarkets, With More Contribute to The Vibrant and Busy Atmosphere, Making It an Ideal Location for Various Businesses.
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Property Details
Property Type
- Other
Est. Annual Taxes
- $11,870
Year Built
- Built in 1931
Lot Details
- 2,208 Sq Ft Lot
- Lot Dimensions are 21.42x103.08
- Irregular Lot
- Back Yard
- Property is zoned R6B
Home Design
- Mixed Use
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 3,654 Sq Ft Home
- 3-Story Property
- Wood Flooring
- Partially Finished Basement
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
- 220 Volts
- 110 Volts
- Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Tax Block 5990
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 1, 2024
Closed on
Nov 7, 2024
Sold by
8019 5Th Avenue Llc
Bought by
Seller's Agent
Ping Chen
RE/MAX Edge
Buyer's Agent
Dan Dong
RE/MAX Edge
List Price
$1,690,000
Sold Price
$1,630,000
Premium/Discount to List
-$60,000
-3.55%
Views
17
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
$110,125
Avg. Annual Appreciation
3.70%
Original Mortgage
$910,000
Outstanding Balance
$892,083
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$848,042
Purchase Details
Closed on
Nov 19, 2018
Sold by
Meni Realty Corp
Bought by
8019 5Th Avenue Llc
Purchase Details
Closed on
Dec 11, 2013
Sold by
Eliopoulos Meni
Bought by
Meni Realty Corp
Purchase Details
Closed on
May 15, 2013
Sold by
Estate Of Eva Eliopoulos
Bought by
Eliopoulos Meni
Purchase Details
Closed on
Jul 16, 2009
Sold by
Eliopoulos George
Bought by
Eliopoulos Eva
Purchase Details
Closed on
Feb 20, 2008
Sold by
Roumbakis Evangelos and Roumbakis Konstantinos
Bought by
Eliopoulos Eva and Eliopoulos George
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Bay Ridge, NY
-
Charles Farraj
-
Isabel Zhen
Isabel Zhen
Responds QuicklyKing Zone Realty Inc
(646) 518-2904
12 Total Sales
1 in Bay Ridge
$1,150,000 Price
-
Irene Sopasoudakis
Irene Sopasoudakis
Compass Greater New York, LLC
(855) 568-1085
1 Total Sale
1 in Bay Ridge
$2,100,000 Price
-
Joseph DeVito
Joseph DeVito
BHHS Fillmore R.E.
(877) 719-3170
42 Total Sales
1 in Bay Ridge
$702,800 Price
-
Danielle Jabour
Danielle Jabour
Jabour Realty Company
(551) 267-7250
83 Total Sales
30 in Bay Ridge
$340K - $4.1M Price Range
-
Alex Gandelman
Alex Gandelman
Serhant
(718) 304-0293
35 Total Sales
1 in Bay Ridge
$1,799,000 Price
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 |
|---|---|---|---|
| $1,630,000 | -- | ||
| 8019 5Th Avenue Llc | -- | -- | |
| Meni Realty Corp | -- | -- | |
| Eliopoulos Meni | -- | -- | |
| Eliopoulos Eva | -- | -- | |
| Eliopoulos Eva | $800,000 | -- |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | -- | $910,000 |
Source: Public Records
Property 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 | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/14/2024 11/14/24 | Sold | $1,630,000 | -3.6% | $446 / Sq Ft |
| 02/01/2024 02/01/24 | Pending | -- | -- | -- |
| 02/01/2024 02/01/24 | For Sale | $1,690,000 | -- | $463 / Sq Ft |
Source: Brooklyn Board of REALTORS®
Tax 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.
| 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 | $13,337 | $104,220 | $22,380 | $81,840 |
| 2025 | $12,582 | $100,200 | $22,380 | $77,820 |
| 2024 | $12,582 | $108,060 | $22,380 | $85,680 |
| 2023 | $12,002 | $106,320 | $22,380 | $83,940 |
| 2022 | $11,660 | $89,580 | $22,380 | $67,200 |
| 2021 | $12,292 | $81,360 | $22,380 | $58,980 |
| 2020 | $5,789 | $92,820 | $22,380 | $70,440 |
| 2019 | $10,920 | $92,820 | $22,380 | $70,440 |
| 2018 | $11,131 | $49,248 | $14,251 | $34,997 |
| 2017 | $9,922 | $48,672 | $15,104 | $33,568 |
| 2016 | $9,730 | $48,672 | $16,094 | $32,578 |
| 2015 | $5,538 | $46,112 | $17,462 | $28,650 |
| 2014 | $5,538 | $43,502 | $19,764 | $23,738 |
Source: Public Records
Agents Affiliated with this Home
-
Ping Chen
Seller's Agent in 2024
Ping Chen
RE/MAX
(917) 536-3632
13 in this area
148 Total Sales
-
Dan Dong
Buyer's Agent in 2024
Dan Dong
RE/MAX
(929) 291-9897
24 in this area
326 Total Sales
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 479567
APN: 05990-0003
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