NOT LISTED FOR SALE

Estimated Value: $1,557,322

Studio
-- Bath
3,855 Sq Ft
$404/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $1,550,000 $402 Per Sq Ft

Current estimated payment $9,064/month

Highlights

  • Wood Flooring
  • Handicap Accessible
  • 3-minute walk to Dan Ross Playground
  • P.S. 127 McKinley Park Rated A
  • Heating System Uses Steam

About This Home

As of June 2022

5th Avenue Bay Ridge Brooklyn. This amazing mix use building has a store on street level with a lease in place until 2025. On the second and third floor there are 2 bedrooms apartments that can be delivered vacant. Currently the third floor is occupied and is month to month lease. Excellent opportunity for the right investor in Bay Ridge.

Last Agent to Sell the Property

Peter Mancini

Keller Williams Realty Empire Listed on: 04/21/2022

Keller Williams Realty Empire

Last Buyer's Agent

Jessica Peng

RE/MAX Real Estate Professiona

RE/MAX Real Estate Professiona

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $10,705

Year Built

  • Built in 1931

Lot Details

  • 1,847 Sq Ft Lot
  • Lot Dimensions are 86 x 21
  • Property is zoned R6B

Parking

  • On-Street Parking

Home Design

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

Interior Spaces

  • 3,855 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Linoleum

Accessible Home Design

  • Handicap Accessible

Utilities

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

Community Details

  • 2 Units
  • 2 Vacant Units

Listing and Financial Details

  • Tax Block 5999

Property Details

Property Type

Other

Est. Annual Taxes

$10,705

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Basement Amenities: Unfinished
  • Borough: Brooklyn
  • Building Length: 60.00
  • Building Width: 21.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Sign - Building
  • Commercial Features Interior: Handicap Design, Restrooms - Public, Security Alarm
  • Confirmed By M L S Y N: Yes
  • Cross Street: 81st St
  • Cross Street Name2: 82nd St
  • Handicap Access Y N U: Yes
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Available Units: 2
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 3855
  • Building Stories: 3
  • Street Name I D X: 5th
  • Waterfront Present: No
  • Year Built: 1931
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Carpeting, Hardwood, Linoleum
  • Lot Sq Ft: 1847

Exterior Features

  • Yard: None
  • Exterior Building Type: Attached
  • Construction Type: Block
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 6
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V, 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 86
  • Lot Size Width: 21
  • Zoning: R6B

Tax Info

  • Flip Tax Amount: 10705.00

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2022
Closed on
Jun 24, 2022
Sold by
Catherine J Maksymowicz Co-Trustee and John W Maksymowicz Co-Trustee
Bought by
8115 Inc
Seller's Agent
Peter Mancini
Keller Williams Realty Empire
Buyer's Agent
Jessica Peng
RE/MAX Real Estate Professiona
Sold Price
$1,550,000
Current Estimated Value
$1,557,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,322
Avg. Annual Appreciation
0.13%
Original Mortgage
$1,200,000
Outstanding Balance
$1,138,429
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$418,893

Purchase Details

Closed on
Sep 27, 2021
Sold by
Maksymowicz John
Bought by
Catherine J Masymowicz Trustee and John W Maksymowicz Trustee

Purchase Details

Closed on
Jul 2, 2002
Sold by
Maksymowicz Zofia
Bought by
Maksymowicz Zofia Life

Purchase Details

Closed on
Jan 25, 1995
Sold by
Maksymowicz Zenon
Bought by
Maksymowicz Zofia
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
8115 Inc $1,550,000 --
8115 Inc $1,550,000 --
8115 Inc $1,550,000 --
Catherine J Masymowicz Trustee -- --
Catherine J Masymowicz Trustee -- --
Catherine J Masymowicz Trustee -- --
Maksymowicz Zofia Life -- --
Maksymowicz Zofia Life -- --
Maksymowicz Zofia -- Commonwealth Land Title Ins
Maksymowicz Zofia -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 8115 Inc $1,200,000
Closed 8115 Inc $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2022 06/24/22 Sold $1,550,000 -- $402 / Sq Ft
04/21/2022 04/21/22 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
2025 $11,625 $124,200 $20,760 $103,440
2024 $11,625 $118,560 $20,760 $97,800
2023 $11,090 $121,440 $20,760 $100,680
2022 $10,121 $95,340 $20,760 $74,580
2021 $10,705 $86,580 $20,760 $65,820
2019 $9,431 $94,560 $20,760 $73,800
2018 $9,708 $45,504 $11,991 $33,513
2017 $8,527 $45,000 $12,710 $32,290
2016 $8,375 $45,000 $14,430 $30,570
2015 $4,681 $42,606 $16,200 $26,406
2014 $4,681 $40,195 $18,347 $21,848
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 460960

Brooklyn Board of REALTORS®

APN: 05999-0006