L
Seller's Agent in 2020
Lawrence Wong
1 in this area
62 Total Sales
8311 5th Ave Brooklyn, NY 11209
Bay Ridge NeighborhoodEstimated Value: $2,267,425
--
Bed
--
Bath
3,300
Sq Ft
$687/Sq Ft
Est. Value
Highlights
- Heating System Uses Steam
- 5-minute walk to 86 Street (R Line)
- 4-minute walk to Tom McDonald Triangle
- P.S. 127 McKinley Park Rated A
- Back Yard
About This Home
As of March 2020Beautiful brick 2 family plus store, mixed-use building in prime Bay Ridge. The Store is currently leased by a long term and stable tenant of 20 years in the Optical business paying $4,875 monthly rent. The lease ends June 2021. New owners have an option of renewing the lease. Each of the 2 apartments upstairs showcase 3 bedrooms, living room, dining room, eat-in kitchen, and full bath. Both apartments are owner occupied and can be delivered vacant at closing. This property also has a full unfinished cellar and private backyard and garden. There is no on-site parking. Lot: 21x74. Building: 20x55. Approx. Building Sq Ft: 3,300. Est. Annual Taxes: $11,755. Est. Annual Water: $1,300. Est. Annual Fuel/Oil: $3,800. Est. Annual Insurance: $4,000. Zoning: R6B. Approx. Year Built: 1921. Stories: 3.
Property Details
Property Type
- Other
Est. Annual Taxes
- $11,755
Year Built
- Built in 1921
Lot Details
- 1,594 Sq Ft Lot
- Lot Dimensions are 74 x 21
- Back Yard
- Property is zoned R6B
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
Interior Spaces
- 3,300 Sq Ft Home
- 3-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Utilities
- Heating System Uses Steam
- Heating System Uses Oil
- Oil Water Heater
Listing and Financial Details
- Tax Block 6019
Community Details
Overview
- 2 Units
Building Details
- Fuel Expense $3,800
- Insurance Expense $4,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 16, 2019
Closed on
Mar 17, 2020
Sold by
Drossos Eugenia and Stamoulis Calliopi
Bought by
268 W Realty Inc
Seller's Agent
Lawrence Wong
Buyer's Agent
Chao Hui Chen
RE/MAX Edge
Sold Price
$1,970,000
Total Days on Market
0
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
$297,425
Avg. Annual Appreciation
2.75%
Original Mortgage
$950,000
Outstanding Balance
$845,226
Interest Rate
3.4%
Mortgage Type
Unknown
Estimated Equity
$1,435,460
Purchase Details
Closed on
Apr 8, 2002
Sold by
Cheknas Gus
Bought by
Stamoulis Calliopi and Drossos Eugenia
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 268 W Realty Inc | $1,970,000 | -- | |
| Stamoulis Calliopi | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 268 W Realty Inc | $950,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/17/2020 03/17/20 | Sold | $1,970,000 | -- | $597 / Sq Ft |
| 12/16/2019 12/16/19 | Pending | -- | -- | -- |
Source: Brooklyn Board of REALTORS®
Tax History Compared to Growth
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 | $13,685 | $94,440 | $22,680 | $71,760 |
| 2024 | $13,685 | $91,200 | $22,680 | $68,520 |
| 2023 | $13,109 | $95,400 | $22,680 | $72,720 |
| 2022 | $12,748 | $96,120 | $22,680 | $73,440 |
| 2021 | $13,439 | $93,300 | $22,680 | $70,620 |
| 2020 | $10,079 | $88,920 | $22,680 | $66,240 |
| 2019 | $10,755 | $93,600 | $22,680 | $70,920 |
| 2018 | $10,950 | $49,824 | $14,487 | $35,337 |
| 2017 | $9,740 | $49,248 | $15,359 | $33,889 |
| 2016 | $9,535 | $49,248 | $18,431 | $30,817 |
| 2015 | $5,384 | $46,651 | $19,593 | $27,058 |
| 2014 | $5,384 | $44,011 | $20,043 | $23,968 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2020
Chao Hui Chen
RE/MAX Edge
1 in this area
51 Total Sales
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 435397
APN: 06019-0006
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