NOT LISTED FOR SALE

Estimated Value: $2,300,085

4 Beds
3.5 Baths
3,159 Sq Ft
$728/Sq Ft Est. Value

Sale Details

Date Sold: August 23, 2023

Last sale price $2,550,000 $807 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $14,229 / mo

373 Days on Market

Highlights

  • Pre War Building
  • Community Garden
  • Intercom
  • Terrace
  • Balcony
  • Garden

About This Home

As of August 2023

Welcome to this lavish legal two-family home which embodies the epitome of modernization with its neutral contemporary interior design. With outstanding outdoor space and an ideal location in the heart of residential Bay Ridge this is a not to be missed opportunity. A custom line storm arched front entrance and imported Cantera iron double doors create an elegant first impression in this lovely four-bedroom three-bathroom residence. As you enter the main foyer with an exquisite crystal pendant chandelier situated above gleaming porcelain floors with marble mosaic details you face a winding custom staircase which connects the first and second levels of this expansive home. Inside you will find custom Anderson a series architectural windows and beautiful porcelain tile quartzite and hardwood floors. Both levels feature gas fireplaces and outdoor space including a large terrace on the second floor and beautifully landscaped backyard off the main level with all new pavers off and lush privacy shrubs and flowers surrounding a perfectly manicured space for entertaining family and guests during the warm seasons. The fully finished basement welcomes you with radiant heated floors, tall ceilings, a full bathroom, and a nicely equipped kitchen. A new heating system and ductless air conditioning ensure year-round comfort, while a long private driveway and two car garage at abundant parking to this exceptional Brooklyn home. Located on a gorgeous tree line Street in residential Bay Ridge this home is close to fantastic dining and shopping along third Avenue. Breathtaking waterfront outdoor space and Bridge views are just two blocks away. Excellent bus service, the R train, bay ridge ferry terminal, belt parkway, Gowanus Expressway and Verrazano Narrows Bridge provide easy access to the rest of the city and beyond.

Last Agent to Sell the Property

Athena Salavantis

Compass License #10301218981 Listed on: 04/24/2022

Compass

Co-Listed By

Joseph Vassallo

Compass License #30VA0852431

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 45.0 x 100.0
  • Garden

Parking

  • Garage

Home Design

  • Pre War Building

Interior Spaces

  • 3,159 Sq Ft Home
  • 2-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Balcony
  • Terrace

Listing and Financial Details

  • Legal Lot and Block 29 / 5966

Community Details

Overview

  • Bay Ridge Subdivision

Amenities

  • Community Garden
  • Building Terrace

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

4,500 Acres

Listing Details

  • Cross Street: Narrows Avenue/Colonial Road
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Bay Ridge
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Equipment (Other): Intercom
  • Living Area: 3159.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 4

Exterior Features

  • Exterior Features: Building Garden, Balcony, Garden
  • Patio/Porch Features: Building Terrace, Terrace, Balcony

Garage/Parking

  • Garage: Yes

Lot Info

  • Lot Size Dimensions: 45.0 x 100.0

Building Info

  • Total Stories: 2
  • Year Built: 1925

Tax Info

  • Tax Block: 5966
  • Tax Lot: 29

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
Apr 24, 2022
Closed on
Aug 23, 2023
Sold by
Bought by
Seller's Agent
Athena Salavantis
Compass
List Price
$3,500,000
Sold Price
$2,550,000
Premium/Discount to List
-$950,000
-27.14%
Views
193
Current Estimated Value
$2,300,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$249,915
Avg. Annual Appreciation
-3.44%
Original Mortgage
$2,000,000
Outstanding Balance
$1,936,029
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$364,056

Purchase Details

Closed on
Nov 21, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,800
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2015
Sold by
Bought by

Purchase Details

Closed on
Sep 19, 2014
Sold by
Bought by

Purchase Details

Closed on
Aug 11, 2010
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Bay Ridge, NY

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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
$2,550,000 --
-- --
-- --
-- --
$1,750,000 --
-- --
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 $2,000,000
Previous Owner $432,000
Previous Owner $213,800
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
08/23/2023 08/23/23 Sold $2,550,000 -4.7% $807 / Sq Ft
05/04/2023 05/04/23 Pending -- -- --
01/10/2023 01/10/23 Price Changed $2,675,000 -2.7% $847 / Sq Ft
09/29/2022 09/29/22 Price Changed $2,750,000 -6.8% $871 / Sq Ft
08/09/2022 08/09/22 Price Changed $2,950,000 -7.8% $934 / Sq Ft
06/29/2022 06/29/22 Price Changed $3,200,000 -8.6% $1,013 / Sq Ft
04/25/2022 04/25/22 For Sale $3,500,000 -- $1,108 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $19,337 $176,700 $31,860 $144,840
2025 $18,288 $147,360 $31,860 $115,500
2024 $18,288 $116,400 $31,860 $84,540
2023 $17,446 $142,800 $31,860 $110,940
2022 $16,888 $143,640 $31,860 $111,780
2021 $16,988 $157,560 $31,860 $125,700
2020 $12,640 $150,000 $31,860 $118,140
2019 $15,949 $150,000 $31,860 $118,140
2018 $13,675 $67,084 $20,355 $46,729
2017 $12,709 $62,346 $22,308 $40,038
2016 $11,819 $59,120 $23,982 $35,138
2015 $2,937 $58,710 $27,623 $31,087
2014 $2,937 $55,387 $26,611 $28,776
Source: Public Records

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10884829

Real Estate Board of New York (REBNY)

APN: 05966-0029

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