NOT LISTED FOR SALE

Estimated Value: $1,412,186 - $1,497,000

3 Beds
2 Baths
1,734 Sq Ft
$839/Sq Ft Est. Value

Last Sold August 21, 2018

Last sale price $1,115,000 $643 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $8,787/month

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Cooling Available
  • P.S. 185 Walter Kassenbrock Rated A
  • 1 Car Detached Garage
  • 5-minute walk to Shore Road Park

About This Home

As of August 2018

Welcome to 87 78th Street - a beautiful 3 bedroom, 2 bath townhouse with a garage, backyard, and central air in prime Bay Ridge! This sun-filled home is in move-in condition and located on a lovely tree-lined street near the water. It offers charming original details, including high ceilings, archways, hardwood parquet floors, and more.

The parlor level features an enclosed sunporch with a wall of windows, spacious South and West-facing living room, formal dining room, and windowed, eat-in kitchen with an island and abundant cabinets. The back door off the kitchen leads to the backyard patio and private garage.

The upper floor has three spacious bedrooms, abundant closet space, and split unit ACs throughout. The primary bedroom is tucked away in the rear of the home facing the quiet backyard and features a wall of custom closets. The second bedroom is also spacious and has two oversized West-facing windows. The third bedroom is bright & sunny with Southern exposures and multiple closets as well.

This floor also showcases a spa-like, renovated bathroom with a walk-in shower, vaulted ceiling, and skylight.
The finished basement features a large open space, which is perfect for a recreation room or home gym. This level also has a full bath, abundant closets and storage space, a separate laundry room, and houses the mechanicals.

Additional features include the spacious backyard patio which can accommodate multiple cars, and be perfect for a backyard barbecue. Some plumbing & electrical upgrades, new roof and siding, replacement windows, and in-ground sprinkler system for the gorgeous front lawn.

Conveniently located near 3rd Avenue's shops & restaurants and just minutes from the R subway, the X27/X37 express buses along Shore Road and the NYC commuter ferry to Manhattan and Downtown Brooklyn. Call to schedule your showing today!

Upfront costs include a $20 rental application fee per applicant, first month's rent ($6000), and one month's security deposit ($6000).

Last Agent to Sell the Property

Yat Chi (Stanley Ng

RE/MAX Edge License #10301215078 Listed on: 03/13/2018

RE/MAX Edge

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,734

Year Built

  • Built in 1925

Lot Details

  • 2,241 Sq Ft Lot
  • Lot Dimensions are 109 x 20
  • Back and Front Yard
  • Property is zoned R3-1

Home Design

  • Colonial Architecture
  • Flat Roof Shape
  • Poured Concrete
  • Wood Frame Construction
  • Stucco Exterior

Interior Spaces

  • 1,734 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Shared Driveway

Utilities

  • Cooling Available
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Tax Block 5957

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,734

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Total Bathrooms: 2.00
  • Baths Total Level2: 1.00
  • Beds Total Level2: 3
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 748
  • Building Length: 44.00
  • Building Width: 17.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Narrows Av
  • Cross Street Name2: Colonial Rd
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 1
  • Parking Attributes: 1 Space, Detached Garage
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Single Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall, Alarm, Dishwasher, Dryer, Laundry Area, Microwave, Refrigerator, Stove, Washer, Window Treatments
  • Rooms Total Level1: 4
  • Rooms Total Level2: 3
  • Fill Sq Ft Total: 1734
  • Building Stories: 2
  • Street Name I D X: 78
  • Street Number I D X: 87
  • Building Style: Colonial
  • Year Built: 1925
  • Special Features: None
  • Stories: 2

Interior Features

  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpeting, Hardwood
  • Lot Sq Ft: 2241
  • Room Count: 11
  • Total Rooms: 9

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Semi-Detached
  • Construction Type: Wood Frame
  • Exterior: Stucco
  • Foundation Details: Poured Concrete
  • Lot Number: 54
  • Roof: Flat

Utilities

  • Air Conditioning Units: 1
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 109
  • Lot Size Width: 20
  • Zoning: R3-1

Tax Info

  • Flip Tax Amount: 7734.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2018
Closed on
Aug 21, 2018
Sold by
Palumbo Annamaria and Palumbo William
Bought by
Joerss Erik and Mcdonagh Joerss Tracy
Seller's Agent
Yat Chi (Stanley Ng
RE/MAX Edge
Sold Price
$1,115,000
Current Estimated Value
$1,454,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,297
Avg. Annual Appreciation
3.85%
Original Mortgage
$455,000
Outstanding Balance
$397,631
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,056,666
Source: Public Records

Range of Values:

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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
Joerss Erik $1,115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joerss Erik $8,546
Open Joerss Erik $455,000
Previous Owner Palumbo Annamaria $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2025 08/18/25 Off Market $6,000 -- --
08/04/2025 08/04/25 For Rent $6,000 0.0% --
08/21/2018 08/21/18 Sold $1,115,000 -- $643 / Sq Ft
03/13/2018 03/13/18 Pending -- -- --
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 $10,535 $89,880 $18,720 $71,160
2024 $10,535 $75,300 $18,720 $56,580
2023 $10,129 $90,780 $18,720 $72,060
2022 $9,441 $89,400 $18,720 $70,680
2021 $9,953 $79,980 $18,720 $61,260
2020 $7,465 $75,120 $18,720 $56,400
2019 $9,144 $75,120 $18,720 $56,400
2018 $8,174 $41,560 $10,806 $30,754
2017 $7,734 $39,412 $11,460 $27,952
2016 $7,569 $39,412 $11,189 $28,223
2015 $4,265 $38,592 $16,451 $22,141
2014 $4,265 $36,427 $15,940 $20,487
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 418529

Brooklyn Board of REALTORS®

APN: 05957-0054