NOT LISTED FOR SALE

Estimated Value: $1,399,395 - $1,890,000

8 Beds
3 Baths
3,105 Sq Ft
$503/Sq Ft Est. Value

Last Sold September 06, 2024

Last sale price $1,495,000 $481 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $8,882/month

179 Days on Market

Highlights

  • 2,650 Sq Ft lot
  • PS 748 Brooklyn School for Global Scholars Rated A
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of September 2024

Here is an absolutely massive legal three family brick house in prime Bath Beach. Spanning well over 3,000 square feet (not including the basement) this home is in need of a full renovation. Sitting on a 25x106 lot and with a foot print of 20x55 you would be hard pressed to find a larger three family brick in the neighborhood. With some vision you can create a very special home, the top floor features three beds and one bath as well as a roof deck, the middle floor features three beds and one bath and a balcony, the first floor features a flex space that could be two or three bedrooms and has access to the back yard. There is a full unfinished basement, it is HUGE and stretches length and width of the building, this space could easily be finished and made into an additional living area. The boiler is brand new, the structure of the building is solid. The building will be delivered vacant at closing. This is an excellent location, near shopping, dining and transportation.

Last Agent to Sell the Property

Louis Belisario

Revived Residential License #10301206828 Listed on: 02/23/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,640

Year Built

  • Built in 1901

Lot Details

  • 2,650 Sq Ft Lot
  • Lot Dimensions are 106.00x25.00

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,105 Sq Ft Home
  • 3-Story Property
  • Decorative Fireplace
  • Basement

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening

Community Details

  • 3 Units
  • Bath Beach Subdivision

Listing and Financial Details

  • Legal Lot and Block 0047 / 06438

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,640

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Bath Beach
  • Entry Level: 1
  • Structure Type: Townhouse
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Interior Features: Smoke Free
  • Fireplace Features: Decorative
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 3105.0
  • Living Area Units: Square Feet
  • Basement: Yes
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 8

Exterior Features

  • View: Other
  • View: No
  • Exterior Features: Private Outdoor Space Over 60 Sqft
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other
  • Green Building Features: Green Building
  • Cooling: Wall Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 2650.0
  • Lot Size Dimensions: 106.00x25.00
  • Zoning Description: R5

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 3
  • Total Stories: 3
  • Year Built: 1901

Tax Info

  • Tax Block: 06438
  • Tax Lot: 0047
  • Tax Annual: 8640.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
Sep 6, 2024
Sold by
Estate Of Robert J Bonsignore and Timothy Haggerty As Executor
Bought by
Li Wei
Seller's Agent
Louis Belisario
Revived Residential
List Price
$1,549,000
Sold Price
$1,495,000
Premium/Discount to List
-$54,000
-3.49%
Views
23
Current Estimated Value
$1,560,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,349
Avg. Annual Appreciation
3.13%
Original Mortgage
$845,000
Outstanding Balance
$834,393
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$725,956

Purchase Details

Closed on
Aug 29, 2017
Sold by
Bonsignore John J and Bonsignore Robert J
Bought by
Bonsignore Robert J

Purchase Details

Closed on
Mar 3, 1999
Sold by
Bonsignore Robert J and Bonsignore John
Bought by
Bonsignore Robert J and Bonsignore John

Purchase Details

Closed on
Sep 20, 1995
Sold by
Bonsignore Josephine
Bought by
Bonsignore Josephine and Bonsignore Robert J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Li Wei $1,300,000 --
Li Wei $1,300,000 --
Bonsignore Robert J -- --
Bonsignore Robert J -- --
Bonsignore Robert J -- --
Bonsignore Robert J -- First American Title Ins Co
Bonsignore Robert J -- First American Title Ins Co
Bonsignore Josephine -- First American Title Ins Co
Bonsignore Josephine -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Wei $845,000
Closed Li Wei $845,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2024 09/06/24 Sold $1,495,000 +15.0% $481 / Sq Ft
09/06/2024 09/06/24 Price Changed $1,300,000 -16.1% $419 / Sq Ft
08/20/2024 08/20/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $1,549,000 -- $499 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $9,153 $99,180 $16,740 $82,440
2024 $9,153 $94,800 $16,740 $78,060
2023 $8,732 $116,340 $16,740 $99,600
2022 $6,437 $99,240 $16,740 $82,500
2021 $7,937 $80,700 $16,740 $63,960
2019 $7,285 $89,760 $16,740 $73,020
2018 $6,645 $35,830 $7,725 $28,105
2017 $6,658 $35,830 $9,154 $26,676
2016 $6,184 $34,038 $9,459 $24,579
2015 $3,638 $33,516 $10,257 $23,259
2014 $3,638 $31,648 $11,187 $20,461
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11002879

Real Estate Board of New York (REBNY)

APN: 06438-0047