NOT LISTED FOR SALE

Estimated Value: $1,454,989

Studio
-- Bath
3,300 Sq Ft
$441/Sq Ft Est. Value

Last Sold November 06, 2023

Last sale price $1,390,000 $421 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $8,682/month

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • Back Yard
  • P.S. 185 Walter Kassenbrock Rated A

About This Home

As of November 2023

Incredible investment opportunity located in the heart of 3rd avenue in Bay Ridge. This mixed use building has an abundance of heavy foot traffic and is conveniently located near all. Building consist of two apartments which both have six rooms and three bedrooms on each level. Lot size is 20x75 and Building is 20x55. This building is located near banks, restaurants, shopping and transportation. Buildings in this location are "RARELY" available. Sold in "As Is" condition.

Last Agent to Sell the Property

Mark Maguire

Listed on: 06/15/2023

Co-Listed By

Robert Maguire

Last Buyer's Agent

Mark Maguire

Listed on: 06/15/2023

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $11,300

Year Built

  • Built in 1923

Lot Details

  • 1,500 Sq Ft Lot
  • Lot Dimensions are 75 x 20
  • Back Yard
  • Property is zoned R6b

Home Design

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

Interior Spaces

  • 3,300 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Basement Cellar

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 6061

Property Details

Property Type

Other

Est. Annual Taxes

$11,300

Year Built

Built in 1923

Lot Details

1,500 Sq Ft Lot

Listing Details

  • Basement Amenities: Cellar
  • Borough: Brooklyn
  • Building Length: 55.00
  • Building Width: 20.00
  • Co List Office Mls Id: 116050
  • Co List Office Phone: (718) 836-4330
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Sign - Building
  • Commercial Features Interior: None
  • Confirmed By M L S Y N: Yes
  • Cross Street: 88th St
  • Cross Street Name2: 3rd Avenue
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 3300
  • Building Stories: 3
  • Street Name I D X: 3rd
  • Year Built: 1923
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Hardwood
  • Lot Sq Ft: 1500

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 39
  • Roof: Flat

Utilities

  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 75
  • Lot Size Width: 20
  • Zoning: R6b

Tax Info

  • Flip Tax Amount: 11300.00

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2023
Closed on
Nov 6, 2023
Sold by
Estate Of Vincent Sirico and Estate Of Vincenzo Sirico
Bought by
8810 3Rd Ave Llc
Seller's Agent
Mark Maguire
Buyer's Agent
Mark Maguire
List Price
$1,725,000
Sold Price
$1,390,000
Premium/Discount to List
-$335,000
-19.42%
Current Estimated Value
$1,454,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,989
Avg. Annual Appreciation
2.02%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
8810 3Rd Ave Llc $1,400,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2023 11/06/23 Sold $1,390,000 -14.5% $421 / Sq Ft
08/07/2023 08/07/23 Price Changed $1,625,000 -5.8% $492 / Sq Ft
06/15/2023 06/15/23 For Sale $1,725,000 -- $523 / Sq Ft
06/14/2023 06/14/23 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 $13,521 $102,960 $24,600 $78,360
2024 $13,521 $100,740 $24,600 $76,140
2023 $12,239 $99,720 $24,600 $75,120
2022 $11,302 $79,560 $24,600 $54,960
2021 $11,951 $75,060 $24,600 $50,460
2019 $8,403 $88,620 $24,600 $64,020
2018 $10,129 $52,923 $17,627 $35,296
2017 $9,533 $49,932 $17,833 $32,099
2016 $7,714 $49,932 $21,281 $28,651
2015 $4,305 $49,552 $23,379 $26,173
2014 $4,305 $46,749 $21,560 $25,189
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 474794

Brooklyn Board of REALTORS®

APN: 06061-0039

Your Personal Tour Guide

Ask me questions while you tour the home.