NOT LISTED FOR SALE

Estimated Value: $1,771,809

-- Bed
-- Bath
4,674 Sq Ft
$379/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $1,650,000 $353 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $11,417/month

Highlights

  • Wood Flooring
  • 4-minute walk to Bay Ridge-95 Street
  • Heating System Uses Steam
  • P.S./I.S. 104 The Fort Hamilton School Rated A
  • Cooling Available
  • Back Yard

About This Home

As of February 2024

GREAT NEWS THIS IS A OWNER FINANCING BUILDING !!!!! Welcome to this beautiful one of a kind 5 family free-market rent mixed-use building located in the heart of Bay Ridge.
Prime location on 3rd Avenue and 92nd Street, close to transportation, restaurants, and shopping.
This is a great investment property for the location. A MUST SEE! buyer will have the option of owner financing at a 5% rate .

Last Agent to Sell the Property

Hanan Abu Zahriyeh

Listed on: 06/14/2022

Last Buyer's Agent

Hanan Abu Zahriyeh

Listed on: 06/14/2022

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $20,267

Year Built

  • Built in 1926

Lot Details

  • 1,900 Sq Ft Lot
  • Lot Dimensions are 19x100
  • Back Yard
  • Property is zoned R6B

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 4,674 Sq Ft Home
  • 3-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Ceramic Tile

Utilities

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

Listing and Financial Details

  • Tax Block 6102

Community Details

Overview

  • 5 Units

Building Details

  • Fuel Expense $4,800
  • Insurance Expense $3,700
  • Utility Expense $700
  • Gross Income $111,320

Property Details

Property Type

Other

Est. Annual Taxes

$20,267

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Borough: Brooklyn
  • Building Length: 82.00
  • Building Width: 19.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Intercom, Kitchen, Living Space Available, Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: 92nd Street
  • Cross Street Name2: 93rd Street
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 5
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 4674
  • Building Stories: 3
  • Street Name I D X: 3rd
  • Waterfront Present: No
  • Year Built: 1926
  • Special Features: None
  • Stories: 3

Interior Features

  • Ceiling: Other
  • Flooring: Ceramic, Hardwood, Tile
  • Lot Sq Ft: 1900
  • Walls: Other

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Other
  • Lot Number: 42
  • Roof: Flat, Other

Utilities

  • Air Conditioning Units: 1
  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 4800.00

Lot Info

  • Lot Dimensions: 19x100
  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 19
  • Zoning: R6B

Multi Family

  • Annual Gross Income: 111320
  • Insurance Expense: 3700.00
  • Unit Count: 6
  • Annual Utility Expenses: 700.00

Tax Info

  • Flip Tax Amount: 20267.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2022
Closed on
Feb 7, 2024
Sold by
Ecg Realty Group Llc
Bought by
9212 3Rd Avenue Realty Llc
Seller's Agent
Hanan Abu Zahriyeh
Buyer's Agent
Hanan Abu Zahriyeh
List Price
$2,150,000
Sold Price
$1,650,000
Premium/Discount to List
-$500,000
-23.26%
Views
35
Current Estimated Value
$1,771,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,809
Avg. Annual Appreciation
4.18%
Original Mortgage
$1,150,000
Outstanding Balance
$1,128,547
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$643,262

Purchase Details

Closed on
May 6, 2004
Sold by
9212 Third Avenue Llc
Bought by
Ecg Realty Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 22, 1999
Sold by
Maguire Steven
Bought by
Maguire James P

Purchase Details

Closed on
Jul 7, 1998
Sold by
Gualtieri Joseph
Bought by
Maguire Steven and Latteri Eileen
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
9212 3Rd Avenue Realty Llc $1,650,000 --
9212 3Rd Avenue Realty Llc $1,650,000 --
Ecg Realty Group Llc $795,000 --
Ecg Realty Group Llc $795,000 --
Maguire James P -- First American Title Ins Co
Maguire James P -- First American Title Ins Co
Maguire Steven -- Ticor Title Guarantee Compan
Maguire Steven -- Ticor Title Guarantee Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 9212 3Rd Avenue Realty Llc $1,150,000
Closed 9212 3Rd Avenue Realty Llc $1,150,000
Previous Owner Ecg Realty Group Llc $260,000
Previous Owner Ecg Realty Group Llc $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2024 02/09/24 Sold $1,650,000 -17.3% $353 / Sq Ft
09/27/2023 09/27/23 Price Changed $1,994,999 -0.3% $427 / Sq Ft
04/05/2023 04/05/23 Price Changed $1,999,999 0.0% $428 / Sq Ft
02/10/2023 02/10/23 Price Changed $1,999,000 -2.4% $428 / Sq Ft
01/03/2023 01/03/23 Price Changed $2,049,000 +0.4% $438 / Sq Ft
01/02/2023 01/02/23 Price Changed $2,040,000 -5.1% $436 / Sq Ft
06/14/2022 06/14/22 For Sale $2,150,000 -- $460 / Sq Ft
06/14/2022 06/14/22 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 $25,164 $275,400 $13,050 $262,350
2024 $25,164 $229,500 $13,050 $216,450
2023 $23,136 $277,200 $13,050 $264,150
2022 $21,639 $346,500 $13,050 $333,450
2021 $20,267 $407,700 $13,050 $394,650
2020 $11,754 $444,600 $13,050 $431,550
2019 $18,894 $449,100 $13,050 $436,050
2018 $18,452 $145,078 $4,157 $140,921
2017 $17,304 $136,048 $4,478 $131,570
2016 $16,385 $127,091 $4,435 $122,656
2015 $10,544 $127,082 $4,743 $122,339
2014 $10,544 $119,100 $4,906 $114,194
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 463439

Brooklyn Board of REALTORS®

APN: 06102-0042