NOT LISTED FOR SALE

126 Gelston Ave Brooklyn, NY 11209

Fort Hamilton Neighborhood
7 Beds
4 Baths
3,280 Sq Ft
2,904 Acres

Last Sold July 25, 2023

Last sale price $1,510,000 $460 Per Sq Ft

Highlights

  • Heating System Uses Steam
  • 5-minute walk to Bay Ridge-95 Street
  • Back and Front Yard
  • P.S./I.S. 104 The Fort Hamilton School Rated A

About This Home

As of July 2023

Welcome to 126 Gelston Avenue; a rare Bay Ridge 4 family find. Four generations of proud family owners have resided within the walls of this fully detached rock-solid brick home since the 1950’s.
Walking distance to public transportation & schools as well as local Mom/Pop shopping
A rare find because at this time we are offering 3 units guaranteed to be delivered vacant. An opportunity to have multiple units vacant does not come around often so make your private appointment today to view this EXCLUSIVE listing which features (3) two bedroom and (1) single bedroom apartments all of which have newly renovated bathrooms.

Last Listed By

Ken Macbride

BHHS Fillmore R.E. Listed on: 11/02/2022

BHHS Fillmore R.E.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,000

Year Built

  • Built in 1928

Lot Details

  • Lot Dimensions are 116 x 25
  • Back and Front Yard

Parking

  • Shared Driveway

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Steam
  • Heating System Uses Oil

Listing and Financial Details

  • Tax Block 6088

Community Details

Overview

  • 4 Units

Building Details

  • Fuel Expense $13,300
  • Insurance Expense $4,500
  • Utility Expense $700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,000

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Basement Amenities: Full
  • Total Bathrooms: 4.00
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1640
  • Building Length: 80.00
  • Building Width: 20.50
  • Confirmed By M L S Y N: Yes
  • Cross Street: 92nd Street
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 4
  • Parking Attributes: None
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: None
  • Street Name I D X: Gelston
  • Street Number I D X: 126
  • Waterfront Present: No
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 4
  • Total Bedrooms: 7
  • Flooring: None
  • Total Rooms: 15

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Other
  • Lot Number: 32
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: Other
  • Heating Fuel: Oil
  • Hot Water: Hot Water Coil in Boiler

Fee Information

  • Annual Fuel Expense: 13300.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 116
  • Lot Size Width: 25

Multi Family

  • Annual Gross Expense: 38400.00
  • Insurance Expense: 4500.00
  • Unit Count: 4
  • Annual Utility Expenses: 700.00

Tax Info

  • Flip Tax Amount: 16000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2022
Closed on
Jul 25, 2023
Sold by
Daniel Demuccio As Trustee and Dell'Alba
Bought by
J & C 126 Inc
Seller's Agent
Ken Macbride
BHHS Fillmore R.E.
Buyer's Agent
Ken Macbride
BHHS Fillmore R.E.
List Price
$1,600,000
Sold Price
$1,510,000
Premium/Discount to List
-$90,000
-5.62%
Total Days on Market
0
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.32%
Original Mortgage
$930,000
Outstanding Balance
$916,430
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$682,813

Purchase Details

Closed on
Aug 12, 2020
Sold by
Brown Catherine and Dell'Alba Elizabeth
Bought by
Dell'Alba Elizabeth

Purchase Details

Closed on
Jan 11, 2019
Sold by
Estate Of Henrietta K Napoli and Henrietta C Mik As Executor
Bought by
Napoli Gary

Purchase Details

Closed on
Oct 20, 1997
Sold by
Demuccio John and Demuccio Louise
Bought by
Demuccio John and Napoli Henrietta

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
07/25/2023 07/25/23 Sold $1,510,000 -5.6% $460 / Sq Ft
02/16/2023 02/16/23 For Sale $1,600,000 0.0% $488 / Sq Ft
11/02/2022 11/02/22 Pending -- -- --
11/02/2022 11/02/22 For Sale $1,600,000 -- $488 / Sq Ft
Source: Brooklyn Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Ken Macbride

    Seller's Agent in 2023

    Ken Macbride

    BHHS Fillmore R.E.

    (718) 615-2007

    2 in this area

    149 Total Sales

    Ken Macbride
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 468850

Brooklyn Board of REALTORS®

APN: 06088-0032

New York Kings County Brooklyn 11209 Fort Hamilton

126 Gelston Ave, Brooklyn, NY

Homes for Sale in Brooklyn, NY

This home is located at 126 Gelston Ave, Brooklyn, NY 11209 since 02 November 2022. This property was built in 1928. 126 Gelston Ave is a home located in Kings County with nearby schools including P.S./I.S. 104 The Fort Hamilton School, Fort Hamilton High School, and Bay Ridge Catholic Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.