$1,550,000
SOLD FEB 18, 2025
-- Bed
-- Bath
2,700 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$574 Per Sq Ft

2% Below List Price

Highlights

  • Wood Flooring
  • 2-minute walk to 77 Street (R Line)
  • Back and Front Yard
  • P.S./I.S. 30 - The Mary White Ovington School Rated A-
  • Baseboard Heating

About This Home

As of February 2025

Bay Ridge Prime 3 story, 2 family limestone with professional/ medical office and full basement with front exterior entrance on doctors' row on 77th street Bay Ridge. The residential units on the top 2 floors are filled with original woodwork, very good condition. The first-floor garden level with professional office is expansive with rear extension, 900 sq ft with access to private rear yard. 3 separate boilers and 3 separate hot water heaters. Great investment opportunity. The First Floor Doctor office rent Leased until July 2025, now paying $3050 Per-Month. The 2nd FL will be vacant around Feb. 2025. And the 3FL is vacant now.

Last Agent to Sell the Property

Qi Kang Mei

RE/MAX Edge License #10401207839

RE/MAX Edge

Last Buyer's Agent

Qi Kang Mei

RE/MAX Edge License #10401207839

RE/MAX Edge

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $10,319

Year Built

  • 1899

Lot Details

  • Lot Dimensions are 100 x 20
  • Back and Front Yard

Parking

  • On-Street Parking

Home Design

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

Flooring

  • Wood
  • Ceramic Tile

Partially Finished Basement

  • Basement Cellar

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 5961

Community Details

Overview

  • 2 Units

Building Details

  • Utility Expense $600
  • Gross Income $96,000

Property Details

Property Type

Other

Est. Annual Taxes

$10,319

Year Built

1899

Lot Details

0

Listing Details

  • Basement Amenities: Cellar, Semi-Finished
  • Borough: Brooklyn
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Doors - 10 ft and under
  • Commercial Features Interior: Fire - Smoke Alarm, Kitchen
  • Confirmed By M L S Y N: Yes
  • Cross Street: 4th Avenue
  • Cross Street Name2: 5th Avenue
  • Heat Delivery: Baseboard
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Street Name I D X: 77th
  • Street Number I D X: 454
  • Special Features: None
  • Year Built (Public Record): 1899

Interior Features

  • Flooring: Ceramic, Hardwood

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Block
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 25
  • Roof: Flat

Utilities

  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20

Rental Info

  • Rent Income: 8050

Multi Family

  • Annual Gross Expense: 16000.00
  • Annual Gross Income: 96000
  • Unit Count: 3
  • Annual Utility Expenses: 600.00

Map

Range of Values:

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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
02/18/2025 02/18/25 Sold $1,550,000 -2.4% $574 / Sq Ft
01/07/2025 01/07/25 Pending -- -- --
01/07/2025 01/07/25 For Sale $1,588,000 +14.4% $588 / Sq Ft
10/25/2022 10/25/22 Sold $1,388,000 -- $479 / Sq Ft
05/17/2022 05/17/22 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
2024 $10,319 $92,940 $18,420 $74,520
2023 $9,844 $86,460 $18,420 $68,040
2022 $9,056 $72,420 $18,420 $54,000
2021 $10,036 $66,360 $18,420 $47,940
2020 $9,606 $69,240 $18,420 $50,820
2019 $8,956 $72,900 $18,420 $54,480
2018 $8,234 $40,392 $9,936 $30,456
2017 $8,146 $39,960 $10,539 $29,421
2016 $7,988 $39,960 $12,647 $27,313
2015 -- $37,819 $14,369 $23,450
2014 -- $35,679 $16,275 $19,404
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $900,000 Purchase Money Mortgage
Previous Owner $600,000 Commercial
Source: Public Records

Deed History

Date Type Sale Price Title Company
Deed -- --
Deed $1,550,000 --
Deed $1,388,000 --
Deed $858,000 --
Deed $858,000 --
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 488328

Brooklyn Board of REALTORS®

APN: 05961-0025