Sold for $1,280,000

$1,280,000

721 Bay Ridge Ave, Brooklyn, NY 11220

8beds

2,360sqft

Multi Family

Built in 1925

-- sqft lot

$1,336,200 Zestimate^®

$542/sqft

$3,232 Estimated rent

Home value

$1,336,200

$1.22M - $1.47M

$3,232/mo

Zestimate^® history

Owner options

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$3,232/mo

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$3,232/mo

Rent Zestimate^®

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$7,909/mo

Est. payment

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$7,909/mo

Est. payment

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What's special

Extra Large Brick Two Dwelling House With Detached Garage. 2 Separate Heating & Boiler System.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4

Heating

Natural Gas, Hot Water

Appliances

Included: Refrigerator, Stove, Gas Water Heater

Features

Flooring: Other
Basement: Finished,Partial

Interior area

Total structure area: 2,360
Total interior livable area: 2,360 sqft

Property

Parking

Parking features: Other, Detached Garage
Has garage: Yes

Lot

Size: 2,000 Square Feet
Dimensions: 20x100
Features: Back Yard

Details

Foundation area: 1100
Parcel number: 058670036
Zoning: R5B
Special conditions: Arm's Length

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Brick
Foundation: Other
Roof: Other

Condition

Year built: 1925

Utilities & green energy

Electric: 110 V

Community & HOA

Community

Subdivision: Brooklyn

Location

Region: Brooklyn

Financial & listing details

Price per square foot: $542/sqft
Tax assessed value: $1,553,000
Annual tax amount: $9,395
Date on market: 12/3/2024
Cumulative days on market: 14 days

Price history

Date	Event	Price
3/14/2025	Sold	$1,280,000-30.4%$542/sqft
Source: BNYMLS #487762 Report a problem
12/17/2024	Pending sale	$1,838,000+14.9%$779/sqft
Source: SIBOR #2406607 Report a problem
12/17/2024	Price change	$1,599,000-13%$678/sqft
Source: BNYMLS #487762 Report a problem
12/2/2024	Listed for sale	$1,838,000+191.7%$779/sqft
Source: SIBOR #2406607 Report a problem
7/6/2006	Sold	$630,000$267/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,756 +3.8%	$93,180 +23%
2024	$9,396	$75,780 -16.4%
2023	--	$90,660 +22.2%
2022	--	$74,220 -5.9%
2021	--	$78,840 +7.9%
2020	$8,377 +5.3%	$73,080
2019	$7,955 -2.4%	$73,080 +87.5%
2018	$8,155 +4.3%	$38,983 +1.6%
2017	$7,820 +15.4%	$38,362 +6%
2016	$6,774	$36,192 +6%
2015	$6,774 +63.4%	$34,144 +5.1%
2014	$4,145	$32,486
2013	--	$32,486 +1.6%
2012	--	$31,969 +6%
2011	--	$30,160 +6%
2010	--	$28,454 +5.1%
2009	--	$27,072
2008	--	$27,072 +1.6%
2007	--	$26,641 +6%
2006	--	$25,134 +6%
2005	--	$23,712 +5.1%
2004	--	$22,560
2003	--	$22,560 +1.6%
2002	--	$22,201 +6%
2001	--	$20,945 +6%
2000	--	$19,760