240 78th St, Brooklyn, NY 11209

5 beds6.5 baths5,339 sqft Edit

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Zestimate®: $2,730,470
Rent Zestimate®: $3,064/mo
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My Notes

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* Owned by one of Brooklyns foremost real estate entrepreneurs who used this as his town home, this estate is filled with all of the luxurious toys that are a standard must have for any New York City or international business mogul. The mansion was built to house twelve but has only been occupied by three so everything is in mint, renovated condition. * This 5000 square foot two-family multi-structure estate packs a lot of useful space into an enormous footprint. This masterfully renovated property has a total of 20 rooms, 5 bedrooms and 6 bathrooms - with two separate furnished rental units of 1 bedroom and 1 bathroom each, with their own separate entrances. * The residence sits on 78th between Ridge Blvd and 3rd Ave, two blocks from the 77th Street stop on the R Train in beautiful Bay Ridge Brooklyn. The lot includes a long driveway capable of holding more than five cars. The main section of the home contains the central kitchen, living rooms, bedrooms, home office and bathrooms, while a second mothers suite has its own living and bath areas. The office is fully wired and equipped, has a half bathroom, a vaulted ceiling space designed for a library and includes a separate area for business meetings. * Amenities include a game room (billiards, ping pong, fuse ball, flat screens), a movie theatre (fitted with custom fabrics and a high definition sound system), an outdoor heated pool (with an integrated flat screen television), an outdoor kitchen set up with high-end appliances and an outdoor grill. The game room also has a secret passage leading to the guest house, which also doubles as a wine cellar, while the guest house may be used as a second rental unit. * No expense has been spared in this massive gut renovation which maintains the historic integrity of a classic Brooklyn style, while adding modern and high-tech details. The building style is quintessential Old Italian architecture, while the interior and overall infrastructure are filled with new avant-garde design. For example, the main living room has a spectacular set of floating stairs that leads to the 2nd floor office and the front porch has been fitted with a custom heated and air-conditioned doghouse. This ultra modern residence is simply one of a kind and is priced as such. The entire complex is available furnished or unfurnished.  More Less 

Facts

  • Condo
  • Built in 1920
  • Views: 10,262 all time views
  • Cooling: Central
  • Laundry: In Unit
  • Parking: 4 spaces
  • Last sold: Apr 2005 for $1,200,000

Features

  • Attic
  • Barbecue
  • Cable Ready
  • Ceiling Fan
  • Deck
  • Double Pane/Storm Windows
  • Fenced Yard
  • Fireplace
  • Flooring: Hardwood, Other
  • Furnished
  • Garden
  • Gated Entry
  • Hot Tub/Spa
  • Intercom
  • Jetted Tub
  • Mother-in-Law Apartment
  • Patio
  • Pool
  • Porch
  • Security System
  • Skylight
  • Wet Bar
  • Wired

Additional Features

  • Borough: Brooklyn
  • Block Number: 5968
  • Lot Number: 24
  • Total Charges: 12931

Appliances Included

  • Dishwasher
  • Dryer
  • Microwave
  • Range / Oven
  • Refrigerator
  • Trash compactor
  • Washer

Room Types

  • Dining room
  • Family room
  • Laundry room
  • Master bath
  • Mud room
  • Office
  • Pantry
  • Recreation room
  • Walk-in closet

Construction

  • Room count: 20
  • Stories: 3
  • Unit count: 2

Other

  • Floor size: 5,339 sqft
  • Heating: Gas
  • Last remodel year: 1920
  • Lot depth: 109
  • Lot width: 50
  • Parcel #: 059680024
  • Zillow Home ID: 30696806

Zestimate Details

Zestimate
A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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$2,730,470
+$4,292 Last 30 days
$2.48M
$3.03M
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$3,064/mo
+$162 Last 30 days
$1.9K
$6.1K
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Comparable Homes

Homes like this sold for $2.35M.

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Mortgages

Neighborhood: Bay Ridge

Zillow predicts Bay Ridge home values will increase 1.2% next year, compared to a 2% rise for New York as a whole. Among Bay Ridge homes, this home is valued 274.8% more than the midpoint (median) home, but is valued 13.2% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In Bay Ridge, the number of foreclosures waiting to be sold is 25% less than in New York, and 94.3% lower than the national average. This lower local number could help Bay Ridge home values rise more quickly than other regions in New York.

Learn more about forecast calculations or Bay Ridge home values.
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