John Izzett and Stephanie Demarfio Izzett bought a home at 80 86th St. in Bay Ridge from Elias Tzavelis for $1.025 million on Dec. 1.

The 1,496-square-foot house was built in 1925.

Mr. Izzett is a partner at Accenture, a global outsourcing company.

He received his B.A. in history at the University of Bristol and received his M.B.A in information systems from Fordham University Graduate School of Business Administration.

According to BlockShopper.com, there have been 257 home sales in Bay Ridge during the past 12 months, with a median sales price of $530,000.

Address: 80 86th Street
Buyer(s): Izzett, John, Demarfio-Izzett and Stephanie
Seller(s): Tzavelis and Elias
Sale date: Dec. 1, 2010