NOT LISTED FOR SALE

Estimated Value: $1,705,000 - $3,356,000

7 Beds
1 Bath
5,870 Sq Ft
$429/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $1,250,000 $213 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $13,753/month

89 Days on Market

About This Home

As of July 2021

?There are Few real ?Palaces? left in Brooklyn??.
Whoever said there are no real palaces in Brooklyn has not seen 1000 Ocean Avenue. ?1000 Ocean Avenue? ?..Even the address is regal. This once magnificent and artfully designed Ditmas Park mansion speaks to a buyer who?s vision and craftsmanship can be channeled to restore this magnificent nearly 6000SF home to it?s original grandeur.
Designed by renowned architect George Palliser and built originally as home to a noted Wall Street magnate and his family, this Historic Landmark is a fully detached home which hosts a palatial pillared exterior framing a magnificent parlor, incredible staircase, soaring ceilings and 5 -7 large bedrooms. In addition to having a fully detached carriage house these incomparable grounds also consist of a huge garden and private driveway to accommodate at least 3-4 cars.
Not for the faint hearted, but more for one who?s vision is to live in timeless, historic elegance.
This property is destined for a buyer ready to put in the work necessary to achieve this lofty goal.
This is an historic landmarked property needing full interior and exterior restoration and thus, financing is not preferred. Offered at $1,500,000.00 and priceless in it?s possibilities.

Last Agent to Sell the Property

Vicki Negron

Corcoran Group License #30NE0885770 Listed on: 02/06/2021

Corcoran Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1899

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 2-Story Property
  • Lot Dimensions are 131.0 x 60.0

Community Details

  • Ditmas Park Subdivision

Listing and Financial Details

  • Tax Block 5205

Home Details

Home Type

Single Family

Year Built

Built in 1899

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Ditmas Avenue & Newkirk Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Ditmas Park
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 7

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 131.0 x 60.0

Building Info

  • Units: 1
  • Total Stories: 2
  • Year Built: 1899

Tax Info

  • Tax Block: 5205

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2021
Closed on
Jul 16, 2021
Sold by
Schleicher Bernice
Bought by
Jhangir Asif
Seller's Agent
Vicki Negron
Corcoran Group
List Price
$1,500,000
Sold Price
$1,250,000
Premium/Discount to List
-$250,000
-16.67%
Current Estimated Value
$2,521,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,271,067
Avg. Annual Appreciation
16.21%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Jhangir Asif $1,250,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2021 07/16/21 Sold $1,250,000 -16.7% $213 / Sq Ft
02/06/2021 02/06/21 For Sale $1,500,000 -- $256 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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
2025 $7,636 $53,280 $37,728 $15,552
2024 $7,636 $46,368 $37,728 $8,640
2023 $7,284 $48,300 $39,300 $9,000
2022 $6,755 $52,920 $39,300 $13,620
2021 $7,122 $58,020 $39,300 $18,720
2019 $6,628 $77,820 $39,300 $38,520
2018 $6,093 $29,890 $11,271 $18,619
2017 $5,749 $28,200 $10,634 $17,566
2016 $5,637 $28,200 $9,037 $19,163
2015 $3,209 $27,986 $13,505 $14,481
2014 $3,209 $26,403 $15,287 $11,116
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10697865

Real Estate Board of New York (REBNY)

APN: 05205-0028

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