NOT LISTED FOR SALE

Estimated Value: $1,043,197 - $1,246,000

5 Beds
2 Baths
3,368 Sq Ft
$329/Sq Ft Est. Value

Last Sold December 08, 2023

Last sale price $995,000 $295 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,006/month

70 Days on Market

Highlights

  • Wood Flooring
  • 2-minute walk to Ralph Avenue
  • Built-In Features
  • High Ceiling
  • No HOA
  • Crown Molding

About This Home

As of December 2023

Welcome to 1002 Herkimer Street, a semi-detached two-family home with original detail and charm. The home features an owner’s duplex with two-bedroom rental unit above. The building is 18ft x 35ft and sits on a 18ft x 80ft lot. The home is filled with original details such as oversized windows, moldings, decorative staircases, and high ceilings waiting to be restored. The property has approved plans, allowing you to save time and money on renovations.

1002 Herkimer Street is conveniently located near the C, A, J, and Z subway lines and numerous restaurants, cafes, and playgrounds. Please reach out for any additional information or to schedule a showing.

Last Agent to Sell the Property

Danielle Mickiewicz

Compass License #10301219086 Listed on: 08/08/2023

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,368

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 18.000000x80.000000
  • Front Yard

Interior Spaces

  • 3,368 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Decorative Fireplace
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association
  • 2 Units
  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Legal Lot and Block 14 / 01557

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,368

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Bedford-Stuyvesant
  • Entry Level: 1
  • Structure Type: House
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Features: Built-in Features, Crown Molding, High Ceilings
  • Fireplace Features: Decorative, Other
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Living Area: 3368.0
  • Living Area Units: Square Feet
  • Rooms (Total): 11
  • Basement: Yes
  • Basement: Full

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 5

Exterior Features

  • Patio/Porch Features: Patio

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: See Remarks
  • Cooling: No
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: None
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Features: Front Yard
  • Lot Size Dimensions: 18.000000x80.000000

Building Info

  • New Construction: No
  • Units: 2
  • Total Stories: 2
  • Year Built: 1910

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 01557
  • Tax Lot: 14
  • Tax Annual: 1368.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2023
Closed on
Dec 8, 2023
Sold by
At First Site Capital Partners Llc
Bought by
Thiam Maymouna
Seller's Agent
Danielle Mickiewicz
Compass
List Price
$1,100,000
Sold Price
$995,000
Premium/Discount to List
-$105,000
-9.55%
Views
1561
Current Estimated Value
$1,075,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,097
Avg. Annual Appreciation
6.77%
Original Mortgage
$796,000
Outstanding Balance
$783,725
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$325,659

Purchase Details

Closed on
Aug 11, 2022
Sold by
Morales Leopoldo
Bought by
At First Site Capital Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$639,375
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Thiam Maymouna $995,000 --
At First Site Capital Partners Llc $775,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thiam Maymouna $796,000
Previous Owner At First Site Capital Partners Llc $639,375
Previous Owner At First Site Capital Partners Llc $325,000
Previous Owner Morales Leopoldo $305,000
Previous Owner Morales Leopoldo $0
Previous Owner Morales Leopoldo $136,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2023 12/08/23 Sold $995,000 -9.5% $295 / Sq Ft
10/17/2023 10/17/23 Pending -- -- --
08/08/2023 08/08/23 For Sale $1,100,000 -- $327 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

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 $1,439 $63,780 $13,080 $50,700
2024 $1,439 $50,400 $13,080 $37,320
2023 $1,375 $61,860 $13,080 $48,780
2022 $1,280 $62,040 $13,080 $48,960
2021 $1,273 $54,060 $13,080 $40,980
2020 $955 $57,840 $13,080 $44,760
2019 $1,249 $47,460 $13,080 $34,380
2018 $1,150 $5,641 $1,772 $3,869
2017 $1,089 $5,342 $1,900 $3,442
2016 $1,008 $5,042 $2,013 $3,029
2015 $388 $5,023 $2,466 $2,557
2014 $388 $4,976 $2,590 $2,386
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10946978

Real Estate Board of New York (REBNY)

APN: 01557-0014