NOT LISTED FOR SALE

1054 Sterling Place Brooklyn, NY 11213

Crown Heights Neighborhood

Estimated Value: $1,572,000 - $2,292,000

-- Bed
-- Bath
2,720 Sq Ft
$674/Sq Ft Est. Value

Last Sold October 03, 2018

Last sale price $1,530,000 $562 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $10,115/month

74 Days on Market

About This Home

As of October 2018

1054 Sterling place is available for the first time in 14 years! This gorgeous four-story brick townhouse is 20-foot-wide, with four apartments.

A townhouse on a beautiful block near a good train never goes out of fashion. 1054 Sterling is just three streets from the 3 train on Eastern Parkway. It's 5 minutes from Park Slope and 20 minutes from Manhattan.

Each apartment boasts the full floor and has 2 to 3 bedrooms. Apartment 1 features the entire private garden, apartment 2 has a private deck and there are convenient stairs to the roof for a potential roof deck.

This building has two separate entry doors which easily allows you to duplex Apt. 1 with Apt 2 or easily duplex Apt. 3 with Apt. 4.

Contact the listing broker for complete details!

Last Agent to Sell the Property

Bren Salamon

Douglas Elliman Real Estate License #10301209524 Listed on: 06/18/2018

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,197

Home Design

Interior Spaces

  • 2,720 Sq Ft Home
  • 4-Story Property

Community Details

  • 4 Units
  • Crownhei Subdivision

Listing and Financial Details

  • Tax Block 1250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,197

Lot Details

0

Listing Details

  • Cross Street: Brooklyn Ave
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: CROWNHEI
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Living Area: 2720.0
  • Living Area Units: Square Feet

Garage/Parking

  • Garage: No

Utilities

  • Heating: Building Natural Gas

Building Info

  • Units: 4
  • Total Stories: 4

Tax Info

  • Tax Block: 1250

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2018
Closed on
Sep 26, 2018
Sold by
Brown Nia M and Brown Paul Thacker
Bought by
East Crown Realty Llc
Seller's Agent
Bren Salamon
Douglas Elliman Real Estate
List Price
$1,599,000
Sold Price
$1,530,000
Premium/Discount to List
-$69,000
-4.32%
Current Estimated Value
$1,833,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,859
Avg. Annual Appreciation
2.60%
Original Mortgage
$806,806
Outstanding Balance
$703,583
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,130,276

Purchase Details

Closed on
Jun 15, 2015
Sold by
Brown Nia M and Brown Paul Miriam
Bought by
Brown Nia M and Brown Paul Miriam

Purchase Details

Closed on
Jan 23, 2004
Sold by
Crossbay Construction Corp
Bought by
Brown Nia M and Brown Paul Miriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
5.67%
Mortgage Type
Commercial

Purchase Details

Closed on
May 15, 2003
Sold by
Chase Manhattan Mortgage Corporation
Bought by
Crossbay Construction Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2001
Sold by
Headley Trevor L Ref and Osbourne Ernesta Miller
Bought by
Chase Manhattan Mortgage

Purchase Details

Closed on
Apr 13, 2000
Sold by
Watson Andrew
Bought by
Rodney Ricardo and Osbourne Earnesta Miller

Purchase Details

Closed on
May 25, 1999
Sold by
Rodney Ricardo and Osbourne Earnesta Miller
Bought by
Watson Andrew

Purchase Details

Closed on
Aug 26, 1997
Sold by
Michaels Raymond
Bought by
Rodney Ricardo N and Miller Osborne Ernesta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,750
Interest Rate
7.46%
Mortgage Type
FHA
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
East Crown Realty Llc $1,530,000 --
Brown Nia M -- --
Brown Nia M $485,000 --
Crossbay Construction Corp $210,000 --
Chase Manhattan Mortgage -- --
Rodney Ricardo -- --
Watson Andrew -- --
Rodney Ricardo N $125,000 Fidelity National Title Ins
Michaels Raymond $150,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open East Crown Realty Llc $806,806
Previous Owner Brown Nia M $388,000
Previous Owner Crossbay Construction Corp $180,000
Previous Owner Michaels Raymond $216,750
Closed Brown Nia M $48,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2018 10/03/18 Sold $1,530,000 -4.3% $563 / Sq Ft
09/03/2018 09/03/18 Pending -- -- --
06/20/2018 06/20/18 For Sale $1,599,000 -- $588 / 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 $6,197 $106,680 $24,180 $82,500
2024 $6,197 $125,520 $24,180 $101,340
2023 $6,266 $131,580 $24,180 $107,400
2022 $6,060 $113,820 $24,180 $89,640
2021 $6,032 $92,520 $24,180 $68,340
2020 $2,829 $82,680 $24,180 $58,500
2019 $5,374 $73,560 $24,180 $49,380
2014 $2,878 $21,427 $11,076 $10,351
Source: Public Records

Agents Affiliated with this Home

  • Bren Salamon

    Seller's Agent in 2018

    Bren Salamon

    Douglas Elliman Real Estate

    (917) 488-2286

    7 in this area

    33 Total Sales

    Bren Salamon
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10436600

Real Estate Board of New York (REBNY)

APN: 01250-0021

New York Kings County Brooklyn 11213 Crown Heights

1054 Sterling Place, Brooklyn, NY

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