NOT LISTED FOR SALE

Estimated Value: $1,346,000 - $1,563,000

4 Beds
3 Baths
2,001 Sq Ft
$727/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $1,275,000 $637 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $8,128/month

50 Days on Market

About This Home

As of December 2021

Welcome to 1071 Bushwick Avenue, a 2 Fam Townhouse in prime Bushwick! Set on a 17 x 80' lot with a beautiful brick facade, we invite you to come and explore this charming multi-unit building in the heart of Bushwick. This turn key two-unit building makes a perfect home or income generating property. Enter the upper duplex to discover an open LR/kitchen floorplan, soaring ceiling heights, oversized windows and access to the backyard. The owner's duplex is a sprawling 3 bedroom, 1.5 bath unit with backyard access. The garden floor is an impressive 1.5 bedroom, 1 bath rental unit. Centrally located to restaurants, cafes and bars plus easy access to the Gates Ave subway station, only 2 short blocks away from the property. The upstairs owner's duplex will be delivered vacant and the ground floor unit is occupied at $2,500 monthly. Please call or text to set up a showing today!

Last Agent to Sell the Property

Kas Benebek

Bond New York Properties LLC License #10401238008 Listed on: 08/05/2021

Bond New York Properties LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,473

Year Built

  • Built in 1910

Lot Details

  • 1,350

Home Design

  • Pre War Building

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Community Details

  • 2 Units
  • Bushwick Subdivision

Listing and Financial Details

  • Tax Block 3340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,473

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Cross Street: GATES AVENUE and PALMETTO STREET
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Bushwick
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Rooms (Total): 6

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 4

Garage/Parking

  • Garage: No

Building Info

  • Units: 2
  • Total Stories: 2
  • Year Built: 1910

Tax Info

  • Tax Block: 3340

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2022
Sold by
O'Haleck Haley
Bought by
1071 Bushwick Avenue
Current Estimated Value
$1,455,700

Purchase Details

Listed on
Aug 5, 2021
Closed on
Dec 8, 2021
Sold by
Houghton Holles B and Swindell Patrick
Bought by
O'Haleck Haley E
Seller's Agent
Kas Benebek
Bond New York Properties LLC
List Price
$1,295,000
Sold Price
$1,275,000
Premium/Discount to List
-$20,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.65%
Original Mortgage
$229,212
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 2016
Sold by
Lopez William
Bought by
Houghton Holles and Swindell Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$814,788
Interest Rate
3.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2002
Sold by
Duncan Paul
Bought by
Propertiesinc A and Propertiesinc Matt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.36%

Purchase Details

Closed on
Nov 20, 1997
Sold by
Htb Enterprises Ltd
Bought by
Duncan Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,300
Interest Rate
7.02%
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
1071 Bushwick Avenue -- --
O'Haleck Haley E $1,275,000 --
Houghton Holles $939,000 --
Propertiesinc A -- --
Duncan Paul $75,000 Fidelity National Title Ins
Htb Enterprises Ltd $93,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner O'Haleck Haley E $229,212
Previous Owner Houghton Holles $814,788
Previous Owner Lopez William $325,000
Previous Owner Lopez William $3,845
Previous Owner Lopez William $34,500
Previous Owner Propertiesinc A $145,000
Previous Owner Htb Enterprises Ltd $165,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $1,275,000 -1.5% $637 / Sq Ft
09/25/2021 09/25/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $1,295,000 -- $647 / 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 $4,473 $93,060 $13,020 $80,040
2024 $4,473 $85,560 $13,020 $72,540
2023 $4,349 $97,140 $13,020 $84,120
2022 $4,110 $81,000 $13,020 $67,980
2021 $4,167 $79,800 $13,020 $66,780
2020 $3,125 $66,720 $13,020 $53,700
2019 $3,882 $63,120 $13,020 $50,100
2018 $3,637 $17,844 $4,722 $13,122
2017 $3,497 $17,155 $3,956 $13,199
2016 $3,304 $16,528 $3,671 $12,857
2015 $1,308 $10,846 $3,842 $7,004
2014 $1,308 $10,747 $4,566 $6,181
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10735752

Real Estate Board of New York (REBNY)

APN: 03340-0049