NOT LISTED FOR SALE

1103 Jefferson Ave Brooklyn, NY 11221

Bushwick Neighborhood

Estimated Value: $1,338,000 - $2,191,000

8 Beds
5 Baths
3,600 Sq Ft
$450/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $995,000 $276 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $8,806/month

202 Days on Market

Highlights

  • Property is near public transit
  • Baseboard Heating
  • 4-minute walk to Halsey Street (J Line)

About This Home

As of August 2023

Multi-Family In Bushwick, Excellent Investment Opportunity. Good Rental Income, 3-Levels Plus Finished Basement

Last Agent to Sell the Property

Sergio Buffalino

FIRST FLAG Realty Inc License #30BU0995580 Listed on: 01/13/2023

Last Buyer's Agent

Sergio Buffalino

FIRST FLAG Realty Inc License #30BU0995580 Listed on: 01/13/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,073

Year Built

  • Built in 1905

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20x100
  • Two or More Common Walls

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Frame Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Schools

  • JHS 291 Roland Hayes Middle School
  • Bushwick Community High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • 3-Story Property
  • Property is near public transit
  • Finished Basement

Listing and Financial Details

  • Legal Lot and Block 60 / 3381
  • Assessor Parcel Number 03381-0060

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,073

Year Built

Built in 1905

Lot Details

2,000 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Duplex
  • Property SubType: Multi Family
  • Levels: Three Or More
  • Year Built: 1905
  • New Construction: No
  • BuildingSize: 2700
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 5
  • Basement: Finished
  • Total Bedrooms: 8
  • NumberOfKitchens: 3

Exterior Features

  • Construction Materials: Brick, Frame
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 291 Roland Hayes

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 20x100
  • Lot Size Sq Ft: 2000
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 03381-0060
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-01-16

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 3073
  • Tax Block: 3381
  • Tax Lot: 60
  • Tax Map Number: 03381-0060
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • High School: Bushwick Community Hs
  • Middle School District: Brooklyn 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2024
Sold by
Central Station Homes Llc
Bought by
1103 Jefferson Llc
Current Estimated Value
$1,619,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,720,000
Outstanding Balance
$1,692,658
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$73,421

Purchase Details

Listed on
Jan 13, 2023
Closed on
Aug 29, 2023
Sold by
Cespedes Gladys and Mendez Francia
Bought by
Central Station Homes Llc
Seller's Agent
Sergio Buffalino
FIRST FLAG Realty Inc
Buyer's Agent
Sergio Buffalino
FIRST FLAG Realty Inc
List Price
$1,359,000
Sold Price
$995,000
Premium/Discount to List
-$364,000
-26.78%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.95%

Purchase Details

Closed on
Apr 1, 1998
Sold by
Velazquez Heriberto and Velazquez Agripina
Bought by
Sanchez Francisca and Sanchez Francia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,850
Interest Rate
7.11%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
1103 Jefferson Llc $2,150,000 --
1103 Jefferson Llc $2,150,000 --
Central Station Homes Llc $995,000 --
Central Station Homes Llc $995,000 --
Central Station Homes Llc $995,000 --
Sanchez Francisca $135,000 First American Title Ins Co
Sanchez Francisca $135,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1103 Jefferson Llc $1,720,000
Closed 1103 Jefferson Llc $1,720,000
Previous Owner Sanchez Francisca $133,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2023 08/31/23 Sold $995,000 -26.8% $276 / Sq Ft
08/03/2023 08/03/23 Pending -- -- --
01/13/2023 01/13/23 For Sale $1,359,000 -- $378 / Sq Ft
Source: OneKey® MLS

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 $3,451 $89,940 $11,400 $78,540
2024 $3,451 $85,980 $11,400 $74,580
2023 $3,301 $100,560 $11,400 $89,160
2022 $3,073 $82,320 $11,400 $70,920
2021 $3,066 $64,980 $11,400 $53,580
2019 $2,996 $64,200 $11,400 $52,800
2018 $2,761 $13,543 $2,723 $10,820
2017 $2,615 $12,826 $2,738 $10,088
2016 $2,427 $12,141 $3,500 $8,641
2015 $1,240 $12,141 $3,931 $8,210
2014 $1,240 $11,934 $3,864 $8,070
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Sergio Buffalino

    FIRST FLAG Realty Inc

    (646) 734-0100

    1 in this area

    5 Total Sales

    Sergio Buffalino
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Map

Source: OneKey® MLS

MLS Number: KEY3452338

OneKey® MLS

APN: 03381-0060

New York Kings County Brooklyn 11221 Bushwick

1103 Jefferson Ave, Brooklyn, NY

Not Listed for Sale

MultiFamily

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Based on information submitted to the MLS GRID

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