NOT LISTED FOR SALE

Estimated Value: $1,094,000 - $2,682,000

3 Beds
3 Baths
2,075 Sq Ft
$925/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $1,365,000 $658 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $10,771/month

162 Days on Market

Highlights

  • City View
  • Pre War Building
  • 1-minute walk to Admiral Triangle Playground
  • P.S. 58 - The Carroll Rated A
  • Eat-In Kitchen

About This Home

As of September 2018

Seeing this listing on StreetEasy? Scroll to the bottom of the page to the "Listing Provided by..." section or click "Seller's Agent Info" to view the Michael's contact details.

On Nelson Street, off Clinton Street, this three-family townhouse provides a truly exceptional opportunity for a savvy buyer to transform the property into a dream home or high-yield investment. The property is currently configured as three, one-bedroom rental apartments.

The most notable feature of 111 Nelson Street is the truly spectacular natural light afforded to the property. The front of the building has unobstructed southern exposure, the product of a park directly across the street and the open, brutalist architectural urbanscape of Hicks Street.

With a newly improved price (designed to give even more renovation cost flexibility for the buyer) this is an opportunity that will not last! Contact Michael (who is handling all inquiries, correspondence, and showing arrangements) to learn more and schedule a viewing.

Last Agent to Sell the Property

Michael DiMartino

Brownstone Real Estate LLC License #10401303851 Listed on: 03/19/2018

Property Details

Home Type

  • Multi-Family

Lot Details

  • 1,917

Home Design

  • Pre War Building

Interior Spaces

  • 2,075 Sq Ft Home
  • 3-Story Property
  • City Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Window Unit Cooling System

Community Details

  • 3 Units
  • Carroll Gardens Subdivision

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Cross Street: CLINTON ST.
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Carroll Gardens
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Interior Features: Eat-in Kitchen
  • Living Area: 2075.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • View: City, Park/Greenbelt
  • View: Yes

Utilities

  • Cooling: Building Cooling, Window Unit(s)

Building Info

  • Units: 3
  • Total Stories: 3

Tax Info

  • Tax Block: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2018
Closed on
Sep 28, 2018
Sold by
111 Nelson St Llc
Bought by
111 Nelson Development Llc
Seller's Agent
Michael DiMartino
Brownstone Real Estate LLC
List Price
$1,365,000
Sold Price
$1,365,000
Current Estimated Value
$1,918,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$553,667
Avg. Annual Appreciation
4.80%

Purchase Details

Closed on
Sep 3, 2013
Sold by
Coffaro Augustine F
Bought by
111 Nelson St Llc

Purchase Details

Closed on
Jan 18, 2006
Sold by
Coffaro Augustine F and Coffaro Deceased
Bought by
Coffaro Augustine F
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
111 Nelson Development Llc $1,365,000 --
111 Nelson Development Llc $1,365,000 --
111 Nelson Development Llc $1,365,000 --
111 Nelson Development Llc $1,365,000 --
111 Nelson Development Llc $1,365,000 --
111 Nelson Development Llc $1,365,000 --
111 Nelson St Llc -- --
111 Nelson St Llc -- --
111 Nelson St Llc -- --
111 Nelson St Llc -- --
Coffaro Augustine F -- --
Coffaro Augustine F -- --
Coffaro Augustine F -- --
Coffaro Augustine F -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2018 09/28/18 Sold $1,365,000 0.0% $658 / Sq Ft
08/29/2018 08/29/18 Pending -- -- --
03/19/2018 03/19/18 For Sale $1,365,000 -- $658 / 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 $8,615 -- -- --
2024 $8,615 $162,300 $28,320 $133,980
2023 $5,850 $150,900 $28,320 $122,580
2022 $5,678 $127,800 $28,320 $99,480
2021 $5,986 $140,160 $28,320 $111,840
2020 $5,667 $141,720 $28,320 $113,400
2019 $5,321 $134,460 $28,320 $106,140
2018 $4,893 $24,004 $3,778 $20,226
2017 $4,832 $23,704 $5,062 $18,642
2016 $4,118 $23,704 $6,835 $16,869
2015 $2,258 $22,442 $7,085 $15,357
2014 $2,258 $21,198 $7,949 $13,249
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10436438

Real Estate Board of New York (REBNY)

APN: 00376-0044