NOT LISTED FOR SALE
13 Beds
4.5 Baths
4,378 Sq Ft
2,000 Sq Ft Lot

Sale Details

Date Sold: February 19, 2021

Last sale price $2,269,000 $518 Per Sq Ft

408 Days on Market

Highlights

  • Rooftop Deck
  • 5-minute walk to Halsey Street (J Line)
  • Central Air
  • Garden

About This Home

As of February 2021

PHOTOS COMING SOON! Incredible opportunity to own a newly constructed, legal four-family townhouse with a 15-year J51 tax abatement. 1117 Jefferson Avenue is built 20ft x 51ft with 5,564 sq. ft. over four (4) stories plus the cellar. All units feature hardwood flooring, stainless steel appliances, shaker cabinetry in the kitchens, Caesarstone countertops and a subway tile backsplash. In addition to private outdoor space for units 1, 2 and 4 there is a spacious common roof deck for the building.

Unit 1 is a three bedroom (3BR)/ 1.5Bath with an expansive recreation room and access to half of the backyard. Unit 2 is a simplex comprised of three bedrooms (3BR)/1.5 Baths with access to the second half of the back yard. Unit 3 is a simplex three bedroom (3BR)/1Bath. Unit 4 is a five bedroom (5BR)/ two bath (2Bath) with a large skylight, flooding the units with sunshine, and a private roof deck. The projected rent role is approx. $190,200, which results in a cap rate that is over 6%

Transportation is a breeze with nearby J, M, Z and L trains making the commute to downtown Manhattan approximately 25 minutes. The local neighborhood offers a plethora of restaurants, nightlife and cultures venues. Local attractions include The Platform Bar, Anda Lucia Bar, The Wilky Bar, Toad Style Restaurant, Macdonough Café, Covert Coffee, Image Gallery, Stale Mater Gallery and many more!

Last Agent to Sell the Property

John Harrison

CORE Group Marketing LLC License #10301208734 Listed on: 07/22/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20.0 x 100.0
  • Garden

Home Design

  • 4,378 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 13 Bedrooms

Utilities

  • Central Air

Community Details

Overview

  • 4 Units
  • Bushwick Subdivision
  • 5-Story Property

Amenities

  • Rooftop Deck
  • Community Garden

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

2,000 Sq Ft Lot

Listing Details

  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: Bushwick
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 5

Interior Features

  • Living Area: 4378.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathrooms Integer: 5
  • Bedrooms: 13

Exterior Features

  • Exterior Features: Building Garden, Building Roof Deck, Garden

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Area: 2000.0
  • Lot Size Dimensions: 20.0 x 100.0

Building Info

  • Units: 4
  • Total Stories: 5
  • Year Built: 1905

Tax Info

  • Tax Block: 0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
0.0309%
Mortgage Type
Assumption

Purchase Details

Listed on
Jul 22, 2019
Closed on
Mar 19, 2021
Sold by
Bought by
Seller's Agent
John Harrison
CORE Group Marketing LLC
List Price
$2,695,000
Sold Price
$2,269,000
Premium/Discount to List
-$426,000
-15.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,460
Interest Rate
0.028%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 22, 2019
Closed on
Feb 17, 2021
Sold by
Bought by
Seller's Agent
John Harrison
CORE Group Marketing LLC
List Price
$2,695,000
Sold Price
$2,269,000
Premium/Discount to List
-$426,000
-15.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,460
Interest Rate
0.028%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 7, 2016
Closed on
Sep 12, 2017
Sold by
Bought by
Seller's Agent
Jessica Peters
Douglas Elliman Real Estate
List Price
$2,985,000
Sold Price
$2,750,000
Premium/Discount to List
-$235,000
-7.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.44%
Original Mortgage
$1,223,475
Interest Rate
0.039%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
0.0395%

Purchase Details

Closed on
May 24, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
0.0503%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
0.0632%

Purchase Details

Closed on
Feb 9, 2004
Sold by
Bought by

Purchase Details

Closed on
Aug 24, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
0.067%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 26, 1996
Sold by
Bought by

Purchase Details

Closed on
Nov 21, 1995
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
-- --
-- --
$2,269,000 --
$2,750,000 --
-- --
$266,000 --
$650,000 --
$250,000 --
$137,500 --
$160,000 Stewart Title Insurance Co
$106,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner --
Previous Owner $282,460
Previous Owner $12,173,021
Previous Owner $1,223,475
Previous Owner $133,000
Previous Owner $807,000
Previous Owner $60,000
Previous Owner $200,000
Previous Owner $585,000
Closed $174,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/20/2022 04/20/22 Off Market $2,750,000 -- --
02/19/2021 02/19/21 Sold $2,269,000 -15.8% $518 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
07/19/2019 07/19/19 For Sale $2,695,000 -2.0% $616 / Sq Ft
09/14/2017 09/14/17 Sold $2,750,000 -7.9% $628 / Sq Ft View Prior Sale
08/15/2017 08/15/17 Pending -- -- --
09/30/2016 09/30/16 For Sale $2,985,000 -- $682 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,558 $542,250 $45,000 $497,250
2025 $2,678 $498,600 $45,000 $453,600
2024 $2,678 $415,350 $45,000 $370,350
2023 $2,660 $385,650 $45,000 $340,650
2022 $2,399 $415,800 $45,000 $370,800
2021 $0 $332,550 $45,000 $287,550
2020 $0 $318,600 $45,000 $273,600
2019 $0 $297,000 $45,000 $252,000
2018 $1,990 $46,663 $8,484 $38,179
2017 $5,771 $45,370 $9,551 $35,819
2016 $2,461 $19,093 $741 $18,352
2015 $1,403 $12,818 $3,928 $8,890
2014 $1,403 $11,520 $3,902 $7,618
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10825872

Real Estate Board of New York (REBNY)

APN: 03381-0053

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