NOT LISTED FOR SALE

1131 Jefferson Ave Brooklyn, NY 11221

Bushwick Neighborhood

Estimated Value: $999,611 - $1,351,000

-- Bed
-- Bath
3,600 Sq Ft
$336/Sq Ft Est. Value

Last Sold August 11, 2020

Last sale price $875,000 $243 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $6,860/month

78 Days on Market

About This Home

As of August 2020

Welcome to 1131 Jefferson Avenue, a multi-family home located in Bushwick, between Bushwick Avenue and Evergreen Avenue.The legal two family home is currently configured as three floors(three apartments) plus a cellar a total of 2700 square feet. The building has updated electrical and there is a solar panel system on the roof. The seller is looking for CASH offers only.This property is built as 20'x45' and on an expansive lot that is 20'x100' with zoning R6. 1131 Jefferson Avenue, located in prime Bushwick is in close proximity to shops, restaurants and the J train Halsey Street stop making it ideal for commuters. Bushwick has been named one of the Top 20 neighborhoods to watch out for in 2020 and this is a special opportunity for either investor or end user.

Last Agent to Sell the Property

Gavriel Ilyabayev

Douglas Elliman Real Estate License #10301217187 Listed on: 01/26/2020

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,332

Year Built

  • Built in 1905

Lot Details

  • 2,004

Interior Spaces

  • 3-Story Property

Community Details

  • 3 Units
  • Busk Subdivision

Listing and Financial Details

  • Legal Lot and Block 46 / 3381

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,332

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Cross Street: Bushwick Ave
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: BUSK
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Garage/Parking

  • Garage: No

Building Info

  • Units: 3
  • Total Stories: 3
  • Year Built: 1905

Tax Info

  • Tax Block: 3381
  • Tax Lot: 46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2020
Closed on
Aug 7, 2020
Sold by
Sellman Vernon
Bought by
Peregrina Javier
Seller's Agent
Gavriel Ilyabayev
Douglas Elliman Real Estate
List Price
$999,000
Sold Price
$875,000
Premium/Discount to List
-$124,000
-12.41%
Current Estimated Value
$1,207,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,903
Avg. Annual Appreciation
6.59%

Purchase Details

Closed on
Dec 2, 2005
Sold by
Sellman Okera and Sellman Vernon
Bought by
Sellman Vernon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,000
Interest Rate
6.34%

Purchase Details

Closed on
Apr 9, 2004
Sold by
Sellman Vernon
Bought by
Sellman Okera and Sellman Vernon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,728
Interest Rate
5.4%

Purchase Details

Closed on
Jul 3, 2003
Sold by
Mel Martinez/Secretary Of Housing And Ur
Bought by
Sellman Vernon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
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
Peregrina Javier $875,000 --
Peregrina Javier $875,000 --
Sellman Vernon -- --
Sellman Vernon -- --
Sellman Okera -- --
Sellman Okera -- --
Sellman Vernon $340,000 --
Sellman Vernon $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sellman Vernon $51,725
Previous Owner Sellman Vernon $387,000
Previous Owner Sellman Okera $304,885
Previous Owner Sellman Okera $8,728
Previous Owner Sellman Vernon $255,000
Closed Sellman Okera $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2020 08/11/20 Sold $875,000 -12.4% $243 / Sq Ft
04/14/2020 04/14/20 Pending -- -- --
01/26/2020 01/26/20 For Sale $999,000 -- $278 / 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 $3,332 $73,260 $11,880 $61,380
2024 $3,332 $86,220 $11,880 $74,340
2023 $1,618 $87,300 $11,880 $75,420
2022 $1,392 $71,460 $11,880 $59,580
2021 $1,379 $67,500 $11,880 $55,620
2020 $808 $59,340 $11,880 $47,460
2019 $2,599 $59,340 $11,880 $47,460
2018 $2,362 $13,046 $2,792 $10,254
2017 $2,214 $12,330 $3,118 $9,212
2016 $2,018 $11,643 $3,975 $7,668
2015 $1,183 $11,643 $3,256 $8,387
2014 $1,183 $11,520 $3,863 $7,657
Source: Public Records

Agents Affiliated with this Home

  • Gavriel Ilyabayev

    Seller's Agent in 2020

    Gavriel Ilyabayev

    Douglas Elliman Real Estate

    (718) 350-5544

    1 in this area

    22 Total Sales

    Gavriel Ilyabayev
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10622197

Real Estate Board of New York (REBNY)

APN: 03381-0046

New York Kings County Brooklyn 11221 Bushwick

1131 Jefferson Ave, Brooklyn, NY

This home is located at 1131 Jefferson Ave, Brooklyn, NY 11221 since 26 January 2020 and is currently estimated at $1,207,903, approximately $335 per square foot. This property was built in 1905. 1131 Jefferson Ave is a home located in Kings County with nearby schools including P.S. 299 Thomas Warren Field, J.H.S. 291 Roland Hayes, and Excellence Girls Charter School.

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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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