NOT LISTED FOR SALE

Estimated Value: $1,567,000 - $2,661,000

6 Beds
6 Baths
3,750 Sq Ft
$584/Sq Ft Est. Value

Last Sold March 14, 2024

Last sale price $2,575,000 $687 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $12,616/month

210 Days on Market

About This Home

As of March 2024

This newly constructed 3 family home at 1137 Jefferson Ave in Bushwick, Brooklyn presents a unique opportunity for both homeowners and investors! This stunning property features three distinct units, all of which will be delivered vacant and ready for its new owner.

Unit 1 is a magnificent garden apartment, offering the perfect combination of indoor and outdoor living space. This 2 bed/2 bath unit features extra storage space in the basement and chic finishes throughout.

Unit 2 boasts an elegant, modern aesthetic and offers a spacious floor-through layout. This 2 bed / 2 bath unit is flooded with natural light, featuring 12-foot ceilings, custom barn doors, a gourmet kitchen with stainless steel appliances and private roof deck.

Unit 3 is a true showstopper - the penthouse suite of your dreams! This 2 bed/2 bath offers 20-foot ceilings and floor-to-ceiling windows that provide unparalleled natural light and stunning views. Unit 3 also features custom barn doors, private roof terrace, perfect for entertaining or simply relaxing and unwinding.

Each unit has been thoughtfully designed with custom kitchens with gas range, Bluetooth speakers throughout, central heating and cooling, laundry room, tankless water heaters and unique design details that are sure to impress. Oversized en suite primary baths with stand-alone tubs, double vanity and beautiful walk-in showers make for a luxurious oasis.

Whether you're an owner-occupant looking to live in one unit while renting out the others, or an investor seeking a pure rental property, this building has everything you need. Don't miss out on this incredible opportunity to call 1137 Jefferson Ave home!

Last Agent to Sell the Property

Benjamin Elesh

Corcoran Group License #10491208657 Listed on: 04/03/2023

Corcoran Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,848

Year Built

  • Built in 1905

Lot Details

  • 1,875 Sq Ft Lot
  • Lot Dimensions are 100.00x18.75

Interior Spaces

  • 3,750 Sq Ft Home
  • 3-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Central Air

Community Details

  • 3 Units
  • Bushwick Subdivision

Listing and Financial Details

  • Legal Lot and Block 0043 / 03381

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,848

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property SubType: Townhouse
  • Property Type: Residential
  • Neighborhood: Bushwick
  • Entry Level: 1
  • Structure Type: Townhouse
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Fireplace: No
  • Living Area: 3750.0
  • Living Area Units: Square Feet
  • Rooms (Total): 19
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 6
  • Bathrooms Integer: 6
  • Bedrooms: 6

Exterior Features

  • View: Other
  • View: No
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: In Unit
  • Green Building Features: Green Building
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 1875.0
  • Lot Size Dimensions: 100.00x18.75

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 3
  • Total Stories: 3
  • Year Built: 1905

Tax Info

  • Tax Block: 03381
  • Tax Lot: 0043
  • Tax Annual: 7848.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2023
Closed on
Mar 14, 2024
Sold by
Bmr Equities Inc
Bought by
Iceberg Lounge Llc
Seller's Agent
Benjamin Elesh
Corcoran Group
List Price
$2,750,000
Sold Price
$2,575,000
Premium/Discount to List
-$175,000
-6.36%
Views
225
Current Estimated Value
$2,191,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$383,420
Avg. Annual Appreciation
-10.46%

Purchase Details

Closed on
Jun 13, 2014
Sold by
Murrell Jennifer and Murrell Ranie
Bought by
Bmr Equities Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2005
Sold by
Mcmillian Mark and Mcmillian Auditt
Bought by
Murrell Jennifer and Murrell Ranie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.83%
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
Iceberg Lounge Llc $2,575,000 --
Iceberg Lounge Llc $2,575,000 --
Bmr Equities Inc $480,000 --
Bmr Equities Inc $480,000 --
Murrell Jennifer $300,000 --
Murrell Jennifer $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bmr Equities Inc $1,425,000
Previous Owner Bmr Equities Inc $190,000
Previous Owner Bmr Equities Inc $210,000
Previous Owner Bmr Equities Inc $325,000
Previous Owner Bmr Equities Inc $525,000
Previous Owner Murrell Jennifer $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2024 03/14/24 Sold $2,575,000 -6.4% $687 / Sq Ft
12/30/2023 12/30/23 Off Market $2,750,000 -- --
10/31/2023 10/31/23 Pending -- -- --
06/20/2023 06/20/23 For Sale $2,750,000 0.0% $733 / Sq Ft
06/18/2023 06/18/23 Off Market $2,750,000 -- --
06/09/2023 06/09/23 Price Changed $2,750,000 -3.5% $733 / Sq Ft
04/03/2023 04/03/23 For Sale $2,850,000 -- $760 / 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 $8,103 $99,900 $13,500 $86,400
2024 $8,103 $88,800 $13,500 $75,300
2023 $8,019 $92,460 $14,040 $78,420
2022 $7,718 $75,660 $14,040 $61,620
2021 $7,725 $70,320 $14,040 $56,280
2020 $4,508 $57,420 $14,040 $43,380
2019 $4,456 $54,000 $14,040 $39,960
2018 $4,197 $20,587 $5,576 $15,011
2017 $4,056 $19,898 $5,755 $14,143
2016 $2,653 $13,271 $4,231 $9,040
2015 $1,308 $10,846 $2,869 $7,977
2014 $1,308 $10,747 $3,411 $7,336
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10940432

Real Estate Board of New York (REBNY)

APN: 03381-0043