NOT LISTED FOR SALE

Estimated Value: $1,230,000 - $2,089,000

5 Beds
4 Baths
4,056 Sq Ft
$401/Sq Ft Est. Value

Sale Details

Date Sold: January 13, 2016

Last sale price $1,405,000 $346 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $9,475 / mo

111 Days on Market

Highlights

  • Pre War Building
  • Intercom
  • Garden
  • Terrace
  • Building Terrace
  • 3-minute walk to Irving Square Park

About This Home

As of January 2016

Be the first to live in this 20-by-52-foot modern townhouse located in trendy Bushwick.
A three-story, two- property with a huge three-bedroom owners duplex above an additional income-generating rental unit, this home has been meticulously gut renovated, outfitted with high-end finishes and stylish design elements throughout.

The enormous three-bedroom, 2.5-bath owners duplex spans the entire parlor level and top floor. The wide-open living/dining room is a grand entertaining space with wide-plank wood floors complemented by recessed lighting and large windows letting in an abundance of natural light. The vented open chefs kitchen features a sleek design with a central island, lots of modern cabinetry, Viking and Liebher appliances, all seamlessly built in. Sliding glass doors lead out to the serene rear garden, while a striking staircase goes up to the next level, the setting for the three bedrooms, providing a nice separation of space. High ceilings and large windows run throughout every bedroom, accompanied by spa-like tiled baths with soaking tubs and skylights. The master suite has a huge walk-in closet and en-suite bath with a double vanity and additional closet space.

The garden rental is a two-bedroom, one-bath apartment with a finished basement and direct access to the backyard, generating approximately $2,300/month in rental income. The majestic rear garden can be divided up for separate use with private access from each apartment, or shared as one oversize urban oasis. The painstaking renovation upgraded this home with a full suite of modern amenities, including central heating/air, laundry hook-ups, FIOS and cable wiring, security cameras, all-new mechanicals and tons of storage space. The ideal location is a quiet block in rapidly developing Bushwick, a short stroll from hip new restaurants and bars like Nowadays and Houdini Kitchen Laboratory, with Irving Square Park just around the corner. The Halsey J and Wilson and Halsey L train stops are nearby, taking you straight into Manhattan. With very low annual taxes, this is an exceptional investment opportunity.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Home Design

  • Pre War Building
  • Entry on the 3rd floor

Interior Spaces

  • 4,056 Sq Ft Home
  • 3-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Terrace
  • Garden
  • Central Air

Community Details

Overview

  • 2 Units
  • Bushwick Subdivision

Amenities

  • Building Terrace

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Wilson Ave and Central Ave
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Bushwick
  • Architectural Style: Prewar
  • Entry Level: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Dryer, Washer
  • Equipment (Other): Intercom
  • Living Area: 4056.0
  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Integer: 4
  • Bedrooms: 5

Exterior Features

  • Exterior Features: Garden
  • Patio/Porch Features: Building Terrace, Terrace

Utilities

  • Cooling: Building Cooling, Central Air
  • Cooling: Yes

Building Info

  • Units: 2
  • Total Stories: 3
  • Year Built: 1925

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 16, 2020
Sold by
Bought by
Current Estimated Value
$1,626,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,181,250
Interest Rate
0.028%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 24, 2015
Closed on
Jan 13, 2016
Sold by
Bought by
List Price
$1,405,000
Sold Price
$1,405,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.40%
Original Mortgage
$956,250
Interest Rate
0.0398%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 2014
Sold by
Bought by

Purchase Details

Closed on
Feb 13, 2007
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
$538,000
Interest Rate
0.0627%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 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
$274,000
Interest Rate
0.0658%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2005
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
$100,000
Interest Rate
0.0563%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

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
$1,575,000 --
$1,405,000 --
$295,000 --
$538,000 --
-- --
-- --
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
Open $1,181,250
Previous Owner $956,250
Previous Owner $538,000
Previous Owner $274,000
Previous Owner $100,000
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
01/13/2016 01/13/16 Sold $1,405,000 0.0% $346 / Sq Ft
12/14/2015 12/14/15 Pending -- -- --
08/24/2015 08/24/15 For Sale $1,405,000 -- $346 / 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 $7,333 $128,760 $9,060 $119,700
2025 $7,305 $107,100 $9,060 $98,040
2024 $7,305 $91,020 $9,060 $81,960
2023 $7,204 $91,920 $9,060 $82,860
2022 $6,825 $90,120 $9,060 $81,060
2021 $6,788 $69,600 $9,060 $60,540
2020 $3,183 $66,300 $9,060 $57,240
2019 $6,340 $66,300 $9,060 $57,240
2018 $6,026 $29,559 $3,202 $26,357
2017 $5,886 $28,874 $3,982 $24,892
2016 $5,641 $28,216 $5,253 $22,963
2015 $1,345 $11,146 $2,862 $8,284
2014 $1,345 $11,046 $3,390 $7,656
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10100525

Real Estate Board of New York (REBNY)

APN: 03411-0011

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