NOT LISTED FOR SALE

Estimated Value: $6,799,000 - $7,258,011

6 Beds
3 Baths
5,000 Sq Ft
$1,398/Sq Ft Est. Value

Sale Details

Date Sold: January 11, 2024

Last sale price $7,250,000 $1,450 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $40,740 / mo

48 Days on Market

About This Home

As of January 2024

Spanning 25' wide and 50' deep on five floors, including a pitched attic with over 12' ceilings at its peak, 116 Pierrepont Street is a spacious and gracious legal two unit townhouse used as a one family with a parlor floor kitchen, 6 bedrooms, 2 smaller offices and 3 full baths waiting for your vision.

Grand proportions, high ceilings, and large windows with excellent light abound. Numerous original details include six fireplace mantles, inlaid parquet floors, ornamental light fixtures, original shutters, doors and mouldings, etched and stained glass, and coffered ceilings quietly express the charm and history of this beautiful townhouse.

The South facing garden, surrounded by bluestone pavers, is quiet, private and lush as it sits on a 100' lot neighbored by a bubbling fountain.

A full cellar offers tons of storage and/or can be converted to a gym or rec room. Level floors and a solid structure add to the appeal here. 116 Pierrepont Street is ready for you to imagine, design and transform. Ask your architect about FAR to expand.

Sitting on an idyllic block in leafy Brooklyn Heights near local schools, parks and the famed Brooklyn Heights Promenade, 116 Pierrepont Street is a block from Montague Street with its charming shops, restaurants and subways. Just one stop from Lower Manhattan, it's hard to find a better location.

Shown by Appointment Only.

Last Agent to Sell the Property

Cara Sadownick

Corcoran Group License #10301204573 Listed on: 06/29/2023

Corcoran Group

Last Buyer's Agent

Eric Sidman

Compass License #10301208200

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $42,132

Year Built

  • Built in 1901

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 100.00x25.00

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3-Story Property
  • Decorative Fireplace
  • Laundry in unit

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Cooling

Community Details

  • 2 Units
  • Brooklyn Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 0041 / 00243

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$42,132

Year Built

Built in 1901

Lot Details

2,500 Sq Ft Lot

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Brooklyn Heights
  • Entry Level: 1
  • Structure Type: Townhouse
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Interior Features: Smoke Free
  • Fireplace Features: Decorative
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • 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: No

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 2500.0
  • Lot Size Dimensions: 100.00x25.00

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 2
  • Total Stories: 3
  • Year Built: 1901

Tax Info

  • Tax Block: 00243
  • Tax Lot: 0041
  • Tax Annual: 42132.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2023
Closed on
Jan 11, 2024
Sold by
Saint Ann'S School
Bought by
Krm Brooklyn Llc
Seller's Agent
Cara Sadownick
Corcoran Group
Buyer's Agent
Eric Sidman
Compass
List Price
$7,250,000
Sold Price
$7,250,000
Views
331
Current Estimated Value
$6,990,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$259,996
Avg. Annual Appreciation
-1.60%

Purchase Details

Listed on
Sep 12, 2019
Closed on
Feb 18, 2021
Sold by
Elizabeth Van Orman Dupress Co-Executor and Margaret Van Orman Higgins Co-Executor
Bought by
Saint Ann'S School
Seller's Agent
Ravi Kantha
Serhant
List Price
$6,995,000
Sold Price
$4,985,000
Premium/Discount to List
-$2,010,000
-28.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.79%
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
Krm Brooklyn Llc $7,250,000 --
Krm Brooklyn Llc $7,250,000 --
Saint Ann'S School $4,985,000 --
Saint Ann'S School $4,985,000 --
Saint Ann'S School $4,985,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/11/2024 01/11/24 Sold $7,250,000 0.0% $1,450 / Sq Ft
08/17/2023 08/17/23 Pending -- -- --
06/29/2023 06/29/23 For Sale $7,250,000 +45.4% $1,450 / Sq Ft
02/18/2021 02/18/21 Sold $4,985,000 -28.7% $997 / Sq Ft View Prior Sale
09/12/2019 09/12/19 For Sale $6,995,000 -- $1,399 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $44,160 $492,600 $91,320 $401,280
2024 $44,160 $470,940 $91,320 $379,620
2023 $42,126 $476,820 $91,320 $385,500
2022 $40,534 $466,200 $91,320 $374,880
2021 $42,731 $483,000 $91,320 $391,680
2020 $20,170 $585,660 $91,320 $494,340
2019 $38,036 $478,380 $91,320 $387,060
2018 $34,939 $172,854 $40,013 $132,841
2017 $34,193 $169,204 $41,457 $127,747
2016 $33,516 $169,204 $50,240 $118,964
2015 $19,033 $161,846 $48,388 $113,458
2014 $19,033 $152,686 $38,802 $113,884
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10926696

Real Estate Board of New York (REBNY)

APN: 00243-0041

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