NOT LISTED FOR SALE

Estimated Value: $2,903,000 - $4,055,018

5 Beds
3.5 Baths
3,224 Sq Ft
$1,075/Sq Ft Est. Value

Last Sold June 27, 2022

Last sale price $3,600,000 $1,117 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $19,789/month

6 Days on Market

Highlights

  • Pre War Building
  • 4-minute walk to Clinton-Washington Avenues (G Line)
  • Community Garden
  • P.S. 20 Clinton Hill Rated A
  • Den
  • 4-minute walk to Underwood Park

About This Home

As of June 2022

Built in 1901 and part of a row of historic townhomes, 116 Willoughby stands tall wrapped in limestone and brick. Currently used as a single-family, this four-story home could transition back to an owner's triplex and income-producing one-bedroom on the garden level.



Immediately as you enter through the front door, you will notice the attention and care that was given to preserving the rich historic details- from the original woodworking in the vestibule and fireplaces to the beautiful stained glass. Character and charm are paired with artful renovations for the perfect modern touch.



The impressive parlor floor has soaring 10'4” ceilings and is a prime place to host, featuring a custom bar, cozy living room with an original fireplace, and dining area. Head back through the renovated open chef's kitchen to the oversized black steel and glass doors which lead out to the upper deck and garden below.



One floor up, the entire third floor is now completely dedicated to the primary suite. The spacious bedroom has a separate sitting area, and a custom-built-out dressing room leads to the zen retreat that is the primary bathroom. This beautifully designed space features a Carrara marble steam shower, freestanding soaking tub, and a custom double vanity designed using the home's original floorboards.



The fourth floor has three more bedrooms and a full bathroom. A separate bonus room would be perfect for an office, playroom, or gym.



Downstairs, the garden level has its own kitchen and full bathroom and can be used as a guest suite, media room, or a separate income-producing one-bedroom apartment with separate access. The cellar houses the new washer and dryer and provides abundant storage.



This home is rich in history. It has been lovingly preserved and meticulously renovated. Please call or email to schedule a tour of this rare Clinton Hill gem!

Last Agent to Sell the Property

Danielle Epstein

CORE Group Marketing LLC License #10301214791 Listed on: 04/01/2022

CORE Group Marketing LLC

Co-Listed By

Doron Zwickel

CORE Group Marketing LLC License #30ZW0873578

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,219

Year Built

  • Built in 1891

Lot Details

  • 1,248 Sq Ft Lot
  • Lot Dimensions are 17.5 x 71.33
  • Garden

Home Design

  • Pre War Building

Interior Spaces

  • 3,224 Sq Ft Home
  • 3-Story Property
  • Den
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms

Community Details

Overview

  • 2 Units
  • Clinton Hill Subdivision

Amenities

  • Community Garden
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,219

Year Built

Built in 1891

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Clinton Hill
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Interior Features: Den, Eat-in Kitchen
  • Living Area: 3224.0
  • Living Area Units: Square Feet
  • Rooms (Total): 10
  • Dining Room Type: Den

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 5

Exterior Features

  • Exterior Features: Building Garden, Garden

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area

Lot Info

  • Lot Size Area: 1248.0
  • Lot Size Dimensions: 17.5 x 71.33

Building Info

  • Units: 2
  • Total Stories: 3
  • Year Built: 1891

Tax Info

  • Tax Block: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2022
Closed on
Jun 27, 2022
Sold by
Allen P Ashley Trustee
Bought by
Mcgraw Brandon and Mcgraw Whitney
Seller's Agent
Danielle Epstein
CORE Group Marketing LLC
List Price
$3,500,000
Sold Price
$3,600,000
Premium/Discount to List
$100,000
2.86%
Current Estimated Value
$3,458,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$141,276
Avg. Annual Appreciation
-0.95%
Original Mortgage
$2,880,000
Outstanding Balance
$2,747,935
Interest Rate
5.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$745,615

Purchase Details

Closed on
Feb 5, 2022
Sold by
Ashley Mary M
Bought by
Allen P Ashley Trustee and Mary Ashley Patel Gift Trust

Purchase Details

Listed on
Mar 31, 2017
Closed on
Aug 31, 2017
Sold by
Sheehan Robert David and Vergucht Maya
Bought by
Ashley Mary M
Seller's Agent
Brian Lewis
Compass
List Price
$3,350,000
Sold Price
$2,900,000
Premium/Discount to List
-$450,000
-13.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.37%

Purchase Details

Closed on
Jun 30, 2011
Sold by
Ross Brent and Ross Nicole Pullen
Bought by
Sheehan Robert David and Vergucht Maya

Purchase Details

Closed on
Jul 3, 1996
Sold by
Elkus Bruce
Bought by
Clark Jon W and Clark Beth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,750
Interest Rate
7.87%
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
Mcgraw Brandon $3,600,000 --
Allen P Ashley Trustee -- --
Ashley Mary M $2,900,000 --
Sheehan Robert David $1,585,000 --
Clark Jon W $267,500 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgraw Brandon $2,880,000
Previous Owner Clark Jon W $263,000
Previous Owner Clark Jon W $261,000
Previous Owner Clark Jon W $240,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2022 06/27/22 Sold $3,600,000 +2.9% $1,117 / Sq Ft
04/08/2022 04/08/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $3,500,000 +20.7% $1,086 / Sq Ft
08/31/2017 08/31/17 Sold $2,900,000 -13.4% $900 / Sq Ft
08/01/2017 08/01/17 Pending -- -- --
03/31/2017 03/31/17 For Sale $3,350,000 -- $1,039 / 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 $10,219 $174,660 $31,800 $142,860
2024 $10,219 $205,500 $31,800 $173,700
2023 $10,131 $222,000 $31,800 $190,200
2022 $7,072 $186,480 $31,800 $154,680
2021 $9,421 $185,400 $31,800 $153,600
2020 $2,189 $181,980 $31,800 $150,180
2019 $8,869 $168,960 $31,800 $137,160
2018 $8,474 $41,570 $9,476 $32,094
2017 $8,024 $39,363 $9,389 $29,974
2016 $7,457 $37,303 $7,563 $29,740
2015 $4,479 $35,332 $10,505 $24,827
2014 $4,479 $35,332 $10,970 $24,362
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10827109

Real Estate Board of New York (REBNY)

APN: 01916-0037