NOT LISTED FOR SALE

Estimated Value: $1,763,000 - $2,687,000

5 Beds
4.5 Baths
4,098 Sq Ft
$579/Sq Ft Est. Value

Last Sold May 11, 2022

Last sale price $2,400,000 $586 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $13,429/month

35 Days on Market

About This Home

As of May 2022

Extraordinary two family, four story brownstone in Stuyvesant Heights! This home is 21 feet wide and is 57 feet deep, situated on an oversized lot measuring 21X120, a front as well as a back garden. 117 MacDonough Street is one of nine uniformly designed houses that constitute one of the two earliest masonry rows in the Historic Land-marked area. This home was built in the Italianate style in 1872 and It's is graciously adorned with many original details including: 7 gorgeous marble fireplaces, wedding cake moldings, floor to ceiling windows, soaring ceilings, original ornate woodwork, lattice boarded hardwood floors, original pocket doors, parlor doors, many ceiling medallions, beautifully carved post, handrails and balusters adorn the entire staircase that carries you through the four levels. This stately home is one of nine properties that ESTABLISHED the pattern for the entire Historic Land-marked area. This Southern Facing townhouse gets amazing sunlight, it has been thoughtfully preserved and offers a flexible layout. The 4,098 square feet provides endless possibilities including additional rental income. Homes in this pocket of historic section of Bedford Stuyvesant do not come available often and this is a great opportunity to own a stunning home. At 117 MacDonough Street you can enjoy the classic serenity of brownstone living and at the same time experience the energy of a culturally diverse community with excellent dining establishments, cafes, and lounges. Near-by subways include the A and the C lines with a very quick commute to Manhattan. This is truly the opportunity of a lifetime!

Last Agent to Sell the Property

Rodolfo Lucchese

Corcoran Group License #30LU1052045 Listed on: 11/15/2021

Corcoran Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,424

Lot Details

  • 2,526

Home Design

Interior Spaces

  • 4,098 Sq Ft Home
  • 4-Story Property
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 5 Bedrooms

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,424

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 4098.0
  • Living Area Units: Square Feet
  • Rooms (Total): 12

Beds/Baths

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

Garage/Parking

  • Garage: No

Building Info

  • Units: 2
  • Total Stories: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2021
Closed on
May 11, 2022
Sold by
Mcpherson Paul
Bought by
Smith Kristin and Smith Phillip
Seller's Agent
Rodolfo Lucchese
Corcoran Group
List Price
$2,699,000
Sold Price
$2,400,000
Premium/Discount to List
-$299,000
-11.08%
Current Estimated Value
$2,373,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,000
Avg. Annual Appreciation
0.33%
Original Mortgage
$2,828,000
Outstanding Balance
$2,690,753
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$264,420

Purchase Details

Closed on
Jan 22, 2008
Sold by
Lobban Waldermar X and Mcpherson Paul
Bought by
Mcpherson Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,081
Interest Rate
6.2%

Purchase Details

Closed on
Nov 30, 2007
Sold by
Lobban Waldermar X
Bought by
Lobban Waldermar X and Mcpherson Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,081
Interest Rate
6.2%

Purchase Details

Closed on
Oct 28, 2005
Sold by
King David
Bought by
Lobban Waldemar Xavier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2004
Sold by
Ferguson Adanette
Bought by
King David

Purchase Details

Closed on
Feb 24, 2004
Sold by
Ferguson Michael
Bought by
King David

Purchase Details

Closed on
Feb 18, 2004
Sold by
Ferguson Marie
Bought by
King David
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
Smith Kristin $2,400,000 --
Mcpherson Paul -- --
Mcpherson Paul -- --
Lobban Waldermar X -- --
Lobban Waldermar X -- --
Lobban Waldemar Xavier $860,000 --
Lobban Waldemar Xavier $860,000 --
King David $180,562 --
King David $180,562 --
King David $95,000 --
King David $95,000 --
King David $190,000 --
King David $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Kristin $2,828,000
Previous Owner Mcpherson Paul $745,401
Previous Owner Mcpherson Paul $29,081
Previous Owner Lobban Waldemar Xavier $750,000
Closed Mcpherson Paul $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2022 05/11/22 Sold $2,400,000 -11.1% $586 / Sq Ft
01/18/2022 01/18/22 For Sale $2,699,000 -- $659 / 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 $9,424 $167,160 $18,960 $148,200
2024 $9,424 $159,780 $18,960 $140,820
2023 $9,102 $152,820 $18,960 $133,860
2022 $6,442 $146,880 $18,960 $127,920
2021 $8,686 $119,520 $18,960 $100,560
2020 $4,310 $144,960 $18,960 $126,000
2019 $8,180 $115,440 $18,960 $96,480
2018 $7,613 $37,347 $4,835 $32,512
2017 $7,309 $35,854 $6,959 $28,895
2016 $6,875 $34,393 $9,012 $25,381
2015 $2,988 $34,333 $10,111 $24,222
2014 $2,988 $30,889 $9,557 $21,332
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10770677

Real Estate Board of New York (REBNY)

APN: 01852-0056