NOT LISTED FOR SALE

Estimated Value: $1,355,000 - $1,524,000

4 Beds
3 Baths
2,700 Sq Ft
$535/Sq Ft Est. Value

Last Sold February 27, 2023

Last sale price $1,325,000 $491 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $8,083/month

46 Days on Market

About This Home

As of February 2023

1174 Jefferson Avenue is a 20' wide two-family, three story, handsomely renovated townhouse on a lovely tree-lined street in Bushwick.

The 3 bedroom/2 bath upper duplex unfolds over more than 1,700 square feet of gracious living space. Soaring 11' ceilings, over-sized windows, 4 decorative fireplaces, and a stairwell skylight bring a peaceful elegance to the home.

On the parlor floor you'll find a large living room, a spacious interior sitting room, a dining room, a windowed galley kitchen, and a full bath. Upstairs are three bedrooms and the second bath. The primary suite consists of two large rooms, both of which easily accommodate a king-sized bed. Use the interior room as your sleeping chamber and the garden-facing back room as a private study or use the back room as your bedroom and convert the interior room into an enormous dressing room - The possibilities are endless! At the other end of the hall are two bedrooms with street-side treetop views. The first is large enough for a king-sized bed. The second is perfect for a nursery or study.

Below the duplex is a charming garden level 1 bedroom/1 bath residence featuring white oak flooring, a windowed kitchen with stainless steel appliances, and a large living room with glass-paned French doors that lead to a generously sized bedroom. The apartment has been soundproofed to ensure privacy between the two residences. Laundry and access to the sprawling backyard are also found on the garden level.

1174 Jefferson sits on a 20' x 100' lot and is currently built at 2,700 square feet. FAR allows for an additional 2,000 square feet to be added. The home is perfect for an end user wanting to rent out a unit to offset financing or create an enormous single-family home.

The residence is located on a beautiful tree-lined street in burgeoning Bushwick with its galleries, restaurants, nightlife, and vibrant street art that appears tailor-made for Instagram. There is easy access to the Halsey St J subway stop and the Wilson Avenue L. A Citibike station is just down the block.

Last Agent to Sell the Property

Michael Franco

Compass License #10301200848 Listed on: 07/21/2022

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,332

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 20.0 x 100.0
  • Garden

Home Design

  • Pre War Building

Interior Spaces

  • 2,700 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Community Details

  • Bushwick Subdivision

Listing and Financial Details

  • Legal Lot and Block 12 / 3389

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,332

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Cross Street: Evergreen Avenue/Central Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Bushwick
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Living Area: 2700.0
  • Living Area Units: Square Feet
  • Rooms (Total): 12

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 4

Exterior Features

  • Exterior Features: Garden

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 20.0 x 100.0

Building Info

  • Total Stories: 3
  • Year Built: 1910

Tax Info

  • Tax Block: 3389
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2022
Closed on
Feb 27, 2023
Sold by
Freedman Sharon
Bought by
Sara & Gary Inc
Seller's Agent
Michael Franco
Compass
List Price
$1,300,000
Sold Price
$1,325,000
Premium/Discount to List
$25,000
1.92%
Views
3
Current Estimated Value
$1,443,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,642
Avg. Annual Appreciation
3.45%
Original Mortgage
$800,000
Outstanding Balance
$775,785
Interest Rate
6.13%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$667,857

Purchase Details

Closed on
Mar 4, 2014
Sold by
Purchase Peggy D
Bought by
Freedman Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,451
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 1998
Sold by
Plan Holding Corp
Bought by
Purchase Peggy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,850
Interest Rate
7.08%
Mortgage Type
FHA
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
Sara & Gary Inc $1,325,000 --
Freedman Sharon $507,740 --
Purchase Peggy D $145,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sara & Gary Inc $800,000
Previous Owner Freedman Sharon $300,000
Previous Owner Freedman Sharon $13,920
Previous Owner Freedman Sharon $665,451
Previous Owner Purchase Peggy D $3,997
Previous Owner Purchase Peggy D $32,177
Previous Owner Purchase Peggy D $21,360
Previous Owner Purchase Peggy D $142,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2023 02/27/23 Sold $1,325,000 +1.9% $491 / Sq Ft
09/06/2022 09/06/22 Pending -- -- --
07/21/2022 07/21/22 For Sale $1,300,000 +276.8% $481 / Sq Ft
09/18/2012 09/18/12 Sold $345,000 +15.0% $128 / Sq Ft
03/22/2012 03/22/12 Pending -- -- --
01/11/2012 01/11/12 For Sale $299,900 -- $111 / 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 $3,332 $101,040 $11,460 $89,580
2024 $3,332 $88,380 $11,460 $76,920
2023 $3,179 $92,760 $11,460 $81,300
2022 $2,954 $75,900 $11,460 $64,440
2021 $2,940 $58,620 $11,460 $47,160
2020 $1,462 $60,600 $11,460 $49,140
2019 $2,892 $60,600 $11,460 $49,140
2018 $2,659 $13,046 $1,989 $11,057
2017 $2,513 $12,330 $2,481 $9,849
2016 $2,328 $11,643 $3,163 $8,480
2015 $1,403 $11,643 $3,546 $8,097
2014 $1,403 $11,520 $4,211 $7,309
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10834397

Real Estate Board of New York (REBNY)

APN: 03389-0012