NOT LISTED FOR SALE

Estimated Value: $1,196,000 - $2,101,000

8 Beds
7 Baths
2,700 Sq Ft
$630/Sq Ft Est. Value

Last Sold December 18, 2021

Last sale price $1,780,000 $659 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $9,625/month

50 Days on Market

About This Home

As of December 2021

Welcome to 1183 Jefferson Avenue; a newly renovated three-family townhouse in the heart of bustling Bushwick ready for top tier rents or for those looking to live and earn a substantial amount of rental income covering more than half of monthly mortgage payments.

This home has been completely updated with the highest degree of finishes pooled with modern open concept layouts throughout. Each unit features crisp new white oak flooring with a mix of herringbone/planks, matte kitchens with Quartz countertops & waterfall island, stainless steel appliances, oversized windows and spacious bedrooms, each with their own dedicated spa-style bathrooms.



Residence 1 is a grand two bedroom, three bathroom duplex with private garden & finished basement.



Residence 2 & 3 are sun splashed 3 bedroom, two bedroom full-floor residences.



1183 Jefferson Avenue is conveniently located close to all restaurants, bars, cafes & shops that Knickerbocker & Wilson Avenues has to offer. Enjoy all that prime Bushwick has to offer while having the J & Z trains nearby making for an easy commute. 1183 Jefferson Avenue is a savvy opportunity for those looking to rent out all three units or live & cover most of your living expenses.

Last Agent to Sell the Property

Daniel Kandinov

Corcoran Group License #10401279436 Listed on: 05/24/2021

Corcoran Group

Co-Listed By

Natalia Kaminskaya

Corcoran Group License #10401297888

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,278

Year Built

  • Built in 1905

Lot Details

  • 2,004

Home Design

  • Pre War Building

Interior Spaces

  • 3-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Full Bathrooms

Community Details

  • 3 Units
  • Bushwick Subdivision

Listing and Financial Details

  • Tax Block 3382

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,278

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Cross Street: Central Avenue & Evergreen Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Bushwick
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Rooms (Total): 15

Beds/Baths

  • Full Bathrooms: 7
  • Bathrooms Integer: 7
  • Bedrooms: 8

Garage/Parking

  • Garage: No

Building Info

  • Units: 3
  • Total Stories: 3
  • Year Built: 1905

Tax Info

  • Tax Block: 3382

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2021
Closed on
Dec 17, 2021
Sold by
Ahdoot Jonathan
Bought by
Jin Chen and Li Cheng
Seller's Agent
Daniel Kandinov
Corcoran Group
List Price
$1,785,000
Sold Price
$1,780,000
Premium/Discount to List
-$5,000
-0.28%
Current Estimated Value
$1,701,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$78,898
Avg. Annual Appreciation
-1.35%
Original Mortgage
$265,290
Outstanding Balance
$245,526
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,448,140

Purchase Details

Closed on
Jul 8, 2020
Sold by
Ocean Hill Holdings Llc
Bought by
Ahdoot Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,925
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2017
Sold by
Adrienne Johnson and Adrienne Johnson
Bought by
Ocean Hill Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 2006
Sold by
Ol M Holding Inc and Our Lady Of Mercy Healthcare System Inc
Bought by
Our Lady Of Mercy Medical Center

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,446
Interest Rate
6.15%

Purchase Details

Closed on
Jan 31, 1997
Sold by
Johnson Adrienne
Bought by
Johnson Adrienne and Coley Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.85%
Mortgage Type
Purchase Money Mortgage
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
Jin Chen $1,780,000 --
Jin Chen $1,780,000 --
Ahdoot Jonathan -- --
Ahdoot Jonathan -- --
Ocean Hill Holdings Llc $375,000 --
Ocean Hill Holdings Llc $375,000 --
Our Lady Of Mercy Medical Center $798,000 --
Our Lady Of Mercy Medical Center $798,000 --
Johnson Adrienne -- --
Johnson Adrian -- --
Johnson Adrian -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jin Chen $265,290
Closed Jin Chen $265,290
Previous Owner Ahdoot Jonathan $284,925
Previous Owner Ocean Hill Holdings Llc $900,000
Previous Owner Coley Dorothy $94,358
Previous Owner Coley Dorothy $119,446
Previous Owner Our Lady Of Mercy Medical Center $14,000,000
Previous Owner Coley Dorothy $345,000
Previous Owner Johnson Adrienne $198,000
Previous Owner Johnson Adrienne $157,250
Previous Owner Johnson Adrian $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2021 12/18/21 Sold $1,780,000 -0.3% $659 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
05/24/2021 05/24/21 For Sale $1,785,000 -- $661 / 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 $4,278 $101,160 $12,840 $88,320
2024 $4,278 $79,920 $12,840 $67,080
2023 $4,249 $98,040 $12,840 $85,200
2022 $3,941 $80,220 $12,840 $67,380
2021 $3,921 $63,480 $12,840 $50,640
2020 $1,949 $59,700 $12,840 $46,860
2019 $3,713 $59,700 $12,840 $46,860
2018 $3,554 $17,434 $3,334 $14,100
2017 $3,353 $16,449 $3,986 $12,463
2016 $3,104 $15,525 $4,712 $10,813
2015 $1,652 $15,525 $5,294 $10,231
2014 $1,652 $14,791 $6,052 $8,739
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10720859

Real Estate Board of New York (REBNY)

APN: 03382-0060