NOT LISTED FOR SALE

Estimated Value: $903,263 - $1,467,000

4 Beds
4.5 Baths
1,848 Sq Ft
$656/Sq Ft Est. Value

Last Sold January 30, 2020

Last sale price $998,000 $540 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $6,659/month

151 Days on Market

Highlights

  • Pre War Building
  • 2-minute walk to Rockaway Avenue (A,C Line)
  • 4-minute walk to Hilltop Playground

About This Home

As of January 2020

1186 Herkimer Street is a versatile property that can be used in a multitude of facets, well suited for today's townhouse buyer looking for value, space and a large private backyard. Fully gut renovated this 4 bedroom, 4.5 bathroom, 3-story single family townhouse features a fully finished basement and is located in the ever expanding Ocean Hill. Many details have been included to create a warm, inviting atmosphere including coffered ceilings, hard wood floors and custom kitchen with high end appliances. The garden floor is set up to be used as a separate unit and easy to separate from the upper duplex. Owner's duplex features large living and dining room with open kitchen and deck with stairs to the garden. Top floor is home to 3 bedrooms and 2 full bathrooms with the master suite set in the rear for a serene sleeping environment. The bedroom on the garden floor could also be used as a master bedroom as it features an en suite full bathroom and closets as well. Fully upgraded with central heating/air and laundry hook ups. Located near markets, pharmacies, cafes and restaurants with easy access to the Rockaway C train.

Last Agent to Sell the Property

David Beegun

Corcoran Group License #10401261934 Listed on: 08/01/2019

Corcoran Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1899

Home Design

  • Pre War Building

Interior Spaces

  • 3-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms

Community Details

  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Tax Block 1564

Home Details

Home Type

Single Family

Year Built

Built in 1899

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Radde Place & Thomas S Boyland Street
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Bedford - Stuyvesant
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Beds/Baths

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

Garage/Parking

  • Garage: No

Building Info

  • Units: 1
  • Total Stories: 3
  • Year Built: 1899

Tax Info

  • Tax Block: 1564

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2019
Closed on
Jan 30, 2020
Sold by
Greystone Houses Llc
Bought by
Frayne Thomas
Seller's Agent
David Beegun
Corcoran Group
List Price
$1,095,000
Sold Price
$998,000
Premium/Discount to List
-$97,000
-8.86%
Current Estimated Value
$1,213,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,066
Avg. Annual Appreciation
3.23%
Original Mortgage
$898,100
Outstanding Balance
$793,659
Interest Rate
3.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$419,407

Purchase Details

Closed on
Jul 12, 2018
Sold by
Lall Rakesh
Bought by
Greystone Houses Llc

Purchase Details

Closed on
Dec 23, 2015
Sold by
Indarmatte Andra
Bought by
Lall Rakesh

Purchase Details

Closed on
May 31, 2007
Sold by
Lall Rakesh and Murray Todd
Bought by
Indarmattie Andra

Purchase Details

Closed on
May 31, 2006
Sold by
Doyle Charles and Doyle Eulena
Bought by
Lall Rakesh and Murray Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2005
Sold by
Doyle Eulena
Bought by
Doyle Charles and Doyle Eulena

Purchase Details

Closed on
Nov 18, 2004
Sold by
Thomas Charlie
Bought by
Doyle Eulena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 2, 1999
Sold by
R F Properties Corp
Bought by
Thomas Charlie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,850
Interest Rate
8.18%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 28, 1999
Sold by
Bankers Trust Company Of California Na
Bought by
R F Properties Inc
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
Frayne Thomas $998,000 --
Frayne Thomas $998,000 --
Greystone Houses Llc $590,000 --
Greystone Houses Llc $590,000 --
Lall Rakesh -- --
Lall Rakesh -- --
Indarmattie Andra -- --
Indarmattie Andra -- --
Lall Rakesh $470,000 --
Lall Rakesh $470,000 --
Doyle Charles -- --
Doyle Charles -- --
Doyle Eulena $300,000 --
Doyle Eulena $300,000 --
Thomas Charlie $188,000 --
Thomas Charlie $188,000 --
R F Properties Inc $95,000 --
R F Properties Inc $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frayne Thomas $898,100
Closed Frayne Thomas $898,100
Previous Owner Lall Rakesh $376,000
Previous Owner Doyle Eulena $60,000
Previous Owner Doyle Eulena $240,000
Previous Owner Thomas Charlie $187,850
Closed Doyle Charles $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2020 01/30/20 Sold $998,000 -8.9% $540 / Sq Ft
12/31/2019 12/31/19 Pending -- -- --
08/01/2019 08/01/19 For Sale $1,095,000 -- $593 / 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 $4,169 $55,080 $17,040 $38,040
2024 $4,169 $64,800 $17,040 $47,760
2023 $4,187 $70,080 $17,040 $53,040
2022 $3,965 $68,280 $17,040 $51,240
2021 $4,030 $72,960 $17,040 $55,920
2020 $1,268 $66,840 $17,040 $49,800
2019 $2,398 $62,880 $17,040 $45,840
2018 $2,312 $11,344 $3,584 $7,760
2017 $2,184 $10,716 $5,339 $5,377
2016 $2,023 $10,119 $6,386 $3,733
2015 $1,219 $10,101 $8,163 $1,938
2014 $1,219 $9,552 $6,562 $2,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10588065

Real Estate Board of New York (REBNY)

APN: 01564-0017

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