120A Bainbridge St Brooklyn, NY 11233
Bed-Stuy Neighborhood
5
Beds
5
Baths
5,716
Sq Ft
2,000
Sq Ft Lot
Highlights
- The property is located in a historic district
- 3-minute walk to Utica Avenue
- Living Room with Fireplace
- Colonial Architecture
- Property is near public transit
- 2-minute walk to Elizabeth Stroud Playground
About This Home
As of April 2025**Fully Vacant and Primed for Construction** Opportunity awaits at this remarkable multifamily brownstone building located in the highly sought-after neighborhood of Bedford-Stuyvesant, Brooklyn. Built in 1899, this property retains many of its original architectural details, including original fireplaces facades, classic staircase woodwork, well-preserved hardwood floors, original wood doors, and original wood window-casings.
The versatile property blends historic character with modern potential, offering the perfect foundation for restoration into a lucrative income-producing investment property or conversion into a spacious single-family home. Whether you’re looking to renovate the space for maximum income potential, or transform it into a grand single-family home, the possibilities are boundless. The existing kitchens and bathrooms have been primed for construction and are ready for your customization, with ample opportunity to modernize the layout to suit your needs.
Located in the heart of Brooklyn, this brownstone offers close proximity to excellent schools, local shops, restaurants, parks, and public transportation. This bank-owned property is being sold as-is and is an ideal project for investors or buyers with a vision.
With the growing demand for both rental units and luxurious single-family homes in this area, this brownstone is a rare find. Don’t miss the chance to restore this historic gem and unlock its full potential. Architectural plans available upon request.
Last Agent to Sell the Property
REO Assets America LLC Brokerage Phone: 516-698-8064 License #10491211404 Listed on: 01/08/2025
Last Buyer's Agent
Non Non OneKey Agent
Non-Member MLS
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,580
Year Built
- Built in 1899
Lot Details
- 2,000 Sq Ft Lot
- Lot Dimensions are 20x100
- Stone Wall
- Back Yard
Parking
- On-Street Parking
Home Design
- Triplex
- Colonial Architecture
- Brick Exterior Construction
Interior Spaces
- Crown Molding
- High Ceiling
- Decorative Fireplace
- Entrance Foyer
- Living Room with Fireplace
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- 5 Full Bathrooms
Outdoor Features
- Patio
Location
- Property is near public transit
- The property is located in a historic district
Schools
- Brooklyn Brownstone Elementary School
- Contact Agent Middle School
- Research And Service High School
Utilities
- Baseboard Heating
- Heating System Uses Natural Gas
- Cable TV Available
Community Details
- 3 Units
Listing and Financial Details
- Legal Lot and Block 27 / 1685
- Assessor Parcel Number 01685-0027
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 8, 2025
Closed on
Mar 31, 2025
Sold by
Ssa Reo Assets 04 Llc
Bought by
Hutchinson Kameron
Seller's Agent
Leila Monasebian
REO Assets America LLC
Buyer's Agent
Non Non OneKey Agent
Non-Member MLS
List Price
$2,250,000
Sold Price
$1,975,000
Premium/Discount to List
-$275,000
-12.22%
Views
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,760
Avg. Annual Appreciation
12.53%
Original Mortgage
$1,864,771
Outstanding Balance
$1,859,937
Interest Rate
6.76%
Mortgage Type
Unknown
Estimated Equity
$198,396
Purchase Details
Closed on
Oct 17, 2024
Sold by
Helmut Borchert Esq
Bought by
Ssa Reo Assets 04 Llc
Purchase Details
Closed on
Oct 23, 2018
Sold by
Mason James
Bought by
J & M Enterprise Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Brooklyn, NY
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,975,000 | -- | |
| Deed | $1,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,864,771 | Unknown | |
| Previous Owner | $378,000 | Unknown | |
| Previous Owner | $200,000 | Unknown | |
| Previous Owner | $850,000 | Purchase Money Mortgage | |
| Previous Owner | $342,490 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/01/2025 04/01/25 | Sold | $1,975,000 | -10.2% | $346 / Sq Ft |
| 02/13/2025 02/13/25 | Pending | -- | -- | -- |
| 01/27/2025 01/27/25 | Price Changed | $2,199,000 | -2.3% | $385 / Sq Ft |
| 01/08/2025 01/08/25 | For Sale | $2,250,000 | -- | $394 / Sq Ft |
Source: OneKey® MLS
Tax History Compared to Growth
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 | $7,299 | $210,660 | $23,940 | $186,720 |
| 2024 | $7,299 | $166,380 | $23,940 | $142,440 |
| 2023 | $7,138 | $204,120 | $23,940 | $180,180 |
| 2022 | $7,009 | $210,660 | $23,940 | $186,720 |
| 2021 | $7,056 | $176,580 | $23,940 | $152,640 |
| 2020 | $7,056 | $170,100 | $23,940 | $146,160 |
| 2019 | $6,286 | $139,080 | $23,940 | $115,140 |
| 2018 | $5,911 | $30,456 | $5,597 | $24,859 |
| 2017 | $5,909 | $30,456 | $6,300 | $24,156 |
| 2016 | $5,510 | $29,112 | $8,128 | $20,984 |
| 2015 | $3,246 | $27,780 | $8,642 | $19,138 |
| 2014 | $3,246 | $26,209 | $9,781 | $16,428 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Leila Monasebian
REO Assets America LLC
(516) 698-8064
1 in this area
7 Total Sales
-
N
Buyer's Agent in 2025
Non Non OneKey Agent
Non-Member MLS
Map
Source: OneKey® MLS
MLS Number: 811012
APN: 01685-0027
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The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
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Copyright 2025 OneKey® MLS. All rights reserved.
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