NOT LISTED FOR SALE

1221 Lincoln Place Brooklyn, NY 11213

Crown Heights Neighborhood

Estimated Value: $1,113,000 - $1,225,000

-- Bed
3 Baths
2,080 Sq Ft
$570/Sq Ft Est. Value

Last Sold November 16, 2023

Last sale price $1,030,000 $495 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,961/month

Highlights

  • Wood Flooring
  • 4-minute walk to Crown Heights-Utica Avenue
  • Back Yard
  • Heating System Uses Steam

About This Home

As of November 2023

3 Family Home is in need of renovation 2 one bedroom apartments on 2nd floor plus 3 bedroom on 1st floor with a huge finished basement. Oversided backyard front and rear facade are in good condition.

Last Agent to Sell the Property

Jerome Anixter

Listed on: 05/29/2023

Last Buyer's Agent

Jerome Anixter

Listed on: 05/29/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,749

Lot Details

  • Lot Dimensions are 120 x 20
  • Back Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Limestone

Interior Spaces

  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Parking

  • 1 Parking Space
  • Carport

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Block 1383

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,749

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: Troy Ave
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 3
  • Parking Attributes: 1 Space
  • Parking Feature Single: Carport
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: None
  • Building Stories: 2
  • Street Name I D X: Lincoln
  • Street Number I D X: 1221
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Flooring: Carpeting, Ceramic, Hardwood
  • Lot Sq Ft: 2405

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Limestone
  • Foundation Details: Poured Concrete
  • Lot Number: 69
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V, Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 120
  • Lot Size Width: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2024
Sold by
Grossman Sara and Halon Dovid L
Bought by
1221 Lincoln Place Llc
Current Estimated Value
$1,185,333

Purchase Details

Listed on
May 29, 2023
Closed on
Nov 16, 2023
Sold by
Anthony Griffith Executor and Estate Of Marjory C Wright
Bought by
Grossman Sara and Halon Dovid L
Seller's Agent
Jerome Anixter
Buyer's Agent
Jerome Anixter
List Price
$1,250,000
Sold Price
$1,030,000
Premium/Discount to List
-$220,000
-17.6%
Views
49

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.86%
Original Mortgage
$499,500
Interest Rate
7.63%
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
1221 Lincoln Place Llc -- --
1221 Lincoln Place Llc -- --
Grossman Sara $1,030,000 --
Grossman Sara $1,030,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grossman Sara $499,500
Previous Owner Wright Marjory Husbands $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2023 11/16/23 Sold $1,030,000 -17.6% $495 / Sq Ft
10/03/2023 10/03/23 For Sale $1,250,000 0.0% $601 / Sq Ft
10/03/2023 10/03/23 Price Changed $1,250,000 +21.4% $601 / Sq Ft
09/05/2023 09/05/23 Off Market $1,030,000 -- --
05/29/2023 05/29/23 Pending -- -- --
05/29/2023 05/29/23 For Sale $1,200,000 -- $577 / Sq Ft
Source: Brooklyn Board of REALTORS®

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 $4,749 $72,120 $20,160 $51,960
2024 $4,749 $69,480 $20,160 $49,320
2023 $4,758 $63,840 $20,160 $43,680
2022 $3,754 $57,240 $20,160 $37,080
2021 $3,737 $61,140 $20,160 $40,980
2020 $2,790 $63,000 $20,160 $42,840
2019 $3,463 $58,500 $20,160 $38,340
2018 $3,321 $19,522 $8,158 $11,364
2017 $3,109 $18,420 $7,894 $10,526
2016 $2,859 $17,406 $10,066 $7,340
2015 $1,657 $17,391 $8,935 $8,456
2014 $1,657 $16,420 $10,127 $6,293
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jerome Anixter

See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 474386

Brooklyn Board of REALTORS®

APN: 01383-0069

New York Kings County Brooklyn 11213 Crown Heights

1221 Lincoln Place, Brooklyn, NY

This home is located at 1221 Lincoln Place, Brooklyn, NY 11213 since 29 May 2023 and is currently estimated at $1,185,333, approximately $569 per square foot. 1221 Lincoln Place is a home located in Kings County with nearby schools including New Bridges Elementary School, Mount Moriah Christian Academy, and Congregation Ohr Menachem.

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