NOT LISTED FOR SALE

Estimated Value: $4,574,593 - $5,368,000

4 Beds
3 Baths
5,593 Sq Ft
$864/Sq Ft Est. Value

Last Sold December 23, 2024

Last sale price $4,450,000 $796 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $28,270/month

29 Days on Market

Highlights

  • Rooftop Deck
  • 4-minute walk to Fulton Street (G Line)
  • Wood Flooring
  • P.S. 20 Clinton Hill Rated A
  • City View
  • No HOA

About This Home

As of December 2024

Welcome to 124 Dekalb Avenue, a one-of-a-kind architectural masterpiece in the heart of Fort Green, Brooklyn. Originally constructed as a water tower, this extraordinary 25' wide by 77' deep steel-frame property offers a rare and expansive 5,775 square feet of uninterrupted space with a private 2-car garage. The open and flexible layout across three main levels, provides a unique canvas to design your dream home.

This residence not boasts modern luxury but also carries a rich, culturally significant history. Formerly serving as a NYC Fire House for Engine 257, it was also designated as a civil defense bomb shelter, standing as a resilient symbol of Brooklyns past. For over two decades, the building was a production studio for one of the boroughs most beloved filmmakers, adding to its storied legacy.

Step inside and experience expansive living spaces filled with natural light from multiple skylights, soaring ceilings and floor-to-ceiling windows. The chefs kitchen is outfitted with high-end stainless steel appliances and custom cabinetry, offering the perfect blend of style and function. The primary suite is a tranquil retreat, featuring a marble double vanity and glass enclosed walk-in shower with plenty of built in closets.

The crown jewels of this property are its two breathtaking roof decks. These private outdoor sanctuaries provide panoramic views of the city skyline, perfect for alfresco dining, sunbathing, or hosting elegant soires. Whether you're watching the sunset or enjoying a starry night, these roof decks elevate the living experience to a new level of luxury.

Located in a vibrant historical neighborhood with Fort Greene park across the street with cafes, bars, BAM, and Barclay center mere blocks away, 124 Dekalb Avenue offers the perfect blend of cultural history and modern luxury.

Last Agent to Sell the Property

Melissa Leifer

Keller Williams NYC License #40LE0999966 Listed on: 09/18/2024

Keller Williams NYC

Co-Listed By

Andre Coles

Keller Williams NYC License #10401330342

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $36,120

Lot Details

  • 1,980 Sq Ft Lot
  • Lot Dimensions are 25x81

Parking

  • Garage

Interior Spaces

  • 5,593 Sq Ft Home
  • Wood Flooring
  • City Views
  • Eat-In Kitchen
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Cooling
  • No Heating

Listing and Financial Details

  • Property Available on 1/3/25

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Fort Greene Subdivision

Amenities

  • Rooftop Deck

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$36,120

Lot Details

0

Listing Details

  • Cross Street: Ft. Greene Place & St Felix St
  • Property SubType: Townhouse
  • Property Type: Residential
  • Neighborhood: Fort Greene
  • Architectural Style: Loft
  • Structure Type: Townhouse
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Interior Features: Eat-in Kitchen
  • Appliances: Stainless Steel Appliance(s)
  • Flooring: Hardwood
  • Living Area: 5593.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Roof Deck
  • Patio/Porch Features: Rooftop

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building None, In Unit
  • Cooling: None
  • Cooling: No
  • Heating: None
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: None
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 1980.0
  • Lot Size Dimensions: 25x81

Building Info

  • New Construction: No
  • Units: 2

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2025-01-03

Tax Info

  • Tax Block: 00000
  • Tax Lot: 0000
  • Tax Annual: 36120.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2024
Closed on
Dec 12, 2024
Sold by
124 Dekalb Llc
Bought by
Frisch James and Jennings Matthew
Seller's Agent
Melissa Leifer
Keller Williams NYC
List Price
$4,450,000
Sold Price
$4,450,000
Views
35
Current Estimated Value
$4,830,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,398
Avg. Annual Appreciation
8.05%
Original Mortgage
$3,560,000
Outstanding Balance
$3,525,585
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,304,813

Purchase Details

Listed on
Jun 20, 2023
Closed on
Aug 31, 2023
Sold by
Saunders Stephen M
Bought by
124 Dekalb Llc
Seller's Agent
Mark Fromm
Douglas Elliman Real Estate
List Price
$4,500,000
Sold Price
$4,350,000
Premium/Discount to List
-$150,000
-3.33%
Views
148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.74%
Original Mortgage
$3,000,000
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 2019
Sold by
Coyote-Nine Realty Inc and Jose Graniela %
Bought by
Saunders Stephen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,550,000
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 1998
Sold by
Forty Acres & A Mule Filmworks Inc
Bought by
Coyote Nine Realty 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
Frisch James $4,450,000 --
Frisch James $4,450,000 --
124 Dekalb Llc $4,350,000 --
124 Dekalb Llc $4,350,000 --
124 Dekalb Llc $4,350,000 --
Saunders Stephen M $4,700,000 --
Saunders Stephen M $4,700,000 --
Saunders Stephen M $4,700,000 --
Coyote Nine Realty Inc $6,047,500 First American Title Ins Co
Coyote Nine Realty Inc $6,047,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frisch James $3,560,000
Closed Frisch James $3,560,000
Previous Owner 124 Dekalb Llc $3,000,000
Previous Owner Saunders Stephen M $2,550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2024 12/23/24 Sold $4,450,000 0.0% $796 / Sq Ft
10/17/2024 10/17/24 Pending -- -- --
09/18/2024 09/18/24 For Sale $4,450,000 +2.3% $796 / Sq Ft
08/31/2023 08/31/23 Sold $4,350,000 -3.3% $849 / Sq Ft View Prior Sale
07/13/2023 07/13/23 Pending -- -- --
06/20/2023 06/20/23 For Sale $4,500,000 -- $879 / 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 $36,127 $265,560 $62,400 $203,160
2024 $36,127 $295,680 $62,400 $233,280
2023 $34,537 $362,820 $62,400 $300,420
2022 $32,288 $357,600 $62,400 $295,200
2021 $34,038 $332,460 $62,400 $270,060
2019 $30,238 $304,680 $62,400 $242,280
2018 $28,090 $136,368 $40,440 $95,928
2017 $27,476 $134,784 $50,368 $84,416
2016 $26,945 $134,784 $42,815 $91,969
2015 $15,336 $127,685 $48,677 $79,008
2014 $15,336 $120,458 $55,115 $65,343
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11010294

Real Estate Board of New York (REBNY)

APN: 02097-0042