NOT LISTED FOR SALE

Estimated Value: $1,721,000 - $2,020,300

5 Beds
3.5 Baths
2,598 Sq Ft
$721/Sq Ft Est. Value

Last Sold October 03, 2021

Last sale price $1,600,000 $616 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $10,476/month

18 Days on Market

About This Home

As of October 2021

Welcome home to 124 Malcolm X Blvd! Earn income while living in your 19.25' wide 2-Family historic BROWNSTONE in prime Bedford-Stuyvesant including a 3BD/2.5BA owner?s duplex and a 2BD/1BA garden unit. This 1899 built residence dripping with pre-war embodies the neighborhood?s rich history while keeping a contemporary vibe spanning nearly ~2598 SF offering expansive living, stunning entrance, and high ceilings. Original details include three (3) decorative fireplaces, wood paneling, pocket shutters, hardwood floors, and a French door. Modern conveniences along with retaining the charm are here with central AC and washer/dryer on each unit. The garden unit is occupied with an excellent long-term tenant. Perfect for the savvy homeowner looking to live-in the owner?s duplex and have an income producing rental on the garden. Current annual RE Taxes are only $1,176!

Enter the 3BD/2.5BA owner?s duplex, walk into the parlor floor and enter the inviting living area with a powder half bathroom. The eat-in kitchen is fully equipped with stainless appliances, plenty of cabinets, granite countertops and large center island. From kitchen, open the door to the private outdoor terrace which leads downstairs to backyard/patio perfect for summer grilling. Ascend upstairs to the spacious master bedroom offering a large walk-in closet, complimented with an ensuite bathroom. The second bedroom is equally as roomy and accommodate any configuration. In between is the full bathroom and full stack washer/dryer, the third bedroom can double as a home office or nursery.

The 2BD/1BA garden apartment boast an open kitchen boasts including a butcher-block island for your convenience. The main bedroom can easily fit a queen and has a large closet. The second bedroom can fit a queen as well and includes the extension which can be used a home office or more closet space. Downstairs is the full height basement which has laundry and double as a recreation area.

Enjoy the neighborhood conveniences and amenities of Bedford-Stuyvesant from the Stuyvesant Heights cafes and restaurant scene, Broadway?s shops and services, and a short walk to the Gates Ave/Kosciusko St J&Z Subway stop.

Last Agent to Sell the Property

Donald Lai

Corcoran Group License #10301219513 Listed on: 07/20/2021

Corcoran Group

Co-Listed By

Chris Cavorti

Corcoran Group License #10301206385

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,619

Year Built

  • Built in 1899

Lot Details

  • 1,525

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 5 Bedrooms

Additional Features

  • 3-Story Property
  • Lot Dimensions are 80.0 x 19.0

Community Details

  • 2 Units
  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Tax Block 1626

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,619

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Cross Street: Lexington Avenue & Quincy Street
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Bedford - Stuyvesant
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Rooms (Total): 10

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 5

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 80.0 x 19.0

Building Info

  • Units: 2
  • Total Stories: 3
  • Year Built: 1899

Tax Info

  • Tax Block: 1626

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2021
Closed on
Sep 30, 2021
Sold by
Lamond Thomas
Bought by
Deveny Joseph A and Deveny Kolesnikov
Seller's Agent
Donald Lai
Corcoran Group
List Price
$1,600,000
Sold Price
$1,600,000
Current Estimated Value
$1,873,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,575
Avg. Annual Appreciation
4.17%
Original Mortgage
$1,280,000
Outstanding Balance
$1,172,295
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$701,712

Purchase Details

Listed on
Mar 14, 2014
Closed on
May 23, 2014
Sold by
Rohparvar Hooman
Bought by
Lamond Thomas
Seller's Agent
Michelle Mehr
Michelle Mehr
Buyer's Agent
Sharon Cohen
Compass Greater NY LLC
List Price
$1,050,000
Sold Price
$999,000
Premium/Discount to List
-$51,000
-4.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%
Original Mortgage
$799,200
Interest Rate
4.14%

Purchase Details

Closed on
Nov 18, 2013
Sold by
Standard Deborah
Bought by
Rohparvar Hooman

Purchase Details

Closed on
Aug 18, 2006
Sold by
Putnam Holding Corp
Bought by
Standard Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,250
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2005
Sold by
Weisman Mark Esq
Bought by
Putnam Holding Corp

Purchase Details

Closed on
Nov 29, 1994
Sold by
Esquilin Maximo E
Bought by
Esquilin Maximo E and Feliciano Miriam
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
Deveny Joseph A $1,600,000 --
Deveny Joseph A $1,600,000 --
Lamond Thomas $999,000 --
Rohparvar Hooman $415,000 --
Rohparvar Hooman $415,000 --
Standard Deborah $695,000 --
Standard Deborah $695,000 --
Putnam Holding Corp $305,000 --
Putnam Holding Corp $305,000 --
Esquilin Maximo E -- Chicago Title Insurance Co
Esquilin Maximo E -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deveny Joseph A $350,000
Open Deveny Joseph A $1,280,000
Closed Deveny Joseph A $1,280,000
Previous Owner Lamond Thomas $799,200
Previous Owner Standard Deborah $660,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2021 10/03/21 Sold $1,600,000 0.0% $616 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $1,600,000 +60.2% $616 / Sq Ft
03/25/2014 03/25/14 Sold $999,000 -4.9% $385 / Sq Ft
03/20/2014 03/20/14 Pending -- -- --
03/14/2014 03/14/14 For Sale $1,050,000 -- $404 / 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 $2,619 $118,500 $19,140 $99,360
2024 $2,619 $113,280 $19,140 $94,140
2023 $1,200 $98,340 $19,140 $79,200
2022 $1,115 $93,600 $19,140 $74,460
2021 $1,176 $83,340 $19,140 $64,200
2020 $574 $101,040 $19,140 $81,900
2019 $1,086 $80,340 $19,140 $61,200
2018 $1,004 $4,926 $1,699 $3,227
2017 $949 $4,656 $1,296 $3,360
2016 $931 $4,656 $1,749 $2,907
2015 $530 $4,575 $2,575 $2,000
2014 $530 $4,328 $2,924 $1,404
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10732917

Real Estate Board of New York (REBNY)

APN: 01626-0049