NOT LISTED FOR SALE

Estimated Value: $1,085,000 - $1,484,000

8 Beds
3.5 Baths
2,850 Sq Ft
$447/Sq Ft Est. Value

Sale Details

Date Sold: April 16, 2024

Last sale price $1,125,000 $395 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $7,418 / mo

49 Days on Market

Highlights

  • Property is near public transit
  • Park
  • 2-minute walk to Irving Square Park
  • Park or Greenbelt View
  • Hot Water Heating System

About This Home

As of April 2024

Welcome to 1242 Halsey Street, a three-family home, in the vibrant neighborhood of Bushwick Brooklyn. This multi-family property presents a fabulous opportunity for families, investors, or those seeking a spacious home with great income-generating potential. This home boasts the charm and architectural detail expected from homes built in the early 1900s and stands amongst a row of similar homes, overlooking the green grounds of Irving Square Park. With its spacious, layout and desirable location, it is an ideal choice for anyone looking to settle in this thriving neighborhood. The first and third levels boast 3BR and 1BA, and the second level includes 2BR and 1BA, a full basement provides an opportunity to create more living space. There is access to the yard through the first-level apartment and access to the roof through the third-level hallway, where you will find recently installed solar panels and a new roof, keeping utilities low for the home. Steps from a variety of shops, cafes, restaurants, entertainment, and public transportation, this home offers the next owner the opportunity to make it their own and be part of this thriving and unique Brooklyn Community. Also, note home has 3 new boilers and 3 new hot water heaters.

Last Agent to Sell the Property

Tara Walsh

Four Seasons Realty Team Brokerage Phone: 516-721-4444 License #40WA1085364 Listed on: 10/26/2023

Last Buyer's Agent

Tara Walsh

Four Seasons Realty Team Brokerage Phone: 516-721-4444 License #40WA1085364 Listed on: 10/26/2023

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,847

Year Built

  • Built in 1910

Lot Details

  • 1,900 Sq Ft Lot
  • Lot Dimensions are 19x100
  • Two or More Common Walls

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms

Schools

  • JHS 162 Willoughby Middle School
  • Bushwick Leaders Hs-Acad Excell High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Park or Greenbelt Views
  • Basement Fills Entire Space Under The House
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 24 / 3412
  • Assessor Parcel Number 03412-0024

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,847

Year Built

Built in 1910

Lot Details

1,900 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse
  • Property SubType: Multi Family
  • Year Built: 1910
  • New Construction: No
  • Attribution Contact: 516-721-4444
  • BuildingSize: legal 3 family
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Full
  • Inclusions: Solar Panels Owned
  • Total Bedrooms: 8
  • NumberOfKitchens: 3

Exterior Features

  • Construction Materials: Brick
  • View: Park/Greenbelt
  • View YN: Yes
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 3
  • SeparateHotwaterHeaterDetail: 3

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 162 Willoughby (The)

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 19x100
  • Lot Size Sq Ft: 1900
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 03412-0024
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-10-27

Green Features

  • Green Energy Generation: Solar

Rental Info

  • Lease Considered: No
  • Available Date: 2024-02-16

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 3847.47
  • Tax Block: 3412
  • Tax Lot: 24
  • Tax Map Number: 03412-0024

MLS Schools

  • High School: Bushwick Leaders Hs-Acad Excell
  • Middle School District: Brooklyn 32

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2023
Closed on
Apr 16, 2024
Sold by
Beaton Erin and Beaton Erin A
Bought by
Seller's Agent
Tara Walsh
Four Seasons Realty Team
Buyer's Agent
Tara Walsh
Four Seasons Realty Team
List Price
$1,499,000
Sold Price
$1,125,000
Premium/Discount to List
-$374,000
-24.95%
Views
184
Current Estimated Value
$1,273,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,950
Avg. Annual Appreciation
5.32%
Original Mortgage
$900,000
Outstanding Balance
$878,847
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$395,103

Purchase Details

Closed on
Mar 18, 2021
Sold by
Waldron Hazel P
Bought by
Beaton Erin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 2011
Sold by
James Zoeanne
Bought by
Waldron Hazel P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,875
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 2001
Sold by
Neighborhood Redevelopme
Bought by
James Zoeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2000
Sold by
Aames Capital Corp
Bought by
Neighborhood Redevelopment Corp
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Bushwick, NY

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,125,000 --
Beaton Erin A $200,000 --
Waldron Hazel P $250,000 --
James Zoeanne -- --
Neighborhood Redevelopment Corp $157,500 Stewart Title Insurance Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $530,373
Open Bushwick Park 1 Llc $900,000
Closed Bushwick Park 1 Llc $112,385
Previous Owner Beaton Erin A $150,000
Previous Owner -- $239,875
Closed James Zoeanne $232,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/16/2024 04/16/24 Sold $1,125,000 -24.9% $395 / Sq Ft
12/15/2023 12/15/23 Pending -- -- --
10/26/2023 10/26/23 For Sale $1,499,000 -- $526 / Sq Ft
Source: OneKey® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,663 $84,600 $10,800 $73,800
2025 $4,041 $87,480 $10,800 $76,680
2024 $4,041 $83,640 $10,800 $72,840
2023 $1,891 $73,920 $10,800 $63,120
2022 $3,516 $60,480 $10,800 $49,680
2021 $4,072 $65,940 $10,800 $55,140
2020 $2,024 $68,220 $10,800 $57,420
2019 $4,009 $68,220 $10,800 $57,420
2018 $3,688 $18,093 $2,140 $15,953
2017 $3,481 $17,076 $3,185 $13,891
2016 $3,223 $16,123 $4,059 $12,064
2015 $1,943 $16,123 $4,512 $11,611
2014 $1,943 $15,972 $5,360 $10,612
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3512895

OneKey® MLS

APN: 03412-0024

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