NOT LISTED FOR SALE

Estimated Value: $1,317,000 - $1,563,000

5 Beds
3 Baths
2,200 Sq Ft
$629/Sq Ft Est. Value

Last Sold July 27, 2021

Last sale price $1,500,000 $682 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $8,702/month

36 Days on Market

Highlights

  • Terrace
  • Building Terrace
  • 5-minute walk to Green Central Knoll Playground

About This Home

As of July 2021

Welcome to 127 George Street, a renovated 2,200 square-foot, two-family townhouse with a private parking space, 80 square-foot terrace and a 600 square-foot private backyard ready for spring BBQ gatherings and summer evening cocktails.

This Brooklyn gem sits on a 21'x100' lot on a special, quiet tree-lined block, right where East Williamsburg and Bushwick meet and only a few blocks from the L train.

Your beautifully appointed home consists of a large and sunny unit on the top floor with three bedrooms and two bathrooms, plus a home office. The main apartment occupies over 1,200 square feet and includes a large terrace and access to the backyard. Highlights include: a renovated kitchen, two large skylights, hardwood floors and W/D in the unit. The first floor unit is laid out as a spacious two-bedroom/one-bathroom + home office and shares access to the backyard.

This turnkey-ready home can easily accommodate any lifestyle: live in one unit and collect additional rental income to offset the already low carrying costs, rent both units and enjoy a fantastic investment property, combine the two units into a superb single-family home or use the additional 3000 square feet of air rights to add incredible value - the choice is yours!

127 George Street is situated in prime Bushwick, an increasingly vibrant and diverse neighborhood, seeing a wave of new restaurants, breweries, stores and other attractions including Roberta's, Bushwick Taco Co., Barchaa, Angela's Bakery, Father Knows Best, Nowadays, Lady Moo Moo, Momo Sushi Shack, Bunker Vietnamese, Michelin Star Winning Faro, alongside studios, vintage stores, boutiques and galleries such as Chez Bushwick and Luhring Augustine and much more.

This beautiful townhouse makes for both a smart residence as well as a fantastic investment. Call us today to schedule a private showing.

Last Agent to Sell the Property

Yuval Vidal

Compass License #30VI1008300 Listed on: 04/07/2021

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,992

Year Built

  • Built in 1989

Lot Details

  • 2,091

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Terrace
  • Lot Dimensions are 20.0 x 100.0

Community Details

  • Bushwick Subdivision
  • Building Terrace

Listing and Financial Details

  • Legal Lot and Block 145 / 3155

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,992

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Cross Street: Wilson Avenue/Knickerbocker Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Bushwick
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Living Area: 2200.0
  • Living Area Units: Square Feet
  • Rooms (Total): 9

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 5

Exterior Features

  • Patio/Porch Features: Building Terrace, Terrace

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 20.0 x 100.0

Building Info

  • Total Stories: 2
  • Year Built: 1989

Tax Info

  • Tax Block: 3155
  • Tax Lot: 145

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2021
Closed on
Jul 27, 2021
Sold by
127 George Llc
Bought by
Shibayama Rie
Seller's Agent
Yuval Vidal
Compass
List Price
$1,500,000
Sold Price
$1,500,000
Current Estimated Value
$1,482,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,131
Avg. Annual Appreciation
-1.02%
Original Mortgage
$1,050,000
Outstanding Balance
$959,299
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$479,629

Purchase Details

Closed on
Jul 21, 2015
Sold by
Amos Noam
Bought by
127 George Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,250
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2015
Sold by
Jeremie Marie
Bought by
Amos Noam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,250
Interest Rate
3.87%
Mortgage Type
New Conventional
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
Shibayama Rie $1,500,000 --
127 George Llc -- --
Amos Noam $695,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shibayama Rie $1,050,000
Previous Owner Amos Noam $521,250
Previous Owner Jeremie Marie $200,000
Previous Owner Jeremie Remy $103,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2021 07/27/21 Sold $1,500,000 0.0% $682 / Sq Ft
05/14/2021 05/14/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $1,500,000 -- $682 / 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 $6,992 $71,460 $14,520 $56,940
2024 $6,992 $78,480 $14,520 $63,960
2023 $6,670 $96,300 $14,520 $81,780
2022 $6,557 $77,220 $14,520 $62,700
2021 $6,860 $70,740 $14,520 $56,220
2020 $5,145 $64,860 $14,520 $50,340
2019 $6,069 $71,760 $14,520 $57,240
2018 $5,579 $27,370 $6,456 $20,914
2017 $5,579 $27,370 $7,176 $20,194
2016 $5,430 $27,163 $8,248 $18,915
2015 $3,114 $25,627 $8,774 $16,853
2014 $3,114 $24,177 $9,926 $14,251
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10709533

Real Estate Board of New York (REBNY)

APN: 03155-0145