NOT LISTED FOR SALE

127 King St Brooklyn, NY 11231

Red Hook Neighborhood

Estimated Value: $1,985,641

Studio
-- Bath
-- Sq Ft
-- Built

Last Sold April 01, 2019

Last sale price $1

Est. 198,564,000% increase in value since last sale

Current estimated payment $12,706/month

18 Days on Market

Highlights

  • Pre War Building
  • 1-Story Property
  • 3-minute walk to Coffey Park

About This Home

As of April 2019

127 King Street is a lovely opportunity to create your dream space! Currently zoned R5 and C1-3, this property is currently used as a warehouse with office space above. This 3,480 sf 29 x 60 building is currently fully built out on a 29 x 60 lot and is surrounded by residential homes on both sides. A must-see given its lofty, open interior and massive ceiling height. Offered at $1,850,000.

Last Agent to Sell the Property

Lisa Sulfaro

Corcoran Group License #30SU0878539 Listed on: 03/13/2019

Corcoran Group

Home Details

Home Type

  • Single Family

Home Design

  • Pre War Building

Additional Features

  • 1-Story Property
  • Lot Dimensions are 60.0 x 29.0

Community Details

  • Red Hook Subdivision

Listing and Financial Details

  • Tax Lot 0011

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Cross Street: Van Brunt & Richardson Street
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Red Hook
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 60.0 x 29.0

Building Info

  • Total Stories: 1

Tax Info

  • Tax Lot: 0011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2019
Closed on
May 2, 2019
Sold by
Sns1 Realty Llc
Bought by
Albano Gabriella and Fei Marco C
Seller's Agent
Lisa Sulfaro
Corcoran Group
List Price
$1,850,000
Sold Price
$1
Premium/Discount to List
-$1,849,999
-100%
Current Estimated Value
$1,985,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,985,640
Avg. Annual Appreciation
738.39%

Purchase Details

Closed on
Jun 26, 2017
Sold by
Drakakis Anastasios
Bought by
Sns1 Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,999
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 24, 2003
Sold by
Spyro Katherine
Bought by
Drakakis Anastasios
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
Albano Gabriella $1,700,000 --
Sns1 Realty Llc $1,500,000 --
Drakakis Anastasios $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sns1 Realty Llc $499,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2019 04/01/19 Sold $1 -100.0% --
03/13/2019 03/13/19 For Sale $1,850,000 -- --
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 $28,741 $323,100 $17,100 $306,000
2024 $28,741 $288,900 $17,100 $271,800
2023 $27,326 $310,950 $17,100 $293,850
2022 $25,147 $283,950 $17,100 $266,850
2021 $24,543 $229,500 $17,100 $212,400
2020 $12,676 $243,450 $17,100 $226,350
2019 $17,287 $215,550 $17,100 $198,450
2018 $20,676 $196,650 $17,100 $179,550
2017 $21,196 $268,650 $17,100 $251,550
2016 $19,166 $243,900 $17,100 $226,800
2015 $10,443 $181,350 $17,100 $164,250
2014 $10,443 $157,050 $17,100 $139,950
Source: Public Records

Agents Affiliated with this Home

  • Lisa Sulfaro

    Seller's Agent in 2019

    Lisa Sulfaro

    Corcoran Group

    (718) 923-8025

    1 in this area

    20 Total Sales

    Lisa Sulfaro
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10515831

Real Estate Board of New York (REBNY)

APN: 00556-0011

New York Kings County Brooklyn 11231 Red Hook

127 King St, Brooklyn, NY

Not Listed for Sale

Detached

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