NOT LISTED FOR SALE
12 Beds
8 Baths
5,600 Sq Ft
1,960 Sq Ft Lot

Sale Details

Date Sold: March 13, 2024

Last sale price $2,500,000 $446 Per Sq Ft

222 Days on Market

Highlights

  • Property is near public transit
  • 4-minute walk to Bedford Avenue
  • Park
  • Wood Flooring
  • Window Unit Cooling System
  • Hot Water Heating System

About This Home

As of March 2024

Mixed Use 6 Family + 2 Stores in the Heart of Williamsburg! Huge price REDUCTION, Owner is very MOTIVATED! Fantastic Dream Location! This property is situated in the most desirable Bedford Ave of North Williamsburg. It is just 2 short blocks away from Bedford Ave L train station and McCarren Park; only 4 blocks from the waterfront and East River Ferry; surrounded by trendy restaurants, bars, coffee shops, galleries and stores, including Whole Foods, Apple Store, Nike and more. Ideal location makes it a great investment asset with amazing upside potential. Two commercial spaces will be delivered vacant. All the residential units are 2 bedroom railroad style apartments and fully occupied. Other features include a new gas boiler and backyard. Building: 28 x 50 ft Lot: 28 x 70 ft Zoning: R6A/C1-4 FAR: 2.86; MAX FAR: 3 RE Taxes: $9,505/Yr AMAZING Investment Opportunity!

Last Agent to Sell the Property

Theo Eastwind

Capri Jet Realty Corp Brokerage Phone: 718-388-2188 License #10301212398 Listed on: 05/30/2023

Last Buyer's Agent

Theo Eastwind

Capri Jet Realty Corp Brokerage Phone: 718-388-2188 License #10301212398 Listed on: 05/30/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,505

Year Built

  • Built in 1900

Lot Details

  • 1,960 Sq Ft Lot
  • Lot Dimensions are 28x70
  • Two or More Common Walls
  • Back Yard Fenced
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Frame Construction

Interior Spaces

  • 5,600 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 12 Bedrooms

Location

  • Property is near public transit

Schools

  • Ps 17 Henry D Woodworth Elementary School
  • John Ericsson Middle School 126
  • Willamsburg Hs-Arch & Design High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 21 / 2304
  • Assessor Parcel Number 02304-0021

Community Details

Overview

  • 6 Units

Recreation

  • Park

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,505

Year Built

Built in 1900

Lot Details

1,960 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Store+Dwell
  • Property SubType: Multi Family
  • Levels: Three Or More
  • Year Built: 1900
  • New Construction: No
  • Attribution Contact: 718-388-2188
  • BuildingSize: 28 x 50 ft
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Basement: Full
  • Total Bedrooms: 12
  • Living Area: 5600
  • SquareFootage: 5600.00
  • SquareFootageSource: Other
  • NumberOfKitchens: 6

Exterior Features

  • Construction Materials: Frame
  • Fencing: Back Yard
  • FloodZoneReportYN: 1

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: John Ericsson Middle School 126

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 28x70
  • Lot Size Sq Ft: 1960
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 02304-0021
  • Zoning Description: R6A/C1-4
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-05-31

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 6
  • Separate Electric Meters: 8
  • Separate Gas Meters: 8
  • NumberOf2Bedrooms: 6

Tax Info

  • Tax Annual Amount: 9505
  • Tax Block: 2304
  • Tax Lot: 21
  • Tax Map Number: 02304-0021

MLS Schools

  • Elementary School: Ps 17 Henry D Woodworth
  • High School: Willamsburg Hs-Arch & Design
  • Middle School District: Brooklyn 14

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
May 30, 2023
Closed on
Mar 13, 2024
Sold by
Bought by
Seller's Agent
Theo Eastwind
Capri Jet Realty Corp
Buyer's Agent
Theo Eastwind
Capri Jet Realty Corp
List Price
$5,200,000
Sold Price
$2,500,000
Premium/Discount to List
-$2,700,000
-51.92%
Views
116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,625,000
Interest Rate
0.069%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$2,500,000 --
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 $1,625,000
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
03/13/2024 03/13/24 Sold $2,500,000 -21.9% $446 / Sq Ft
01/08/2024 01/08/24 Pending -- -- --
10/16/2023 10/16/23 Price Changed $3,200,000 -15.8% $571 / Sq Ft
10/09/2023 10/09/23 Price Changed $3,799,000 -5.0% $678 / Sq Ft
08/25/2023 08/25/23 Price Changed $3,999,000 -4.8% $714 / Sq Ft
07/31/2023 07/31/23 Price Changed $4,200,000 -19.2% $750 / Sq Ft
05/30/2023 05/30/23 For Sale $5,200,000 -- $929 / 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 $11,287 $1,360,350 $9,000 $1,351,350
2025 $10,457 $1,133,550 $9,000 $1,124,550
2024 $10,457 $944,460 $9,000 $935,460
2023 $9,506 $787,050 $9,000 $778,050
2022 $4,795 $800,100 $9,000 $791,100
2021 $9,143 $941,400 $9,000 $932,400
2019 $8,038 $930,960 $9,000 $921,960
2018 $7,581 $59,607 $691 $58,916
2017 $7,581 $59,607 $801 $58,806
2016 $7,438 $57,697 $855 $56,842
2015 $4,619 $53,427 $914 $52,513
2014 $4,619 $49,491 $1,016 $48,475
Source: Public Records

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Map

Source: OneKey® MLS

MLS Number: KEY3481427

OneKey® MLS

APN: 02304-0021

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