NOT LISTED FOR SALE

Estimated Value: $1,180,000 - $1,565,000

6 Beds
3 Baths
2,922 Sq Ft
$458/Sq Ft Est. Value

Last Sold October 23, 2023

Last sale price $1,237,500 $424 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,465/month

39 Days on Market

About This Home

As of October 2023

Welcome to 1313 Herkimer St! This impressive property offers an exciting opportunity for those seeking a legal 3-family brownstone in need of renovation. Situated in a desirable location, this building invites you to bring your architect and envision the transformation of its three distinct units.As you step inside, you'll discover the potential for creating three comfortable living spaces, each comprising two bedrooms and one bathroom. With some creative redesign and renovations, you can tailor each apartment to meet your vision and personal style. Whether you're an investor looking to capitalize on the demand for multi-family properties or a homeowner eager to create an income-generating space, this property holds immense potential.The charming brownstone facade exudes character and offers excellent curb appeal. Inside, you'll find a blank canvas awaiting your innovative ideas. While the interior requires work, this presents an opportunity for you to customize the units according to your preferences, maximizing both functionality and aesthetics.Located on Herkimer St, this property is conveniently positioned within close proximity to various amenities. Enjoy easy access to local shops, restaurants, parks, and public transportation options, ensuring a comfortable and convenient lifestyle for future occupants.Whether you're an experienced investor or a homeowner seeking a versatile property to call your own, 1313 Herkimer St presents a unique opportunity to transform a legal 3-family brownstone into a remarkable residence. Don't miss out on this chance to bring your architect and breathe new life into each unit, creating a space that will captivate and inspire. Schedule a viewing today and unlock the potential of this exciting property!

Last Agent to Sell the Property

Eli Haliva

Douglas Elliman Real Estate License #30HA1176670 Listed on: 06/16/2023

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,195

Lot Details

  • 2,004

Home Design

Interior Spaces

  • 3-Story Property
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Block 01552

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,195

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Washer Dryer Allowed
  • Rooms (Total): 21

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 6

Garage/Parking

  • Garage: No

Building Info

  • Units: 3
  • Total Stories: 3

Tax Info

  • Tax Block: 01552

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2024
Sold by
Ahmad Kahis and Ahmad Mirvice
Bought by
1313 H Llc
Current Estimated Value
$1,321,277

Purchase Details

Listed on
Jun 16, 2023
Closed on
Oct 23, 2023
Sold by
Estate Of Jenifer Avenal Lovell and Estate Of Jenifer Lovell
Bought by
Ahmad Kahis and Ahmad Mirvice
Seller's Agent
Eli Haliva
Douglas Elliman Real Estate
List Price
$1,300,000
Sold Price
$1,237,500
Premium/Discount to List
-$62,500
-4.81%
Views
65

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.24%
Original Mortgage
$990,000
Interest Rate
7.19%
Mortgage Type
Purchase Money Mortgage
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
1313 H Llc -- --
Ahmad Kahis $1,237,500 --
Ahmad Kahis $1,237,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ahmad Kahis $990,000
Previous Owner Lovell Jenifer $83,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2023 10/23/23 Sold $1,237,500 -4.8% $424 / Sq Ft
07/26/2023 07/26/23 Pending -- -- --
06/16/2023 06/16/23 For Sale $1,300,000 -- $445 / 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 $3,195 $63,540 $20,040 $43,500
2024 $3,195 $64,920 $20,040 $44,880
2023 $2,771 $79,680 $20,040 $59,640
2022 $2,681 $65,220 $20,040 $45,180
2021 $2,659 $71,520 $20,040 $51,480
2020 $2,592 $62,100 $20,040 $42,060
2019 $2,480 $63,000 $20,040 $42,960
2018 $2,258 $12,538 $5,776 $6,762
2017 $2,226 $12,391 $5,946 $6,445
2016 $2,029 $11,701 $7,574 $4,127
2015 $1,190 $11,694 $7,485 $4,209
2014 $1,190 $11,046 $6,780 $4,266
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10903157

Real Estate Board of New York (REBNY)

APN: 01552-0068