NOT LISTED FOR SALE

1338 Prospect Place Brooklyn, NY 11213

Crown Heights Neighborhood

Estimated Value: $993,000 - $1,611,130

6 Beds
4 Baths
2,400 Sq Ft
$492/Sq Ft Est. Value

Last Sold October 03, 2023

Last sale price $751,798 $313 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $6,451/month

87 Days on Market

About This Home

As of October 2023

Large 2 family in the heart of Crown Heights. Occupied property, inspections not available - sold as-is. Contact with occupants is prohibited. BuildingAreaSource: Other,

Last Agent to Sell the Property

Theodore Weinstein

REO Edge LLC Brokerage Phone: (914) 262-3919 License #10491202109 Listed on: 08/08/2022

Co-Listed By

Robert Caban

Robert Caban Brokerage Phone: (914) 262-3919 License #35CA0637955

Last Buyer's Agent

Non Non Member-MLS

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,000

Year Built

  • Built in 1910

Lot Details

  • 2,614 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • Frame Construction

Bedrooms and Bathrooms

  • 6 Bedrooms

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 01366-0027

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,000

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1910
  • Attribution Contact: (914) 262-3919
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: None
  • Total Bedrooms: 6
  • SquareFootageSource: Other

Exterior Features

  • Construction Materials: Frame

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Other
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.06
  • Parcel Number: 01366-0027
  • Property Attached: Yes

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf3Bedrooms: 2

Tax Info

  • Tax Annual Amount: 3000
  • Tax Map Number: 01366-0027

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: Brooklyn 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2022
Closed on
Oct 3, 2023
Sold by
Deutsche Bank National Trust Company and Soundview Home Loan Trust 2001 Wmc1
Bought by
1338 Prospect Llc
Seller's Agent
Theodore Weinstein
REO Edge LLC
Buyer's Agent
Non Non Member-MLS
Non-Member MLS
List Price
$815,900
Sold Price
$751,798
Premium/Discount to List
-$64,102
-7.86%
Views
23
Current Estimated Value
$1,181,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$429,485
Avg. Annual Appreciation
24.40%

Purchase Details

Listed on
Aug 8, 2022
Closed on
Sep 1, 2023
Sold by
Napoletano Domenick Esq
Bought by
Deutsche Bank National Trust Company
Seller's Agent
Theodore Weinstein
REO Edge LLC
Buyer's Agent
Non Non Member-MLS
Non-Member MLS
List Price
$815,900
Sold Price
$751,798
Premium/Discount to List
-$64,102
-7.86%
Views
23

Purchase Details

Closed on
Jun 24, 2019
Sold by
Reid Andrea and Reid Shannon
Bought by
Reid Andrea and Reid Stephen Franklyn

Purchase Details

Closed on
Mar 8, 2019
Sold by
Reid Andrea
Bought by
Reid Andrea and Reid Shannon

Purchase Details

Closed on
Jul 11, 2016
Sold by
Stephen Franklyn
Bought by
Reid Andrea

Purchase Details

Closed on
Jun 19, 2014
Sold by
Stephen Denese and Stephen Franklyn
Bought by
Stephen Franklyn

Purchase Details

Closed on
Mar 11, 2005
Sold by
Garcia Carlos
Bought by
Stephen Denese and Stephen Franklyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,175
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 1998
Sold by
Watson Dunia and Watson Jeff Lileath
Bought by
Garcia Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,436
Interest Rate
6.87%
Mortgage Type
FHA
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
1338 Prospect Llc $765,520 --
Deutsche Bank National Trust Company $990,000 --
Reid Andrea -- --
Reid Andrea -- --
Reid Andrea -- --
Stephen Franklyn -- --
Stephen Franklyn -- --
Stephen Denese $435,750 --
Stephen Denese $435,750 --
Garcia Carlos $185,000 Commonwealth Land Title Ins
Garcia Carlos $185,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stephen Denese $392,175
Previous Owner Garcia Carlos $183,436
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2023 10/03/23 Sold $751,798 -4.8% $313 / Sq Ft
11/03/2022 11/03/22 Pending -- -- --
10/05/2022 10/05/22 Price Changed $789,900 -3.2% $329 / Sq Ft
08/08/2022 08/08/22 For Sale $815,900 -- $340 / Sq Ft
Source: OneKey® MLS

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 $3,216 $82,920 $21,120 $61,800
2024 $3,216 $68,520 $21,120 $47,400
2023 $3,070 $67,080 $21,120 $45,960
2022 $2,853 $67,260 $21,120 $46,140
2021 $2,134 $62,700 $21,120 $41,580
2020 $1,412 $62,040 $21,120 $40,920
2019 $2,116 $68,640 $21,120 $47,520
2018 $2,568 $12,597 $3,584 $9,013
2017 $2,428 $11,911 $4,991 $6,920
2016 $2,250 $11,253 $5,965 $5,288
2015 $1,136 $11,244 $5,680 $5,564
2014 $1,136 $11,120 $6,746 $4,374
Source: Public Records

Agents Affiliated with this Home

  • Theodore Weinstein

    Seller's Agent in 2023

    Theodore Weinstein

    REO Edge LLC

    (914) 262-3919

    1 in this area

    69 Total Sales

    Theodore Weinstein
    Section Image

  • R

    Seller Co-Listing Agent in 2023

    Robert Caban

    Robert Caban

    Section Image

  • N

    Buyer's Agent in 2023

    Non Non Member-MLS

    Non-Member MLS

See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY6203688

OneKey® MLS

APN: 01366-0027

New York Kings County Brooklyn 11213 Crown Heights

1338 Prospect Place, Brooklyn, NY

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