NOT LISTED FOR SALE

Estimated Value: $898,366 - $1,131,000

5 Beds
2.5 Baths
1,750 Sq Ft
$591/Sq Ft Est. Value

Last Sold May 16, 2022

Last sale price $1,060,000 $606 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,615/month

30 Days on Market

About This Home

As of May 2022

Welcome to 1395 Herkimer Street, a charming and spacious 2 family town home located in the Ocean Hill section of Bedford Stuyvesant. Located in close proximity to A, C, J, Z and L trains at Broadway Junction, this newly renovated dwelling provides an ample living arrangement for new owners and future occupants alike. Inside this stunning town home is an airy and open living arrangement, configured as a 3-bedroom owners duplex (convertible triplex) and 2-bedroom rental unit! Enter the Owners duplex through the parlor floor and be duly welcomed by a bright and airy, open concept living room, featuring high ceilings, exposed brick, lush hardwood floors, bright exposures and custom lighting fixtures. In the rear of the first level is a brand new open concept, windowed kitchen with stainless steal appliances and dishwasher. Two large bedrooms accompany the cozy cooking haven and spacious living area, both featuring bright exposures and gracious closet space. Descend the stairs to a lower level with mudroom, washer and dryer, and direct access to a large garden area - ideal for recreational space, entertainment area, home office, and for hosting friends and family.



While 1395 Herkimer offers comfortable living quarters, it's also is a sound investment! On the top floor, owners and occupants will be more than pleased at a newly renovated 2 bedroom apartment, with similar finishes as the Owner's suite- an open concept kitchen with stainless teal appliances and dishwasher, 2 spacious bedrooms with sunny exposures, plus hard wood floors, and custom lighting throughout!

Last Agent to Sell the Property

MARK MARTOV

Corcoran Group License #10401264653 Listed on: 01/28/2022

Corcoran Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,812

Lot Details

  • 1,655

Home Design

Interior Spaces

  • 1,750 Sq Ft Home
  • 3-Story Property
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 5 Bedrooms

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,812

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
  • Living Area: 1750.0
  • Living Area Units: Square Feet
  • Rooms (Total): 12

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 5

Garage/Parking

  • Garage: No

Building Info

  • Units: 2
  • Total Stories: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2022
Closed on
May 11, 2022
Sold by
Chukwuma Chukwunweike V and Chukwuma Glendaly M
Bought by
Gladston Gerald and Gladston Marisin
Seller's Agent
MARK MARTOV
Corcoran Group
List Price
$1,099,995
Sold Price
$1,060,000
Premium/Discount to List
-$39,995
-3.64%
Current Estimated Value
$1,034,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,408
Avg. Annual Appreciation
0.64%
Original Mortgage
$420,000
Outstanding Balance
$398,268
Interest Rate
4.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$684,471

Purchase Details

Closed on
Sep 26, 2017
Sold by
Winkler Martin
Bought by
Chukwuma Chukwunweike Victor and Chukwuma Glendaly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$810,052
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2016
Sold by
Boragellas Gladys and Boragellas Louis Lewis
Bought by
Winkler Martin and Boragellas Louis Lewis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2014
Sold by
Boragellas Gladys and Boragellas Louis Lewis
Bought by
Herkimer1395 Corp

Purchase Details

Closed on
Jun 4, 2012
Sold by
Boragellas Gladys and Boragellas Louis Lewis
Bought by
Boragellas Gladys and Boragellas Louis Teonia

Purchase Details

Closed on
Sep 16, 2011
Sold by
Snt Properties Corp
Bought by
Boragellas Gladys and Boragellas Louis Lewis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,493
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 2009
Sold by
Deutsche Bank National Trust Company As
Bought by
Snt Properties Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,250
Interest Rate
5.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 2006
Sold by
Nelson Castillo B
Bought by
Vista Holding Llc

Purchase Details

Closed on
Jul 13, 2005
Sold by
Drakes Berle and Drakes Charlene
Bought by
Cam Enterprise Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
5.67%

Purchase Details

Closed on
Dec 23, 2003
Sold by
Drakes Berle and Drakes Sylvanus
Bought by
Drakes Berle and Drakes Charlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.67%
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
Gladston Gerald $1,060,000 --
Gladston Gerald $1,060,000 --
Chukwuma Chukwunweike Victor $824,995 --
Chukwuma Chukwunweike Victor $824,995 --
Winkler Martin $350,000 --
Winkler Martin $350,000 --
Boragellas Gladys -- --
Herkimer1395 Corp -- --
Herkimer1395 Corp -- --
Boragellas Gladys -- --
Boragellas Gladys -- --
Boragellas Gladys $375,000 --
Lewis Boragellas Gladys $375,000 --
Snt Properties Corp $180,000 --
Snt Properties Corp $180,000 --
Vista Holding Llc $392,000 --
Vista Holding Llc $392,000 --
Cam Enterprise Corp $390,000 --
Castillo Nelson $490,000 --
Cam Enterprise Corp $390,000 --
Drakes Berle -- --
Drakes Berle -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gladston Gerald $420,000
Closed Gladston Gerald $420,000
Previous Owner Chukwuma Chukwunweike Victor $810,052
Previous Owner Winkler Martin $100,000
Previous Owner Winkler Martin $350,000
Previous Owner Lewis Boragellas Gladys $365,493
Previous Owner Snt Properties Corp $156,250
Previous Owner Castillo Nelson $98,000
Previous Owner Cam Enterprise Corp $0
Previous Owner Cam Enterprise Corp $392,000
Previous Owner Drakes Berle $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2022 07/17/22 Off Market $1,060,000 -- --
05/16/2022 05/16/22 Sold $1,060,000 -3.6% $606 / Sq Ft
01/28/2022 01/28/22 For Sale $1,099,995 -- $629 / 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 $1,812 $42,960 $16,380 $26,580
2024 $1,812 $50,100 $16,380 $33,720
2023 $1,746 $61,140 $16,380 $44,760
2022 $1,287 $50,040 $16,380 $33,660
2021 $1,770 $46,800 $16,380 $30,420
2020 $831 $48,420 $16,380 $32,040
2019 $1,573 $53,580 $16,380 $37,200
2017 $1,461 $7,165 $2,476 $4,689
2016 $1,401 $7,010 $3,271 $3,739
2015 $815 $6,618 $4,172 $2,446
2014 $815 $6,267 $4,739 $1,528
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10771397

Real Estate Board of New York (REBNY)

APN: 01553-0042