NOT LISTED FOR SALE

Estimated Value: $1,275,000 - $1,459,000

-- Bed
-- Bath
3,276 Sq Ft
$419/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $1,160,000 $354 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $8,373/month

20 Days on Market

About This Home

As of March 2020

Exceptional, solid-brick, multi-family investment property, just hitting the market in Stuyvesant Heights! With nearly 3,300 square feet of living space, on an oversize lot with more than 2,000 square feet of land, this 3-family home is an awesome opportunity to own a multi-family property on a very quiet block. That's right, Suydam Place is a very peaceful street, off the beaten path, and yet close to everything this great area has to offer! This beautiful building will be delivered vacant and is move-in ready, with hardwood floors, and clean modern kitchens on each floor! Top unit is a 3-bedroom, 1-bathroom home with loads of natural sunlight pouring through wide-open windows; the second floor is also a 3-bedroom, 1-bathroom apartment, much like the one above, and the first floor is a large 2-bedroom, 1-bathroom unit that has the added benefit of garden access in back! Just a short, 2-minute walk to the Utica avenue A and C trains and right around the corner from Fulton! This is an amazing opportunity to own a revenue producing, multi-family rental property in this red-hot market! Call today!

Co-Listed By

Rebecca Goldberg

Douglas Elliman Real Estate License #10301216846

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,805

Lot Details

  • 2,047

Home Design

Interior Spaces

  • 3-Story Property

Community Details

  • 3 Units
  • Bed Stuy Subdivision

Listing and Financial Details

  • Legal Lot and Block 25 / 1709

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,805

Lot Details

0

Listing Details

  • Cross Street: herkimer St/Atlantic Ave
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: BED-STUY
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Garage/Parking

  • Garage: No

Building Info

  • Units: 3
  • Total Stories: 3

Tax Info

  • Tax Block: 1709
  • Tax Lot: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2021
Sold by
Khan Khurram and Ranjha Choudry Z
Bought by
Khan Jehanzeb and Khan Khurram
Current Estimated Value
$1,371,458

Purchase Details

Listed on
Oct 7, 2019
Closed on
Mar 20, 2020
Sold by
Bromfield Merlene and Bromfield Trevor
Bought by
Khan Khurram and Ranjha Choudry Z
List Price
$1,150,000
Sold Price
$1,160,000
Premium/Discount to List
$10,000
0.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.54%
Original Mortgage
$928,000
Outstanding Balance
$825,653
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$503,832

Purchase Details

Listed on
Oct 7, 2019
Closed on
Mar 16, 2020
Sold by
Bromfield Merlene and Bromfield Trevor
Bought by
Bromfield Merlene and Bromfield Trevor
List Price
$1,150,000
Sold Price
$1,160,000
Premium/Discount to List
$10,000
0.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$928,000
Outstanding Balance
$825,653
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$503,832

Purchase Details

Closed on
May 22, 2013
Sold by
Porteous Enid R
Bought by
Bromfield Merlene H

Purchase Details

Closed on
Jun 30, 2005
Sold by
Autumn Equities Llc
Bought by
Bromfield Merlene and Bromfield Trevor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,800
Interest Rate
5.67%

Purchase Details

Closed on
Feb 22, 2005
Sold by
Carlton Capital Corp
Bought by
Autumn Equities Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 2004
Sold by
Julius Julie W and Julius Perry
Bought by
Carlton Capital Corp
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
Khan Jehanzeb -- --
Khan Jehanzeb -- --
Khan Khurram $1,160,000 --
Khan Khurram $1,160,000 --
Bromfield Merlene -- --
Bromfield Merlene -- --
Bromfield Merlene H -- --
Bromfield Merlene H -- --
Bromfield Merlene $699,000 --
Bromfield Merlene $699,000 --
Autumn Equities Llc $189,000 --
Autumn Equities Llc $189,000 --
Carlton Capital Corp $127,000 --
Carlton Capital Corp $127,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Khurram $928,000
Closed Khan Khurram $928,000
Previous Owner Bromfield Merlene $139,800
Previous Owner Bromfield Merlene $559,200
Previous Owner Autumn Equities Llc $189,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2020 03/20/20 Sold $1,160,000 +0.9% $354 / Sq Ft
11/01/2019 11/01/19 Pending -- -- --
10/11/2019 10/11/19 For Sale $1,150,000 -- $351 / 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 $10,805 $68,220 $19,920 $48,300
2024 $10,805 $70,800 $19,920 $50,880
2023 $10,194 $80,160 $19,920 $60,240
2022 $9,724 $84,420 $19,920 $64,500
2021 $10,018 $74,640 $19,920 $54,720
2020 $7,322 $69,780 $19,920 $49,860
2019 $9,085 $55,500 $19,920 $35,580
2018 $8,324 $42,294 $15,180 $27,114
2017 $7,834 $39,900 $19,920 $19,980
2016 $8,159 $42,364 $17,986 $24,378
2015 $5,008 $41,208 $20,801 $20,407
2014 $5,008 $38,876 $18,875 $20,001
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10603532

Real Estate Board of New York (REBNY)

APN: 01709-0025