NOT LISTED FOR SALE

141 Berkeley Place Brooklyn, NY 11217

Park Slope Neighborhood

Estimated Value: $4,148,000 - $5,109,517

5 Beds
4.5 Baths
3,378 Sq Ft
$1,335/Sq Ft Est. Value

Last Sold April 06, 2021

Last sale price $2,950,000 $873 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $24,891/month

4,035 Days on Market

Highlights

  • Pre War Building
  • 5-minute walk to 7 Avenue (B,Q Line)
  • Intercom
  • P.S. 282 Park Slope Rated A
  • Terrace
  • 4-minute walk to Park Slope Playground

About This Home

As of April 2021

An opportunity awaits the savvy buyer in this classic brownstone situated on idyllic Berkeley Place in the Park Slope historic district. This well-maintained 4-story building with finished cellar is currently configured as an income-producing 3-family with a solid 4% cap rate, but can be converted to an expansive single family or owner's triplex with rental duplex. All units are equipped with washer-dryers and the garden-cellar duplex also has central HVAC and rec room.

Centrally located in North Park Slope, 141 Berkeley Place is surrounded by fabulous restaurants and is only a block to the Park Slope Food Co-op and an avenue away from a weekly Farmer's Market at Prospect Park. The Brooklyn Library, Brooklyn Botanic Garden, Brooklyn Museum, and Barclays Center offer entertainment for everyone, while commuting is a breeze with the 2, 3, B, Q, and R trains nearby.

Last Agent to Sell the Property

Fouad Rahme

Compass License #10301217357 Listed on: 10/07/2020

Compass

Co-Listed By

Grace Rahme

Compass License #10301203381

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,638

Year Built

  • Built in 1899

Lot Details

  • 1,655

Home Design

  • Pre War Building

Interior Spaces

  • 3,378 Sq Ft Home
  • 4-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 5 Bedrooms

Additional Features

  • Terrace
  • Lot Dimensions are 16.0 x 100.0
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 57 / 951

Community Details

Overview

  • Park Slope Subdivision

Amenities

  • Building Terrace
  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,638

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Cross Street: 6th Avenue/7th Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Park Slope
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4

Interior Features

  • Equipment (Other): Intercom
  • Living Area: 3378.0
  • Living Area Units: Square Feet
  • Rooms (Total): 13

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathrooms Integer: 5
  • Bedrooms: 5

Exterior Features

  • Patio/Porch Features: Building Terrace, Terrace

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area
  • Heating: Building Natural Gas, Natural Gas
  • Heating: Yes

Lot Info

  • Lot Size Dimensions: 16.0 x 100.0

Building Info

  • Total Stories: 4
  • Year Built: 1899

Tax Info

  • Tax Block: 951
  • Tax Lot: 57

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2020
Closed on
Apr 5, 2021
Sold by
Formack Berkeley Llc and Formanco Alpha Llc
Bought by
Ack Alpha Llc and Landi Patrick
Seller's Agent
Fouad Rahme
Compass
List Price
$2,950,000
Sold Price
$2,950,000
Current Estimated Value
$4,509,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,559,629
Avg. Annual Appreciation
9.78%
Original Mortgage
$2,220,000
Outstanding Balance
$2,007,592
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,502,037

Purchase Details

Listed on
Oct 7, 2020
Closed on
Apr 1, 2021
Sold by
Formack Berkeley Llc
Bought by
Formanco Alpha Llc
Seller's Agent
Fouad Rahme
Compass
List Price
$2,950,000
Sold Price
$2,950,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,220,000
Outstanding Balance
$2,007,592
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,502,037

Purchase Details

Closed on
Aug 25, 2010
Sold by
141 Berkeley Place Corp
Bought by
Formack Berkeley Llc

Purchase Details

Closed on
Jul 7, 2003
Sold by
Uwa Anthony O
Bought by
141 Berkeley Place 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
Ack Alpha Llc -- --
Landi Jenna $2,775,000 --
Ack Alpha Llc -- --
Formanco Alpha Llc -- --
Formanco Alpha Llc -- --
Formack Berkeley Llc $1,175,000 --
Formack Berkeley Llc $1,175,000 --
141 Berkeley Place Corp -- --
141 Berkeley Place Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landi Jenna $2,220,000
Closed Ack Alpha Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2021 04/06/21 Sold $2,950,000 0.0% $873 / Sq Ft
01/22/2021 01/22/21 Pending -- -- --
01/05/2010 01/05/10 For Sale $2,950,000 -- $873 / 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 $12,638 $242,400 $41,040 $201,360
2024 $12,638 $231,720 $41,040 $190,680
2023 $12,239 $229,320 $41,040 $188,280
2022 $11,516 $187,680 $41,040 $146,640
2021 $11,598 $185,940 $41,040 $144,900
2020 $5,765 $209,160 $41,040 $168,120
2019 $10,969 $214,920 $41,040 $173,880
2018 $10,238 $50,222 $7,163 $43,059
2017 $9,799 $48,072 $8,450 $39,622
2016 $9,181 $45,925 $9,016 $36,909
2015 $5,265 $45,925 $12,913 $33,012
2014 $5,265 $42,445 $12,660 $29,785
Source: Public Records

Agents Affiliated with this Home

  • Fouad Rahme

    Seller's Agent in 2021

    Fouad Rahme

    Compass

    (646) 207-6081

    4 in this area

    49 Total Sales

    Fouad Rahme
    Section Image
  • Grace Rahme

    Seller Co-Listing Agent in 2021

    Grace Rahme

    Compass

    (949) 275-7777

    4 in this area

    26 Total Sales

    Grace Rahme
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10673543

Real Estate Board of New York (REBNY)

APN: 00951-0057

New York Kings County Brooklyn 11217 Park Slope

141 Berkeley Place, Brooklyn, NY

This home is located at 141 Berkeley Place, Brooklyn, NY 11217 since 07 October 2020 and is currently estimated at $4,509,629, approximately $1,334 per square foot. This property was built in 1899. 141 Berkeley Place is a home located in Kings County with nearby schools including P.S. 282 Park Slope, Berkeley Carroll Elementary School, and Berkeley Carroll School.

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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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