Seller's Agent in 2022
MARK MARTOV
Corcoran Group
(212) 355-3550
5 in this area
75 Total Sales
Estimated Value: $1,109,000 - $1,888,000
Opportunity knocks for the savvy investor or end user at 1412 Herkimer Street!
This stately, legal three-family unit, brick beauty underwent a complete renovation and will reward its new owner with ample income as well as lovely place to call home. Clocking in at 20' wide (on a 98' lot) the proportions make each unit imminently livable and inviting.
There is much to admire in its finely repointed brick facade with wide stoop and iron railing along with a new black cornice and black framed windows-the effect is both striking and classic. Enter at sidewalk level into what could easily be the owner's unit: featuring two levels of living space and a deep and lush backyard. This lower apartment features a brand-new kitchen, gorgeous hardwood flooring, two sizable bedrooms, and two full bathrooms. The finishes are all bright and clean and endlessly appealing. The lower, basement level is open and perfectly suited as a living room, entertainment room, home office or sleeping area.
The middle unit is a mirror of the lower apartment and includes two bedrooms, two full baths, a fantastic kitchen and high ceilings allowing light to stream through the windows all day long.
The top floor is a knockout, featuring four bedrooms, two full bathrooms, extra-high ceilings with a dramatic skylight and the same quality finishes and flooring of units 1 and 2.
Each of the three apartments includes central AC and heat and a stacked washer/dryer and all new electric and plumbing throughout. Whether you opt to live in one unit and collect rent on two others, or if you are looking for a straight up investment, 1412 Herkimer Street needs nothing more than for you to decide which option to go with. Whatever you decide, you simply can't go wrong with this rock-solid investment nestled in the midst of all Bed-Stuy and Bushwick have to offer.
Last Agent to Sell the Property
Corcoran Group License #10401264653 Listed on: 08/26/2021
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Townhouse Rental Llc | -- | -- | |
| Townhouse Rental Ii Llc | $1,495,000 | -- | |
| Joe 516 849 1406 Llc | $765,000 | -- | |
| United Herkimer Llc | $650,000 | -- | |
| 1412 Herkimer Realty Corp | $130,000 | -- | |
| 1412 Herkimer Realty Corp | -- | -- | |
| 1412 Herkimer Realty Corp | -- | -- | |
| 1412 Herkimer Realty Corp | $100,000 | -- | |
| Jsa Equities Inc | $295,749 | -- | |
| Blue Pen Development Inc | $75,000 | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Townhouse Rental Llc | $79,979,094 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/12/2022 01/12/22 | Sold | $1,450,000 | -3.0% | $532 / Sq Ft |
| 12/13/2021 12/13/21 | Pending | -- | -- | -- |
| 08/26/2021 08/26/21 | For Sale | $1,495,000 | -- | $549 / Sq Ft |
| 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 | $8,493 | $89,220 | $18,840 | $70,380 |
| 2024 | $8,493 | $104,940 | $18,840 | $86,100 |
| 2023 | $8,587 | $109,320 | $19,620 | $89,700 |
| 2022 | $2,296 | $51,960 | $19,620 | $32,340 |
| 2021 | $2,284 | $57,000 | $19,620 | $37,380 |
| 2020 | $1,595 | $56,040 | $19,620 | $36,420 |
| 2019 | $2,023 | $44,580 | $19,620 | $24,960 |
| 2018 | $1,972 | $9,672 | $4,888 | $4,784 |
| 2017 | $1,953 | $9,583 | $5,760 | $3,823 |
| 2016 | $1,808 | $9,043 | $5,548 | $3,495 |
| 2015 | $1,090 | $8,533 | $6,023 | $2,510 |
| 2014 | $1,090 | $8,060 | $5,689 | $2,371 |
Seller's Agent in 2022
MARK MARTOV
Corcoran Group
(212) 355-3550
5 in this area
75 Total Sales
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10752050
APN: 01572-0012