NOT LISTED FOR SALE
6 Beds
5 Baths
2,530 Sq Ft
1899 Built

Sale Details

Date Sold: January 17, 2019

Last sale price $2,100,000 $830 Per Sq Ft

748 Days on Market

Highlights

  • Pre War Building
  • Laundry Facilities
  • 4-minute walk to Winthrop Playground
  • Intercom

About This Home

As of January 2019

Make Millions on this developer's dream. Welcome to 142 Lenox Road, a 23 foot wide, majestic limestone, two-family home in Prospect Lefferts Gardens with substantial development rights. The property is an ideal opportunity for a condo/rental development or an end user looking for significant, long term appreciation as it's situated on an 25 x 168ft lot with development rights of up to 14,534 (about 12,000 additional sqft in air rights). Zoning analysis, and set-up sheet available upon request. If a great income generating, two-family home is what you are after, this house has it all. The detailed facade showcases the history of this gorgeous locale with the entire house having been reconstructed in 2012. The owner's duplex is situated on the first floor and lower level, a sprawling space consisting of three bedrooms, three baths, and 2,800sqft of living space. This flexible, open floor plan is accented by a south facing, bay window and large pocket doors which lead into the master suite. The second and third bedrooms live towards the rear of the home and both are large in size with multiple exposures. On the lower level you'll find full height ceilings, a laundry room with washer/dryer, your third full bathroom and a ton of additional auxiliary space. Make your way upstairs to the second floor where you will find a massive, floor through, and equally stunning 1500sqft rental apartment. The unit features three bedrooms and two baths with tall ceilings, skylights, a grand living room, and tons of sunlight. The unit can be delivered with tenants in place or vacant if requested. In addition, the property boasts 2,000sqft of outdoor space and in the end, you have an epic, income generating home. 142 Lenox Road is in close proximity to the B, Q, 2 and 5 trains which get you to Union Square in 30 minutes. Also a very short walk to Prospect Park and close to tons of new development and businesses in the area. Included are renderings by Co-Office architects of what a fully developed condo project could look like. Please email for a complete zoning analysis.

Last Agent to Sell the Property

Steve Halpern

Compass License #10301217638 Listed on: 07/15/2017

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1899

Lot Details

  • Lot Dimensions are 25.0 x 168.0

Home Design

  • Pre War Building

Interior Spaces

  • 2,530 Sq Ft Home
  • 2-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Community Details

  • Prospect Lefferts Gardens Subdivision
  • Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 34 / 5084

Home Details

Home Type

Single Family

Year Built

Built in 1899

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Bedford Avenue/Rogers Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Prospect Lefferts Gardens
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Equipment (Other): Intercom
  • Living Area: 2530.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 5
  • Bathrooms Integer: 5
  • Bedrooms: 6

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area

Lot Info

  • Lot Size Dimensions: 25.0 x 168.0

Building Info

  • Total Stories: 2
  • Year Built: 1899

Tax Info

  • Tax Block: 5084
  • Tax Lot: 34

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2017
Closed on
Jan 17, 2019
Sold by
Bought by
Seller's Agent
Steve Halpern
Compass
List Price
$2,100,000
Sold Price
$2,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,250,000
Interest Rate
0.046%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
0.039%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
0.0398%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,100,000 --
$660,000 --
$115,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $153,794
Open $6,096,209
Closed $1,750,000
Closed $2,250,000
Previous Owner $528,000
Previous Owner $175,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/17/2019 01/17/19 Sold $2,100,000 0.0% $830 / Sq Ft
10/10/2018 10/10/18 Pending -- -- --
09/21/2016 09/21/16 For Sale $2,100,000 -- $830 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,464 $1,564,200 $180,450 $1,383,750
2025 $4,464 $1,545,750 $180,450 $1,365,300
2024 $4,464 $1,341,450 $180,450 $1,161,000
2023 $4,380 $1,340,550 $180,450 $1,160,100
2022 $4,380 $852,750 $180,450 $672,300
2021 $77,267 $743,850 $180,450 $563,400
2020 $3,973 $126,000 $126,000 $0
2019 $7,495 $92,520 $26,400 $66,120
2018 $7,279 $35,709 $10,330 $25,379
2017 $6,871 $33,708 $15,385 $18,323
2016 $6,363 $31,828 $15,842 $15,986
2015 $3,835 $31,380 $15,584 $15,796
2014 $3,835 $29,859 $15,220 $14,639
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10430621

Real Estate Board of New York (REBNY)

APN: 05084-0034

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