$1,700,000
SOLD MAY 4, 2023
8 Beds
4 Baths
3,508 Sq Ft
3,180 Sq Ft Lot

Recently Sold

$485 Per Sq Ft

19% Below List Price

56 Days on Market

Highlights

  • Pre War Building
  • Intercom
  • Garage
  • Community Garden
  • Garden
  • Laundry Facilities

About This Home

As of May 2023

Discover this rare property at 1459 Sterling Place that is filled with natural light which comes in from the many windows on three sides of the property, has a legal parking spot, and sits on a huge 26.33 ft by 120 ft lot! The home is newly renovated with 2-units. The owner's unit features a 4 BR duplex apartment. The front door opens into the living room with south facing bay window and is adjoined by a large dining room area with east facing windows. The hallway continues to a large den area with a closet, 2 medium sized bedrooms, and a large primary bedroom with another bay window overlooking the backyard. The galley kitchen with window and door to backyard has an industrial style stainless steel sink, cabinets, and new appliances and leads out to a large backyard space perfect for barbeques and entertaining. The backyard also includes a large garage/office with electricity. The garden floor of the owner's duplex has a shared laundry room, a private entrance to the street, a large family room with butler's kitchen and a bathroom. In addition there is another room perfect for storage or recreation that has a staircase leading to the backyard. The second floor unit has been recently gut renovated, and includes 4 bedrooms, 2 bathrooms and a good sized kitchen/living room area. Heat is provided by hot water radiators and most rooms have ceiling fan to save on cooling costs year round. The home has nearby access to 2, 5 trains on Utica and Eastern Parkway or the A, C trains on Utica and Fulton. Owner's duplex is presently occupied but can be delivered vacant upon request.

Showings by open house Sundays or by appointment on Wednesdays from 5:30 pm to 6:30 pm. All showings must be requested at least 48 hours in advance of showing time.

Last Agent to Sell the Property

Kunsang Thurman

Compass License #10401269075 Listed on: 01/12/2023

Compass

Co-Listed By

Dan Bentov

Compass License #10401202186

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,357

Year Built

  • Built in 1901

Lot Details

  • Lot Dimensions are 26.0 x 120.0
  • Garden

Parking

  • Garage

Home Design

  • Pre War Building

Interior Spaces

  • 3,508 Sq Ft Home
  • 2-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Listing and Financial Details

  • Legal Lot and Block 76 / 1373

Community Details

Overview

  • Weeksville Subdivision

Amenities

  • Community Garden
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,357

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Cross Street: Utica Avenue/Rochester Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Weeksville
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Equipment (Other): Intercom
  • Living Area: 3508.0
  • Living Area Units: Square Feet
  • Rooms (Total): 16

Beds/Baths

  • Full Bathrooms: 4
  • Bathrooms Integer: 4
  • Bedrooms: 8

Exterior Features

  • Exterior Features: Building Garden, Garden

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Common Area

Lot Info

  • Lot Size Dimensions: 26.0 x 120.0

Building Info

  • Total Stories: 2
  • Year Built: 1901

Tax Info

  • Tax Block: 1373
  • Tax Lot: 76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2023
Closed on
May 4, 2023
Sold by
Spence-Bisi Kelitha
Bought by
New Isser
Seller's Agent
Kunsang Thurman
Compass
List Price
$2,099,000
Sold Price
$1,700,000
Premium/Discount to List
-$399,000
-19.01%
Views
100
Current Estimated Value
$1,645,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$54,155
Avg. Annual Appreciation
-0.96%
Original Mortgage
$1,360,000
Outstanding Balance
$1,325,828
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$338,015

Purchase Details

Closed on
Jun 17, 2022
Sold by
Spence-Bisi Kelitha
Bought by
Spence-Bisi Kelitha

Purchase Details

Listed on
Nov 27, 2018
Closed on
Mar 12, 2019
Sold by
Capvest Acquisitions Llc
Bought by
Bisi Francois and Spence-Bisi Kelitha
Seller's Agent
Dan Bentov
Compass
List Price
$1,160,000
Sold Price
$1,160,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.84%
Original Mortgage
$115,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2019
Sold by
Ifraimov Daniel
Bought by
Capvest Acquisitions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2018
Sold by
Capvest Acquisitions Llc
Bought by
Ifraimov Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2018
Sold by
Senkevitch Laura N and Sommer Alexander
Bought by
Capvest Acquisitions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$877,500
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2013
Sold by
Bolt Sonia and Forbes Gary
Bought by
Senkevitch Laura N and Sommer Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$538,293
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2004
Sold by
Elliott Hurlel A
Bought by
Bolt Sonia and Elliott Hurlel

Purchase Details

Closed on
Feb 4, 1997
Sold by
Mckenzie Edward and Mckenzie Valda L
Bought by
Mckenzie Valda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.76%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,700,000 --
Deed $1,700,000 --
Deed -- --
Deed -- --
Deed -- --
Deed $1,230,000 --
Deed -- --
Deed $1,230,000 --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed $990,000 --
Deed $990,000 --
Deed -- --
Deed $465,000 --
Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer $50,000 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,360,000 Purchase Money Mortgage
Closed $1,360,000 Purchase Money Mortgage
Previous Owner $350,000 Unknown
Previous Owner $268,000 Unknown
Previous Owner $1,087,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $115,000 New Conventional
Previous Owner $109,500 New Conventional
Previous Owner $877,500 Purchase Money Mortgage
Previous Owner $65,000 Unknown
Previous Owner $12,094 No Value Available
Previous Owner $538,293 New Conventional
Previous Owner $75,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2023 05/04/23 Sold $1,700,000 -2.9% $485 / Sq Ft
03/10/2023 03/10/23 Pending -- -- --
02/19/2023 02/19/23 Price Changed $1,749,999 -12.5% $499 / Sq Ft
01/24/2023 01/24/23 Price Changed $1,999,000 -4.8% $570 / Sq Ft
01/12/2023 01/12/23 For Sale $2,099,000 +80.9% $598 / Sq Ft
03/27/2019 03/27/19 Sold $1,160,000 0.0% $331 / Sq Ft
03/01/2019 03/01/19 Pending -- -- --
11/27/2018 11/27/18 For Sale $1,160,000 -- $331 / 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 $5,357 $58,680 $26,880 $31,800
2024 $5,357 $69,060 $26,880 $42,180
2023 $5,417 $76,200 $26,880 $49,320
2022 $5,284 $77,760 $26,880 $50,880
2021 $5,255 $72,960 $26,880 $46,080
2020 $2,465 $70,260 $26,880 $43,380
2019 $4,650 $61,740 $26,880 $34,860
2018 $4,531 $22,227 $13,312 $8,915
2017 $4,497 $22,058 $10,660 $11,398
2016 $4,160 $20,810 $13,395 $7,415
2015 $2,510 $19,634 $10,243 $9,391
2014 $2,510 $18,523 $11,515 $7,008
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10848760

Real Estate Board of New York (REBNY)

APN: 01373-0076