NOT LISTED FOR SALE

Estimated Value: $1,380,702 - $2,354,000

5 Beds
2.5 Baths
2,088 Sq Ft
$856/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $1,615,000 $773 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $10,044/month

108 Days on Market

Highlights

  • Pre War Building
  • Intercom
  • 3-minute walk to Kingston Avenue

About This Home

As of June 2023

** CONTRACT SIGNED** Union Street Diamond in the Rough! Welcome to 1502 Union Street. This Classic Barrel Front 2 Family Limestone in the heart of Crown Height's is the Diamond in the rough that you've been waiting for. The generous proportions and current configuration here offers 2 units that consist of 3 and 2 bedroom apartments with 1 bathroom each over a full basement and half bath. This home sits on a raised 20X100 lot with front and rear yards awaiting your Landscaping design expertise. This home is being sold AS IS! Make your appointment to view TODAY!

Last Agent to Sell the Property

Pamela Young

Compass License #40YO0937914 Listed on: 09/14/2022

Compass

Co-Listed By

Shameika Wade

Compass License #10301210024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1899

Lot Details

  • Lot Dimensions are 20.0 x 100.0

Home Design

  • Pre War Building

Interior Spaces

  • 2,088 Sq Ft Home
  • 3-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 5 Bedrooms

Community Details

  • Crown Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 38 / 1279

Property Details

Home Type

Multi-Family

Year Built

Built in 1899

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Kingston Avenue/Albany Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Crown Heights
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Equipment (Other): Intercom
  • Living Area: 2088.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 5

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 20.0 x 100.0

Building Info

  • Total Stories: 3
  • Year Built: 1899

Tax Info

  • Tax Block: 1279
  • Tax Lot: 38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2022
Closed on
Jun 30, 2023
Sold by
Anderson Clayton Dawn and Anderson Ivy
Bought by
1502 Union Llc
Seller's Agent
Pamela Young
Compass
List Price
$1,725,000
Sold Price
$1,615,000
Premium/Discount to List
-$110,000
-6.38%
Views
19
Current Estimated Value
$1,787,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,176
Avg. Annual Appreciation
3.79%
Original Mortgage
$1,152,500
Outstanding Balance
$1,119,242
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$667,934
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
1502 Union Llc $1,615,000 --
1502 Union Llc $1,615,000 --
1502 Union Llc $1,615,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1502 Union Llc $1,152,500
Closed 1502 Union Llc $1,152,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2023 06/30/23 Sold $1,615,000 0.0% $773 / Sq Ft
06/27/2023 06/27/23 Off Market $1,615,000 -- --
01/04/2023 01/04/23 Price Changed $1,615,000 0.0% $773 / Sq Ft
01/01/2023 01/01/23 Pending -- -- --
12/24/2022 12/24/22 Off Market $1,615,000 -- --
09/14/2022 09/14/22 For Sale $1,725,000 -- $826 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $7,712 $108,180 $18,000 $90,180
2024 $7,712 $85,440 $18,000 $67,440
2023 $7,073 $75,000 $18,000 $57,000
2022 $6,627 $61,740 $18,000 $43,740
2021 $6,897 $66,420 $18,000 $48,420
2019 $3,397 $69,780 $18,000 $51,780
2018 $5,857 $30,190 $8,072 $22,118
2017 $2,296 $28,862 $8,447 $20,415
2016 $2,226 $28,483 $10,433 $18,050
2015 $1,203 $28,033 $15,379 $12,654
2014 $1,203 $26,666 $17,549 $9,117
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10867163

Real Estate Board of New York (REBNY)

APN: 01279-0038

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