NOT LISTED FOR SALE

1576 Eastern Pkwy Brooklyn, NY 11233

Ocean Hill Neighborhood

Estimated Value: $1,272,000 - $1,621,874

9 Beds
4 Baths
3,300 Sq Ft
$449/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $1,500,000 $455 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $8,213/month

170 Days on Market

Highlights

  • Pre War Building
  • Community Garden
  • Garden
  • Terrace
  • Intercom
  • 3-minute walk to Prospect Plaza Park

About This Home

As of October 2022

Investors dream! This gut renovated, 20' wide 3 family home with massive 2 car garage is now available for purchase. All three apartments feature new, designer kitchens with dishwashers and built-in microwaves, gut renovated bathrooms, split system A/C's in every room, recessed lighting, hardwood floors, casement windows and high ceilings. The bottom duplex is a 3 bedroom, 2 bathroom plus giant rec room with washer/dryer, private deck and exclusive access to the backyard. The two upper units are each 3 bedroom floor-through homes with the same high end finishes. All this plus a private garage large enough for two cars and plenty of storage to boot. Separate heat and hot water for every unit. Call today to schedule your viewing!

Last Agent to Sell the Property

Alex Pearl

Compass License #10301208921 Listed on: 03/09/2022

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,597

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 20.0 x 94.0
  • Garden

Parking

  • Garage

Home Design

  • Pre War Building

Interior Spaces

  • 3,300 Sq Ft Home
  • 3-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Terrace

Listing and Financial Details

  • Legal Lot and Block 41 / 1468

Community Details

Overview

  • Ocean Hill Subdivision

Amenities

  • Community Garden
  • Building Terrace

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,597

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Cross Street: Sterling Place/Park Place
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Ocean Hill
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Equipment (Other): Intercom
  • Living Area: 3300.0
  • Living Area Units: Square Feet
  • Rooms (Total): 16

Beds/Baths

  • Full Bathrooms: 4
  • Bathrooms Integer: 4
  • Bedrooms: 9

Exterior Features

  • Exterior Features: Building Garden, Garden
  • Patio/Porch Features: Building Terrace, Terrace

Garage/Parking

  • Garage: Yes

Lot Info

  • Lot Size Dimensions: 20.0 x 94.0

Building Info

  • Total Stories: 3
  • Year Built: 1920

Tax Info

  • Tax Block: 1468
  • Tax Lot: 41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2022
Closed on
Oct 6, 2022
Sold by
Sossa Emily and Sossa Luca
Bought by
Salfer Acquisitions Llc
Seller's Agent
Alex Pearl
Compass
List Price
$1,650,000
Sold Price
$1,500,000
Premium/Discount to List
-$150,000
-9.09%
Views
2
Current Estimated Value
$1,482,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,031
Avg. Annual Appreciation
0.25%
Original Mortgage
$1,050,000
Outstanding Balance
$1,011,580
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$499,302

Purchase Details

Closed on
Feb 9, 2018
Sold by
Rbm Ny Holdings Llc
Bought by
Sosso Emily and Sosso Luca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$984,525
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 2017
Sold by
Agas Re Management Llc
Bought by
Rbm Ny Holdings Llc

Purchase Details

Closed on
Jun 30, 2014
Sold by
Bowrin Dale
Bought by
Agas Re Management Llc

Purchase Details

Closed on
Aug 10, 2005
Sold by
Bowrin Anthony
Bought by
Bowrin Dale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 2003
Sold by
Borwin Anthony and Borwin Charles Valene
Bought by
Bowrin Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
5.95%

Purchase Details

Closed on
May 31, 2002
Sold by
Beau Sejour Corp
Bought by
Bowrin Anthony and Charles Valene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,750
Interest Rate
6.81%

Purchase Details

Closed on
Mar 20, 2001
Sold by
Saget Alix
Bought by
Beau Sejour Corp

Purchase Details

Closed on
Sep 10, 1999
Sold by
Saget Alix
Bought by
Beau Sejour Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.1%
Mortgage Type
Stand Alone First
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
Salfer Acquisitions Llc $1,500,000 --
Salfer Acquisitions Llc $1,500,000 --
Sosso Emily $1,395,000 --
Sosso Emily $1,395,000 --
Rbm Ny Holdings Llc $760,000 --
Rbm Ny Holdings Llc $760,000 --
Agas Re Management Llc $10,000 --
Agas Re Management Llc $10,000 --
Bowrin Dale $635,000 --
Bowrin Dale $635,000 --
Bowrin Anthony -- --
Bowrin Anthony -- --
Bowrin Anthony -- --
Bowrin Anthony -- --
Beau Sejour Corp -- --
Beau Sejour Corp -- --
Beau Sejour Corp -- Commonwealth Land Title Ins
Beau Sejour Corp -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salfer Acquisitions Llc $1,050,000
Closed Salfer Acquisitions Llc $1,050,000
Previous Owner Sosso Emily $984,525
Previous Owner Bowrin Dale $71,500
Previous Owner Bowrin Dale $500,000
Previous Owner Bowrin Anthony N $40,000
Previous Owner Bowrin Anthony $308,750
Previous Owner Beau Sejour Corp $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $1,500,000 0.0% $455 / Sq Ft
08/27/2022 08/27/22 Pending -- -- --
04/20/2022 04/20/22 Price Changed $1,500,000 -9.1% $455 / Sq Ft
03/09/2022 03/09/22 For Sale $1,650,000 +10.0% $500 / Sq Ft
01/19/2022 01/19/22 Off Market $1,500,000 -- --
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 $1,597 $41,700 $21,780 $19,920
2024 $1,597 $49,080 $21,780 $27,300
2023 $1,527 $59,820 $21,780 $38,040
2022 $1,421 $48,960 $21,780 $27,180
2021 $1,565 $53,700 $21,780 $31,920
2020 $734 $65,100 $21,780 $43,320
2019 $1,386 $63,660 $21,780 $41,880
2018 $1,278 $6,267 $2,508 $3,759
2017 $1,278 $6,267 $2,630 $3,637
2016 $1,238 $6,195 $3,508 $2,687
2015 $713 $5,846 $3,127 $2,719
2014 $713 $5,522 $3,546 $1,976
Source: Public Records

Agents Affiliated with this Home

  • Alex Pearl

    Seller's Agent in 2022

    Alex Pearl

    Compass

    (917) 952-4900

    1 in this area

    27 Total Sales

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10800697

Real Estate Board of New York (REBNY)

APN: 01468-0041

New York Kings County Brooklyn 11233 Ocean Hill

1576 Eastern Pkwy, Brooklyn, NY

This home is located at 1576 Eastern Pkwy, Brooklyn, NY 11233 since 09 March 2022 and is currently estimated at $1,482,969, approximately $449 per square foot. This property was built in 1920. 1576 Eastern Pkwy is a home located in Kings County with nearby schools including P.S. 156 Waverly, P.S. Is 155 Nicholas Herkimer, and P.S. 150 - Christopher.

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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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