NOT LISTED FOR SALE

Estimated Value: $3,910,000 - $4,551,530

-- Bed
-- Bath
3,048 Sq Ft
$1,358/Sq Ft Est. Value

Last Sold June 14, 2017

Last sale price $2,615,000 $858 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $22,701/month

130 Days on Market

About This Home

As of June 2017

Just-listed brownstone/brick, 4-story, 5-bedroom, townhouse sets the bar high from its bay-windowed, high-stoop, double-door, history-rich facade on a treed block in the prime North Slope. This 1890's 2-family, converted from a 1-, waltzes you through its delightful interior, with decorative mantels, high ceilings, period plaster arches, leaded glass, wainscoting, parquet floors, french doors, graceful parlor stairway, & woodwork trim framing the home's many windows. This double-duplex gem will be delivered vacant, so you may refresh it as 2 existing duplexes; perhaps convert to a triplex with garden rental; or luxuriate in this as a 1-family. Currently the lower duplex offers 1-bedroom + study (or nursery) & family room, topped off by a flowing parlor living room & eat-in country kitchen, opening onto a terrace. The backyard, off the lower level, is ripe for your landscaping designs & outdoor-entertaining whimsy. Adding a second full bath or even another true bedroom would be seamless . . . given the building's footprint. The 3-bedroom upper duplex is primed for renovation to ensure the highest-possible income. If you wish to pop in another bath, here too you have the square footage to do it! Yet, if you opt for easy repainting & bath/kitchen tweaks here or there, you may still bank $5800-$6500 monthly income from this worthy apartment. Full cellar that can be renovated as media/workout area; washer & dryer; dishwasher & other appliances might be traded up. R.E. taxes 2016: $6710, with Star exemption.The variety of brownstones, carriage houses, & frame "painted ladies" on Berkeley Place is a dreamscape, & this home will be your realty "dream-come-true." Make this your wise home-buying choice in the New Year 2017. You will revel in Prospect Park, a mere whisper away; the bounty of dining & shopping choices the Slope boasts; & let's not forget about the multitude of trains & area services that will spoil you. Beloved Berkeley, with its iconic community spirit, block parties, & high-"walk score," will sweep you off your feet! The neighborhood fully supports local businesses, especially its eateries/cafes, like Al Di La Trattoria, Kiwiana, Rose Water & Santa Fe Grill. With "158" fully vacant within the next couple of months, you will be all moved in, amidst fresh springtime greenery. And the green in your wallet, with modest interest rates, will be an added perk! Use those found dollars wisely: for concert & sports tickets at nearby Barclays Center or to book a sweep of yoga or dance classes. Mind, Body, Spirit: the Slope nurtures them all! Move here, and you will ask yourself: Why did I ever live anywhere else?

Last Agent to Sell the Property

Geraldine Griffin

Brown Harris Stevens Brooklyn LLC License #10301207142 Listed on: 01/04/2017

Co-Listed By

Rod Murray

Brown Harris Stevens Brooklyn LLC License #10301207158

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,816

Lot Details

  • 1,830

Home Design

Community Details

  • 2 Units
  • Park Slope Subdivision

Listing and Financial Details

  • Exclusions: ac's in upper duplex
  • Legal Lot and Block 0037 / 00954

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,816

Lot Details

0

Listing Details

  • Exclusions: ac's in upper duplex
  • Inclusions: Ceiling fans, overhead lighting, lower duplex ac's
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Park Slope
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily

Building Info

  • Units: 2

Tax Info

  • Tax Block: 00954
  • Tax Lot: 0037

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2017
Closed on
Jun 6, 2017
Sold by
Cgk 158 2011 Irrevocable Trust and Cgk 2011 Irrevocable Trust
Bought by
158 Berkeley Llc
Seller's Agent
Geraldine Griffin
Brown Harris Stevens Brooklyn LLC
List Price
$2,785,000
Sold Price
$2,615,000
Premium/Discount to List
-$170,000
-6.1%
Current Estimated Value
$4,139,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,524,633
Avg. Annual Appreciation
5.65%
Original Mortgage
$2,092,000
Outstanding Balance
$1,740,108
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,399,525

Purchase Details

Closed on
Jan 20, 2012
Sold by
Carolyn G Kalett 2005 Revocable Trust and Carolyn G Kalett Trustee
Bought by
Cgk 158 2011 Irrevocable Trust and Ethan Kalett Trustee

Purchase Details

Closed on
Aug 26, 2005
Sold by
Kalett Carolyn G
Bought by
Carolyn G Kalett 2005 Revocable Trust

Purchase Details

Closed on
Aug 2, 2004
Sold by
Kalett Carolyn G and Kalett James M
Bought by
Kalett Carolyn G
Source: Public Records

Range of Values:

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Average Value
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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
158 Berkeley Llc $2,615,000 --
158 Berkeley Llc $2,615,000 --
Cgk 158 2011 Irrevocable Trust -- --
Cgk 158 2011 Irrevocable Trust -- --
Carolyn G Kalett 2005 Revocable Trust -- --
Carolyn G Kalett 2005 Revocable Trust -- --
Kalett Carolyn G -- --
Kalett Carolyn G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 158 Berkeley Llc $2,092,000
Closed 158 Berkeley Llc $2,092,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2017 06/14/17 Sold $2,615,000 -6.1% $858 / Sq Ft
05/15/2017 05/15/17 Pending -- -- --
01/05/2017 01/05/17 For Sale $2,785,000 -- $914 / 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 $9,816 $232,200 $40,320 $191,880
2024 $9,816 $214,740 $40,320 $174,420
2023 $9,433 $220,920 $40,320 $180,600
2022 $8,227 $201,240 $40,320 $160,920
2021 $8,599 $183,960 $40,320 $143,640
2020 $6,540 $199,200 $40,320 $158,880
2019 $8,523 $206,580 $40,320 $166,260
2018 $7,783 $41,412 $6,037 $35,375
2017 $7,321 $39,082 $7,899 $31,183
2016 $6,750 $36,874 $10,061 $26,813
2015 $4,227 $36,874 $9,505 $27,369
2014 $4,227 $36,577 $11,071 $25,506
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10059915

Real Estate Board of New York (REBNY)

APN: 00954-0037