NOT LISTED FOR SALE

Estimated Value: $2,207,316 - $3,001,000

4 Beds
4 Baths
2,240 Sq Ft
$1,181/Sq Ft Est. Value

Last Sold July 26, 2021

Last sale price $1,950,000 $871 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $14,405/month

106 Days on Market

Highlights

  • Pre War Building
  • 5-minute walk to Nassau Avenue
  • Intercom
  • P.S. 34 Oliver H Perry Rated A-

About This Home

As of July 2021

Welcome to 160 Guernsey Ave! Located in Prime Greenpoint, this is a legal, income producing 4-family in renovated, move-in condition. The first two floors are the combined, owner’s duplex. The first floor features an open kitchen/living room, full bath and access to a wonderful backyard. The second floor has the large bedroom, full bath and walk in closet with full sized, stacked washer and dryer. The upper two floors offer market rate rents and can be delivered vacant. The current rents – Unit 3 - $2,575Unit 4 - $2,600 Building Sqft – 2,240Building Dimensions - 16 ft x 35 ftLot Sqft – 800Lot Dimensions – 16 ft x 50 ftZoning R6BAnnual Taxes – $4,675 This property is perfect for the live/work home owner looking for additional income or as a full on investment. You’re within walking distance to everything Greenpoint/Williamsburg has to offer which includes access to the parks, water front, some of NYC’s best restaurants, bars and transportation. Call to schedule a private showing.

Last Agent to Sell the Property

Nicholas Lounsbury

Compass License #10401300663 Listed on: 03/11/2021

Compass

Co-Listed By

David Chi

MNS License #10301205194

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,652

Year Built

  • Built in 1899

Lot Details

  • Lot Dimensions are 16.0 x 50.0

Home Design

  • Pre War Building

Interior Spaces

  • 2,240 Sq Ft Home
  • 4-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Community Details

  • Greenpoint Subdivision

Listing and Financial Details

  • Legal Lot and Block 59 / 2618

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,652

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Cross Street: Meserole Avenue/Norman Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Greenpoint
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4

Interior Features

  • Equipment (Other): Intercom
  • Living Area: 2240.0
  • Living Area Units: Square Feet

Beds/Baths

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

Garage/Parking

  • Garage: No

Fee Information

  • Annual Water Sewer Expense: 2240.0

Lot Info

  • Lot Size Dimensions: 16.0 x 50.0

Building Info

  • Total Stories: 4
  • Year Built: 1899

Tax Info

  • Tax Block: 2618
  • Tax Lot: 59

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2021
Closed on
Jul 26, 2021
Sold by
160 Guernsey Llc
Bought by
Hong Theresa
Seller's Agent
Nicholas Lounsbury
Compass
List Price
$1,950,000
Sold Price
$1,950,000
Current Estimated Value
$2,646,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$696,329
Avg. Annual Appreciation
7.43%
Original Mortgage
$1,560,000
Outstanding Balance
$1,420,638
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,225,691

Purchase Details

Closed on
May 21, 2015
Sold by
Finnerty Mary Jane V
Bought by
160 Guernsey Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 1997
Sold by
Finnerty Donald J
Bought by
Finnerty Mary Jane
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
Hong Theresa $1,950,000 --
Hong Theresa $1,950,000 --
160 Guernsey Llc $1,400,000 --
160 Guernsey Llc $1,400,000 --
Finnerty Mary Jane $80,000 --
Finnerty Mary Jane V -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hong Theresa $1,560,000
Closed Hong Theresa $1,560,000
Previous Owner 160 Guernsey Llc $1,050,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2021 07/26/21 Sold $1,950,000 0.0% $871 / Sq Ft
06/26/2021 06/26/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $1,950,000 -- $871 / 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 $6,652 $34,620 $11,760 $22,860
2024 $6,652 $33,120 $11,760 $21,360
2023 $4,826 $509,850 $88,200 $421,650
2022 $4,813 $424,800 $88,200 $336,600
2021 $4,675 $339,750 $88,200 $251,550
2020 $3,506 $274,950 $88,200 $186,750
2019 $4,121 $274,950 $88,200 $186,750
2018 $3,849 $30,260 $11,652 $18,608
2017 $3,849 $30,260 $13,541 $16,719
2016 $3,780 $29,318 $16,418 $12,900
2015 $2,345 $27,147 $18,222 $8,925
2014 $2,345 $25,138 $16,873 $8,265
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10704183

Real Estate Board of New York (REBNY)

APN: 02618-0059