NOT LISTED FOR SALE

Estimated Value: $2,017,000 - $2,953,000

6 Beds
3 Baths
3,000 Sq Ft
$828/Sq Ft Est. Value

Last Sold September 07, 2022

Last sale price $2,300,000 $767 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $15,097/month

47 Days on Market

Highlights

  • Pre War Building
  • Terrace
  • Building Terrace
  • P.S. 154 The Windsor Terrace School Rated A

About This Home

As of September 2022

Expansive and unique 50' wide, 2 family home + doctor's office (used as a 3 family ), is superbly located in the heart of Windsor Terrace. With charm and character, this well maintained home with a distinctive patterned brick facade, offers a plethora of possibilities. Use in its current configuration as a three family, convert to a two family duplex with a first floor rental (see alternate floorplan), or go back to the two family plus doctors office status.

The property possesses beautiful pre-war details such as leaded-glass entryways, fully intact picture frame moldings in the living and dining rooms, parquet floors, and a gorgeous stairway leading upstairs, and up to the roof, which is in excellent condition. High ceilings are an additional benefit.

The first floor is set up as a studio apartment and was fully renovated a year and a half ago adding a wall easily turns this into a proper one bedroom apartment. The kitchen and the bath in this apartment are lovely - the kitchen has plentiful maple cabinetry and granite countertops and stainless appliances, including a microwave and a dishwasher. This apartment also functions as a maisonette, as there are two entrancesone through the building, the other directly into the apartment.

The second floor is a lovely two bedroom apartment, complete with a living room and dining room, and a large eat-in-kitchen. It is easy to turn this into a three bedroom apartment to maximize rental income.

The third floor is sunny and is a proper three bedroom apartment, complete with a living room and a dining room.

Situated on a quiet street just a block from Prospect Park and close to all shopping and transportation, amenities abound. Nearby eateries include Krupa Grocery, Poetica, Double Windsor, Windsor Tavern, Elora's and Giovanni's Bklyn Eats. Or walk into Park Slope for additional options. Use the playground at P.S. 154 up the street, or head into Prospect Park. It's just moments to the subway to the F/G trains at 15th St.

Don't miss this unique opportunity to create a spacious dream home with rental income in prime Windsor Terrace!

Last Agent to Sell the Property

Carolyn Cedar

Compass License #10301206764 Listed on: 06/16/2022

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,267

Year Built

  • Built in 1920

Lot Details

  • 1,220

Home Design

  • Pre War Building

Interior Spaces

  • 3,000 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Terrace
  • Lot Dimensions are 50.0 x 24.0

Community Details

  • Windsor Terrace Subdivision
  • Building Terrace

Listing and Financial Details

  • Legal Lot and Block 43 / 1111

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,267

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Cross Street: 16th Street/Windsor Place
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Windsor Terrace
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Living Area: 3000.0
  • Living Area Units: Square Feet
  • Rooms (Total): 15

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 6

Exterior Features

  • Patio/Porch Features: Building Terrace, Terrace

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 50.0 x 24.0

Building Info

  • Total Stories: 3
  • Year Built: 1920

Tax Info

  • Tax Block: 1111
  • Tax Lot: 43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Aug 31, 2022
Sold by
Mogul Bornstein Flora
Bought by
Gebo Matthew and Nair Gebo Priya
Seller's Agent
Carolyn Cedar
Compass
List Price
$2,300,000
Sold Price
$2,300,000
Views
5
Current Estimated Value
$2,634,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,104
Avg. Annual Appreciation
2.59%
Original Mortgage
$1,400,000
Outstanding Balance
$1,342,371
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,141,369

Purchase Details

Closed on
Nov 10, 2004
Sold by
Bornstein Richard
Bought by
Mogul Bornstein Flora
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
Gebo Matthew $2,300,000 --
Mogul Bornstein Flora $159,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gebo Matthew $1,400,000
Previous Owner Bornstein Flora Mogul $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2022 09/07/22 Sold $2,300,000 0.0% $767 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
06/21/2022 06/21/22 For Sale $2,300,000 -- $767 / 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 $10,267 $233,100 $33,540 $199,560
2024 $10,267 $222,840 $33,540 $189,300
2023 $10,070 $252,000 $33,540 $218,460
2022 $9,052 $239,340 $33,540 $205,800
2021 $9,130 $201,420 $33,540 $167,880
2020 $4,538 $168,360 $33,540 $134,820
2019 $8,618 $133,860 $33,540 $100,320
2018 $8,125 $41,320 $9,115 $32,205
2017 $7,647 $38,983 $8,583 $30,400
2016 $6,995 $37,324 $11,092 $26,232
2015 $4,216 $37,324 $16,880 $20,444
2014 $4,216 $35,498 $18,761 $16,737
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10794302

Real Estate Board of New York (REBNY)

APN: 01111-0043