NOT LISTED FOR SALE

Estimated Value: $4,536,099

-- Bed
-- Bath
3,576 Sq Ft
$1,268/Sq Ft Est. Value

Last Sold October 16, 2014

Last sale price $2,875,000 $804 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $25,102/month

98 Days on Market

About This Home

As of October 2014

Fantastic investment opportunity! Newly renovated 4-unit mixed-use brick townhouse on a tree-lined block. 185 Sackett is situated on the border of Carroll Gardens and Cobble Hill, which provides easy access to the best of both neighborhoods. The property is comprised of three 2BR rental units and a commercial retail space on the ground floor. The commercial and second floor units include a private backyard. The top floor 2BR includes a private roof deck, which is accessed through the unit. Cap rate is approx. 6%.

Last Agent to Sell the Property

Jessica Peters

Douglas Elliman Real Estate License #10301209015 Listed on: 06/04/2014

Douglas Elliman Real Estate

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $12,622

Year Built

  • Built in 1920

Lot Details

  • 2,004

Home Design

  • Pre War Building

Interior Spaces

  • 3,576 Sq Ft Home
  • 4-Story Property

Community Details

  • 4 Units
  • Carlgdns Subdivision

Listing and Financial Details

  • Tax Block 331

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$12,622

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Cross Street: Hicks Street
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: CARLGDNS
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 4

Interior Features

  • Living Area: 3576.0
  • Living Area Units: Square Feet

Condo/Co-op/Association

  • Common Interest: Condop

Building Info

  • Units: 4
  • Total Stories: 4
  • Year Built: 1920

Tax Info

  • Tax Block: 331

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2014
Closed on
Oct 15, 2014
Sold by
Rbj Sackett Llc
Bought by
Johnston James Chance
Seller's Agent
Jessica Peters
Douglas Elliman Real Estate
List Price
$2,695,000
Sold Price
$2,875,000
Premium/Discount to List
$180,000
6.68%
Current Estimated Value
$4,536,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,661,099
Avg. Annual Appreciation
4.23%

Purchase Details

Closed on
Jul 17, 2012
Sold by
Macalino Aurea Dimalanta and Macalino Edgardo
Bought by
Rbj Sackett Llc and Silvershore Properties 24 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.7%
Mortgage Type
Commercial
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
Johnston James Chance $2,875,000 --
Rbj Sackett Llc $1,215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rbj Sackett Llc $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2014 10/16/14 Sold $2,875,000 +6.7% $804 / Sq Ft
09/16/2014 09/16/14 Pending -- -- --
06/09/2014 06/09/14 For Sale $2,695,000 -- $754 / 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 $12,622 $981,000 $247,950 $733,050
2024 $12,622 $1,222,020 $247,950 $974,070
2023 $11,469 $1,018,350 $247,950 $770,400
2022 $11,439 $848,700 $247,950 $600,750
2021 $11,107 $870,300 $247,950 $622,350
2020 $5,056 $845,100 $247,950 $597,150
2019 $9,794 $704,160 $247,950 $456,210
2018 $9,147 $71,917 $30,388 $41,529
2017 $9,147 $71,917 $35,223 $36,694
2016 $8,979 $69,646 $37,622 $32,024
2015 $5,573 $64,491 $35,570 $28,921
2014 $5,573 $59,738 $27,113 $32,625
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10473287

Real Estate Board of New York (REBNY)

APN: 00331-0038