NOT LISTED FOR SALE

Estimated Value: $2,721,000 - $3,401,000

4 Beds
3 Baths
3,200 Sq Ft
$999/Sq Ft Est. Value

Last Sold May 26, 2021

Last sale price $2,900,000 $906 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $17,980/month

5,263 Days on Market

Highlights

  • Rooftop Deck
  • Pre War Building
  • Intercom
  • P.S. 20 Clinton Hill Rated A
  • Terrace
  • Garden

About This Home

As of May 2021

EXCLUSIVELY SHOWN BY NADINE ADAMSON & KELSEY HALL AT BROWN HARRIS STEVENS

This extra deep four-story brownstone is the perfect opportunity for the savvy buyer who seeks a charming 2-bedroom duplex apartment to live in, while adding immediate high income from the 2nd duplex to pay off your long term investment. Also great for two buyers looking to partner up with each having their own duplex apartment- there's immediate equity here for a condo play! If you are a 1031 buyer or an investor only, this house has very high and immediate rental income and no work required. Can be delivered vacant or with high paying tenants in place.

186 Washington Ave a legal two-family in a prime location. It is in great condition, including modern windows, a restored facade, and all separate mechanicals (so each duplex pays their own bills and controls their own heat!) Each duplex is flooded with sunshine and has meticulous finishing--no detail has been overlooked! Each duplex has its own new heating system, hot-water boiler and electrical meter. The spacious kitchens have extensive custom cabinetry, bathrooms are beautiful and luxurious, and storage is plentiful.

Details include 5 original marble mantles, 2 that harbor relined wood-burning fireplaces, custom extra-wide plank floors, and big bright windows. The best of all worlds with each duplex offering private outdoor space that is maximized for year-round use. The lower duplex's parlor deck leads to a blue stone paved garden rimmed with perennials. The upper duplex has a private stair leading to a breathtaking roof terrace with Manhattan skyline views that include the Empire State Building and the Brooklyn & Manhattan bridges. Considered to be one of the most beautiful streets of Brooklyn, Washington Ave is framed by a canopy of trees that shade the wide sidewalks and deep front gardens of mansions and brownstones.

You will be perfectly located to take advantage of all the fun and convenience that Clinton Hill and Fort Greene offer: restaurants and shopping on Myrtle and Dekalb, the Brooklyn Academy of Music (BAM), Pratt Institute, Fort Greene Park, and for weekends, the Brooklyn Flea and the local Farmers Market.

Last Agent to Sell the Property

Isaac Metcalf

Compass License #10401268642 Listed on: 09/09/2020

Compass

Co-Listed By

Tali Berzak

Compass License #10301209148

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,821

Year Built

  • Built in 1899

Lot Details

  • Lot Dimensions are 16.0 x 100.0
  • Garden

Home Design

  • Pre War Building

Interior Spaces

  • 3,200 Sq Ft Home
  • 4-Story Property
  • Wood Burning Fireplace
  • Decorative Fireplace
  • Intercom

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Terrace

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 31 / 1903

Community Details

Overview

  • Clinton Hill Subdivision

Amenities

  • Rooftop Deck
  • Building Terrace

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,821

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Cross Street: Willoughby Avenue/Myrtle Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Clinton Hill
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4

Interior Features

  • Equipment (Other): Intercom
  • Fireplace Features: Decorative, Wood Burning
  • Fireplace: Yes
  • Living Area: 3200.0
  • Living Area Units: Square Feet
  • Rooms (Total): 10

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 4

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Building Cooling, Window Unit(s)
  • Heating: Building Natural Gas, Natural Gas
  • Heating: Yes

Lot Info

  • Lot Size Dimensions: 16.0 x 100.0

Building Info

  • Total Stories: 4
  • Year Built: 1899

Tax Info

  • Tax Block: 1903
  • Tax Lot: 31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2020
Closed on
May 21, 2021
Sold by
186 Washington Avenue Llc
Bought by
Rasmussen Paul and Velaise Alexander
Seller's Agent
Isaac Metcalf
Compass
List Price
$2,900,000
Sold Price
$2,900,000
Current Estimated Value
$3,134,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,613
Avg. Annual Appreciation
1.38%
Original Mortgage
$71,083
Outstanding Balance
$64,636
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,007,763

Purchase Details

Listed on
Feb 16, 2017
Closed on
Jun 30, 2017
Sold by
Delgado Joseph and Fasciano Justine
Bought by
186 Washington Avenue Llc
Seller's Agent
Nadine Adamson
Brown Harris Stevens Residential Sales LLC
List Price
$2,600,000
Sold Price
$2,600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.85%
Original Mortgage
$2,000,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2005
Sold by
Valerus Marie and Valerus Willer
Bought by
Delgado Joseph and Fasciano Justine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$491,500
Interest Rate
5.79%

Purchase Details

Closed on
Nov 26, 2003
Sold by
Valerus Marie
Bought by
Valerus Marie and Valerus Willer

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
5.9%

Purchase Details

Closed on
Jun 23, 2003
Sold by
Brownstone Development and Mitchell Nicholas
Bought by
Valerus Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 15, 2000
Sold by
Bishop Keith O
Bought by
Mitchell Jacqueline and Marquez Pauline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
9.5%
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
Rasmussen Paul $2,850,000 --
Rasmussen Paul $2,850,000 --
186 Washington Avenue Llc $2,600,000 --
186 Washington Avenue Llc $2,600,000 --
Delgado Joseph $1,160,000 --
Delgado Joseph $1,160,000 --
Valerus Marie -- --
Valerus Marie -- --
Valerus Marie $850,000 --
Valerus Marie $850,000 --
Brownstone Development $510,000 --
Mitchell Jacqueline $600,000 Fidelity National Title Ins
Mitchell Jacqueline $600,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rasmussen Paul $71,083
Closed Rasmussen Paul $71,083
Previous Owner 186 Washington Avenue Llc $2,000,000
Previous Owner Delgado Joseph $491,500
Previous Owner Delgado Joseph $556,496
Previous Owner Valerus Marie $650,000
Previous Owner Valerus Marie $100,000
Previous Owner Valerus Marie $650,000
Previous Owner Mitchell Jacqueline $480,000
Previous Owner Bishop Keith O $218,000
Closed Valerus Marie $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2022 04/20/22 Off Market $2,600,000 -- --
05/26/2021 05/26/21 Sold $2,900,000 +11.5% $906 / Sq Ft
07/05/2017 07/05/17 Sold $2,600,000 0.0% $451 / Sq Ft
06/05/2017 06/05/17 Pending -- -- --
02/16/2017 02/16/17 For Sale $2,600,000 -10.3% $451 / Sq Ft
10/11/2006 10/11/06 For Sale $2,900,000 -- $906 / 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 $9,821 $148,440 $38,040 $110,400
2024 $9,821 $174,660 $38,040 $136,620
2023 $9,514 $178,380 $38,040 $140,340
2022 $8,823 $176,580 $38,040 $138,540
2021 $8,826 $175,440 $38,040 $137,400
2020 $4,263 $173,460 $38,040 $135,420
2019 $8,524 $162,540 $38,040 $124,500
2018 $7,958 $39,040 $9,520 $29,520
2017 $7,508 $36,831 $10,392 $26,439
2016 $6,987 $34,951 $9,766 $25,185
2015 $4,191 $33,956 $14,221 $19,735
2014 $4,191 $33,956 $17,063 $16,893
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10665290

Real Estate Board of New York (REBNY)

APN: 01903-0031