NOT LISTED FOR SALE

Estimated Value: $3,899,000 - $4,056,870

5 Beds
5 Baths
3,180 Sq Ft
$1,250/Sq Ft Est. Value

Last Sold August 19, 2021

Last sale price $3,200,000 $1,006 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $21,380/month

18 Days on Market

Highlights

  • Pre War Building
  • P.S. 9 The Sarah Smith Garnet School Rated A
  • 3-minute walk to 7 Avenue (B,Q Line)

About This Home

As of August 2021

Rare opportunity to own this marvelous two family townhouse in prime Prospect Heights location. This landmark gem has been updated while maintaining many of its original features. It is rare to see a property like this in such good condition! Entering the parlor floor feels like walking into a palace. You are greeted by the original doors, 11 foot high ceilings, oversized windows that allow light to fill the space and still have the original wood shudders in excellent condition. You will fall in love with the decorative fireplaces which are still in immaculate condition, located on every floor throughout this property. The townhouse is currently configured as an owners triplex over a garden apartment with access to the backyard and basement. With a few renovations the garden apartment has the potential for rental income. Bring your architect and you can really bring this space to its maximum potential. This townhouse is perfectly located in Prospect Heights, just three blocks away from Prospect Park, Brooklyn Museum, Brooklyn Botanical Gardens and Grand Army Plaza. Go see the cherry blossoms in bloom at the Botanical Garden, go for a stroll in Prospect Park, go to dinner on Vanderbilt Ave and go to the Farmers Market at Grand Army Plaza; this neighborhood has it all! Also very close to Barclays center and the multitude of transportation at Atlantic Ave. All renovations have been completed by licensed contractors and filed with the department of buildings.

Last Agent to Sell the Property

Carey Larsen

Corcoran Group License #10401230146 Listed on: 04/22/2021

Corcoran Group

Co-Listed By

Jason Burke

Corcoran Group License #10401272161

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 2,614

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Additional Features

  • 2-Story Property
  • Lot Dimensions are 131.0 x 20.0

Community Details

  • 2 Units
  • Prospect Heights Subdivision

Listing and Financial Details

  • Tax Block 1151

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Cross Street: Carlton Avenue & Vanderbilt Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Prospect Heights
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Beds/Baths

  • Full Bathrooms: 5
  • Bathrooms Integer: 5
  • Bedrooms: 5

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 131.0 x 20.0

Building Info

  • Units: 2
  • Total Stories: 2
  • Year Built: 1910

Tax Info

  • Tax Block: 1151

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2024
Sold by
Prospect Place Residence Llc
Bought by
Chokhani Natasha
Current Estimated Value
$3,975,218

Purchase Details

Closed on
Sep 15, 2023
Sold by
Eagle Street Development 2 Llc
Bought by
Prospect Place Residence Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$751,000
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 22, 2021
Closed on
Aug 19, 2021
Sold by
Allen Vincent W
Bought by
Eagle Street Development 2 Llc
Seller's Agent
Carey Larsen
Corcoran Group
List Price
$3,000,000
Sold Price
$3,200,000
Premium/Discount to List
$200,000
6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.85%
Original Mortgage
$2,400,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chokhani Natasha $3,450,000 --
Prospect Place Residence Llc -- --
Prospect Place Residence Llc -- --
Prospect Place Residence Llc -- --
Eagle Street Development 2 Llc $3,200,000 --
Eagle Street Development 2 Llc $3,200,000 --
Eagle Street Development 2 Llc $3,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Prospect Place Residence Llc $751,000
Previous Owner Eagle Street Development 2 Llc $2,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2021 08/19/21 Sold $3,200,000 +6.7% $1,006 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $3,000,000 -- $943 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $8,362 -- -- --
2024 $8,362 $207,780 $45,060 $162,720
2023 $8,390 $216,360 $46,920 $169,440
2022 $7,781 $192,000 $46,920 $145,080
2021 $7,443 $184,440 $46,920 $137,520
2019 $6,965 $195,180 $46,920 $148,260
2018 $6,720 $34,425 $7,051 $27,374
2017 $6,322 $32,482 $7,692 $24,790
2016 $5,816 $30,645 $9,797 $20,848
2015 $3,476 $28,911 $13,865 $15,046
2014 $3,476 $28,911 $16,638 $12,273
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10713338

Real Estate Board of New York (REBNY)

APN: 01151-0073

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