NOT LISTED FOR SALE
-- Bed
-- Bath
1,908 Sq Ft
3,049 Sq Ft Lot

Sale Details

Date Sold: April 29, 2021

Last sale price $750,000 $393 Per Sq Ft

172 Days on Market

About This Home

As of April 2021

12,000 SF Buildable - Max Residential FAR 4.0

? Excellent lot in the Opportunity Zone

? Ideal for high-rent free-market new 14 unit residential building

? Property abuts a greenspace park behind it

Excellent & clean 3,000 SF Lot ready for quality new construction development. Quiet tree-lined residential street and just three blocks from the #4 train Burnside Ave station.

Projected Income: 14 quality new construction two bedroom units at $2,100 each $29,400 monthly/$352,800 gross annual. 8.675 CAP Potential

Block & Lot: 2868 & 161

Low Annual Taxes: $2,183.96

Lot size: 30? x 99.42?

FAR: 4.0

Zoning: R7-1Excellent & clean 3,000 SF Lot ready for quality new construction development. Buildable SF with community facility +14,000 SF(with deduction); Buildable SF without community facility+12,000 SF

Quiet tree-lined residential street and just three blocks from the # 4 train Burnside Ave station.

Low Annual Taxes: $2,183.96

Have Land & Architectural Survey as well as Architectural plans for the building

Last Agent to Sell the Property

Roland Levin

Douglas Elliman Real Estate License #40LE1005144 Listed on: 08/28/2020

Douglas Elliman Real Estate

Co-Listed By

Rafael Malka

Douglas Elliman Real Estate License #30MA1030034

Townhouse Details

Home Type

  • Townhome

Lot Details

  • 3,049

Community Details

  • Universityheights Subdivision

Listing and Financial Details

  • Legal Lot and Block 161 / 2868

Townhouse Details

Home Type

Townhome

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Cross Street: Kingsland Place
  • Delivered Vacant: No
  • Property SubType: Townhouse
  • Property Type: Residential
  • Neighborhood: UNIVERSITYHEIGHTS
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Garage/Parking

  • Garage: No

Tax Info

  • Tax Block: 2868
  • Tax Lot: 161
  • Building Tax Lot: 161

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2024
Sold by
Bought by

Purchase Details

Listed on
Aug 28, 2020
Closed on
Apr 22, 2021
Sold by
Bought by
Seller's Agent
Roland Levin
Douglas Elliman Real Estate
List Price
$795,000
Sold Price
$750,000
Premium/Discount to List
-$45,000
-5.66%

Purchase Details

Closed on
May 2, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,500
Interest Rate
0.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2018
Sold by
Bought by

Purchase Details

Closed on
Aug 14, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,200
Interest Rate
0.0603%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 1997
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
$510,000 --
$815,000 --
$380,000 --
-- --
$165,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,222,000
Previous Owner $3,000,000
Previous Owner $407,500
Previous Owner $336,980
Closed $294,000
Closed $247,500
Previous Owner $32,100
Previous Owner $171,200
Closed $171,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/29/2021 04/29/21 Sold $750,000 -5.7% $393 / Sq Ft
08/28/2020 08/28/20 For Sale $795,000 -- $417 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,268 $818,100 $66,488 $751,612
2025 $65,669 $753,076 $52,426 $700,650
2024 $65,669 $525,264 $38,364 $486,900
2023 $60 $24,302 $24,302 $0
2022 $2,044 $10,740 $10,740 $0
2021 $0 $9,660 $9,660 $0
2020 $2,145 $10,140 $10,140 $0
2019 $2,184 $10,440 $10,440 $0
2018 $3,317 $17,733 $8,184 $9,549
2017 $3,114 $16,748 $7,750 $8,998
2016 $2,853 $15,823 $6,731 $9,092
2015 $1,686 $14,977 $5,655 $9,322
2014 $1,686 $14,929 $5,931 $8,998
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10662513

Real Estate Board of New York (REBNY)

APN: 02868-0161

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