NOT LISTED FOR SALE

Estimated Value: $2,437,000 - $3,598,000

6 Beds
4.5 Baths
3,360 Sq Ft
$822/Sq Ft Est. Value

Last Sold April 02, 2019

Last sale price $3,150,000 $938 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $15,187/month

304 Days on Market

About This Home

As of April 2019

194 MacDonough Street is ready to sell.

You'll be wowed upon entering this landmarked two-family townhouse. It's not just the meticulous, top to bottom renovation. It's not just the grand proportions including high ceilings, wide rooms and over-sized windows. It's the seamless weaving together of a little old and a lot of new, with a Zen-like, Scandinavian simplicity. It's the transformation of dark, 19th century details into a bright, airy and breathtaking space. It is, in fact, nothing quite like you've seen before in the neighborhood. The house is both unique and turnkey. Built in 1887 in what is now Stuyvesant Heights, 194 MacDonough Street is a four story, two-unit landmarked brownstone built 20' x 45' with an extension on a 100' lot. The parlor floor features most of the restored 19th century details: the original, carved fireplace mantle and pier mirror, fretwork window casings with plantation shutters, and lovely sliding pocket doors with their original hardware (and the key!). Then the 21st century takes over with a sleek, minimalist aesthetic. The contemporary kitchen, with dining that easily seats ten, is outfitted in Subzero, Miele, Bosch and Thermador, with an oversized Kohler farm sink and a massive pantry. A lovely slate terrace off the dining area leads down to the garden. No two baths in this house are alike, each designed with its own, unique yet neutral patterns and materials. The second floor can be used as either a floor-through master suite with vast sitting room or two separate bedrooms. All bedrooms are spacious and bright with plenty of closet space and lovely new trim. Four working fireplaces have been completely renovated and grace nearly every room in the house. Laundry is on the third floor, and all floors, including the immaculate white oak floors throughout the living areas as well as every full bath, are radiantly heated and individually zoned. Likewise, concealed, ducted central air conditioning is separately zoned for each room. Also atypical is the spacious garden apartment, designed not as an afterthought, but with attention to detail. The massive open kitchen has a checkerboard feel to the cabinetry and a complete stainless appliance package. There is a vented washer dryer, a large spa bath with huge sink and luxurious vanity, a working fireplace in the large bedroom, and a private slate terrace, all details that will maximize income. With annual taxes of $4,443, that won't be difficult.Even the basement has been described as "beautiful." Behind the scenes, you'll find two new, dedicated boilers and energy saving hot water heaters, and two separate gas meters. The house has been insulated for sound and pre-wired for FIOS, cable, wi-fi, and cameras. All fans and vents exhaust out. The doors are solid oak and oversized. In short, there is nothing left here to do but enjoy the fabulous renovation.194 MacDonough Street is on one of the most picturesque brownstone blocks in the Bedford Historic District. Its two blocks from the C train at Kingston-Throop and a short walk to the A express at Utica or Nostrand. Stuyvesant Heights offers easy access to some of New Yorks best restaurants and clubs. This very special house is for the discerning home buyer who appreciates luxury and comfort, and a lucrative rental unit, or the investor who targets only the highest quality properties with plenty of upside.

Last Agent to Sell the Property

Pamela Wolfe

Corcoran Group License #30WO1154640 Listed on: 05/28/2018

Corcoran Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1887

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 6 Bedrooms

Additional Features

  • 4-Story Property
  • Lot Dimensions are 100.0 x 20.0

Community Details

  • 2 Units
  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Tax Block 1856

Property Details

Home Type

Multi-Family

Year Built

Built in 1887

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Throop Avenue & Marcus Garvey Boulevard
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Bedford - Stuyvesant
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathrooms Integer: 5
  • Bedrooms: 6

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 100.0 x 20.0

Building Info

  • Units: 2
  • Total Stories: 4
  • Year Built: 1887

Tax Info

  • Tax Block: 1856

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2018
Closed on
Apr 3, 2019
Sold by
Stureparken Properties Llc
Bought by
Harding Amanda C and Polson John
Seller's Agent
Pamela Wolfe
Corcoran Group
List Price
$3,500,000
Sold Price
$3,150,000
Premium/Discount to List
-$350,000
-10%
Current Estimated Value
$2,760,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$389,230
Avg. Annual Appreciation
-1.87%
Original Mortgage
$2,362,500
Outstanding Balance
$2,072,809
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$687,961

Purchase Details

Closed on
Dec 27, 2016
Sold by
Krutoff Frankenius Paal Magnus and Krutoff %
Bought by
Stureparken Properties Llc

Purchase Details

Closed on
Aug 11, 2015
Sold by
1800 Re Management Llc
Bought by
Frankenius Paal M and Muller-Brunotte Robert

Purchase Details

Closed on
Dec 10, 2014
Sold by
Estate Of John E Phillips
Bought by
1800 Re Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
3.99%
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
Harding Amanda C $3,150,000 --
Stureparken Properties Llc -- --
Frankenius Paal M $1,590,000 --
1800 Re Management Llc $760,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harding Amanda C $2,362,500
Previous Owner 1800 Re Management Llc $720,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2019 04/02/19 Sold $3,150,000 -10.0% $938 / Sq Ft
03/03/2019 03/03/19 Pending -- -- --
05/02/2018 05/02/18 For Sale $3,500,000 -- $1,042 / 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 $9,873 $144,300 $33,000 $111,300
2024 $9,873 $123,420 $33,000 $90,420
2023 $9,314 $127,860 $33,000 $94,860
2022 $9,120 $114,660 $33,000 $81,660
2021 $9,156 $125,220 $33,000 $92,220
2019 $9,058 $124,980 $33,000 $91,980
2018 $4,443 $21,795 $7,391 $14,404
2017 $4,193 $20,571 $5,974 $14,597
2016 $3,795 $19,407 $7,607 $11,800
2015 $2,341 $19,407 $11,402 $8,005
2014 $2,341 $19,233 $9,605 $9,628
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10420839

Real Estate Board of New York (REBNY)

APN: 01856-0027

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