NOT LISTED FOR SALE

Estimated Value: $3,666,000 - $5,080,241

5 Beds
3 Baths
3,780 Sq Ft
$1,140/Sq Ft Est. Value

Last Sold August 30, 2021

Last sale price $2,700,000 $714 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $23,320/month

317 Days on Market

About This Home

As of August 2021

Delightfully Charming and Classically Brooklyn! This quintessential Brownstone with gated garden entry and elegant front stoop is idyllically set in the heart of the Prospect Heights Historic District. The immense property boasts three sun drenched floors plus a beautiful 1st floor apartment, ideal for rental income. Bring your Designer to this 1860's masterpiece and create the home of your dreams. With an extra deep 21 x 135 foot lot, four floors and a full basement, the possibilities are limitless. Currently configured as a 2 family, the owner's triplex offers four bedrooms and two baths. The gracious entry foyer opens to a truly grand Parlor Level with nearly 11 foot ceilings, beautiful oak flooring, and original picture moldings. The expansive living room has decorative fireplace and two floor to ceiling southwest facing bay windows showering golden light into the room for much of the day. Dazzlingly massive pocket doors separate the living room from the kitchen with dining area, where glass doors open to the deck for morning coffee or evening drinks. The vast outdoor space is alternately a tranquil garden retreat and an entertainer's paradise, and offers endless potential for reimagining the spaces both outdoors and in. An elegant staircase brings you to the second floor where you will find the primary bedroom outfitted with decorative fireplace, a large walk-in closet and en-suite bathroom. The small landing with charming built-in linen closet leads from the to a grand 20' x 17' den with three oversized windows, large closet and decorative fireplace. The top floor of the home is illuminated by a medallion skylight and offers two large bedrooms, plus office and full bathroom. The garden level houses a one bedroom, one bathroom apartment with private ground level entrance and storage area. The apartment has a split layout with good closets and access to the backyard. 197 Park Place is ideally located among a row of beautiful brownstone homes in a peaceful tree-lined neighborhood three blocks from Prospect Park and the Brooklyn Museum. Convenience abounds with the 7th Avenue & Q train station at the end of the block and Grand Army Plaza station just moments away with access to B, A, C, 2, 3 subway lines. Around the corner on Vanderbuilt Avenue local shopkeepers, craft bars, small restaurants and bakeries embody the simple pleasures of a tightly knit community, while proximity to Flatbush and Atlantic Avenues offers the option and convenience of large scale shopping.

Last Agent to Sell the Property

Carolyn B. Joy

Brown Harris Stevens Residential Sales LLC License #30JO1084691 Listed on: 10/16/2020

Brown Harris Stevens Residential Sales LLC

Property Details

Home Type

  • Multi-Family

Home Design

Interior Spaces

  • 3-Story Property
  • Decorative Fireplace
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Community Details

  • 2 Units
  • Prospect Heights Subdivision

Property Details

Home Type

Multi-Family

Lot Details

0 Sq Ft Lot

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Prospect Heights
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace Features: Decorative
  • Fireplace: Yes

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 5

Garage/Parking

  • Garage: No

Building Info

  • Units: 2
  • Total Stories: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2021
Sold by
Alexander V. Siano Executor
Bought by
Friedberg Adam and Johnstone Mary Jo
Current Estimated Value
$4,309,060
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
Friedberg Adam $2,815,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2021 08/30/21 Sold $2,700,000 0.0% $714 / Sq Ft
10/16/2020 10/16/20 For Sale $2,700,000 -- $714 / 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 $10,795 $308,340 $61,020 $247,320
2024 $10,795 $294,780 $61,020 $233,760
2023 $10,828 $263,880 $61,020 $202,860
2022 $10,042 $230,640 $61,020 $169,620
2021 $9,991 $216,840 $61,020 $155,820
2020 $9,185 $206,580 $61,020 $145,560
2019 $9,076 $228,480 $61,020 $167,460
2018 $8,759 $44,428 $10,059 $34,369
2017 $8,246 $41,920 $10,224 $31,696
2016 $7,599 $39,563 $13,025 $26,538
2015 $4,550 $37,324 $18,434 $18,890
2014 $4,550 $37,324 $22,116 $15,208
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10804123

Real Estate Board of New York (REBNY)

APN: 01158-0073

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