NOT LISTED FOR SALE

Estimated Value: $900,000 - $3,541,284

5 Beds
3 Baths
3,060 Sq Ft
$755/Sq Ft Est. Value

Last Sold August 09, 2022

Last sale price $3,200,000 $1,046 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $12,660/month

21 Days on Market

About This Home

As of August 2022

Exquisite and charming beyond compare, this 22' wide Williamsburg gem awaits its new owner! Semi-detached, and set back on a 100' deep lot, 200 Montrose Avenue showcases a meticulously maintained owner's triplex, perfectly situated above a turnkey garden-level rental unit. While the interiors have been tastefully upgraded with modern touches, the original details of the exterior facade of this 1920s-built Brooklyn townhome have been carefully preserved. Incredibly low taxes in its preferred Class-1 status makes 200 Montrose Avenue a very rewarding and sustainable long-term asset that will be delivered vacant.



Ascend the brick staircase onto the front porch, proceed through the dedicated entrance and foyer, and enter into the Parlor floor of an expansive 4-bedroom, 2-bathroom triplex residence with three exposures. The focal point of the floor-through Parlor living space is a custom kitchen that opens to the living, dining and sitting areas, and features imported Leicht cabinetry with integrated lighting, a Bosch Benchmark appliance suite and matching Neolith ultra-compact porcelain countertops, island and backsplash. Create the right ambience for any occasion with the architectural wireless lighting system designed by Lutron. A bedroom situated at the rear of the Parlor floor is perfectly suited as a private office or guest room. Additionally, the rear door leads out to a private garden oasis that provides the kind of outdoor living and dining experience coveted by many city homebuyers. Designed for an indoor/outdoor lifestyle, the rear yard is outfitted with an imported granite patio, custom ipe wood decking and planters, modern landscaping with automatic drip irrigation and LED landscape lighting, SYNLawn premium artificial grass, and premium, low-maintenance BuffTech privacy fencing.



The second level above the Parlor floor consists of three spacious bedrooms and a second full bathroom that surround a bright, central hallway. The sun-filled, king-sized primary bedroom has three large windows facing a tree-lined street, while the additional two bedrooms on this level are south-facing, with views of the private garden. The upper level of the triplex consists of an open, finished attic space that is currently configured as a family room, with plenty of space to include a work-from-home setup. Finally, the lower cellar provides an abundance of ancillary storage space that can be accessed directly from either the Parlor floor or outdoor garden.



Choose wisely between your options of maintaining the existing, income-generating two-family configuration or seamlessly converting the property into an expansive single-family masterpiece. The spacious one bedroom garden level, with a private and recessed street-level entrance, offers end-users incredible income-producing potential. And while the usable, above-grade square footage is 3,060 sf, the legal FAR of 2,440 sf and 2.43 Max FAR presents a rare opportunity to expand the current footprint and add up to 3,006 sf (to be independently verified with a qualified architect and/or engineer).



The convenient and vibrant location of 200 Montrose Avenue offers easy and immediate access to the L subway line on the corner, and is just a short walk from the J/M/Z subway lines. Major retail shopping corridors, like Bushwick Ave, Grand Street and Graham Ave, along with countless and notable local restaurants and cafes, such as Win Son Restaurant and Bakery, Champs Diner, Dun-Well Doughnuts, Sweet Science, Nite Nite, Casa Ora, The Graham and 19 Cafe (just to name a few!) are all just blocks away from this unique property.

Last Agent to Sell the Property

Marvin Chu

Corcoran Group License #10301209550 Listed on: 05/04/2022

Corcoran Group

Co-Listed By

Chris Cavorti

Corcoran Group License #10301206385

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $764

Lot Details

  • 2,222

Home Design

  • 3,060 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Washer Dryer Allowed

Community Details

  • 2 Units
  • Williamsburg S Side Subdivision
  • 5-Story Property

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$764

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Williamsburg S Side
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 5

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 3060.0
  • Living Area Units: Square Feet
  • Rooms (Total): 10

Beds/Baths

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

Garage/Parking

  • Garage: No

Building Info

  • Units: 2
  • Total Stories: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2022
Closed on
Aug 9, 2022
Sold by
Calogero Anthony M and Kranz Siobhan
Bought by
Borenzweig Samuel and Elattal Aly
Seller's Agent
Marvin Chu
Corcoran Group
List Price
$3,150,000
Sold Price
$3,200,000
Premium/Discount to List
$50,000
1.59%
Views
2
Current Estimated Value
$2,311,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$888,179
Avg. Annual Appreciation
-10.11%
Original Mortgage
$2,252,500
Outstanding Balance
$2,155,845
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$155,976

Purchase Details

Closed on
Apr 25, 2012
Sold by
Calogero Anthony M
Bought by
Calogero Anthony M and Kranz Siobhan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,343
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2004
Sold by
North Brooklyn Opportunities Hdfc and % St Nicholas Neighborhood Preservation
Bought by
Calogero Anthony M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,750
Interest Rate
5.73%
Source: Public Records

Range of Values:

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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
Borenzweig Samuel $3,200,000 --
Calogero Anthony M -- --
Calogero Anthony M -- --
Calogero Anthony M $315,000 --
Calogero Anthony M $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borenzweig Samuel $2,252,500
Previous Owner Calogero Anthony M $810,000
Previous Owner Calogero Kranz $500,000
Previous Owner Calogero Anthony M $210,343
Previous Owner Calogero Anthony M $150,000
Previous Owner Calogero Anthony M $60,750
Previous Owner Calogero Anthony M $299,250
Previous Owner Opportuni North Brooklyn $2,489,513
Previous Owner Opportuni North Brooklyn $2,084,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2022 10/30/22 Off Market $3,200,000 -- --
08/09/2022 08/09/22 Sold $3,200,000 +1.6% $1,046 / Sq Ft
05/04/2022 05/04/22 For Sale $3,150,000 -- $1,029 / 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 $764 $90,120 $20,100 $70,020
2024 $764 $73,080 $20,100 $52,980
2023 $772 $80,220 $20,100 $60,120
2022 $753 $87,900 $20,100 $67,800
2021 $749 $88,320 $20,100 $68,220
2020 $351 $77,040 $20,100 $56,940
2019 $663 $77,040 $20,100 $56,940
2018 $646 $3,168 $645 $2,523
2017 $640 $3,142 $791 $2,351
2016 $593 $2,965 $1,007 $1,958
2015 $138 $2,798 $850 $1,948
2014 $138 $2,640 $895 $1,745
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10788934

Real Estate Board of New York (REBNY)

APN: 03063-0001