NOT LISTED FOR SALE
5 Beds
4 Baths
4,200 Sq Ft
1,742 Sq Ft Lot

Sale Details

Date Sold: November 14, 2024

Last sale price $2,300,000 $548 Per Sq Ft

27 Days on Market

About This Home

As of November 2024

Introducing an exceptional opportunity in the coveted Clinton Hill neighborhood of Brooklyn-a charming 3-story home, legally configured as a 2-family residence with spacious floor-through units, each offering a large primary bedroom plus versatile bonus rooms. Located in a prime location near the Clinton-Washington A & C Train and the Classon Avenue G Train, commuting is convenient for residents. Enjoy the vibrant culinary scene with a plethora of restaurants nearby, perfect for dining out or entertaining guests. Proximity to esteemed institutions such as Pratt Institute and the tranquil Herbert Von King Park adds to the allure of this investment. While the property requires renovation, it boasts tremendous income potential, making it an ideal opportunity for investors looking to capitalize on its prime location and versatile layout. This property invites you to unleash your creativity and transform it into a masterpiece in one of Brooklyn's most sought-after neighborhoods. Don't miss out on the chance to make this great investment your own and create something truly special!

Last Agent to Sell the Property

James Wise

MYNY Residential Brokerage Phone: 718-921-3100 License #10401339320 Listed on: 07/11/2024

MYNY Residential

Last Buyer's Agent

James Wise

MYNY Residential Brokerage Phone: 718-921-3100 License #10401339320 Listed on: 07/11/2024

MYNY Residential
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $474

Year Built

  • Built in 1899

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 21.5x81
  • Two or More Common Walls

Interior Spaces

  • 4,200 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Schools

  • Academy Of Arts And Letters Elementary And Middle School
  • Acorn Community High School

Utilities

  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 0031 / 01972
  • Assessor Parcel Number 01972-0031

Community Details

Overview

  • 2 Units

Building Details

  • 4 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$474

Year Built

Built in 1899

Lot Details

1,742 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Multi Family
  • Levels: Three Or More
  • Year Built: 1899
  • New Construction: No
  • Attribution Contact: 718-921-3100
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 4
  • Basement: See Remarks
  • Total Bedrooms: 5
  • Living Area: 4200
  • SquareFootage: 4200.00
  • SquareFootageSource: Floor Plan
  • NumberOfKitchens: 1

Exterior Features

  • Construction Materials: Other
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Other, See Remarks
  • Sewer: Other
  • Water Source: See Remarks
  • Hot Water: See Remarks

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Academy Of Arts And Letters

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 21.5x81
  • Lot Size Sq Ft: 1742
  • Lot Size Units: Acres
  • Parcel Number: 01972-0031
  • Zoning Description: R6B
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 4
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 473.92
  • Tax Block: 01972
  • Tax Lot: 0031
  • Tax Map Number: 01972-0031

MLS Schools

  • Elementary School: Academy Of Arts And Letters
  • High School: Acorn Community High School
  • Middle School District: Brooklyn 13

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

Listed on
Jul 11, 2024
Closed on
Nov 13, 2024
Sold by
Bought by
Seller's Agent
James Wise
MYNY Residential
Buyer's Agent
James Wise
MYNY Residential
List Price
$2,500,000
Sold Price
$2,300,000
Premium/Discount to List
-$200,000
-8%
Views
9

Purchase Details

Closed on
Dec 29, 2022
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
$517,921
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2005
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
$198,900
Interest Rate
5.54%

Purchase Details

Closed on
Apr 17, 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
$403,750
Interest Rate
6.8%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Clinton Hill, NY

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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
$2,300,000 --
$1,700,000 --
$994,500 --
-- --
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
Previous Owner $517,921
Previous Owner $198,900
Previous Owner $696,150
Closed $660,000
Closed $403,750
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
11/14/2024 11/14/24 Sold $2,300,000 -8.0% $548 / Sq Ft
08/08/2024 08/08/24 Pending -- -- --
07/11/2024 07/11/24 For Sale $2,500,000 -- $595 / Sq Ft
Source: OneKey® MLS

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 $5,686 $900,450 $121,500 $778,950
2025 $5,687 $777,150 $121,500 $655,650
2024 $5,687 $731,250 $121,500 $609,750
2023 $5,407 $628,650 $121,500 $507,150
2022 $4,994 $628,650 $121,500 $507,150
2021 $4,636 $587,250 $121,500 $465,750
2020 $2,110 $642,600 $121,500 $521,100
2019 $4,413 $616,950 $121,500 $495,450
2018 $4,312 $33,906 $7,254 $26,652
2017 $3,993 $31,395 $7,805 $23,590
2016 $3,748 $29,070 $9,011 $20,059
2015 $2,433 $26,917 $10,010 $16,907
2014 $2,433 $26,917 $10,122 $16,795
Source: Public Records

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Map

Source: OneKey® MLS

MLS Number: KEY3565135

OneKey® MLS

APN: 01972-0031

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