NOT LISTED FOR SALE

Estimated Value: $858,000 - $1,003,000

11 Beds
3 Baths
3,000 Sq Ft
$304/Sq Ft Est. Value

Last Sold February 06, 2025

Last sale price $950,000 $317 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,035/month

120 Days on Market

Highlights

  • Property is near public transit
  • 2-minute walk to Rockaway Avenue (A,C Line)
  • Wood Flooring
  • Post and Beam
  • Cathedral Ceiling
  • Main Floor Primary Bedroom

About This Home

As of February 2025

CASH BUYERS ONLY for this charming 3-Family Home in Ocean Hill, Brooklyn - A Perfect Investor's Opportunity. Located in the on the bounder of Bed-Stuy, this well-maintained 3-family home offers an exceptional investment opportunity. Situated on a quiet, tree-lined street, the property is just steps away from local parks and convenient public transit, providing both a serene environment and easy access to all that Brooklyn has to offer. This spacious building features two generously sized four-bedroom apartments and one three-bedroom apartment, providing a steady rental income potential. Each unit boasts high ceilings, ample natural light, and a functional layout, making it appealing. The property also includes a full basement, offering additional storage or the potential for future expansion. Whether you're an investor looking to expand your portfolio or a homeowner seeking rental income, this versatile property has it all. Don't miss out on this prime piece of Ocean Hill real estate.

Last Agent to Sell the Property

Daran Denis

Thompson Group Real Estate Brokerage Phone: 718-744-5872 License #10401339641 Listed on: 12/16/2024

Last Buyer's Agent

Daran Denis

Thompson Group Real Estate Brokerage Phone: 718-744-5872 License #10401339641 Listed on: 12/16/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,475

Year Built

  • Built in 1899 | Remodeled in 2005

Lot Details

  • 1,840 Sq Ft Lot
  • Lot Dimensions are 20x92
  • Back Yard Fenced

Parking

  • Off-Street Parking

Home Design

  • Triplex
  • Post and Beam
  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Cathedral Ceiling
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Fire Escape
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 11 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Ps 150 Christopher Elementary School
  • Teachers Prep High School

Utilities

  • No Cooling
  • Heat Pump System
  • Hot Water Heating System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 6 / 1537
  • Assessor Parcel Number 01537-0006

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,475

Year Built

Built in 1899 | Remodeled in 2005

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Triplex
  • Levels: Three Or More
  • Year Built: 1899
  • Year Built Effective: 2005
  • Attribution Contact: 718-744-5872
  • CurrentPrice: 950000.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 0.59375
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2005

Interior Features

  • Interior Amenities: Cathedral Ceiling(s), Eat-in Kitchen, Master Downstairs
  • Flooring: Hardwood
  • Full Bathrooms: 3
  • Basement: Finished, Full
  • Total Bedrooms: 11
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Brick, Post and Beam
  • Fencing: Back Yard, Fenced
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage: No
  • Parking Description: None, Off Street

Utilities

  • Cooling: None
  • Heating: Natural Gas, Heat Pump, Hot Water, Radiant, Steam
  • Security: Fire Escape
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public, Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 20x92
  • Lot Size Sq Ft: 1840
  • Lot Features: Near Public Transit, Near School, Stone/Brick Wall
  • Parcel Number: 01537-0006
  • Property Attached: Yes

Rental Info

  • Lease Considered: No
  • Tenant Pays: Electricity, Gas

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 4
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 15475
  • Tax Block: 1537
  • Tax Lot: 6

MLS Schools

  • Elementary School: Ps 150 Christopher
  • High School: Teachers Prep High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2024
Closed on
Feb 6, 2025
Sold by
Peter Marc
Bought by
2011 Fulton Llc
Seller's Agent
Daran Denis
Thompson Group Real Estate
Buyer's Agent
Daran Denis
Thompson Group Real Estate
List Price
$950,000
Sold Price
$950,000
Views
1
Current Estimated Value
$911,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$38,421
Avg. Annual Appreciation
-4.85%

Purchase Details

Closed on
Oct 22, 2003
Sold by
Peter Marc and Verneige Dujeon
Bought by
Peter Marc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2001
Sold by
Galit Network Llc
Bought by
Peter Marc and Verneige Dujeon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,000
Interest Rate
6.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2001
Sold by
Z & D Development Inc
Bought by
Galit Network Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,000
Interest Rate
6.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 2001
Sold by
Page Caldonia and Sims Mary K
Bought by
Z & D Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
2011 Fulton Llc $850,000 --
2011 Fulton Llc $850,000 --
Peter Marc -- --
Peter Marc -- --
Peter Marc -- --
Peter Marc -- --
Galit Network Llc -- --
Galit Network Llc -- --
Z & D Development Inc -- --
Z & D Development Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peter Marc $352,000
Previous Owner Peter Marc $314,000
Previous Owner Galit Network Llc $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2025 02/06/25 Sold $950,000 0.0% $317 / Sq Ft
12/19/2024 12/19/24 Pending -- -- --
12/16/2024 12/16/24 For Sale $950,000 0.0% $317 / Sq Ft
12/16/2024 12/16/24 Price Changed $950,000 -40.6% $317 / Sq Ft
11/06/2024 11/06/24 Pending -- -- --
08/21/2024 08/21/24 For Sale $1,600,000 -- $533 / Sq Ft
Source: OneKey® MLS

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 $3,108 $57,660 $18,180 $39,480
2024 $3,108 $59,400 $18,180 $41,220
2023 $2,969 $65,100 $18,180 $46,920
2022 $2,753 $70,620 $18,180 $52,440
2021 $2,744 $66,120 $18,180 $47,940
2020 $1,362 $55,260 $18,180 $37,080
2019 $2,698 $49,500 $18,180 $31,320
2018 $2,483 $12,182 $3,485 $8,697
2017 $2,343 $11,493 $5,190 $6,303
2016 $2,172 $10,866 $5,293 $5,573
2015 $1,088 $10,846 $5,825 $5,021
2014 $1,088 $10,747 $5,714 $5,033
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3573615

OneKey® MLS

APN: 01537-0006