NOT LISTED FOR SALE

Estimated Value: $3,662,000 - $5,351,000

Studio
-- Bath
4,520 Sq Ft
$1,036/Sq Ft Est. Value

Last Sold May 05, 2015

Last sale price $3,400,000 $752 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $25,825/month

601 Days on Market

Highlights

  • Terrace
  • P.S. 321 William Penn Rated A
  • Garden

About This Home

As of May 2015

Prime & Center Park Slope: The Gem of 8th Avenue. With Prospect Park and the charming shops of 7th Avenue a block away, this perfectly positioned brownstone graciously sits in the heart of North Park Slope. An impressive five-story building standing 20 feet wide by 48 feet deep, this three family home is given by its versatility and high-income leases with private outdoor spaces in each unit. The house is currently organized as an owner's garden-parlor duplex followed by a second floor simplex with private terrace and a 3rd floor duplex with private roof deck. This is a must-see opportunity for those interested in shaping a living space to their liking while earning meaningful income from the fully renovated rental apartments. Lease information provided at Open House. Showing during open houses only.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1901

Lot Details

  • 2,004

Home Design

  • 4,520 Sq Ft Home

Additional Features

  • Terrace
  • Garden

Community Details

  • 3 Units
  • Parkslop Subdivision
  • 5-Story Property

Listing and Financial Details

  • Tax Block 1076

Property Details

Home Type

Multi-Family

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Cross Street: 8th Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: PARKSLOP
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 5

Interior Features

  • Living Area: 4520.0
  • Living Area Units: Square Feet

Exterior Features

  • Exterior Features: Garden
  • Patio/Porch Features: Terrace, Rooftop

Building Info

  • Units: 3
  • Total Stories: 5
  • Year Built: 1901

Tax Info

  • Tax Block: 1076

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2013
Closed on
May 5, 2015
Sold by
Rizzo Virgilio
Bought by
208 8Th Avenue Llc
List Price
$3,150,000
Sold Price
$3,400,000
Premium/Discount to List
$250,000
7.94%
Current Estimated Value
$4,681,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,281,643
Avg. Annual Appreciation
3.03%
Original Mortgage
$1,950,000
Outstanding Balance
$1,502,755
Interest Rate
3.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,178,888
Source: Public Records
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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
208 8Th Avenue Llc $3,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 208 8Th Avenue Llc $1,950,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2015 05/05/15 Sold $3,400,000 +7.9% $752 / Sq Ft
04/05/2015 04/05/15 Pending -- -- --
08/12/2013 08/12/13 For Sale $3,150,000 -- $697 / 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 $17,876 $429,240 $48,300 $380,940
2024 $17,876 $342,780 $48,300 $294,480
2023 $18,046 $374,580 $48,300 $326,280
2022 $16,052 $306,600 $48,300 $258,300
2021 $17,260 $241,920 $48,300 $193,620
2019 $15,515 $282,960 $48,300 $234,660
2018 $15,095 $74,049 $18,302 $55,747
2017 $14,243 $69,871 $13,936 $55,935
2016 $13,663 $68,346 $14,786 $53,560
2015 $7,950 $64,494 $18,629 $45,865
2014 $7,950 $61,807 $18,284 $43,523
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10060793

Real Estate Board of New York (REBNY)

APN: 01076-0043