NOT LISTED FOR SALE

217 Lexington Ave Brooklyn, NY 11216

Bed-Stuy Neighborhood

Estimated Value: $1,585,000 - $2,569,000

4 Beds
3.5 Baths
2,100 Sq Ft
$967/Sq Ft Est. Value

Last Sold April 29, 2024

Last sale price $2,225,000 $1,060 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $10,705/month

Highlights

  • Wood Flooring
  • 5-minute walk to Bedford-Nostrand Avenues
  • Central Air
  • Fenced Yard
  • Tankless Water Heater
  • Hot Water Heating System

About This Home

As of April 2024

WELCOME HOME TO THIS THOUGHTFULLY DESIGNED MAGNIFICENT LEGAL 2 FAMILY LOCATED IN PRIME BEDFORD STUYVESANT. THIS CUSTOM BUILT REDESIGNED HOME HAS A MAGNIFICENT GRACIOUS OPEN FLOOR PLAN. COMPLETE WITH STUNNING HERRINGBONE HARDWOOD FLOORING HUGE LIVING ROOM WITH WOOD BURNING FIREPLACE. BEAUTIFUL CHEFS KITCHEN WITH EXTRA LARGE CENTER ISLAND AND BEAUTIFULY APPOINTED QUARTZ COUNTER TOPS. ALL BRAND NEW VIKING COMMERCIAL APPLIANCES, THIS PRIMARY APARTMENT HAS 3 BEAUTIFUL LARGE BEDROOMS AND ALL NEW EXPANSIVE WINDOWS FILLING THE HOME WITH AMPLE AMOUNTS OF SUNLIGHT. LARGE FULL FINISHED HIGH CEILING BASEMENT WITH REAR ENTRY FROM LOVELY MANICURED YARD. THE GROUND FLOOR RENTAL APARTMENT CONSISTS OF A NEW CUSTOM KITCHEN STAINLESS STEEL APPLIANCES WASHER DRYER .THIS CUSTOM BRICK HOME IS CLOSE TO ALL TRANSPORTATION, SHOPS AND A LOCATION WITH AMPLE PARKING.

Last Agent to Sell the Property

Cheryl Rosenthal

Listed on: 11/13/2023

Last Buyer's Agent

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $953

Year Built

  • Built in 1930

Lot Details

  • 1,667 Sq Ft Lot
  • Lot Dimensions are 100 x 16
  • Fenced Yard
  • Back and Front Yard

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2,100 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Gas
  • 220 Volts
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 1797

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$953

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Walk-in
  • Baths Total Level1: 1.00
  • Baths Total Level2: 12.00
  • Baths Total Level3: 2.00
  • Borough: Brooklyn
  • Building Length: 42.00
  • Building Width: 17.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Bedford Ave
  • Cross Street Name2: Nostrand Ave
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Central Air
  • Fill Sq Ft Total: 2100
  • Building Stories: 3
  • Street Name I D X: Lexington
  • Building Style: Duplex - Up/Down
  • Waterfront Present: No
  • Year Built: 1930
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 3
  • Basement Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood
  • Lot Sq Ft: 1667

Exterior Features

  • Yard: Back, Front, Fenced - Full
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 100
  • Roof: Asphalt/Tar

Utilities

  • Air Conditioning Units: 1
  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas, Tankless

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 16
  • Zoning: R6B

Tax Info

  • Flip Tax Amount: 953.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2023
Closed on
May 1, 2024
Sold by
217 Lexington Llc
Bought by
Daniel Joseph Kagan As Co-Trustee and Elan A Mendel-Kagan As Co-Trustee
Seller's Agent
Cheryl Rosenthal
Buyer's Agent
NON MEMBER
List Price
$2,200,000
Sold Price
$2,225,000
Premium/Discount to List
$25,000
1.14%
Views
63
Current Estimated Value
$2,031,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$193,746
Avg. Annual Appreciation
-5.28%
Original Mortgage
$1,780,000
Outstanding Balance
$1,751,273
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$279,981

Purchase Details

Closed on
Dec 2, 2021
Sold by
Notes & Recordings Inc
Bought by
217 Lexington Llc

Purchase Details

Listed on
Apr 12, 2013
Closed on
Jun 7, 2013
Sold by
784 Hopkinson Ave Corp
Bought by
Notes & Recordings Inc
Seller's Agent
Ron Borovinsky
Voro LLC
Buyer's Agent
Ron Borovinsky
Voro LLC
List Price
$499,000
Sold Price
$505,000
Premium/Discount to List
$6,000
1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.69%

Purchase Details

Closed on
Jan 21, 2013
Sold by
Hoo Reginald
Bought by
784 Hopkinson Ave Corp

Purchase Details

Closed on
Sep 23, 2005
Sold by
Baptiste Eveline
Bought by
Hoo Reginald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2005
Sold by
Dockery Algia
Bought by
Baptiste Eveline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
5.78%

Purchase Details

Closed on
Sep 6, 1996
Sold by
Dockery James
Bought by
Harrell Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
8.06%
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
Daniel Joseph Kagan As Co-Trustee $2,225,000 --
Daniel Joseph Kagan As Co-Trustee $2,225,000 --
Daniel Joseph Kagan As Co-Trustee $2,225,000 --
217 Lexington Llc $590,000 --
217 Lexington Llc $590,000 --
217 Lexington Llc $590,000 --
Notes & Recordings Inc $470,000 --
Notes & Recordings Inc $470,000 --
784 Hopkinson Ave Corp -- --
784 Hopkinson Ave Corp -- --
Hoo Reginald $650,000 --
Hoo Reginald $650,000 --
Baptiste Eveline $465,000 --
Baptiste Eveline $465,000 --
Harrell Gloria $69,500 Stewart Title Insurance Co
Harrell Gloria $69,500 Stewart Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daniel Joseph Kagan As Co-Trustee $1,780,000
Closed Daniel Joseph Kagan As Co-Trustee $1,780,000
Previous Owner Hoo Reginald $520,000
Previous Owner Baptiste Eveline $93,000
Previous Owner Baptiste Eveline $372,000
Previous Owner Harrell Gloria $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2024 04/29/24 Sold $2,225,000 +1.1% $1,060 / Sq Ft
11/13/2023 11/13/23 Pending -- -- --
11/13/2023 11/13/23 For Sale $2,200,000 +175.3% $1,048 / Sq Ft
03/06/2017 03/06/17 Sold -- -- -- View Prior Sale
02/04/2017 02/04/17 Pending -- -- --
01/14/2014 01/14/14 For Sale $799,000 +58.2% $380 / Sq Ft
06/07/2013 06/07/13 Sold $505,000 +1.2% $240 / Sq Ft View Prior Sale
06/07/2013 06/07/13 Pending -- -- --
04/12/2013 04/12/13 For Sale $499,000 -- $238 / Sq Ft
Source: Brooklyn Board of REALTORS®

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 $993 $88,860 $13,380 $75,480
2024 $993 $84,960 $13,380 $71,580
2023 $953 $86,700 $13,380 $73,320
2022 $886 $77,760 $13,380 $64,380
2021 $881 $75,540 $13,380 $62,160
2020 $658 $91,620 $13,380 $78,240
2019 $861 $83,820 $13,380 $70,440
2018 $797 $3,909 $657 $3,252
2017 $754 $3,698 $684 $3,014
2016 $697 $3,489 $844 $2,645
2015 $421 $3,482 $1,004 $2,478
2014 $421 $3,432 $1,150 $2,282
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Cheryl Rosenthal

  • N

    Buyer's Agent in 2024

    NON MEMBER

  • Jennifer Rhodes

    Seller's Agent in 2017

    Jennifer Rhodes

    Corcoran Group

    (919) 259-3194

    2 in this area

    11 Total Sales

    Jennifer Rhodes
    Section Image

  • R

    Seller's Agent in 2013

    Ron Borovinsky

    Voro LLC

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 478259

Brooklyn Board of REALTORS®

APN: 01797-0100

New York Kings County Brooklyn 11216 Bed-Stuy

217 Lexington Ave, Brooklyn, NY

Not Listed for Sale

MultiFamily

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