NOT LISTED FOR SALE

Estimated Value: $2,005,000 - $2,251,227

6 Beds
4.5 Baths
4,600 Sq Ft
$460/Sq Ft Est. Value

Sale Details

Date Sold: August 11, 2023

Last sale price $2,150,000 $467 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $11,742 / mo

46 Days on Market

About This Home

As of August 2023

218 Hawthorne Street presents that rare opportunity for the discerning investor or end-user to own a high income producing multifamily townhouse in prime Prospect Lefferts Gardens. Currently set up as a 3 family and used as a 4, choose to live in the renovated 2 bedroom owner's duplex and collect income on the remaining apartments or rent them all out! A huge 20 ft. wide x 60 ft. deep 4 story building sitting on a 106 ft. deep lot with 3 exposures, you have the option to make 218 Hawthorne your own or start collecting income right away.

The parlor floor is seamlessly combined with the finished lower level to offer a spacious 2 bed, 1.5 bath duplex with a renovated kitchen, split system HVAC, in-unit washer/dryer, and private garden access with storage shed. The second floor is set-up as a well laid out garden facing 1 bedroom unit along with a sun-filled studio apt. The top floor is a floor-through 2 bedroom with an updated kitchen and tree-top + blue sky views. Additional recent building upgrades include a new roof, refinished hardwood flooring, and center stairwell improvements.

Located in the heart of Lefferts Gardens amidst all the new and established dining and amenities, plus 1 block to the 2,5 trains and a short distance to the B,Q and S trains and Prospect Park, this is a unique offering to take advantage of the neighborhood's limited supply and intensifying popularity. And, for when you want to utilize it, there is additional FAR up to 5,152 SF with R6 zoning. Delivered vacant.

Last Agent to Sell the Property

Scott Sternberg

Corcoran Group License #10401233134 Listed on: 05/04/2023

Corcoran Group

Co-Listed By

Kyle Talbott

Corcoran Group License #10301207778

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,134

Home Design

Interior Spaces

  • 4,600 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Community Details

  • 3 Units
  • Prospect Lefferts G Subdivision

Listing and Financial Details

  • Tax Block 05047

Property Details

Home Type

Multi-Family

Lot Details

2,134 Sq Ft Lot

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Prospect-Lefferts G
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 4600.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathrooms Integer: 5
  • Bedrooms: 6

Garage/Parking

  • Garage: No

Building Info

  • Units: 3
  • Total Stories: 4

Tax Info

  • Tax Block: 05047

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2023
Closed on
Aug 11, 2023
Sold by
Conniff Benjamin
Bought by
Fernandez Aaron and Fernandez Ryan
Seller's Agent
Scott Sternberg
Corcoran Group
List Price
$1,995,000
Sold Price
$2,150,000
Premium/Discount to List
$155,000
7.77%
Views
123
Current Estimated Value
$2,118,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,943
Avg. Annual Appreciation
-0.55%
Original Mortgage
$1,827,500
Outstanding Balance
$1,787,006
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$331,051

Purchase Details

Closed on
Sep 20, 2016
Sold by
Jones Daphne and Jones Seanne
Bought by
Conniff Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 1997
Sold by
Hoppie Alexander
Bought by
Jones Seanne and Jones Daphne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
6.9%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 8, 1997
Sold by
Fraser Shirley
Bought by
Hoppie Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
6.9%
Mortgage Type
FHA
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
Fernandez Aaron $2,150,000 --
Conniff Benjamin $1,400,000 --
Jones Seanne $170,000 Stewart Title Guaranty Compa
Hoppie Alexander -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernandez Aaron $1,827,500
Previous Owner Conniff Benjamin $980,000
Previous Owner Jones Seanne $199,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2023 08/15/23 Off Market $2,150,000 -- --
08/11/2023 08/11/23 Sold $2,150,000 +7.8% $467 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
05/04/2023 05/04/23 For Sale $1,995,000 -- $434 / 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 $7,083 $124,500 $21,240 $103,260
2024 $7,083 $120,480 $21,240 $99,240
2023 $6,757 $106,500 $21,240 $85,260
2022 $5,279 $109,560 $21,240 $88,320
2021 $5,520 $110,640 $21,240 $89,400
2019 $6,148 $96,240 $21,240 $75,000
2018 $5,652 $27,727 $6,353 $21,374
2017 $5,332 $26,158 $6,512 $19,646
2016 $5,229 $26,158 $7,962 $18,196
2015 $2,976 $25,959 $9,918 $16,041
2014 $2,976 $24,490 $9,779 $14,711
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10877977

Real Estate Board of New York (REBNY)

APN: 05047-0008

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