NOT LISTED FOR SALE

Estimated Value: $5,367,949

Studio
-- Bath
-- Sq Ft
2,004 Sq Ft Lot

Last Sold April 24, 2018

Last sale price $4,150,000

Est. 29% increase in value since last sale

Current estimated payment $30,329/month

244 Days on Market

About This Home

As of April 2018

220 Conover Street is an architectural delight for the buyer with an artistic eye and an appreciation for the raw and rugged beauty of this historic area. Surrounded by cobblestone streets and trendy neighborhood shops, this building is a must see for anyone looking for the next influential piece of Brooklyn. The two upper floors are configured as an apartment with kitchen, bathroom and bedroom and a beautiful loft-like open space on the third floor, perfect for a living room or studio work space. From this room there is access to a roof area that overlooks New York Harbor from the Verrazano Bridge to the Statue of Liberty. 220 Conover has an adjacent address of 160 Coffey Street which offers a functional bar on the ground level (under lease until March 2019) with access to an event space in the basement. Additional spaces include the possibility for a second duplex. The former apothecary at 160A Coffey Street has lots of windows, and a spacious loft with rustic charm and red brick details that would make a grand living space and true show-stopper. There is also an opportunity to join these spaces for a truly exceptional home! There is so much potential, opportunity, and a chance to fall in love!

Last Agent to Sell the Property

Marie-Alyce Devieux

Douglas Elliman Real Estate License #10301213015 Listed on: 07/18/2017

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,004

Home Design

Interior Spaces

  • 3-Story Property

Community Details

  • 2 Units
  • Redhook Subdivision

Listing and Financial Details

  • Tax Block 585

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Cross Street: Coffey st
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: REDHOOK
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Living Area Units: Square Feet

Garage/Parking

  • Garage: No

Building Info

  • Units: 2
  • Total Stories: 3

Tax Info

  • Tax Block: 585

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2017
Closed on
Apr 24, 2018
Sold by
Lnlj 220 Llc
Bought by
220 Conover Street Llc
Seller's Agent
Marie-Alyce Devieux
Douglas Elliman Real Estate
List Price
$4,500,000
Sold Price
$4,150,000
Premium/Discount to List
-$350,000
-7.78%
Current Estimated Value
$5,367,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,217,949
Avg. Annual Appreciation
3.47%
Original Mortgage
$2,697,500
Outstanding Balance
$2,314,816
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,089,674

Purchase Details

Closed on
Mar 15, 2016
Sold by
Bk 220 Llc
Bought by
Lnlj 220 Llc

Purchase Details

Closed on
Nov 9, 2009
Sold by
Preston Daniel and Preston Jo-Anne
Bought by
Bk 220 Llc

Purchase Details

Closed on
Oct 7, 2005
Sold by
Preston Jo-Anne and Preston John
Bought by
Preston Daniel and Preston Jo-Anne

Purchase Details

Closed on
Jul 27, 1998
Sold by
Ackerman Leon Charles
Bought by
Preston Jo Anne and Preston John
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
220 Conover Street Llc $4,150,000 --
220 Conover Street Llc $4,150,000 --
220 Conover Street Llc $4,150,000 --
Lnlj 220 Llc $4,000,000 --
Lnlj 220 Llc $4,000,000 --
Lnlj 220 Llc $4,000,000 --
Bk 220 Llc -- --
Bk 220 Llc -- --
Bk 220 Llc -- --
Preston Daniel -- --
Preston Daniel -- --
Preston Daniel -- --
Preston Jo Anne $175,000 --
Preston Jo Anne $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 220 Conover Street Llc $2,697,500
Closed 220 Conover Street Llc $2,697,500
Closed Preston Daniel $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2022 04/20/22 Off Market $4,150,000 -- --
04/24/2018 04/24/18 Sold $4,150,000 -7.8% --
03/25/2018 03/25/18 Pending -- -- --
07/23/2017 07/23/17 For Sale $4,500,000 -- --
Source: Real Estate Board of New York (REBNY)

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 $30,438 $340,650 $31,500 $309,150
2024 $30,438 $326,250 $31,500 $294,750
2023 $29,789 $307,800 $31,500 $276,300
2022 $28,961 $281,250 $31,500 $249,750
2021 $24,350 $227,700 $31,500 $196,200
2020 $13,604 $293,850 $31,500 $262,350
2019 $24,253 $288,450 $31,500 $256,950
2018 $13,225 $255,150 $31,500 $223,650
2017 $20,241 $218,700 $31,500 $187,200
2016 $8,014 $197,550 $16,200 $181,350
2015 $2,921 $193,500 $16,200 $177,300
2014 $2,921 $176,400 $16,200 $160,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10466742

Real Estate Board of New York (REBNY)

APN: 00585-0036