NOT LISTED FOR SALE

Estimated Value: $1,872,635 - $2,333,000

7 Beds
4 Baths
4,159 Sq Ft
$512/Sq Ft Est. Value

Sale Details

Date Sold: August 30, 2022

Last sale price $2,290,000 $551 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $11,821 / mo

1381 Days on Market

About This Home

As of August 2022

Nestled in the Landmark Stuyvesant Heights Historic District, 223 MacDonough Street is a grand townhouse (20 x 40 ft on a 100 ft lot) that was built in 1872 and comes with a rare 2-story extension (12 x 16 ft) that was added in 1918 creating over 4,100 sf of living space! This residence is currently set up as a 2-family with 2 duplexes and is classified as 2-family dwelling by the Department of Finance. The upper duplex is gorgeous, bright and spacious. The second floor is an open space with a kitchen, dining area, living room with an office space in the alcove and a full bathroom. There is also a large bedroom with 3 windows in the extension that is currently used as a painting studio and 2 more large bedrooms on the top floor with a smaller guest bedroom and another full bathroom. The lower duplex is uniquely beautiful with the parlor floor featuring high ceilings (11 feet) and oversized south-facing windows overlooking this beautiful prime block. This apartment's layout is open in a loft-like style, with a spacious open kitchen and dining/living area, a large windowed bathroom, and an extra-spacious bedroom with 2 large windows overlooking the quiet garden.
On the garden level, there are 2 more large bedrooms (one in the front + one in the extension), a spacious recreation room and another full bathroom. The quiet and lush garden has been designed and is paved with blue stones. This property retains some charming authentic details such as original plasterwork, pocket doors, crown moldings and 5 decorative fireplaces. While the property has been well maintained over the years including renovated kitchen and bathrooms in 2018, buyers may want to install new windows, a new roof and electrical upgrades to install central AC and to exercise this property's full luxurious potential. This unique brownstone is located on a prime landmarked brownstone block close to the A and C trains at Utica as well as many of Bedford Stuyvesant's most reputable hot spots: Saraghina, Lunatico, Peaches, Chez Eugene and L'Antagoniste to name a few. This property is currently fully tenanted but can be delivered vacant at closing. 223 MacDonough Street is sold as is. Email me if you have any further questions.

Last Agent to Sell the Property

Patricia Laligant

Compass License #10301209143 Listed on: 05/10/2022

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1899

Lot Details

  • Lot Dimensions are 20.0 x 100.0

Home Design

  • Pre War Building

Interior Spaces

  • 4,159 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Community Details

  • Stuyvesant Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 71 / 1669

Property Details

Home Type

Multi-Family

Year Built

Built in 1899

Lot Details

2,004 Sq Ft Lot

Listing Details

  • Cross Street: Marcus Garvey Boulevard/Lewis Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Stuyvesant Heights
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Living Area: 4159.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 4
  • Bathrooms Integer: 4
  • Bedrooms: 7

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 20.0 x 100.0

Building Info

  • Total Stories: 4
  • Year Built: 1899

Tax Info

  • Tax Block: 1669
  • Tax Lot: 71

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2022
Closed on
Aug 30, 2022
Sold by
Wama1 Llc
Bought by
Choi Yoon Mi Marie and Ekundayo Akiwumi Akiwande
Seller's Agent
Patricia Laligant
Compass
List Price
$2,290,000
Sold Price
$2,290,000
Views
1
Current Estimated Value
$2,127,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$162,091
Avg. Annual Appreciation
-2.01%
Original Mortgage
$1,790,000
Outstanding Balance
$1,706,509
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$421,400

Purchase Details

Listed on
Nov 7, 2017
Closed on
May 11, 2018
Sold by
Estate Of Lucille Williams
Bought by
Wama1 Llc
Seller's Agent
Jevon Gratineau
Brown Harris Stevens Residential Sales LLC
List Price
$2,200,000
Sold Price
$2,050,000
Premium/Discount to List
-$150,000
-6.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.61%
Original Mortgage
$1,260,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
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
Choi Yoon Mi Marie $2,290,000 --
Wama1 Llc $1,800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choi Yoon Mi Marie $1,790,000
Previous Owner Wama1 Llc $1,260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2022 08/30/22 Sold $2,290,000 0.0% $551 / Sq Ft
06/25/2022 06/25/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $2,290,000 0.0% $551 / Sq Ft
02/07/2022 02/07/22 Off Market $2,290,000 -- --
10/23/2020 10/23/20 For Sale -- -- --
02/16/2019 02/16/19 Off Market $2,290,000 -- --
09/12/2018 09/12/18 For Sale $2,290,000 +11.7% $551 / Sq Ft
05/15/2018 05/15/18 Sold $2,050,000 -6.8% $629 / Sq Ft View Prior Sale
04/15/2018 04/15/18 Pending -- -- --
11/08/2017 11/08/17 For Sale $2,200,000 -- $675 / 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 $5,526 $109,680 $22,020 $87,660
2024 $5,526 $119,520 $22,020 $97,500
2023 $5,326 $131,760 $22,020 $109,740
2022 $4,978 $122,220 $22,020 $100,200
2021 $5,248 $116,340 $22,020 $94,320
2019 $4,797 $95,820 $22,020 $73,800
2018 $4,455 $21,854 $3,751 $18,103
2017 $4,236 $20,780 $5,177 $15,603
2016 $4,154 $20,780 $6,990 $13,790
2015 $2,364 $20,228 $10,214 $10,014
2014 $2,364 $19,108 $11,584 $7,524
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10831986

Real Estate Board of New York (REBNY)

APN: 01669-0071

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