NOT LISTED FOR SALE

Estimated Value: $1,053,000 - $1,398,000

5 Beds
3.5 Baths
2,280 Sq Ft
$542/Sq Ft Est. Value

Last Sold July 16, 2024

Last sale price $1,275,000 $559 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $7,018/month

118 Days on Market

Highlights

  • Property is near public transit
  • Park
  • Forced Air Heating and Cooling System

About This Home

As of July 2024

Nestled on a picturesque block of one of Brooklyns rapidly developing neighborhoods, Cypress Hill! 224 Grant Avenue is a 20 ? 55 built barrel brick two family sitting on a 20 ? 125 lot. This meticulously renovated townhouse will captivate you from the moment you arrive with its warm and welcoming energy. Offering a three bedroom, two and a half baths owners DUPLEX over a spacious income producing 2 bedroom, one bath garden unit. Open the door and enter the parlor floor of the owners duplex featuring an expansive sun drenched living area which provides great space for entertaining. The formal dining area leads into the jaw dropping chefs granite kitchen featuring floor to ceiling custom cabinetry, marble countertops, boast a full fleet of state of the art stainless steel appliances, equipped with island for bar stool seating, and leads out onto spacious sun deck. 1/2 bath on first floor for your guest. Up a flight of stairs 3 spacious bedrooms awaits you with ample closet space. The elegant master suite offers a private retreat with double closets, spa like en-suite bath featuring double vanity, soaking tub, and a rainfall glass enclosed shower. The additional bedrooms easily accommodate king sized beds and share a tasteful appointed bathroom. A Rare to find feature of this home is an additional staircase leading to a private roof deck which is additional outdoor space. The garden unit is currently equipped with a 2 bedroom 1 bath rental, but can easily be converted to a three bedroom unit. This apartment is ideal for additional income, or hosting guest boasting high end finishes and great space. 224 Grant Avenue has been fully gutted and remodeled by an expert team of contractors featuring select wide oak wood flooring, recessed lighting, brand new electrical, heating, plumbing, central HVAC, surround sound Bluetooth speakers, security camera system, exposed brick interior and custom wood work throughout. Conveniently located with close proximity to major transportation which makes commuting a breeze. J/Z Lines at Eldert Lane, A/C at Grant Avenue which provide quick easy access to Manhattan. Just off Ridgewood Avenue, Atlantic Avenue, Rockaway Blvd. Stones throw to schools, shopping centers, restaurants, cafes, parks and many other vibrant neighborhood amenities. Come explore all the possibilities of 224 Grant and grab your opportunity to be apart of the Cypress Hills Vibe.

Last Agent to Sell the Property

Gabriel Kashi

Keystone Realty USA Corp Brokerage Phone: 631-261-2800 License #10401217533 Listed on: 01/23/2024

Last Buyer's Agent

Thony Revelo

BLT Minimax Realty Inc License #10401326205

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,266

Year Built

  • Built in 1899 | Remodeled in 2023

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 20x125
  • No Common Walls

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

  • Highland Park Community Middle School
  • Cypress Hills Collegiate Prep High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 56 / 4135
  • Assessor Parcel Number 04135-0056

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,266

Year Built

Built in 1899 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse
  • Property SubType: Multi Family
  • Property Condition: Mint
  • Year Built: 1899
  • New Construction: No
  • Year Built Effective: 2023
  • Attribution Contact: 631-261-2800
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2023

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Finished, Full
  • Total Bedrooms: 5
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Highland Park Community School

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 20x125
  • Lot Size Sq Ft: 2500
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04135-0056
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 6266
  • Tax Block: 4135
  • Tax Lot: 56
  • Tax Map Number: 04135-0056

MLS Schools

  • High School: Cypress Hills Collegiate Prep School
  • Middle School District: Brooklyn 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2024
Closed on
Jul 16, 2024
Sold by
152 Madison Llc
Bought by
Francis Brittany and Jaffe Isaac
Seller's Agent
Gabriel Kashi
Keystone Realty USA Corp
Buyer's Agent
Thony Revelo
BLT Minimax Realty Inc
List Price
$1,495,000
Sold Price
$1,275,000
Premium/Discount to List
-$220,000
-14.72%
Views
121
Current Estimated Value
$1,235,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$39,723
Avg. Annual Appreciation
-2.16%
Original Mortgage
$1,020,000
Outstanding Balance
$1,005,994
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$229,283

Purchase Details

Closed on
Dec 1, 2014
Sold by
Vonmaack Juan
Bought by
152 Madison Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
3.98%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Francis Brittany $1,275,000 --
Francis Brittany $1,275,000 --
152 Madison Ave Llc $350,000 --
152 Madison Ave Llc $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Francis Brittany $1,020,000
Closed Francis Brittany $1,020,000
Previous Owner 152 Madison Ave Llc $365,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2024 07/16/24 Sold $1,275,000 -10.5% $559 / Sq Ft
05/21/2024 05/21/24 Pending -- -- --
02/15/2024 02/15/24 Price Changed $1,425,000 -4.7% $625 / Sq Ft
01/23/2024 01/23/24 For Sale $1,495,000 -- $656 / Sq Ft
Source: OneKey® MLS

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 $6,557 $58,980 $14,340 $44,640
2024 $6,557 $56,400 $14,340 $42,060
2023 $6,266 $51,060 $14,340 $36,720
2022 $4,620 $45,720 $14,340 $31,380
2021 $6,432 $49,200 $14,340 $34,860
2020 $3,017 $36,120 $14,340 $21,780
2019 $5,691 $36,120 $14,340 $21,780
2018 $5,241 $25,712 $9,647 $16,065
2017 $5,241 $25,712 $10,896 $14,816
2016 $5,092 $25,471 $11,421 $14,050
2015 $2,926 $24,030 $13,463 $10,567
2014 $2,926 $22,670 $12,837 $9,833
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3527082

OneKey® MLS

APN: 04135-0056