NOT LISTED FOR SALE

Estimated Value: $1,733,000 - $2,940,000

6 Beds
3 Baths
4,000 Sq Ft
$599/Sq Ft Est. Value

Last Sold February 14, 2019

Last sale price $2,456,000 $614 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $13,333/month

127 Days on Market

About This Home

As of February 2019

Traditional Meets Tomorrow.227 Jefferson Avenue is a 3-family brownstone in pristine condition that effortlessly marries classic townhome design elements with modern features. This 4,000 square foot home in prime Bedford Stuyvesant, configured as one duplex and two simplexes, is a gem that easily delivers for investors and homebuyers.Each unit pays homage to the beauty of the past with original mouldings, medallions, built-in mirrors, pocket doors, wainscoting, fireplaces, and many more classic elements complemented with contemporary pieces. Unit 1 is a 2000 square foot, 2-bed, 2-bath duplex that combines the parlor and garden level and has exclusive access to the garden. The bedrooms are on the lower level. The parlor floor is perfect for entertaining with a spacious floorplan, open kitchen, access to the garden and easily accommodates formal living and dining. The upper units are identical 1.5-bed, floor-through homes with equally beautiful features and almost 1,000 square feet for city dwellers to indulge in. Whether you're looking for solely to invest or you're seeking a home with amazing rental income, this home is all of your wishes come to life. Bedford Stuyvesant is home to some of Brooklyn's most sought-after restaurants, shops, and desired-architectural blocks. 227 Jefferson Avenue is centrally located and near where everyone wants to be and amazing amenities. Within a few shot-block radius you'll find the reliable train lines [A,C, G, L.I.R.R.], multiple bus lines and a thriving business district. This is where people want to live and invest. Find Your Sweet Spot.

Last Agent to Sell the Property

Toni Martin

Corcoran Group License #10301207190 Listed on: 09/09/2018

Corcoran Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1899

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Additional Features

  • 3-Story Property
  • Lot Dimensions are 100.0 x 20.0

Community Details

  • 3 Units
  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Tax Block 1828

Property Details

Home Type

Multi-Family

Year Built

Built in 1899

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Nostrand Ave & Marcy Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Bedford - Stuyvesant
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Beds/Baths

  • Bathrooms Integer: 3
  • Bedrooms: 6

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 100.0 x 20.0

Building Info

  • Units: 3
  • Total Stories: 3
  • Year Built: 1899

Tax Info

  • Tax Block: 1828

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2020
Sold by
Doyle August and Doyle Maud
Bought by
227 Jefferson Avenue Llc
Current Estimated Value
$2,394,516

Purchase Details

Listed on
Sep 9, 2018
Closed on
Feb 14, 2019
Sold by
Schultz Ibert
Bought by
Doyle August and Doyle Maud
Seller's Agent
Toni Martin
Corcoran Group
List Price
$2,395,000
Sold Price
$2,456,000
Premium/Discount to List
$61,000
2.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.36%
Original Mortgage
$956,852
Interest Rate
4.4%
Mortgage Type
Unknown

Purchase Details

Closed on
May 9, 2012
Sold by
Pole Jessica and Pole Jr Charles
Bought by
Schultz Ibert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$796,142
Interest Rate
4.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 1994
Sold by
Johnson Allan Alexander and Johnson Kenneth Lloyd
Bought by
Huggins Fitzroy and Holness Huggins Audrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,240
Interest Rate
8.81%
Mortgage Type
FHA
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
227 Jefferson Avenue Llc -- --
Doyle August $2,456,000 --
Schultz Ibert $696,450 --
Huggins Fitzroy -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Doyle August $956,852
Previous Owner Doyle August $956,852
Previous Owner Schultz Ibert $796,142
Previous Owner Huggins Fitzroy $147,240
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2019 02/14/19 Sold $2,456,000 +2.5% $614 / Sq Ft
01/15/2019 01/15/19 Pending -- -- --
09/09/2018 09/09/18 For Sale $2,395,000 -- $599 / 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 $10,491 $90,240 $15,780 $74,460
2024 $10,491 $106,140 $15,780 $90,360
2023 $10,608 $113,940 $15,780 $98,160
2022 $10,086 $119,940 $15,780 $104,160
2021 $10,281 $131,520 $15,780 $115,740
2020 $4,827 $159,480 $15,780 $143,700
2019 $9,106 $127,980 $15,780 $112,200
2018 $8,873 $43,529 $6,054 $37,475
2017 $8,582 $42,102 $9,032 $33,070
2016 $8,138 $40,709 $11,791 $28,918
2015 $2,801 $31,490 $10,926 $20,564
2014 $2,801 $21,703 $6,755 $14,948
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10423889

Real Estate Board of New York (REBNY)

APN: 01828-0072

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