NOT LISTED FOR SALE

Estimated Value: $1,577,000 - $2,168,601

4 Beds
2 Baths
2,700 Sq Ft
$651/Sq Ft Est. Value

Last Sold April 11, 2023

Last sale price $1,150,000 $426 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $9,652/month

54 Days on Market

About This Home

As of April 2023

Bring your architect and your contractor and make this your dream home! An amazing location for an amazing price. This 2-family property is nestled on a tree-lined block in Stuyvesant Heights. Saturated with history, this property has been with the family for over 40 years and awaits a new legacy. Transform this home into what can last for another 4 decades of memories. Property features new front and back facade, along with a new roof and updated mechanics. In need of cosmetic updating and a more open layout. At this price you can afford to do it all! just minutes from ample eateries, bars and neighborhood amenities. Call for an appointment today!

Pictures and floor plan coming soon! Approved architectural plans available upon request.

Last Agent to Sell the Property

Deenie Simpson

Compass License #10401221155 Listed on: 11/04/2022

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,383

Year Built

  • Built in 1901

Lot Details

  • Lot Dimensions are 20.0 x 80.0

Home Design

  • Pre War Building

Interior Spaces

  • 2,700 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Community Details

  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Legal Lot and Block 2 / 1641

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,383

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Cross Street: Monroe Street/Madison Street
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Bedford Stuyvesant
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Living Area: 2700.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 4

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 20.0 x 80.0

Building Info

  • Total Stories: 2
  • Year Built: 1901

Tax Info

  • Tax Block: 1641
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2022
Closed on
Apr 11, 2023
Sold by
Cloud Jermaine A
Bought by
229 Stuyvesant Ave Llc
Seller's Agent
Deenie Simpson
Compass
List Price
$1,250,000
Sold Price
$1,150,000
Premium/Discount to List
-$100,000
-8%
Views
19
Current Estimated Value
$1,711,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$561,361
Avg. Annual Appreciation
19.16%
Original Mortgage
$690,000
Outstanding Balance
$673,356
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,059,900

Purchase Details

Closed on
May 20, 2020
Sold by
Cloud Jermaine A
Bought by
Cloud Jermaine A

Purchase Details

Closed on
Aug 2, 2016
Sold by
Cloud Doris
Bought by
Cloud Jermaine A
Source: Public Records

Range of Values:

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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
229 Stuyvesant Ave Llc $1,150,000 --
Cloud Jermaine A -- --
Cloud Jermaine A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 229 Stuyvesant Ave Llc $690,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2023 04/11/23 Sold $1,150,000 -8.0% $426 / Sq Ft
12/30/2022 12/30/22 Pending -- -- --
11/05/2022 11/05/22 For Sale $1,250,000 -- $463 / Sq Ft
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 $3,383 $94,440 $11,280 $83,160
2024 $3,383 $90,300 $11,280 $79,020
2023 $3,227 $84,600 $11,280 $73,320
2022 $2,840 $69,240 $11,280 $57,960
2021 $2,976 $63,840 $11,280 $52,560
2020 $2,976 $76,440 $23,880 $52,560
2019 $3,697 $78,540 $23,880 $54,660
2018 $3,575 $17,538 $6,392 $11,146
2017 $3,373 $16,546 $5,692 $10,854
2016 $3,121 $15,610 $7,249 $8,361
2015 $1,883 $14,727 $5,877 $8,850
2014 $1,883 $14,727 $7,055 $7,672
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10844743

Real Estate Board of New York (REBNY)

APN: 01641-0002