NOT LISTED FOR SALE

Estimated Value: $1,584,000 - $2,301,000

4 Beds
4 Baths
2,100 Sq Ft
$864/Sq Ft Est. Value

Last Sold April 20, 2023

Last sale price $2,386,987 $1,137 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $9,976/month

71 Days on Market

Highlights

  • Pre War Building
  • Building Terrace
  • Garden
  • Terrace

About This Home

As of April 2023

Welcome home to 241 Lexington Avenue, a thoughtfully designed and gut-renovated 2-family townhouse with 4 bedrooms, three full baths/two half baths and nestled on a charming, tree-lined street in Bedford-Stuyvesant.

Enter the parlor level where you will find the owner's duplex with an expansive open concept living and dining area with herringbone wood floors and a half bath. The fully outfitted chef's kitchen has a breakfast bar with quartz countertops and is equipped with Viking stainless steel appliances-all leading out onto a private terrace perfect for dining alfresco and with a stairway leading down to a picturesque garden.

The upper level of the duplex features a landing with a skylight and three well-appointed bedrooms. The primary bedroom, with three windows and a large closet, includes an exquisite en-suite bathroom with a glass enclosed walk-in shower and skylight. The 2nd and 3rd bedrooms each have closet space and there is another renovated full bathroom with a tub and a washer/dryer on this floor.

There is also an additional basement space with a renovated rec room with a separate entrance currently being used as a design studio.

On the garden level there's a renovated 1 bedroom rental with 1.5 bathrooms and an open kitchen with stainless steel appliances, washer dryer, and access to the backyard. Utilize this high income producing unit to offset your living expenses or to use as a guest suite or additional square footage.

This beautiful brick townhouse features hardwood floors throughout, central AC and heating, tankless water heaters, recessed lighting, new mechanicals and the professionally landscaped and irrigated front and back yards have flowers, herbs and fruit growing for you to enjoy!

Some of the best neighborhood restaurants and shops are nearly right outside your door and the house is conveniently located to the

G at Bedford Nostrand, C/S at Franklin, A/C and LIRR at Nostrand.

Last Agent to Sell the Property

Mara Ingram

Compass License #10401217208 Listed on: 06/10/2022

Compass

Co-Listed By

Alex Sochinsky

Compass License #10401330157

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,993

Year Built

  • Built in 1899

Lot Details

  • Lot Dimensions are 16.0 x 100.0
  • Garden

Home Design

  • Pre War Building

Interior Spaces

  • 2,100 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Terrace

Community Details

  • Bedford Stuyvesant Subdivision
  • Building Terrace

Listing and Financial Details

  • Legal Lot and Block 86 / 1797

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,993

Year Built

Built in 1899

Lot Details

0

Listing Details

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

Interior Features

  • Living Area: 2100.0
  • Living Area Units: Square Feet
  • Rooms (Total): 8

Beds/Baths

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

Exterior Features

  • Exterior Features: Garden
  • Patio/Porch Features: Building Terrace, Terrace

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 16.0 x 100.0

Building Info

  • Total Stories: 3
  • Year Built: 1899

Tax Info

  • Tax Block: 1797
  • Tax Lot: 86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2023
Sold by
Townhouse Rental Ii Llc
Bought by
Townhouse Rental Llc
Current Estimated Value
$1,814,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,595,812
Outstanding Balance
$48,665,777
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$46,851,241

Purchase Details

Listed on
Jun 10, 2022
Closed on
Apr 20, 2023
Sold by
Basore George and Wheeler Amy
Bought by
Townhouse Rental Ii Llc
Seller's Agent
Mara Ingram
Compass
List Price
$2,499,000
Sold Price
$2,386,987
Premium/Discount to List
-$112,013
-4.48%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.84%

Purchase Details

Closed on
Jul 12, 2018
Sold by
241 Lexington Llc
Bought by
Basore George and Wheeler Amy

Purchase Details

Closed on
May 25, 2016
Sold by
Rubina Claxton As Executor Of The Last and Testament Of Fernando A Brown
Bought by
241 Lexington Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.66%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 10, 2004
Sold by
Lidimaf Inc
Bought by
Brown Fernando A

Purchase Details

Closed on
Sep 7, 2001
Sold by
Brown Fernando
Bought by
Lidimaf Inc
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
Townhouse Rental Llc -- --
Townhouse Rental Llc -- --
Townhouse Rental Ii Llc $2,386,987 --
Townhouse Rental Ii Llc $2,386,987 --
Basore George $2,150,000 --
Basore George $2,150,000 --
241 Lexington Llc $665,000 --
241 Lexington Llc $665,000 --
Brown Fernando A -- --
Brown Fernando A -- --
Lidimaf Inc -- --
Lidimaf Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Townhouse Rental Llc $49,595,812
Closed Townhouse Rental Llc $49,595,812
Previous Owner Basore George $1,612,500
Previous Owner 241 Lexington Llc $0
Previous Owner 241 Lexington Llc $700,000
Previous Owner Brown $160,000
Previous Owner Brown Fernando $300,000
Previous Owner Brown Fernando $199,000
Previous Owner Brown Fernando $41,000
Closed Brown Fernando A $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2023 04/20/23 Sold $2,386,987 -4.5% $1,137 / Sq Ft
04/14/2023 04/14/23 Off Market $2,499,000 -- --
08/21/2022 08/21/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $2,499,000 -- $1,190 / 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 $1,993 $96,420 $13,380 $83,040
2024 $1,993 $103,560 $13,380 $90,180
2023 $1,906 $91,500 $13,380 $78,120
2022 $1,773 $84,540 $13,380 $71,160
2021 $1,764 $79,140 $13,380 $65,760
2020 $874 $84,120 $13,380 $70,740
2019 $1,730 $81,120 $13,380 $67,740
2018 $1,594 $7,820 $1,289 $6,531
2017 $1,509 $7,401 $1,481 $5,920
2016 $1,396 $6,984 $1,888 $5,096
2015 $842 $6,966 $2,212 $4,754
2014 $842 $6,890 $2,626 $4,264
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10844742

Real Estate Board of New York (REBNY)

APN: 01797-0086