NOT LISTED FOR SALE

Estimated Value: $5,141,000 - $5,283,923

5 Beds
3 Baths
4,200 Sq Ft
$1,241/Sq Ft Est. Value

Last Sold December 11, 2018

Last sale price $4,250,000 $1,012 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $30,918/month

29 Days on Market

Highlights

  • Pre War Building
  • P.S. 20 Clinton Hill Rated A
  • 1-minute walk to Edmonds Playground

About This Home

As of December 2018

The bookend of seven Italianate houses built 1866 on one of Fort Greene's most desirable Landmarked blocks, 256 Carlton Avenue is a grand, well-preserved 3-family 21.5x48' house on a 100' lot spanning approximately 4,200 SQFT. Above its rusticated base and ample stoop, find an intact entry and double parlor resplendent with original detail: mantels, pocket doors, wide plank wood floors, uninterrupted moldings, floor-length windows, pier mirror and 13' ceilings. Configured as a garden-parlor duplex with two full-floor apartments above, this brownstone has the potential to create a substantial single family home or upper triplex with a garden rental. This home could also become a high income producing rental property in its current configuration (please request a setup). Well maintained by its longtime owner and having already undergone a landmark approved facade restoration, this home is delivered vacant and ready to be restored to its original grandeur. In the heart of the Fort Greene Historic District, 256 Carlton Avenue is proximate to the neighborhood's sundry amenities: Fort Greene Park, acclaimed restaurants along DeKalb Avenue, BAM, Barclays Center and quick transport to Manhattan. Off-street 24/7 luxury parking is available for purchase as well.

Last Agent to Sell the Property

Douglas Bowen

Douglas Elliman Real Estate License #10301217443 Listed on: 05/17/2018

Douglas Elliman Real Estate

Co-Listed By

Zia O'Hara

Douglas Elliman Real Estate License #10301222365

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,119

Year Built

  • Built in 1866

Lot Details

  • 2,134

Home Design

  • Pre War Building

Interior Spaces

  • 4,200 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Community Details

  • 3 Units
  • Fortgrne Subdivision

Listing and Financial Details

  • Tax Block 2089

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,119

Year Built

Built in 1866

Lot Details

0

Listing Details

  • Cross Street: Dekalb Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: FORTGRNE
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Living Area: 4200.0
  • Living Area Units: Square Feet
  • Rooms (Total): 11

Beds/Baths

  • Bathrooms Integer: 3
  • Bedrooms: 5

Garage/Parking

  • Garage: No

Building Info

  • Units: 3
  • Total Stories: 4
  • Year Built: 1866

Tax Info

  • Tax Block: 2089

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2018
Closed on
Dec 11, 2018
Sold by
Gibson Timothy
Bought by
Malik Mohammad S J and Nayak Shabari Satish
Seller's Agent
Douglas Bowen
Douglas Elliman Real Estate
List Price
$3,995,000
Sold Price
$4,250,000
Premium/Discount to List
$255,000
6.38%
Current Estimated Value
$5,356,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,106,036
Avg. Annual Appreciation
3.16%
Original Mortgage
$2,975,000
Outstanding Balance
$2,636,290
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,593,878
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Malik Mohammad S J $4,250,000 --
Malik Mohammad S J $4,250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malik Mohammad S $1,000,000
Closed Malik Mohammad Sj $1,000,000
Open Malik Mohammad S J $2,975,000
Closed Malik Mohammad S J $2,975,000
Previous Owner Gibson Timothy $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2022 04/20/22 Off Market $4,250,000 -- --
12/11/2018 12/11/18 Sold $4,250,000 +6.4% $1,012 / Sq Ft
10/10/2018 10/10/18 Pending -- -- --
09/10/2018 09/10/18 For Sale $3,995,000 -- $951 / 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 $19,119 $265,380 $38,100 $227,280
2024 $19,119 $312,240 $38,100 $274,140
2023 $10,590 $273,240 $38,100 $235,140
2022 $10,164 $244,380 $38,100 $206,280
2021 $10,494 $268,020 $38,100 $229,920
2020 $7,871 $324,960 $38,100 $286,860
2019 $9,326 $258,360 $38,100 $220,260
2018 $8,799 $44,622 $6,342 $38,280
2017 $8,594 $43,627 $8,679 $34,948
2016 $8,232 $42,727 $11,138 $31,589
2015 $4,744 $40,309 $15,399 $24,910
2014 $4,744 $38,319 $12,444 $25,875
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10425583

Real Estate Board of New York (REBNY)

APN: 02089-0063