NOT LISTED FOR SALE

Estimated Value: $2,260,000 - $2,851,000

5 Beds
4 Baths
4,000 Sq Ft
$654/Sq Ft Est. Value

Sale Details

Date Sold: July 11, 2022

Last sale price $2,450,000 $612 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $14,523 / mo

30 Days on Market

About This Home

As of July 2022

259 Jefferson Avenue was designed in the classic Queen Ann style in 1886 by the prestigious John G. Prague, one of the most prolific Manhattan architects. Prague used a handsome combination of brownstone, brick and terra cotta with a metal cornice. The only Prague townhouses in Brooklyn are on these prime stretches of Jefferson Avenue and Hancock Street in Bedford Stuyvesant otherwise you'll find Prague's architecture in much of the Upper East and West Sides of Manhattan. With it's high ceilings and grand proportions, 259 Jefferson measures 20' x 50' for a total of 4000+GSF including a 2-story rear extension. The level of detail that remains in this 4-story beauty belies it's noble origins with 6 fireplace mantles, original door and window moldings, decorative plaster ceiling molding, original shutters, built-in pass-through closets, waist-high wainscoting, multiple pocket doors and 2 towering pier mirrors. The impressive entry is an unusual double hallway layout with an outer vestibule and an inner foyer with pier mirror and an ornately wood-trimmed glass door with sidelights separating the "public" area from the inner center hall and stairwell. To the left is the front parlor featuring an extra-wide pier mirror, double bay windows trimmed original woodwork and decorative but stately plaster molding. The overall effect exudes taste and fortune. The rear parlor features an original mantle and over-mantle with beveled mirror and fretwork and original woodwork throughout. 5 of the 6 original mantles, and original woodwork grace the upper and garden floors. And although the home needs some love, it's not hard to envision its original beauty coming back to life. 259 Jefferson is a legal 3-family home ready for it's Cinderella storybook transformation into one of the grandest homes in Bedford Stuyvesant, whether it's utilized as a, 1-, 2-, or 3-family home to suit your needs. It is ideally located in the highly desirable Bedford Historic District between Nostrand and Marcy Avenues, close to the A/C express train stop as well as the Long Island Railroad station. Favorite nearby hotspots include Bunny, Le Paris Dakar, Brooklyn Tea, Alive Herbal, Zabka, Doctor's Cave Caf, Bed-Vyne Brew, Oddly Enough, Peace & Riot, Chicky's General Store and much, much more. Finally, we would like to pay homage to 259 Jefferson Avenue's original owner, William J. Howard, the namesake of Howard Beach, Brooklyn. Mr. Howard joined his brother's lucrative leather factory in the late 1880s, but he dabbled in his own endeavors. In 1897 he purchased 37 acres of marsh land west of Hawtree Creek, upon which he planned to breed Angora goats that he was about to import from Mexico. He later purchased 120 more acres for his goat farm on meadow land near Aqueduct Racetrack. In 1897, he bought more land and filled it in and the following year, built 18 cottages and opened a hotel near the water, which he operated until it was destroyed by fire in October 1907. He gradually bought more land and formed the Howard Estates Development Company in 1909, finally accumulating 500 acres by 1914. He laid out several streets, water and gas mains, and built 35 houses that were priced $2,500$5,000. The Long Island Rail Road established a station named Ramblersville in 1905 and a Post Office by the same name opened soon thereafter. A casino, beach, and fishing pier were added in 1915 and the name of the neighborhood was changed to Howard Beach on April 6, 1916.

Last Agent to Sell the Property

Morgan Munsey

Compass License #10401246141 Listed on: 09/23/2021

Compass

Co-Listed By

Perri DeFino

Compass License #10401301423

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1901

Lot Details

  • Lot Dimensions are 20.0 x 100.0

Home Design

  • Pre War Building

Interior Spaces

  • 4,000 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Community Details

  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Legal Lot and Block 56 / 1828

Home Details

Home Type

Single Family

Year Built

Built in 1901

Lot Details

2,004 Sq Ft Lot

Listing Details

  • Cross Street: Nostrand Avenue/Marcy Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Bedford Stuyvesant
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4

Interior Features

  • Living Area: 4000.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 4
  • Bathrooms Integer: 4
  • Bedrooms: 5

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 20.0 x 100.0

Building Info

  • Total Stories: 4
  • Year Built: 1901

Tax Info

  • Tax Block: 1828
  • Tax Lot: 56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Jul 11, 2022
Sold by
Sutherland Aiesha and Sutherland Gerald
Bought by
Fasoro Priscilla
Seller's Agent
Morgan Munsey
Compass
List Price
$2,430,000
Sold Price
$2,450,000
Premium/Discount to List
$20,000
0.82%
Current Estimated Value
$2,615,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,702
Avg. Annual Appreciation
1.72%
Original Mortgage
$2,204,755
Outstanding Balance
$2,078,859
Interest Rate
5.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$536,843

Purchase Details

Closed on
Feb 28, 2013
Sold by
Sutherland Gerald
Bought by
Sutherland Aiesha and Sutherland Gerald
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Fasoro Priscilla $2,450,000 --
Sutherland Aiesha -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Fasoro Priscilla $2,204,755
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2022 07/11/22 Sold $2,450,000 +0.8% $613 / Sq Ft
03/11/2022 03/11/22 For Sale $2,430,000 -- $608 / 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
2026 $6,717 $125,400 $16,380 $109,020
2025 $6,357 $95,400 $16,380 $79,020
2024 $6,357 $112,200 $16,380 $95,820
2023 $6,359 $118,860 $16,380 $102,480
2022 $5,897 $130,200 $16,380 $113,820
2021 $5,865 $142,800 $16,380 $126,420
2020 $4,391 $156,180 $16,380 $139,800
2019 $5,517 $126,120 $16,380 $109,740
2018 $5,319 $26,092 $3,783 $22,309
2017 $5,018 $24,616 $4,492 $20,124
2016 $4,642 $23,223 $5,722 $17,501
2015 $2,801 $23,223 $7,269 $15,954
2014 $2,801 $21,979 $6,724 $15,255
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10784902

Real Estate Board of New York (REBNY)

APN: 01828-0056

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