NOT LISTED FOR SALE

Estimated Value: $1,289,000 - $1,321,000

8 Beds
6 Baths
3,300 Sq Ft
$395/Sq Ft Est. Value

Last Sold March 13, 2014

Last sale price $680,000 $206 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $7,569/month

94 Days on Market

About This Home

As of March 2014

This is a totally renovated three family brick, new construction house on a lovely tree lined block in Bedford Stuyvesant. This house would be a turn key income producing investment earning at least $5500/month ($66,000/year) with low expenses and tenants paying all utilities. It is configured as an owner's garden/Rec Space duplex with two three bedroom floor through. An owner could also live in the lower duplex and earn approximately $3500 from the top two floor.

Property Details

Home Type

  • Condo-Op

Lot Details

  • 1,220

Interior Spaces

  • 3,300 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Community Details

  • 3 Units
  • Bed Stuy Subdivision

Listing and Financial Details

  • Tax Block 1712

Property Details

Home Type

Condo-Op

Lot Details

0

Listing Details

  • Cross Street: herkimer
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: BED-STUY
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 3

Interior Features

  • Living Area: 3300.0
  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Integer: 6
  • Bedrooms: 8

Condo/Co-op/Association

  • Common Interest: Condop

Building Info

  • Units: 3
  • Total Stories: 3

Tax Info

  • Tax Block: 1712

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2013
Closed on
Mar 11, 2014
Sold by
26 Kane Place Llc
Bought by
Kane Plaza Llc
List Price
$699,000
Sold Price
$680,000
Premium/Discount to List
-$19,000
-2.72%
Current Estimated Value
$1,305,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$625,000
Avg. Annual Appreciation
5.64%
Original Mortgage
$1,080,000
Outstanding Balance
$810,939
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$494,061

Purchase Details

Closed on
Jan 24, 2013
Sold by
Greenstein Yaira
Bought by
26 Kane Place Llc

Purchase Details

Closed on
May 16, 2007
Sold by
Nelson Robert
Bought by
Greenstein Yaira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 2006
Sold by
1855 Atlantic Avenue Llc
Bought by
Nelson Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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
Kane Plaza Llc $680,000 --
Kane Plaza Llc $680,000 --
26 Kane Place Llc $600,000 --
26 Kane Place Llc $600,000 --
Greenstein Yaira $750,000 --
Greenstein Yaira $750,000 --
Nelson Robert $750,000 --
Nelson Robert $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kane Plaza Llc $1,080,000
Closed Kane Plaza Llc $1,080,000
Previous Owner Greenstein Yaira $112,500
Previous Owner Greenstein Yaira $600,000
Previous Owner Nelson Robert $487,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2014 03/13/14 Sold $680,000 -2.7% $206 / Sq Ft
02/11/2014 02/11/14 Pending -- -- --
11/08/2013 11/08/13 For Sale $699,000 -- $212 / 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 $9,343 $90,120 $20,100 $70,020
2024 $9,343 $77,760 $20,100 $57,660
2023 $8,912 $79,080 $20,100 $58,980
2022 $8,265 $74,220 $20,100 $54,120
2021 $8,364 $81,420 $20,100 $61,320
2020 $4,158 $71,340 $20,100 $51,240
2019 $8,109 $71,880 $20,100 $51,780
2018 $7,455 $36,570 $14,362 $22,208
2017 $7,033 $34,500 $20,100 $14,400
2016 $6,621 $33,120 $20,100 $13,020
2015 $4,424 $38,280 $22,320 $15,960
2014 $4,424 $36,379 $20,981 $15,398
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10060725

Real Estate Board of New York (REBNY)

APN: 01712-0029