NOT LISTED FOR SALE

261 Saint Nicholas Ave New York, NY 11385

Bushwick Neighborhood

Estimated Value: $1,681,637

8 Beds
6 Baths
5,120 Sq Ft
$328/Sq Ft Est. Value

Last Sold November 29, 2021

Last sale price $1,500,000 $293 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $9,497/month

232 Days on Market

Highlights

  • Rooftop Deck
  • 4-minute walk to Myrtle-Wyckoff Avenues
  • Wood Flooring
  • Property is near public transit
  • Cathedral Ceiling
  • Corner Lot

About This Home

As of November 2021

Corner 2 Family + Store & Full Basement!, Additional information: Interior Features:Lr/Dr

Last Agent to Sell the Property

Stellina Napolitano

Capri Jet Realty Corp Brokerage Phone: 718-388-2188 License #10301219174 Listed on: 10/21/2020

Co-Listed By

Jessie Lookfong

Capri Jet Realty Corp Brokerage Phone: 718-388-2188 License #10301219682

Last Buyer's Agent

Stellina Napolitano

Capri Jet Realty Corp Brokerage Phone: 718-388-2188 License #10301219174 Listed on: 10/21/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,855

Year Built

  • Built in 1931

Lot Details

  • 1,804 Sq Ft Lot
  • Lot Dimensions are 20x90.92
  • 1 Common Wall
  • Private Entrance
  • Corner Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Frame Construction

Interior Spaces

  • 3-Story Property
  • Cathedral Ceiling
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms

Schools

  • Ps 110 Elementary School
  • Is 93 Ridgewood Middle School
  • Grover Cleveland High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Rooftop Deck
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 10 / 3442
  • Assessor Parcel Number 03442-0010

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,855

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Duplex
  • Levels: Three Or More
  • Year Built: 1931
  • Attribution Contact: 718-388-2188
  • Co List Office Mls Id: KEYCPRI01
  • Co List Office Phone: 718-388-2188
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cathedral Ceiling(s)
  • Flooring: Hardwood
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement: Full, Partially Finished
  • Total Bedrooms: 8
  • Basement YN: No

Exterior Features

  • Construction Materials: Frame
  • Pool Private: No
  • Spa: No
  • Exterior Features: Private Entrance, Roof Deck

Garage/Parking

  • Parking Description: Off Street

Utilities

  • Cooling: Zoned
  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Schools

  • Middle School: Is 93 Ridgewood

Lot Info

  • Lot Dimensions: 20x90.92
  • Lot Size Sq Ft: 1804
  • Lot Features: Corner Lot, Near Public Transit, Near School, Near Shops
  • Parcel Number: 03442-0010
  • Property Attached: Yes
  • Additional Parcels: No
  • Zoning: R6B

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 3855
  • Tax Block: 3442
  • Tax Lot: 10

MLS Schools

  • Elementary School: Ps 110
  • High School: Grover Cleveland High School
  • Middle School District: Queens24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Nov 30, 2021
Sold by
Tsang Chiu Kui and Tsang Siu Yung
Bought by
House Nicholas Llc
Seller's Agent
Stellina Napolitano
Capri Jet Realty Corp
Buyer's Agent
Stellina Napolitano
Capri Jet Realty Corp
List Price
$1,749,000
Sold Price
$1,500,000
Premium/Discount to List
-$249,000
-14.24%
Current Estimated Value
$1,681,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,637
Avg. Annual Appreciation
3.01%
Original Mortgage
$750,000
Outstanding Balance
$689,618
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$992,019

Purchase Details

Closed on
Mar 23, 1995
Sold by
Lee Gar Sing
Bought by
Tsang Chiu Kui and Tsang Siu Yung Lam
Source: Public Records

Range of Values:

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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
House Nicholas Llc $1,500,000 --
Tsang Chiu Kui -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open House Nicholas Llc $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2021 11/29/21 Sold $1,500,000 -3.2% $293 / Sq Ft
06/10/2021 06/10/21 Pending -- -- --
03/01/2021 03/01/21 Price Changed $1,549,000 -3.2% $303 / Sq Ft
01/11/2021 01/11/21 Price Changed $1,599,999 -5.8% $312 / Sq Ft
11/17/2020 11/17/20 Price Changed $1,699,000 -2.9% $332 / Sq Ft
10/21/2020 10/21/20 For Sale $1,749,000 -- $342 / Sq Ft
Source: OneKey® MLS

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 $6,548 $34,559 $4,600 $29,959
2024 $6,548 $32,603 $4,562 $28,041
2023 $6,178 $30,758 $4,611 $26,147
2022 $6,089 $69,540 $11,460 $58,080
2021 $4,073 $67,500 $11,460 $56,040
2020 $3,913 $57,900 $11,460 $46,440
2019 $3,604 $56,520 $11,460 $45,060
2018 $3,260 $25,632 $6,236 $19,396
2017 $1,945 $25,416 $6,587 $18,829
2016 $1,876 $25,416 $6,587 $18,829
2015 $1,007 $23,999 $8,953 $15,046
2014 $1,007 $22,641 $10,127 $12,514
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3263008

OneKey® MLS

APN: 03442-0010