NOT LISTED FOR SALE

263 Macdonough St Unit 5 Brooklyn, NY 11233

Bed-Stuy Neighborhood

Estimated Value: $2,189,000 - $2,563,000

4 Beds
4 Baths
4,200 Sq Ft
$575/Sq Ft Est. Value

Last Sold June 16, 2022

Last sale price $2,275,000 $542 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $14,159/month

196 Days on Market

Highlights

  • City View
  • Balcony
  • 5-minute walk to El Shabazz Playground
  • Pre War Building
  • Garden

About This Home

As of June 2022

Back on Market!

Rare opportunity to acquire a quintessential Brooklyn Brownstone set on a tree-lined block and located within one of the borough's most notable neighborhoods The Stuyvesant Heights Historic District.

Constructed in 1885, this Neo-Grec Style rowhouse is notable for its three-story projecting bay and elaborately detailed raised entrance. Located on a generously scaled lot that measures some 20 feet wide by 100 feet deep, with a first-floor extension and finished cellar, the house provides over 4200 square feet of living space in addition to 4 private outdoors spaces.

Unlike many houses from this period, 263 MacDonough Street has retained its character defining interior period details that give it such a wonderful character. These include elaborate plaster moldings, a gracious mahogany staircase, pocket doors, wood shutters, and decorative fireplaces, among others. The gracious character of the house is clearly seen on the parlor floor which has nearly 12-foot-high ceiling, and the aforementioned plaster work and woodwork.

The existing layout of the house allows for a wide choice of uses with a garden level duplex unit with private outdoor space / garden and updated kitchen and in-unit Miele washer / dryer, that could provide $3,000 of monthly income.

The parlor floor is currently set-up as a grand floor-through unit with large kitchen and private outdoor space / garden.

The top two floors consist of a sun splashed 2-bedroom (could easily be made into a 3-bedroom) duplex unit that has a loft like feel with an open living / dining area with updated kitchen. The upper floor has two large master suites as well as an in-unit washer / dryer. The unit is topped off by a private rooftop with breathtaking views of Manhattan.

The options presented are limitless keep the units for income or return over time to a triplex over an income-producing garden level unit, or even back to the house's original configuration as a grand single-family residence.

In addition to being on a prime neighborhood block, 263 MacDonough is notable for being located just a short distance from the A express and C trains, as well as from restaurants and shopping that have given the community its distinctive character.

Hands down the best option on the market in Brownstone Brooklyn contact listing agent for a showing.

Last Agent to Sell the Property

Jonathan Mellon

Compass License #10401246727 Listed on: 12/01/2021

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,008

Year Built

  • Built in 1885

Lot Details

  • Lot Dimensions are 20.0 x 100.0
  • Garden

Home Design

  • Pre War Building

Interior Spaces

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Balcony

Community Details

  • Stuyvesant Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 51 / 1669

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,008

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Cross Street: Marcus Garvey Boulevard/Lewis Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Stuyvesant Heights
  • 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): 12

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Balcony, Garden
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 20.0 x 100.0

Building Info

  • Total Stories: 4
  • Year Built: 1885

Tax Info

  • Tax Block: 1669
  • Tax Lot: 51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2021
Closed on
Jun 10, 2022
Sold by
Home On Adelphi Llc
Bought by
Pozdorovkin Maxim and White Whitney
Seller's Agent
Jonathan Mellon
Compass
List Price
$2,349,000
Sold Price
$2,275,000
Premium/Discount to List
-$74,000
-3.15%
Current Estimated Value
$2,414,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,867
Avg. Annual Appreciation
-1.41%

Purchase Details

Closed on
May 27, 2020
Sold by
Revival Concepts Llc
Bought by
Home On Adelphi Llc

Purchase Details

Closed on
Apr 4, 2006
Sold by
Torbert Hank
Bought by
Revival Concepts Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 2000
Sold by
Jones Henry
Bought by
Torbert Hank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,100
Interest Rate
8.21%
Mortgage Type
FHA
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
Pozdorovkin Maxim $2,275,000 --
Home On Adelphi Llc $1,754,000 --
Revival Concepts Llc $740,000 --
Revival Concepts Llc $740,000 --
Torbert Hank $293,500 Fidelity National Title Ins
Torbert Hank $293,500 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Revival Concepts Llc $592,000
Previous Owner Torbert Hank $440,000
Previous Owner Torbert Hank $340,000
Previous Owner Torbert Hank $324,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2022 06/16/22 Sold $2,275,000 -3.2% $542 / Sq Ft
04/20/2022 04/20/22 For Sale $2,349,000 +3.3% $559 / Sq Ft
04/19/2022 04/19/22 Off Market $2,275,000 -- --
04/01/2022 04/01/22 Price Changed $2,349,000 +3.3% $559 / Sq Ft
12/01/2021 12/01/21 For Sale $2,275,000 -- $542 / 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 $12,008 $117,420 $23,040 $94,380
2024 $12,008 $103,740 $23,040 $80,700
2023 $11,454 $127,260 $23,040 $104,220
2022 $10,080 $111,180 $23,040 $88,140
2021 $10,564 $121,920 $23,040 $98,880
2020 $5,256 $130,200 $23,040 $107,160
2019 $10,422 $103,500 $23,040 $80,460
2018 $9,581 $47,001 $7,816 $39,185
2017 $9,039 $44,341 $9,512 $34,829
2016 $8,363 $41,832 $12,114 $29,718
2015 $5,045 $41,832 $18,190 $23,642
2014 $5,045 $41,518 $21,672 $19,846
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10831987

Real Estate Board of New York (REBNY)

APN: 01669-0051