NOT LISTED FOR SALE

Estimated Value: $1,324,000 - $1,577,000

Studio
-- Bath
940 Sq Ft
$1,557/Sq Ft Est. Value

Last Sold May 30, 2024

Last sale price $1,700,000 $1,809 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $9,107/month

309 Days on Market

About This Home

As of May 2024

263 (aka 263-265) Weirfield Street is an extremely unique park facing sunny double wide lot with curb cut. At 39 x 100 feet this is a rare opportunity to construct a building with Irving park views, in the heart of Bushwick, off the L train at Halsey.With approximately 9,433 square feet buildable residential or over 18,000 with Facility FAR you can be creative . Building images are renderings of approved plans that can be shared if interested. This neighborhood has seen tremendous growth over the past decade with many new developments, restaurants, shops, and event spaces!

Last Agent to Sell the Property

David Hubschman

Douglas Elliman Real Estate License #10401212746 Listed on: 04/19/2023

Douglas Elliman Real Estate

Co-Listed By

Rafael Malka

Douglas Elliman Real Estate License #30MA1030034

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,424

Year Built

  • Built in 1931

Lot Details

  • 1,908 Sq Ft Lot
  • Lot Dimensions are 100.00x19.08

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2-Story Property
  • Laundry in unit

Additional Features

  • Terrace
  • No Cooling

Community Details

  • Bushwick Subdivision

Listing and Financial Details

  • Legal Lot and Block 0056 / 03398

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,424

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Bushwick
  • Architectural Style: Walk-Up
  • Entry Level: 1
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Features: Smoke Free
  • Fireplace: No
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Exterior Features

  • View: Other
  • View: No
  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: In Unit
  • Green Building Features: Green Building
  • Cooling: No

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 1908.0
  • Lot Size Dimensions: 100.00x19.08

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 2
  • Total Stories: 2
  • Year Built: 1931

Tax Info

  • Tax Block: 03398
  • Tax Lot: 0056
  • Tax Annual: 5424.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2023
Closed on
May 30, 2024
Sold by
Brooklyn Property Holdings Llc
Bought by
Weirfield Residence Llc
Seller's Agent
David Hubschman
Douglas Elliman Real Estate
List Price
$2,499,999
Sold Price
$1,700,000
Premium/Discount to List
-$799,999
-32%
Views
103
Current Estimated Value
$1,463,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$236,667
Avg. Annual Appreciation
-8.94%
Original Mortgage
$4,350,000
Outstanding Balance
$4,289,088
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$2,825,755

Purchase Details

Closed on
Apr 5, 2016
Sold by
Rsg-Shef 263 Weirfield Llc
Bought by
Brooklyn Property Holdings Llc

Purchase Details

Closed on
May 16, 2014
Sold by
Rsg-Shef 265 Weirfield Llc
Bought by
Rsg-Shef 263 Weirfield Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$474,500
Interest Rate
4.33%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 25, 2014
Sold by
Rsg-Shef 263 Weirfield Llc
Bought by
Rsg-Shef 265 Weirfield Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$474,500
Interest Rate
4.33%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 4, 2014
Sold by
263-265 Weirfield Street Llc
Bought by
Rsg-Shef 263 Weirfield Llc

Purchase Details

Closed on
Dec 18, 2008
Sold by
Oropeza Johnson and Oropeza Iris
Bought by
263-265 Weirfield Street Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Weirfield Residence Llc $1,700,000 --
Weirfield Residence Llc $1,700,000 --
Weirfield Residence Llc $1,700,000 --
Brooklyn Property Holdings Llc $2,300,000 --
Brooklyn Property Holdings Llc $2,300,000 --
Brooklyn Property Holdings Llc $2,300,000 --
Rsg-Shef 263 Weirfield Llc -- --
Rsg-Shef 263 Weirfield Llc -- --
Rsg-Shef 265 Weirfield Llc -- --
Rsg-Shef 265 Weirfield Llc -- --
Rsg-Shef 263 Weirfield Llc $1,100,000 --
Rsg-Shef 263 Weirfield Llc $1,100,000 --
263-265 Weirfield Street Llc -- --
263-265 Weirfield Street Llc -- --
Oropeza Johnson -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weirfield Residence Llc $4,350,000
Closed Weirfield Residence Llc $4,350,000
Previous Owner Rsg-Shef 263 Weirfield Llc $474,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2024 05/30/24 Sold $1,700,000 -15.0% $1,809 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
02/07/2024 02/07/24 Price Changed $2,000,000 -11.1% $2,128 / Sq Ft
10/30/2023 10/30/23 Price Changed $2,250,000 -10.0% $2,394 / Sq Ft
10/19/2023 10/19/23 For Sale $2,499,999 +47.1% $2,660 / Sq Ft
10/10/2023 10/10/23 Off Market $1,700,000 -- --
08/23/2023 08/23/23 Price Changed $2,499,999 -16.7% $2,660 / Sq Ft
04/19/2023 04/19/23 For Sale $3,000,000 -- $3,191 / 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
2024 -- $0 $0 $0
2023 $0 $0 $0 $0
2022 $2,627 $15,060 $15,060 $0
2021 $2,753 $13,080 $13,080 $0
2019 $5,369 $68,400 $13,080 $55,320
2018 $5,121 $25,122 $3,876 $21,246
2017 $5,121 $25,122 $4,961 $20,161
2016 $4,911 $24,565 $6,547 $18,018
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10963982

Real Estate Board of New York (REBNY)

APN: 03398-0055