NOT LISTED FOR SALE

Estimated Value: $1,676,000 - $2,050,000

5 Beds
3 Baths
2,016 Sq Ft
$900/Sq Ft Est. Value

Sale Details

Date Sold: August 23, 2023

Last sale price $1,725,000 $856 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $10,000 / mo

Highlights

  • Pre War Building
  • Terrace
  • Intercom
  • P.S. 132 The Conselyea School Rated A-
  • Balcony
  • 2-minute walk to Frost Playground

About This Home

As of August 2023

Williamsburg multi-family on corner lot with Southern exposure. This 2-family home is currently configured as 3-family and will be delivered vacant. There's a 2-bedroom apartment on the top floor and a 2-bedroom apartment on the first floor with a balcony and garden. Plus a full finished basement containing a compact 1-bedroom apartment with a separate entrance.. Plenty of natural sunlight and hard wood floors throughout. Located blocks away from trendy shops on Metropolitan Ave and the L-Train. Great potential for development as well. Building size 20 35. Lot 25 63.17 with additional FAR. Taxes only $318/month.

Great opportunity for development with 3,176 build-able SF, corner lot.

Last Agent to Sell the Property

Ralph Modica

Compass License #10301209350 Listed on: 01/04/2023

Compass

Co-Listed By

Antonia Chabrowski

Compass License #10401302437

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 25.0 x 63.0
  • Garden

Home Design

  • Pre War Building

Interior Spaces

  • 2,016 Sq Ft Home
  • 3-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Balcony
  • Terrace

Community Details

  • East Williamsburg Subdivision
  • Building Terrace

Listing and Financial Details

  • Legal Lot and Block 47 / 2866

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

1,220 Sq Ft Lot

Listing Details

  • Cross Street: Woodpoint Road/Kingsland Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: East Williamsburg
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Equipment (Other): Intercom
  • Living Area: 2016.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 5

Exterior Features

  • Exterior Features: Balcony, Garden
  • Patio/Porch Features: Building Terrace, Terrace, Balcony

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 25.0 x 63.0

Building Info

  • Total Stories: 3
  • Year Built: 1920

Tax Info

  • Tax Block: 2866
  • Tax Lot: 47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2023
Closed on
Aug 23, 2023
Sold by
Stephensen Olafur
Bought by
Drastik-Gonzales Anna Larissa and Gonzales Armando
Seller's Agent
Ralph Modica
Compass
List Price
$1,750,000
Sold Price
$1,725,000
Premium/Discount to List
-$25,000
-1.43%
Views
13
Current Estimated Value
$1,815,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,252
Avg. Annual Appreciation
1.94%
Original Mortgage
$1,379,900
Outstanding Balance
$1,348,457
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$466,795

Purchase Details

Closed on
Mar 3, 2016
Sold by
Au Sandra
Bought by
Stephensen Olafur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,162,500
Interest Rate
3.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2004
Sold by
Stuhl Shlomo
Bought by
Au Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 11, 2003
Sold by
Vasquez Concepcion and Vasquez Maria
Bought by
Stuhl Shloma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
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

Date Buyer Sale Price Title Company
Drastik-Gonzales Anna Larissa $1,725,000 --
Stephensen Olafur $1,550,000 --
Au Sandra $645,000 --
Stuhl Shloma $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drastik-Gonzales Anna Larissa $1,379,900
Previous Owner Stephensen Olafur $1,162,500
Previous Owner Au Sandra $516,000
Previous Owner Stuhl Shloma $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2023 08/23/23 Sold $1,725,000 -1.4% $856 / Sq Ft
01/04/2023 01/04/23 Pending -- -- --
01/04/2023 01/04/23 For Sale $1,750,000 -- $868 / 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 $4,403 $98,640 $12,840 $85,800
2024 $4,403 $94,020 $12,840 $81,180
2023 $4,249 $115,080 $12,840 $102,240
2022 $3,941 $100,140 $12,840 $87,300
2021 $3,921 $109,800 $12,840 $96,960
2020 $1,949 $93,000 $12,840 $80,160
2019 $3,822 $93,720 $12,840 $80,880
2018 $3,554 $17,434 $2,206 $15,228
2017 $3,353 $16,449 $2,421 $14,028
2016 $2,794 $15,525 $3,042 $12,483
2015 $1,652 $15,525 $4,567 $10,958
2014 $1,652 $15,225 $4,430 $10,795
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10887261

Real Estate Board of New York (REBNY)

APN: 02866-0047

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