NOT LISTED FOR SALE

Estimated Value: $2,962,000 - $3,808,551

-- Bed
-- Bath
3,240 Sq Ft
$1,005/Sq Ft Est. Value

Last Sold July 01, 2016

Last sale price $2,150,000 $664 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $18,467/month

60 Days on Market

About This Home

As of July 2016

275 Vanderbilt is a handsome Italianate style brownstone located at the boarder of two of Brooklyn's prime historic neighborhoods, Fort Greene and Clinton Hill. Built in the early 20th century, the façade features the trademark neo-Grec details of a high stoop, double doors and incised brackets and decorative carvings. The legal three family home, measures 18' x 45' and sits on a 75' lot. This approximately 3300 square foot property represents an opportunity to update a classic that retains much of its original detail throughout. Currently configured as an owner's garden duplex and two upper apartments, the home is perfect for a conversion to a single family, upper triplex with a garden rental or a double duplex. Prospective purchasers are encouraged to bring along their architects or contractors to discuss the scope of work and many possibilities for transforming this property. The house can be delivered vacant. 275 Vanderbilt sits right on cusp of the Clinton Hill/Fort Greene border. Just outside your door is the area's Restaurant Row on Dekalb Avenue, Fort Greene Park and its year round farmer's market is 3 blocks away and a few blocks further you are in the BAM Cultural District. With easy access to transportation and all the amenities at your doorstep, opportunity awaits the savvy townhouse buyer.

Last Agent to Sell the Property

Douglas Bowen

Douglas Elliman Real Estate License #10301217443 Listed on: 03/29/2016

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,779

Lot Details

  • 1,350

Home Design

Interior Spaces

  • 3,240 Sq Ft Home
  • 4-Story Property

Community Details

  • 3 Units
  • Clinthl Subdivision

Listing and Financial Details

  • Tax Block 1915

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,779

Lot Details

0

Listing Details

  • Cross Street: Dekalb Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: CLINTHL
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Living Area: 3240.0
  • Living Area Units: Square Feet

Building Info

  • Units: 3
  • Total Stories: 4

Tax Info

  • Tax Block: 1915

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2016
Closed on
Jun 29, 2016
Sold by
Noyes Alex and Noyes Alexander
Bought by
Olowalu Limited Liability Company
Seller's Agent
Douglas Bowen
Douglas Elliman Real Estate
List Price
$2,250,000
Sold Price
$2,150,000
Premium/Discount to List
-$100,000
-4.44%
Current Estimated Value
$3,254,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,104,638
Avg. Annual Appreciation
4.18%
Original Mortgage
$1,612,500
Outstanding Balance
$1,293,357
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,827,523

Purchase Details

Closed on
Aug 10, 2004
Sold by
Noyes and Alex
Bought by
Noyes and Alex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,992
Interest Rate
6.25%
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
Olowalu Limited Liability Company $2,150,000 --
Olowalu Limited Liability Company $2,150,000 --
Noyes -- --
Noyes -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olowalu Limited Liability Company $1,612,500
Closed Olowalu Limited Liability Company $1,612,500
Previous Owner Noyes $80,000
Previous Owner Noyes Alex $335,992
Previous Owner Noyes Alex $25,000
Previous Owner Noyes Alex $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2016 07/01/16 Sold $2,150,000 -4.4% $664 / Sq Ft
06/01/2016 06/01/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $2,250,000 -- $694 / 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 $7,779 $202,620 $51,780 $150,840
2024 $7,779 $203,820 $51,780 $152,040
2023 $7,800 $215,760 $51,780 $163,980
2022 $6,869 $224,040 $51,780 $172,260
2021 $7,160 $172,980 $51,780 $121,200
2020 $6,832 $184,860 $51,780 $133,080
2019 $6,752 $166,140 $51,780 $114,360
2018 $6,524 $32,006 $10,987 $21,019
2017 $6,159 $30,214 $11,411 $18,803
2016 $5,699 $28,507 $9,152 $19,355
2015 $3,438 $26,896 $12,935 $13,961
2014 $3,438 $26,896 $15,519 $11,377
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10061123

Real Estate Board of New York (REBNY)

APN: 01915-0003