NOT LISTED FOR SALE

Estimated Value: $5,013,000 - $6,239,000

5 Beds
4 Baths
4,394 Sq Ft
$1,293/Sq Ft Est. Value

Sale Details

Date Sold: August 1, 2018

Last sale price $4,250,000 $967 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $32,332 / mo

37 Days on Market

Highlights

  • Garden
  • Central Air
  • 3-minute walk to Hoyt Street-Schermerhorn Street

About This Home

As of August 2018

277 State Street -- at the crossroads of Brooklyn Heights and Boerum Hill -- is a remarkable five story, modern, bright townhouse with five bedrooms, four bathrooms, a media room and home gym, and expansive sun-lit entertaining spaces. Built in 2007 as one of the award winning 14 Townhouses, this home has been beautifully maintained and has received some wonderful updates. The facade of the home is red brick with cast stone and charcoal brick accents, and in its over 4,000square feet combines dramatic, double-height entertaining space in an open plan layout with gracious family quarters. Daylight floods the interior through 9 foot south facing windows, a 20 foot north facing glass wall, and an 8 foot wide skylight above a custom wood and steel stair. Entering through the garden level, there is a stone floor entrance and spacious coat closet, a full bathroom and south-facing study or guest room. Most of this garden level is devoted to the amazing huge Bulthaup kitchen, with a gorgeous honed Basaltina island, five burner Bosch range, two wall ovens, and a tremendous amount of storage. Adjacent to the kitchen, the dining room faces the garden with a double height wall of glass, and the 20 foot ceiling rising above. Sliding glass doors connect the landscaped backyard with the kitchen and dining room for outdoor dining and entertaining. Upstairs, the parlor floor is a gracious, open space with two seating areas, a modern wood burning fireplace, and a glass railing overlooking the dining room below and garden. Two bedrooms, two bathrooms (one en-suite) and a large laundry area are on the third floor. All bedrooms occupy either the south or north end of the home, with a bright wall of windows across the width. The master suite occupies the fourth floor, with an additional bedroom at the south side. A dressing area from the bedroom leads to the master bath, with its deep soaking tub and double vanity and Carrara marble throughout. The fifth floor is a multi-purpose penthouse room framed with walls of glass, with a huge skylight drawing light into the entire house, and two large terraces offering fantastic indoor/outdoor entertaining spaces. The basement, with nearly 9-foot ceilings, has been finished into an incredibly functional space, with a media room designed with modern bunk beds for kids or overflow guests, tons of built-in storage, and a separate home gym.This historic block of State Street is an incredibly convenient location, near all major subway lines at Borough Hall and Jay Street/Metrotech, highly regarded restaurants and shops including Brooklyn Fare and Dekalb Market Hall, and all the new shopping, entertainment and dining destinations at City Point.

Last Agent to Sell the Property

James Cornell

Corcoran Group License #30CO0781622 Listed on: 05/25/2018

Corcoran Group

Co-Listed By

Leslie Marshall

Corcoran Group License #30MA1045304

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Home Design

  • 4,394 Sq Ft Home
  • Entry on the 5th floor

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Garden
  • Central Air

Community Details

  • Boerum Hill Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Smith and Hoyt
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Boerum Hill
  • Entry Level: 5
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Features: Separate/Formal Dining Room
  • Living Area: 4394.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 4
  • Bathrooms Integer: 4
  • Bedrooms: 5

Exterior Features

  • Exterior Features: Garden
  • Patio/Porch Features: Rooftop

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Building Info

  • Building Name: 14Townhouses
  • Units: 1
  • Year Built: 2005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2018
Closed on
Aug 1, 2018
Sold by
Breckenridge As Trustee Jonathan E and Crain As Trustee Elizabeth A
Bought by
277 State Llc
Seller's Agent
James Cornell
Corcoran Group
List Price
$4,250,000
Sold Price
$4,250,000
Current Estimated Value
$5,679,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,429,368
Avg. Annual Appreciation
3.84%

Purchase Details

Closed on
May 2, 2018
Sold by
Breckenridge Jonathan E and Crain Elizabeth A
Bought by
Breckenridge Jonathan E and Crain Elizabeth A

Purchase Details

Closed on
Apr 2, 2007
Sold by
Hs Townhouse Development Partners Llc
Bought by
Breckenridge Jonathan E and Crain Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.24%
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
277 State Llc $4,060,000 --
277 State Llc $4,060,000 --
Breckenridge Jonathan E -- --
Breckenridge Jonathan E -- --
Breckenridge Jonathan E $2,660,000 --
Breckenridge Jonathan E $2,660,000 --
Breckenridge Jonathan E $2,660,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Breckenridge Jonathan E $0
Previous Owner Breckenridge Jonathan E $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2018 08/01/18 Sold $4,250,000 0.0% $967 / Sq Ft
07/02/2018 07/02/18 Pending -- -- --
05/25/2018 05/25/18 For Sale $4,250,000 -- $967 / 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 $24,158 $399,840 $29,520 $370,320
2024 $24,158 $315,840 $29,520 $286,320
2023 $23,045 $326,520 $29,520 $297,000
2022 $10,685 $290,100 $29,520 $260,580
2021 $22,529 $279,420 $29,520 $249,900
2020 $11,115 $314,520 $29,520 $285,000
2019 $20,968 $347,820 $29,520 $318,300
2018 $19,276 $94,560 $9,999 $84,561
2017 $18,185 $89,208 $8,926 $80,282
2016 $17,834 $89,208 $11,817 $77,391
2015 $6,636 $88,539 $16,981 $71,558
2014 $6,636 $83,528 $19,222 $64,306
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10030689

Real Estate Board of New York (REBNY)

APN: 00170-0054

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