NOT LISTED FOR SALE

Estimated Value: $1,935,880 - $2,609,000

3 Beds
2.5 Baths
2,433 Sq Ft
$897/Sq Ft Est. Value

Last Sold August 12, 2021

Last sale price $2,250,000 $925 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $12,078/month

34 Days on Market

Highlights

  • Pre War Building
  • Terrace
  • Building Terrace
  • Magnet School of Math Science & Design Technology Rated A
  • Intercom
  • 5-minute walk to Slope Park Playground

About This Home

As of August 2021

Nathanial Hawthorne's observation, "Sunlight is painting," comes to mind as we tour the sunlit interior of 278 22nd Street. Boasting a renovation inspired by art itself, this remarkable townhome is an expression of peace and tranquility, and is destined to capture your heart.

Located on a gorgeous block in the heart of Greenwood, this 20 foot wide townhouse is a rare find. The parlour floor's living, dining and kitchen area are ideal for entertaining. 10 foot ceilings, exposed beams and an open, skylit staircase create a light and airy feeling. A discreet and convenient powder room is accessible from the well-appointed eat-in kitchen, and the living room exits to a large deck. The parlour floor has one of the home's two wood burning fireplaces, making this a cozy retreat in cooler months.

The top floor of this extraordinary residence has two expansive bedrooms, each the width of the house, and each with three large windows. Two skylights, 9.5 foot ceilings and a stylishly renovated bathroom accentuate the subtle yet compelling drama of a property that clearly reflects the quiet contemplations of a thoughtful designer.

The garden level features a second wood burning fireplace, exposed wooden beams and a full bathroom with a marble shower and full body sprayers. This level has an additional flexible use room, which could easily function as a bedroom, and exits directly to a 20' x 52' back yard with a garden trellis, red and white Italian grape vines and space for virtually any use. A full cellar with impeccably maintained mechanicals and plenty of storage completes the picture.

With over 2400 square feet of living space, 278 22nd Street is configured as a single family residence, but could easily be reverted to a two family setup to generate rental income, and the ability to significantly expand the structure offers the next owner almost endless potential. Located minutes from the R train and countless shopping, dining and entertainment options, this special property will make your dreams come true.

Last Agent to Sell the Property

Tyson Lewis

Compass License #10301207986 Listed on: 11/09/2010

Compass

Co-Listed By

Alexandra Como Saghir

Compass License #10401287917

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,354

Year Built

  • Built in 1901

Lot Details

  • 2,004

Home Design

  • Pre War Building

Interior Spaces

  • 2,433 Sq Ft Home
  • 3-Story Property
  • Wood Burning Fireplace
  • Intercom

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Terrace
  • Lot Dimensions are 20.0 x 100.0

Community Details

  • South Slope Subdivision
  • Building Terrace

Listing and Financial Details

  • Legal Lot and Block 29 / 899

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,354

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Cross Street: 5th Avenue/6th Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: South Slope
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Equipment (Other): Intercom
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 2433.0
  • Living Area Units: Square Feet
  • Rooms (Total): 8

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 3

Exterior Features

  • Patio/Porch Features: Building Terrace, Terrace

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 20.0 x 100.0

Building Info

  • Total Stories: 3
  • Year Built: 1901

Tax Info

  • Tax Block: 899
  • Tax Lot: 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2010
Closed on
Aug 12, 2021
Sold by
Lindenmayer 2020 Family Trust
Bought by
Sussman Carl and Sussman Lori C
Seller's Agent
Tyson Lewis
Compass
List Price
$2,250,000
Sold Price
$2,250,000
Current Estimated Value
$2,183,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$66,780
Avg. Annual Appreciation
-1.80%
Original Mortgage
$1,800,000
Outstanding Balance
$1,641,432
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$447,322

Purchase Details

Closed on
Feb 24, 2020
Sold by
Lindenmayer Aristid E
Bought by
Lindenmayer 2020 Family Trust and Lindenmayer As Trustee Aristid E

Purchase Details

Closed on
Nov 28, 2011
Sold by
Costello Anna and Costello Mark
Bought by
Lindenmayer Aristid E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 1999
Sold by
Costello Mark
Bought by
Costello Mark and Costello Anna
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
Sussman Carl $2,250,000 --
Sussman Carl $2,250,000 --
Lindenmayer 2020 Family Trust -- --
Lindenmayer 2020 Family Trust -- --
Lindenmayer Aristid E $615,000 --
Lindenmayer Aristid E $615,000 --
Costello Mark -- Custom Title
Costello Mark -- Custom Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sussman Carl $1,800,000
Closed Sussman Carl $1,800,000
Previous Owner Lindenmayer Aristid E $100,000
Previous Owner Lindenmayer Aristid E $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2021 08/12/21 Sold $2,250,000 0.0% $925 / Sq Ft
06/08/2021 06/08/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $2,250,000 -- $925 / 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 $5,354 $102,420 $18,720 $83,700
2024 $5,354 $104,700 $18,720 $85,980
2023 $5,152 $127,140 $18,720 $108,420
2022 $4,806 $108,300 $18,720 $89,580
2021 $4,658 $92,280 $18,720 $73,560
2020 $2,313 $95,460 $18,720 $76,740
2019 $4,354 $87,120 $18,720 $68,400
2018 $4,012 $21,139 $6,576 $14,563
2017 $3,790 $20,062 $5,644 $14,418
2016 $3,611 $19,615 $5,113 $14,502
2015 $2,063 $19,606 $7,670 $11,936
2014 $2,063 $18,511 $8,692 $9,819
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10884401

Real Estate Board of New York (REBNY)

APN: 00899-0029