NOT LISTED FOR SALE

Estimated Value: $1,272,000 - $2,147,000

8 Beds
2 Baths
4,520 Sq Ft
$399/Sq Ft Est. Value

Last Sold June 18, 2018

Last sale price $1,665,000 $368 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $9,840/month

119 Days on Market

About This Home

As of June 2018

RARE! Spectacular and massive two-family corner mansion with English basement and two-car garage! Two sprawling three bedroom apartments totaling nearly 3,000 square feet are flooded with light (from three exposures); a roomy windowed galley kitchen has original cabinetry, dishwashers and vented stoves; large pre-war baths with separate walk-in shower; and an extra-large living room to accommodate the most oversized furniture. Each apartment has multiple hallway closets for additional storage. The windowed basement measures over 1,500 square feet and is accessed internally or from its own private entrance, and with 8-foot ceilings, options for usage are many. Conveniently located here are also a half bath, laundry and rear egress to a two-car garage. The building has been converted to gas, upgraded with 100 amp service with new electrical panels, an AO Smith hot water heater and steam heat from a Burnham boiler (both installed in 2013), and much of the wiring is new. A wide and welcoming front porch overlooks an enclosed front garden. The building faade has been very well maintained and boasts handsome Art Deco brickwork. Other original details that have remained intact are stained-glass transoms, tilework, coffered ceiling, white oak door and window frames, and herringbone oak floors. This property works incredibly well as either a large single residence, as rental income -- or both! Located at Buffalo Avenue and Lincoln Road in the historic Weeksville section of Crown Heights/Bed-Stuy, this building has much to love, and the smart buyer will understand its value for both near- and long-term investment.

Last Agent to Sell the Property

Judith Lief

Corcoran Group License #10301205377 Listed on: 01/19/2018

Corcoran Group

Co-Listed By

Michael Tannen

Corcoran Group License #10401287448

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 2 Bathrooms

Community Details

  • 2 Units
  • Crown Heights Subdivision

Listing and Financial Details

  • Tax Block 1393

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Cross Street: Lincoln Place/Eastern Parkway
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Crown Heights
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: MultiFamily

Beds/Baths

  • Bathrooms Integer: 2
  • Bedrooms: 8

Building Info

  • Units: 2
  • Year Built: 1930

Tax Info

  • Tax Block: 1393

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2024
Sold by
Byrne Clare and Giddings Thomas
Bought by
New Eliezer Dovid
Current Estimated Value
$1,804,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,462,305
Outstanding Balance
$1,444,040
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$360,296

Purchase Details

Listed on
Jan 19, 2018
Closed on
Jun 18, 2018
Sold by
Chumroonridhi Chardean and Cox Nigel
Bought by
Byrne Clare and Giddings Thomas
Seller's Agent
Judith Lief
Corcoran Group
List Price
$1,700,000
Sold Price
$1,665,000
Premium/Discount to List
-$35,000
-2.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.06%
Original Mortgage
$1,232,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2013
Sold by
Powlette Ceronne H and Powlette Herbert
Bought by
Chumroonridhi Chardean and Cox Nigel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
3.57%
Mortgage Type
New Conventional
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
New Eliezer Dovid $1,950,000 --
New Eliezer Dovid $1,950,000 --
Byrne Clare $1,540,000 --
Byrne Clare $1,540,000 --
Byrne Clare $1,540,000 --
Chumroonridhi Chardean $600,000 --
Chumroonridhi Chardean $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open New Eliezer Dovid $1,462,305
Closed New Eliezer Dovid $1,462,305
Previous Owner Byrne Clare $1,232,000
Previous Owner Chumroonridhi Chardean $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2018 06/18/18 Sold $1,665,000 -2.1% $368 / Sq Ft
05/19/2018 05/19/18 Pending -- -- --
01/19/2018 01/19/18 For Sale $1,700,000 -- $376 / 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 $5,526 $64,980 $29,280 $35,700
2024 $5,526 $60,720 $29,280 $31,440
2023 $5,275 $73,800 $29,280 $44,520
2022 $4,892 $60,480 $29,280 $31,200
2021 $4,870 $64,560 $29,280 $35,280
2020 $2,421 $55,140 $29,280 $25,860
2019 $4,797 $43,860 $29,280 $14,580
2018 $4,412 $21,644 $10,789 $10,855
2017 $4,163 $20,420 $10,523 $9,897
2016 $3,855 $19,286 $13,350 $5,936
2015 $2,323 $19,284 $11,180 $8,104
2014 $2,323 $19,108 $12,189 $6,919
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10058657

Real Estate Board of New York (REBNY)

APN: 01393-0011