NOT LISTED FOR SALE

Estimated Value: $3,876,000 - $4,285,000

5 Beds
4 Baths
4,559 Sq Ft
$908/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $4,030,000 $884 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $24,670/month

181 Days on Market

Highlights

  • Central Air
  • P.S. 9 The Sarah Smith Garnet School Rated A
  • 3-minute walk to Grand Army Plaza

About This Home

As of March 2024

280 Park Place // 3 FAMILY

20 FEET WIDE

3 EXPOSURES

CAC in OWNERS DUPLEX

OWNERS DUPLEX is FLEX 3 BEDS & 2 RENOVATED BATHS

131 DEEP LOT with ENORMOUS LANDSCAPED GARDEN

DELIVERED VACANT

TWO MARKET RATE VACANT APARTMENTS

EXCELLENT CONDITION

STELLAR PROSPECT HEIGHTS LOCATION

CLOSE TO AMAZING PROVISIONS, TRANSPORTATION and PROSPECT PARK

280 Park Place is a stunning three-family home on arguably one the most beautiful blocks in Prospect Heights. The renovated and restored owners' duplex has a wonderful flow of rooms stretching for seventy-five feet. The 30' foot parlor connects to a handsome library with magnificent original details. Proceed to the dining room filled with natural light from a huge skylight in addition to windows on either side of the fireplace mantle. The renovated kitchen appointed with a suite of stainless appliances; lives in the extension of the parlor overlooking a south-facing garden of 1,000 square feet. This is truly one of the most elegant and gracious spaces for entertaining you can imagine. Also, you will find a large marble full bath discretely placed off a hallway.

The garden level of the duplex has also been meticulously restored with the original details, beautiful hardwood floors, mantles and built-ins. Two large bedrooms, a home office and a completely new bath provide a tranquil environment connecting to the immense garden. The duplex is also equipped with central air conditioning.

The upper two units of the Brownstone have been given the same careful attention as the owner's apartment and consist of two newly renovated oversized one-bedroom apartments with lovely turn of the century details with both updated kitchens and baths. Natural light, again, flows throughout the units, from light on three sides and a skylight in the kitchen on the top floor.

The outstanding features of this Brownstone include all new mechanical systems, a restored facade - landmarked approved - a new roof, and good basement storage. The entire restoration has been done in a way that allows for maximum flexibility of use. The two high-income units can be combined to provide additional space as a one- or two-family home.280 Park Place is conveniently located in the heart of vibrant Prospect Heights, close to Vanderbilt Ave's premier shops and restaurants. Prospect Park, the Brooklyn Museum, Brooklyn Botanic Gardens, and the Brooklyn Public Library are all at your fingertips. The 2/3/B/Q subway lines are readily accessible, including the newly updated Eastern Parkway-Brooklyn Museum stop with elevators.

Last Agent to Sell the Property

Jessica Buchman

Corcoran Group License #10301200330 Listed on: 10/02/2023

Corcoran Group

Co-Listed By

Bryan Rettaliata

Corcoran Group License #10401235373

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $16,596

Year Built

  • Built in 1899

Lot Details

  • 2,620 Sq Ft Lot
  • Lot Dimensions are 131.00x20.00

Interior Spaces

  • 4,559 Sq Ft Home
  • 3-Story Property
  • Decorative Fireplace
  • Laundry in unit

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Air

Community Details

  • 3 Units
  • Prospect Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 0014 / 01165

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$16,596

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property SubType: Townhouse
  • Property Type: Residential
  • Neighborhood: Prospect Heights
  • Entry Level: 1
  • Structure Type: Townhouse
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Fireplace Features: Decorative
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 4559.0
  • Living Area Units: Square Feet
  • Rooms (Total): 16
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: Other
  • View: No
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: In Unit
  • Green Building Features: Green Building
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 2620.0
  • Lot Size Dimensions: 131.00x20.00

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 3
  • Total Stories: 3
  • Year Built: 1899

Tax Info

  • Tax Block: 01165
  • Tax Lot: 0014
  • Tax Annual: 16596.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2023
Closed on
Mar 22, 2024
Sold by
Nancy J Goldfarb 2012 Revocable Trust and Nancy J Goldfarb Trustee
Bought by
Paikes Enterprises Inc
Seller's Agent
Jessica Buchman
Corcoran Group
List Price
$4,295,000
Sold Price
$4,030,000
Premium/Discount to List
-$265,000
-6.17%
Total Days on Market
181
Views
591
Current Estimated Value
$4,140,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,761
Avg. Annual Appreciation
2.27%

Purchase Details

Closed on
Mar 5, 2019
Sold by
Goldfarb Nancy J
Bought by
Goldfarb Nancy J T'Ee and Nancy J Goldfarb 2012 Revocable Trust

Purchase Details

Closed on
Jun 30, 2015
Sold by
Ayala Raquel
Bought by
Goldfarb Nancy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,307,500
Interest Rate
4.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 2011
Sold by
Enrique Pecou As Administrator and Estate Of Amelis Pecou
Bought by
Ayala Raquel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,129,250
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Paikes Enterprises Inc $4,030,000 --
Paikes Enterprises Inc $4,030,000 --
Goldfarb Nancy J T'Ee -- --
Goldfarb Nancy J T'Ee -- --
Goldfarb Nancy J $3,550,000 --
Goldfarb Nancy J $3,550,000 --
Ayala Raquel $1,450,000 --
Ayala Raquel $1,450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Goldfarb Nancy J $2,307,500
Previous Owner Ayala Raquel $150,000
Previous Owner Ayala Raquel $1,129,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $4,030,000 -6.2% $884 / Sq Ft
02/12/2024 02/12/24 Pending -- -- --
12/02/2023 12/02/23 For Sale $4,295,000 +6.6% $942 / Sq Ft
11/22/2023 11/22/23 Off Market $4,030,000 -- --
10/25/2023 10/25/23 Pending -- -- --
10/02/2023 10/02/23 Price Changed $4,295,000 +4294900.0% $942 / Sq Ft
08/14/2023 08/14/23 For Sale $100 -- $0 / 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
2024 $17,106 $289,080 $55,620 $233,460
2023 $16,598 $266,940 $55,620 $211,320
2022 $16,031 $218,460 $55,620 $162,840
2021 $15,944 $207,480 $55,620 $151,860
2020 $7,870 $251,580 $55,620 $195,960
2019 $14,847 $244,740 $55,620 $189,120
2018 $13,884 $68,107 $15,474 $52,633
2017 $13,642 $66,920 $15,598 $51,322
2016 $12,311 $63,133 $18,921 $44,212
2015 $6,621 $63,119 $28,377 $34,742
2014 $6,621 $53,090 $28,645 $24,445
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10942352

Real Estate Board of New York (REBNY)

APN: 01165-0014