NOT LISTED FOR SALE

Estimated Value: $1,640,000 - $2,869,000

7 Beds
4 Baths
-- Sq Ft
1899 Built

Last Sold February 06, 2019

Last sale price $2,265,000

Est. 4% increase in value since last sale

Current estimated payment $13,064/month

101 Days on Market

Highlights

  • Pre War Building
  • 4-minute walk to Kingston-Throop Avenues
  • 4-minute walk to Potomac Playground

About This Home

As of February 2019

Welcome to 285 Macon Street - the perfect living or investment opportunity. This four-story elegant brownstone was fully renovated five years ago. It now features modern kitchens, sleek bathrooms, central air for each unit and a laundry and storage room. The interiors boast beautifully restored details, such as exposed brick and ductwork, original door frames and hardwood floors. Situated on a picturesque, tree-lined block, this area was recently included in an expansion of the Stuyvesant Heights Historic District in April of 2013. It is known for it's quintessential Brooklyn charm. The ground level unit is a large three bedroom, two bathroom duplex with private garden access. The third floor unit features two bedrooms currently rented at market rate, while the forth floor unit features three bedrooms and a private roof deck rented at market rate as well.This building is located less than a quarter mile to the C Train at Kingston Throop and is also in close proximity to the A Train at Nostrand Ave. The area is home to many cafes, bars, gyms, chic restaurants and other shopping.

Last Agent to Sell the Property

Daniel Cohen

Corcoran Group License #10401261296 Listed on: 09/27/2018

Corcoran Group

Co-Listed By

Andrew Schwartz

Corcoran Group License #10401306188

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1899

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Additional Features

  • 3-Story Property
  • Lot Dimensions are 100.0 x 20.0

Community Details

  • 2 Units
  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Tax Block 1847

Property Details

Home Type

Multi-Family

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Cross Street: Throop Avenue & Tompkins Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Bedford - Stuyvesant
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Beds/Baths

  • Bathrooms Integer: 4
  • Bedrooms: 7

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 100.0 x 20.0

Building Info

  • Units: 2
  • Total Stories: 3
  • Year Built: 1899

Tax Info

  • Tax Block: 1847

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2018
Closed on
Feb 6, 2019
Sold by
285 Macon Llc
Bought by
285 Macon Street Llc
Seller's Agent
Daniel Cohen
Corcoran Group
List Price
$2,495,000
Sold Price
$2,265,000
Premium/Discount to List
-$230,000
-9.22%
Current Estimated Value
$2,364,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,308
Avg. Annual Appreciation
0.62%
Original Mortgage
$1,359,000
Outstanding Balance
$1,192,399
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,171,909

Purchase Details

Closed on
Mar 27, 2013
Sold by
Body-Lawson Elizabeth
Bought by
285 Macon Llc

Purchase Details

Closed on
Feb 19, 2002
Sold by
Lahijani Bijan
Bought by
Lawson Elizabeth Body

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2000
Sold by
White Brenda and Gayle Martha
Bought by
Lahijani Bijan

Purchase Details

Closed on
May 1, 1998
Sold by
Gayle Martha
Bought by
Country Enterprises Ltd
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
285 Macon Street Llc $2,265,000 --
285 Macon Llc $785,000 --
Lawson Elizabeth Body -- --
Lahijani Bijan $120,000 --
White Brenda -- --
Country Enterprises Ltd $20,000 Stewart Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 285 Macon Street Llc $1,359,000
Previous Owner Lawson Elizabeth Body $324,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2019 02/06/19 Sold $2,265,000 -9.2% --
01/07/2019 01/07/19 Pending -- -- --
09/27/2018 09/27/18 For Sale $2,495,000 -- --
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 $9,427 $127,440 $18,720 $108,720
2024 $9,427 $123,240 $18,720 $104,520
2023 $9,227 $108,900 $18,720 $90,180
2022 $8,783 $119,340 $18,720 $100,620
2021 $8,972 $117,720 $18,720 $99,000
2020 $4,337 $103,920 $18,720 $85,200
2019 $8,182 $83,880 $18,720 $65,160
2018 $7,718 $37,860 $6,685 $31,175
2017 $7,474 $36,665 $8,248 $28,417
2016 $7,102 $35,528 $9,968 $25,560
2015 $2,293 $35,520 $10,340 $25,180
2014 $2,293 $18,835 $7,951 $10,884
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10509056

Real Estate Board of New York (REBNY)

APN: 01847-0069