NOT LISTED FOR SALE

Estimated Value: $2,115,000 - $2,787,000

8 Beds
6 Baths
3,400 Sq Ft
$725/Sq Ft Est. Value

Last Sold April 14, 2014

Last sale price $1,600,888 $471 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $14,198/month

70 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 April 2014

This gorgeous museum quality two family brownstone is one of the most exquisite renovations on the market. Encompassing approximately 3400 square feet on 4 floors plus finished cellar, it is perfectly configured as an owner's triplex over a duplex rental. The triplex offers 6 bedrooms and 4.5 baths. The master bedroom suite has it's own mantle and overlooks the backyard. The parlor floor is a true showpiece with white oak herringbone floors, two magnificently restored mantles, original moldings, pocket doors, and restored pocket shutters. The chef's kitchen has Caesar stone counters and high end stainless steel appliances. Directly off the kitchen there is a large deck and stairs down to the huge backyard. The duplex rental is nearly 1200 square feet - it has a stainless steel kitchen, two bedrooms, and private back yard/ patio separated from the owner's yard. This unit will easily command $3000/ month in rental income. The level of finish in this home is simply unsurpassed. All rooms have separately zoned AC and heat, there is stunning Venetian plasterwork in the foyer and walls, beautiful basket weave tiles in all the bathrooms, and restorative carpentry throughout. Located in PRIME Bed Stuy on a tree lined historic block close to excellent shopping, dining (Seraghina, Peaches, Ms. Dalia's) and the A, C trains at Nostrand Avenue. Will be gone fast!

Last Agent to Sell the Property

Alexander Maroni

Douglas Elliman Real Estate License #10301201619 Listed on: 01/02/2014

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,514

Lot Details

  • 1,612

Home Design

  • Pre War Building

Interior Spaces

  • 3,400 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Community Details

  • 2 Units
  • Bed Stuy Subdivision

Listing and Financial Details

  • Tax Block 1840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,514

Lot Details

0

Listing Details

  • Cross Street: Tompkins Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: BED-STUY
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Living Area: 3400.0
  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Integer: 6
  • Bedrooms: 8

Building Info

  • Units: 2
  • Total Stories: 4

Tax Info

  • Tax Block: 1840

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2014
Closed on
Apr 11, 2014
Sold by
427 Tompkins Management Llc
Bought by
Libers Anna and Shapiro Andrew
Seller's Agent
Alexander Maroni
Douglas Elliman Real Estate
List Price
$1,599,000
Sold Price
$1,600,888
Premium/Discount to List
$1,888
0.12%
Current Estimated Value
$2,464,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$863,189
Avg. Annual Appreciation
3.85%
Original Mortgage
$1,250,000
Interest Rate
4.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2013
Sold by
Rodriguez Jose
Bought by
427 Tompkins Ave Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2005
Sold by
Richards Norma
Bought by
Rodriguez Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2004
Sold by
Coleman Herbert Timothy
Bought by
Richards Norma E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
6.2%

Purchase Details

Closed on
Jun 22, 2004
Sold by
As Sole Heir At Law & Sole Distributee O and Martin
Bought by
Herbert Timothy Coleman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
6.2%

Purchase Details

Closed on
Sep 25, 1997
Sold by
Martin Maceo J
Bought by
Martin Maceo J and Martin Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
7.26%
Mortgage Type
Purchase Money Mortgage
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
Libers Anna $1,600,888 --
Libers Anna $1,600,888 --
427 Tompkins Ave Management Llc $310,000 --
427 Tompkins Ave Management Llc $310,000 --
Rodriguez Jose $655,000 --
Rodriguez Jose $655,000 --
Richards Norma E -- --
Richards Norma E -- --
Herbert Timothy Coleman $540,000 --
Herbert Timothy Coleman $540,000 --
Martin Maceo J -- Commonwealth Land Title Ins
Martin Maceo J -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Libers Anna $6,082
Open Libers Anna $1,170,000
Closed Libers Anna $1,250,000
Previous Owner 427 Tompkins Ave Management Llc $480,000
Previous Owner Rodriguez Jose $98,250
Previous Owner Rodriguez Jose $524,000
Previous Owner Richards Norma E $432,000
Previous Owner Herbert Timothy Coleman $432,000
Previous Owner Martin Maceo J $116,000
Closed Richards Norma E $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2014 04/14/14 Sold $1,600,888 +0.1% $471 / Sq Ft
03/15/2014 03/15/14 Pending -- -- --
01/03/2014 01/03/14 For Sale $1,599,000 -- $470 / 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 $10,514 $134,220 $11,760 $122,460
2024 $10,514 $106,020 $11,760 $94,260
2023 $10,347 $130,080 $11,760 $118,320
2022 $9,906 $125,640 $11,760 $113,880
2021 $10,120 $97,020 $11,760 $85,260
2020 $4,746 $96,540 $11,760 $84,780
2019 $9,125 $96,600 $11,760 $84,840
2018 $8,655 $42,457 $4,220 $38,237
2017 $8,430 $41,353 $5,990 $35,363
2016 $8,058 $40,306 $6,834 $33,472
2015 $2,106 $25,306 $5,788 $19,518
2014 $2,106 $17,317 $5,043 $12,274
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10060875

Real Estate Board of New York (REBNY)

APN: 01840-0057