NOT LISTED FOR SALE

Estimated Value: $908,000 - $1,069,000

5 Beds
3.5 Baths
2,052 Sq Ft
$481/Sq Ft Est. Value

Last Sold December 07, 2021

Last sale price $949,000 $462 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,896/month

5 Days on Market

Highlights

  • Property is near public transit
  • 3-minute walk to Crescent Street
  • Forced Air Heating and Cooling System
  • Westridge Elementary School Rated A+
  • Park

About This Home

As of December 2021

Space, style & modern luxury come together at 289 Hemlock Street, a tastefully renovated 3 story 2 family townhouse nestled in the heart of bustling Cypress hills. Perfect opportunity for buyers looking for space, plus income generating rental property to assist with mortgage payments. Configured as a 3 bedroom 1.5 bath rental unit which can generate $2,500/month to assist with mortgage payments over a 2 bedroom garden unit, plus a high ceiling full finished basement with private street level entrance. Both units enjoy expansive sun drenched living/dining areas, beautiful chefs granite kitchens equipped with full sized stainless steel appliances, spacious bedrooms with ample closet space, fully tiled bathrooms and much more! Must see to appreciate. Hardwood flooring, recessed lighting, brand new electrical, heating, plumbing and central HVAC systems throughout. Prime location! Stones throw to transportation which makes commuting a breeze, historic Highland Park, schools and Fulton St!

Last Agent to Sell the Property

Gabriel Kashi

Keystone Realty USA Corp License #10401217533 Listed on: 09/15/2021

Last Buyer's Agent

Amy Kernaghan

Realty Direct NY INC License #10311206367

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,400

Year Built

  • Built in 1910 | Remodeled in 2021

Lot Details

  • 1,900 Sq Ft Lot
  • Lot Dimensions are 19x100
  • Two or More Common Walls

Home Design

  • Frame Construction
  • Stucco

Interior Spaces

  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms

Location

  • Property is near public transit

Schools

  • Ps 89 Cypress Hills Middle School
  • Perf Arts & Tech High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 14 / 4148
  • Assessor Parcel Number 04148-0014

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,400

Year Built

Built in 1910 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Property Condition: Mint
  • Year Built: 1910
  • New Construction: No
  • Year Built Effective: 2021
  • Attribution Contact: 631-261-2800
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2021

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Finished, Full
  • Total Bedrooms: 5
  • Kitchens: 2

Exterior Features

  • Construction Materials: Frame, Stucco
  • Flood Zone Report: No

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Ps 89 Cypress Hills

Lot Info

  • Lot Size Acres: 0.0400
  • Lot Dimensions: 19x100
  • Lot Size Sq Ft: 1900.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04148-0014
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2021-12-07
  • Tax Annual Amount: 8400.00
  • Tax Block: 4148
  • Tax Lot: 14
  • Tax Map Number: 04148-0014

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

MLS Schools

  • High School: Perf Arts & Tech High School
  • Middle School District: Brooklyn 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2021
Closed on
Dec 7, 2021
Sold by
289 Hemlock Llc
Bought by
Adams Corcho Imani
Seller's Agent
Gabriel Kashi
Keystone Realty USA Corp
Buyer's Agent
Amy Kernaghan
Realty Direct NY INC
List Price
$949,000
Sold Price
$949,000
Current Estimated Value
$987,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,643
Avg. Annual Appreciation
1.00%
Original Mortgage
$939,744
Outstanding Balance
$862,803
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$124,840

Purchase Details

Closed on
Sep 1, 2021
Sold by
Domb Eliana
Bought by
289 Hemlock Llc

Purchase Details

Closed on
Jul 10, 2020
Sold by
289 Hemlock Llc
Bought by
Domb Eliana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2017
Sold by
Alexander Ernest W
Bought by
289 Hemlock Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2011
Sold by
Alexander Penelope
Bought by
Alexander Ernest W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Adams Corcho Imani $949,000 --
289 Hemlock Llc -- --
Domb Eliana -- --
289 Hemlock Llc $400,000 --
Alexander Ernest W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Corcho Imani $939,744
Previous Owner Domb Eliana $203,000
Previous Owner 289 Hemlock Llc $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2021 12/07/21 Sold $949,000 0.0% $462 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $949,000 -- $462 / Sq Ft
Source: OneKey® MLS

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 $8,593 $45,420 $13,860 $31,560
2024 $8,593 $51,660 $13,860 $37,800
2023 $8,427 $57,780 $13,860 $43,920
2022 $8,025 $53,160 $13,860 $39,300
2021 $8,400 $50,280 $13,860 $36,420
2020 $3,007 $42,480 $13,860 $28,620
2019 $4,272 $42,480 $13,860 $28,620
2018 $3,944 $19,347 $8,155 $11,192
2017 $1,216 $18,270 $9,316 $8,954
2016 $1,181 $18,032 $7,815 $10,217
2015 $811 $18,014 $10,427 $7,587
2014 $811 $17,017 $10,564 $6,453
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3345504

OneKey® MLS

APN: 04148-0014