NOT LISTED FOR SALE

29 Sutton St Brooklyn, NY 11222

Greenpoint Neighborhood

Estimated Value: $1,790,000 - $3,035,000

6 Beds
3 Baths
3,400 Sq Ft
$672/Sq Ft Est. Value

Last Sold November 26, 2018

Last sale price $1,175,000 $346 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $12,667/month

101 Days on Market

About This Home

As of November 2018

Located on a beautiful tree-lined street in a desirable section of Greenpoint, with quick access to the city. Greenpoint is a hip neighborhood in Brooklyn that draws the crowd to its chic boutiques, street art, trendy cafes, food markets, busy restaurants & repurposed factories. Steps to hot developments, walking distance to the Nassau G or Graham L train stations, and in close proximity to the charming McGolrick Park. House needs a FULL gut renovation. There was a water leak so some mold conditions exist within the house on lower floors. Upper floors were not effected. However, buyers entering to view will need to wear a mask. Delivered vacant. According to PropertyShark, 29 Sutton Street is 2,337sf as built, but can be built out to 3,400sfBuilding: 17 x 50 ftLot 17 x 100 ftZoning R6BFAR: 1.37; MAX FAR: 2Taxes: $3,863/Yr

Last Agent to Sell the Property

Joshua Sloyer

Sloyer Real Estate Corp License #10991240058 Listed on: 07/16/2018

Property Details

Home Type

  • Multi-Family

Lot Details

  • Garden

Home Design

Interior Spaces

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

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Community Details

  • 2 Units
  • Greenpt Subdivision

Listing and Financial Details

  • Tax Block 2689

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Cross Street: Nassau Ave & Driggs Ave
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: GREENPT
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

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

Beds/Baths

  • Bathrooms Integer: 3
  • Bedrooms: 6

Exterior Features

  • Exterior Features: Garden

Garage/Parking

  • Garage: No

Building Info

  • Units: 2
  • Total Stories: 3

Tax Info

  • Tax Block: 2689

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2020
Sold by
Ravi 3151 Llc
Bought by
Mcelligott Debra and Sinclair Cullen
Current Estimated Value
$2,286,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,159,760
Outstanding Balance
$1,917,490
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$368,736

Purchase Details

Listed on
Jul 16, 2018
Closed on
Nov 20, 2018
Sold by
Antonia Ahmad As Trustee and Rose J Gaba Revocable Trust
Bought by
Ravi 3151 Llc
Seller's Agent
Joshua Sloyer
Sloyer Real Estate Corp
List Price
$1,400,000
Sold Price
$1,175,000
Premium/Discount to List
-$225,000
-16.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.81%

Purchase Details

Closed on
Aug 31, 1998
Sold by
Gaba Rose J
Bought by
The Rose J Gaba Revocable Trust
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
Mcelligott Debra $2,400,000 --
Mcelligott Debra $2,400,000 --
Mcelligott Debra $2,400,000 --
Ravi 3151 Llc $1,175,000 --
Ravi 3151 Llc $1,175,000 --
Ravi 3151 Llc $1,175,000 --
The Rose J Gaba Revocable Trust -- Chicago Title
The Rose J Gaba Revocable Trust -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcelligott Debra $2,159,760
Closed Mcelligott Debra $2,159,760
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2018 11/26/18 Sold $1,175,000 -16.1% $346 / Sq Ft
10/27/2018 10/27/18 Pending -- -- --
07/17/2018 07/17/18 For Sale $1,400,000 -- $412 / 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 $8,690 $143,100 $40,800 $102,300
2024 $8,690 $113,040 $40,800 $72,240
2023 $8,525 $105,720 $40,800 $64,920
2022 $6,209 $108,660 $40,800 $67,860
2021 $8,419 $119,160 $40,800 $78,360
2020 $3,829 $98,580 $13,680 $84,900
2019 $4,213 $98,580 $13,680 $84,900
2018 $3,869 $22,213 $3,597 $18,616
2017 $3,797 $21,795 $3,742 $18,053
2016 $1,435 $20,571 $4,718 $15,853
2015 $801 $20,551 $6,729 $13,822
2014 $801 $19,407 $6,170 $13,237
Source: Public Records

Agents Affiliated with this Home

  • Joshua Sloyer

    Seller's Agent in 2018

    Joshua Sloyer

    Sloyer Real Estate Corp

    (212) 960-3437

    30 Total Sales

    Joshua Sloyer
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10427456

Real Estate Board of New York (REBNY)

APN: 02689-0043

New York Kings County Brooklyn 11222 Greenpoint

29 Sutton St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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