NOT LISTED FOR SALE

292 Herkimer St Brooklyn, NY 11216

Bed-Stuy Neighborhood

Estimated Value: $1,545,011 - $1,835,000

5 Beds
4 Baths
2,268 Sq Ft
$753/Sq Ft Est. Value

Sale Details

Date Sold: July 1, 2019

Last sale price $1,350,000 $595 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $9,453 / mo

34 Days on Market

Highlights

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

About This Home

As of July 2019

A Rare Live/Invest Opportunity offering a high income producing rent roll or an excellent investment property at a 5%+ cap ratio- have your pick! Situated at the epicenter of much of the convenience Bed Stuy has to offer, steps to Restoration Plaza, a business center for the community and home to a host of banks, Super FoodTown, near to restaurants, cafes plus quick access to the A/C train, 292 Herkimer Street presents a smart choice for the discerning buyer. The 3-story, legal 3-family brownstone is set up as 1 (2.5) bed/ 1-bath, 1 (2) bed/ 1-bath and a garden convertible 2-bed/1-bath apartment with exclusive backyard access. The finished basement, currently used as added living and storage space, includes a half bath and laundry. Convert the basement to a laundry and storage center for tenants to maximize income.
Request a set-up sheet for more detail on Income and Expense. First Open House(s): Saturday, April 20th 1-2:30pm & Wednesday April 24th 6:30-7:30pm

Last Agent to Sell the Property

Shameika Wade

Compass License #10301210024 Listed on: 04/02/2019

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1901

Lot Details

  • Lot Dimensions are 18.0 x 83.0

Home Design

  • Pre War Building

Interior Spaces

  • 2,268 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Community Details

  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Legal Lot and Block 13 / 1869

Home Details

Home Type

Single Family

Year Built

Built in 1901

Lot Details

1,525 Sq Ft Lot

Listing Details

  • Cross Street: Brooklyn Avenue/Saint Andrews Place
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Bedford Stuyvesant
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Living Area: 2268.0
  • Living Area Units: Square Feet

Beds/Baths

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

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 18.0 x 83.0

Building Info

  • Total Stories: 2
  • Year Built: 1901

Tax Info

  • Tax Block: 1869
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2019
Closed on
Jul 1, 2019
Sold by
Mccowen Kecia
Bought by
Chee Weihui
Seller's Agent
Shameika Wade
Compass
List Price
$1,350,000
Sold Price
$1,350,000
Current Estimated Value
$1,708,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,753
Avg. Annual Appreciation
3.53%
Original Mortgage
$945,000
Outstanding Balance
$829,262
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$879,491

Purchase Details

Closed on
Oct 4, 2000
Sold by
Reo Asset Management Corp
Bought by
Mccowen Kecia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,875
Interest Rate
7.78%

Purchase Details

Closed on
Nov 12, 1999
Sold by
Fuseyamore Kevin
Bought by
Reo Asset Management Corp

Purchase Details

Closed on
Aug 7, 1998
Sold by
Fuseyamore Kevin
Bought by
Fuseyamore Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
6.89%
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
Chee Weihui $1,350,000 --
Mccowen Kecia L $252,500 --
Reo Asset Management Corp -- First American Title Ins Co
Fuseyamore Kevin $15,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chee Weihui $945,000
Previous Owner Mccowen Kecia L $239,875
Previous Owner Fuseyamore Kevin $101,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2019 07/01/19 Sold $1,350,000 0.0% $595 / Sq Ft
05/07/2019 05/07/19 Pending -- -- --
04/02/2019 04/02/19 For Sale $1,350,000 -- $595 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $3,972 $113,280 $18,420 $94,860
2024 $3,972 $93,840 $18,420 $75,420
2023 $3,972 $82,920 $18,420 $64,500
2022 $3,690 $79,620 $18,420 $61,200
2021 $3,672 $79,680 $18,420 $61,260
2019 $3,154 $74,700 $18,420 $56,280
2018 $3,025 $16,300 $5,819 $10,481
2017 $2,841 $15,405 $8,678 $6,727
2016 $2,596 $14,538 $11,047 $3,491
2015 $1,533 $14,529 $13,064 $1,465
2014 $1,533 $13,732 $10,495 $3,237
Source: Public Records

Agents Affiliated with this Home

  • Shameika Wade

    Seller's Agent in 2019

    Shameika Wade

    Compass

    (347) 328-3505

    2 in this area

    35 Total Sales

    Shameika Wade
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10538482

Real Estate Board of New York (REBNY)

APN: 01869-0013

New York Kings County Brooklyn 11216 Bed-Stuy

292 Herkimer St, Brooklyn, NY

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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

RLS Data display by Homes.com LLC

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