NOT LISTED FOR SALE

Estimated Value: $1,981,000 - $2,560,000

7 Beds
4 Baths
3,432 Sq Ft
$634/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $1,250,000 $364 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $12,009/month

Highlights

  • Wood Flooring
  • 4-minute walk to Prospect Park (B,Q,S Line)
  • Window Unit Cooling System
  • Fenced Yard
  • Back, Front, and Side Yard
  • 4-minute walk to Prospect Park

About This Home

As of April 2021

Semi-Detached Brick 4 Family property in the desirable Prospect Lefferts Garden neighborhood. Setup as 3 (two) bedrooms/1 bath apartments and a 1 bedroom/1 bath apt each with a living room, galley kitchen, dining area and full bathroom. Has a Finished basement with extra living space, bathroom and lots of storage, laundry area, also has a nice sized fenced backyard.

A perfect investment opportunity for a Developer or buyer who wants to live and earn rental income. Property needs some updating but offers loads of potential. "Will be sold As IS" the boiler, hot water unit and roof are only 4 years old.

Located in an extremely convenient location, close proximity to the Q,B,2,5 Train lines and MTA Buses offering a fast commute to Manhattan. A short distance from Prospect Park, Brooklyn Botanical Garden, Prospect Park Zoo and the Brooklyn Museum. Surrounded by cafes, restaurants, bars, bakeries and other shopping. This property will be delivered Vacant. Don't miss this great opportunity !!!!
***Title Report Shows Legal 4 Family on the Cert Of Occupancy***

Last Agent to Sell the Property

Lana Headley

RE/MAX Real Estate Professionals License #10301207675 Listed on: 10/19/2020

RE/MAX Real Estate Professionals

Last Buyer's Agent

Lana Headley

RE/MAX Real Estate Professionals License #10301207675 Listed on: 10/19/2020

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,600

Year Built

  • Built in 1925

Lot Details

  • 2,665 Sq Ft Lot
  • Lot Dimensions are 102 x 26
  • Fenced Yard
  • Back, Front, and Side Yard
  • Garden

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 3,432 Sq Ft Home
  • 2-Story Property
  • Stove

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Window Unit Cooling System
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 1327

Community Details

Building Details

  • Fuel Expense $5,000
  • Insurance Expense $2,800

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,600

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Basement Amenities: Full, Semi-Finished, Separate Entrance
  • Total Bathrooms: 4.00
  • Baths Total Level1: 2.00
  • Baths Total Level2: 2.00
  • Borough: Brooklyn
  • Building Length: 78.00
  • Building Width: 22.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Bedford Ave
  • Cross Street Name2: Washington Ave
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 4
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Window, Laundry Area, Patio Garden, Refrigerator, Stove
  • Fill Sq Ft Total: 3432
  • Building Stories: 2
  • Street Name I D X: Lefferts
  • Building Style: Other
  • Waterfront Present: No
  • Year Built: 1925
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 4
  • Total Bedrooms: 7
  • Flooring: Ceramic, Hardwood, Laminate, Tile
  • Lot Sq Ft: 2665

Exterior Features

  • Yard: Back, Front, Side, Fenced - Full
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 12
  • Roof: Flat

Utilities

  • Air Conditioning Units: 1
  • Electric: 110 V, Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 5000.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 102
  • Lot Size Width: 26
  • Zoning: R5

Multi Family

  • Insurance Expense: 2800.00
  • Unit Count: 4

Tax Info

  • Flip Tax Amount: 6600.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2023
Sold by
Townhouse Rental Ii Llc
Bought by
Townhouse Rental Llc
Current Estimated Value
$2,174,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,787,036
Outstanding Balance
$36,695,839
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$34,520,980

Purchase Details

Closed on
Apr 5, 2023
Sold by
30 Lefferts Llc
Bought by
Townhouse Rental Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,787,036
Outstanding Balance
$36,695,839
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$34,520,980

Purchase Details

Listed on
Oct 19, 2020
Closed on
Apr 30, 2021
Sold by
Cooper Julia
Bought by
Wilhem Menachem
Seller's Agent
Lana Headley
RE/MAX Real Estate Professionals
Buyer's Agent
Lana Headley
RE/MAX Real Estate Professionals
Sold Price
$1,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.56%
Original Mortgage
$937,500
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 2, 2012
Sold by
Archibald Cooper Deceased and Archibald Cooper Cooper
Bought by
Cooper Julia

Purchase Details

Closed on
Jun 1, 2000
Sold by
Cooper Archibald
Bought by
Cooper Archibald and Cooper Julia
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
Townhouse Rental Llc -- --
Townhouse Rental Llc -- --
Townhouse Rental Llc -- --
Townhouse Rental Ii Llc $2,470,000 --
Townhouse Rental Ii Llc $2,470,000 --
30 Lefferts Llc -- --
Townhouse Rental Ii Llc $2,470,000 --
30 Lefferts Llc -- --
Wilhem Menachem $1,250,000 --
Wilhem Menachem $1,250,000 --
Wilhem Menachem $1,250,000 --
Cooper Julia -- --
Cooper Julia -- --
Cooper Archibald -- Chicago Title Insurance Co
Cooper Archibald -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Townhouse Rental Llc $37,787,036
Closed Townhouse Rental Llc $37,787,036
Previous Owner Wilhem Menachem $937,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2021 04/30/21 Sold $1,250,000 -- $364 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $7,771 $110,220 $27,180 $83,040
2024 $7,771 $105,360 $27,180 $78,180
2023 $7,413 $93,120 $27,180 $65,940
2022 $6,874 $89,220 $27,180 $62,040
2021 $6,951 $97,860 $27,180 $70,680
2020 $6,996 $118,680 $27,180 $91,500
2019 $6,452 $94,380 $27,180 $67,200
2018 $5,903 $30,417 $6,934 $23,483
2017 $5,550 $28,696 $7,970 $20,726
2016 $5,427 $28,696 $10,526 $18,170
2015 $3,045 $27,702 $12,287 $15,415
2014 $3,045 $26,868 $11,114 $15,754
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 444706

Brooklyn Board of REALTORS®

APN: 01327-0012