NOT LISTED FOR SALE

Estimated Value: $2,816,000 - $3,712,000

4 Beds
4 Baths
3,084 Sq Ft
$1,089/Sq Ft Est. Value

Last Sold January 25, 2024

Last sale price $3,447,500 $1,118 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $18,800/month

84 Days on Market

Highlights

  • 1 Fireplace
  • P.S. 9 The Sarah Smith Garnet School Rated A
  • 5-minute walk to Grand Army Plaza

About This Home

As of January 2024

307 Park Place is a 4 story brownstone gracefully situated on an oversized 131-foot lot on one of Prospect Heights' most picturesque streets. This impressive 3-family townhouse is comprised of a lower duplex and two apartments above. The property is perfect for the discerning end user, with the added bonus of generating rental income from 2 units or rent out all 3 for the ultimate investment.

The lower duplex exudes charm with its original living room details, beautiful hardwood floors, a fireplace mantle, and a serene extra deep garden. A convenient walk-in bathroom adds to the allure of the lower level. Ascending the stairs to the parlor level are two generously sized bedrooms with lofty ceilings along with a home office. The second bathroom adjoining one of the bedrooms features retro pink and green tiles.

Apartment 2 is a spacious and renovated one-bedroom with an open living and dining area. The unit is equipped with sleek stainless steel appliances and a striking exposed brick wall. Apartment 3 is a charming and expansive studio, uniquely designed with a distinguished living room and dining area at the front and creative built-in sleeping loft and storage to optimize the available space in the back. These two high-income units can be effortlessly combined to create extra living space, offering versatile living arrangements as either a one- or two-family dwelling.

Ideally situated in the vibrant heart of Prospect Heights, 307 Park Place provides convenient access to the upscale shops and dining establishments of Vanderbilt Avenue. Moreover, the treasures of Prospect Park, the Brooklyn Museum, Brooklyn Botanic Gardens, and the Brooklyn Public Library are all within easy reach. Access to the 2/3/B/Q subway lines further enhances the accessibility of this exceptional property.

Last Agent to Sell the Property

Jackie Torren

Corcoran Group License #10401256884 Listed on: 09/21/2023

Corcoran Group

Co-Listed By

Charlie Pigott

Corcoran Group License #10301210078

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,456

Year Built

  • Built in 1910

Lot Details

  • 2,336 Sq Ft Lot
  • Lot Dimensions are 131.00x17.83

Interior Spaces

  • 3-Story Property
  • 1 Fireplace
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • No Cooling

Community Details

  • 3 Units
  • Prospect Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 0072 / 01159

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,456

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property SubType: Townhouse
  • Property Type: Residential
  • Neighborhood: Prospect Heights
  • Entry Level: 1
  • Structure Type: Townhouse
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Fireplace Features: Other
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area Units: Square Feet
  • Rooms (Total): 8
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: Other
  • View: No
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: In Unit
  • Green Building Features: Green Building
  • Cooling: No

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 2335.73
  • Lot Size Dimensions: 131.00x17.83

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 3
  • Total Stories: 3
  • Year Built: 1910

Tax Info

  • Tax Block: 01159
  • Tax Lot: 0072
  • Tax Annual: 6456.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2023
Closed on
Jan 25, 2024
Sold by
Foxx Jeffrey Jay
Bought by
Brown Susan and Lynch Thomas A
Seller's Agent
Jackie Torren
Corcoran Group
List Price
$3,750,000
Sold Price
$3,447,500
Premium/Discount to List
-$302,500
-8.07%
Total Days on Market
84
Views
73
Current Estimated Value
$3,358,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$88,553
Avg. Annual Appreciation
-2.47%

Purchase Details

Closed on
Sep 19, 1984
Sold by
Foxx Philip H
Bought by
Foxx Jeffrey Jay
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
Brown Susan $3,447,500 --
Brown Susan $3,447,500 --
Foxx Jeffrey Jay -- --
Foxx Jeffrey Jay -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2024 01/25/24 Sold $3,447,500 -1.5% $1,118 / Sq Ft
12/15/2023 12/15/23 Pending -- -- --
12/14/2023 12/14/23 Off Market $3,500,000 -- --
10/12/2023 10/12/23 Price Changed $3,500,000 -6.7% $1,135 / Sq Ft
09/21/2023 09/21/23 For Sale $3,750,000 -- $1,216 / 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 $5,972 $183,720 $44,220 $139,500
2024 $5,972 $199,620 $44,220 $155,400
2023 $2,572 $205,560 $44,220 $161,340
2022 $2,183 $168,240 $44,220 $124,020
2021 $2,490 $183,720 $44,220 $139,500
2020 $2,490 $161,220 $44,220 $117,000
2019 $5,187 $161,220 $44,220 $117,000
2018 $2,043 $26,512 $7,113 $19,399
2017 $1,910 $25,081 $6,153 $18,928
2016 $4,142 $25,081 $6,623 $18,458
2015 $5,268 $24,657 $9,076 $15,581
2014 $5,268 $23,288 $10,287 $13,001
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10929231

Real Estate Board of New York (REBNY)

APN: 01159-0072