NOT LISTED FOR SALE

Estimated Value: $1,127,479 - $1,616,000

5 Beds
2.5 Baths
3,480 Sq Ft
2,004 Sq Ft Lot

Last Sold September 04, 2020

Last sale price $1,360,000 $391 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $7,458/month

58 Days on Market

Highlights

  • City View
  • Patio
  • 3-minute walk to Irving Square Park
  • Building Patio
  • Garden

About This Home

As of September 2020

Welcome home to your solar-powered, modern 2-family with stunning, barrel-front, brick exterior. This gut-renovated house is centered on the most beautiful block in Bushwick, complete with century-old brick row houses and lined with majestic London Plane Trees.

Showings are available by appointment. Adhering to strict guidelines, group size will be limited and masks are required.

House is 20 ft wide and 58 ft deep, significantly deeper than most Brooklyn homes, affording plenty of room for floor-through apartments. Each apartment is a spacious 1010 sf. The open plan gourmet kitchen, dining area, and living room is loft-like at nearly 40 x 13 ft! Sunlight streams through double paned 6 foot windows. Upstairs apartment features 11 ft ceilings, bathroom skylight, and additional small room.

English basement is finished, livable, flexible space with pantry, half bath, laundry, large closets, heat, AC, and windows and doors in front and rear. Useful as a duplex floor, shared rec space, or rentable art studio for additional income. Dark room has water access and exhaust fan, with potential for many other uses.

Let this house work for you. Solar array covers 100% of electric use, even when AC and hot tub are running! Efficient appliances and ductless AC ensure kilowatt hours are put to good use. Smart doorbell, smart thermostats, smart AC, and smart washer, and smart dryer simplify chores. Most importantly, live in either apartment without sacrificing potential rental income because both apartments are equally spacious and well configured. Upstairs unit will conservatively earn $3500 and downstairs, $3000 a month.

Lot is 100 ft deep, allowing for large, private backyard of 40 ft x 20 ft, featuring 4-person hot tub, 20 ft x 12 ft deck, and established, drought-tolerant garden. Plants include magnolia tree, dogwood, lilac, rose bush, daffodils, iris, peonies, and ornamental grasses.

Located fewer than two blocks to the newly renovated L Train at Halsey Street and a short walk to the M Train, you are a quick ride to Manhattan. However, you may never want to leave the neighborhood: half a block to Irving Square Park and playground, close to three brewery-taprooms (Queens Brewery, Evil Twin Brewing, and Bridge and Tunnel Brewery), and many well-reviewed restaurants like Houdini's Kitchen Laboratory, Habanero, Fazio's, Father Knows Best, Nowadays, and Halsey Ale House. Don't even get us started on the coffee shops and bakeries.

Details:

--Owner occupied. Delivered vacant.

--Electricity bill is $0.

--27 solar panels (8.1 kW) produce enough electricity annually (8,910 kWh) to cover annual house electrical usage. Installed 2016. Owned, not leased. Cost $52,650.

--Solar array is roof-mounted on a 10 foot tall aluminum canopy

--NEW ductless AC, blissfully silent and powerful

--NEW quartz countertops in both kitchens with 10 year warranties

--NEW herringbone pavers out front

--NEW smart washer, NEW dryer, NEW stove, NEW dishwasher

--Annual expenses for gas, water, and electricity, is ONLY $2,750 or $229 a month

--Annual property taxes are $3,784.92 or $315.41 a month

--Street tree guard from a local artist

--Basement has a pantry and half bath

Last Agent to Sell the Property

Nick Oliver

Hauseit LLC License #10491209845 Listed on: 05/25/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,361

Lot Details

  • 2,004

Home Design

  • Loft

Interior Spaces

  • 3,480 Sq Ft Home
  • City Views

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Patio
  • Garden

Community Details

Overview

  • 2 Units
  • Bushwick Subdivision

Amenities

  • Building Patio

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,361

Lot Details

0

Listing Details

  • Cross Street: Knickerbocker Ave.
  • Property SubType: Loft
  • Property Type: Residential
  • Neighborhood: Bushwick
  • Architectural Style: Loft
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 3480.0
  • Living Area Units: Square Feet
  • Rooms (Total): 7

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 5

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Garden
  • Patio/Porch Features: Building Patio, Patio

Garage/Parking

  • Garage: No

Building Info

  • Units: 2

Tax Info

  • Tax Block: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2020
Closed on
Sep 1, 2020
Sold by
Sutton Roberta
Bought by
Foskett Cecilia and Hurowitz Kate
Seller's Agent
Nick Oliver
Hauseit LLC
List Price
$1,360,000
Sold Price
$1,360,000
Current Estimated Value
$1,342,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,880
Avg. Annual Appreciation
-0.26%
Original Mortgage
$460,000
Outstanding Balance
$408,220
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$933,900

Purchase Details

Closed on
Jul 17, 2012
Sold by
631 Ashford Corp
Bought by
Sutton Roberta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2011
Sold by
Mckrieth Supplemental Needs Trust and Roderick Mckrieth Trustee
Bought by
631 Ashford Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2008
Sold by
Mckrieth Vernon
Bought by
Mckreith Supplemental Needs Trust and Mckrieth Trustee Roderick
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
Foskett Cecilia $1,360,000 --
Sutton Roberta $605,000 --
631 Ashford Corp $255,000 --
Mckreith Supplemental Needs Trust -- --
Mckrieth Vernon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foskett Cecilia $460,000
Previous Owner Sutton Roberta $480,000
Previous Owner 631 Ashford Corp $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2020 09/04/20 Sold $1,360,000 0.0% $391 / Sq Ft
07/23/2020 07/23/20 Pending -- -- --
05/25/2020 05/25/20 For Sale $1,360,000 -- $391 / 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 $4,361 $66,600 $11,580 $55,020
2024 $4,361 $73,500 $11,580 $61,920
2023 $4,162 $64,980 $11,580 $53,400
2022 $3,862 $69,600 $11,580 $58,020
2021 $3,845 $56,760 $11,580 $45,180
2020 $1,488 $58,320 $11,580 $46,740
2019 $1,143 $58,320 $11,580 $46,740
2018 $3,183 $17,076 $3,329 $13,747
2017 $2,987 $16,123 $3,371 $12,752
2016 $2,423 $15,225 $4,296 $10,929
2015 $1,396 $15,225 $4,687 $10,538
2014 $1,396 $15,078 $4,087 $10,991
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10633609

Real Estate Board of New York (REBNY)

APN: 03406-0027