NOT LISTED FOR SALE

Estimated Value: $2,952,000 - $3,413,000

4 Beds
2 Baths
2,348 Sq Ft
$1,334/Sq Ft Est. Value

Last Sold February 28, 2019

Last sale price $2,600,000 $1,107 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $18,096/month

189 Days on Market

About This Home

As of February 2019

IN CONTRACT Price Improvement! Loaded with original details. Mechanicals and bones in great shape- Create a masterpiece! Brownstone lovers beg for places like this! 329 Park Place- the most exquisite block in "landmarked" Prospect Heights. Rarely available townhouse, original details throughout. Gorgeous 2 unit brownstone (17' x 43') on a 131 deep lot ready for its new owner. The home is sunlight and spacious- much desired in a classic Brooklyn home. Presently, the building is set up as two units with the upper duplex as the main home with 2 huge bedrooms and a home office, elongated open parlor floor dripping with details with direct access to a rear deck leading down to a lush garden. The ground floor (with a full basement below) has a great 1 bedroom layout, flexible living space, full marble bathroom with a walk in shower, and direct access to the backyard. The mechanicals (new boiler and new hot water tank) are in terrific updated shape. Cosmetically ready for updating. This home is a golden opportunity for a buyer who can see the potential to update the finishes, perhaps rethink the present floor plan, enjoy the garden with it's koi pond and lush plantings, and do cosmetic work throughout this incredible home.

Last Agent to Sell the Property

Peter Gordenstein

Compass License #10301200733 Listed on: 07/23/2018

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,490

Year Built

  • Built in 1910

Lot Details

  • 2,091

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • 2-Story Property
  • Lot Dimensions are 131.0 x 16.0

Community Details

  • 2 Units
  • Prospect Heights Subdivision

Listing and Financial Details

  • Tax Block 1159

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,490

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Cross Street: Underhill Avenue & Vanderbilt Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Prospect Heights
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Rooms (Total): 10

Beds/Baths

  • Bathrooms Integer: 2
  • Bedrooms: 4

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 131.0 x 16.0

Building Info

  • Units: 2
  • Total Stories: 2
  • Year Built: 1910

Tax Info

  • Tax Block: 1159

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2018
Closed on
Feb 28, 2019
Sold by
Ellen Banks-Feld Deceased
Bought by
Giles Stuart and Piotrowska Joanna
Seller's Agent
Peter Gordenstein
Compass
List Price
$2,799,000
Sold Price
$2,600,000
Premium/Discount to List
-$199,000
-7.11%
Current Estimated Value
$3,133,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$533,368
Avg. Annual Appreciation
3.20%
Original Mortgage
$1,950,000
Outstanding Balance
$1,721,301
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,462,794
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
Giles Stuart $2,600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giles Stuart $1,950,000
Previous Owner Feld Ellen Banks $1,409,130
Previous Owner Banks Feld Ellen $6,899
Previous Owner Feld Ellen Banks $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2019 02/28/19 Sold $2,600,000 -7.1% $1,107 / Sq Ft
01/29/2019 01/29/19 Pending -- -- --
07/23/2018 07/23/18 For Sale $2,799,000 -- $1,192 / 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 $9,490 $156,480 $32,940 $123,540
2024 $9,490 $161,820 $32,940 $128,880
2023 $9,537 $168,540 $34,320 $134,220
2022 $6,964 $159,540 $34,320 $125,220
2021 $6,926 $134,760 $34,320 $100,440
2020 $5,195 $150,780 $34,320 $116,460
2019 $6,496 $150,780 $34,320 $116,460
2018 $6,281 $30,812 $7,493 $23,319
2017 $5,926 $29,071 $6,963 $22,108
2016 $5,483 $27,427 $6,647 $20,780
2015 $3,308 $25,878 $8,959 $16,919
2014 $3,308 $25,878 $10,750 $15,128
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10432168

Real Estate Board of New York (REBNY)

APN: 01159-0061