NOT LISTED FOR SALE

Estimated Value: $1,385,000 - $1,768,000

5 Beds
5 Baths
2,728 Sq Ft
$576/Sq Ft Est. Value

Last Sold January 19, 2023

Last sale price $1,550,000 $568 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $8,923/month

672 Days on Market

Highlights

  • City View
  • 5-minute walk to Halsey Street (L Line)
  • Building Terrace
  • Pre War Building
  • Terrace
  • 4-minute walk to Irving Square Park

About This Home

As of January 2023

This masterfully gut-renovated Bushwick two-family shines with sun-splashed designer interiors, private outdoor space and an ideal Brooklyn location. Configured with a two-bedroom, three-bathroom owner's duplex with a huge backyard, plus a top-floor three-bedroom, two-bathroom apartment, this special property is ideal for investors or end-users seeking premium finishes and excellent rental income.

Step inside the owner's duplex to take in bespoke craftsmanship and premium finishes, including herringbone hardwood floors, beautiful windows, tall ceilings and designer lighting. Oversized living and dining areas lead to a chic open kitchen finished with navy blue and natural wood cabinetry, dark subway tile backsplashes and gleaming counters/breakfast bar seating. Chefs will love the elite stainless steel appliances, including a gas range, dishwasher, French door refrigerator and built-in microwave.

Down the hall, two spacious bedrooms open to a wide deck and a massive backyard, perfect for outdoor entertaining. The owner's suite includes a beautiful private bathroom with a walk-in shower, herringbone tile and contemporary fixtures. The second bedroom is placed adjacent to the equally well-appointed guest bathroom. Below, the sprawling rec room features lovely tile floors and more than enough space for playroom, home gym and office use. A full bathroom, laundry area, storage and access to the yard add conveniences to this outstanding space.

The rental unit offers exceptional natural light thanks to a sunny skylight and large windows. Spacious open-plan living and dining areas are anchored by a sleek chef's kitchen with an island/breakfast bar and stainless steel appliances. A primary suite and secondary bedroom overlook the rear yard, and a third bedroom enjoys treetop views over Eldert street. A skylit guest bathroom and in-unit washer dryer complete the home.

Extensive upgrades, updated systems and mini-split HVAC make this a not-to-be-missed opportunity.

Located on a quaint tree-lined residential Bushwick street, this exceptional property is surrounded by fantastic restaurants, nightlife venues and art galleries. Enjoy Irving Square Park on the next block, while tech startups and studio spaces fill the local area, including the new 170,000-square-foot Netflix production facility. Transportation is effortless with the J/Z, L and A/C trains, excellent bus service and CitiBike stations within easy reach.

Last Agent to Sell the Property

Kyle Lewis

Compass License #10401300080 Listed on: 04/22/2022

Compass

Co-Listed By

Joshua Golan

Compass License #10301215797

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,346

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 20.0 x 100.0
  • Garden

Home Design

  • Pre War Building

Interior Spaces

  • 2,728 Sq Ft Home
  • 2-Story Property
  • City Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Outdoor Features

  • Terrace

Listing and Financial Details

  • Legal Lot and Block 124 / 3419

Community Details

Overview

  • Bushwick Subdivision

Amenities

  • Building Terrace
  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,346

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Cross Street: Knickerbocker Avenue/Irving Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Bushwick
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Living Area: 2728.0
  • Living Area Units: Square Feet
  • Rooms (Total): 10

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area

Lot Info

  • Lot Size Dimensions: 20.0 x 100.0

Building Info

  • Total Stories: 2
  • Year Built: 1910

Tax Info

  • Tax Block: 3419
  • Tax Lot: 124

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2022
Closed on
Jan 18, 2023
Sold by
334 Eldert Group Llc
Bought by
Phillips Jonathan and Thompson Sarah
Seller's Agent
Kyle Lewis
Compass
List Price
$1,550,000
Sold Price
$1,550,000
Views
12
Current Estimated Value
$1,532,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,061
Avg. Annual Appreciation
1.01%
Original Mortgage
$1,265,600
Outstanding Balance
$1,228,248
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$361,673

Purchase Details

Closed on
Aug 15, 2017
Sold by
Yousfan Doron
Bought by
334 Eldert Group Llc

Purchase Details

Closed on
Aug 9, 2017
Sold by
Aaron Martin As Co-Administrator
Bought by
Yousfan Doron

Purchase Details

Closed on
Nov 30, 1994
Sold by
M Lahm Knitting Mills Inc
Bought by
Martin Raleigh and Martin Barbara
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
Phillips Jonathan $1,582,000 --
334 Eldert Group Llc -- --
Yousfan Doron $740,000 --
Martin Raleigh -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Jonathan $1,265,600
Previous Owner Martin Barbara $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2023 01/19/23 Sold $1,550,000 0.0% $568 / Sq Ft
10/20/2022 10/20/22 Pending -- -- --
08/02/2022 08/02/22 For Sale $1,550,000 0.0% $568 / Sq Ft
08/01/2022 08/01/22 Off Market $1,550,000 -- --
07/13/2022 07/13/22 Price Changed $1,550,000 -2.5% $568 / Sq Ft
04/22/2022 04/22/22 Price Changed $1,590,000 0.0% $583 / Sq Ft
04/22/2022 04/22/22 For Sale $1,590,000 +2.6% $583 / Sq Ft
08/18/2021 08/18/21 Off Market $1,550,000 -- --
02/17/2021 02/17/21 Pending -- -- --
12/16/2020 12/16/20 For Sale $1,550,000 -- $568 / 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 $6,346 $61,800 $11,280 $50,520
2024 $6,346 $70,080 $11,280 $58,800
2023 $6,293 $61,920 $11,280 $50,640
2022 $5,131 $67,860 $11,280 $56,580
2021 $5,962 $74,400 $11,280 $63,120
2020 $4,191 $57,000 $11,280 $45,720
2019 $1,924 $53,640 $11,280 $42,360
2018 $2,932 $8,686 $2,300 $6,386
2017 $1,374 $8,210 $2,061 $6,149
2016 $1,242 $7,761 $2,629 $5,132
2015 $714 $7,761 $2,123 $5,638
2014 $714 $7,663 $2,396 $5,267
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10835236

Real Estate Board of New York (REBNY)

APN: 03419-0124