NOT LISTED FOR SALE

Estimated Value: $1,536,000 - $1,980,019

6 Beds
2 Baths
2,268 Sq Ft
$784/Sq Ft Est. Value

Last Sold April 26, 2021

Last sale price $1,310,000 $578 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $10,040/month

66 Days on Market

Highlights

  • Property is near public transit
  • 3-minute walk to Lorimer Street (L Line)
  • Forced Air Heating System
  • P.S. 132 The Conselyea School Rated A-
  • Park
  • 1-minute walk to Badame Sessa Memorial Square

About This Home

As of April 2021

2 Family (4 Levels) w/ Backyard & Basement! Situated right in the heart of Williamsburg, this 2-family property is perfect for investors looking for a project! Create your own townhouse and/or collect income; Located 3 blocks from L & G train (Lorimer St) stations; 4 blocks to the gorgeous McCarren Park; Steps away from all shopping, boutiques, restaurants, bars. This property features: - Hardwood floors - 6 Bedrooms, 2 full baths - Ground level duplexes up to Main Floor (4BR/1BTH Apt) - Ground level also has separate entrance - 2nd Fl Apt: 2BR/1BTH - Potential to duplex by using approx. 1,200 Sq. Ft. of additional BSF Other features: Private Backyard w/ garden - a feature highly coveted in Williamsburg; Unfinished Full Basement. Please note that this property needs a full gut renovation. Will be delivered vacant at closing. Lot Size: 25 x 69.25 ft Building: 22 x 35 ft Zoning: R6B FAR: 1.31; MAX FAR: 2 Taxes: $3,920/Yr This is a GREAT OPPORTUNITY!

Last Agent to Sell the Property

Robert Napolitano

Capri Jet Realty Corp Brokerage Phone: 718-388-2188 License #31NA0992911 Listed on: 12/08/2020

Co-Listed By

Jessie Lookfong

Capri Jet Realty Corp Brokerage Phone: 718-388-2188 License #10301219682

Last Buyer's Agent

Antonia Chabrowski

Compass License #10401302437

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,920

Year Built

  • Built in 1910

Lot Details

  • 1,731 Sq Ft Lot
  • 1 Common Wall
  • Private Entrance
  • Fenced
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Frame Construction

Interior Spaces

  • 3-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Conselyea Prep Middle School
  • Williamsburg High School For Architecture And DES

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Legal Lot and Block 26 / 2747
  • Assessor Parcel Number 02747-0026

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,920

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Levels: Three Or More
  • Year Built: 1910
  • Attribution Contact: 718-388-2188
  • Co List Office Mls Id: KEYCPRI01
  • Co List Office Phone: 718-388-2188
  • Structure Type: Townhouse
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Basement: Full, Unfinished
  • Total Bedrooms: 6
  • Fireplace: No
  • Basement YN: No

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced
  • Pool Private: No
  • Spa: No
  • Exterior Features: Private Entrance

Garage/Parking

  • Parking Description: Off Street

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Forced Air, Oil
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Schools

  • Middle School: Conselyea Prep School

Lot Info

  • Lot Dimensions: 25x69.25ft
  • Lot Size Sq Ft: 1731
  • Lot Features: Level, Near Public Transit, Near School, Near Shops
  • Parcel Number: 02747-0026
  • Property Attached: Yes
  • Additional Parcels: No
  • Zoning: R6B

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 3920
  • Tax Block: 2747
  • Tax Lot: 26

MLS Schools

  • High School: Williamsburg High School For Architecture And Des
  • Middle School District: Brooklyn 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2020
Closed on
Apr 26, 2021
Sold by
Falabella Elizabeth and Fine Aileen
Bought by
Compton Gavin
Seller's Agent
Robert Napolitano
Capri Jet Realty Corp
Buyer's Agent
Antonia Chabrowski
Compass
List Price
$1,699,000
Sold Price
$1,310,000
Premium/Discount to List
-$389,000
-22.9%
Current Estimated Value
$1,778,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$468,005
Avg. Annual Appreciation
7.29%
Original Mortgage
$1,048,000
Outstanding Balance
$951,766
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$826,239

Purchase Details

Closed on
Feb 11, 2021
Sold by
Falabella Elizabeth
Bought by
Falabella Elizabeth and Fine Aileen
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
Compton Gavin $1,310,000 --
Falabella Elizabeth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Compton Gavin $1,048,000
Previous Owner Fallabella Benny $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2021 04/26/21 Sold $1,310,000 -18.1% $578 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
01/04/2021 01/04/21 Price Changed $1,599,000 -5.9% $705 / Sq Ft
12/08/2020 12/08/20 For Sale $1,699,000 -- $749 / Sq Ft
Source: OneKey® MLS

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 $4,454 $121,800 $19,740 $102,060
2024 $4,454 $116,460 $19,740 $96,720
2023 $4,249 $142,920 $19,740 $123,180
2022 $3,941 $134,880 $19,740 $115,140
2021 $3,921 $129,600 $19,740 $109,860
2020 $974 $153,060 $19,740 $133,320
2019 $3,866 $153,060 $19,740 $133,320
2018 $3,554 $17,434 $2,953 $14,481
2017 $3,353 $16,449 $2,691 $13,758
2016 $3,104 $15,525 $3,212 $12,313
2015 $1,652 $15,525 $4,823 $10,702
2014 $1,652 $15,400 $5,353 $10,047
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3274302

OneKey® MLS

APN: 02747-0026