NOT LISTED FOR SALE

Estimated Value: $2,383,801 - $3,483,000

Studio
-- Bath
4,400 Sq Ft
$678/Sq Ft Est. Value

Sale Details

Date Sold: July 19, 2016

Last sale price $2,000,000 $455 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $16,390 / mo

104 Days on Market

Highlights

  • Pre War Building
  • 3-minute walk to Marcy Avenue
  • 2-minute walk to Strawberry Playground
  • Garden

About This Home

As of July 2016

337 South 5th Street is a huge 22' x 55' four floor, two family brick townhouse located in Prime Williamsburg. Approximately 4,400 square feet, this property is in need of a total rehab and a new CO but is a rare opportunity for an investor with the price per square foot being under $550. Only one subway stop to Manhattan and very close to Williamsburg's best corridors, including Bedford Ave, the waterfront, Metropolitan, Driggs and Broadway, this property will be a superb investment for a savvy buyer either as a condominium or income producing asset. Property delivered vacant.

Last Agent to Sell the Property

Alexander Maroni

Douglas Elliman Real Estate License #10301201619 Listed on: 03/01/2016

Douglas Elliman Real Estate

Co-Listed By

Jessica Peters

Douglas Elliman Real Estate License #10301209015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1899

Lot Details

  • Garden

Home Design

  • Pre War Building

Interior Spaces

  • 4,400 Sq Ft Home
  • 4-Story Property

Community Details

  • 2 Units
  • Williams Subdivision

Listing and Financial Details

  • Tax Block 2449

Property Details

Home Type

Multi-Family

Year Built

Built in 1899

Lot Details

1,655 Sq Ft Lot

Listing Details

  • Cross Street: Rodney/Keap
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: WILLIAMS
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Living Area: 4400.0
  • Living Area Units: Square Feet

Exterior Features

  • Exterior Features: Garden

Building Info

  • Units: 2
  • Total Stories: 4
  • Year Built: 1899

Tax Info

  • Tax Block: 2449

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2016
Closed on
Jul 19, 2016
Sold by
337 S 5Th Llc
Bought by
337 South 5Th Street Llc
Seller's Agent
Alexander Maroni
Douglas Elliman Real Estate
List Price
$2,400,000
Sold Price
$2,000,000
Premium/Discount to List
-$400,000
-16.67%
Current Estimated Value
$2,983,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$983,700
Avg. Annual Appreciation
4.16%
Original Mortgage
$1,500,000
Outstanding Balance
$1,173,015
Interest Rate
3.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,810,685

Purchase Details

Closed on
Mar 5, 2015
Sold by
Yomi Homes Inc
Bought by
337 S 5Th Llc
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
337 South 5Th Street Llc $2,000,000 --
337 S 5Th Llc -- --
Yomi Homes Inc $640,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open 337 South 5Th Street Llc $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2016 07/19/16 Sold $2,000,000 -16.7% $455 / Sq Ft
06/19/2016 06/19/16 Pending -- -- --
03/06/2016 03/06/16 For Sale $2,400,000 -- $545 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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
2026 $5,542 $228,840 $60,000 $168,840
2025 $5,506 $215,940 $60,000 $155,940
2024 $5,506 $215,940 $60,000 $155,940
2023 $5,378 $215,940 $60,000 $155,940
2022 $5,115 $177,240 $60,000 $117,240
2021 $5,219 $164,760 $60,000 $104,760
2019 $2,892 $124,140 $14,640 $109,500
2018 $2,659 $13,046 $2,227 $10,819
2017 $2,513 $12,330 $1,699 $10,631
2016 $2,328 $11,643 $2,165 $9,478
2015 $1,403 $11,643 $2,075 $9,568
2014 $1,403 $11,520 $2,381 $9,139
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10061112

Real Estate Board of New York (REBNY)

APN: 02449-0023

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