NOT LISTED FOR SALE

Estimated Value: $8,625,000 - $10,736,355

-- Bed
-- Bath
6,000 Sq Ft
$1,613/Sq Ft Est. Value

Last Sold May 01, 2015

Last sale price $7,255,000 $1,209 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $56,137/month

196 Days on Market

About This Home

As of May 2015

This important 1870's Italianate style townhouse, located on a secluded cul-de-sac at the highest elevation of Brooklyn Heights, is in all ways the height of the Heights. On one of the most beautiful blocks in New York City, 34 Grace Court has been mindfully preserved and meticulously maintained by each of its few owners.

A historically protected landmark five-story townhouse with a restored brownstone façade it is built 24x50 on a generous 125 foot lot. It is currently configured as a parlor triplex, garden floor rental, and a top floor rental.

Enter through the stunning walnut Eastlake doors on the parlor floor and you are immediately struck by the elegance and warmth of this gorgeous space. From the oversized front windows is the rare park -like view of lush gardens in this unique urban setting. The double parlor has 12' ceilings with original details intact. These include plaster crown and ceiling moldings, marquetry floors, ornamental wainscoting, original bronze hardware, working white marble fireplace, speaking tubes, and mahogany pocket doors and shutters. The south facing dining room with bay window overlooks the greenery of the landscaped garden. A convenient kitchen is adjacent to the dining room.

Move on to the second floor via the wide and gracious staircase, with two large bedrooms, each with marble fireplace, one side bedroom, study areas with built-ins and vast closet space. The spacious bathroom is graced with beautiful porcelain fixtures.

The third floor offers three more bedrooms, full bathroom and laundry room, and breath-taking views expanding past the Verrazano Narrows Bridge.

The sun-filled top floor rental apartment is accessed through the main staircase. This lovely floor has a wood-burning fireplace and offers unparalleled views front and back.

The floor-through garden level rental apartment, with private entrance, has crown and ceiling moldings, wainscoting, double doors, and bay window overlooking the garden.

This gracious townhouse may easily be reconfigured as a parlor quadraplex with garden rental, or as a lavish single family home.

A home with a history, 34 Grace Court has been inhabited by important families and intellectuals of the Brooklyn Heights community and used to host recitals, lectures, and political meetings since the late 19th century. Become the next celebrated family to enrich the city from the comfort of this outstanding home.

This great American home is available to historic preservationists, townhouse connoisseurs, brownstone lovers, or anyone who would like to become one.

Last Agent to Sell the Property

Brian Lehner

Brown Harris Stevens Brooklyn LLC License #30LE0594308 Listed on: 09/16/2014

Brown Harris Stevens Brooklyn LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $45,574

Lot Details

  • 2,875

Home Design

Community Details

  • 3 Units
  • Brooklyn Heights Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$45,574

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Brooklyn Heights
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily

Building Info

  • Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2014
Closed on
May 1, 2015
Sold by
Finkelstein Elinor F
Bought by
34 Grace Court Llc
Seller's Agent
Brian Lehner
Brown Harris Stevens Brooklyn LLC
List Price
$7,900,000
Sold Price
$7,255,000
Premium/Discount to List
-$645,000
-8.16%
Current Estimated Value
$9,680,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,425,678
Avg. Annual Appreciation
2.82%
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
34 Grace Court Llc $7,255,000 --
34 Grace Court Llc $7,255,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2015 05/01/15 Sold $7,255,000 -8.2% $1,209 / Sq Ft
04/01/2015 04/01/15 Pending -- -- --
09/17/2014 09/17/14 For Sale $7,900,000 -- $1,317 / 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 $45,574 $637,920 $118,620 $519,300
2024 $45,574 $635,220 $118,620 $516,600
2023 $34,230 $592,980 $55,080 $537,900
2022 $30,044 $642,300 $55,080 $587,220
2021 $33,298 $597,180 $55,080 $542,100
2020 $33,298 $604,140 $55,080 $549,060
2019 $31,106 $568,440 $55,080 $513,360
2018 $28,632 $140,457 $16,524 $123,933
2017 $27,026 $132,576 $23,770 $108,806
2016 $26,193 $132,576 $20,203 $112,373
2015 $14,865 $125,410 $28,668 $96,742
2014 $14,865 $123,916 $24,377 $99,539
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10063993

Real Estate Board of New York (REBNY)

APN: 00252-0022