NOT LISTED FOR SALE

Estimated Value: $3,195,000 - $4,304,000

6 Beds
3 Baths
4,100 Sq Ft
$870/Sq Ft Est. Value

Last Sold December 14, 2017

Last sale price $2,375,000 $579 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $19,741/month

209 Days on Market

Highlights

  • Pre War Building
  • 2-minute walk to Classon Avenue
  • 2-minute walk to Classon Playground

About This Home

As of December 2017

340 Lafayette Avenue is an exceptionally well-proportioned 21 foot wide Neo-Grec townhouse that offers 4,100 SF of living space and sits on a 21' x 100' lot. Generous rooms and high ceilings throughout ? 11' on the parlor floor ? give this townhouse an effortlessly spacious feel. There is a substantial amount of original detail and fantastic natural light flows through four stories of bay windows throughout the day. The south facing garden is accessible from both the garden level and from a sizable deck off of the parlor floor. Currently configured as a double duplex, 340 Lafayette Avenue easily lends itself to other configurations such as an owner's triplex with garden rental (please see alternative floor plan). The mechanicals have been updated and the structure is super solid. Just off the corner of Grand Avenue, anchored by Choice Market and Urban Vintage, 340 Lafayette Avenue enjoys one of the most dynamic of Clinton Hill locations. You will also find Mekelburg's Fine Food and Craft Beers and Peaches Shrimp & Crab among others. The well-established Speedy Romeo is a block away and fine dining at the The Finch and Vini e Olli are within blocks. Catty-corner, already in process, is a 118 unit new development rental building that will bring back a state of the art Key Foods supermarket to the area. The Fulton commercial corridor, The Myrtle commercial corridor, Deklab Avenue (Restaurant Row), Fort Greene Park and The BAM Cultural District are all walking distance.

Last Agent to Sell the Property

Douglas Bowen

Douglas Elliman Real Estate License #10301217443 Listed on: 03/03/2017

Douglas Elliman Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,516

Year Built

  • Built in 1899

Lot Details

  • 2,091

Home Design

  • Pre War Building

Interior Spaces

  • 4,100 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Community Details

  • Clinthl Subdivision

Listing and Financial Details

  • Tax Block 1948

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,516

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Cross Street: Classon Avenue/Grand Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: CLINTHL
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Living Area: 4100.0
  • Living Area Units: Square Feet
  • Rooms (Total): 12

Beds/Baths

  • Bathrooms Integer: 3
  • Bedrooms: 6

Building Info

  • Units: 2
  • Total Stories: 3
  • Year Built: 1899

Tax Info

  • Tax Block: 1948

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2022
Sold by
Filgate Jeremy and Ong Yeok Hwei
Bought by
340 Lafayette Ave Llc
Current Estimated Value
$3,491,173

Purchase Details

Listed on
Mar 3, 2017
Closed on
Dec 6, 2017
Sold by
Mcgee Francis J
Bought by
Filgate Jeremy and Ong Yeok Hwei
Seller's Agent
Douglas Bowen
Douglas Elliman Real Estate
List Price
$2,895,000
Sold Price
$2,375,000
Premium/Discount to List
-$520,000
-17.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.70%
Original Mortgage
$1,781,250
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 8, 2000
Sold by
Johnson Gladys T
Bought by
Mcgee Francis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.76%
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
340 Lafayette Ave Llc -- --
Filgate Jeremy $2,375,000 --
Mcgee Francis J $264,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Filgate Jeremy $1,781,250
Previous Owner Mcgee Francis J $215,000
Previous Owner Mcgee Francis J $11,620
Previous Owner Mcgee Francis J $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2017 12/14/17 Sold $2,375,000 -18.0% $579 / Sq Ft
11/14/2017 11/14/17 Pending -- -- --
04/18/2017 04/18/17 For Sale $2,895,000 -- $706 / 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 $7,516 $212,040 $41,340 $170,700
2024 $7,516 $202,740 $41,340 $161,400
2023 $7,284 $248,760 $41,340 $207,420
2022 $6,755 $203,580 $41,340 $162,240
2021 $6,745 $197,460 $41,340 $156,120
2020 $5,058 $199,740 $41,340 $158,400
2019 $6,524 $158,820 $41,340 $117,480
2018 $6,093 $29,890 $9,084 $20,806
2017 $5,749 $28,200 $7,505 $20,695
2016 $5,339 $26,707 $9,594 $17,113
2015 $2,989 $26,707 $14,378 $12,329
2014 $2,989 $25,988 $11,890 $14,098
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10465685

Real Estate Board of New York (REBNY)

APN: 01948-0013