NOT LISTED FOR SALE

Estimated Value: $1,983,000 - $2,836,000

5 Beds
2 Baths
3,600 Sq Ft
$670/Sq Ft Est. Value

Last Sold April 09, 2019

Last sale price $2,375,000 $660 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $13,509/month

243 Days on Market

About This Home

As of April 2019

348 MacDonough Street is a classic late-Italianate style brownstone built in1873. This stately home is located on one of the most desirable streets in the Stuyvesant Heights Historic District often recognized in The Greenest Block in Brooklyn contest by Brooklyn Botanic Garden in the past decade. This grand townhouse offers exemplary historic details inside and out and awaits your vision and architect. The 20-foot wide ornately detailed façade is highlighted by a carved arched doorway with prominent keystone and oversized cast iron balustrade. This group of four brownstones enjoys a gracious setback from this charming street and is surrounded by notable properties with mature trees and gardens. Remarkable interior details abound, with all levels showcasing intricately carved marble mantles, oversized stair posts, arched room elements, intact ceiling moldings and medallions and original inlaid decoratively bordered hand-nailed flooring. This legal two-family, 3600 square foot home built 45 feet deep occupies a 100-foot lot offering ample outdoor space both at the front and rear of the property. An additional 400 square feet of FAR is available to add to interior space. Multiple plans have been conceptualized and may be viewed to maximize efficiency, affordability and comfort. 348 MacDonough Street is conveniently located just four blocks from the Utica Avenue A/C subway with easy access to all of Manhattan, surrounded by numerous parks, not far from The Brooklyn Children's Museum and nestled among noteworthy restaurants such as Saraghina and Peaches, L'Antogoniste, Chez Oscar and Eugene & Company.

Last Agent to Sell the Property

Douglas Bowen

Douglas Elliman Real Estate License #10301217443 Listed on: 05/22/2018

Douglas Elliman Real Estate

Co-Listed By

Zia O'Hara

Douglas Elliman Real Estate License #10301222365

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,625

Lot Details

  • 2,004

Home Design

Interior Spaces

  • 3,600 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Community Details

  • 2 Units
  • Stuyhei Subdivision

Listing and Financial Details

  • Tax Block 1675

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,625

Lot Details

0

Listing Details

  • Cross Street: Stuyvesant ave
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: STUYHEI
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Living Area: 3600.0
  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Integer: 2
  • Bedrooms: 5

Garage/Parking

  • Garage: No

Building Info

  • Units: 2
  • Total Stories: 4

Tax Info

  • Tax Block: 1675

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2022
Sold by
Lin Yuhan and Mcpherson James
Bought by
Bstuy Llc
Current Estimated Value
$2,412,531

Purchase Details

Listed on
May 22, 2018
Closed on
Apr 2, 2019
Sold by
348 Macdonough Llc
Bought by
Lin Yuhan and Mcpherson James
Seller's Agent
Douglas Bowen
Douglas Elliman Real Estate
List Price
$2,495,000
Sold Price
$2,375,000
Premium/Discount to List
-$120,000
-4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.24%
Original Mortgage
$1,500,000
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2016
Sold by
Arlene Williams As Executor
Bought by
348 Macdonough Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
3.68%
Mortgage Type
Purchase Money Mortgage
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
Bstuy Llc -- --
Lin Yuhan $2,245,000 --
348 Macdonough Llc $1,850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lin Yuhan $1,500,000
Previous Owner 348 Macdonough Llc $1,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2019 04/09/19 Sold $2,375,000 -4.8% $660 / Sq Ft
01/29/2019 01/29/19 Pending -- -- --
05/30/2018 05/30/18 For Sale $2,495,000 -- $693 / 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 $8,625 $146,880 $23,700 $123,180
2024 $8,625 $140,400 $23,700 $116,700
2023 $6,461 $130,980 $23,700 $107,280
2022 $6,008 $142,740 $23,700 $119,040
2021 $6,334 $132,720 $23,700 $109,020
2020 $4,750 $127,800 $23,700 $104,100
2019 $5,846 $141,360 $23,700 $117,660
2018 $5,404 $26,512 $3,947 $22,565
2017 $5,113 $25,081 $4,978 $20,103
2016 $5,014 $25,081 $6,721 $18,360
2015 $2,854 $24,482 $9,370 $15,112
2014 $2,854 $23,288 $10,694 $12,594
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10415375

Real Estate Board of New York (REBNY)

APN: 01675-0030