NOT LISTED FOR SALE

Estimated Value: $1,566,000 - $2,046,000

5 Beds
4.5 Baths
3,150 Sq Ft
$568/Sq Ft Est. Value

Sale Details

Date Sold: May 31, 2023

Last sale price $1,999,999 $635 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $9,749 / mo

145 Days on Market

Highlights

  • Green Building
  • Central Air
  • 3-minute walk to Myrtle Avenue

About This Home

As of May 2023

Located on a picturesque tree-lined block in Bed-Stuy, lies 348 Vernon Avenue, a stunning 19th century brownstone that has been elegantly renovated with a design that seamlessly blends contemporary designer finishes with historic accents. This home features a three-bedroom, two and a half bath owners duplex spread over three levels, plus a cellar with an outdoor deck, overlooking a massive 55ft backyard. Additionally, there is a two bedroom two-bath apartment stretching the full length of the ground level. This two-unit townhouse is a fantastic opportunity for both homebuyers and investors.

As you enter the classic restored double doors to the parlor level of the home, you're greeted with warm natural light from the rare bay windows that accentuate the chevron hardwood flooring, soaring ceilings and fireplace. The open floorplan provides the perfect space for peaceful relaxation and stylish entertaining. The rear of the parlor level is a beautifully designed kitchen with an abundance of cabinetry, chic details, a massive quartz waterfall center island, and luxury stainless-steel appliances that include a vented gas cooktop, Bertazzoni package with refrigerator and matching stove, Bosch dishwasher, and Sharp built-in microwave drawer. This eat-in kitchen is a chef's dream, facing a glass wall that is overlooking the backyard and colossal deck.

The floor to ceiling windows and doors open from the kitchen to the deck, which provide an effortless indoor/outdoor entertaining space and al fresco dining. The deck leads you to a stunning garden. As you head up the stairs to the upper level, you're once again soaked in sunlight from the skylight above. There you'll find a massive primary bedroom with ensuite bath, two additional sizable bedrooms and a beautifully tiled bathroom with a tub. A laundry closet completes this floor. Back down the stunningly appointed staircase, you'll find a chic 2-bedroom rental unit, that shares (or not) your garden

Additionally, a massive finished basement provides a flexible space for a home office, gym, playroom, media room or whatever may suite your lifestyle.

This masterfully re-appointed townhouse is located in the heart of Bedford Stuyvesant. You are a stone's throw away from hip dining establishments such as Caf Erzulie, Saraghina, Concrete, Peaches Hot House, L'antagoniste, Mao Mao, 2 Chix and Rebeccas as well as several local parks that feature playgrounds, basketball, and tennis courts. Nearby public transportation includes the J/M,Z, L or G trains.

Last Agent to Sell the Property

MARK MARTOV

Corcoran Group License #10401264653 Listed on: 10/22/2022

Corcoran Group

Co-Listed By

Brooke Koropatnick

Corcoran Group License #10401244251

Last Buyer's Agent

Direct Deal Listing

Direct Deal License #A

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,428

Year Built

  • Built in 1899

Lot Details

  • 1,700 Sq Ft Lot
  • Lot Dimensions are 100.00x17.00

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,150 Sq Ft Home
  • 3-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 5 Bedrooms

Eco-Friendly Details

  • Green Building
  • Smoke Free Home

Utilities

  • Central Air

Community Details

  • 2 Units
  • Stuyvesant Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 0014 / 01589

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,428

Year Built

Built in 1899

Lot Details

1,700 Sq Ft Lot

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Stuyvesant Heights
  • Entry Level: 1
  • Structure Type: Townhouse
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Interior Features: Smoke Free
  • Fireplace: No
  • Living Area: 3150.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathrooms Integer: 5
  • Bedrooms: 5

Exterior Features

  • View: Other
  • View: No
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: In Unit
  • Green Building Features: Green Building
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 1700.0
  • Lot Size Dimensions: 100.00x17.00

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 2
  • Total Stories: 3
  • Year Built: 1899

Tax Info

  • Tax Block: 01589
  • Tax Lot: 0014
  • Tax Annual: 1428.0

Multi Family

  • Building Area Units: Square Feet

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2022
Closed on
May 31, 2023
Sold by
Bought by
Seller's Agent
MARK MARTOV
Corcoran Group
Buyer's Agent
Direct Deal Listing
Direct Deal
List Price
$2,499,999
Sold Price
$1,999,999
Premium/Discount to List
-$500,000
-20%
Views
95
Current Estimated Value
$1,790,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$209,512
Avg. Annual Appreciation
-3.51%
Original Mortgage
$1,899,999
Outstanding Balance
$1,832,686
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$42,199

Purchase Details

Listed on
Nov 5, 2021
Closed on
Dec 16, 2021
Sold by
Bought by
Seller's Agent
Armond Adams
Corcoran Group
List Price
$890,000
Sold Price
$890,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
74.79%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

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
$1,999,999 --
$890,000 --
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 $1,899,999
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2023 05/31/23 Sold $1,999,999 0.0% $635 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
02/23/2023 02/23/23 Price Changed $1,999,999 -9.1% $635 / Sq Ft
11/30/2022 11/30/22 Price Changed $2,199,999 -12.0% $698 / Sq Ft
10/29/2022 10/29/22 For Sale $2,499,999 +180.9% $794 / Sq Ft
12/16/2021 12/16/21 Sold $890,000 0.0% $376 / Sq Ft View Prior Sale
11/08/2021 11/08/21 Pending -- -- --
11/05/2021 11/05/21 For Sale $890,000 -- $376 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax 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.

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 $1,611 $95,760 $18,120 $77,640
2025 $1,525 $101,280 $18,120 $83,160
2024 $1,525 $96,840 $18,120 $78,720
2023 $1,455 $100,860 $18,900 $81,960
2022 $1,430 $110,520 $18,900 $91,620
2021 $1,195 $85,320 $18,900 $66,420
2019 $1,030 $62,220 $18,900 $43,320
2018 $920 $5,971 $2,627 $3,344
2017 $917 $5,971 $2,120 $3,851
2016 $870 $5,904 $2,209 $3,695
2015 $460 $5,572 $3,125 $2,447
2014 $460 $5,272 $3,548 $1,724
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10932287

Real Estate Board of New York (REBNY)

APN: 01589-0014

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