NOT LISTED FOR SALE

349 Fenimore St Brooklyn, NY 11225

Prospect Lefferts Gardens Neighborhood

Estimated Value: $1,238,595 - $2,137,000

8 Beds
5.5 Baths
4,160 Sq Ft
$375/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $1,100,000 $264 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $9,075/month

21 Days on Market

About This Home

As of October 2021

We are pleased to arrange the sale of 349 Fenimore Street, a three unit walk-up building located in Prospect Lefferts-Gardens.



The building comprises of 3 residential units, of which there are 2 three bedroom and 1 two and a half bedroom apartments. The property benefits from a Section 421A program, which runs through June 2025. The low property taxes, the recent year built -- around 2007/2008 - and the separate utilities, all contribute to the extremely low operating expenses. The property has been meticulously maintained under current ownership and boast above average finishes in an open floor plan, hardwood flooring, stainless steel appliances, in-unit washer/dryer hook-up and more. A prospective investor could realize additional upside by utilizing the finished basement to create more livable space and generate addition rental income from the two, off-street parking slots.



Located in one of Brooklyns most desirable neighborhoods Prospect Lefferts-Gardens, the buildings are assort distance to some of Brooklyns major attractions including the iconic Grand Army Plaza, Prospect Park, Prospect Park Zoo, the Brooklyn Museum, Brooklyns Central Library and the Brooklyn Botanic Garden. The properties also enjoy convenient access to the B, Q, S, 2 and 5 trains, which is approximately 30 minutes to Walls St and 40 minutes to Penn St.

Last Agent to Sell the Property

Robin Lennon

Douglas Elliman Real Estate License #10401270208 Listed on: 06/02/2021

Douglas Elliman Real Estate

Co-Listed By

Russell Barnes

Keller Williams NYC License #10401281702

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,623

Lot Details

  • 2,004

Home Design

Interior Spaces

  • 3-Story Property
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 8 Bedrooms

Community Details

  • 3 Units
  • Prospect Lefferts G Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,623

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Prospect-Lefferts G
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Washer Dryer Allowed
  • Rooms (Total): 16

Beds/Baths

  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Bathrooms Integer: 6
  • Bedrooms: 8

Garage/Parking

  • Garage: No

Building Info

  • Units: 3
  • Total Stories: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Oct 20, 2021
Sold by
345 Fenimore Llc
Bought by
345 Fenimore Street Llc
Seller's Agent
Robin Lennon
Douglas Elliman Real Estate
List Price
$1,500,000
Sold Price
$1,100,000
Premium/Discount to List
-$400,000
-26.67%
Current Estimated Value
$1,558,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$458,899
Avg. Annual Appreciation
8.99%
Original Mortgage
$120,000
Outstanding Balance
$109,429
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,449,470

Purchase Details

Listed on
Jun 2, 2021
Closed on
Sep 30, 2021
Sold by
Trillian Advisors Llc
Bought by
345 Fenimore Llc
Seller's Agent
Robin Lennon
Douglas Elliman Real Estate
List Price
$1,500,000
Sold Price
$1,100,000
Premium/Discount to List
-$400,000
-26.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$109,429
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,449,470

Purchase Details

Listed on
Sep 17, 2013
Closed on
Nov 19, 2013
Sold by
Fine Home Builders & Realty Llc
Bought by
Trillian Advisors Llc
Seller's Agent
Sepideh Aziz Hazan
Best Homes
Buyer's Agent
Sepideh Aziz Hazan
Best Homes
Sold Price
$1,700
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
345 Fenimore Street Llc -- --
345 Fenimore Street Llc -- --
345 Fenimore Llc $1,100,000 --
345 Fenimore Llc $1,100,000 --
Trillian Advisors Llc $778,989 --
Trillian Advisors Llc $778,989 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 345 Fenimore Street Llc $120,000
Closed 345 Fenimore Street Llc $120,000
Open 345 Fenimore Llc $1,000,000
Closed 345 Fenimore Llc $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2021 10/01/21 Sold $1,100,000 -26.7% $264 / Sq Ft
09/09/2021 09/09/21 For Sale $1,500,000 0.0% $361 / Sq Ft
10/20/2013 10/20/13 Rented $1,700 0.0% --
09/20/2013 09/20/13 Under Contract -- -- --
09/17/2013 09/17/13 For Rent $1,700 -- --
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 $9,623 $92,100 $22,440 $69,660
2024 $9,623 $107,760 $22,440 $85,320
2023 $7,512 $102,120 $22,440 $79,680
2022 $5,168 $83,580 $22,440 $61,140
2021 $3,023 $91,680 $22,440 $69,240
2020 $892 $71,640 $22,440 $49,200
2019 $881 $71,640 $22,440 $49,200
2018 $859 $49,032 $15,043 $33,989
2017 $859 $48,663 $17,251 $31,412
2016 $842 $45,909 $15,567 $30,342
2015 $575 $43,311 $22,053 $21,258
2014 $575 $40,860 $24,960 $15,900
Source: Public Records

Agents Affiliated with this Home

  • Robin Lennon

    Seller's Agent in 2021

    Robin Lennon

    Douglas Elliman Real Estate

    (917) 202-8996

    2 in this area

    13 Total Sales

    Robin Lennon
    Section Image
  • Russell Barnes

    Seller Co-Listing Agent in 2021

    Russell Barnes

    Keller Williams NYC

    (917) 633-6398

    2 in this area

    6 Total Sales

    Russell Barnes
    Section Image

  • S

    Seller's Agent in 2013

    Sepideh Aziz Hazan

    Best Homes

    (516) 498-2378

    1 Total Sale

    Sepideh Aziz Hazan
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10742003

Real Estate Board of New York (REBNY)

APN: 05039-0052

New York Kings County Brooklyn 11225 Prospect Lefferts Gardens

349 Fenimore St, Brooklyn, NY

This home is located at 349 Fenimore St, Brooklyn, NY 11225 since 02 June 2021 and is currently estimated at $1,558,899, approximately $374 per square foot. 349 Fenimore St is a home located in Kings County with nearby schools including P.S. 397 Foster Laurie, M.S. 61 Dr. Gladstone H. Atwell Middle School, and Achievement First Voyager Middle School.

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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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