Seller's Agent in 2021
Jay Molishever
Corcoran Group
(917) 538-4516
1 in this area
6 Total Sales
Estimated Value: $3,228,000 - $3,831,000
Now available for viewing to those with serious interest based on listing information and virtual tour. For Virtual Tour, click button or paste TinyUrl.com/352StateVideo in your browser address bar. This is one of the largest houses in Boerum Hill, a magnificent 25 foot wide 4 story brick and brownstone rowhouse on beautiful State Street (which New York Magazine has named a "Prettiest Block in NY"). As anyone who's been in one knows, the difference in the grand sense of space in a 25 foot wide rowhouse and a standard 20 or 17 foot wide building is considerable. Rather than the standard 11 or 12 foot wide living room and 6 or 7 foot hallway usual in the standard-width buildings, 25 foot wide rowhouses yield living and other rooms 15 or 16 feet wide, which feels like a ballroom in comparison.
A loving, full, historically detailed, multi-year gut-renovation/restoration was well along when interrupted some years ago, and the property is priced to allow a purchaser to handsomely complete the re-construction and gain substantial additional equity. Submitted plans are for a 1-bed, 1 bath garden simplex and a 4-bed, 2.5 bath triplex, with a greenhouse off the parlor floor and a full-floor open space on the top floor. Or re-configure to your own plans and purposes.
Parts of the re-construction already largely accomplished (please confirm with your own viewing and experts) include: - basement dug out to 9 foot ceiling height, and new footings installed and cement floor laid;
- new steel joists under the garden-level floor installed throughout;
- new boiler and hot-water heating system installed throughout building; - new separate hot-water systems for the simplex and the triplex installed; - - new plumbing and drainage systems roughed in throughout house; - new electrical systems roughed in; - all 8 wood-burning fireplaces throughout building re-built/restored, re-lined and re-flued;
- new Anderson double-paned windows installed throughout the house; -
- stairways reinforced or re-built; - walls re-configured and re-framed: - homeolite fire-stops installed between studs (this is not required in a two-unit property, but the owner was re-building for his own use). Many original details, including the wide-plank original floors, original moldings and panelings, and portions of the original plasterwork detailing have been retained ready to be re-installed.
The walls were starting to be closed in when the project came to a stop. In most new construction or re-construction purchases the buyer must estimate the quality of the work behind the walls. Here it can be seen and examined. The property will be sold with all on-site uninstalled cabinetry and fixtures included. Several banks are offering construction/purchase financing at rates similar to mortgages.
Last Agent to Sell the Property
Corcoran Group License #10301200129 Listed on: 03/15/2020
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 352 State Street Inc | $2,812,000 | -- |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/11/2021 03/11/21 | Sold | $2,812,000 | -19.7% | $1,125 / Sq Ft |
| 10/19/2020 10/19/20 | Pending | -- | -- | -- |
| 03/14/2020 03/14/20 | For Sale | $3,500,000 | -- | $1,400 / Sq Ft |
| 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 | $6,586 | $220,140 | $20,100 | $200,040 |
| 2024 | $6,586 | $210,480 | $20,100 | $190,380 |
| 2023 | $6,608 | $219,240 | $20,940 | $198,300 |
| 2022 | $6,128 | $201,600 | $20,940 | $180,660 |
| 2021 | $6,095 | $206,700 | $20,940 | $185,760 |
| 2020 | $1,355 | $193,500 | $20,940 | $172,560 |
| 2019 | $5,423 | $213,960 | $20,940 | $193,020 |
| 2018 | $5,230 | $27,116 | $2,017 | $25,099 |
| 2017 | $4,915 | $25,582 | $3,002 | $22,580 |
| 2016 | $4,515 | $24,135 | $3,823 | $20,312 |
| 2015 | $2,691 | $22,770 | $4,186 | $18,584 |
| 2014 | $2,691 | $22,770 | $5,023 | $17,747 |
Seller's Agent in 2021
Jay Molishever
Corcoran Group
(917) 538-4516
1 in this area
6 Total Sales
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10622057
APN: 00177-0010
Ask me questions while you tour the home.