NOT LISTED FOR SALE

Estimated Value: $3,254,000 - $5,117,000

6 Beds
4 Baths
2,837 Sq Ft
$1,378/Sq Ft Est. Value

Last Sold August 07, 2018

Last sale price $2,750,000 $969 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $21,261/month

115 Days on Market

Highlights

  • Pre War Building
  • 3-minute walk to Bergen Street (F,G Line)
  • 2-minute walk to Boerum Playground

About This Home

As of August 2018

Welcome to 355 Warren Street -- a charming, renovated, 4 story, 3 unit, brick townhouse in the heart of Boerum Hill, right off Smith Street. Opportunities abound in this townhouse, it is currently configured as an owner's garden duplex with 2 rental apts on the 3rd and 4th floor, making for a great owner occupied property with additional rental income to subsidize your mortgage, a perfect restoration to a grand single family or keep it as an investment property and have 3 high-end, free market rentals. Built circa 1899, this brick building is 20 x 40 on a 20 x 100 lot. The garden and parlor owners duplex exults charms of a country home with restored wide planks wood floors, exposed featured brick walls and open country kitchen. The parlor floor has high ceilings and is drenched with light. It also offers a South facing living room leading to a large open dining area and kitchen with huge counter tops overlooking a landscaped garden. There is also a full bathroom on this floor. The garden level of the duplex has two well sized bedrooms and a large renovated bathroom with deep soaking bathtub. This level leads out to an wonderful, deep, lush, landscaped garden -- an urban oasis. The third and fourth floors have bright and sunny 1.5 bedroom apartment on each floor. These apartments have great layout and are well maintained. The buildings mechanicals have been updated. Location couldnt be better -- prime Boerum Hill right off Smith Street -- it is within 1.5 block to all the iconic shops, restaurants and boutiques and nightlife on Smith and Court Streets. It is also 1/2 a block to the F & G trains. Approximate Annual Expenses for 2017: Taxes ($7,303), Insurance ($6,000), Gas Heat ($1,669), Water and Sewage ($1,200). Do not miss this rare opportunity to live and receive significant rental income to subsidize your mortgage or restore this amazing property to your beautiful dream home!

Last Agent to Sell the Property

Tom Le

Corcoran Group License #30LE0964704 Listed on: 03/14/2018

Corcoran Group

Co-Listed By

Edwin Chung

Corcoran Group License #40CH1044258

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,672

Year Built

  • Built in 1899

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Community Details

  • 3 Units
  • Boerum Hill Subdivision

Listing and Financial Details

  • Tax Block 391

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,672

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Cross Street: Smith/Hoyt
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Boerum Hill
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: MultiFamily

Beds/Baths

  • Bathrooms Integer: 4
  • Bedrooms: 6

Building Info

  • Units: 3
  • Year Built: 1899

Tax Info

  • Tax Block: 391

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2018
Closed on
Aug 7, 2018
Sold by
Cooper Justine and Stein Joseph
Bought by
Smith Yvette R Austin
Seller's Agent
Tom Le
Corcoran Group
List Price
$2,750,000
Sold Price
$2,750,000
Current Estimated Value
$3,908,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,158,005
Avg. Annual Appreciation
4.99%
Original Mortgage
$2,200,000
Outstanding Balance
$1,906,629
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,001,376

Purchase Details

Closed on
Dec 16, 2005
Sold by
Hirsch Julia
Bought by
Cooper Justine and Stein Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,850
Interest Rate
6.39%
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
Smith Yvette R Austin $2,750,000 --
Cooper Justine $999,999 --
Cooper Justine $999,999 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Yvette R Austin $2,200,000
Previous Owner Cooper Justine $149,850
Previous Owner Cooper Justine $6,496,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2018 08/07/18 Sold $2,750,000 0.0% $969 / Sq Ft
07/08/2018 07/08/18 Pending -- -- --
03/14/2018 03/14/18 For Sale $2,750,000 -- $969 / 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 $9,672 $215,520 $29,700 $185,820
2024 $9,672 $196,260 $29,700 $166,560
2023 $9,255 $202,380 $29,700 $172,680
2022 $8,583 $191,760 $29,700 $162,060
2021 $9,049 $190,260 $29,700 $160,560
2020 $6,698 $195,480 $29,700 $165,780
2019 $8,394 $163,800 $29,700 $134,100
2018 $7,742 $37,977 $6,210 $31,767
2017 $7,304 $35,830 $6,424 $29,406
2016 $7,163 $35,830 $6,731 $29,099
2015 $4,077 $35,432 $9,571 $25,861
2014 $4,077 $33,440 $10,838 $22,602
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10049199

Real Estate Board of New York (REBNY)

APN: 00391-0050