NOT LISTED FOR SALE

Estimated Value: $4,015,000 - $5,357,000

4 Beds
3.5 Baths
3,660 Sq Ft
$1,292/Sq Ft Est. Value

Last Sold July 11, 2022

Last sale price $3,910,000 $1,068 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $25,530/month

41 Days on Market

About This Home

As of July 2022

PRICE ADJUSTMENT!
Enjoy your own piece of countryside-in-Brooklyn in the wide and deep park-like backyard of this 25 foot wide four-story clapboard house, a novel and tastefully designed home close to all the area's great restaurants and boutiques, as well as the dance, theatre, film, cabaret and musical excitement of BAM, sports and events at Barclays Center, heart-stopping views from the Brooklyn Heights Promenade and more than a dozen subway lines and the LIRR.

With a Certificate of Occupancy for two units, 358 State Street is set up as a triplex residence above a garden-level simplex rental unit. Both units have direct walkout access to the backyard garden. The house offers generous spaces typical of one with 25 foot frontage, and the oversized windows throughout the triplex drench the rooms with front and rear sunlight.

The triplex consists of a full-floor open space greatroom on the parlor level, with a grand living area with 80 inch windows and a beautiful working modern fireplace that helps make winter worthwhile, a large formal dining area with a floor to ceiling rear glass wall and entrance to the large deck and backyard/garden beyond. There is a separate full-sized kitchen with Fisher & Paykal, Bosch and Jenn-Air appliances and a floor to ceiling window overlooking the backyard.

The second floor of the triplex is a floor-length primary suite, consisting of primary bedroom, bathroom with large bathtub and separate stall shower, sitting/tv room with a wall of bookcases (or use it as a second or guest bedroom) and a separate den/office. This suite has six full-size closets, plus two floor to ceiling shoe closets.

The top floor has a large bedroom and extremely large 2nd living room/gameroom with fireplace, which could easily be converted to one or possibly two additional bedrooms. Ceiling height in this extraordinary space is twelve and a half feet. There is also an area used as pantry, storage and wetbar, with sink and stove, used as an additional food preparation area for the top floor, that could be converted to closet, office or storage space. This floor has seven closets and a shoe closet, as well as two floor to ceiling bookcases.

The garden simplex rental unit has a separate entrance, a living/dining room with beamed ceilings, working fireplace and floor to ceiling rear glass wall with sliding door leading to the terrace/backyard, a large bedroom, kitchen and separate spare room/office.

One of the earliest existing homes in this or many other parts of New York City, the building was constructed in 1831, within living memory of the Revolutionary War and the nearby Battle of Brooklyn. The current owner has lovingly maintained and continuously updated the building since purchasing it from the previous owner, who had completely renovated and transformed it into a modern, sophisticated home of refined, unique design. Indicative of the design's interest, the house was specifically selected to form part of the distinctive visual background for Wes Anderson's "The Royal Tenenbaums."

Recent updates to the building include new central air conditioning and heating throughout, a new furnace and hot water heater, new main electrical panels, and a new roof, all within the past 4 years. Flooring is oak and ash throughout.

358 State is located on a beautiful tree-lined street (previous winner of Greenest Block in Brooklyn Awards) filled with both 19th century and new townhouses, in a neighborhood filled with wonderful and varied restaurants and boutiques on Smith Street and Atlantic Avenue, the varied shopping of Fulton Mall and Atlantic Terminal, including the food court at City Point, great grocery and specialty food shopping including Sahadi's and Whole Foods, and is midway between the nearby Atlantic Terminal (Target, Victoria's Secret, etc)/Barclays Center/Brooklyn Academy of Music (BAM Cultural District) complex and Brooklyn Heights. The A,B,C,D,F,G,Q,R,2,3,4,5,6 subway and multiple bus lines as well as the LIRR service the neighborhood.

Last Agent to Sell the Property

Jay Molishever

Corcoran Group License #10301200129 Listed on: 10/05/2021

Corcoran Group

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,483

Home Design

Interior Spaces

  • 3,660 Sq Ft Home
  • 3-Story Property
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 4 Bedrooms

Community Details

  • 2 Units
  • Boerum Hill Subdivision

Property Details

Home Type

Multi-Family

Lot Details

2,483 Sq Ft Lot

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Boerum Hill
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 3660.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 4

Garage/Parking

  • Garage: No

Building Info

  • Units: 2
  • Total Stories: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2021
Closed on
Jul 11, 2022
Sold by
Kay Jonathan
Bought by
Barlis Alan and Naci Susan
Seller's Agent
Jay Molishever
Corcoran Group
List Price
$4,350,000
Sold Price
$3,910,000
Premium/Discount to List
-$440,000
-10.11%
Current Estimated Value
$4,728,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$818,353
Avg. Annual Appreciation
5.29%
Original Mortgage
$2,932,500
Outstanding Balance
$2,794,950
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,933,403
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Barlis Alan $3,910,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barlis Alan $2,932,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2022 10/09/22 Off Market $3,910,000 -- --
07/11/2022 07/11/22 Sold $3,910,000 -10.1% $1,068 / Sq Ft
01/18/2022 01/18/22 For Sale $4,350,000 -- $1,189 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $11,131 $301,320 $34,680 $266,640
2024 $11,131 $257,400 $34,680 $222,720
2023 $11,169 $288,720 $34,680 $254,040
2022 $10,358 $268,800 $34,680 $234,120
2021 $10,301 $267,540 $34,680 $232,860
2019 $9,661 $299,520 $34,680 $264,840
2018 $9,045 $45,831 $5,437 $40,394
2017 $8,514 $43,238 $5,544 $37,694
2016 $7,845 $40,791 $6,545 $34,246
2015 $4,700 $38,485 $9,164 $29,321
2014 $4,700 $38,485 $10,836 $27,649
Source: Public Records

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10782240

Real Estate Board of New York (REBNY)

APN: 00177-0013

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