363 Franklin Ave Brooklyn, NY 11238
Bed-Stuy Neighborhood
7
Beds
7
Baths
3,798
Sq Ft
961
Sq Ft Lot
Highlights
- Wood Flooring
- Private Yard
- 4-minute walk to Lafayette Gardens Playground
- High Ceiling
- No Heating
About This Home
As of August 2024BED STUY/ CLINTON HILL 3 FAMILY TOWNHOUSE
LOCATION... LOCATION... LOCATION...
20 BY 55 HOUSE
20 BY 100 LOT SIZE
3 UNITS WITH BONUS STUDIO SPACE
Monthly Rent (Current. All 3 leases expire on July 31, 2024)
1: $3,750
2: $3,025
3. $3,450
Total Revenue: $10,225 pm ($122,700 annual)
RE Taxes: $13,537 (2023/24)
Insurance: $3,500 (2023/24)
Total Tax + Insurance: $17,037
Total Income: $105,663
Projected Market Rent for (2024/25)
1: $3,900
2: $3,200
3: $3,550
Total: 10,650 pm ($127,800 annual)
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,536
Year Built
- Built in 2010
Lot Details
- 961 Sq Ft Lot
- Lot Dimensions are 961 x 1
- Private Yard
HOA Fees
- Condo Association YN
Interior Spaces
- 3,798 Sq Ft Home
- 3-Story Property
- High Ceiling
- Wood Flooring
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Full Bathrooms
Utilities
- No Cooling
- No Heating
Community Details
- 3 Units
- Bedford Stuyvesant Subdivision
Listing and Financial Details
- Legal Lot and Block 4 / 01971
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 23, 2024
Closed on
Aug 19, 2024
Sold by
Shah Shikhar S
Bought by
Brooklyn Twhs Llc
Seller's Agent
Ante Jakic
Compass
List Price
$2,350,000
Sold Price
$1,855,000
Premium/Discount to List
-$495,000
-21.06%
Total Days on Market
110
Views
39
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,508
Avg. Annual Appreciation
13.97%
Purchase Details
Closed on
Jun 30, 2015
Sold by
Niasse Ndeye Anta
Bought by
Shah Shikhar S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 15, 2010
Sold by
Mazal 37 Corp
Bought by
Niasse Ndeye Anta
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$802,800
Interest Rate
4.61%
Purchase Details
Closed on
May 28, 2008
Sold by
Stevens James F and Stevens Mary F
Bought by
Mazal 37 Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Map
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,855,000 | -- | |
| Deed | $1,850,000 | -- | |
| Deed | $1,850,000 | -- | |
| Deed | $823,750 | -- | |
| Deed | $280,000 | -- | |
| Deed | $280,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,260,000 | Purchase Money Mortgage | |
| Previous Owner | $802,800 | No Value Available | |
| Previous Owner | $100,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/19/2024 08/19/24 | Sold | $1,855,000 | -7.3% | $488 / Sq Ft |
| 06/13/2024 06/13/24 | Pending | -- | -- | -- |
| 06/11/2024 06/11/24 | Price Changed | $2,000,000 | +0.3% | $527 / Sq Ft |
| 04/30/2024 04/30/24 | Price Changed | $1,995,000 | -8.7% | $525 / Sq Ft |
| 04/01/2024 04/01/24 | Price Changed | $2,185,000 | -7.0% | $575 / Sq Ft |
| 02/23/2024 02/23/24 | For Sale | $2,350,000 | -- | $619 / 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 |
|---|---|---|---|---|
| 2024 | $13,640 | $137,160 | $14,040 | $123,120 |
| 2023 | $13,688 | $136,320 | $14,040 | $122,280 |
| 2022 | $12,694 | $135,900 | $14,040 | $121,860 |
| 2021 | $12,624 | $140,400 | $14,040 | $126,360 |
| 2020 | $5,920 | $152,040 | $14,040 | $138,000 |
| 2019 | $11,839 | $127,620 | $14,040 | $113,580 |
| 2018 | $11,450 | $56,167 | $8,947 | $47,220 |
| 2017 | $10,802 | $52,988 | $8,355 | $44,633 |
| 2016 | $9,993 | $49,989 | $10,644 | $39,345 |
| 2015 | $6,120 | $47,160 | $9,442 | $37,718 |
| 2014 | $6,120 | $47,160 | $11,325 | $35,835 |
Source: Public Records
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10988468
APN: 01971-0004
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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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