NOT LISTED FOR SALE

372 Jefferson Ave Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $1,727,000 - $2,896,000

6 Beds
4 Baths
3,600 Sq Ft
$694/Sq Ft Est. Value

Last Sold July 09, 2018

Last sale price $2,200,000 $611 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $13,321/month

99 Days on Market

About This Home

As of July 2018

Rarely available majestic 4 family Brownstone on coveted Jefferson Avenue in Bedford Stuyvesant, Brooklyn. Built 20' x 45' on a 100' lot, this property still retains a lot of the original period details, including original hardwood floors, pockets doors & shutters, french doors with transom & fretwork, six 6 decorative fireplaces and a pier mirror in the foyer. All four bathrooms and kitchens have been tastefully renovated. Each unit has a separate gas and electric meter. Conveniently located close to Peaches Hot House, Lover's Rock, Bed Vyne Cocktail and Tepache. Easy access to the "C" train at Kingston-Throop Ave., the LIRR at Nostrand Ave and a variety of shops, banks and cafes on Fulton Street. Please contact the exclusive broker to schedule an appointment to view.

Last Agent to Sell the Property

Ban Leow

Nest Seekers LLC License #40LE1126431 Listed on: 03/01/2018

Nest Seekers LLC

Co-Listed By

Howard Ramlal

Nest Seekers LLC License #40RA1043997

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,004

Home Design

Interior Spaces

  • Decorative Fireplace

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Community Details

  • 4 Units
  • Bedford Stuyvesant Subdivision

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Bedford-Stuyvesant
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Features: Decorative
  • Fireplace: Yes

Beds/Baths

  • Bathrooms Integer: 4
  • Bedrooms: 6

Building Info

  • Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2018
Closed on
Jul 9, 2018
Sold by
372 Jefferson Llc
Bought by
Eng Jeffrey and Lew Lisa
Seller's Agent
Ban Leow
Nest Seekers LLC
List Price
$2,100,000
Sold Price
$2,200,000
Premium/Discount to List
$100,000
4.76%
Current Estimated Value
$2,499,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,333
Avg. Annual Appreciation
1.71%
Original Mortgage
$1,650,000
Outstanding Balance
$1,423,964
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,075,369

Purchase Details

Closed on
Jan 21, 2016
Sold by
Bakx Erwin
Bought by
372 Jefferson Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,187
Interest Rate
3.98%
Mortgage Type
Commercial

Purchase Details

Closed on
May 8, 2008
Sold by
Estate Of Una Bey and Upshur Executrix
Bought by
Bakx Erwin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$652,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 1997
Sold by
Jemmott Ii John B
Bought by
Bey Una Pearl
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
Eng Jeffrey $2,200,000 --
Eng Jeffrey $2,200,000 --
372 Jefferson Llc -- --
372 Jefferson Llc -- --
Bakx Erwin $815,000 --
Bakx Erwin $815,000 --
Bey Una Pearl $16,000 Commonwealth Land Title Ins
Bey Una Pearl $16,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eng Jeffrey $1,650,000
Closed Eng Jeffrey $1,650,000
Previous Owner 372 Jefferson Llc $238,187
Previous Owner Bakx Erwin $652,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2018 07/09/18 Sold $2,200,000 +4.8% $611 / Sq Ft
06/09/2018 06/09/18 Pending -- -- --
03/01/2018 03/01/18 For Sale $2,100,000 -- $583 / 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 $4,576 $119,220 $16,380 $102,840
2024 $4,576 $106,260 $16,380 $89,880
2023 $4,366 $108,780 $16,380 $92,400
2022 $4,248 $116,340 $16,380 $99,960
2021 $4,230 $114,180 $16,380 $97,800
2020 $2,102 $118,860 $16,380 $102,480
2019 $3,972 $97,140 $16,380 $80,760
2018 $3,652 $17,914 $2,782 $15,132
2017 $3,615 $17,733 $2,887 $14,846
2016 $3,348 $16,748 $3,438 $13,310
2015 $2,018 $16,744 $3,876 $12,868
2014 $2,018 $15,823 $4,394 $11,429
Source: Public Records

Agents Affiliated with this Home

  • Ban Leow

    Seller's Agent in 2018

    Ban Leow

    Nest Seekers LLC

    (917) 607-3838

    8 in this area

    13 Total Sales

    Ban Leow
    Section Image
  • Howard Ramlal

    Seller Co-Listing Agent in 2018

    Howard Ramlal

    Nest Seekers LLC

    (917) 414-4896

    10 in this area

    15 Total Sales

    Howard Ramlal
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10467573

Real Estate Board of New York (REBNY)

APN: 01835-0020

New York Kings County Brooklyn 11221 Bed-Stuy

372 Jefferson Ave, Brooklyn, NY

Not Listed for Sale

MultiFamily

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