NOT LISTED FOR SALE

Estimated Value: $3,849,000 - $5,561,000

4 Beds
5 Baths
4,000 Sq Ft
$1,182/Sq Ft Est. Value

Last Sold July 30, 2018

Last sale price $4,200,000 $1,050 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $26,824/month

260 Days on Market

About This Home

As of July 2018

378 Douglass Street is a magnificently renovated modern townhouse on one of the North Slope's most desirable blocks. This home offers approximately 4000 square feet spread over five floors with multiple grand family rooms, 4 huge bedrooms all with en-suite baths, multiple outdoor spaces, and luxurious finishes.

The parlor floor greets you with a huge 50' loft-like living/dining room with a working fireplace and wonderful natural light. The magnificently appointed kitchen overlooks the rear garden with custom shaker cabinetry, Thermador appliances, and stone counters. This floor also has lovely power room. Off the kitchen, there is a stair down to the south facing rear yard, with custom landscaping by Red Fern.

The garden level contains a huge family room/children's playroom and room for a gym. There is an additional powder room and steps out to the yard. This floor has very tall ceilings and gets excellent natural light.

Above the parlor floor is yet another massive family/home theater room with wet bar. This floor also has a huge guest bedroom suite overlooking the yard. The fourth floor contains two additional ample bedroom suites. The master suite occupies the entire top floor with vaulted cathedral ceilings, a wet bar, his and her closets, two skylights, and a huge 5 piece marble master bath. This floor also contains a north facing terrace with city views. This home has been renovated to a very high degree with wide plank white oak floors, Waterworks fixtures, custom closets, multi-zone central AC, radiantly heated bathrooms, 1.875? solid doors, and double paned Pella windows. The front façade has been constructed of distinctive reclaimed brick and the south façade is predominantly glazed for superb light

Located in the best part of the North Slope, near the border with Boerum Hill, this new home is steps to excellent shopping and dining on bustling 5th Avenue, a short walk to Prospect Park and to the new Whole Foods Market, and incredibly close to Brooklyn's cultural / entertainment hub with The Barclays Center and the BAM cultural district. The 2, 3, 4, 5, Q, B, M, N, R, A, and C trains and the LIRR are all a very short walk. This home is of a rare caliber, size, and represents an excellent value for a new luxury home in this location.

Last Agent to Sell the Property

Alexander Maroni

Douglas Elliman Real Estate License #10301201619 Listed on: 10/04/2017

Douglas Elliman Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,074

Lot Details

  • 1,655

Home Design

  • 4,000 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Community Details

  • Parkslop Subdivision
  • 5-Story Property

Listing and Financial Details

  • Tax Block 946

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,074

Lot Details

0

Listing Details

  • Cross Street: 4th Avenue / 5th Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: PARKSLOP
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 5

Interior Features

  • Living Area: 4000.0
  • Living Area Units: Square Feet
  • Rooms (Total): 20

Beds/Baths

  • Bathrooms Integer: 5
  • Bedrooms: 4

Garage/Parking

  • Garage: No

Building Info

  • Units: 1
  • Total Stories: 5

Tax Info

  • Tax Block: 946

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2017
Closed on
Jul 27, 2018
Sold by
Bk Prop 378 Llc
Bought by
Aaltonen Elizabeth Ellen and Anders Erik Aaltonen Hans
Seller's Agent
Alexander Maroni
Douglas Elliman Real Estate
List Price
$4,250,000
Sold Price
$4,200,000
Premium/Discount to List
-$50,000
-1.18%
Current Estimated Value
$4,745,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$545,866
Avg. Annual Appreciation
1.71%
Original Mortgage
$3,360,000
Outstanding Balance
$2,930,120
Interest Rate
4.5%
Mortgage Type
Unknown
Estimated Equity
$1,802,758

Purchase Details

Closed on
Sep 14, 2016
Sold by
Bruccoli Mary
Bought by
Bk Prop 378 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,330,000
Interest Rate
3.43%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 1, 2011
Sold by
Bruccoli Arlyn F
Bought by
Bruccoli Mary

Purchase Details

Closed on
Nov 8, 2010
Sold by
Bruccoli Arlyn F
Bought by
Bruccoli Mary

Purchase Details

Closed on
Feb 17, 2009
Sold by
Bruccoli Arlyn F
Bought by
Bruccoli Arlyn F and Bruccoli Mary

Purchase Details

Closed on
Oct 7, 1999
Sold by
Rodriguez Benancio
Bought by
Braccoli Matthew J and Bruccoli Arlyn F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.71%
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
Aaltonen Elizabeth Ellen $4,200,000 --
Bk Prop 378 Llc $1,900,000 --
Bruccoli Mary -- --
Bruccoli Mary -- --
Bruccoli Arlyn F -- --
Braccoli Matthew J $305,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aaltonen Elizabeth Ellen $3,360,000
Previous Owner Bk Prop 378 Llc $511,000
Previous Owner Bk Prop 378 Llc $1,330,000
Previous Owner Bruccoli Matthew J $138,535
Previous Owner Braccoli Matthew J $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2018 07/30/18 Sold $4,200,000 -1.2% $1,050 / Sq Ft
06/30/2018 06/30/18 Pending -- -- --
10/12/2017 10/12/17 For Sale $4,250,000 -- $1,063 / 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 $10,074 $268,320 $23,640 $244,680
2024 $10,074 $211,920 $23,640 $188,280
2023 $9,609 $223,800 $23,640 $200,160
2022 $9,103 $230,520 $23,640 $206,880
2021 $9,256 $177,960 $23,640 $154,320
2020 $4,600 $148,740 $23,640 $125,100
2019 $8,879 $118,260 $23,640 $94,620
2018 $5,210 $25,557 $5,109 $20,448
2017 $4,918 $24,124 $6,897 $17,227
2016 $4,554 $22,780 $6,698 $16,082
2015 $2,745 $22,767 $7,143 $15,624
2014 $2,745 $21,496 $8,006 $13,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10043145

Real Estate Board of New York (REBNY)

APN: 00946-0027