NOT LISTED FOR SALE

Estimated Value: $1,091,000 - $2,225,000

5 Beds
4 Baths
3,200 Sq Ft
$494/Sq Ft Est. Value

Sale Details

Date Sold: December 21, 2017

Last sale price $1,599,000 $500 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $8,954 / mo

195 Days on Market

Highlights

  • Terrace
  • Garden
  • 3-minute walk to Kosciuszko Street

About This Home

As of December 2017

38 Kossuth Place is a meticulously renovated three story two family townhouse that would wow even the most discerning buyer- it is absolutely a one of a kind Brooklyn townhouse. This truly spectacular property has been thoughtfully designed to offer top of the line finishes and is incredibly spacious while maximizing its functional layout- not a single detail has been overlooked. Configured as a 3 bedroom with two full baths and two half baths owners duplex plus finished basement over a 2 bedroom, 1 bath rental on the garden floor. The stunning owner's duplex is flooded with light through its oversized floor to ceiling windows and doors offering expansive and leafy views. This townhouse benefits from all the finishes and grandeur of a townhouse layout in addition to many modern conveniences- including 3 Zone electric central heating and cooling, recessed lighting throughout, and an airy, loft-like feel.

Upon entry, the sunny and bright parlor floor opens to a grand open living room with a fireplace which seamlessly flows into a spacious dining room and leads further into an oversized state of the art chef's kitchen. The kitchen features massive floor to ceiling glass doors that open out onto your private deck and beautiful backyard with mature trees. This custom kitchen showcases top of the line finishes including an abundance of well-crafted and thoughtfully designed custom cabinets, high-end stainless steel appliances, and exotic marble countertops.

The second floor of the owners duplex features a spacious and airy master bedroom with an en suite spa-like bathroom with large shower and a deep soaking tub, all complete with a huge 260 square foot private terrace! This floor continues to another bright bedroom complete with a skylight, window and nice sized closet. Continue along the floor and you'll find a large third bedroom with massive windows with a large, exquisitely tiled second full bathroom directly next to it.

The high-end garden duplex rental features hardwood floors, stainless steel appliances, washer/dryer hook up and also leads directly to a private rear garden, creating the potential for an incredible flow of rental income- approximately $2,800 + per month to cover a nice portion of a mortgage.

38 Kossuth place is situated between Broadway and Bushwick Avenues on the Bed Stuy / Bushwick border in one of the most central locations in Bushwick. Conveniently located just a block and a half from the Kosciuzko Street Subway Station, a quick bike ride from Williamsburg, and a short walk to many excellent restaurants, bars, parks, and playgrounds. Do not miss out on this stunning, one of a kind masterpiece home!

Last Agent to Sell the Property

Alexander Maroni

Douglas Elliman Real Estate License #10301201619 Listed on: 05/08/2017

Douglas Elliman Real Estate

Co-Listed By

Dennis Cetinkaya

Douglas Elliman Real Estate License #10401270576

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,004

Home Design

Interior Spaces

  • 3,200 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • Terrace
  • Garden

Community Details

  • 2 Units
  • Busk Subdivision

Listing and Financial Details

  • Tax Block 3263

Property Details

Home Type

Multi-Family

Lot Details

2,004 Sq Ft Lot

Listing Details

  • Cross Street: Bushwick Ave & Broadway
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: BUSK
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Living Area: 3200.0
  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Integer: 4
  • Bedrooms: 5

Exterior Features

  • Exterior Features: Garden
  • Patio/Porch Features: Terrace

Building Info

  • Units: 2
  • Total Stories: 3

Tax Info

  • Tax Block: 3263

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2017
Closed on
Dec 21, 2017
Sold by
Slick Bin Llc
Bought by
Kossuth Llc
Seller's Agent
Alexander Maroni
Douglas Elliman Real Estate
List Price
$1,699,000
Sold Price
$1,599,000
Premium/Discount to List
-$100,000
-5.89%
Current Estimated Value
$1,581,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,905
Avg. Annual Appreciation
-0.14%
Original Mortgage
$899,000
Outstanding Balance
$757,075
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$824,020

Purchase Details

Closed on
Aug 8, 2016
Sold by
Ullah Rita
Bought by
Slick Bin Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
3.48%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Kossuth Llc $1,599,000 --
Slick Bin Llc $380,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kossuth Llc $899,000
Previous Owner Slick Bin Llc $430,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2017 12/21/17 Sold $1,599,000 -5.9% $500 / Sq Ft
11/21/2017 11/21/17 Pending -- -- --
05/09/2017 05/09/17 For Sale $1,699,000 -- $531 / 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 $6,168 $96,120 $17,640 $78,480
2024 $6,168 $91,200 $17,640 $73,560
2023 $5,884 $84,840 $17,640 $67,200
2022 $5,456 $80,880 $17,640 $63,240
2021 $5,676 $86,640 $17,640 $69,000
2019 $5,623 $96,960 $17,640 $79,320
2018 $5,115 $26,554 $5,033 $21,521
2017 $796 $5,373 $1,781 $3,592
2016 $704 $5,073 $2,171 $2,902
2015 $392 $5,073 $2,442 $2,631
2014 $392 $4,999 $2,211 $2,788
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10062420

Real Estate Board of New York (REBNY)

APN: 03263-0025

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