NOT LISTED FOR SALE

Estimated Value: $2,971,016 - $4,275,000

5 Beds
2 Baths
3,195 Sq Ft
$1,095/Sq Ft Est. Value

Last Sold June 27, 2024

Last sale price $2,950,000 $923 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $20,117/month

21 Days on Market

About This Home

As of June 2024

Bring your architect and discover your dream home at 391 2nd Street! Welcome to this captivating property nestled in the heart of prime Park Slope.

Built in 1901, this three-story, two-family brownstone exudes timeless appeal with its original pre-war details and elegant architecture. Boasting a generous footprint measuring 17.5 feet wide by 65 feet deep, the home presents a lucrative investment opportunity for potential sellers, with its spacious layout and potential rental income from the expansive garden floor unit. For buyers, envision the possibilities of Park Slope living as you explore the impressive owner's top duplex. Adorned with herringbone hardwood floors, skylights, and wooden-framed windows, the living space emanates warmth and sophistication. Entertain guests in the large eat-in kitchen and dining area, or retreat to the tranquil oasis of the three bedrooms upstairs.

Beyond the confines of the home, immerse yourself in the vibrant Park Slope community, where a myriad of restaurants, bars, cafes, and shops await your exploration. Indulge in the lush greenery of Prospect Park or peruse the offerings at the nearby farmers' market-all within easy reach of your new address. With convenient transportation options just moments away-including access to the R, F, and G trains-seamless connectivity ensures that the best of Brooklyn is always within reach. Whether you're a seller looking to showcase your property's potential or a buyer eager to make Park Slope your next home, 391 2nd Street offers an unparalleled opportunity to embrace the essence of Brooklyn living.Don't miss your chance to be part of this vibrant community-schedule your viewing today!

Last Agent to Sell the Property

Fumiko Akiyama

Corcoran Group License #10401277229 Listed on: 03/20/2024

Corcoran Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,964

Year Built

  • Built in 1901

Lot Details

  • 1,750 Sq Ft Lot
  • Lot Dimensions are 100.00x17.50

Interior Spaces

  • 2-Story Property
  • Decorative Fireplace
  • Bonus Room with Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed
  • Washer Hookup

Utilities

  • No Cooling

Community Details

  • 2 Units
  • Park Slope Subdivision

Listing and Financial Details

  • Legal Lot and Block 0065 / 00970

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,964

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property SubType: Townhouse
  • Property Type: Residential
  • Neighborhood: Park Slope
  • Entry Level: 1
  • Structure Type: Townhouse
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace Features: Bedroom, Decorative
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area Units: Square Feet
  • Rooms (Total): 10
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 5

Exterior Features

  • View: Other
  • View: No
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other, Washer Hookup, In Unit
  • Green Building Features: Green Building
  • Cooling: No

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 1750.0
  • Lot Size Dimensions: 100.00x17.50

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 2
  • Total Stories: 2
  • Year Built: 1901

Tax Info

  • Tax Block: 00970
  • Tax Lot: 0065
  • Tax Annual: 8964.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2024
Closed on
Jun 27, 2024
Sold by
Estate Of Norah C Chase and Gabrielle Ettlinger As Executor
Bought by
Herman Elizabeth and Herman Jacob
Seller's Agent
Fumiko Akiyama
Corcoran Group
List Price
$2,890,000
Sold Price
$2,950,000
Premium/Discount to List
$60,000
2.08%
Views
32
Current Estimated Value
$3,499,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$549,504
Avg. Annual Appreciation
17.20%
Original Mortgage
$2,212,500
Outstanding Balance
$2,190,155
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,317,126

Purchase Details

Closed on
Mar 29, 1995
Sold by
Chase Norah C
Bought by
Chase Norah C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.49%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Herman Elizabeth $2,950,000 --
Chase Norah C $58,500 Commonwealth Land Title Ins
Chase Norah C -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herman Elizabeth $2,212,500
Previous Owner Chase Norah C $79,455
Previous Owner Chase Norah C $150,000
Previous Owner Chase Norah C $33,652
Previous Owner Chase Norah C $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2024 06/27/24 Sold $2,950,000 +2.1% $923 / Sq Ft
04/15/2024 04/15/24 Pending -- -- --
03/24/2024 03/24/24 For Sale $2,890,000 -- $905 / 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 $9,477 $266,340 $38,400 $227,940
2024 $9,477 $247,920 $38,400 $209,520
2023 $9,058 $233,520 $38,400 $195,120
2022 $8,382 $223,260 $38,400 $184,860
2021 $8,390 $244,860 $38,400 $206,460
2020 $6,293 $211,920 $38,400 $173,520
2019 $8,177 $206,700 $38,400 $168,300
2018 $7,517 $38,336 $7,874 $30,462
2017 $7,077 $36,187 $6,362 $29,825
2016 $6,566 $34,395 $6,849 $27,546
2015 $3,898 $34,387 $8,597 $25,790
2014 $3,898 $33,740 $10,122 $23,618
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10976528

Real Estate Board of New York (REBNY)

APN: 00970-0065