NOT LISTED FOR SALE

397 Jefferson Ave Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $2,294,000 - $2,592,000

7 Beds
5 Baths
3,200 Sq Ft
$761/Sq Ft Est. Value

Last Sold October 20, 2021

Last sale price $2,247,300 $702 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $13,233/month

56 Days on Market

About This Home

As of October 2021

Old world charm meets modern practicality in this four story, three family brownstone townhouse. The property features two, floor through, 1.5 bedroom apartments which generate passive income over an owner's triplex. The home showcases original, period details including hand carved, solid wood entryway, pocket doors, wainscoting, crown moldings, decorative fireplace mantles and mirrors. The rental apartments have been fully renovated with modern kitchens and bathrooms, hardwood and parquet floors with qualified tenants in place. The triplex maintains access from the garden level to a spacious and inviting backyard. Situated in the Bedford-Stuyvesant enclave of Brooklyn, the area enjoys access to a thriving retail and restaurant scene, the A/C train line, LIRR, and the picturesque streets of Brownstone Brooklyn.

Last Agent to Sell the Property

Kashif Khan

Compass License #10401232424 Listed on: 01/18/2021

Compass

Co-Listed By

Kristen Jock

Compass License #10301209234

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,008

Year Built

  • Built in 1915

Lot Details

  • Lot Dimensions are 20.0 x 100.0

Home Design

  • Pre War Building

Interior Spaces

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

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Community Details

  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Legal Lot and Block 51 / 1830

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,008

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Cross Street: Tompkins Avenue/Throop Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Bedford Stuyvesant
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4

Interior Features

  • Equipment (Other): Intercom
  • Living Area: 3200.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 5
  • Bathrooms Integer: 5
  • Bedrooms: 7

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 20.0 x 100.0

Building Info

  • Total Stories: 4
  • Year Built: 1915

Tax Info

  • Tax Block: 1830
  • Tax Lot: 51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2021
Closed on
Oct 20, 2021
Sold by
Labidou Lucerne
Bought by
Christian Pastrana and Pastrana Erin
Seller's Agent
Kashif Khan
Compass
List Price
$2,247,300
Sold Price
$2,247,300
Current Estimated Value
$2,436,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,096
Avg. Annual Appreciation
2.03%
Original Mortgage
$1,573,110
Outstanding Balance
$1,436,191
Interest Rate
2.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,000,205

Purchase Details

Closed on
May 15, 2019
Sold by
397 Jefferson Ave Llc
Bought by
Labidou Lucerne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,090,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2015
Sold by
Labidou Lucerne
Bought by
397 Jefferson Ave Llc
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
Christian Pastrana $2,247,300 --
Labidou Lucerne -- --
397 Jefferson Ave Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Christian Pastrana $1,573,110
Previous Owner Labidou Lucerne $1,090,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2021 10/20/21 Sold $2,247,300 0.0% $702 / Sq Ft
07/07/2021 07/07/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $2,247,300 -- $702 / 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 $5,008 $90,300 $16,380 $73,920
2024 $5,008 $106,200 $16,380 $89,820
2023 $3,253 $114,960 $16,380 $98,580
2022 $2,907 $125,940 $16,380 $109,560
2021 $4,410 $105,540 $16,380 $89,160
2020 $3,308 $89,400 $16,380 $73,020
2019 $4,347 $89,400 $16,380 $73,020
2018 $3,999 $19,615 $4,216 $15,399
2017 $3,773 $18,511 $3,421 $15,090
2016 $3,491 $17,464 $4,358 $13,106
2015 $2,106 $17,464 $5,331 $12,133
2014 $2,106 $17,317 $5,832 $11,485
Source: Public Records

Agents Affiliated with this Home

  • Kashif Khan

    Seller's Agent in 2021

    Kashif Khan

    Compass

    (718) 909-8003

    5 in this area

    25 Total Sales

    Kashif Khan
    Section Image
  • Kristen Jock

    Seller Co-Listing Agent in 2021

    Kristen Jock

    Compass

    (518) 859-3056

    4 in this area

    35 Total Sales

    Kristen Jock
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10717459

Real Estate Board of New York (REBNY)

APN: 01830-0051

New York Kings County Brooklyn 11221 Bed-Stuy

397 Jefferson Ave, Brooklyn, NY

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