NOT LISTED FOR SALE

Estimated Value: $2,615,463

3 Beds
3 Baths
2,650 Sq Ft
$987/Sq Ft Est. Value

Last Sold November 04, 2019

Last sale price $2,314,000 $873 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $15,281/month

341 Days on Market

Highlights

  • Pre War Building
  • 2-minute walk to Carroll Street
  • 2-minute walk to Carroll Park
  • P.S. 58 - The Carroll Rated A

About This Home

As of November 2019

Located on vibrant and charming Court Street, this property is surrounded by some of Brooklyns finest restaurants, prime markets, boutique shops, and financial institutions. The appeal of Court Street is found in its centrality and ease-of-access to neighborhood schools, parks, and subways, and buses.

This mixed-use building is set to be delivered vacant. With the zoning designations of R6A/C2-4, the property has a substantial and untapped ability for expansion. In addition to a full cellar, the building is currently configured with three units: one commercial and two residential. With an appealing financial profile (comprised of high income potential and low carrying costs), this building is well suited for a developer, investor or user. All cash only.

398 Court Street is poised to provide you with an excellent return on your investment!

Last Agent to Sell the Property

Janet Zimmerman

Brownstone Real Estate LLC License #10301208756 Listed on: 10/30/2018

Co-Listed By

Janet Guerra

Brownstone Real Estate LLC License #30GU1060547

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,370

Lot Details

  • 1,481

Home Design

  • Pre War Building

Interior Spaces

  • 2,650 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Cooling

Community Details

  • 3 Units
  • Carroll Gardens Subdivision

Listing and Financial Details

  • Tax Block 356

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,370

Lot Details

0

Listing Details

  • Cross Street: CARROLL ST.
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Carroll Gardens
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Living Area: 2650.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 3

Garage/Parking

  • Garage: No

Utilities

  • Cooling: None
  • Cooling: No

Building Info

  • Units: 3
  • Total Stories: 3

Tax Info

  • Tax Block: 356

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2018
Closed on
Nov 4, 2019
Sold by
Spinosa Frank
Bought by
Global Roots Realty Llc
Seller's Agent
Janet Zimmerman
Brownstone Real Estate LLC
List Price
$2,314,000
Sold Price
$2,314,000
Current Estimated Value
$2,615,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,463
Avg. Annual Appreciation
2.27%
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
Global Roots Realty Llc $2,314,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2022 04/20/22 Off Market $2,314,000 -- --
11/04/2019 11/04/19 Sold $2,314,000 0.0% $873 / Sq Ft
10/07/2019 10/07/19 Pending -- -- --
10/30/2018 10/30/18 For Sale $2,314,000 -- $873 / 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 $12,370 $202,380 $19,620 $182,760
2024 $12,370 $173,160 $19,620 $153,540
2023 $11,805 $171,720 $19,620 $152,100
2022 $10,814 $124,020 $19,620 $104,400
2021 $8,747 $116,640 $19,620 $97,020
2020 $64 $110,220 $19,620 $90,600
2019 $8,678 $95,820 $19,620 $76,200
2018 $7,978 $39,139 $9,616 $29,523
2017 $7,527 $36,924 $9,729 $27,195
2016 $6,964 $34,836 $11,017 $23,819
2015 $4,201 $34,836 $13,215 $21,621
2014 $4,201 $34,570 $15,744 $18,826
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10569147

Real Estate Board of New York (REBNY)

APN: 00356-0032