NOT LISTED FOR SALE

Estimated Value: $3,468,763 - $5,091,000

6 Beds
4 Baths
4,656 Sq Ft
$960/Sq Ft Est. Value

Last Sold November 29, 2021

Last sale price $2,900,000 $623 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $23,854/month

201 Days on Market

About This Home

As of November 2021

An elegant gem in prime Park Slope! Elevate your lifestyle and enjoy monthly income at 399 First Street, a fabulous 3-unit townhouse presenting a spacious owner?s duplex and 2 rental apartments! This handsome limestone beauty sits on one of the most coveted streets in the neighborhood, just moments from Prospect Park. Gorgeous woodwork, rich hardwood floors, airy ceilings, thick moldings and exposed brick are among wonderful classic elements found throughout the home.

Light from triple exposures pours into the generous duplex residence that?s been finely renovated, and occupies the parlor and lower levels. Up the front stoop awaits expansive living, and a perfect setting for entertaining. Off the vestibule sits a king-size bedroom brightened by large front-facing windows. Beyond is an oversized living room, an office area, full bath with soaking tub and shower, plus a gracious dining room and eat-in chef?s kitchen with stainless steel appliances. A doorway opens to a deck where you can relax and sip coffee, leading to the inviting rear landscaped garden. The stunning English basement extends the comfort with a second room used for sleeping, additional living/media room, and sizable storage and mechanical rooms. The versatile layout affords numerous options for usable space that meets your needs.

Impeccably designed 2nd and 3rd floor apartments are floor-through, well-proportioned, and bathed in natural light. Both have similar layouts that are very desirable offering a huge bedroom in front with triple windows, sleeping alcove, den/study, hall with closets and full bath, sizable living room and stylish eat-in kitchen. Each apartment is equipped with its own washer-dryer, and accesses an amazing roof deck for outdoor enjoyment. If location tops your list, this home checks all the boxes being minutes to Key Food, great shops and restaurants along 7th Avenue, Prospect Park West, Grand Army Plaza, the subway and so much more!

Last Agent to Sell the Property

Jackie Torren

Corcoran Group License #10401256884 Listed on: 01/26/2021

Corcoran Group

Co-Listed By

Charlie Pigott

Corcoran Group License #10301210078

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1901

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • 4-Story Property
  • Lot Dimensions are 80.0 x 14.0

Community Details

  • 3 Units
  • Park Slope Subdivision

Listing and Financial Details

  • Tax Block 966

Property Details

Home Type

Multi-Family

Year Built

Built in 1901

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 6th Avenue & 7th Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Park Slope
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Beds/Baths

  • Full Bathrooms: 4
  • Bathrooms Integer: 4
  • Bedrooms: 6

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 80.0 x 14.0

Building Info

  • Units: 3
  • Total Stories: 4
  • Year Built: 1901

Tax Info

  • Tax Block: 966

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2021
Closed on
Nov 23, 2021
Sold by
Leahy Linda and Leahy Robert
Bought by
399 1St Street Llc
Seller's Agent
Jackie Torren
Corcoran Group
List Price
$3,495,000
Sold Price
$2,900,000
Premium/Discount to List
-$595,000
-17.02%
Current Estimated Value
$4,471,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,571,441
Avg. Annual Appreciation
10.67%
Original Mortgage
$1,740,000
Outstanding Balance
$1,590,830
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,880,611

Purchase Details

Closed on
Mar 25, 1997
Sold by
Vasquez Norris
Bought by
Leahy Robert and Leahy Linda

Purchase Details

Closed on
Mar 17, 1997
Sold by
Vasquez Jose
Bought by
Vasquez Norris
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
399 1St Street Llc $2,900,000 --
399 1St Street Llc $2,900,000 --
399 1St Street Llc $2,900,000 --
Leahy Robert $422,000 Chicago Title Insurance Co
Leahy Robert $422,000 Chicago Title Insurance Co
Vasquez Norris -- Chicago Title Insurance Co
Vasquez Norris -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 399 1St Street Llc $1,740,000
Closed 399 1St Street Llc $1,740,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2021 11/29/21 Sold $2,900,000 -17.0% $623 / Sq Ft
01/26/2021 01/26/21 For Sale $3,495,000 -- $751 / 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 $10,104 $291,660 $34,260 $257,400
2024 $10,104 $396,180 $34,260 $361,920
2023 $9,692 $350,160 $34,260 $315,900
2022 $9,012 $330,300 $34,260 $296,040
2021 $7,720 $255,000 $34,260 $220,740
2019 $7,034 $284,940 $34,260 $250,680
2018 $6,426 $39,770 $5,907 $33,863
2017 $6,622 $37,621 $8,003 $29,618
2016 $6,468 $37,621 $7,362 $30,259
2015 $3,641 $37,024 $9,052 $27,972
2014 $3,641 $34,934 $8,098 $26,836
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10694274

Real Estate Board of New York (REBNY)

APN: 00966-0076

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