NOT LISTED FOR SALE

Estimated Value: $2,831,000 - $4,249,095

5 Beds
5 Baths
3,332 Sq Ft
$1,045/Sq Ft Est. Value

Last Sold October 22, 2018

Last sale price $2,675,000 $803 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $20,758/month

127 Days on Market

Highlights

  • Garden
  • 5-minute walk to Union Street
  • 3-minute walk to Park Slope Playground
  • P.S. 282 Park Slope Rated A

About This Home

As of October 2018

Welcome to 400 Douglass St. This unique, two family brick home in excellent condition offers an amazing amount of space, inside and out. Built in 2005, it offers two separate double duplexes, each complete with its own mechanicals. This is a perfect home for someone who wants a true 2 family with a sizeable rental income or for parties that wish to purchase together as it offers 2 apartments that are very similar in square footage. Each duplex is approximately 1650 square feet-the garden duplex has 2 bedrooms, 2.5 baths with backyard and a balcony and the upper duplex has 3 bedrooms, 1.5 baths, with two balconies and the potential for a full roofdeck!

Enter the garden level to find the lower duplex. This consists of a large living room, the requisite half bath, a huge eat-in-kitchen with bluestone tiles, warm oak cabinetry, and stainless appliances. Then find a door to the patio for your grilling pleasure and a super lush backyard! Go upstairs and you'll find two huge bedrooms-each with a private bath, one with a Jacuzzi tub. The master bedroom is more spacious, and has a balcony overlooking the backyard.

The upper duplex is truly tranquil. You'll find an oversized open living/dining room with 3 large windows drenching the this floor with light. The eat-in-kitchen is also quite spacious, with doors to a balcony for you to enjoy your morning coffee or a glass of wine. Upstairs you'll find three bedrooms. The sun-drenched top floor is amazing. The master bedroom has double glass doors that open onto its own private balcony and it has a wall of closets. There is a nicely sized second bedroom and the third bedroom is a great interior room with a skylight. You'll find a circular stair that leads to the roof-with the potential for a fabulous roof deck with great views!

This is a great home, located in North Park Slope, right off 5th Avenue's restaurant row, near all major transit lines, Prospect Park, the Barclay's Center, and all amenities and necessities.

Last Agent to Sell the Property

Carolyn Cedar

Compass License #10301206764 Listed on: 05/16/2018

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,764

Year Built

  • Built in 2004

Lot Details

  • Garden

Interior Spaces

  • 3,332 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Tax Block 946

Community Details

Overview

  • 2 Units
  • Parkslop Subdivision

Building Details

  • Water Sewer Expense $800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,764

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Cross Street: Fourth & Fifth Avenues
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: PARKSLOP
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Living Area: 3332.0
  • Living Area Units: Square Feet
  • Rooms (Total): 9

Beds/Baths

  • Bathrooms Integer: 5
  • Bedrooms: 5

Exterior Features

  • Exterior Features: Garden

Garage/Parking

  • Garage: No

Fee Information

  • Annual Water Sewer Expense: 800.0

Building Info

  • Units: 2
  • Total Stories: 4
  • Year Built: 2004

Tax Info

  • Tax Block: 946

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2018
Closed on
Oct 19, 2018
Sold by
Cohen Matthew and Kim Sung
Bought by
Atikoglu Berk and Daniyalzade Eytan
Seller's Agent
Carolyn Cedar
Compass
List Price
$3,000,000
Sold Price
$2,675,000
Premium/Discount to List
-$325,000
-10.83%
Current Estimated Value
$3,483,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$808,524
Avg. Annual Appreciation
3.93%
Original Mortgage
$1,015,251
Outstanding Balance
$890,830
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,592,694

Purchase Details

Closed on
May 22, 2007
Sold by
Rubenstein Daniel
Bought by
Cohen Matthew and Kim Sung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.17%

Purchase Details

Closed on
Aug 31, 2006
Sold by
Fisher Roman and Rubenstein Daniel
Bought by
Rubenstein Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,200
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2006
Sold by
Rubenstein Daniel
Bought by
Fisher Roman and Rubenstein Daniel

Purchase Details

Closed on
Oct 11, 2005
Sold by
400 Douglas Street Corp
Bought by
Rubenstein Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$988,800
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 7, 2003
Sold by
Lopez Mario and Lopez Odalia
Bought by
400 Douglass Street Corp

Purchase Details

Closed on
Jan 15, 2002
Sold by
Scott Francois V
Bought by
Lopez Mario and Lopez Odalia

Purchase Details

Closed on
Jan 2, 1997
Sold by
Amphion Realty Inc
Bought by
Scott Francois V
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
Atikoglu Berk $2,675,000 --
Atikoglu Berk $2,675,000 --
Cohen Matthew $1,500,000 --
Cohen Matthew $1,500,000 --
Rubenstein Daniel -- --
Rubenstein Daniel -- --
Fisher Roman -- --
Fisher Roman -- --
Rubenstein Daniel $1,318,400 --
Rubenstein Daniel $1,318,400 --
400 Douglass Street Corp $225,000 --
400 Douglass Street Corp $225,000 --
Lopez Mario -- --
Lopez Mario -- --
Scott Francois V -- --
Scott Francois V -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atikoglu Berk $1,015,251
Closed Atikoglu Berk $1,015,251
Previous Owner Kim Sung $105,000
Previous Owner Cohen Matthew $150,000
Previous Owner Cohen Matthew $1,200,000
Previous Owner Rubenstein Daniel $352,200
Previous Owner Rubenstein Daniel $988,800
Closed Rubenstein Daniel $263,680
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2018 10/22/18 Sold $2,675,000 -10.8% $803 / Sq Ft
09/22/2018 09/22/18 Pending -- -- --
05/17/2018 05/17/18 For Sale $3,000,000 -- $900 / 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 $21,764 $195,960 $29,400 $166,560
2024 $21,764 $154,800 $29,400 $125,400
2023 $20,761 $189,960 $29,400 $160,560
2022 $20,408 $208,140 $29,400 $178,740
2021 $20,403 $198,000 $29,400 $168,600
2020 $10,014 $185,880 $29,400 $156,480
2019 $18,890 $170,640 $29,400 $141,240
2018 $17,366 $85,190 $17,740 $67,450
2017 $17,366 $85,190 $26,270 $58,920
2016 $16,151 $80,791 $22,240 $58,551
2015 $6,407 $79,765 $28,177 $51,588
2014 $6,407 $75,250 $22,592 $52,658
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10440090

Real Estate Board of New York (REBNY)

APN: 00946-0038