NOT LISTED FOR SALE

401 Monroe St Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $1,349,504 - $2,660,000

Studio
2 Baths
1,752 Sq Ft
$1,020/Sq Ft Est. Value

Last Sold September 19, 2022

Last sale price $1,100,000 $628 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $9,500/month

43 Days on Market

About This Home

As of September 2022

ACCEPTED OFFER NO MORE SHOWINGS

Last Agent to Sell the Property

Christopher Webb

Keller Williams NYC License #10301210565 Listed on: 04/18/2022

Keller Williams NYC

Last Buyer's Agent

Non Non Member-MLS

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,834

Year Built

  • Built in 1899

Lot Details

  • Two or More Common Walls

Parking

  • On-Street Parking

Home Design

  • 1,752 Sq Ft Home

Schools

  • Dr Susan S Mckinney Sec Sch-Arts Middle School
  • Bedford Academy High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,834

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1899
  • Attribution Contact: 212-301-1140
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Living Area: 1752.00
  • Square Footage: 1752.00

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Garbage Removal: Public
  • Heating: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Dr Susan S Mckinney Sec Sch-Arts

Lot Info

  • Property Attached: Yes

Rental Info

  • Hold Start Date: 2022-04-23

Tax Info

  • Close Date: 2022-09-19
  • Tax Annual Amount: 1834.00

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Bedford Academy High School
  • Middle School District: Brooklyn 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2022
Closed on
Sep 16, 2022
Sold by
Harris David
Bought by
Gagne Alexis and Gagne Derek
Seller's Agent
Christopher Webb
Keller Williams NYC
Buyer's Agent
Non Non Member-MLS
Non-Member MLS
List Price
$1,100,000
Sold Price
$1,100,000
Current Estimated Value
$1,786,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$686,626
Avg. Annual Appreciation
15.58%
Original Mortgage
$880,000
Outstanding Balance
$838,155
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$948,471

Purchase Details

Closed on
Dec 14, 2021
Sold by
Harris David and Harris Violet Harewood
Bought by
Harris David

Purchase Details

Closed on
Jul 23, 2005
Sold by
Harewood Violet
Bought by
Harewood Violet and Harris David
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gagne Alexis $1,100,000 --
Gagne Alexis $1,100,000 --
Gagne Alexis $1,100,000 --
Harris David -- --
Harris David -- --
Harris David -- --
Harewood Violet -- --
Harewood Violet -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gagne Alexis $880,000
Closed Gagne Alexis $880,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2022 09/19/22 Sold $1,100,000 0.0% $628 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
04/23/2022 04/23/22 Off Market $1,100,000 -- --
04/18/2022 04/18/22 For Sale $1,100,000 0.0% $628 / Sq Ft
04/18/2022 04/18/22 Off Market $1,100,000 -- --
Source: OneKey® MLS

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 $3,000 $88,560 $14,940 $73,620
2024 $3,000 $82,320 $14,940 $67,380
2023 $2,866 $75,720 $14,940 $60,780
2022 $871 $78,120 $14,940 $63,180
2021 $1,986 $66,120 $14,940 $51,180
2020 $985 $59,460 $14,940 $44,520
2019 $1,945 $65,760 $14,940 $50,820
2018 $1,738 $11,761 $3,838 $7,923
2017 $1,618 $11,104 $2,926 $8,178
2016 $426 $10,477 $3,298 $7,179
2015 $193 $10,473 $4,950 $5,523
2014 $193 $10,372 $5,887 $4,485
Source: Public Records

Agents Affiliated with this Home

  • Christopher Webb

    Seller's Agent in 2022

    Christopher Webb

    Keller Williams NYC

    (347) 232-6210

    3 in this area

    29 Total Sales

    Christopher Webb
    Section Image

  • N

    Buyer's Agent in 2022

    Non Non Member-MLS

    Non-Member MLS

See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY6178345

OneKey® MLS

APN: 01816-0075

New York Kings County Brooklyn 11221 Bed-Stuy

401 Monroe St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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