NOT LISTED FOR SALE
4 Beds
2 Baths
-- Sq Ft
5,000 Sq Ft Lot Lot

Sale Details

Date Sold: January 2, 2024

Last sale price $4,180,000

1 Day on Market

Highlights

  • 5,000 Sq Ft lot
  • Green Building
  • 2-minute walk to Badame Sessa Memorial Square
  • P.S. 132 The Conselyea School Rated A-

About This Home

As of January 2024

Introducing 402-404 Manhattan Avenue, a prime flagship residential or mixed-use development site located in one of Williamsburg's most coveted areas. This property comprises two adjacent lots, each measuring 25'x100', totaling 5,000 square feet. Currently, it features a two-family building and a parking lot. With an estimated gross buildable floor area of 11,000 square feet, this site offers significant potential. The property is situated in a high-value residential and retail corridor, boasting a zoning designation of M1-2/R6 MX-8 and a maximum building height of 70 feet.

Last Agent to Sell the Property

Evan Church

Corcoran Group License #30CH1028181 Listed on: 11/02/2023

Corcoran Group

Co-Listed By

Chris Cavorti

Corcoran Group License #10301206385

Last Buyer's Agent

Direct Deal Listing

Direct Deal License #A

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,084

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 100.00x50.00

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Green Building
  • No Cooling

Community Details

  • 2 Units
  • Williamsburg,North Subdivision

Listing and Financial Details

  • Legal Lot and Block 0016 / 01824

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,084

Lot Details

5,000 Sq Ft Lot

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Williamsburg,North
  • Entry Level: 1
  • Structure Type: Townhouse
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Features: Smoke Free
  • Fireplace: No
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 4

Exterior Features

  • View: Other
  • View: No
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: In Unit
  • Green Building Features: Green Building
  • Cooling: No

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 5000.0
  • Lot Size Dimensions: 100.00x50.00

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 2
  • Total Stories: 2

Tax Info

  • Tax Block: 01824
  • Tax Lot: 0016
  • Tax Annual: 12084.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Jan 2, 2024
Sold by
Drexler Patrick and Drexler Victoria
Bought by
404 Manhattan Ave Llc
Seller's Agent
Evan Church
Corcoran Group
Buyer's Agent
Direct Deal Listing
Direct Deal
List Price
$4,400,000
Sold Price
$4,180,000
Premium/Discount to List
-$220,000
-5%
Views
6

Purchase Details

Closed on
Jun 28, 2022
Sold by
Kevin Rozza Trustee and Nicola Rozza
Bought by
Drexler Patrick and Drexler Victoria

Purchase Details

Closed on
Aug 22, 1995
Sold by
Lataie Nasser and Cohenmehr Eshagh
Bought by
Rozza Nicola

Purchase Details

Closed on
May 8, 1995
Sold by
Oci Mtg Corp
Bought by
Lataie Nasser and Cohen Mehr Eshagu
Source: Public Records
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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
404 Manhattan Ave Llc $4,180,000 --
404 Manhattan Ave Llc $4,180,000 --
404 Manhattan Ave Llc $4,180,000 --
Drexler Patrick -- --
Drexler Patrick -- --
Drexler Patrick -- --
Rozza Nicola $152,500 Commonwealth Land Title Ins
Rozza Nicola $152,500 Commonwealth Land Title Ins
Lataie Nasser $105,000 Commonwealth Land Title Ins
Lataie Nasser $105,000 Commonwealth Land Title Ins
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2024 01/02/24 Sold $4,180,000 -5.0% --
11/03/2023 11/03/23 Pending -- -- --
11/02/2023 11/02/23 For Sale $4,400,000 -- --
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 $14,509 $316,800 $198,900 $117,900
2024 $14,509 $198,900 $198,900 $0
2023 $12,082 $161,100 $161,100 $0
2022 $10,851 $123,750 $123,750 $0
2021 $10,760 $107,550 $107,550 $0
2019 $8,564 $81,450 $81,450 $0
2018 $9,604 $98,100 $98,100 $0
2017 $7,796 $122,400 $122,400 $0
2016 $5,508 $115,200 $115,200 $0
2015 $1,610 $108,900 $108,900 $0
2014 $1,610 $12,166 $12,120 $46
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10932043

Real Estate Board of New York (REBNY)

APN: 02734-0002

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