NOT LISTED FOR SALE

Estimated Value: $3,132,888 - $3,634,000

4 Beds
2 Baths
2,210 Sq Ft
$1,539/Sq Ft Est. Value

Last Sold June 26, 2023

Last sale price $3,175,000 $1,437 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $18,322/month

26 Days on Market

Highlights

  • 1-Story Property
  • P.S. 39 Henry Bristow Rated A
  • 5-minute walk to J.J. Byrne Playground

About This Home

As of June 2023

Welcome to 418 5th Street - the gracious single family brownstone in the heart of Park Slope you have been waiting for! The grand parlor level features soaring 10 foot high ceilings and beautiful light throughout the day from both northern and southern exposures and mint hardwood floors throughout. The front parlor's striking mantel creates a natural focal point, and provides ample space for living and dining, or two seperate seating areas. The rear parlor is bathed in southern sunlight, and elegant original moldings elevate the space throughout. The rear parlor can be fully separated via working pocket doors, and could be used as an additional bedroom or study, a formal dining room, or provides the perfect location for a full chef's kitchen should you prefer it on the parlor level.



The large, garden level kitchen offers ample room for an large center island should one choose, and opens up to the spacious backyard beyond. Keep the kitchen as is, or open up the entire back wall for true indoor/outdoor living. Outside, an extra large deck is ready for your next bbq or lazy sunday afternoon, and a nice garden is ready for your green thumb. Trees from neighboring yards, including a stunning pine, offer privacy and greenery, without taking up space or blocking the light in this sunny south facing yard. Back inside, one finds a full dining area adjacent to the kitchen, as well as several storage closets and a full bathroom. At the front of the house is a cozy wood paneled den with a brick hearth, offering a Catskills like retreat right here in the city!



On the top floor, a spacious landing leads to three bedrooms and another full bathroom. The oversized front bedroom offers triple windows, elegant moldings and another decorative fireplace. The middle bedroom is well sized and features a skylight for natural light. The back bedroom is also spacious with another lovely mantel, and a side room which could be converted to an en suite master bathroom, or used as a nursery, home office, or the walk in closet of your dreams!



The home also features a full, semi finished, bone dry basement with a ceiling height of over 7.5 feet, concrete flooring and electrical throughout. It is currently being used for storage and laundry, but could also be easily converted to an excellent playroom or rec space.



The home is ideally located on 5th Street between 6th and 7th Avenues, in very center of Park Slope with Park Slope Ale house on one corner and Poetica Coffee on the other. Neighborhood favorites abound, and F&G subway access (soon with an elevator) at 7th and 9th Street, is just 4 blocks away, as it the Park Slope Library, CVS the YMCA and Steve's 9th Street Supermarket, making all of life's necessities very convenient. The home is currently zoned for PS 39 in district 15.

Last Agent to Sell the Property

Bridget Applegate

Corcoran Group License #10301216099 Listed on: 02/28/2023

Corcoran Group

Co-Listed By

Charlie Pigott

Corcoran Group License #10301210078

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,217

Lot Details

  • 1,655

Interior Spaces

  • 1-Story Property
  • Decorative Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Community Details

  • Park Slope Subdivision

Listing and Financial Details

  • Tax Block 00989

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,217

Lot Details

0

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Park Slope
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Rooms (Total): 9

Beds/Baths

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

Garage/Parking

  • Garage: No

Building Info

  • Units: 1
  • Total Stories: 1

Tax Info

  • Tax Block: 00989

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2023
Closed on
Jun 23, 2023
Sold by
Cappiello Revocable Trust and Paul J Cappiello As Trustee
Bought by
Venkatesh Aditi and Venkatesh Avinash
Seller's Agent
Bridget Applegate
Corcoran Group
List Price
$2,995,000
Sold Price
$3,175,000
Premium/Discount to List
$180,000
6.01%
Views
75
Current Estimated Value
$3,401,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,472
Avg. Annual Appreciation
2.99%
Original Mortgage
$2,540,000
Outstanding Balance
$2,472,080
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$929,392
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
Venkatesh Aditi $3,175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Venkatesh Aditi $2,540,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2023 06/26/23 Sold $3,175,000 +6.0% $1,437 / Sq Ft
03/27/2023 03/27/23 Pending -- -- --
02/28/2023 02/28/23 For Sale $2,995,000 -- $1,355 / 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 $6,217 $188,340 $29,280 $159,060
2024 $6,217 $180,060 $29,280 $150,780
2023 $5,938 $190,920 $29,280 $161,640
2022 $4,377 $157,200 $29,280 $127,920
2021 $6,092 $157,800 $29,280 $128,520
2020 $4,569 $159,060 $29,280 $129,780
2019 $5,103 $140,700 $29,280 $111,420
2018 $4,669 $24,364 $4,178 $20,186
2017 $4,667 $24,364 $3,372 $20,992
2016 $4,513 $24,124 $4,152 $19,972
2015 $2,552 $22,767 $5,876 $16,891
2014 $2,552 $21,496 $6,658 $14,838
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10860914

Real Estate Board of New York (REBNY)

APN: 00989-0015