NOT LISTED FOR SALE

Estimated Value: $4,100,020 - $6,864,000

-- Bed
4 Baths
3,060 Sq Ft
$1,611/Sq Ft Est. Value

Last Sold July 26, 2023

Last sale price $4,100,000 $1,340 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $26,767/month

Highlights

  • Wood Flooring
  • Garden
  • 4-minute walk to Boerum Playground
  • P.S. 29 John M. Harrigan Rated A

About This Home

As of July 2023

Rarely does the opportunity arise to acquire a 25-foot-wide townhouse on a beautiful tree-lined street. 42 Douglass Street is a 4 family that has been well cared for by the same family for 3 generations. Situated in the heart of Cobble Hill offering a stately brownstone stoop entry, grand ceiling heights, a large private garden, and endless possibilities to design your dream home or make an investment in an income producing property in a highly desirable location. All 4 units offer large rooms, eat-in kitchens, updated bathrooms, and amazing amounts of natural light. The existing building boasts approximately 3060 Square feet of living space with an additional 1940 square feet of buildable space. All centrally located to notable neighborhood restaurants, cafes/bakeries, artisanal markets, and high-end boutiques. Convenient transportation at Bergen Street (F/G) and Borough Hall (2/3/4/5/R). Zoning Study available upon request. All showings by appointment. All sizes, measurements, and floor plans are approximate and should be independently verified.

Last Agent to Sell the Property

Joseph Baglio

MadisonEstates Sothebys Realty Listed on: 03/13/2023

MadisonEstates Sothebys Realty

Last Buyer's Agent

Joseph Baglio

MadisonEstates Sothebys Realty Listed on: 03/13/2023

MadisonEstates Sothebys Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,679

Year Built

  • Built in 1920

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 100 x 25
  • Garden
  • Back Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 4 Full Bathrooms
  • 3,060 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Basement Cellar

Utilities

  • 110 Volts

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Block 414

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,679

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Basement Amenities: Cellar
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 850
  • Building Length: 34.00
  • Building Width: 25.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Court St
  • Cross Street Name2: Smith St
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Other
  • Negotiate Thru: Broker
  • Number Of Families: 4
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Patio Garden
  • Fill Sq Ft Total: 3060
  • Building Stories: 3
  • Street Name I D X: Douglass
  • Street Number I D X: 42
  • Year Built: 1920
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 4
  • Flooring: Hardwood
  • Lot Sq Ft: 2500

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Other
  • Exterior: Brick
  • Foundation Details: Other
  • Lot Number: 27
  • Roof: Asphalt/Tar, Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Other
  • Hot Water: Other

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 25
  • Zoning: R6B

Tax Info

  • Flip Tax Amount: 7679.00

Multi Family

  • Unit Count: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2023
Closed on
Jul 26, 2023
Sold by
Annette Bosco Trustee and Antoinette Ianno Irrevocable Living Trus
Bought by
42 Douglass Llc
Seller's Agent
Joseph Baglio
MadisonEstates Sothebys Realty
Buyer's Agent
Joseph Baglio
MadisonEstates Sothebys Realty
List Price
$4,200,000
Sold Price
$4,100,000
Premium/Discount to List
-$100,000
-2.38%
Views
1
Current Estimated Value
$4,930,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$830,005
Avg. Annual Appreciation
8.95%
Original Mortgage
$2,450,000
Outstanding Balance
$2,395,557
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,534,448

Purchase Details

Closed on
Nov 23, 2021
Sold by
Cangiane Frances and Koutros Rosemarie
Bought by
Elizabeth Ursick As Trustee and Frances Cangiane Preservation Trust

Purchase Details

Closed on
Sep 7, 2018
Sold by
Defina Filomena
Bought by
Melendez Joan

Purchase Details

Closed on
Jul 2, 2018
Sold by
Ianno Antoinette
Bought by
Annette Bosco Trustee and The Antoinette Ianno Irrevocable Living
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
42 Douglass Llc $4,100,000 --
Elizabeth Ursick As Trustee -- --
Melendez Joan -- --
Defina Filomena -- --
Annette Bosco Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 42 Douglass Llc $2,450,000
Closed 42 Douglass Llc $2,450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2023 07/26/23 Sold $4,100,000 -2.4% $1,340 / Sq Ft
03/13/2023 03/13/23 Pending -- -- --
03/13/2023 03/13/23 For Sale $4,200,000 -- $1,373 / Sq Ft
Source: Brooklyn Board of REALTORS®

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 $8,768 $69,360 $46,320 $23,040
2024 $8,768 $771,120 $169,650 $601,470
2023 $8,003 $642,600 $169,650 $472,950
2022 $7,679 $535,500 $169,650 $365,850
2021 $7,037 $428,265 $169,650 $258,615
2020 $5,360 $415,800 $169,650 $246,150
2019 $6,804 $346,680 $169,650 $177,030
2017 $6,155 $48,396 $33,478 $14,918
2016 $5,778 $44,818 $33,065 $11,753
2015 $3,751 $41,501 $40,851 $650
2014 $3,751 $41,501 $32,671 $8,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 472483

Brooklyn Board of REALTORS®

APN: 00414-0027