NOT LISTED FOR SALE

422 4th Ave Brooklyn, NY 11215

Gowanus Neighborhood

Estimated Value: $1,936,550 - $2,676,000

6 Beds
3 Baths
2,322 Sq Ft
$997/Sq Ft Est. Value

Last Sold April 18, 2024

Last sale price $1,760,000 $758 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $12,618/month

374 Days on Market

About This Home

As of April 2024

Brick, 3 family townhouse, being delivered vacant and has additional 4,450 sq., ft., of air rights, makes this building a great investment property. Building dimensions: 18.75 45 ot dimensions: 18.75 60Zoning R8A, C2-4, EC-1, Additional Air Rights of 4,454. Total Buildable is 6,772.

Last Agent to Sell the Property

Diana Hermanowski

Douglas Elliman Real Estate License #10401208906 Listed on: 12/26/2022

Douglas Elliman Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,508

Year Built

  • Built in 1901

Lot Details

  • 1,125 Sq Ft Lot
  • Lot Dimensions are 60.00x18.75

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Cooling

Community Details

  • 3 Units
  • Gowanus Subdivision

Listing and Financial Details

  • Legal Lot and Block 0044 / 00997

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,508

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property SubType: Townhouse
  • Property Type: Residential
  • Neighborhood: Gowanus
  • Entry Level: 1
  • Structure Type: Townhouse
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Fireplace: No
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 6

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: 1125.0
  • Lot Size Dimensions: 60.00x18.75

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 3
  • Total Stories: 3
  • Year Built: 1901

Tax Info

  • Tax Block: 00997
  • Tax Lot: 0044
  • Tax Annual: 5508.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2022
Closed on
Apr 18, 2024
Sold by
Bonnie Cohen-Gallet As Co-Administrator and Estate Of Judy Budhram
Bought by
Lei Sarah Bao Ying and Li Jeff
Seller's Agent
Diana Hermanowski
Douglas Elliman Real Estate
List Price
$2,200,000
Sold Price
$1,760,000
Premium/Discount to List
-$440,000
-20%
Views
118
Current Estimated Value
$2,315,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$555,638
Avg. Annual Appreciation
16.97%
Original Mortgage
$1,310,000
Outstanding Balance
$1,287,955
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,027,683

Purchase Details

Closed on
Aug 19, 2022
Sold by
Budhram Chiarina and Budhram Ray
Bought by
Bonnie Cohen-Gallet As Administrator and Estate Of Judy Budhram

Purchase Details

Closed on
Jul 13, 2017
Sold by
Budhram Judy and Budhram Ray
Bought by
Budhram Chiarina and Budhram Ray

Purchase Details

Closed on
Dec 17, 2001
Sold by
Thomas Judy
Bought by
Thomas Judy

Purchase Details

Closed on
Feb 28, 1996
Sold by
Thomas Maurice
Bought by
Thomas Maurice and Thomas Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
6.9%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Lei Sarah Bao Ying $1,760,000 --
Lei Sarah Bao Ying $1,760,000 --
Lei Sarah Bao Ying $1,760,000 --
Bonnie Cohen-Gallet As Administrator -- --
Bonnie Cohen-Gallet As Administrator -- --
Bonnie Cohen-Gallet As Administrator -- --
Budhram Chiarina -- --
Budhram Chiarina -- --
Budhram Chiarina -- --
Thomas Judy -- --
Thomas Judy -- --
Thomas Maurice -- --
Thomas Maurice -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lei Sarah Bao Ying $1,310,000
Closed Lei Sarah Bao Ying $1,310,000
Previous Owner Thomas Maurice $172,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2024 04/18/24 Sold $1,760,000 -11.8% $758 / Sq Ft
01/05/2024 01/05/24 Pending -- -- --
09/18/2023 09/18/23 Price Changed $1,995,000 -9.3% $859 / Sq Ft
02/23/2023 02/23/23 For Sale $2,200,000 0.0% $947 / Sq Ft
02/19/2023 02/19/23 Off Market $2,200,000 -- --
12/26/2022 12/26/22 For Sale $2,200,000 -- $947 / 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 $6,117 $158,340 $24,600 $133,740
2024 $6,117 $151,380 $24,600 $126,780
2023 $5,835 $150,540 $24,600 $125,940
2022 $5,414 $129,360 $24,600 $104,760
2021 $5,392 $141,900 $24,600 $117,300
2019 $5,309 $117,420 $24,600 $92,820
2018 $4,607 $23,943 $4,772 $19,171
2017 $4,607 $22,602 $7,106 $15,496
2016 $4,268 $21,349 $6,522 $14,827
2015 $2,572 $21,349 $6,230 $15,119
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Diana Hermanowski

    Douglas Elliman Real Estate

    (718) 486-4491

    1 in this area

    7 Total Sales

    Diana Hermanowski
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10950268

Real Estate Board of New York (REBNY)

APN: 00997-0044

New York Kings County Brooklyn 11215 Gowanus

422 4th Ave, Brooklyn, NY

Not Listed for Sale

Townhouses

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