Seller's Agent in 2024
Troy Gaskin
Corcoran Group
(917) 806-8933
1 in this area
21 Total Sales
427 1st St Brooklyn, NY 11215
Park Slope NeighborhoodEstimated Value: $3,335,000 - $4,615,377
7
Beds
3
Baths
2,880
Sq Ft
$1,411/Sq Ft
Est. Value
About This Home
As of September 2024Legal 2-Unit Property for Sale in Prime Park Slope
Welcome to a townhouse that epitomizes the charm of Park Slope living. This multi-level gem offers 7 bedrooms, 4 full baths, and private outdoor space. There property has an exceptional blend of space, versatility, and development potential of an additional unused approx. 1,200 s.f. or 3 dwelling units. This opportunity is perfectly positioned in one of Brooklyn's most sought-after neighborhoods. The first floor features a bedroom and a full bathroom, seamlessly connected to a well-appointed kitchen and a dining room. The open layout creates an inviting atmosphere for both relaxation and entertaining.
On the second floor, you'll find a spacious bedroom, a cozy living room, and an additional sitting room. This floor is designed to provide flexibility in living arrangements, ensuring a comfortable and adaptable lifestyle. The third floor boasts two bedrooms and two bathrooms, offering an elevated level of privacy and convenience. A half kitchen on this floor adds an extra layer of functionality, providing options for guests or creating a private retreat. The pinnacle of this townhouse, the fourth floor, hosts two more bedrooms, a well-equipped kitchen, and a full bathroom. Throughout the townhouse, large windows flood each floor with natural light, creating an airy and inviting ambiance.
Outside, imagine a picturesque classic Brooklyn tree-lined block. Discover the vibrant Park Slope neighborhood, with charming brownstones, boutiques, and renowned dining options just minutes away. Right across the street is PS 321. With easy access to transportation and the allure of Prospect Park nearby, this town house presents an opportunity to experience the best of Brooklyn living.
Nearby Transportation Subways F, G at 7th Ave 0.5mi (13 mins) D, N, R at Union St 0.6mi (12 mins) B, Q at 7th Ave 0.6mi (13 mins) 2, 3, 4 at Grand Army Plaza 0.6mi (14 mins) 2, 3. 4 at Bergen St 0.7mi (16 mins) D, N, R at 4th Av - 9th St. 0.7 mi (15 mins) F, G at 4th Key Features Legal 2 - unit building 4 Stories 2 Residential Units 7 Bedrooms 4 Baths 16.67 ft x 45 ft. Building Dimensions 16 ft x 100 ft Lot Dimensions 1,667 sq. ft.. Lot Size Opportunity for development potential with additional approx. 1,200 sq ft, or 3 additional dwelling
units
Last Agent to Sell the Property
Corcoran Group License #10301218841 Listed on: 05/09/2024
Last Buyer's Agent
Direct Deal Listing
Direct Deal License #A
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,032
Year Built
- Built in 1901
Lot Details
- 1,680 Sq Ft Lot
- Lot Dimensions are 100.00x16.80
Home Design
- Entry on the 1st floor
Interior Spaces
- 2,880 Sq Ft Home
- 4-Story Property
- Basement
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry in unit
- Washer Dryer Allowed
- Washer Hookup
Utilities
- No Cooling
Community Details
- 2 Units
- Park Slope Subdivision
Listing and Financial Details
- Legal Lot and Block 0061 / 00966
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 9, 2024
Closed on
Sep 9, 2024
Sold by
The Estate Of Phyllis Morgan and Wayne B. Morgan Executor
Bought by
Lobo Prabhu Andrea Kathlyn and Malcolm Brent Douglas
Seller's Agent
Troy Gaskin
Corcoran Group
Buyer's Agent
Direct Deal Listing
Direct Deal
List Price
$3,300,000
Sold Price
$3,300,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$763,094
Avg. Annual Appreciation
14.88%
Original Mortgage
$2,640,000
Outstanding Balance
$2,599,417
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,463,677
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lobo Prabhu Andrea Kathlyn | $3,300,000 | -- | |
| Lobo Prabhu Andrea Kathlyn | $3,300,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lobo Prabhu Andrea Kathlyn | $2,640,000 | |
| Closed | Lobo Prabhu Andrea Kathlyn | $2,640,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/09/2024 09/09/24 | Sold | $3,300,000 | 0.0% | $1,146 / Sq Ft |
| 05/31/2024 05/31/24 | Pending | -- | -- | -- |
| 05/09/2024 05/09/24 | For Sale | $3,300,000 | -- | $1,146 / Sq Ft |
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 | $4,289 | $223,440 | $36,480 | $186,960 |
| 2024 | $4,289 | $213,600 | $36,480 | $177,120 |
| 2023 | $9,033 | $232,800 | $36,480 | $196,320 |
| 2022 | $2,885 | $206,640 | $36,480 | $170,160 |
| 2021 | $4,091 | $181,500 | $36,480 | $145,020 |
| 2019 | $3,726 | $191,100 | $36,480 | $154,620 |
| 2018 | $3,395 | $39,770 | $7,220 | $32,550 |
| 2017 | $3,188 | $37,621 | $5,869 | $31,752 |
| 2016 | $3,139 | $37,621 | $7,923 | $29,698 |
| 2015 | $1,701 | $37,024 | $9,335 | $27,689 |
| 2014 | $1,701 | $34,934 | $10,569 | $24,365 |
Source: Public Records
Agents Affiliated with this Home
-
Troy Gaskin
-
D
Buyer's Agent in 2024
Direct Deal Listing
Direct Deal
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS11031130
APN: 00966-0061
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.
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