NOT LISTED FOR SALE

Estimated Value: $812,000 - $975,000

6 Beds
2.5 Baths
2,400 Sq Ft
$370/Sq Ft Est. Value

Last Sold December 02, 2022

Last sale price $777,000 $324 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,849/month

25 Days on Market

Highlights

  • The property is located in a historic district
  • 4-minute walk to Brook Avenue
  • Eat-In Kitchen
  • Property is near public transit
  • Wood Flooring
  • 3-minute walk to Brook Park

About This Home

As of December 2022

Welcome to 428 E 140th St. This Landmarked 2-Family Townhome in Historic Mott Haven Consists Of A 4 Bedroom Owners Duplex Over a 2 Bedroom Garden Apartment With An Oasis-Like Backyard And Incredibly Low Taxes Of Just $2,066 Annually. This Multi Family Home Is Priced To Sell And Perfect For A High End Renovation. With A Location That Can't Be Beat Just Steps to The #6 Train And 15 Minutes To Central Central Station, It's No Wonder Mott Haven Is Widely Considered To Be One of NYC's Hottest Neighborhoods & A Magnet For Residential & Commercial Development. Schedule A Private Viewing And Come Experience This Home's Potential Firsthand!

Last Agent to Sell the Property

Justin Braithwaite

Braithwaite Realty LLC License #10491209344 Listed on: 09/19/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,066

Year Built

  • Built in 1910

Lot Details

  • 1,668 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,400 Sq Ft Home
  • Wood Flooring
  • Eat-In Kitchen
  • Unfinished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms

Location

  • Property is near public transit
  • The property is located in a historic district

Utilities

  • Window Unit Cooling System
  • 1 Heating Zone
  • Hot Water Heating System
  • Heating System Uses Oil
  • Oil Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 02284-0022

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,066

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse
  • Property SubType: Multi Family
  • Year Built: 1910
  • Attribution Contact: 718-938-0562
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Unfinished
  • Total Bedrooms: 6
  • Living Area: 2400.00
  • Square Footage: 2400.00

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Garbage Removal: Public
  • Heating: Oil, Hot Water
  • Hot Water: Fuel Oil Stand Alone
  • Heating Zones: 1
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Additional Fee: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0400
  • Lot Size Sq Ft: 1668.00
  • Lot Size Units: Acres
  • Lot Features: Historic District, Level, Near Public Transit
  • Parcel Number: 02284-0022
  • Property Attached: Yes

Rental Info

  • Tenant Pays: Electricity, Gas

Tax Info

  • Close Date: 2022-12-02
  • Included in Taxes: Trash
  • Tax Annual Amount: 2066.00
  • Tax Map Number: 02284-0022

Multi Family

  • Units Total: 2
  • Two Bedrooms: 1
  • Four Bedrooms: 1
  • Separate Electric Meters: 1
  • Separate Gas Meters: 1

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: City of New York

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2022
Closed on
Dec 2, 2022
Sold by
Lopez Hector L and Lopez Josefina
Bought by
Smith Ashley
Seller's Agent
Justin Braithwaite
Braithwaite Realty LLC
List Price
$700,000
Sold Price
$777,000
Premium/Discount to List
$77,000
11%
Views
61
Current Estimated Value
$888,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,462
Avg. Annual Appreciation
4.48%
Original Mortgage
$703,631
Outstanding Balance
$683,015
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$205,447
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
Smith Ashley $777,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Ashley $703,631
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2022 12/02/22 Sold $777,000 +11.0% $324 / Sq Ft
10/14/2022 10/14/22 Pending -- -- --
09/19/2022 09/19/22 For Sale $700,000 -- $292 / Sq Ft
Source: OneKey® MLS

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 $2,331 $11,712 $1,447 $10,265
2024 $2,331 $11,606 $1,502 $10,104
2023 $2,226 $10,961 $1,502 $9,459
2022 $1,961 $52,680 $8,100 $44,580
2021 $2,058 $42,780 $8,100 $34,680
2020 $2,066 $41,820 $8,100 $33,720
2019 $2,023 $33,720 $8,100 $25,620
2018 $1,862 $9,134 $2,246 $6,888
2017 $1,758 $8,626 $2,416 $6,210
2016 $1,629 $8,150 $2,523 $5,627
2015 $982 $8,133 $3,777 $4,356
2014 $982 $8,060 $3,181 $4,879
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6211166

OneKey® MLS

APN: 02284-0022