NOT LISTED FOR SALE

428 Vanderbilt Ave Brooklyn, NY 11238

Clinton Hill Neighborhood

Estimated Value: $2,845,000 - $4,407,591

5 Beds
3 Baths
3,360 Sq Ft
$1,111/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $2,800,000 $833 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $20,095/month

167 Days on Market

Highlights

  • 2 Fireplaces
  • 3-minute walk to Clinton-Washington Avenues (A,C Line)
  • 1-minute walk to Gateway Triangle
  • P.S. 11 Purvis J Behan Rated A+

About This Home

As of August 2023

This 5-bedroom multifamily brownstone in Fort Greene, Brooklyn is a rare investment opportunity for those looking to restore a classic property to its former glory. The building is in need of some work but offers tremendous potential for restoration and modernization. The property features a spacious layout with 5 bedrooms and ample living space across multiple floors. This property also features a basement with two additional rooms and a bathroom. The building is situated in a desirable location, close to transportation, shopping, and dining. The property requires some renovations and updates but offers a unique opportunity to restore a classic brownstone to its original grandeur. Don't miss this chance to own a piece of Brooklyn's history in one of its most sought-after neighborhoods.

Last Agent to Sell the Property

Christopher Lee

Moving Keyz Realty Brokerage Phone: 929-330-1729 License #10311209277 Listed on: 03/11/2023

Last Buyer's Agent

Mark O'Brien

Compass License #10301217979

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,441

Year Built

  • Built in 1931

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20x100
  • No Common Walls

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2 Fireplaces
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

  • Fort Green Preparatory Academy Middle School
  • Benjamin Banneker Academy High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 67 / 1959
  • Assessor Parcel Number 01959-0067

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,441

Year Built

Built in 1931

Lot Details

2,000 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse
  • Property SubType: Multi Family
  • Year Built: 1931
  • New Construction: No
  • Attribution Contact: 929-330-1729
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Fireplaces: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Unfinished
  • Total Bedrooms: 5
  • Fireplace: Yes
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 1

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, See Remarks
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: None

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Fort Green Preparatory Academy

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 20x100
  • Lot Size Sq Ft: 2000
  • Lot Size Units: Acres
  • Parcel Number: 01959-0067
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-03-13

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 7441
  • Tax Block: 1959
  • Tax Lot: 67
  • Tax Map Number: 01959-0067

MLS Schools

  • High School: Benjamin Banneker Academy
  • Middle School District: Brooklyn 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2023
Closed on
Aug 31, 2023
Sold by
428 Vanderbilt Ave Llc
Bought by
O'Brien Worthman Vanderbilt Llc
Seller's Agent
Christopher Lee
Moving Keyz Realty
Buyer's Agent
Mark O'Brien
Compass
List Price
$2,600,000
Sold Price
$2,800,000
Premium/Discount to List
$200,000
7.69%
Views
494
Current Estimated Value
$3,734,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$934,148
Avg. Annual Appreciation
11.95%
Original Mortgage
$2,660,000
Outstanding Balance
$2,603,584
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,130,564

Purchase Details

Closed on
Mar 30, 2018
Sold by
Bragdon Administrator Jenise and Collymore Administrator Lakeysha
Bought by
428 Vanderbilt Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
4.43%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
O'Brien Worthman Vanderbilt Llc $2,800,000 --
428 Vanderbilt Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open O'Brien Worthman Vanderbilt Llc $2,660,000
Previous Owner 428 Vanderbilt Llc $1,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2023 08/31/23 Sold $2,800,000 -9.7% $833 / Sq Ft
03/29/2023 03/29/23 Price Changed $3,100,000 +19.2% $923 / Sq Ft
03/23/2023 03/23/23 For Sale $2,600,000 -7.1% $774 / Sq Ft
03/14/2023 03/14/23 Off Market $2,800,000 -- --
03/10/2023 03/10/23 For Sale $2,600,000 -- $774 / Sq Ft
Source: OneKey® MLS

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 $7,996 $213,240 $45,060 $168,180
2024 $7,996 $193,860 $45,060 $148,800
2023 $8,024 $226,200 $45,060 $181,140
2022 $7,441 $206,640 $45,060 $161,580
2021 $7,399 $188,460 $45,060 $143,400
2019 $6,940 $211,680 $45,060 $166,620
2018 $6,712 $32,926 $8,036 $24,890
2017 $6,332 $31,063 $9,769 $21,294
2016 $2,308 $29,306 $11,981 $17,325
2015 $1,328 $27,648 $13,668 $13,980
2014 $1,328 $27,648 $14,304 $13,344
Source: Public Records

Agents Affiliated with this Home

  • Christopher Lee

    Seller's Agent in 2023

    Christopher Lee

    Moving Keyz Realty

    (929) 330-1729

    1 in this area

    13 Total Sales

    Christopher Lee
    Section Image

  • M

    Buyer's Agent in 2023

    Mark O'Brien

    Compass

    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3463830

OneKey® MLS

APN: 01959-0067

New York Kings County Brooklyn 11238 Clinton Hill

428 Vanderbilt Ave, Brooklyn, NY

Not Listed for Sale

MultiFamily

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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Copyright 2026 OneKey® MLS. All rights reserved.
Based on information submitted to the MLS GRID

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