NOT LISTED FOR SALE

Estimated Value: $1,735,000 - $2,503,000

4 Beds
3 Baths
2,466 Sq Ft
$825/Sq Ft Est. Value

Last Sold January 14, 2021

Last sale price $2,350,000 $953 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $12,337/month

30 Days on Market

Highlights

  • Pre War Building
  • Building Patio
  • 2-minute walk to El Shabazz Playground
  • Terrace
  • Patio

About This Home

As of January 2021

When first visiting 437 MacDonough Street we felt immediately transported to a serene, residence somewhere upstate a bucolic utopia where beautiful, historic homes abound and the owners have a decidedly urban attitude. Fortunately, this home sits squarely in prime Bedford Stuyvesant offering the next happy residents tranquility and beauty right here in Brooklyn. Built in the early 1890s in the transitional Neo-Grec/Queen Anne style, this three-story, two-family brownstone has all original details restored to perfection with the addition of top-of-the-line amenities such as zoned central air conditioning and heating, all new mechanicals, modern kitchen and baths, new custom windows, upgraded roof and landscaped garden. 437 MacDonough Street is a prime example of a meticulous restoration balanced with a modern livability.

With walls bathed in Farrow & Ball paint, this spectacular color-study beautifully compliments the many architectural details. With its tailored ceiling plasterwork, etched glass, original elegant staircase, fretwork, pocket shutters, pocket doors, five decorative slate mantles, plaster and wood molding, waist-high wainscoting and more precisely restored original details are showcased on every floor.

The open, modern, parlor-floor kitchen is smartly designed to include an abundance of storage camouflaged in sleek, custom-fronted lacquered cabinetry. Natural-stone quartzite with a waterfall edge finishes the striking kitchen island and counters, and beautifully marries the old with the new. Appliances are Bosch, Sub-Zero, and Miele. Walk out from the kitchen to the back deck and into the lovely garden for ideal entertaining or lounging, or simply enjoy the lush view.

The landscaped garden is no small asset of this special home. An enormous flowering magnolia sheds a pink glow over the garden and throughout the home in springtime. A custom irrigation system affords easy maintenance so you can spend your time enjoying the flourishing sun garden (with roses, lavender wisteria and more), the verdant shade garden, and two lovely seating areas.

Upstairs are two bedrooms, each with an original slate mantle, a walk-in closet and a full en suite bath with custom cabinetry, Duravit, Grohe, and Hansgrohe hardware. The primary bedroom features wallpaper by Jonathan Adler. The garden level is as beautifully restored as the upper two floors and offers flexibility. It is easily transformed into a rental apartment with a separate entrance, or can be used as is for extra sleeping, lounging or home office for a luxurious fully owner-occupied home.

An enclave of distinctive Victorian apartments and townhomes, the proposed Stuyvesant East Historic section of Bedford Stuyvesant has maintained the historic integrity of the late nineteenth century. 437 MacDonough Street sits on a tranquil block with mature flowering trees just steps away from Fulton Park. Saraghina restaurant and bakery, Peaches, Chez Oskar, the Michelin-reviewed L'Antagoniste, The Trad Room, Mama Fox, Halsey Traders Market, and many more shops and restaurants are nearby. Multiple bus lines as well as the A/C express train is a very short walk away.

Last Agent to Sell the Property

Morgan Munsey

Compass License #10401246141 Listed on: 10/06/2020

Compass

Co-Listed By

Perri DeFino

Compass License #10401301423

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,506

Year Built

  • Built in 1899

Lot Details

  • Lot Dimensions are 19.0 x 100.0

Home Design

  • Pre War Building

Interior Spaces

  • 2,466 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Patio
  • Terrace

Listing and Financial Details

  • Legal Lot and Block 83 / 1672

Community Details

Overview

  • Stuyvesant Heights Subdivision

Amenities

  • Building Patio
  • Building Terrace

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,506

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Cross Street: Malcolm X Boulevard/Patchen Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Stuyvesant Heights
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Living Area: 2466.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 4

Exterior Features

  • Patio/Porch Features: Building Patio, Building Terrace, Patio, Terrace

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 19.0 x 100.0

Building Info

  • Total Stories: 3
  • Year Built: 1899

Tax Info

  • Tax Block: 1672
  • Tax Lot: 83

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2020
Closed on
Jan 14, 2021
Sold by
Wilson Steven F
Bought by
Benjelloun Zohor and Fraiberger Samuel Paul
Seller's Agent
Morgan Munsey
Compass
List Price
$2,350,000
Sold Price
$2,350,000
Total Days on Market
30
Current Estimated Value
$2,120,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$229,543
Avg. Annual Appreciation
-3.57%
Original Mortgage
$1,400,000
Outstanding Balance
$1,258,058
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$733,368

Purchase Details

Closed on
Jun 23, 2015
Sold by
Gairy Ricardo S
Bought by
Wilson Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage
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
Benjelloun Zohor $2,350,000 --
Wilson Steven $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benjelloun Zohor $1,400,000
Previous Owner Wilson Steven F $25,000
Previous Owner Wilson Steven F $200,000
Previous Owner Wilson Steven F $40,000
Previous Owner Wilson Steven $1,120,000
Previous Owner Gairy Ricardo $60,000
Previous Owner Gairy Ricardo S $41,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2021 01/14/21 Sold $2,350,000 0.0% $953 / Sq Ft
11/05/2020 11/05/20 Pending -- -- --
10/06/2020 10/06/20 For Sale $2,350,000 -- $953 / 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 $7,506 $116,160 $21,300 $94,860
2024 $7,506 $91,740 $21,300 $70,440
2023 $7,589 $81,060 $21,300 $59,760
2022 $7,202 $83,940 $21,300 $62,640
2021 $7,207 $91,680 $21,300 $70,380
2020 $3,380 $80,460 $21,300 $59,160
2019 $6,514 $88,980 $21,300 $67,680
2018 $6,348 $31,141 $7,947 $23,194
2017 $6,129 $30,066 $6,967 $23,099
2016 $5,963 $29,829 $9,330 $20,499
2015 $1,941 $17,690 $7,621 $10,069
2014 $1,941 $16,719 $8,639 $8,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10827437

Real Estate Board of New York (REBNY)

APN: 01672-0083