NOT LISTED FOR SALE

Estimated Value: $2,255,000 - $3,703,000

5 Beds
3 Baths
-- Sq Ft
1,176 Sq Ft Lot

Last Sold October 26, 2015

Last sale price $2,400,000

Est. 13% increase in value since last sale

Current estimated payment $15,165/month

53 Days on Market

Highlights

  • Garden
  • Magnet School of Math Science & Design Technology Rated A
  • 3-minute walk to Detective Joseph Mayrose Park

About This Home

As of October 2015

Live and invest in Park Slope with this expertly maintained 3 family turn of the century brick townhouse. The garden apartment is vacant and the other two apartments are free market. There are many opportunities to grow your own living area within the existing 2565 SF (please see alternate floor plan) or make use of the additional 977 buildable square footage to create your own Park Slope home with sweeping views of Manhattan and the New York Harbor. Another option would be to convert the high ceilinged basement with small windows into a recreation room and combine it with the garden floor apartment along with its outdoor space. These are just two of the many options, both include maintaining a sizable amount of rental income. The building has upgraded mechanicals. It is very close to the F train, Prospect Park, excellent shopping, dining, and nightlife on both 7th and 5th Avenues. This is a great chance for the right Park Slope buyer. The current below market rent roll is $111,000 per annum.

Last Agent to Sell the Property

Douglas Bowen

Douglas Elliman Real Estate License #10301217443 Listed on: 07/29/2015

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,440

Lot Details

  • 1,176

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • 3-Story Property
  • Garden

Community Details

  • 3 Units
  • Parkslop Subdivision

Listing and Financial Details

  • Tax Block 1108

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,440

Lot Details

0

Listing Details

  • Cross Street: 15th & 16th Streets
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: PARKSLOP
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Living Area Units: Square Feet
  • Rooms (Total): 13

Beds/Baths

  • Bathrooms Integer: 3
  • Bedrooms: 5

Exterior Features

  • Exterior Features: Garden

Building Info

  • Units: 3
  • Total Stories: 3

Tax Info

  • Tax Block: 1108

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2015
Closed on
Nov 5, 2015
Sold by
Kow Elaine Lin and Lin Hsueh Ching
Bought by
Ps Townhouses Llc
Seller's Agent
Douglas Bowen
Douglas Elliman Real Estate
List Price
$2,575,000
Sold Price
$2,400,000
Premium/Discount to List
-$175,000
-6.8%
Current Estimated Value
$2,705,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,367
Avg. Annual Appreciation
1.22%

Purchase Details

Listed on
Jul 29, 2015
Closed on
Oct 22, 2015
Sold by
Litvak Rufina and Litvak Van Leenen
Bought by
Kow Elaine Lin and Lin Hsueh Ching
Seller's Agent
Douglas Bowen
Douglas Elliman Real Estate
List Price
$2,575,000
Sold Price
$2,400,000
Premium/Discount to List
-$175,000
-6.8%

Purchase Details

Closed on
Feb 20, 2008
Sold by
458 Seventh Llc
Bought by
Litvak Rufina and Litvak Van Leenen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.57%

Purchase Details

Closed on
Jan 22, 1994
Sold by
Ferioli Harold
Bought by
Ferioli Leila
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
Ps Townhouses Llc -- --
Ps Townhouses Llc -- --
Kow Elaine Lin $2,400,000 --
Kow Elaine Lin $2,400,000 --
Litvak Rufina $1,400,000 --
Litvak Rufina $1,400,000 --
Ferioli Leila -- First American Title Ins Co
Ferioli Leila -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Litvak Rufina $265,800
Previous Owner Litvak Rufina $140,000
Previous Owner Litvak Rufina $1,120,000
Previous Owner Ferioli Leila $140,000
Previous Owner Ferioli Leila $40,000
Previous Owner Ferioli Leila $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2015 10/26/15 Sold $2,400,000 -6.8% --
09/26/2015 09/26/15 Pending -- -- --
08/03/2015 08/03/15 For Sale $2,575,000 -- --
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 $5,440 $172,740 $17,640 $155,100
2024 $5,440 $161,100 $17,640 $143,460
2023 $5,501 $172,800 $17,640 $155,160
2022 $5,450 $141,420 $17,640 $123,780
2021 $5,299 $126,600 $17,640 $108,960
2020 $5,056 $140,040 $17,640 $122,400
2019 $4,722 $132,360 $17,640 $114,720
2018 $4,559 $22,572 $3,044 $19,528
2017 $4,559 $22,363 $4,757 $17,606
2016 $4,218 $21,099 $4,440 $16,659
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10061085

Real Estate Board of New York (REBNY)

APN: 01049-0050