NOT LISTED FOR SALE

48 Sherman St Brooklyn, NY 11215

Windsor Terrace Neighborhood

Estimated Value: $3,006,000 - $3,646,086

4 Beds
3 Baths
2,783 Sq Ft
$1,189/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $2,550,000 $916 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $18,518/month

Highlights

  • Pre War Building
  • P.S. 154 The Windsor Terrace School Rated A
  • 5-minute walk to Thomas J. Cuite Park

About This Home

As of June 2021

Classic three story limestone on the best Windsor Terrace block. Loaded with detail plus modernized systems, kitchen and baths.

Last Agent to Sell the Property

James Cornell

Corcoran Group License #30CO0781622 Listed on: 04/22/2021

Corcoran Group

Co-Listed By

Leslie Marshall

Corcoran Group License #30MA1045304

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,708

Year Built

  • Built in 1901

Lot Details

  • Lot Dimensions are 104.0 x 19.0
  • Property is in good condition

Home Design

  • Pre War Building

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Community Details

  • Windsor Terrace Subdivision

Listing and Financial Details

  • Tax Block 1116

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,708

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Cross Street: 10th Avenue & 11th Avenue
  • Property SubType: Single Family Townhouse
  • Property Type: Residential
  • Neighborhood: Windsor Terrace
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Beds/Baths

  • Bathrooms Total: 3
  • Full Bathrooms: 3
  • Bedrooms: 4

Exterior Features

  • Property Condition: Good

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 104.0 x 19.0

Building Info

  • Units: 1
  • Total Stories: 2
  • Year Built: 1901
  • Roof Rights: No

Tax Info

  • Tax Block: 1116
  • Building Tax Lot: 0029

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2021
Closed on
Jun 28, 2021
Sold by
Banks Steven
Bought by
Longley Serena and Paryzer Andrew
Seller's Agent
James Cornell
Corcoran Group
List Price
$2,600,000
Sold Price
$2,550,000
Premium/Discount to List
-$50,000
-1.92%
Current Estimated Value
$3,308,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$758,272
Avg. Annual Appreciation
5.77%
Original Mortgage
$2,000,000
Outstanding Balance
$1,818,619
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,412,972

Purchase Details

Closed on
Oct 1, 1997
Sold by
Bullock Doris
Bought by
Banks Steven and Schneider Jean T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.7%
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
Longley Serena $2,550,000 --
Banks Steven $475,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Longley Serena $2,000,000
Previous Owner Banks Steven $533,851
Previous Owner Banks Steven $75,000
Previous Owner Banks Steven $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $2,550,000 -1.9% $916 / Sq Ft
04/22/2021 04/22/21 For Sale $2,600,000 -- $934 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
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 $10,708 $209,640 $34,980 $174,660
2024 $10,708 $200,400 $34,980 $165,420
2023 $7,963 $183,120 $34,980 $148,140
2022 $9,527 $149,880 $34,980 $114,900
2021 $9,205 $137,040 $34,980 $102,060
2020 $6,904 $123,960 $34,980 $88,980
2019 $9,001 $132,360 $34,980 $97,380
2018 $8,248 $41,920 $10,552 $31,368
2017 $7,807 $39,770 $11,217 $28,553
2016 $7,211 $37,621 $11,544 $26,077
2015 $4,305 $37,621 $15,342 $22,279
2014 $4,305 $37,024 $18,120 $18,904
Source: Public Records

Agents Affiliated with this Home

  • James Cornell

    Seller's Agent in 2021

    James Cornell

    Corcoran Group

    (917) 882-4412

    2 in this area

    219 Total Sales

    James Cornell
    Section Image
  • Leslie Marshall

    Seller Co-Listing Agent in 2021

    Leslie Marshall

    Corcoran Group

    (646) 361-3384

    2 in this area

    223 Total Sales

    Leslie Marshall
    Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10713337

Real Estate Board of New York (REBNY)

APN: 01116-0029

New York Kings County Brooklyn 11215 Windsor Terrace

48 Sherman St, Brooklyn, NY

This home is located at 48 Sherman St, Brooklyn, NY 11215 since 22 April 2021 and is currently estimated at $3,308,272, approximately $1,188 per square foot. This property was built in 1901. 48 Sherman St is a home located in Kings County with nearby schools including P.S. 154 The Windsor Terrace School, Brooklyn Urban Garden Charter School, and St. Joseph the Worker Catholic Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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