NOT LISTED FOR SALE

Estimated Value: $1,614,000 - $2,203,000

4 Beds
2 Baths
2,720 Sq Ft
$725/Sq Ft Est. Value

Last Sold October 09, 2020

Last sale price $1,775,000 $653 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $11,333/month

29 Days on Market

About This Home

As of October 2020

Captivating Brownstone Beauty

Nestled on an iconic tree-lined street in historic Stuyvesant Heights, this three story two family New-Grec Brownstone is awash with original period details while affording the owner the convenience of high end finishes.

The parlor level is expansive and airy, featuring 11 foot high ceilings, luscious period details including beautiful hardwood flooring with inlaid parquetry borders, crown molding throughout, ceiling medallions, pocket doors and shutters and a beautifully restored etched decorative fireplace. The updated kitchen is made for entertaining, spilling out to the deck with access to the private south facing garden. Art nouveau lighting fixtures throughout the parlor level cast the entire floor with a feeling of warmth and grandeur.

On the top floor are three bedrooms including a king sized master bedroom, with an enormous alcove. There are restored decorative mantels in two of the bedrooms The bathroom has been tastefully renovated and has the original clawfoot tub, wainscoting and a small hexagon tile true to the era.

The garden level is a one bedroom apartment set up to rent right away, with a private entrance, a mud room and a gorgeous bathroom with a deep soak tub and subway tiles.

The finished basement has concrete floors, tall ceilings and separated mechanicals. Turn it into your own media or rumpus room!

Bedford Stuyvesant is home to some of New York's finest restaurants, from the Michelin Starred L'Antagoniste to Saraghina's and Peaches Hot House, boozy and quirky cafes like Lunatico, Lovers Rock, and the list goes on with new spots opening up all the time.

490 Halsey Street is located in very close proximity to the Utica Ave A/C trains as well as the Halsey Street Station J train. The townhouse is 20X43 feet on a 100 foot lot. This landmarked home is zoned RB6, has 1,280 square feet of unused FAR and annual real estate taxes of $4,253. This property will be delivered vacant.

Co-Listed By

Wilford Nelson

Corcoran Group License #10401281660

Corcoran Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,130

Year Built

  • Built in 1899

Lot Details

  • 2,004

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 3-Story Property
  • Lot Dimensions are 100.0 x 20.0

Community Details

  • 2 Units
  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Tax Block 1665

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,130

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Cross Street: Lewis Avenue & Stuyvesant Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Bedford - Stuyvesant
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Rooms (Total): 8

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 4

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 100.0 x 20.0

Building Info

  • Units: 2
  • Total Stories: 3
  • Year Built: 1899

Tax Info

  • Tax Block: 1665

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2020
Closed on
Oct 9, 2020
Sold by
Burch Obrecht Susan and Obrecht Bethany T
Bought by
Lee Cook Brendan
List Price
$1,650,000
Sold Price
$1,775,000
Premium/Discount to List
$125,000
7.58%
Current Estimated Value
$1,970,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,914
Avg. Annual Appreciation
3.53%
Original Mortgage
$1,420,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 2018
Sold by
Dimin Sean
Bought by
Obrecht Susan Burch

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 18, 2010
Sold by
Estate Of Mildred Mceachin
Bought by
Dimin Sean and Obrecht Bethany T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,000
Interest Rate
4.25%
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
Lee Cook Brendan $1,775,000 --
Obrecht Susan Burch $300,000 --
Dimin Sean $490,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Cook Brendan $1,420,000
Previous Owner Dimin Sean $300,000
Previous Owner Dimin Sean $233,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2020 10/09/20 Sold $1,775,000 +7.6% $653 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
06/20/2020 06/20/20 For Sale $1,650,000 -- $607 / 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 $7,130 $112,380 $20,220 $92,160
2024 $7,130 $132,240 $20,220 $112,020
2023 $4,627 $120,840 $20,220 $100,620
2022 $4,291 $103,440 $20,220 $83,220
2021 $4,478 $79,860 $20,220 $59,640
2020 $2,102 $89,700 $20,220 $69,480
2019 $3,972 $93,120 $20,220 $72,900
2018 $3,870 $18,987 $3,897 $15,090
2017 $3,652 $17,914 $5,799 $12,115
2016 $3,545 $17,733 $7,751 $9,982
2015 $2,038 $16,744 $10,967 $5,777
2014 $2,038 $15,823 $12,432 $3,391
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10642962

Real Estate Board of New York (REBNY)

APN: 01665-0015