NOT LISTED FOR SALE

Estimated Value: $2,067,070 - $4,353,000

6 Beds
3 Baths
-- Sq Ft
1899 Built

Sale Details

Date Sold: August 10, 2018

Last sale price $1,730,000 $0 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $17,522 / mo

338 Days on Market

Highlights

  • Pre War Building
  • PS 31 Samuel F Dupont Rated A
  • 3-minute walk to Greenpoint Playground

About This Home

As of August 2018

PRICE REDUCED,MOTIVATED SELLER!!...This well maintained 3 story building is perfectly located on a very desirable street in the heart of Greenpoint, Close to the East River FERRY, 5 minutes away from the subway and buses that stop on the block with easy access to Downtown Brooklyn. The Lot is 25 ft x100 ft, building dimensions: 25 ft X 35ft with a HUGE private backyard.The basement is finished and includes laundry and a private entrance into backyard as well as being accessible from the front of the bldg..The house is currently set up as 3 apartments, each unit features high ceilings. The second floor has beautiful hardwood floors, the top floor and hall ways have carpeting.Currently the property is occupied by 2 good standing tenants on the 3rd floor and 2nd floor without leases,The building could be delivered vacant with 30days notice or with the tenants. 1st floor is vacant, taxes $4,022 /year Don't miss on this great opportunity to own a house with rental income. . Call or email for a private viewing..

Last Agent to Sell the Property

Fay Curtis

Highline Residential LLC License #10301218590 Listed on: 07/31/2017

Highline Residential LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1899

Home Design

  • Pre War Building

Interior Spaces

  • 3-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Community Details

  • 3 Units
  • Greenpt Subdivision

Listing and Financial Details

  • Tax Block 2487

Property Details

Home Type

Multi-Family

Year Built

Built in 1899

Listing Details

  • Cross Street: Frankin St
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: GREENPT
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Integer: 3
  • Bedrooms: 6

Garage/Parking

  • Garage: No

Building Info

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

Tax Info

  • Tax Block: 2487

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2023
Sold by
Pakala Swetha and Pedtke Andrew
Bought by
Pakala Swetha
Current Estimated Value
$3,173,268

Purchase Details

Closed on
Mar 9, 2020
Sold by
Pakala Swetha and Pedtke Andrew
Bought by
Pakala Swetha and Pedtke Andrew

Purchase Details

Listed on
Jul 31, 2017
Closed on
Aug 1, 2018
Sold by
Karczewski Michael
Bought by
Pakala Swetha and Pedtke Andrew
Seller's Agent
Fay Curtis
Highline Residential LLC
List Price
$3,200,000
Sold Price
$1,730,000
Premium/Discount to List
-$1,470,000
-45.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.23%
Original Mortgage
$1,384,000
Outstanding Balance
$1,196,928
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,976,340

Purchase Details

Closed on
Jun 25, 1997
Sold by
Karczewski Helen
Bought by
Karczewski Michael
Source: Public Records
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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
Pakala Swetha $345,000 --
Pakala Swetha $345,000 --
Pakala Swetha $345,000 --
Pakala Swetha -- --
Pakala Swetha -- --
Pakala Swetha -- --
Pakala Swetha $1,730,000 --
Pakala Swetha $1,730,000 --
Pakala Swetha $1,730,000 --
Karczewski Michael -- Commonwealth Land Title Ins
Karczewski Michael -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pakala Swetha $1,384,000
Closed Pakala Swetha $1,384,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2018 08/10/18 Sold $1,730,000 -45.9% --
07/11/2018 07/11/18 Pending -- -- --
08/06/2017 08/06/17 For Sale $3,200,000 -- --
Source: Real Estate Board of New York (REBNY)

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 $5,181 $210,540 $20,940 $189,600
2024 $5,181 $212,640 $20,940 $191,700
2023 $5,195 $260,940 $20,940 $240,000
2022 $4,821 $222,900 $20,940 $201,960
2021 $4,767 $172,080 $20,940 $151,140
2019 $4,497 $141,840 $20,940 $120,900
2018 $4,345 $21,316 $3,308 $18,008
2017 $4,102 $20,124 $2,977 $17,147
2016 $3,796 $18,987 $3,721 $15,266
2015 $2,070 $18,984 $4,433 $14,551
2014 $2,070 $17,914 $5,020 $12,894
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10466047

Real Estate Board of New York (REBNY)

APN: 02487-0029

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