NOT LISTED FOR SALE

Estimated Value: $3,641,000 - $4,250,000

Studio
-- Bath
4,408 Sq Ft
$888/Sq Ft Est. Value

Sale Details

Date Sold: June 18, 2014

Last sale price $2,335,000 $530 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $23,201 / mo

37 Days on Market

About This Home

As of June 2014

ONE OF THE BEST VALUES IN COBBLE HILL. This huge four story brick townhome is nearly 22' wide and is located steps to the very best that Cobble Hill offers. IT WILL BE DELIVERED VACANT. This home has had substantial high quality upgrades to the electical, plumbing, and heating but needs minor cosmetic upgrates. This home could be a wonderful primary residence or it could be a superb investment property. Currently configured as a garden/parlor duplex with two rentals overhead, you can easily live in the apartment of your dreams and collect $7,000 in rental income. Alternatively, this property would generate approximately $150,000 per year solely as an investment property. EACH UNIT PAYS IT'S OWN HEAT, so expenses are extremely low. Located between Kane and Degraw Streets, this property is very close to Court Street, Brooklyn Heights, Brooklyn Bridge Park, excellent schools, public transportation, and more. A superb value for a savvy buyer.

Last Agent to Sell the Property

Alexander Maroni

Douglas Elliman Real Estate License #10301201619 Listed on: 03/20/2014

Douglas Elliman Real Estate
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Home Design

  • Pre War Building

Interior Spaces

  • 4,408 Sq Ft Home
  • 3-Story Property

Listing and Financial Details

  • Tax Block 321

Community Details

Overview

  • 3 Units
  • Cobble Hill Subdivision

Building Details

  • Water Sewer Expense $1,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Degraw Street
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Cobble Hill
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Living Area: 4408.0
  • Living Area Units: Square Feet

Fee Information

  • Annual Water Sewer Expense: 1200.0

Building Info

  • Units: 3
  • Total Stories: 3
  • Year Built: 1900

Tax Info

  • Tax Block: 321

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2014
Closed on
Jun 16, 2014
Sold by
Bought by
Seller's Agent
Alexander Maroni
Douglas Elliman Real Estate
List Price
$2,499,000
Sold Price
$2,335,000
Premium/Discount to List
-$164,000
-6.56%
Current Estimated Value
$3,913,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,578,632
Avg. Annual Appreciation
4.33%

Purchase Details

Closed on
Feb 26, 2014
Sold by
Bought by

Purchase Details

Closed on
Dec 7, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Interest Rate
6.36%

Purchase Details

Closed on
Apr 13, 2004
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,335,000 --
$1,500,000 --
-- --
$275,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $10,000
Closed $110,000
Previous Owner $665,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/18/2014 06/18/14 Sold $2,335,000 -6.6% $530 / Sq Ft
05/19/2014 05/19/14 Pending -- -- --
04/11/2014 04/11/14 For Sale $2,499,000 -- $567 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $20,274 $276,600 $42,480 $234,120
2025 $19,162 $289,320 $42,480 $246,840
2024 $19,162 $228,540 $42,480 $186,060
2023 $18,113 $254,040 $42,480 $211,560
2022 $17,073 $242,520 $42,480 $200,040
2021 $18,087 $201,360 $42,480 $158,880
2020 $17,257 $244,140 $42,480 $201,660
2019 $16,089 $194,100 $42,480 $151,620
2018 $14,132 $72,559 $15,199 $57,360
2017 $14,145 $72,559 $14,804 $57,755
2016 $13,775 $72,014 $15,058 $56,956
2015 $3,689 $67,938 $21,319 $46,619
2014 $3,689 $64,093 $17,093 $47,000
Source: Public Records

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10060849

Real Estate Board of New York (REBNY)

APN: 00321-0009

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