NOT LISTED FOR SALE

Estimated Value: $4,025,000 - $4,991,161

Studio
-- Bath
3,400 Sq Ft
$1,347/Sq Ft Est. Value

Last Sold October 13, 2016

Last sale price $2,300,000 $676 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $24,778/month

151 Days on Market

About This Home

As of October 2016

A fabulous opportunity on one of Park Slope's premier blocks. Rarely seen on the market, this four story two family brownstone is a canvas you can fill with your dreams. Currently set up as an upper triplex with a garden rental, it could easily be reconfigured by the discerning buyer into a single family four story paradise. Bring your architect or contractor . The location is perfect! Seventh Avenue and the Center Slope are less than a minute's walk away - with everything you came to live in the Slope for close to hand. Restaurants, shopping and schools are a short distance away. Loved the outdoors? Prospect Park. where you can exercise, play, walk your dog and enjoy music, is a block and half from your door. This opportunity will not last. Call for an appointment.

Last Agent to Sell the Property

Christopher Howard

Compass License #10301204190 Listed on: 04/09/2016

Compass

Property Details

Home Type

  • Multi-Family

Lot Details

  • 1,525

Home Design

Interior Spaces

  • 3,400 Sq Ft Home
  • 4-Story Property

Community Details

  • 2 Units
  • Parkslop Subdivision

Listing and Financial Details

  • Tax Block 1078

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Cross Street: 7th Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: PARKSLOP
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Living Area: 3400.0
  • Living Area Units: Square Feet

Building Info

  • Units: 2
  • Total Stories: 4

Tax Info

  • Tax Block: 1078

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2016
Closed on
Oct 13, 2016
Sold by
Morrison John K
Bought by
507 Third Street Llc
Seller's Agent
Christopher Howard
Compass
List Price
$2,600,000
Sold Price
$2,300,000
Premium/Discount to List
-$300,000
-11.54%
Current Estimated Value
$4,579,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,279,387
Avg. Annual Appreciation
7.74%
Original Mortgage
$1,700,000
Interest Rate
3.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2003
Sold by
Morrison Mildred N
Bought by
Morrison John K
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
507 Third Street Llc $2,300,000 --
507 Third Street Llc $2,300,000 --
507 Third Street Llc $2,300,000 --
Morrison John K -- --
Morrison John K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 507 Third Street Llc $1,700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2022 04/20/22 Off Market $2,300,000 -- --
10/13/2016 10/13/16 Sold $2,300,000 -11.5% $676 / Sq Ft
09/13/2016 09/13/16 Pending -- -- --
04/14/2016 04/14/16 For Sale $2,600,000 -- $765 / 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 $10,277 $265,140 $36,960 $228,180
2024 $10,277 $265,020 $36,960 $228,060
2023 $10,362 $269,100 $36,960 $232,140
2022 $9,613 $230,700 $36,960 $193,740
2021 $10,074 $222,480 $36,960 $185,520
2020 $4,726 $197,520 $36,960 $160,560
2019 $6,710 $202,680 $36,960 $165,720
2018 $8,370 $42,518 $8,200 $34,318
2017 $7,880 $40,128 $6,245 $33,883
2016 $7,665 $39,890 $7,189 $32,701
2015 $4,346 $37,646 $10,185 $27,461
2014 $4,346 $35,532 $11,535 $23,997
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10100718

Real Estate Board of New York (REBNY)

APN: 01078-0073