NOT LISTED FOR SALE

Estimated Value: $3,870,000 - $4,847,000

-- Bed
-- Bath
3,908 Sq Ft
$1,144/Sq Ft Est. Value

Highlights

  • Pre War Building
  • P.S. 321 William Penn Rated A
  • Community Garden

About This Home

As of November 2020

Welcome to 531 2nd Street! A fully restored townhouse located in the picturesque Park Slope Historic District.

Original details have been exquisitely maintained throughout this palatial 4000sf, 5 bedroom, 2.5 bathroom home. Featuring eloquently refined living beginning at the garden level, with a comfortable family room, an office nook, leading into a large windowed eat-in country kitchen equipped with a Chef's Viking stove, double oven, tasteful built-in cabinets, and multiple pantry space. Followed by an adjoining back laundry room, a renovated half-bath powder room, and a lush private back yard.

Heading upstairs, you are wowed by a generously welcoming and bright grand parlour outfitted with smooth and restored pocket doors throughout, high ceilings with original details, ornate decorative fireplaces, and elegant French doors opening up into a cozy library/home office with a working electric fireplace.

Following along the restored staircase to the first of the bedroom floors, are two spaciously, well-appointed bedrooms, separated by original built-in closets with a dressing area. This level also features a lavish and renovated bathroom with a deep soaking tub and linen closet in the hallway.

Finally, look up to find the original gothic, stained glass sky-light off the staircase, to lead your way to the final floor. Featuring three well-appointed bedrooms, with generous wall-to-wall closet space, a skylight off the center room, and a modern double-vanity bathroom.

This home truly is a wonder with sunny garden and tree-lined exposure out of every window. Further featuring, washer/dryer, central air, original oak floors, a security system and a clean and fully done cellar space for optimal use as a gym area, wine cellar, play area, or the general out-of-sight, out-of-mind storage.

This lovely home is a short distance to the splendid open garden at Prospect Park, with easy access to the F train on 7th Ave, Methodist Hospital, the lovely boutiques, shops and markets of Park Slope and just one block from the highly esteemed PS 321. Dogs are allowed upon approval and must have excellent references.

Last Agent to Rent the Property

John Mazurek

Douglas Elliman Real Estate License #10301207309 Listed on: 08/11/2020

Douglas Elliman Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,658

Year Built

  • Built in 1901

Lot Details

  • 2,004

Home Design

  • Pre War Building

Interior Spaces

  • 3-Story Property

Listing and Financial Details

  • Property Available on 10/1/20
  • Legal Lot and Block 59 / 1076

Community Details

Overview

  • Parkslop Subdivision

Amenities

  • Community Garden
  • Courtyard

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,658

Year Built

Built in 1901

Lot Details

0

Rental Info

  • Available Date: 2020-10-01

Listing Details

  • Cross Street: 7th Ave / 8th Ave
  • Property SubType: Single Family Residence
  • Property Type: Residential Lease
  • Neighborhood: PARKSLOP
  • Architectural Style: Prewar
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Exterior Features

  • Exterior Features: Building Courtyard, Building Garden

Garage/Parking

  • Garage: No

Building Info

  • Units: 2
  • Total Stories: 3
  • Year Built: 1901

Tax Info

  • Tax Block: 1076
  • Tax Lot: 59

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 1998
Sold by
Shanor Marcia
Bought by
Walter Stefan and Sawyer Katherine
Current Estimated Value
$4,469,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
6.94%

Purchase Details

Closed on
Jun 11, 1998
Sold by
Broderick Gail
Bought by
Walter Stefan and Sawyer Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
6.94%

Purchase Details

Closed on
Jun 8, 1998
Sold by
Esposito Clare
Bought by
Walter Stefan and Sawyer Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
6.94%

Purchase Details

Closed on
Jun 4, 1998
Sold by
Ruggiero John
Bought by
Walter Stefan and Sawyer Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
6.94%
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
Walter Stefan -- First American Title Ins Co
Walter Stefan -- First American Title Ins Co
Walter Stefan -- First American Title Ins Co
Walter Stefan -- First American Title Ins Co
Walter Stefan $725,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walter Stefan $580,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2020 11/09/20 Rented -- -- --
08/11/2020 08/11/20 For Rent $12,000 -25.0% --
05/31/2018 05/31/18 Rented -- -- --
05/01/2018 05/01/18 Under Contract -- -- --
03/19/2018 03/19/18 For Rent $16,000 0.0% --
04/18/2014 04/18/14 Rented -- -- --
03/19/2014 03/19/14 Under Contract -- -- --
03/14/2014 03/14/14 For Rent $16,000 -- --
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 $11,658 $290,160 $44,340 $245,820
2024 $11,658 $274,980 $44,340 $230,640
2023 $11,788 $322,440 $44,340 $278,100
2022 $10,902 $284,700 $44,340 $240,360
2021 $11,369 $226,260 $44,340 $181,920
2020 $8,574 $269,760 $44,340 $225,420
2019 $10,119 $253,020 $44,340 $208,680
2018 $9,860 $48,370 $10,138 $38,232
2017 $9,775 $47,953 $8,111 $39,842
2016 $9,049 $45,266 $8,937 $36,329
2015 $5,456 $42,721 $11,134 $31,587
2014 $5,456 $40,309 $12,073 $28,236
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10658598

Real Estate Board of New York (REBNY)

APN: 01076-0059