NOT LISTED FOR SALE

540 8th St Unit TOWNHOUSE Brooklyn, NY 11215

Park Slope Neighborhood

Estimated Value: $4,271,000 - $5,830,000

5 Beds
3 Baths
3,024 Sq Ft
$1,620/Sq Ft Est. Value

Last Sold February 11, 2019

Last sale price $3,175,000 $1,050 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $27,297/month

56 Days on Market

About This Home

As of February 2019

Nestled just steps from Prospect Park on one of Park Slope's premier landmarked park blocks, this handsome two-family limestone has been lovingly maintained by the same family for decades and can easily be converted into a single-family home.

Period details ensconce each of the three levels of this inviting home. Climb up the stoop and enter the foyer of the gracious parlor level. Pocket doors open into the sun-filled living room with three tall south-facing bay windows that boast stained glass transom and a gorgeous pier mirror, serving as the centerpiece of the room. The living room flows into an inviting drawing room, which is the perfect space to use for reading, lingering conversations, cocktail hour, games, and afternoon naps. In the rear are the two bedrooms that peacefully overlook the verdant garden below along with a full updated bath. The master is enhanced by a decorative fireplace. Throughout this level are inlaid parquet and strip hardwood floors, generous ceiling height, picture moldings, built-ins, and original woodwork.

The garden level can be accessed by either of two staircases or privately from outside. Pocket doors lead to an elegant formal dining room with space for both intimate and large gatherings. Details include wainscoting, parquet flooring, a decorative fireplace, and a built-in curio. The kitchen, in the rear section of this level, offers a functional layout and plentiful cabinet and counter space, including a breakfast counter, awaits your creative vision to transform it into a chef's delight. Allowing for seamless indoor and outdoor living and entertaining, the professionally-tended garden, featuring a deck and a circular patio, is accessible through the kitchen. The laundry room and half bath are conveniently located next to the kitchen.

A stained-glass skylight welcomes you as you reach the top level of the house via the carved wooden staircase. Enveloped in natural sunlight, the airy and chic upper floor is currently configured as a two-bedroom rental unit (vacant), consisting of a bay-windowed living room with a decorative fireplace and mantelpiece and windows that overlook leafy 8th Street, an adjoining bedroom that is ideal for a nursery, a separate sitting room or study, a king-size master bedroom with three bay windows with garden views, a windowed eat-in kitchen with quartz countertops and a dishwasher, and a full bath with a linen closet. There is ample closet space throughout the unit along with high ceilings, moldings, and refinished hardwood flooring.

Last Agent to Sell the Property

Elizabeth Kohen

Garfield Realty Corp License #10311203731 Listed on: 09/06/2018

Co-Listed By

Paul Paglia

Garfield Realty Corp License #10311203732

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,626

Lot Details

  • 1,830

Home Design

  • 3,024 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Community Details

  • 2 Units
  • Park Slope Subdivision

Listing and Financial Details

  • Tax Block 01091

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,626

Lot Details

0

Listing Details

  • Exposures: North,South
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Park Slope
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 3024.0
  • Living Area Units: Square Feet
  • Rooms (Total): 11

Beds/Baths

  • Bathrooms Integer: 3
  • Bedrooms: 5

Building Info

  • Units: 2

Tax Info

  • Tax Block: 01091

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2018
Closed on
Feb 8, 2019
Sold by
Peretz Andrea F and Peretz Paul Allan
Bought by
George Bradley and George Louise
Seller's Agent
Elizabeth Kohen
Garfield Realty Corp
List Price
$3,175,000
Sold Price
$3,175,000
Current Estimated Value
$4,899,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,724,401
Avg. Annual Appreciation
6.73%
Original Mortgage
$2,200,000
Outstanding Balance
$1,934,194
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,965,207
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
George Bradley $3,175,000 --
George Bradley $3,175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open George Bradley $2,200,000
Closed George Bradley $2,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2019 02/11/19 Sold $3,175,000 0.0% $1,050 / Sq Ft
11/02/2018 11/02/18 Pending -- -- --
09/06/2018 09/06/18 For Sale $3,175,000 -- $1,050 / 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 $14,626 $130,020 $35,700 $94,320
2024 $14,626 $102,720 $35,700 $67,020
2023 $9,543 $210,300 $35,700 $174,600
2022 $6,625 $230,400 $35,700 $194,700
2021 $10,704 $214,200 $35,700 $178,500
2020 $10,704 $216,720 $35,700 $181,020
2019 $8,919 $210,720 $35,700 $175,020
2018 $7,956 $40,488 $7,083 $33,405
2017 $7,515 $38,336 $7,814 $30,522
2016 $6,924 $36,187 $6,660 $29,527
2015 $4,142 $36,177 $9,024 $27,153
2014 $4,142 $35,532 $10,637 $24,895
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10415673

Real Estate Board of New York (REBNY)

APN: 01091-0029