NOT LISTED FOR SALE

Estimated Value: $1,985,671 - $3,710,000

Studio
-- Bath
2,790 Sq Ft
$1,085/Sq Ft Est. Value

Last Sold October 05, 2020

Last sale price $2,600,000 $932 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $17,121/month

82 Days on Market

About This Home

As of October 2020

A rare opportunity to own a piece of Park Slope history. This vacant brick townhouse is situated in one of Brownstone Brooklyn's prime historic districts on an idyllic tree-lined street just a block and a half from majestic Prospect Park. The classic 20' x 50' legal three family home, was built at the turn of the century on a 100 foot lot and spans 2,790 SF with 1,200 SF buildable potentially available. The possibilities are enticing for end users or investor alike. This home can easily be modified to a custom single family or provide a substantially high return with either a condo or rental conversion.The historic buildings and cultural charms of the area has earned Park Slope the ranks as one of New York City's most desirable neighborhoods to live in for the past several years. The Brooklyn Public Library, Grand Army Plaza, the Brooklyn Botanical Garden, and the Brooklyn Museum are just a few of these institutions to boot. Excellent transportation, parking garages, top rated public and private schools, and a variety of notable restaurants, bars, and shops line the Avenues of 7th and 5th .Stamped and approved plans are available by request.

Last Agent to Sell the Property

Nadia Bartolucci

Douglas Elliman Real Estate License #10401204719 Listed on: 01/27/2020

Douglas Elliman Real Estate

Co-Listed By

Rachel Altschuler

Sothebys International Realty License #10301201527

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1901

Lot Details

  • 2,004

Interior Spaces

  • 3-Story Property

Community Details

  • 3 Units
  • Parkslop Subdivision

Listing and Financial Details

  • Legal Lot and Block 57 / 1094

Property Details

Home Type

Multi-Family

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Cross Street: 8th Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: PARKSLOP
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Garage/Parking

  • Garage: No

Building Info

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

Tax Info

  • Tax Block: 1094
  • Tax Lot: 57

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2024
Sold by
11Th Street Residence Llc
Bought by
Caroline K Powers As Trustee and David A Powers As Trustee
Current Estimated Value
$3,028,168

Purchase Details

Closed on
Dec 17, 2024
Sold by
11Th Street Residence Llc
Bought by
Wander Lars and Wander Oriana

Purchase Details

Closed on
Jun 29, 2023
Sold by
543 11Th Street Llc
Bought by
11Th Street Residence Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,814,620
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 27, 2020
Closed on
Oct 2, 2020
Sold by
Rdc Homes Llc
Bought by
543 11Th Street Llc
Seller's Agent
Nadia Bartolucci
Douglas Elliman Real Estate
List Price
$2,850,000
Sold Price
$2,600,000
Premium/Discount to List
-$250,000
-8.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.95%
Original Mortgage
$1,654,620
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2018
Sold by
Professional Service Centers and Psch Inc
Bought by
Rdc Homes Llc
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
Caroline K Powers As Trustee $1,912,782 --
Caroline K Powers As Trustee $1,912,782 --
Wander Lars $2,651,777 --
Wander Lars $2,651,777 --
11Th Street Residence Llc -- --
11Th Street Residence Llc -- --
11Th Street Residence Llc -- --
543 11Th Street Llc $2,325,000 --
543 11Th Street Llc $2,325,000 --
543 11Th Street Llc $2,325,000 --
Rdc Homes Llc $2,300,000 --
Rdc Homes Llc $2,300,000 --
Rdc Homes Llc $2,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 11Th Street Residence Llc $1,814,620
Previous Owner 543 11Th Street Llc $1,654,620
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2020 10/05/20 Sold $2,600,000 -8.8% $932 / Sq Ft
04/27/2020 04/27/20 Pending -- -- --
02/04/2020 02/04/20 For Sale $2,850,000 -- $1,022 / 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 $15,441 $212,580 $38,040 $174,540
2024 $15,441 $203,220 $38,040 $165,180
2023 $12,813 $191,940 $38,040 $153,900
2022 $7,882 $175,020 $38,040 $136,980
2021 $7,842 $162,720 $38,040 $124,680
2020 $3,898 $164,640 $38,040 $126,600
2019 $7,733 $182,100 $38,040 $144,060
2018 $0 $34,873 $8,102 $26,771
2017 $0 $32,901 $7,916 $24,985
2016 -- $31,053 $7,238 $23,815
2015 -- $31,053 $9,220 $21,833
2014 -- $30,804 $10,975 $19,829
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10622193

Real Estate Board of New York (REBNY)

APN: 01094-0057