NOT LISTED FOR SALE

Estimated Value: $3,165,000 - $5,713,000

5 Beds
3 Baths
3,700 Sq Ft
$1,296/Sq Ft Est. Value

Last Sold July 28, 2022

Last sale price $4,995,000 $1,350 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $27,481/month

1,499 Days on Market

Highlights

  • City View
  • Pre War Building
  • Wood Burning Fireplace
  • P.S. 321 William Penn Rated A
  • Laundry Facilities

About This Home

As of July 2022

548 2nd Street is a magnificent 20' wide, 1891-built Romanesque Revival townhouse fresh off of an expert, multi-year renovation helmed by prominent local architect SYA Architecture & Interiors. Just over one block to Prospect Park on the south side of one of Park Slope's most sought after streets, the spectacular reimagining of this residence seamlessly blends the home's exceedingly special prewar character with every imaginable modern luxury.

Currently used as a sprawling single family home, this modern masterpiece now features three-zone central air conditioning, fully updated plumbing and electric, new mechanicals, spectacular new bathrooms, a gorgeous new kitchen, noteworthy layout alterations, a whole house water filtration system, new windows, CAT5 wiring throughout and an entirely redesigned and gut-renovated garden floor - which is now a massive media room, play room and gym - all while meticulously preserving the home's important historic character.

Enter the bright parlor floor to find soaring, nearly 11' ceilings, a wood-burning fireplace, original pocket doors, original wooden window shutters and striking herringbone-patterned hardwood floors. The moldings remain beautifully intact, as do the original stained glass transoms over the front windows. The front parlor is currently used as an elegant formal living room. Meanwhile, the rear parlor houses an enormous dining room and the renovated, windowed kitchen featuring black stainless steel appliances, white subway tiled backsplash, sleek Caeserstone countertops and massive amounts of storage.

Just beyond the kitchen, exit the sliding glass doors to find an absolutely stunning, south-facing full-width deck and flawlessly landscaped garden. The deck is partially shaded by a swoon-worthy wisteria winding its way around the trellis above. Descending into the 45' deep garden, you'll find additional room to roam, grill, dine and relax while surrounded by perfectly landscaped raised mulch beds and shaded by a truly gorgeous dogwood tree.

Back downstairs to the garden level, what was once a modest one bedroom apartment has been completely reimagined into a luxurious full-floor leisure space. White-washed exposed brick frames the media room which leads to the oversized play room. Just beyond the play room is a fully equipped home gym with south-facing views onto the garden. Completing the garden level is a brand new, full bathroom with striking tiled and radiant heated floors and a top-of-the-line Steamist Shower system featuring built-in Bluetooth speakers, colored lighting and several scented essential oils from which to choose.

Just above the parlor level lies the full-floor primary suite. The endlessly elegant primary bedroom looks out onto the garden and comes replete with a fully customized, enormous walk-in-closet/dressing room and a wonderfully luxurious, totally renovated windowed bathroom with tiled and radiant heated floors and a separate exterior vanity. Down the hall, you'll find a massive north-facing room which is currently used as a library/office with three windows and built-in bookshelves aplenty.

Ascending the stairs to the top floor, light streams in from the intricate stained glass skylight above. On this level lies three bedrooms, two additional oversized walk-in-closets, another completely renovated bathroom featuring gorgeously tiled and radiant heated floors yet again, along with a deep soaking tub and double vanity. Completing the picture on the top floor is perhaps the most welcoming laundry room in all of Brooklyn.

Perfectly located, expertly renovated; 548 2nd Street is as desirable of a home as exists in the highly sought after Park Slope townhouse market today.

Last Agent to Sell the Property

James Fedorko

Compass License #10401217238 Listed on: 05/11/2022

Compass

Co-Listed By

Sean McGinley

Compass License #10401248119

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,294

Year Built

  • Built in 1891

Lot Details

  • Lot Dimensions are 20.0 x 95.0

Home Design

  • Pre War Building

Interior Spaces

  • 3,700 Sq Ft Home
  • 3-Story Property
  • Wood Burning Fireplace
  • City Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Community Details

  • Park Slope Subdivision
  • Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 27 / 1078

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,294

Year Built

Built in 1891

Lot Details

0

Listing Details

  • Cross Street: 7th Avenue/8th Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Park Slope
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 3700.0
  • Living Area Units: Square Feet
  • Rooms (Total): 12

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 5

Exterior Features

  • View: City
  • View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area

Lot Info

  • Lot Size Dimensions: 20.0 x 95.0

Building Info

  • Total Stories: 3
  • Year Built: 1891

Tax Info

  • Tax Block: 1078
  • Tax Lot: 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2022
Closed on
Jul 26, 2022
Sold by
Reader Joshua David and Reader Rachel Lauren
Bought by
Boyagi Mark and Drobot Mariia
Seller's Agent
James Fedorko
Compass
List Price
$4,995,000
Sold Price
$4,995,000
Total Days on Market
1499
Views
6
Current Estimated Value
$4,794,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$200,707
Avg. Annual Appreciation
0.86%
Original Mortgage
$2,026,151
Outstanding Balance
$1,946,171
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,181,294

Purchase Details

Closed on
Aug 10, 2018
Sold by
Chelius Gerald E and Chelius Jane A
Bought by
Reader Joshua David and Reader Rachel Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,850,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
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
Boyagi Mark $5,250,000 --
Reader Joshua David $3,800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boyagi Mark $2,026,151
Previous Owner Reader Joshua David $9,180
Previous Owner Reader Joshua David $2,850,000
Previous Owner Chelius Gerald E $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2022 07/28/22 Sold $4,995,000 0.0% $1,350 / Sq Ft
05/12/2022 05/12/22 Price Changed $4,995,000 0.0% $1,350 / Sq Ft
05/12/2022 05/12/22 For Sale $4,995,000 0.0% $1,350 / Sq Ft
06/06/2018 06/06/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $4,995,000 -- $1,350 / 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 $16,294 $276,660 $38,100 $238,560
2024 $16,294 $286,140 $38,100 $248,040
2023 $16,476 $310,680 $38,100 $272,580
2022 $11,673 $249,900 $38,100 $211,800
2021 $11,989 $242,340 $38,100 $204,240
2020 $8,992 $245,160 $38,100 $207,060
2019 $10,793 $239,160 $38,100 $201,060
2018 $10,518 $51,595 $9,582 $42,013
2017 $9,933 $48,729 $7,305 $41,424
2016 $9,491 $47,475 $8,540 $38,935
2015 $5,325 $44,788 $12,075 $32,713
2014 $5,325 $42,996 $13,911 $29,085
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10785662

Real Estate Board of New York (REBNY)

APN: 01078-0027