NOT LISTED FOR SALE

Estimated Value: $2,426,387

Studio
-- Bath
-- Sq Ft
2007 Built

About This Home

As of October 2018

Brand new live/work commercial unit on 39th and 5th Avenue. Beautiful and modern, this massive loft allows for a very versatile use of space. While you'd be signing a commercial lease, the landlord is on board with tenants using as a live/work space. Enter into unit by means of your own private elevator that you have exclusive access to via personalized key. Granite countertops and stainless steel kitchen (please note there are no dishwashers or stove) open into a massive expanse with floor to ceiling windows, allowing for ample natural light. Central air, security system, and dual bathrooms, one including massive shower space, are among the many amenities found at 551 39th. In the rear of this 2,000 sqft space you'll find your own private 25x10 terrace with unobstructed views of the beautiful Manhattan skyline. Minutes from the N,D,R at 36th Street, next stop putting you at Atlantic Terminal/Barclays Center. Pets allowed upon approval. Available immediately. This space is beyond unique and truly not to be missed.

Last Agent to Rent the Property

Jessica Caputo

Corcoran Group License #10401238374 Listed on: 10/02/2018

Corcoran Group

Property Details

Home Type

  • Multi-Family

Year Built

  • 2007

Home Design

Community Details

  • 2 Units
  • Sunset Park Subdivision

Listing and Financial Details

  • Property Available on 10/15/18

Property Details

Home Type

Multi-Family

Year Built

2007

Lot Details

0

Rental Info

  • Available Date: 2018-10-15

Listing Details

  • Cross Street: 6th Avenue
  • Property SubType: Multi Family
  • Property Type: Residential Lease
  • Neighborhood: Sunset Park
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 2007

Building Info

  • Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2014
Sold by
Brp Equities Llc
Bought by
551 39Th Street Llc
Current Estimated Value
$2,426,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Outstanding Balance
$996,704
Interest Rate
4.18%
Mortgage Type
Commercial
Estimated Equity
$1,429,683

Purchase Details

Closed on
May 15, 2009
Sold by
South Slope Development One Llc
Bought by
Brp Equities Llc

Purchase Details

Closed on
Jul 28, 2006
Sold by
Condello Joseph and Massa Frances
Bought by
South Slope Development One Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.8%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
551 39Th Street Llc $1,550,000 --
Brp Equities Llc $1,135,000 --
South Slope Development One Llc $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 551 39Th Street Llc $1,300,000
Previous Owner South Slope Development One Llc $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2018 10/02/18 For Rent $2,900 -- --
10/02/2018 10/02/18 Rented -- -- --
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 $19,685 $511,200 $33,750 $477,450
2024 $19,685 $364,050 $33,750 $330,300
2023 $19,364 $416,250 $33,750 $382,500
2022 $18,681 $378,450 $33,750 $344,700
2021 $16,602 $353,250 $33,750 $319,500
2020 $18,980 $375,750 $33,750 $342,000
2019 $18,689 $366,300 $33,750 $332,550
2018 $15,613 $322,200 $33,300 $288,900
2017 $3,501 $102,600 $33,300 $69,300
2016 $19,858 $207,000 $33,300 $173,700
2015 $217 $196,200 $33,300 $162,900
2014 $217 $184,050 $33,300 $150,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10490245

Real Estate Board of New York (REBNY)

APN: 00903-0146