NOT LISTED FOR SALE

Estimated Value: $5,788,457 - $7,715,000

5 Beds
3 Baths
4,960 Sq Ft
$1,397/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $6,000,000 $1,210 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $39,220/month

263 Days on Market

About This Home

As of October 2020

Architect: Delson or Sherman (http://delsonsherman.com/projects/brooklyn-architects-carefully-restored/)

Configuration: Single Family

Levels: 4

Lot: 21' x 100'

Building: 21' x 50' with a 15' extension on the first two floors

Square footage: 4,830

556 1st Street is possibly the most exquisite home on the market in Park Slope. The sellers and their design team renovated the historic townhouse in its entirety while carefully restoring all detail. There is all new electrical, plumbing, windows (Marvin & Optimum), roof (Kemperol System - 165 Fleece with BR Resin) with 11 year warranty, copper water main, zoned central air conditioning, hot water radiators, hot water heater, furnace and much more.

Some personal touches that you will not find in any other home are the music studio with a southern garden view, a media room with an over-sized aquarium and a library that hosts 2,000 books.

The kitchen is a true chef's kitchen with custom Bamboo Cabinets, Soapstone Counters, Sub Zero Refrigerator, Thermador Double Oven with 6-burners and a griddle, GE Monogram Hood that vents out and a built-in dining area.

In addition to hot water radiators, the entire ground floor, kitchen and bathrooms have radiant heat. There are six (6) gas fireplaces, each with a beautiful decorative plate while not in use. Custom cabinets, built-ins as well as cedar closets in the master bedroom and ground floor were put in to maximize storage capacity.

Generous proportions in every room along with the careful curation and prime location, make this home one of a kind and an easy top choice.

Last Agent to Sell the Property

Terry Naini

Brown Harris Stevens Residential Sales LLC License #30NA1012651 Listed on: 12/12/2019

Brown Harris Stevens Residential Sales LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,616

Lot Details

  • 2,091

Interior Spaces

  • 3-Story Property
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Community Details

  • Park Slope Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,616

Lot Details

0

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Park Slope
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Washer Dryer Allowed
  • Rooms (Total): 11

Beds/Baths

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

Garage/Parking

  • Garage: No

Building Info

  • Units: 1
  • Total Stories: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2010
Sold by
Bradford-Watt Dawn Nichole and Watt Robert Thomson
Bought by
Archimedes Park 556 Llc
Current Estimated Value
$6,928,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,570,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2009
Sold by
Lawton Drusilla N and Lawton Lewis %
Bought by
Bradford-Watt Dawn Nicole and Watt Robert Tomson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,291,250
Interest Rate
5.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 2003
Sold by
Rivera Erminia and Rivera Gilbert
Bought by
Lawton Drusilla N

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
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 1998
Sold by
Basili Renzo S
Bought by
Rivera Gilbert and Rivera Erminia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$742,500
Interest Rate
7.05%

Purchase Details

Closed on
Jul 18, 1994
Sold by
Basili Renzo S
Bought by
Basili Renzo S
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
Archimedes Park 556 Llc $5,950,000 --
Archimedes Park 556 Llc $5,950,000 --
Bradford-Watt Dawn Nicole $3,525,000 --
Bradford-Watt Dawn Nicole $3,525,000 --
Lawton Drusilla N $2,400,000 --
Lawton Drusilla N $2,400,000 --
Rivera Gilbert $990,000 --
Rivera Gilbert $990,000 --
Basili Renzo S -- Ticor Title Guarantee Compan
Basili Renzo S -- Ticor Title Guarantee Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bradford-Watt Dawn Nichole $5,403
Previous Owner Archimedes Park 556 Llc $3,570,000
Previous Owner Bradford-Watt Dawn Nicole $2,291,250
Previous Owner Lawton Drusilla N $1,000,000
Previous Owner Rivera Gilbert $100,000
Previous Owner Rivera Gilbert $742,500
Closed Lawton Drusilla N $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $6,000,000 0.0% $1,210 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
12/12/2019 12/12/19 For Sale $6,000,000 -- $1,210 / 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 $17,616 $468,240 $51,900 $416,340
2024 $17,616 $369,840 $51,900 $317,940
2023 $17,492 $369,960 $51,900 $318,060
2022 $16,221 $302,820 $51,900 $250,920
2021 $16,994 $331,860 $51,900 $279,960
2020 $8,033 $355,620 $51,900 $303,720
2019 $15,290 $348,060 $51,900 $296,160
2018 $14,632 $71,776 $10,669 $61,107
2017 $13,803 $67,714 $11,814 $55,900
2016 $13,453 $67,293 $12,200 $55,093
2015 $6,686 $63,992 $15,973 $48,019
2014 $6,686 $60,908 $13,753 $47,155
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10613183

Real Estate Board of New York (REBNY)

APN: 01077-0023