NOT LISTED FOR SALE

Estimated Value: $4,942,000 - $6,294,000

6 Beds
3 Baths
5,045 Sq Ft
$1,115/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $4,350,000 $862 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $30,472/month

196 Days on Market

Highlights

  • Pre War Building
  • Den
  • Entrance Foyer
  • P.S. 321 William Penn Rated A
  • Eat-In Kitchen
  • Garden

About This Home

As of November 2020

559 1st Street and Parking This magnificent masterpiece sitting a whopping 23.5 wide with gracious proportions awaits it's new owner. This home is a legal two family home being used as a one family home. Turn of the century details include the elegant bowed front windows, parquet and inlaid flooring, exquisite mahogany woodwork, full height pocket doors, fireplaces, original built-in mahogany & glass cabinetry, plaster walls and ceilings and pristine ornamental plaster molding. The parlor level is home to the massive formal dining and living rooms as well as a small elegant caterers kitchen fitted with marble and lovely appliances. This small kitchen could easily be expanded or converted to a stunning windowed powder room. The master floor features its original Birdseye Maple woodwork, soaring ceilings, plaster ceilings and molding, original fireplace, two dressing areas with sinks, and a large renovated master bath complete with its original stained glass window. The top floor features two large bedrooms with dressing area in-between, a full bath, fireplace, oak woodwork and a third additional small bedroom. The garden floor has a large sitting room and is home to the cooks kitchen complete with a 6 burner w/ grill Viking range, Viking exhaust hood, Sub Zero refrigerator. The rear garden, yard and extension are conveniently off the kitchen and perfect for parties and al fresco entertaining. Creature comforts include CAC, gas heat and full sized laundry. Deeded parking is available to trade with the home.

Last Agent to Sell the Property

Jessica Buchman

Corcoran Group License #10301200330 Listed on: 02/11/2020

Corcoran Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1901

Home Design

  • Pre War Building

Interior Spaces

  • 5,045 Sq Ft Home
  • 4-Story Property
  • Entrance Foyer
  • Den
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Garden
  • Central Air

Community Details

  • Park Slope Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1901

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 1st Street & 1st Street
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Park Slope
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4

Interior Features

  • Interior Features: Den, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen
  • Appliances: Dryer, Washer
  • Living Area: 5045.0
  • Living Area Units: Square Feet
  • Dining Room Type: Den

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 6

Exterior Features

  • Exterior Features: Garden

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Building Info

  • Units: 1
  • Total Stories: 4
  • Year Built: 1901

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2020
Closed on
Dec 11, 2020
Sold by
Knowles Daniel M and Knowles Marian L
Bought by
Weiss Alan L and Weiss Samantha Bubes
Seller's Agent
Jessica Buchman
Corcoran Group
List Price
$4,995,000
Sold Price
$4,350,000
Premium/Discount to List
-$645,000
-12.91%
Current Estimated Value
$5,624,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,274,254
Avg. Annual Appreciation
4.94%
Original Mortgage
$3,039,676
Outstanding Balance
$2,704,880
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,919,374

Purchase Details

Closed on
Sep 6, 1996
Sold by
Bidner Jo A
Bought by
Knowles Daniel M and Knowles Marian L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$709,200
Interest Rate
7.89%
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
Weiss Alan L $4,350,000 --
Knowles Daniel M $886,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weiss Alan L $3,039,676
Previous Owner Knowles Daniel M $709,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2020 11/20/20 Sold $4,350,000 -12.9% $862 / Sq Ft
08/20/2020 08/20/20 Pending -- -- --
02/05/2020 02/05/20 For Sale $4,995,000 -- $990 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $14,508 $365,700 $51,960 $313,740
2024 $14,508 $349,620 $51,960 $297,660
2023 $14,619 $364,140 $54,120 $310,020
2022 $10,171 $296,160 $54,120 $242,040
2021 $14,221 $324,780 $54,120 $270,660
2020 $6,672 $326,700 $54,120 $272,580
2019 $12,592 $329,460 $54,120 $275,340
2018 $12,228 $59,984 $9,230 $50,754
2017 $11,540 $56,611 $9,141 $47,470
2016 $11,257 $56,312 $10,869 $45,443
2015 $6,441 $53,148 $13,564 $39,584
2014 $6,441 $50,163 $12,538 $37,625
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10612949

Real Estate Board of New York (REBNY)

APN: 01075-0049

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