NOT LISTED FOR SALE

Estimated Value: $1,870,000 - $2,289,000

5 Beds
3.5 Baths
2,700 Sq Ft
$740/Sq Ft Est. Value

Last Sold May 26, 2021

Last sale price $2,125,000 $787 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $10,994/month

147 Days on Market

Highlights

  • Pre War Building
  • Building Terrace
  • 5-minute walk to Brevoort Playground
  • Terrace

About This Home

As of May 2021

561 MacDonough was originally constructed in 1901. This newly renovated home is the perfect combination of high-end finishes, modern technology, and impeccable details, an honorable salute to its past. This townhouse is a two-family brownstone that features 5 bedrooms, 3 full bathrooms, 1 powder room, a large parlor deck, and an expansive backyard garden. From American Walnut floors to original doors and exposed brick, attention to detail can be found throughout this well-appointed home. As you enter the owner's three-bedroom duplex, you are greeted by a welcoming foyer and an original beveled glass door. Stepping into a 42-foot parlor, you realize the breadth of space as the 10.5-foot ceilings let the light radiate throughout the open floor plan. To the right, a formal living room area with a wood-burning fireplace and beautiful molding offers a great space for entertaining. To the left, a large dining area and thoughtfully designed powder room. In the back, your kitchen features a three-seat island, decorative fireplace, custom cabinetry, and quartz countertops. With a farmhouse sink and a full complement of appliances including a Viking refrigerator, Wolf five-burner stove, and microwave drawer, this kitchen is a chef's dream. Upstairs you find three bedrooms and two full baths. The elegant primary bedroom faces the serene backyard gardens and features three windows and a large closet. The primary bath is adorned with hexagon marble tiled floors, a tasteful double vanity, and a glass-enclosed rain shower. As you head down the hall, you pass the marble-tiled second bathroom adjacent to two comfortable bedrooms. From the built-in sound system to the Lutron lighting to restored mantles and newel, this home offers a perfect blend of new technology and original charm. The private basement can be accessed through an interior staircase and is finished with textured tile floors. It can easily be transformed into a playroom, home office, or artist studio. The separate garden floor two-bedroom unit can serve as an income-producing property or in-law apartment. This masterfully re-imagined townhouse is located in the heart of Bedford Stuyvesant. You are moments away from great dining establishments such as L'Antagoniste, Chez Oscar, The Wilky, Saraghina's, and Greedi Kitchen as well as several local parks that feature playgrounds, basketball courts, and tennis courts. Nearby public transportation includes the A/C or J/M trains and the Halsey St B26, and JFK is a short 20-minute drive. Additionally, the acclaimed Coop School relocated to the area a year ago.

Last Agent to Sell the Property

Tali Berzak

Compass License #10301209148 Listed on: 12/29/2020

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1901

Lot Details

  • 1,873

Home Design

  • Pre War Building

Interior Spaces

  • 2,700 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms

Additional Features

  • Terrace
  • Lot Dimensions are 18.0 x 100.0

Community Details

  • Stuyvesant Heights Subdivision
  • Building Terrace

Listing and Financial Details

  • Legal Lot and Block 64 / 1673

Property Details

Home Type

Multi-Family

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Cross Street: Patchen Avenue/Ralph Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Stuyvesant Heights
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Living Area: 2700.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 5

Exterior Features

  • Patio/Porch Features: Building Terrace, Terrace

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 18.0 x 100.0

Building Info

  • Total Stories: 2
  • Year Built: 1901

Tax Info

  • Tax Block: 1673
  • Tax Lot: 64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2020
Closed on
May 26, 2021
Sold by
144 Bricks Llc
Bought by
Holmes Pryce Leroy and Krouse Jennifer Kim
Seller's Agent
Tali Berzak
Compass
List Price
$2,125,000
Sold Price
$2,125,000
Current Estimated Value
$1,998,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$126,422
Avg. Annual Appreciation
-1.30%
Original Mortgage
$1,700,000
Outstanding Balance
$1,532,417
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$466,161

Purchase Details

Listed on
Oct 1, 2019
Closed on
Aug 3, 2020
Sold by
Alloway As Administrator Ebone S and Estate Of Shirley Rhodes
Bought by
144 Bricks Llc
Seller's Agent
Anthony Morris
Corcoran Group
List Price
$1,195,000
Sold Price
$1,055,000
Premium/Discount to List
-$140,000
-11.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
137.38%
Original Mortgage
$1,000,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 2000
Sold by
Rhodes Shirley
Bought by
Rhodes Shirley
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
Holmes Pryce Leroy $2,125,000 --
Holmes Pryce Leroy $2,125,000 --
Holmes Pryce Leroy $2,125,000 --
144 Bricks Llc $1,055,000 --
144 Bricks Llc $1,055,000 --
144 Bricks Llc $1,055,000 --
Rhodes Shirley -- Commonwealth Land Title Ins
Rhodes Shirley -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holmes Pryce Leroy $1,700,000
Closed Holmes Pryce Leroy $1,700,000
Previous Owner 144 Bricks Llc $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/26/2021 05/26/21 Sold $2,125,000 0.0% $787 / Sq Ft
12/29/2020 12/29/20 For Sale $2,125,000 +101.4% $787 / Sq Ft
08/03/2020 08/03/20 Sold $1,055,000 -11.7% $451 / Sq Ft View Prior Sale
12/23/2019 12/23/19 Pending -- -- --
09/30/2019 09/30/19 For Sale $1,195,000 -- $511 / 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 $7,383 $130,860 $18,360 $112,500
2024 $7,383 $103,380 $18,360 $85,020
2023 $7,204 $93,300 $18,360 $74,940
2022 $6,824 $76,380 $18,360 $58,020
2021 $4,886 $65,880 $18,360 $47,520
2019 $4,497 $85,620 $18,360 $67,260
2018 $4,163 $20,420 $5,770 $14,650
2017 $3,944 $19,347 $5,126 $14,221
2016 $3,868 $19,347 $6,527 $12,820
2015 $1,982 $18,984 $9,591 $9,393
2014 $1,982 $17,914 $10,857 $7,057
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10829353

Real Estate Board of New York (REBNY)

APN: 01673-0064