NOT LISTED FOR SALE

Estimated Value: $1,761,262 - $2,697,000

5 Beds
5 Baths
3,000 Sq Ft
$693/Sq Ft Est. Value

Last Sold March 11, 2016

Last sale price $1,195,000 $398 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $11,336/month

76 Days on Market

Highlights

  • Pre War Building
  • Garden
  • Central Air

About This Home

As of March 2016

A stunning multi- townhouse in a desirable Stuyvesant Heights location, this recently renovated property features five bedrooms, luxurious finishes and a sprawling 900-square-foot garden. Once featured on HGTVs House Hunters, the 2,200-square-foot house sports a sleek brick facade painted white with a charming cornice.

An eight-foot entryway sets the tone for the massive owners duplex. The living room boasts 11-foot ceilings with exposed brick, modern recessed lighting, eye-pleasing crown molding, decadently stained hardwood flooring and handsome paneled glass windows. The adjacent open kitchen is blasted with natural light as well, via dual paneled windows of its own. Its exquisite island has a granite countertop with plenty of room for seating, while the custom cabinetry, wine rack and high-end stainless steel appliances are sure to impress. Step outside onto the new deck overlooking the garden where lush overhanging branches provide shade for you and your guests. Walk upstairs underneath an oversized central skylight to find three generous bedrooms, including the master suitea king-sized bedroom with a skylight as well, plus a spa-like en-suite bath. A second full bathroom on this floor features yet another skylight and designer finishes.

The homes lower level unit has eight-foot ceilings and an open-concept living room with a brick fireplace. Theres a lovely kitchen with custom cabinetry and steel trimmings matching the top-of-the-line stainless steel appliances, along with a large bedroom, rec room, a full bathroom, a powder room and separate washer/dryer hookups.

Residents at 582 Lexington Avenue will enjoy an outstanding Brooklyn lifestyle on a beautiful block filled with more prized townhomes. A number of eclectic eateries, bars, parks and playgrounds pepper the neighborhood, while the J/Z trains are within an easy walking distance to the east and the G train is a few blocks west.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,527

Lot Details

  • 1,786

Home Design

  • Pre War Building
  • Entry on the 3rd floor

Interior Spaces

  • 3,000 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Garden
  • Central Air

Community Details

  • 2 Units
  • Bedford Stuyvesant Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,527

Lot Details

0

Listing Details

  • Cross Street: Marcus Garvey Blvd
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Bedford Stuyvesant
  • Architectural Style: Prewar
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 3000.0
  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Integer: 5
  • Bedrooms: 5

Exterior Features

  • Exterior Features: Garden

Utilities

  • Cooling: Building Cooling, Central Air
  • Cooling: Yes

Building Info

  • Units: 2
  • Total Stories: 3

Tax Info

  • Tax Block: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2021
Sold by
Somrak Lauren E
Bought by
Kakran Uppal Llc
Current Estimated Value
$2,077,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,320,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 25, 2015
Closed on
Mar 11, 2016
Sold by
582 Lexington Llc
Bought by
Somrak Lauren E
List Price
$1,195,000
Sold Price
$1,195,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.91%
Original Mortgage
$956,000
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 2014
Sold by
Washington James
Bought by
582 Lexington Llc

Purchase Details

Closed on
Feb 16, 2007
Sold by
Anderson Eva and Anderson Willie
Bought by
Washington James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,500
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 2006
Sold by
Anderson Eva and Anderson Willie
Bought by
Anderson Eva and Anderson Willie

Purchase Details

Closed on
Mar 21, 1995
Sold by
Greenpoint Bank
Bought by
Anderson Willie and Anderson Eva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,137
Interest Rate
8.8%
Mortgage Type
FHA
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
Kakran Uppal Llc $1,650,000 --
Kakran Uppal Llc $1,650,000 --
Somrak Lauren E $1,195,000 --
Somrak Lauren E $1,195,000 --
582 Lexington Llc $499,000 --
582 Lexington Llc $499,000 --
Washington James $595,000 --
Washington James $595,000 --
Anderson Eva -- --
Anderson Eva -- --
Anderson Willie $125,000 Ticor Title Guarantee Compan
Anderson Willie $125,000 Ticor Title Guarantee Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kakran Uppal Llc $1,320,000
Previous Owner Somrak Lauren E $956,000
Previous Owner Washington James $470,500
Previous Owner Anderson Willie $122,137
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2016 03/11/16 Sold $1,195,000 0.0% $398 / Sq Ft
02/10/2016 02/10/16 Pending -- -- --
11/25/2015 11/25/15 For Sale $1,195,000 -- $398 / 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 $5,527 $113,040 $20,640 $92,400
2024 $5,527 $89,280 $20,640 $68,640
2023 $5,588 $78,900 $20,640 $58,260
2022 $5,271 $84,840 $20,640 $64,200
2021 $5,242 $79,440 $20,640 $58,800
2020 $2,458 $96,300 $20,640 $75,660
2019 $4,797 $82,860 $20,640 $62,220
2018 $4,674 $22,931 $6,045 $16,886
2017 $4,656 $22,842 $7,548 $15,294
2016 $4,458 $22,302 $7,477 $14,825
2015 $871 $8,533 $6,206 $2,327
2014 $871 $8,060 $4,987 $3,073
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10060251

Real Estate Board of New York (REBNY)

APN: 01624-0040