NOT LISTED FOR SALE

587 3rd Ave Brooklyn, NY 11215

Gowanus Neighborhood

Estimated Value: $787,000 - $1,842,000

3 Beds
1 Bath
1,584 Sq Ft
$690/Sq Ft Est. Value

Last Sold November 21, 2024

Last sale price $760,000 $480 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $5,997/month

Highlights

  • Wood Flooring
  • 4-minute walk to Prospect Avenue (D,M,N,R Line)
  • Heating System Uses Steam
  • P.S. 124 Silas B Dutcher Rated A-
  • Cooling Available

About This Home

As of November 2024

DELIVERED VACANT!!! Experienced investors/contractors/flippers this one is for you. House needs renovation so deal must be ALL CASH, all offers submitted with proof of funds, must take AS IS. Rare Affordable Opportunity to Work & Live in Park Slope. 1st Floor has been totally Gutted. Design your Dream Apartment House Size 18'×44', Lot Size 18'×44', Year Built 1899, Taxes $3,050. **Listing agent is Part Owner of this Property**

Last Agent to Sell the Property

Mike Guagliano

Ben Bay Realty Co of Bay Ridge Listed on: 09/06/2024

Last Buyer's Agent

Mike Guagliano

Ben Bay Realty Co of Bay Ridge Listed on: 09/06/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,099

Year Built

  • Built in 1899

Lot Details

  • 792 Sq Ft Lot
  • Lot Dimensions are 44 x 18

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Rubber Roof
  • Stucco Exterior

Interior Spaces

  • 1,584 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling Available
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Community Details

  • 2 Units
  • 2 Vacant Units

Listing and Financial Details

  • Tax Block 1046

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,099

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Basement Amenities: Unfinished
  • Total Bathrooms: 2.00
  • Borough: Brooklyn
  • Building Length: 44.00
  • Building Width: 18.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 15th St
  • Cross Street Name2: 16th St
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Available Units: 2
  • Number Of Families: 2
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall
  • Fill Sq Ft Total: 1584
  • Building Stories: 2
  • Street Name I D X: 3rd
  • Year Built: 1899
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood
  • Lot Sq Ft: 792

Exterior Features

  • Yard: None
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Stucco
  • Foundation Details: Block
  • Lot Number: 2
  • Roof: Rubber

Utilities

  • Air Conditioning Units: 1
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 44
  • Lot Size Width: 18
  • Zoning: C2-4 / R6A

Tax Info

  • Flip Tax Amount: 3099.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2024
Closed on
Nov 21, 2024
Sold by
Guagliano Angelo and Guagliano John
Bought by
Gowanus 587 Llc
Seller's Agent
Mike Guagliano
Ben Bay Realty Co of Bay Ridge
Buyer's Agent
Mike Guagliano
Ben Bay Realty Co of Bay Ridge
List Price
$829,000
Sold Price
$760,000
Premium/Discount to List
-$69,000
-8.32%
Views
14
Current Estimated Value
$1,093,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,053
Avg. Annual Appreciation
39.15%

Purchase Details

Closed on
Mar 9, 2006
Sold by
Weber James H
Bought by
Guagliano Angelo and Guagliano John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 2005
Sold by
Fisher
Bought by
Weber James H
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
Gowanus 587 Llc $760,000 --
Gowanus 587 Llc $760,000 --
Guagliano Angelo $415,000 --
Guagliano Angelo $415,000 --
Weber James H -- --
Weber James H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guagliano Angelo $332,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/21/2024 11/21/24 Sold $760,000 0.0% $480 / Sq Ft
11/21/2024 11/21/24 Sold $760,000 -8.3% $480 / Sq Ft View Prior Sale
09/06/2024 09/06/24 Pending -- -- --
09/06/2024 09/06/24 For Sale $829,000 0.0% $523 / Sq Ft
07/11/2024 07/11/24 Price Changed $829,000 -2.4% $523 / Sq Ft
06/19/2024 06/19/24 Price Changed $849,000 -5.6% $536 / Sq Ft
05/15/2024 05/15/24 For Sale $899,000 -- $568 / Sq Ft
05/15/2024 05/15/24 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $3,245 $79,440 $9,480 $69,960
2024 $3,245 $82,020 $9,480 $72,540
2023 $3,099 $91,080 $9,480 $81,600
2022 $2,875 $86,400 $9,480 $76,920
2021 $2,865 $74,940 $9,480 $65,460
2020 $1,424 $80,760 $9,480 $71,280
2019 $2,817 $71,580 $9,480 $62,100
2018 $2,592 $12,717 $2,019 $10,698
2017 $2,446 $12,000 $2,137 $9,863
2016 $2,268 $11,344 $2,304 $9,040
2015 $1,365 $11,344 $2,816 $8,528
2014 $1,365 $11,220 $3,343 $7,877
Source: Public Records

Agents Affiliated with this Home

  • Mike Guagliano

    Seller's Agent in 2024

    Mike Guagliano

    Ben Bay Realty Co of Bay Ridge

    (917) 613-0847

    2 in this area

    12 Total Sales

    Mike Guagliano
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 485808

Brooklyn Board of REALTORS®

APN: 01046-0002

New York Kings County Brooklyn 11215 Gowanus

587 3rd Ave, Brooklyn, NY

Not Listed for Sale

MultiFamily

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