NOT LISTED FOR SALE

Estimated Value: $1,435,525 - $1,663,000

5 Beds
3 Baths
2,430 Sq Ft
$632/Sq Ft Est. Value

Last Sold January 31, 2024

Last sale price $1,360,000 $560 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $8,327/month

11 Days on Market

Highlights

  • Property is near public transit
  • 3-minute walk to Chauncey Street
  • Heating System Uses Steam
  • Cooling System Mounted In Outer Wall Opening
  • Park
  • 3-minute walk to Marion Hopkinson Playground

About This Home

As of January 2024

Welcome to 587 Bainbridge St. in Ocean Hill, Brooklyn. This recently renovated legal three family brownstone on a lovely tree lined street is walking distance to transportation and shops. A wonderful bright and airy feeling throughout. The garden level apartment features a large renovated eat in kitchen with door out to yard, spacious living room, oversized bedroom and ample closet space, home office, full renovated bath. The first floor and second floor units each feature a renovated kitchen, living room, two spacious bedrooms with ample closet space, and an updated bathroom.So many culinary hotspots in and around Ocean Hill. If you're not an investor already, now's the time! Here's a perfect opportunity to live in the fantastic borough of Brooklyn AND in a fantastic, historic, income producing home! Priced to sell at $1,375,000 BuildingAreaSource: Public Records, ParkingFeatures: On Street,

Last Agent to Sell the Property

Cynthia Rossi

RE/MAX Prime Properties Brokerage Phone: (914) 723-1212 License #40RO0698486 Listed on: 11/29/2023

RE/MAX Prime Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,344

Year Built

  • Built in 1901

Lot Details

  • 1,742 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • Frame Construction
  • Stone Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 01507-0065

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,344

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1901
  • Attribution Contact: (914) 723-1212
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Basement: Unfinished
  • Total Bedrooms: 5
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Stone

Garage/Parking

  • Attached Garage: No
  • Garage: No

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Steam
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.04
  • Parcel Number: 01507-0065
  • Property Attached: Yes

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 4
  • Separate Gas Meters: 3
  • NumberOf1Bedrooms: 1
  • NumberOf2Bedrooms: 2

Tax Info

  • Tax Annual Amount: 4344
  • Tax Map Number: 01507-0065

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: Brooklyn 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2023
Closed on
Jan 31, 2024
Sold by
Bodden Cromwell C
Bought by
Aya Morimoto and The Sonoko G Walter Trust
Seller's Agent
Cynthia Rossi
RE/MAX Prime Properties
List Price
$1,375,000
Sold Price
$1,360,000
Premium/Discount to List
-$15,000
-1.09%
Views
757
Current Estimated Value
$1,535,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,131
Avg. Annual Appreciation
6.48%

Purchase Details

Closed on
Feb 10, 2022
Sold by
Bodden Cromwell C and Connor Deceased Guillermina
Bought by
Bodden Cromwell C

Purchase Details

Closed on
Jun 13, 2018
Sold by
Connor Guillermina and Phinn Deceased
Bought by
Bodden Cromwell C and Connor Guillermina
Source: Public Records
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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
Aya Morimoto $1,360,000 --
Aya Morimoto $1,360,000 --
Bodden Cromwell C -- --
Bodden Cromwell C -- --
Bodden Cromwell C -- --
Bodden Cromwell C -- --
Bodden Cromwell C -- --
Bodden Cromwell C -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2024 01/31/24 Sold $1,360,000 -1.1% $560 / Sq Ft
12/11/2023 12/11/23 Pending -- -- --
11/29/2023 11/29/23 For Sale $1,375,000 -- $566 / Sq Ft
Source: OneKey® MLS

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 $4,548 $80,820 $19,260 $61,560
2024 $4,548 $76,320 $19,260 $57,060
2023 $4,344 $93,660 $19,260 $74,400
2022 $4,034 $83,580 $19,260 $64,320
2021 $3,723 $84,420 $19,260 $65,160
2019 $3,654 $87,480 $19,260 $68,220
2018 $3,336 $17,823 $5,681 $12,142
2017 $3,133 $16,838 $6,019 $10,819
2016 $2,871 $15,914 $7,682 $8,232
2015 $1,696 $15,898 $9,199 $6,699
2014 $1,696 $15,724 $10,921 $4,803
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6276884

OneKey® MLS

APN: 01507-0065