NOT LISTED FOR SALE

Estimated Value: $1,623,000 - $2,397,000

5 Beds
3 Baths
2,712 Sq Ft
$750/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $1,600,000 $590 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $11,000/month

29 Days on Market

About This Home

As of February 2022

Sun drenched townhouse with endless possibilities.

Welcome to 595 Eastern Parkway, a sun drenched, south facing two family 20' 48' home, with tons of potential in the heart of the thriving community of northern Crown Heights, just a short distance from Prospect Park! The options are endless here to create the brownstone home of your dreams. Located on Eastern Parkway between New York and Nostrand avenues this house sits on a 20' x 100' lot that is dramatically set back and then further protected from the street by the trees, walkway and mall. This home features a large front and back yard, a barrel front fa ade and massive stoop. Do not miss your opportunity to experience classic brownstone living. This property works as a two family to generate income and help pay the mortgage or as a wonderful and spacious single family home. Original detail abounds which gives the new homeowner the potential to blend old world charm with that modern touch. There is central a/c with duct work. A new roof was installed last year. The basement is semi-finished with concrete floors, new electrical boxes, new water heater and gas service. The property currently has 15 rooms with 5 bedrooms, 3 bathrooms and two kitchens. This location offers all that the diverse and flourishing neighborhood of Crown Heights has to share. Come enjoy local favorites such as Barboncino Pizza, Catfish Cafe, Cent'Anni, Chavel's, Aita Trattoria, The Crown Inn, and Two Saints. Union Market will soon be opening on the corner of Bedford Ave and Lincoln Place and there is a Key Food on Nostrand. Close to Brooklyn's largest farmers market at Grand Army Plaza every Saturday, Prospect Park, the Brooklyn Botanic Garden as well as the Brooklyn Museum. Subway options at Nostrand Avenue (2,3,4), Franklin Ave (2,3,4,5) and Botanic Garden (s) trains stations are moments away.

Last Agent to Sell the Property

Michael Tannen

Corcoran Group License #10401287448 Listed on: 10/12/2021

Corcoran Group

Co-Listed By

Kirra Caruso

Corcoran Group License #10301221407

Property Details

Home Type

  • Multi-Family

Home Design

Interior Spaces

  • 2-Story Property
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Washer Dryer Allowed

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 5

Garage/Parking

  • Garage: No

Building Info

  • Units: 2
  • Total Stories: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2021
Closed on
Feb 25, 2022
Sold by
Cowell Eugene Theodore and Cowell Jr. Eugene T
Bought by
595 Ep Llc
Seller's Agent
Michael Tannen
Corcoran Group
List Price
$1,595,000
Sold Price
$1,600,000
Premium/Discount to List
$5,000
0.31%
Current Estimated Value
$1,993,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$393,948
Avg. Annual Appreciation
6.44%
Original Mortgage
$1,200,000
Outstanding Balance
$1,112,165
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$920,796

Purchase Details

Closed on
Jul 29, 2005
Sold by
Cowell Sole Distributee Eugene T
Bought by
Cowell Eugene T

Purchase Details

Closed on
Jan 26, 2004
Sold by
Cowell Eugene L and Cowell Luara
Bought by
Cowell Eugene T
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
595 Ep Llc $1,600,000 --
595 Ep Llc $1,600,000 --
595 Ep Llc $1,600,000 --
Cowell Eugene T -- --
Cowell Eugene T -- --
Cowell Eugene T -- --
Cowell Eugene T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 595 Ep Llc $1,200,000
Closed 595 Ep Llc $1,200,000
Closed Cowell Eugene T $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2022 02/25/22 Sold $1,600,000 +0.3% $590 / Sq Ft
10/12/2021 10/12/21 For Sale $1,595,000 -- $588 / 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 $6,637 $108,000 $20,220 $87,780
2024 $6,637 $94,560 $20,220 $74,340
2023 $6,711 $101,640 $20,220 $81,420
2022 $6,318 $91,800 $20,220 $71,580
2021 $6,510 $87,000 $20,220 $66,780
2020 $3,053 $87,180 $20,220 $66,960
2019 $5,760 $94,920 $20,220 $74,700
2018 $5,613 $27,536 $5,046 $22,490
2017 $5,376 $26,374 $6,344 $20,030
2016 $5,154 $25,780 $8,370 $17,410
2015 $3,001 $24,322 $11,189 $13,133
2014 $3,001 $22,947 $12,621 $10,326
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10757715

Real Estate Board of New York (REBNY)

APN: 01262-0049