NOT LISTED FOR SALE

Estimated Value: $1,667,000 - $2,335,000

6 Beds
3 Baths
2,040 Sq Ft
$928/Sq Ft Est. Value

Last Sold February 24, 2021

Last sale price $1,500,000 $735 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $10,219/month

52 Days on Market

About This Home

As of February 2021

In a neighborhood full of exceptional architecture, this beautiful 2 family home is a true representation of the classic Brooklyn Brownstone. This duplex over garden level layout is ideal for an owner intending to offset the cost of a mortgage or for an investor to maximize returns from two units with incredibly low taxes.

Careful consideration was taken to preserve the charming historic details of this 19th Century brownstone and numerous upgrades have been made to the kitchen, bathrooms, hard wood flooring, building mechanicals, roof, additional electrical outlets, and all new windows. This home preserves much of the original detailing including intricate woodworking around the main entry and doorways, beautiful original vestibule doors, plaster ceiling medallions, bannisters, pocket doors, pocket shutters, inlay parquet floors, and 5 decorative fire places that give gorgeous character and charm throughout.

Intelligently configured so that an owner can live in the upper 3 bed plus office, 1.5 bath duplex while collecting rent from the garden level 2 bedroom apartment below. This 2,040sqft, 17 foot wide home, is set on a 100 foot long lot with a peaceful backyard and spacious deck off the kitchen.

The Parlor level is comprised of the living/dining room, large kitchen and half bath with high ceilings and incredible light from over-sized windows. The upper level has two large bedrooms with an internal third bedroom featuring a skylight as well as an office/den/nursery and a full bathroom.

The garden level 2 bed 1 bath unit has a separate entrance and is currently occupied by an excellent tenant paying $2,050/month through the end of May, 2021. A washer/dryer is located on the garden level and can be used by either or both apartments. The basement has a concrete floor and houses the updated building mechanicals. There are approximately 1,360sqft of unused FAR so this house could be potentially expanded to 3,400sqft.

Bedford Stuyvesant is a largely residential neighborhood known for its rich history and rows of architecturally stunning brownstones and limestones in the Romanesque Revival, Renaissance Revival and Queen Anne styles. Mama Fox, Bar LunAtico, Chez Oskar, L'Antagoniste, Bar Cammilo, Saraghina, Peaches Hothouse, Beso are some delicious local favorites. Recent additions include Halsey Market for groceries and a Tribeca Pediatrics. Central to a number of playgrounds and parks, including Herbert Von King Park, one of the first parks built in Brooklyn, designed by Olmstead & Vaux, who also designed Prospect Park. Convenient to the A, C, J, Z trains.

Please note this house is a legal 3 family home used as a 2 family home. This is a co-listing with Douglas Elliman

Last Agent to Sell the Property

Tamer Howard

Corcoran Group License #10401271372 Listed on: 10/27/2020

Corcoran Group

Property Details

Home Type

  • Condo-Op

Year Built

  • Built in 1899

Lot Details

  • 1,699

Interior Spaces

  • 2-Story Property

Community Details

  • 3 Units
  • Bed Stuy Subdivision

Listing and Financial Details

  • Legal Lot and Block 22 / 1641

Property Details

Home Type

Condo-Op

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Cross Street: Stuyvesant Avenue
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: BED-STUY
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 2

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Interest: Condop

Building Info

  • Units: 3
  • Total Stories: 2
  • Year Built: 1899

Tax Info

  • Tax Block: 1641
  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2020
Closed on
Feb 24, 2021
Sold by
Robinson Brad and Wilhelm Lindsay
Bought by
Fungsang Joseph C and Hee Lee Sung
Seller's Agent
Tamer Howard
Corcoran Group
List Price
$1,500,000
Sold Price
$1,500,000
Current Estimated Value
$1,892,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$392,412
Avg. Annual Appreciation
4.87%
Original Mortgage
$114,001
Outstanding Balance
$101,782
Interest Rate
2.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,790,630

Purchase Details

Listed on
May 10, 2018
Closed on
Aug 21, 2018
Sold by
Spangler Joann
Bought by
Robinson Brad and Wilhelm Lindsay
Seller's Agent
Brad Bateman
Compass
List Price
$1,425,000
Sold Price
$1,475,000
Premium/Discount to List
$50,000
3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.67%
Original Mortgage
$1,172,625
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 2009
Sold by
Lolis Llc
Bought by
Spangler Joann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 19, 2009
Sold by
Sovereign Bank
Bought by
Lolis Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
5.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2007
Sold by
Mondschein Esq As Referee Michael
Bought by
Sovereign Bank

Purchase Details

Closed on
Jul 31, 2001
Sold by
Cyrus Elijah and Cyrus Emma
Bought by
Bandoo Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,500
Interest Rate
7.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 1998
Sold by
Dixon Karen M and Cyrus Elijah
Bought by
Foy India and Cyrus Elijah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 1997
Sold by
Dixon Karen M and Cyrus Elijah
Bought by
Foy India

Purchase Details

Closed on
Aug 1, 1996
Sold by
Dixon Karen M
Bought by
Dixon Karen M and Cyrus Elijah

Purchase Details

Closed on
Jan 26, 1996
Sold by
Reynolds Sharon and Reynolds Katie
Bought by
Dixon Karen M
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
Fungsang Joseph C $1,530,000 --
Fungsang Joseph C $1,530,000 --
Fungsang Joseph C $1,530,000 --
Robinson Brad $1,475,000 --
Robinson Brad $1,475,000 --
Robinson Brad $1,475,000 --
Spangler Joann $547,000 --
Spangler Joann $547,000 --
Lolis Llc $310,000 --
Lolis Llc $310,000 --
Sovereign Bank $371,464 --
Sovereign Bank $371,464 --
Bandoo Michael -- --
Bandoo Michael -- --
Foy India -- --
Foy India -- --
Foy India -- --
Foy India -- --
Dixon Karen M -- First American Title Ins Co
Dixon Karen M -- First American Title Ins Co
Dixon Karen M $145,000 --
Dixon Karen M $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fungsang Joseph C $114,001
Closed Fungsang Joseph C $114,001
Previous Owner Robinson Brad $1,172,625
Previous Owner Spangler Joann $440,000
Previous Owner Lolis Llc $290,000
Previous Owner Bandoo Michael $195,500
Previous Owner Foy India $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/24/2021 02/24/21 Sold $1,500,000 -2.0% $735 / Sq Ft
02/24/2021 02/24/21 Sold $1,530,000 +2.0% $750 / Sq Ft View Prior Sale
12/18/2020 12/18/20 Pending -- -- --
12/18/2020 12/18/20 Pending -- -- --
10/27/2020 10/27/20 For Sale $1,500,000 +1.7% $735 / Sq Ft
10/27/2020 10/27/20 For Sale -- -- --
08/21/2018 08/21/18 Sold $1,475,000 +3.5% $723 / Sq Ft View Prior Sale
07/02/2018 07/02/18 Pending -- -- --
05/10/2018 05/10/18 For Sale $1,425,000 -6.9% $699 / Sq Ft
02/15/2018 02/15/18 Off Market $1,530,000 -- --
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 $3,886 $113,520 $17,940 $95,580
2024 $3,886 $99,720 $17,940 $81,780
2023 $3,892 $103,860 $18,660 $85,200
2022 $3,612 $92,880 $18,660 $74,220
2021 $3,596 $88,560 $18,660 $69,900
2020 $1,786 $89,340 $18,660 $70,680
2019 $3,373 $78,120 $18,660 $59,460
2018 $3,256 $15,972 $4,373 $11,599
2017 $3,074 $15,078 $6,513 $8,565
2016 $2,847 $14,239 $7,393 $6,846
2015 $1,716 $14,230 $11,089 $3,141
2014 $1,716 $13,436 $12,564 $872
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10679016

Real Estate Board of New York (REBNY)

APN: 01641-0022