NOT LISTED FOR SALE

Estimated Value: $2,840,000

6 Beds
3 Baths
3,256 Sq Ft
$872/Sq Ft Est. Value

Last Sold December 19, 2016

Current estimated payment $17,427/month

17 Days on Market

Highlights

  • Community Garden
  • P.S. 282 Park Slope Rated A
  • Garage

About This Home

As of December 2016

640 Baltic is a 22-foot wide townhouse, currently configured with 3 floor-thru apartments, 3,256 square feet of living space, one car garage, driveway, and unused FAR to expand.

Located between 4th and 5th Avenues in Park Slope and minutes from The Barclay Center, Atlantic Avenue, the LIRR train station and trendy 5th Avenue.

This is an opportunity not to be missed. As a developer, build a modern 3 unit condominium with private garage. As an investor or owner occupant, renovate the kitchens and bathrooms and collect great rental income from each apartment.

The ground floor has a large bedroom, one bathroom, large and bright living room with an open kitchen and access to the garden. The second floor offers three spacious bedrooms, one bathroom, open kitchen, large living and dining room plus a deck that provides outdoor space with access to the garden. The third floor apartment offers two large bedrooms, one bathroom, bright and spacious living and dining room; this unit easily converts to a three bedroom.

With upgrades to the kitchens and baths 640 Baltic will provide tremendous rental income. Each unit pays their heat, hot water, cooking gas and electricity. Delivered vacant.

Lot Size: 22.00FT X 100.00FT
Building Size: 22.00FT X 52.00FT

Last Agent to Sell the Property

Abdul Muid

IVEY NORTH LLC License #10491207972 Listed on: 05/09/2016

Co-Listed By

Natalia Correa

Sothebys International Realty License #10401234166

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1986

Lot Details

  • Lot Dimensions are 22.0 x 100.0

Parking

  • Garage

Interior Spaces

  • 3,256 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Community Details

  • Park Slope Subdivision
  • Community Garden

Listing and Financial Details

  • Legal Lot and Block 119 / 940

Home Details

Home Type

Single Family

Year Built

Built in 1986

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 4th Avenue/Gregory Place
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Park Slope
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Living Area: 3256.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 6

Exterior Features

  • Exterior Features: Building Garden

Garage/Parking

  • Garage: Yes

Lot Info

  • Lot Size Dimensions: 22.0 x 100.0

Building Info

  • Total Stories: 3
  • Year Built: 1986

Tax Info

  • Tax Block: 940
  • Tax Lot: 119

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2016
Closed on
Oct 28, 2016
Sold by
Dawson Anita
Bought by
Baltic Street Capital 640 Llc
Seller's Agent
Abdul Muid
IVEY NORTH LLC
Current Estimated Value
$2,840,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,983,549
Outstanding Balance
$3,203,133
Interest Rate
3.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 13, 1999
Sold by
Dawson Richard W and Dawson Cecile
Bought by
Dawson Richard W and Dawson Naomi O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
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
Baltic Street Capital 640 Llc $1,633,333 --
Baltic Street Capital 640 Llc $816,667 --
Dawson Richard W -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baltic Street Capital 640 Llc $3,983,549
Previous Owner Dawson Richard W $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2016 12/19/16 Sold -- -- --
05/26/2016 05/26/16 Pending -- -- --
05/09/2016 05/09/16 For Sale -- -- --
Source: Real Estate Board of New York (REBNY)

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
2022 $0 $0 $0 $0
2021 $10,668 $170,580 $22,020 $148,560
2019 $4,599 $162,360 $22,020 $140,340
2018 $9,198 $45,120 $7,052 $38,068
2017 $9,128 $44,778 $7,320 $37,458
2016 $8,445 $42,244 $7,457 $34,787
2015 $4,875 $39,855 $10,559 $29,296
2014 $4,875 $37,600 $11,957 $25,643
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10057502

Real Estate Board of New York (REBNY)

APN: 00940-0119

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