$1,550,000
SOLD APR 4, 2025
4 Beds
4 Baths
2,720 Sq Ft
2,030 Sq Ft Lot

Recently Sold

$570 Per Sq Ft

6% Below List Price

96 Days on Market

About This Home

As of April 2025

Amazing Opportunity to create your Dream Home! This four story, 20.3 wide brick building has 4,053 unused FAR according to Propertyshark and offers a tremendous advantage/build-out to your project! (the garden level is a combination of living space in the back leading to the garden and mechanicals in the front) This property is in a prime location close to Prospect Park, minutes to Prospect Heights and is in close proximity to many shops, restaurants, cafes and lounges! Please bring your architect and contractor and please see below from the owner:

We purchased 642 Classon with the intention of renovating it for ourselves, but the pandemic, work, and a growing family slowed the process down. We're now happily ensconced since we relocated and have decided to stay instead of building our dream home in Crown Heights. We also purchased the 20" wide lot on the north side of the building which runs the length of the full 100 lot (it's separately deeded) and are offering the two parcels together. Please note that 5 inches of the 20 inch parcel fall within the confines of the north wall of the building. Please also note that the north wall of the building (the side that runs along the staircases) has structural issues that will need to be addressed first. The wall needs to be stabilized or rebuilt before other repairs or changes can be made to the property. We were aware of the issue when we purchased the building but didn't move forward with repairs prior to selling because we did not want to limit a potential buyer's options to utilize the alley to expand the building if they desired to. We simply loved the idea of having a larger back yard!

Lastly, please note that any such expansion may require excavation and please consult with your architect and engineer for full details and requirements.

Last Agent to Sell the Property

Rodolfo Lucchese

Corcoran Group License #30LU1052045 Listed on: 03/14/2024

Corcoran Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,228

Year Built

  • Built in 1920

Lot Details

  • 2,030 Sq Ft Lot
  • Lot Dimensions are 100.00x20.30

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,720 Sq Ft Home
  • 4-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • No Cooling

Community Details

  • 3 Units
  • Crown Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 0048 / 01141

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,228

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Crown Heights
  • Entry Level: 1
  • Structure Type: Townhouse
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Interior Features: Smoke Free
  • Fireplace: No
  • Living Area: 2720.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 4
  • Bathrooms Integer: 4
  • Bedrooms: 4

Exterior Features

  • View: Other
  • View: No
  • Exterior Features: Private Outdoor Space Over 60 Sqft
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: In Unit
  • Green Building Features: Green Building
  • Cooling: No

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 2030.0
  • Lot Size Dimensions: 100.00x20.30

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 3
  • Total Stories: 4
  • Year Built: 1920

Tax Info

  • Tax Block: 01141
  • Tax Lot: 0048
  • Tax Annual: 3228.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
Apr 7, 2025
Sold by
Place Camden Schwartz
Bought by
642 Classon Ave Llc
Seller's Agent
Rodolfo Lucchese
Corcoran Group
List Price
$1,649,000
Sold Price
$1,550,000
Premium/Discount to List
-$99,000
-6%
Views
49
Current Estimated Value
$2,056,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$506,000
Avg. Annual Appreciation
47.26%
Original Mortgage
$3,330,000
Outstanding Balance
$3,309,191
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$1,253,191

Purchase Details

Listed on
Apr 1, 2020
Closed on
Nov 9, 2021
Sold by
Anderson John G
Bought by
Place Camden Schwartz
Seller's Agent
Terrence Harding
Compass
List Price
$1,695,000
Sold Price
$1,695,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.60%
Original Mortgage
$1,162,500
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 6, 1998
Sold by
Brown Denise
Bought by
Anderson John G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
6.96%
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 Type Sale Price Title Company
Deed $1,550,000 --
Deed $1,550,000 --
Deed $1,550,000 --
Deed $1,550,000 --
Deed $210,000 Old Republic Natl Title Ins
Deed $110,000 Chicago Title Insurance Co
Deed $110,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,330,000 Purchase Money Mortgage
Closed $3,330,000 Purchase Money Mortgage
Previous Owner $1,162,500 Purchase Money Mortgage
Previous Owner $178,500 No Value Available
Previous Owner $0 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/08/2025 04/08/25 Price Changed $1,550,000 0.0% $570 / Sq Ft
04/04/2025 04/04/25 Sold $1,550,000 -6.0% $570 / Sq Ft
06/20/2024 06/20/24 For Sale $1,649,000 +6.4% $606 / Sq Ft
06/19/2024 06/19/24 Pending -- -- --
04/21/2024 04/21/24 Off Market $1,550,000 -- --
03/14/2024 03/14/24 For Sale $1,649,000 -2.7% $606 / Sq Ft
11/11/2021 11/11/21 Sold $1,695,000 0.0% $929 / Sq Ft View Prior Sale
07/10/2013 07/10/13 For Sale $1,695,000 -- $929 / 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 $3,224 $81,420 $24,300 $57,120
2024 $3,224 $90,960 $24,300 $66,660
2023 $3,230 $99,600 $24,300 $75,300
2022 $2,996 $104,700 $24,300 $80,400
2021 $2,983 $80,820 $24,300 $56,520
2020 $2,237 $90,060 $24,300 $65,760
2019 $2,798 $99,600 $24,300 $75,300
2018 $2,702 $13,255 $2,999 $10,256
2017 $2,550 $12,507 $4,344 $8,163
2016 $2,361 $11,811 $5,536 $6,275
2015 $1,423 $11,146 $5,886 $5,260
2014 $1,423 $11,146 $7,068 $4,078
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10972459

Real Estate Board of New York (REBNY)

APN: 01141-0048