Seller's Agent in 2020
Jennifer Schwartz
Douglas Elliman Real Estate
(914) 588-5867
6 Total Sales
688 Dean St Brooklyn, NY 11238
Prospect Heights NeighborhoodEstimated Value: $5,021,000
Studio
--
Bath
4,224
Sq Ft
$1,189/Sq Ft
Est. Value
About This Home
As of February 2020Fantastic opportunity to mine a diamond in the rough in prime Prospect Heights close to everything.
This huge 22.5 foot wide, legal three-family brick townhouse in an amazing location offers so many possibilities! The building is 4224 square feet including the basement, and there are additional 1782 square feet of allowable usable floor area for a total of 6014 square feet on the 22.5 ft X 110 ft lot. (Residential FAR is 2.43; FAR as built is 1.71; Facility FAR is 4.8).
Bring your architect and ideas for this property requiring a major renovation--ideal for a condo conversion, huge single family house, spacious multi-floor owner home with rental income or retain its current configuration for owner occupancy and/or rental apartments. Depending upon renovation, potential monthly rental income could be more than $15,000. Enjoy the opportunity to cultivate the great outdoors in the spacious backyard for gardening and entertaining.
Gas heated, including tankless hot water system. Three separate gas and electric meters. Roof is 6 years old. Tax bill for June 2019 is $4665.
On a tree-lined street across from St. Joseph's Apartments for seniors, located near Atlantic Avenue Terminal with 11 subways, LIRR and many bus lines, this house on Dean Street is just a few houses away from Vanderbilt Avenue's restaurants and shops, close to Barclay Center, BAM, Prospect Park, Brooklyn's Central Library and so much more.
The property is being sold AS IS and will be delivered vacant. Shown by private appointment. Will co-broke with all NYS licensed agents and brokers.
Last Agent to Sell the Property
Douglas Elliman Real Estate License #10301205137 Listed on: 08/24/2018
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1915
Lot Details
- 2,483
Interior Spaces
- 4,224 Sq Ft Home
- 3-Story Property
Community Details
- 3 Units
- Proshei Subdivision
Listing and Financial Details
- Tax Block 1138
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 24, 2018
Closed on
Feb 24, 2020
Sold by
Bought by
Seller's Agent
Jennifer Schwartz
Douglas Elliman Real Estate
List Price
$3,200,000
Sold Price
$2,550,000
Premium/Discount to List
-$650,000
-20.31%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,471,000
Avg. Annual Appreciation
11.22%
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,550,000 | -- |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/28/2020 02/28/20 | Sold | $2,550,000 | -20.3% | $604 / Sq Ft |
| 10/03/2019 10/03/19 | Pending | -- | -- | -- |
| 09/05/2018 09/05/18 | For Sale | $3,200,000 | -- | $758 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $5,426 | $265,620 | $42,900 | $222,720 |
| 2025 | $5,425 | $250,620 | $42,900 | $207,720 |
| 2024 | $5,425 | $239,580 | $42,900 | $196,680 |
| 2023 | $5,435 | $249,540 | $44,700 | $204,840 |
| 2022 | $5,130 | $204,240 | $44,700 | $159,540 |
| 2021 | $4,994 | $181,560 | $44,700 | $136,860 |
| 2019 | $4,709 | $209,160 | $44,700 | $164,460 |
| 2018 | $4,546 | $22,302 | $4,268 | $18,034 |
| 2017 | $4,291 | $21,049 | $4,861 | $16,188 |
| 2016 | $1,366 | $19,884 | $5,973 | $13,911 |
| 2015 | $759 | $18,759 | $8,056 | $10,703 |
| 2014 | $759 | $18,759 | $9,665 | $9,094 |
Source: Public Records
Agents Affiliated with this Home
-
Jennifer Schwartz
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10597518
APN: 01138-0017
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