NOT LISTED FOR SALE

699 E 3rd St Brooklyn, NY 11218

Kensington Neighborhood

Estimated Value: $1,404,000 - $1,615,000

-- Bed
-- Bath
2,096 Sq Ft
$711/Sq Ft Est. Value

Last Sold October 31, 2022

Last sale price $1,300,000 $620 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $9,045/month

Highlights

  • Pre War Building
  • 4-minute walk to Ditmas Avenue
  • Building Terrace
  • Ditmas Junior High school Rated A-
  • Terrace
  • 4-minute walk to Digilio Playground

About This Home

As of October 2022

Welcome to 699 East 3rd Street, a 3-family home in beautiful and vibrant Kensington, Brooklyn. The building is currently set up as 3 rental units. This is a tremendous opportunity for a buyer to convert a space into a fabulous investment property. Or bring your contractor and see the exciting prospect of converting the space to a single family home. The property features over 3,000 sq. ft. of living space and includes a large backyard, complete with a storage shed.

Unit #1 consists of the first floor and basement. This is a 3-bedroom, 1.5 bathroom unit with a private front door and direct access to the building's backyard. The basement includes a large living space, office space, storage and a laundry room. The building mechanicals are accessible in the basement.

Unit #2 is located on the building's second floor. This is a 1-bedroom, 1 bathroom unit and has access to a large terrace overlooking tree-lined East 3rd Street.

Unit #3 is on the top floor of the home. This is a spacious 1-bedroom, 1 bathroom unit with updated kitchen appliances and sun-drenched rooms with South, East and West exposures.

The first two units are currently occupied by tenants on a month-to-month lease. The property will be delivered vacant. Additional photos are available upon request.

The property is located 2 blocks from the Ditmas Ave F train and roughly half a mile to the G & F trains at Church Avenue.

Reach out for an appointment today!

Last Agent to Sell the Property

Nicholas Daddario

William Raveis New York City LLC License #10301218516 Listed on: 04/22/2022

William Raveis New York City LLC

Co-Listed By

Matthew Lerner

Compass License #10401345009

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,515

Year Built

  • Built in 1910

Lot Details

  • 3,049

Home Design

  • Pre War Building

Interior Spaces

  • 2,096 Sq Ft Home
  • 3-Story Property

Additional Features

  • Terrace
  • Lot Dimensions are 30.0 x 100.0

Listing and Financial Details

  • Legal Lot and Block 74 / 5397

Community Details

Overview

  • Kensington Subdivision

Amenities

  • Building Terrace
  • Laundry Facilities

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,515

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Cross Street: Ditmas Avenue/Avenue F
  • Delivered Vacant: Yes
  • Property SubType: Townhouse
  • Property Type: Residential
  • Neighborhood: Kensington
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Living Area: 2096.0
  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Total: 0

Exterior Features

  • Patio/Porch Features: Building Terrace, Terrace

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area

Lot Info

  • Zoning: R 5
  • Lot Size Dimensions: 30.0 x 100.0

Building Info

  • Landmark Status: No
  • Total Stories: 3
  • Year Built: 1910

Tax Info

  • Tax Block: 5397
  • Tax Lot: 74
  • Building Tax Lot: 74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2022
Closed on
Oct 31, 2022
Sold by
Estela Gerson
Bought by
Schwartz Bruhy and Schwartz Menachem M
Seller's Agent
Nicholas Daddario
William Raveis New York City LLC
List Price
$1,500,000
Sold Price
$1,300,000
Premium/Discount to List
-$200,000
-13.33%
Views
2
Current Estimated Value
$1,489,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,882
Avg. Annual Appreciation
4.99%
Original Mortgage
$190,000
Outstanding Balance
$184,985
Interest Rate
7.08%
Mortgage Type
Unknown
Estimated Equity
$1,298,356

Purchase Details

Closed on
Dec 7, 2017
Sold by
Estela Margot
Bought by
Estela Gerson and Estela Margot
Source: Public Records

Range of Values:

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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
Schwartz Bruhy $1,300,000 --
Estela Gerson -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwartz Bruhy $190,000
Open Schwartz Bruhy $975,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2022 10/31/22 Sold $1,300,000 -11.9% $620 / Sq Ft
06/28/2022 06/28/22 Price Changed $1,475,000 -1.7% $704 / Sq Ft
04/22/2022 04/22/22 For Sale $1,500,000 -- $716 / Sq Ft
04/22/2022 04/22/22 Pending -- -- --
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 $9,515 $83,100 $24,900 $58,200
2024 $9,515 $80,820 $24,900 $55,920
2023 $9,129 $73,560 $24,900 $48,660
2022 $7,807 $60,900 $24,900 $36,000
2021 $7,762 $65,820 $24,900 $40,920
2020 $5,821 $79,560 $24,900 $54,660
2019 $7,600 $63,240 $24,900 $38,340
2018 $6,977 $37,459 $14,862 $22,597
2017 $6,558 $35,340 $17,799 $17,541
2016 $6,045 $33,343 $15,461 $17,882
2015 $3,582 $33,343 $18,475 $14,868
2014 $3,582 $32,900 $21,886 $11,014
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2022

    Nicholas Daddario

    William Raveis New York City LLC

    (646) 306-9105

    1 in this area

    18 Total Sales

    Nicholas Daddario
    Section Image
  • Matthew Lerner

    Seller Co-Listing Agent in 2022

    Matthew Lerner

    Compass

    (518) 242-9498

    1 in this area

    15 Total Sales

    Matthew Lerner
    Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10806901

Real Estate Board of New York (REBNY)

APN: 05397-0074

New York Kings County Brooklyn 11218 Kensington

699 E 3rd St, Brooklyn, NY

This home is located at 699 E 3rd St, Brooklyn, NY 11218 since 22 April 2022 and is currently estimated at $1,489,882, approximately $710 per square foot. This property was built in 1910. 699 E 3rd St is a home located in Kings County with nearby schools including P.S. 179 Kensington, Ditmas Junior High school, and Mavakshai Hashem.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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