NOT LISTED FOR SALE

Estimated Value: $1,084,000 - $1,593,000

6 Beds
3 Baths
1,836 Sq Ft
$699/Sq Ft Est. Value

Last Sold July 09, 2022

Last sale price $1,450,000 $790 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $7,067/month

46 Days on Market

About This Home

As of July 2022

Welcome to your new two-family townhome at 7 Stanhope!
Whether this will be your fantastic new home with great rental income potential to cover all of your expenses or an incredible investment property, boasting over 2,450 square feet of interior space, 7 Stanhope is a RARE FIND in PRIME BUSHWICK!
Sitting on a 20'X100' lot, 7 Stanhope is a Two-Family Home with an owner's duplex and top floor three-bedroom rental. Both units have been upgraded recently, and are in pristine condition.

Unit #1 is a spacious duplex, boasting high ceilings throughout, a great room, and space galore. The kitchen is nice and open, light strikes through the big windows. You even have your own huge backyard! Stepping one flight down, you enter a big recreation room, full bathroom and two additional rooms that may be used as sleeping, home office or den. The options are endless! To top it all off, you even have your own vented washer and dryer in unit.

Unit #2 has high 10' ceilings, perfectly proportioned bedrooms, living and dining room with skylight and an open concept kitchen. Here, too, there is a washer dryer in unit.

7 Stanhope is located in prime Bushwick, just a couple blocks from the M train at Central Avenue and a few minutes from the J train at Kosciuszko St. You will find everything you need, including deli's and shops along with all of the neighborhood restaurants and more. Maria Hernandez Park is also just a quick journey through bustling Bushwick proper. You do not want to miss this GREAT opportunity to live in the heart of BUSHWICK!
Message us today for your private showing!

Last Agent to Sell the Property

Hila Peled

Compass License #10401234333 Listed on: 03/17/2022

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1901

Lot Details

  • Lot Dimensions are 20.0 x 100.0

Home Design

  • Pre War Building

Interior Spaces

  • 1,836 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Community Details

  • Bushwick Subdivision

Listing and Financial Details

  • Legal Lot and Block 40 / 3253

Home Details

Home Type

Single Family

Year Built

Built in 1901

Lot Details

2,004 Sq Ft Lot

Listing Details

  • Cross Street: Bushwick Avenue/Evergreen Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Bushwick
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Living Area: 1836.0
  • Living Area Units: Square Feet

Beds/Baths

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

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 20.0 x 100.0

Building Info

  • Total Stories: 2
  • Year Built: 1901

Tax Info

  • Tax Block: 3253
  • Tax Lot: 40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2022
Closed on
Jul 8, 2022
Sold by
Bradley Francis
Bought by
Denue James and Johnson Burke
Seller's Agent
Hila Peled
Compass
List Price
$1,350,000
Sold Price
$1,450,000
Premium/Discount to List
$100,000
7.41%
Current Estimated Value
$1,282,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$167,161
Avg. Annual Appreciation
-3.26%
Original Mortgage
$1,160,000
Outstanding Balance
$1,101,777
Interest Rate
5.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$181,062

Purchase Details

Closed on
May 30, 2018
Sold by
Athens Jessica and Bradley Francis
Bought by
Bradley Francis

Purchase Details

Closed on
Mar 1, 2018
Sold by
Athens Jessica and Bradley Francis
Bought by
Athens Jessica

Purchase Details

Closed on
May 9, 2014
Sold by
August West Development Llc
Bought by
Athens Jessica

Purchase Details

Closed on
Nov 13, 2013
Sold by
Nereida Aguilar As Executrix
Bought by
August West Development Llc

Purchase Details

Closed on
Jun 13, 2008
Sold by
Fulton Street Real Estate Corp
Bought by
11 West Prospect Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2007
Sold by
Jones William
Bought by
Fulton Street Real Estate Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Denue James $1,450,000 --
Denue James $1,450,000 --
Bradley Francis -- --
Bradley Francis -- --
Athens Jessica $449,500 --
Athens Jessica $449,500 --
Athens Jessica $899,000 --
August West Development Llc $400,000 --
August West Development Llc $400,000 --
11 West Prospect Avenue Llc $315,000 --
11 West Prospect Avenue Llc $315,000 --
Fulton Street Real Estate Corp $350,000 --
Fulton Street Real Estate Corp $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Denue James $1,160,000
Closed Denue James $1,160,000
Previous Owner 11 West Prospect Avenue Llc $95,000
Previous Owner Fulton Street Real Estate Corp $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2022 07/09/22 Sold $1,450,000 +7.4% $790 / Sq Ft
03/18/2022 03/18/22 For Sale $1,350,000 -- $735 / Sq Ft
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
2025 $4,705 $65,460 $21,600 $43,860
2024 $4,705 $55,260 $21,600 $33,660
2023 $4,641 $64,680 $21,600 $43,080
2022 $4,454 $63,780 $21,600 $42,180
2021 $4,591 $58,080 $21,600 $36,480
2020 $2,165 $77,880 $21,600 $56,280
2019 $4,083 $77,880 $21,600 $56,280
2018 $3,882 $19,042 $5,044 $13,998
2017 $3,790 $18,594 $6,556 $12,038
2016 $3,634 $18,178 $8,099 $10,079
2015 -- $18,163 $8,072 $10,091
2014 -- $7,038 $2,667 $4,371
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10785364

Real Estate Board of New York (REBNY)

APN: 03253-0040

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