Seller's Agent in 2025
Tony Bush
Corcoran Group
(304) 483-7007
1 in this area
65 Total Sales
714 Degraw St Brooklyn, NY 11217
Park Slope Neighborhood
3
Beds
3
Baths
2,112
Sq Ft
1,650
Sq Ft Lot
About This Home
As of May 2025Charming 2-Family Townhouse in Prime Park Slope Location
Welcome to 714 Degraw Street, a legal two-family townhouse nestled in the heart of Park Slope, Brooklyn.
This historic gem, brimming with original details, offers a unique opportunity for customization to suit your needs. Whether you're envisioning a single-family sanctuary or a lucrative two-family investment, this property provides the perfect canvas.
2.5% for Buyer broker
Property Highlights:
Historic Charm:
Step into a bygone era with stunning original door frames, window moldings, and exquisite woodwork throughout. Admire the craftsmanship of the original baluster, banister, and newel posts, each a testament to the home's rich history.
Endless Potential:
While the house requires some work, its solid bones and classic features provide an excellent foundation for your dream renovation.
With nearly 1,200 square feet of unused Floor Area Ratio (FAR), the possibilities are truly endless.
Flexible Layout:
The current layout allows for a seamless conversion into either a spacious single-family residence or a dual-family home, offering the flexibility to tailor the space to your specific needs and preferences.
Prime Location:
Situated in the highly sought-after Park Slope neighborhood, this townhouse is perfectly positioned to enjoy all the local attractions.
Just a short stroll away, you'll find:
Prospect Park: Brooklyn's sprawling urban oasis, ideal for picnics, jogging, and year-round recreational activities.
Barclays Center: A hub for sports and entertainment events, concerts, and more.
Brooklyn Museum: Home to an extensive collection of art and cultural artifacts.
Brooklyn Botanic Garden: A serene retreat featuring a variety of beautiful gardens and plant collections.
5th Avenue and 7th Avenue: Lined with trendy boutiques, artisanal shops, and a plethora of dining options, from cozy cafes to gourmet restaurants.
Grand Army Plaza: Famous for its iconic arch and bustling farmers' market every Saturday.
Excellent Schools: Within walking distance to some of Brooklyn's top-rated public and private schools.
Convenient Transportation: Easy access to multiple subway lines (B, Q, 2, 3, 4, 5, D, N, R) ensuring a quick commute to Manhattan and other parts of Brooklyn.
Don't miss out on this rare opportunity to own a piece of Brooklyn history in one of its most vibrant neighborhoods.
Whether you're looking to create your dream home or invest in a property with significant potential, 714 Degraw Street is the perfect choice.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,000
Year Built
- Built in 1899
Lot Details
- 1,650 Sq Ft Lot
- Lot Dimensions are 100.00x16.50
Home Design
- Entry on the 1st floor
Interior Spaces
- 3-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Utilities
- No Cooling
Community Details
- 2 Units
- Park Slope Subdivision
Listing and Financial Details
- Legal Lot and Block 0041 / 00949
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 7, 2025
Sold by
Estate Of Ida M Olson and Estate Of Ida Olson
Bought by
714 Degraw Llc
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $2,100,000 | -- | |
| Deed | $2,100,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/12/2025 05/12/25 | Sold | $2,100,000 | 0.0% | $994 / Sq Ft |
| 03/07/2025 03/07/25 | Price Changed | $2,100,000 | -12.5% | $994 / Sq Ft |
| 01/06/2025 01/06/25 | Pending | -- | -- | -- |
| 12/25/2024 12/25/24 | Off Market | $2,399,000 | -- | -- |
| 09/03/2024 09/03/24 | For Sale | $2,399,000 | -- | $1,136 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
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 | $5,231 | $172,080 | $26,700 | $145,380 |
| 2024 | $5,231 | $185,520 | $26,700 | $158,820 |
| 2023 | $4,893 | $168,480 | $26,700 | $141,780 |
| 2022 | $3,558 | $161,700 | $26,700 | $135,000 |
| 2021 | $4,935 | $145,320 | $26,700 | $118,620 |
| 2020 | $3,701 | $157,560 | $26,700 | $130,860 |
| 2019 | $4,544 | $125,280 | $26,700 | $98,580 |
| 2018 | $4,125 | $23,467 | $4,736 | $18,731 |
| 2017 | $3,870 | $22,152 | $6,643 | $15,509 |
| 2016 | $3,807 | $22,152 | $6,550 | $15,602 |
| 2015 | $2,082 | $21,945 | $6,248 | $15,697 |
| 2014 | $2,082 | $20,726 | $7,081 | $13,645 |
Source: Public Records
Agents Affiliated with this Home
-
Tony Bush
-
Daniel Cohen
Seller Co-Listing Agent in 2025
Daniel Cohen
Corcoran Group
(862) 823-2674
2 in this area
214 Total Sales
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS11005909
APN: 00949-0041
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.
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.
RLS Data display by Homes.com LLC
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