NOT LISTED FOR SALE

Estimated Value: $1,455,496 - $1,827,000

5 Beds
3 Baths
2,409 Sq Ft
$664/Sq Ft Est. Value

Last Sold May 17, 2023

Last sale price $1,600,000 $664 Per Sq Ft

Current estimated payment $8,843/month

8 Days on Market

Highlights

  • Garden
  • 5-minute walk to Myrtle-Willoughby Avenues
  • 3-minute walk to Banneker Playground

About This Home

As of May 2023

Great investment or owner-occupied brick two-family with parking.
Built in 2002, this handsome, well-maintained home has been upgraded regularly. The upper duplex has newer appliances, custom window shutters, wood and carpeted floors and light fixtures. Built 20' x 38' on a 100' deep lot, this building boasts over 2400sf. City records show 3766sf of unused FAR.
The 1500sf upper duplex includes three bedrooms, two full baths, and a large laundry/utility room. The main level has hardwood floors and a generous open plan. The kitchen/dining room leads to a terrace with steel stair to the back yard. Three bedrooms are upstairs, including a massive primary suite with three windows spanning the entire front of the building. There's generous storage throughout - it feels like a private house!
Downstairs, the garden level unit has a private entrance. With two bedrooms and one bath, as well as a washer/dryer hookup, this apartment has updated appliances and is nearly 800sf. All this in a perfect central Bed Stuy location. Two blocks from Herbert Von King Park, close to the G train, and a half block from the cafes and shops of Tompkins Ave, you may never need to drive. But if you do, your private gated parking space is a real luxury.
Both units are currently occupied; the building will be delivered with garden apartment vacant. Upper duplex lease expires 10/23. Garden unit needs some work, but will shine with a little tlc. Live in one unit and rent the other, or use the available FAR to build a grand home. Showings are limited - please reach out to listing agent to schedule an appointment. Co-broking agents always welcome.

Last Agent to Sell the Property

Victoria Alexander

Realty Collective LLC License #49HA1066890 Listed on: 03/13/2023

Realty Collective LLC

Co-Listed By

Tina Fallon

Realty Collective LLC License #40FA1119233

Property Details

Home Type

  • Apartment

Year Built

  • Built in 2002

Interior Spaces

  • 2,409 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Garden
  • No Cooling

Community Details

  • 2 Units
  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Tax Block 1780

Property Details

Home Type

Apartment

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Bedford Stuyvesant
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 2409.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 5

Exterior Features

  • Exterior Features: Garden

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: None
  • Cooling: No

Building Info

  • Units: 2
  • Total Stories: 3
  • Year Built: 2002

Tax Info

  • Tax Block: 1780

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2023
Closed on
May 17, 2023
Sold by
Chambers Shelly
Bought by
Schwartz Isaac
Seller's Agent
Victoria Alexander
Realty Collective LLC
List Price
$1,525,000
Sold Price
$1,600,000
Premium/Discount to List
$75,000
4.92%
Views
32
Current Estimated Value
$1,598,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,126
Avg. Annual Appreciation
-0.03%
Original Mortgage
$1,328,000
Outstanding Balance
$1,285,336
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$313,538

Purchase Details

Closed on
Nov 1, 2022
Sold by
Sykes Bertha
Bought by
Chambers Shelly

Purchase Details

Closed on
Sep 13, 2012
Sold by
Chambers Shelly and Price Montzell
Bought by
Sykes Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,860
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2004
Sold by
Nyc Partnership Housing Development and Fund Company Inc
Bought by
Sykes Diane and Sykes John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,275
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Isaac $1,660,000 --
Schwartz Isaac $1,660,000 --
Chambers Shelly -- --
Sykes Bertha -- --
Chambers Shelly -- --
Sykes Bertha -- --
Sykes Diane -- --
Sykes Diane -- --
Sykes Diane $283,200 --
Sykes Diane $283,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwartz Isaac $1,328,000
Closed Schwartz Isaac $1,328,000
Previous Owner Sykes Diane $5,860
Previous Owner Sykes Diane $50,278
Previous Owner Sykes Diane $221,275
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2023 08/06/23 Off Market $1,600,000 -- --
05/17/2023 05/17/23 Sold $1,600,000 +4.9% $664 / Sq Ft
03/22/2023 03/22/23 Pending -- -- --
03/13/2023 03/13/23 For Sale $1,525,000 -- $633 / 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 $6,274 $92,400 $13,680 $78,720
2024 $6,274 $75,780 $13,680 $62,100
2023 $6,344 $84,720 $13,680 $71,040
2022 $5,374 $92,820 $13,680 $79,140
2021 $4,813 $91,020 $13,680 $77,340
2020 $2,028 $76,080 $13,680 $62,400
2019 $3,377 $74,040 $13,680 $60,360
2018 $2,954 $26,031 $5,871 $20,160
2017 $2,501 $25,834 $5,674 $20,160
2016 $2,129 $24,373 $6,981 $17,392
2015 $614 $22,994 $6,609 $16,385
2014 $614 $21,693 $6,273 $15,420
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10850413

Real Estate Board of New York (REBNY)

APN: 01780-0120