NOT LISTED FOR SALE
Studio
-- Bath
-- Sq Ft
1930 Built

Sale Details

Date Sold: July 15, 2014

159 Days on Market

About This Home

As of July 2014

Located on the corner of South Oxford and Lafayette in one of Brooklyn?s most charming blocks, stands 73 South Oxford?a five-story landmark townhouse built in the 1930?s. Just steps away from Fort Greene Park with close proximity to the new Barclays Center, this brownstone sits on a huge 44' wide and 82' deep lot that crosses Lafayette Avenue. The townhouse itself is 24' wide and 56' deep, with the remaining property used as four-car private parking and adjacent garden with a side entrance to the building.

The current building set up is as follows:

· Parlor Floor has a 1 bedroom apartment and a 3 bedroom, 2 bath apartment duplex that connects to the Garden floor

· Third floor is a 3 bedroom, 2 bath floor through apartment

· Fourth floor is 3 bedroom, 2 bath floor through apartment

· Fifth floor is a 2 bedroom, 2 bath floor through apartment

· The commercial space is used as an antique jewelry store, and is situated on the ground floor

With six rented, free market income producing units, this is truly an incredibly rare investment package. The serene bedroom floors offer large bright rooms, loft like ceilings, and wonderful window filled rooms from triple exposure to the south, west and east.

Spanning 6,720 square feet as an R6B?with 2.0 FAR?73 South Oxford was actually ?overbuilt? and enjoys a mass amount of additional space. With its landmark status, developing the property with the original façade can allow for a single-family home conversion while retaining all of the extra square footage.

Ready to be renovated to meet your personal desires and reap the benefits of high rental income, 73 South Oxford is conveniently located next to the neighborhood?s shops and restaurants, as well as the C and G Lines and the Atlantic Avenue stop for the NQR, 4 5, and 2 3? a quick 10 minute ride to downtown Manhattan.

Projected cap. rate is 6%. Expenses, rent roll, and further details available upon request. 24 hour advance notice prior showing.

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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Home Design

  • Pre War Building

Interior Spaces

  • 4-Story Property
  • Intercom

Additional Features

  • Lot Dimensions are 24.0 x 82.0
  • Heating System Uses Oil

Community Details

  • Fort Greene Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 2101

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: South Oxford Street/Lafayette Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Fort Greene
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4

Interior Features

  • Equipment (Other): Intercom

Garage/Parking

  • Garage: No

Utilities

  • Heating: Building Oil

Lot Info

  • Lot Size Dimensions: 24.0 x 82.0

Building Info

  • Total Stories: 4
  • Year Built: 1930

Tax Info

  • Tax Block: 2101
  • Tax Lot: 1

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
Jan 7, 2014
Closed on
Jul 15, 2014
Sold by
Bought by
List Price
$3,895,000
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$3,895,000 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $1,401,207
Previous Owner $275,000
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
07/15/2014 07/15/14 Sold -- -- --
06/15/2014 06/15/14 Pending -- -- --
01/07/2014 01/07/14 For Sale $3,895,000 -- --
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 $16,725 $1,105,200 $88,650 $1,016,550
2025 $15,638 $976,500 $88,650 $887,850
2024 $15,638 $916,200 $88,650 $827,550
2023 $14,351 $850,500 $88,650 $761,850
2022 $13,392 $835,650 $88,650 $747,000
2021 $13,427 $785,700 $88,650 $697,050
2019 $10,647 $2,027,700 $18,450 $2,009,250
2018 $9,945 $78,192 $731 $77,461
2017 $9,209 $72,400 $789 $71,611
2016 $9,334 $72,400 $987 $71,413
2015 $5,611 $70,098 $1,146 $68,952
2014 $5,611 $64,937 $849 $64,088
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10097069

Real Estate Board of New York (REBNY)

APN: 02101-0001

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