NOT LISTED FOR SALE

Estimated Value: $1,262,113 - $1,746,000

5 Beds
4 Baths
2,268 Sq Ft
$656/Sq Ft Est. Value

Last Sold August 15, 2016

Last sale price $1,200,000 $529 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $8,459/month

73 Days on Market

Highlights

  • Garden
  • 3-minute walk to Chauncey Street
  • 4-minute walk to Marion Hopkinson Playground

About This Home

As of August 2016

You won't find a better deal. This one needs nothing at all. Move right in and start collecting income, or treat this like your canvas and add your own details and finishes. Every square foot of livable space has been utilized in this layout. The top floor rental is sunny and open with two bedrooms, one bathroom, and separate entrance. The owner's duplex, with its private backyard, consists of a totally open parlor floor with a half bathroom over three bedrooms and two full baths on the ground level. And there's plenty of possibility for this house to grow. Finish the basement to create a double duplex or an owner's triplex or maximize the floor-to-area ratio (FAR) to 4,374 square feet. Renovated for sale in 2012 the house comes with a new roof, gas heat, new water heater, separate meters, and new LG high-efficiency washer and dryer. Talk about convenience; the walk to the J and Z trains at Chauncey St. is a block and a half, to the C train .4 miles, and .5 miles to the L train. It's also three and a half blocks to Saratoga Park, the hidden gem of Bed-Stuy often compared to Greenpoint's McGolrick Park with its tall trees, dog park, and playground. Nearby eats and drinks include Covert Coffee, MacDonough Cafe, Salud, The Evergreen, Bed-Stuy Fish Fry, Manny's and, of course, the ever popular Saraghina and Peaches - all within walking distance. In addition to the large supermarkets on Broadway, the neighborhood has local and organic grocery offerings in Bed-Stuy Fresh and Local and Cathy's Greengold Market. No appointments until May 8th, showing by open house. Delivered completely vacant.

Last Agent to Sell the Property

Gabriel Greenberg

Compass License #10401232376 Listed on: 04/29/2016

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,936

Lot Details

  • Garden

Home Design

Interior Spaces

  • 2,268 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Community Details

  • 2 Units
  • Bed Stuy Subdivision

Listing and Financial Details

  • Tax Block 1507

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,936

Lot Details

0

Listing Details

  • Cross Street: Broadway/Thomas S Boylandt St
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: BED-STUY
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Living Area: 2268.0
  • Living Area Units: Square Feet
  • Rooms (Total): 8

Beds/Baths

  • Bathrooms Integer: 4
  • Bedrooms: 5

Exterior Features

  • Exterior Features: Garden

Utilities

  • Heating: Building Natural Gas

Building Info

  • Units: 2
  • Total Stories: 3

Tax Info

  • Tax Block: 1507

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2022
Sold by
Hersey Erin and Marias Eli Jonathan
Bought by
Hersey Erin and Marias Eli Jonathan
Current Estimated Value
$1,488,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,645
Outstanding Balance
$31,264
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,457,264

Purchase Details

Listed on
Apr 29, 2016
Closed on
Aug 11, 2016
Sold by
Atwood Rebecca Anne and Long Gabriel B
Bought by
Hersey Erin and Marias Eli Jonathan
Seller's Agent
Gabriel Greenberg
Compass
List Price
$1,149,000
Sold Price
$1,200,000
Premium/Discount to List
$51,000
4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.41%
Original Mortgage
$800,000
Outstanding Balance
$641,146
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$847,382

Purchase Details

Closed on
Dec 29, 2015
Sold by
Long Gabriel B and Long Nicholas T
Bought by
Atwood Rebecca Anne and Long Gabriel B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,889
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2011
Sold by
York Equities Corp
Bought by
Long Gabriel B and Long Nicholas T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,900
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2011
Sold by
Portfolio 8400 Llc
Bought by
York Equities Corp

Purchase Details

Closed on
Dec 22, 2010
Sold by
Thomas Donald
Bought by
Portfolio 8400 Llc

Purchase Details

Closed on
Jul 25, 2008
Sold by
Thomas Donald and Thomas Theodora
Bought by
Thomas Donald

Purchase Details

Closed on
Aug 20, 2002
Sold by
Thomas Theodora
Bought by
Thomas Theodora

Purchase Details

Closed on
Jun 15, 2001
Sold by
Thomas Thedora
Bought by
Thomas Theodora
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
Hersey Erin -- --
Hersey Erin -- --
Hersey Erin $1,200,000 --
Hersey Erin $1,200,000 --
Atwood Rebecca Anne -- --
Atwood Rebecca Anne -- --
Long Gabriel B $520,000 --
Long Gabriel B $520,000 --
York Equities Corp $250,000 --
York Equities Corp $250,000 --
Portfolio 8400 Llc $185,000 --
Thomas Donald -- --
Thomas Donald -- --
Thomas Theodora -- --
Thomas Theodora -- --
Thomas Theodora -- --
Thomas Theodora -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hersey Erin $33,645
Open Hersey Erin $69,000
Closed Hersey Erin $33,645
Open Hersey Erin $800,000
Closed Hersey Erin $800,000
Previous Owner Atwood Rebecca Anne $11,889
Previous Owner Long Gabriel B $393,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2016 08/15/16 Sold $1,200,000 +4.4% $529 / Sq Ft
07/16/2016 07/16/16 Pending -- -- --
05/03/2016 05/03/16 For Sale $1,149,000 -- $507 / Sq Ft
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 $4,936 $75,000 $18,180 $56,820
2024 $4,936 $84,960 $18,180 $66,780
2023 $4,736 $104,280 $18,180 $86,100
2022 $4,420 $93,780 $18,180 $75,600
2021 $4,426 $86,700 $18,180 $68,520
2020 $2,200 $75,480 $18,180 $57,300
2019 $4,284 $83,460 $18,180 $65,280
2018 $3,761 $19,435 $4,314 $15,121
2017 $3,761 $18,450 $6,463 $11,987
2016 $3,504 $17,526 $8,284 $9,242
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10061122

Real Estate Board of New York (REBNY)

APN: 01507-0014