NOT LISTED FOR SALE

Estimated Value: $1,915,000 - $2,077,146

5 Beds
5 Baths
-- Sq Ft
1,612 Sq Ft Lot

Last Sold October 04, 2021

Last sale price $1,600,000

Est. 24% increase in value since last sale

Current estimated payment $12,264/month

29 Days on Market

About This Home

As of October 2021

Where Contemporary design meets Brownstone Brooklyn. This large modern two-family townhouse in Bed-Stuy with backyard and rooftop is not to be missed! It is great for an end user or an investor.

Built in 2016, the home is configured as a 3BR/2.5BA duplex with large private rooftop over a 2.5BR/2BA Garden level duplex with a spacious recreation room and a generous backyard area. Perched on a 20ft wide lot, this home is built 40ft deep, giving you approximately 3,300 sq. ft. of space in this 4 story home.

The generous layout and high ceilings give a fantastic feeling as you walk through the space.

The bottom duplex features 2.5 bedrooms, 2 full bathrooms, a large recreation room with a laundry room, and a backyard with rental income of $3,900.

Upstairs, a 3 bedroom 2.5 bathroom apartment with laundry and a ton of closets has the potential to bring in $4,200/month in rent.

The high rental income helping any end user to significantly offset their monthly mortgage costs.

Features include Central A/C, white oak flooring, high end stainless steel appliances, washer dryer in both units, plenty of private outdoor space. Open kitchen, spacious layout and plenty of light throughout.

Additional FAR of 1,472 sq ft

Approximate Rental Income:

Unit 1 - $3,900

Unit 2 - $4,200

Lot dimensions 20 ft. x 80 ft.

Built 19ft. x 42 ft.

Annual taxes are $18,528 / Monthly $1,544

Each unit is separately metered.

Great CAP Rate of 4.8%

Downstairs tenant's lease in place till April 2022

Conveniently located to Herbert Von King Park, and restaurants like Peaches, Saranghina and plenty of markets.

Last Agent to Sell the Property

JC Vasquez

Corcoran Group License #10301221329 Listed on: 07/14/2021

Corcoran Group

Co-Listed By

Philip Hale

Corcoran Group License #40HA1108952

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,409

Year Built

  • Built in 2014

Lot Details

  • 1,612

Interior Spaces

  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Community Details

  • 2 Units
  • Bedford Stuyvesant Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,409

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Bedford - Stuyvesant
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Rooms (Total): 10

Beds/Baths

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

Garage/Parking

  • Garage: No

Building Info

  • Units: 2
  • Total Stories: 3
  • Year Built: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
Sep 27, 2021
Sold by
Kim Yong
Bought by
Pampati Ashwin and Zachritz Hannah
Seller's Agent
JC Vasquez
Corcoran Group
List Price
$1,565,000
Sold Price
$1,600,000
Premium/Discount to List
$35,000
2.24%
Current Estimated Value
$1,984,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,537
Avg. Annual Appreciation
5.77%
Original Mortgage
$1,280,000
Outstanding Balance
$1,169,771
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$825,758

Purchase Details

Closed on
Jan 23, 2018
Sold by
Kim-Mckenna Yong and Mckenna Taylor C
Bought by
Kim Yong

Purchase Details

Closed on
Apr 10, 2015
Sold by
733 Green Properties Llc
Bought by
Kim-Mckenna Yong and Mckenna Taylor C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
3.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 2013
Sold by
Elky Torim Corp
Bought by
733 Green Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2013
Sold by
Eh Pooled 211 Lp
Bought by
Elky Torim Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2012
Sold by
Eh Pooled 211 Lp
Bought by
Elky Torim Corp

Purchase Details

Closed on
Dec 20, 2011
Sold by
American Brokers Conduit
Bought by
Eh Pooled 211 Lp

Purchase Details

Closed on
Aug 10, 2009
Sold by
Silversmith Lyle F
Bought by
American Brokers Conduit

Purchase Details

Closed on
Sep 28, 2006
Sold by
207 Essex Corp
Bought by
Dasrat Jeniffier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2006
Sold by
Realty 2 Developers Inc
Bought by
207 Essex Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
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
Pampati Ashwin $1,600,000 --
Kim Yong -- --
Kim-Mckenna Yong $1,374,638 --
733 Green Properties Llc $216,793 --
Elky Torim Corp -- --
Elky Torim Corp $3,000 --
Eh Pooled 211 Lp -- --
American Brokers Conduit -- --
Dasrat Jeniffier $750,000 --
207 Essex Corp $400,000 --
Realty 2 Developers Inc $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pampati Ashwin $1,280,000
Previous Owner Kim-Mckenna Yong $850,000
Previous Owner 733 Green Properties Llc $349,000
Previous Owner 733 Green Properties Llc $150,000
Previous Owner Dasrat Jeniffier $600,000
Previous Owner Dasrat Jeniffier $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2021 10/04/21 Sold $1,600,000 +2.2% --
08/13/2021 08/13/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $1,565,000 -- --
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 $18,409 $126,000 $12,480 $113,520
2024 $18,409 $99,540 $12,480 $87,060
2023 $18,614 $117,600 $12,480 $105,120
2022 $18,160 $128,880 $12,480 $116,400
2021 $18,061 $114,900 $12,480 $102,420
2020 $8,470 $96,060 $12,480 $83,580
2019 $15,978 $76,380 $12,480 $63,900
2018 $16,451 $80,700 $12,480 $68,220
2017 $20,377 $99,960 $12,480 $87,480
2016 $8,276 $41,400 $12,480 $28,920
2015 $2,865 $40,184 $12,480 $27,704
2014 $2,865 $68,400 $68,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10731875

Real Estate Board of New York (REBNY)

APN: 01614-0077