NOT LISTED FOR SALE
9 Beds
6 Baths
3,420 Sq Ft
1,722 Sq Ft Lot

Sale Details

Date Sold: October 25, 2018

Last sale price $1,500,000 $439 Per Sq Ft

Highlights

  • Back Yard
  • 4-minute walk to Halsey Street (J Line)
  • 4-minute walk to Marion Hopkinson Playground
  • P.S. 165 Ida Posner Rated 9+

About This Home

As of October 2018

Astonishing, solid-brick, multi-family, investment property just coming to market in Bedford Stuyvesant! Rarely do we see such exceptional investment opportunities arise in such a lucrative area! With well over 3,400 square feet of livable space spanning 3-stories as well as a fully-finished basement with its own separate front entrance, this building is impressive! Each of the three apartments are set-up to achieve maximum return in this very lucrative rental market! The top floor is a newly renovated 4-bedroom, 2-bathroom apartment with gorgeous high-gloss hardwood floors! The floor under that is an enormous, 3-bedroom, 2-bathroom home, and the first-floor apartment is a spacious 2-bedroom, 2-bathroom apartment with beautiful hardwood floors! Each of these apartments enjoyed high-end renovations; marble counter tops and stainless-steel appliances in all the kitchens, modern tiling in the bathrooms and new windows. The inside of the building is very pretty and boasts exposed brick interiors as well as, in many cases, the original fireplaces and decorative mantle pieces! The neighborhood of Bed-Stuy is extraordinary, right near the border of Bushwick, and surrounded by trendy bars, fancy restaurants, boutique shopping experiences and the J and Z trains, this is the hottest place to be! Call today!

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,260

Lot Details

  • 1,722 Sq Ft Lot
  • Lot Dimensions are 82 x 21
  • Back Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 3,420 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Full Bathrooms

Community Details

  • 3 Units
  • Utility Expense $70

Listing and Financial Details

  • Tax Block 1502

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,260

Lot Details

1,722 Sq Ft Lot

Listing Details

  • Basement Amenities: Other
  • Borough: Brooklyn
  • Building Length: 45.00
  • Building Width: 19.00
  • Co List Office Mls Id: 117790
  • Co List Office Phone: (718) 942-5952
  • Confirmed By M L S Y N: Yes
  • Cross Street: Saratoga Ave
  • Cross Street Name2: Hopkinson Ave
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Other
  • Negotiate Thru: Broker
  • Number Of Families: 3
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Other
  • Fill Sq Ft Total: 3420
  • Building Stories: 3
  • Street Name I D X: Macdonough
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 6
  • Total Bedrooms: 9
  • Flooring: None
  • Lot Sq Ft: 1722

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Other
  • Lot Number: 35
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: Other
  • Heating Fuel: Other
  • Hot Water: Other

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 82
  • Lot Size Width: 21
  • Zoning: R6

Tax Info

  • Flip Tax Amount: 2260.00

Multi Family

  • Unit Count: 3
  • Annual Utility Expenses: 70.00

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
Jun 8, 2018
Closed on
Oct 24, 2018
Sold by
Ocean Hill Madonough Llc
Bought by
Sold Price
$1,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Outstanding Balance
$838,202
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 2014
Sold by
Davilar Andrea
Bought by
Ocean Hill Macdonough Llc

Purchase Details

Closed on
Oct 2, 2014
Sold by
Macdonough Residence Llc
Bought by
Davilar Andrea

Purchase Details

Closed on
Aug 21, 2013
Sold by
Davilar Andrea
Bought by
Macdonough Residence Llc

Purchase Details

Closed on
Aug 9, 2013
Sold by
786 Macdonough Street Trust
Bought by
Davilar Andrea

Purchase Details

Closed on
Mar 26, 2008
Sold by
Davilar Andrea
Bought by
786 Macdonough Street Trust and Young, Trustee, Anthony

Purchase Details

Closed on
Feb 28, 2006
Sold by
Henry Vernon
Bought by
Davilar Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2006
Sold by
Young Joy M
Bought by
Davilar Andrea and Henry Vernon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 5, 2001
Sold by
Polinsky Michele
Bought by
Young Joy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,250
Interest Rate
6.98%

Purchase Details

Closed on
Jul 28, 2000
Sold by
Pleasant Josephine and Eugene Mottley L
Bought by
On The Avenue Realty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,300
Interest Rate
8%
Mortgage Type
FHA
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
$1,500,000 --
Ocean Hill Macdonough Llc $370,000 --
Davilar Andrea -- --
Macdonough Residence Llc $300,000 --
Davilar Andrea -- --
786 Macdonough Street Trust -- --
Davilar Andrea $700,000 --
Davilar Andrea $540,000 --
Young Joy M -- --
On The Avenue Realty $100,000 Lawyers Title Insurance Corp
Polinsky Michele $198,000 Old Republic Natl Title Ins
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 $4,741
Open Tomasini Matteo $975,000
Previous Owner Macdonough Ocean Hill $770,000
Previous Owner Davilar Andrea $630,000
Closed Young Joy M $54,197
Closed Young Joy M $236,250
Previous Owner Polinsky Michele $196,300
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
10/25/2018 10/25/18 Sold $1,500,000 -- $439 / Sq Ft
06/08/2018 06/08/18 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $3,219 $435,600 $167,850 $267,750
2025 $2,981 $363,150 $167,850 $195,300
2024 $2,981 $361,260 $167,850 $193,410
2023 $2,925 $301,050 $167,850 $133,200
2022 $249 $307,350 $167,850 $139,500
2021 $2,583 $296,100 $167,850 $128,250
2020 $2,454 $296,100 $167,850 $128,250
2019 $2,313 $246,780 $167,850 $78,930
2018 $2,333 $18,340 $14,969 $3,371
2017 $2,260 $17,770 $15,781 $1,989
2016 $2,121 $16,454 $16,108 $346
2015 $1,685 $15,236 $14,351 $885
2014 $1,685 $14,108 $13,288 $820
Source: Public Records

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 420843

Brooklyn Board of REALTORS®

APN: 01502-0035

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