NOT LISTED FOR SALE

Estimated Value: $1,539,833 - $1,977,000

5 Beds
6 Baths
2,900 Sq Ft
$604/Sq Ft Est. Value

Last Sold March 01, 2016

Last sale price $1,195,000 $412 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $9,728/month

96 Days on Market

Highlights

  • Pre War Building
  • Intercom
  • Central Air
  • Terrace
  • Building Terrace
  • Heating System Uses Natural Gas

About This Home

As of March 2016

This gorgeously renovated two- brownstone perfectly blends immaculate new finishes and mechanicals with the character of a stately townhome. Touches of warm wood and brick co-exist alongside sleek white walls and modern fixtures to bring out the best of old and new in this three-story residence.

The owner's upper unit opens into the sweeping parlor floor, where the ample living/dining area is anchored by a striking, re-interpreted grand staircase. A wall of windows and glass doors leading to the oversized deck and backyard send light streaming into the gorgeous chef's kitchen, which is outfitted with a French-door refrigerator, gooseneck pull-down spray faucet, built-in wine rack and ample cabinets. Upstairs, there are three nicely sized bedrooms with treetop views and custom closets. The bathrooms in this home are modern masterpieces in gray and white, featuring floor-to-ceiling tile, high-tech showerheads and oversized sinks in sleek vanity cabinets. Downstairs, the garden-level, one-bedroom unit features a large rec room and can easily fetch above market-rate rent for the neighborhood.

The home features recessed lighting and central air conditioning, plus all-new plumbing and electrical throughout. The thoughtful gut renovation also included a complete restoration of the stunning brownstone faade and front railings.

Located in the prime Stuyvesant Heights area of Bed-Stuy, on picturesque Hancock Street, the residence is steps from neighborhood hotspots Saraghina and Therapy Wine Bar, new eateries Brunswick and Manny's, plus many markets and amenities nearby. The home is walking distance to both the A/C and J/Z trains.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,108

Year Built

  • Built in 1901

Lot Details

  • 1,437

Home Design

  • Pre War Building

Interior Spaces

  • 2,900 Sq Ft Home
  • 3-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Terrace

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units
  • Bedford Stuyvesant Subdivision

Amenities

  • Building Terrace

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,108

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Cross Street: Patchen ave and Ralph Ave
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Bedford Stuyvesant
  • Architectural Style: Prewar
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Dryer, Washer
  • Equipment (Other): Intercom
  • Living Area: 2900.0
  • Living Area Units: Square Feet
  • Rooms (Total): 10

Beds/Baths

  • Bathrooms Integer: 6
  • Bedrooms: 5

Exterior Features

  • Patio/Porch Features: Building Terrace, Terrace

Utilities

  • Cooling: Building Cooling, Central Air
  • Cooling: Yes
  • Heating: Building Natural Gas, Natural Gas
  • Heating: Yes

Building Info

  • Units: 2
  • Total Stories: 3
  • Year Built: 1901

Tax Info

  • Tax Block: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2021
Sold by
Burgbacher Robin and Hiatt Gabriella
Bought by
Cuevas Elizabeth and Cuevas Luis
Current Estimated Value
$1,751,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,340,000
Outstanding Balance
$1,222,173
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$529,285

Purchase Details

Listed on
Oct 26, 2015
Closed on
Mar 1, 2016
Sold by
Ask91 Llc
Bought by
Burgbacher Robin and Hiatt Gabriella
List Price
$1,195,000
Sold Price
$1,195,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.09%
Original Mortgage
$776,750
Interest Rate
3.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 23, 2014
Sold by
Charles A D'Andrade Jr Administrator
Bought by
Ask91 Llc

Purchase Details

Closed on
Jul 19, 2007
Sold by
Parker Dolores
Bought by
D'Andrade Charles
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
Cuevas Elizabeth $1,675,000 --
Burgbacher Robin $1,195,000 --
Ask91 Llc $615,000 --
D'Andrade Charles -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cuevas Elizabeth $1,340,000
Previous Owner Burgbacher Robin $776,750
Previous Owner D'Andrade Charles $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2016 03/01/16 Sold $1,195,000 0.0% $412 / Sq Ft
01/31/2016 01/31/16 Pending -- -- --
10/26/2015 10/26/15 For Sale $1,195,000 -- $412 / 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 $3,108 $114,720 $16,380 $98,340
2024 $3,108 $90,600 $16,380 $74,220
2023 $3,143 $103,020 $16,380 $86,640
2022 $3,053 $93,120 $16,380 $76,740
2021 $3,038 $96,480 $16,380 $80,100
2020 $1,427 $91,200 $16,380 $74,820
2019 $2,698 $78,420 $16,380 $62,040
2018 $2,629 $12,896 $3,260 $9,636
2017 $2,598 $12,746 $3,888 $8,858
2016 $2,405 $12,031 $4,954 $7,077
2015 $1,450 $11,370 $7,016 $4,354
2014 $1,450 $10,747 $6,179 $4,568
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10061399

Real Estate Board of New York (REBNY)

APN: 01658-0058