NOT LISTED FOR SALE

Estimated Value: $2,848,000 - $5,251,962

7 Beds
7 Baths
5,400 Sq Ft
$661/Sq Ft Est. Value

Last Sold January 16, 2015

Last sale price $3,250,000 $602 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $21,802/month

95 Days on Market

About This Home

As of January 2015

Totally unlike anything else on the market in Prospect Heights, this massive new construction three family must be seen to be believed. It is a brick new construction home offering approximately 5400 square feet of living space and offers an extraordinary level of luxury finish. It is configured as a lower garden duplex, a tremendous middle simplex and an upper duplex with tremendous private roof deck. Live in one of the condo quality units and collect approximately $9000 per month in rent from the other two units. The level of finish is what you would expect in a high level new construction home. There are magnificent wide plank American walnut floors throughout, central air conditioning and heat, marble baths, and soaring ceilings. Alternatively this home can easily be converted to condominiums to achieve at least a $1 Million increase in value without having to do any construction. This home is located on gorgeous Dean Street right off of Washington Avenue. At your finger tips, you have easy access to excellent shopping, dining, and nightlife on Washington, Franklin, and Vanderbilt Avenues. The Barclays Center, Prospect Park, and the Grand Army Plaza farmers market are all a short walk. This is a very rare and special opportunity.

Last Listed By

Alexander Maroni

Douglas Elliman Real Estate License #10301201619 Listed on: 09/06/2014

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,235

Year Built

  • Built in 2014

Lot Details

  • 2,222

Home Design

  • 5,400 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Community Details

  • 3 Units
  • Proshei Subdivision
  • 5-Story Property

Listing and Financial Details

  • Tax Block 1140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,235

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Cross Street: Washington Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: PROSHEI
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 5

Interior Features

  • Living Area: 5400.0
  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Integer: 7
  • Bedrooms: 7

Building Info

  • Units: 3
  • Total Stories: 5
  • Year Built: 2014

Tax Info

  • Tax Block: 1140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2024
Sold by
A and K
Bought by
Cheek Hanna Virginia and O'Donnell Sydney Cheek
Total Days on Market
95
Current Estimated Value
$3,567,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,108
Outstanding Balance
$362,937
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,159,137

Purchase Details

Listed on
Sep 6, 2014
Closed on
Jan 16, 2015
Sold by
153-35 78Th Avenue Llc and One Dean Llc
Bought by
Cheek Douglas W and Cheek Hanna Virginia
Seller's Agent
Alexander Maroni
Douglas Elliman Real Estate
List Price
$3,490,000
Sold Price
$3,250,000
Premium/Discount to List
-$240,000
-6.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.78%

Purchase Details

Closed on
Jan 29, 2008
Sold by
Behrmann Serge
Bought by
Pacific Blue X Llc
Source: Public Records

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Range of Values:

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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
Cheek Hanna Virginia -- --
Cheek Douglas W $3,450,000 --
Cheek Douglas W $3,450,000 --
Pacific Blue X Llc $1,200,000 --
Pacific Blue X Llc $1,200,000 --
Behrmann Serge -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheek Hanna Virginia $365,108
Closed Cheek Hanna Virginia $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2015 01/16/15 Sold $3,250,000 -6.9% $602 / Sq Ft
12/17/2014 12/17/14 Pending -- -- --
09/12/2014 09/12/14 For Sale $3,490,000 -- $646 / 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
2024 $22,235 $148,980 $14,520 $134,460
2023 $21,211 $166,500 $14,520 $151,980
2022 $19,669 $153,480 $14,520 $138,960
2021 $19,562 $164,880 $14,520 $150,360
2020 $19,675 $199,920 $14,520 $185,400
2019 $19,299 $183,960 $14,520 $169,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10060938

Real Estate Board of New York (REBNY)

APN: 01140-0030