NOT LISTED FOR SALE

Estimated Value: $1,566,372 - $2,102,000

9 Beds
4 Baths
3,600 Sq Ft
$476/Sq Ft Est. Value

Last Sold January 30, 2023

Last sale price $1,400,000 $389 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $9,418/month

49 Days on Market

About This Home

As of January 2023

This charming Southern-exposure 20-ft wide, 4-story + basement, 3-family brownstone welcomes you with a huge 2BR/2Ba owner triplex where you can regale guests in an endlessly flowing open living room / kitchen garden level with verdant backyard + open recreation room below. Or retire to spacious bedrooms on the parlor level. Rent out upper 2 units @ $5,500/month, all 3 @ $10-11K/month, or combine into a stately chateau; Best value in Bed Stuy: lowest cost free-market brownstone of its size allows for spacious living, conversion to 4 condos worth over $4 million, or renovation to net $200K+ NOI. Triplex updated 2004. Other units lightly updated 2017. Hardwood floors throughout. Vaulted ceilings $108K rent roll/$91,428 NOI easily adjusts to $116K Current rent roll (Excellent payment history): Triplex: $3,600 month-to-month-delivered occupied 2-BR: $2,350 lease til January-delivered occupied 3-BR: Vacant Top floor furnishings, air conditioners, TVs included. Washer-dryer hookup

Last Agent to Sell the Property

Dotan Kabilo

Real Broker NY LLC License #10401354970 Listed on: 09/02/2022

Real Broker NY LLC

Last Buyer's Agent

Dotan Kabilo

Real Broker NY LLC License #10401354970 Listed on: 09/02/2022

Real Broker NY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,061

Year Built

  • Built in 1899 | Remodeled in 2005

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20x100
  • Two or More Common Walls

Parking

  • On-Street Parking

Home Design

  • 3-Story Property
  • Brick Exterior Construction

Interior Spaces

  • 3,600 Sq Ft Home
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms

Schools

  • Ps 308 Clara Cardwell Elementary And Middle School
  • Boys And Girls High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • 3 Heating Zones
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Legal Lot and Block 56 / 1615
  • Assessor Parcel Number 01615-0056

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,061

Year Built

Built in 1899 | Remodeled in 2005

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Trilevel
  • Property SubType: Multi Family
  • Property Condition: GREAT
  • Levels: Three Or More
  • Building Size: 20x45
  • Year Built: 1899
  • New Construction: No
  • Year Built Effective: 2005
  • Attribution Contact: 888-276-0630
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2005

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Basement: Finished, Full
  • Total Bedrooms: 9
  • Living Area: 3600.00
  • Kitchens: 3
  • Square Footage: 3600.00

Exterior Features

  • Construction Materials: Brick
  • Flood Zone Date: 2022-09-07
  • Flood Zone Report: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Garbage Removal: Public
  • Heating: Electric, Natural Gas, Forced Air
  • Hot Water: Electric Stand Alone
  • Heating Zones: 3
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Ps 308 Clara Cardwell

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Dimensions: 20x100
  • Lot Size Sq Ft: 2000.00
  • Lot Size Units: Acres
  • Parcel Number: 01615-0056
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2023-01-30
  • Tax Annual Amount: 5061.00
  • Tax Block: 1615
  • Tax Lot: 56
  • Tax Map Number: 01615-0056

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

MLS Schools

  • Elementary School: Ps 308 Clara Cardwell
  • High School: Boys And Girls High School
  • Middle School District: Brooklyn 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2022
Closed on
Jan 30, 2023
Sold by
Phoenix Ventures Realty Llc
Bought by
He Zifeng
Seller's Agent
Dotan Kabilo
Real Broker NY LLC
Buyer's Agent
Dotan Kabilo
Real Broker NY LLC
List Price
$1,499,000
Sold Price
$1,400,000
Premium/Discount to List
-$99,000
-6.6%
Views
25
Current Estimated Value
$1,712,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,343
Avg. Annual Appreciation
7.12%
Original Mortgage
$910,000
Outstanding Balance
$881,137
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$831,206

Purchase Details

Closed on
Feb 12, 2016
Sold by
Ho Kam Fong
Bought by
Phoenix Ventures Realty Llc

Purchase Details

Closed on
Oct 27, 2015
Sold by
Phoenix Ventures Realty Llc
Bought by
Ho Kam Fong

Purchase Details

Closed on
Jun 6, 2014
Sold by
Ho Kam Fong
Bought by
Phoenix Ventures Realty Llc

Purchase Details

Closed on
May 5, 2014
Sold by
Butler Crissy
Bought by
Ho Kam Fong

Purchase Details

Closed on
May 1, 2001
Sold by
Everett Effie
Bought by
Butler Crissy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
He Zifeng $1,400,000 --
Phoenix Ventures Realty Llc -- --
Ho Kam Fong -- --
Phoenix Ventures Realty Llc -- --
Ho Kam Fong $899,000 --
Butler Crissy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open He Zifeng $910,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2023 01/30/23 Sold $1,400,000 -6.6% $389 / Sq Ft
10/21/2022 10/21/22 Pending -- -- --
09/02/2022 09/02/22 For Sale $1,499,000 -- $416 / Sq Ft
Source: OneKey® MLS

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 $5,678 $102,240 $23,220 $79,020
2024 $5,678 $109,560 $23,220 $86,340
2023 $5,437 $111,780 $23,220 $88,560
2022 $5,061 $104,700 $23,220 $81,480
2021 $5,154 $89,340 $23,220 $66,120
2020 $2,532 $100,140 $23,220 $76,920
2019 $4,928 $85,020 $23,220 $61,800
2018 $4,547 $22,308 $7,449 $14,859
2017 $4,307 $21,127 $6,275 $14,852
2016 $4,080 $20,409 $8,185 $12,224
2015 $2,404 $20,166 $9,539 $10,627
2014 $2,404 $19,633 $10,410 $9,223
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3427862

OneKey® MLS

APN: 01615-0056