NOT LISTED FOR SALE

Estimated Value: $2,037,000 - $2,709,000

Studio
-- Baths
3,520 Sq Ft
$707/Sq Ft Est. Value

Sale Details

Date Sold: June 18, 2014

Last sale price $1,600,000 $455 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $14,715 / mo

64 Days on Market

About This Home

As of June 2014

This immaculate three family investment property is one of the best values in Prospect Heights proper. This 22' wide home offers three large two bedroom apartments in turn key condition, plus a cellar with high ceilings and windows that could easily be finished in to a rec room for unit 1. This building also has a gorgeous common roof deck with sweeping views. Located on a corner, this building offers incredible corner light. The rent roll for this building will easily be $120,000. Each unit pays it's own heat so TOTAL expenses for this property are approximately $10K per year. Situated ideally on Bergen Street between Grand and Classon Aves in TRUE Prospect Heights, this wonderful property is steps to incredible dining, shopping, and nightlife on Franklin, Washington, and Vanderbilt Avenues, Prospect Park, Park Slope, and the Barclays Center. Also extremely close to 1000 Dean Street, a major new boutique office builiding that's raising the profile of the area. A truly rare and special property.

Last Agent to Sell the Property

Alexander Maroni

Douglas Elliman Real Estate License #10301201619 Listed on: 03/10/2014

Douglas Elliman Real Estate
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Property Details

Home Type

  • Multi-Family

Home Design

Interior Spaces

  • 3,520 Sq Ft Home
  • 3-Story Property

Listing and Financial Details

  • Tax Block 1148

Community Details

Overview

  • 3 Units
  • Proshei Subdivision

Building Details

  • Water Sewer Expense $1,000

Property Details

Home Type

Multi-Family

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: classon avenue/Grand Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: PROSHEI
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  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Living Area: 3520.0
  • Living Area Units: Square Feet

Fee Information

  • Annual Water Sewer Expense: 1000.0

Building Info

  • Units: 3
  • Total Stories: 3

Tax Info

  • Tax Block: 1148

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

Closed on
Dec 22, 2016
Sold by
Kim Imchol
Bought by
Current Estimated Value
$2,488,277

Purchase Details

Closed on
Aug 30, 2016
Sold by
Sacd Llc
Bought by
Kim Imchol and Lee-Kim Demy Yung J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,683
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 2014
Sold by
Kim Imchol
Bought by
Sacd Llc

Purchase Details

Listed on
Mar 10, 2014
Closed on
Jun 16, 2014
Sold by
848 Bergen Llc
Bought by
Kim Demy Yung J Lee and Kim Imchol
Seller's Agent
Alexander Maroni
Douglas Elliman Real Estate
List Price
$1,799,000
Sold Price
$1,600,000
Premium/Discount to List
-$199,000
-11.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.68%
Original Mortgage
$967,950
Interest Rate
4.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2014
Sold by
Gist Leslie
Bought by
848 Bergen Llc

Purchase Details

Closed on
Jun 15, 2006
Sold by
Nana Llc
Bought by
Gist Leslie and Gist Marion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Prospect Heights, NY

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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
-- --
Kim Imchol -- --
Sacd Llc -- --
Kim Demy Yung J Lee $1,600,000 --
848 Bergen Llc $1,100,000 --
Gist Leslie $800,000 --
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 $9,090
Previous Owner Kim Imchol $4,683
Previous Owner Kim Demy Yung J Lee $967,950
Previous Owner Gist Leslie $640,000
Previous Owner Gist Leslie $160,000
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
06/18/2014 06/18/14 Sold $1,600,000 -11.1% $455 / Sq Ft
05/19/2014 05/19/14 Pending -- -- --
03/15/2014 03/15/14 For Sale $1,799,000 -- $511 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $11,835 $131,340 $17,820 $113,520
2025 $11,165 $150,780 $17,820 $132,960
2024 $11,165 $130,380 $17,820 $112,560
2023 $10,651 $142,380 $17,820 $124,560
2022 $10,349 $134,340 $17,820 $116,520
2021 $10,775 $103,740 $17,820 $85,920
2020 $5,137 $125,820 $17,820 $108,000
2019 $9,691 $120,300 $17,820 $102,480
2018 $8,909 $43,704 $6,904 $36,800
2017 $8,806 $43,200 $9,546 $33,654
2016 $8,530 $42,667 $9,793 $32,874
2015 $4,915 $40,921 $12,100 $28,821
2014 $4,915 $38,605 $13,698 $24,907
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10060810

Real Estate Board of New York (REBNY)

APN: 01148-0043

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