NOT LISTED FOR SALE

Estimated Value: $1,502,598 - $2,102,000

8 Beds
3 Baths
3,600 Sq Ft
$509/Sq Ft Est. Value

Last Sold February 24, 2021

Last sale price $1,200,000 $333 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $10,074/month

3,360 Days on Market

Highlights

  • Pre War Building
  • 3-minute walk to Halsey Street (J Line)
  • Patio
  • Intercom
  • Building Patio
  • 2-minute walk to Saratoga Park

About This Home

As of February 2021

848 Macon St is a grand 3,600 ft three-story, 2-Family Limestone Townhouse in the heart of Bed-Stuy: Top Floor Unit over a Garden Duplex. The building is 20 feet by 60 feet on a 20' x 100' lot, with some stunning original details, sprawling open space, and a massive refinished back yard. - CURRENTLY VACANT- 5% CAP RATE. Perfect for an End-User or Investor with an estimated $75,600 Annual Rental Income: $2,800/mo - Top Floor $3,500/mo - Garden Duplex This home has a total of 8 bedrooms and 3 bathrooms, all renovated with gorgeous kitchens and baths. The sprawling garden duplex features four-five bedrooms, two full bathrooms. The parlor floor features hardwood floors and an eat-in chef's kitchen with walk-out access to a deck, which overlooks the backyard. The basement has 7'4'' ceiling heights and also features hardwood floors. There is a huge living area with a large bedroom, tons of closet space, and a full bathroom. The upper rental features three bedrooms and one full bathroom. All of the bedrooms are spacious and come equipped with ample closet space. The kitchens in both feature marble countertops and stainless appliances. This home boasts wonderful natural light as it has 3 skylights. You won't want to miss out on this amazing home! Conveniently located across the street from the enchanting Saratoga Square Park, the second largest park in historic Bedford-Stuyvesant, and just 1 block away from the J train @ Halsey stop at Broadway, as well as all the best Bed-Stuy eateries, coffee shops, grocery stores, and more. Schedule an Appointment today.

Last Agent to Sell the Property

Michael Davis

Compass License #40DA1054478 Listed on: 10/17/2020

Compass

Co-Listed By

Marta Maletz

Compass License #10301201478

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1899

Lot Details

  • Lot Dimensions are 20.0 x 100.0
  • Garden

Home Design

  • Pre War Building

Interior Spaces

  • 3,600 Sq Ft Home
  • 3-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Patio

Community Details

  • Bedford Stuyvesant Subdivision
  • Building Patio

Listing and Financial Details

  • Legal Lot and Block 15 / 1498

Home Details

Home Type

Single Family

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Cross Street: Saratoga Avenue/Thomas S Boyland Street
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Bedford Stuyvesant
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Equipment (Other): Intercom
  • Living Area: 3600.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 8

Exterior Features

  • Exterior Features: Garden
  • Patio/Porch Features: Building Patio, Patio

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 20.0 x 100.0

Building Info

  • Total Stories: 3
  • Year Built: 1899

Tax Info

  • Tax Block: 1498
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2020
Closed on
Feb 24, 2021
Sold by
Morrissy J. David
Bought by
Hughes Lisa S
Seller's Agent
Michael Davis
Compass
List Price
$1,200,000
Sold Price
$1,200,000
Current Estimated Value
$1,830,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$630,650
Avg. Annual Appreciation
9.12%
Original Mortgage
$960,000
Outstanding Balance
$856,653
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$973,997

Purchase Details

Closed on
Oct 23, 2020
Sold by
Morrissy J. David and Morrissy J. David
Bought by
Morrissy David

Purchase Details

Closed on
Jan 11, 2013
Sold by
164 Properties Llc and Stephen S
Bought by
David Morrissy Jr J and David Morrissy Sr J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,750
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2011
Sold by
Carroll Alicia and Carroll Joseph Bruce
Bought by
164 Properties Llc

Purchase Details

Closed on
Jun 27, 2008
Sold by
Carroll Annie and Carroll Hayward V
Bought by
Carroll Alicia

Purchase Details

Closed on
Jul 31, 2000
Sold by
Carroll Annie Mrs and Carroll Hayward V
Bought by
Carroll Hayward V Mr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hughes Lisa S $1,200,000 --
Hughes Lisa S $1,200,000 --
Hughes Lisa S $1,200,000 --
Morrissy David -- --
Morrissy David -- --
Morrissy David -- --
David Morrissy Jr J -- --
David Morrissy Jr J -- --
164 Properties Llc $310,000 --
164 Properties Llc $310,000 --
Carroll Alicia -- --
Carroll Alicia -- --
Carroll Hayward V Mr -- --
Carroll Hayward V Mr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hughes Lisa S $960,000
Closed Hughes Lisa S $960,000
Previous Owner David Morrissy Jr J $423,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/24/2021 02/24/21 Sold $1,200,000 0.0% $333 / Sq Ft
12/24/2020 12/24/20 Pending -- -- --
04/03/2013 04/03/13 Sold -- -- -- View Prior Sale
10/13/2011 10/13/11 For Sale $1,200,000 -- $333 / 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 $5,779 $85,680 $22,500 $63,180
2024 $5,779 $96,900 $22,500 $74,400
2023 $5,516 $118,920 $22,500 $96,420
2022 $5,121 $107,160 $22,500 $84,660
2021 $5,094 $82,740 $22,500 $60,240
2020 $2,533 $91,080 $22,500 $68,580
2019 $5,016 $74,460 $22,500 $51,960
2018 $4,614 $22,632 $8,256 $14,376
2017 $4,358 $21,378 $9,343 $12,035
2016 $4,035 $20,182 $10,104 $10,078
2015 $2,432 $20,178 $12,807 $7,371
2014 $2,432 $19,980 $13,840 $6,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10676577

Real Estate Board of New York (REBNY)

APN: 01498-0015