NOT LISTED FOR SALE

Estimated Value: $4,320,960 - $5,926,000

7 Beds
4 Baths
3,024 Sq Ft
$1,609/Sq Ft Est. Value

Sale Details

Date Sold: March 14, 2014

Last sale price $2,207,000 $730 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $27,700 / mo

119 Days on Market

Highlights

  • Garden
  • P.S. 29 John M. Harrigan Rated A
  • 3-minute walk to Van Voorhees Playground

About This Home

As of March 2014

Located in the Columbia Street Waterfront District, across from Columbia Street Waterfront Park which just broke ground, offered is a corner 3 family brick townhouse having 3 exposures, Hudson River & city views, 2 car private driveway, and air rights! The garden level is configured as a 2 bedroom apartment having a separate entrance, a south facing living room, interior stairs to the finished basement, and access to the rear yard (that can be accessed from Columbia Street) having exterior stairs to the basement. The 2nd floor is a 2 bedroom apartment having a south facing living room. The 3rd floor is a 3 bedroom apartment having a south facing bedroom & living room. All 3 apartments are sub-metered for heat, hot water, gas and electric; moreover, each is equipped with a washer/dryer combo. Hardwood floors and high ceilings throughout. North, south, and west exposures. Projected annual income $106,800+/-. Annual expenses $8,217+/-. Five (5%) percent cap rate. 1,676+/- square feet of available air rights remaining. School District 15, Public School # 29. Five minutes from Brooklyn Bridge Park. Convenient to shops and restaurants on Atlantic, Court and Smith Streets. Take the B61 bus at Baltic & Columbia Streets to Smith & Livingston St, then walk one block to Fulton Street for the A, C, F, and R trains. Or take the B61 bus from Columbia & Kane Streets to Smith & Livingston Streets, then walk 4 blocks to Joralemon & Court Streets for the 2, 3, 4 5 and R trains.

Last Agent to Sell the Property

Brian Phillips

Douglas Elliman Real Estate License #30PH0866302 Listed on: 10/11/2013

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1995

Lot Details

  • Garden

Interior Spaces

  • 3,024 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Block 309

Community Details

Overview

  • 3 Units
  • Cobblehl Subdivision

Building Details

  • Water Sewer Expense $2,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1995

Lot Details

2,352 Sq Ft Lot

Listing Details

  • Cross Street: COLUMBIA & HICKS STREETS
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: COBBLEHL
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Living Area: 3024.0
  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Integer: 4
  • Bedrooms: 7

Exterior Features

  • Exterior Features: Garden

Utilities

  • Heating: Building Natural Gas

Fee Information

  • Annual Water Sewer Expense: 2200.0

Building Info

  • Units: 3
  • Total Stories: 3
  • Year Built: 1995

Tax Info

  • Tax Block: 309

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2013
Closed on
Mar 14, 2014
Sold by
Curtis Eric
Bought by
Kendall Alexandra and Linville Caleb
Seller's Agent
Brian Phillips
Douglas Elliman Real Estate
List Price
$2,000,000
Sold Price
$2,207,000
Premium/Discount to List
$207,000
10.35%
Current Estimated Value
$4,864,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,657,240
Avg. Annual Appreciation
6.76%

Purchase Details

Closed on
Dec 10, 1996
Sold by
Nyc Partnership Housing Development Fund
Bought by
Curtis Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,550
Interest Rate
7.65%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Kendall Alexandra $2,207,000 --
Curtis Eric $317,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Curtis Eric $221,550
Closed Curtis Eric $44,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2014 03/14/14 Sold $2,207,000 +10.4% $730 / Sq Ft
02/12/2014 02/12/14 Pending -- -- --
10/15/2013 10/15/13 For Sale $2,000,000 -- $661 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $18,043 $303,540 $31,800 $271,740
2024 $18,043 $294,540 $31,800 $262,740
2023 $15,983 $234,360 $31,800 $202,560
2022 $11,314 $216,120 $31,800 $184,320
2021 $11,927 $200,940 $31,800 $169,140
2020 $5,857 $203,280 $31,800 $171,480
2019 $11,049 $191,280 $31,800 $159,480
2018 $9,860 $49,830 $7,827 $42,003
2017 $9,328 $47,230 $9,547 $37,683
2016 $8,393 $47,230 $10,284 $36,946
2015 $3,276 $46,656 $15,241 $31,415
2014 $3,276 $44,016 $14,379 $29,637
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10060718

Real Estate Board of New York (REBNY)

APN: 00309-0009

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