NOT LISTED FOR SALE

Estimated Value: $1,027,000 - $2,048,000

9 Beds
8 Baths
3,500 Sq Ft
$458/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $1,685,000 $481 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $8,942/month

122 Days on Market

About This Home

As of June 2021

Welcome to 86 Eldert Street, a beautifully gut-renovated three-family home in desirable Bushwick. Featuring premium finishes and abundant natural light, this fine building is an ideal opportunity for investors or for homebuyers seeking multigenerational living space or rental income. Hardwood floors and oversized windows run throughout each of the three flats. Tall ceilings feature recessed lighting, and doors are accented by chic black matte hardware. Thoughtful layouts accommodate relaxed daily life, and skylights flood the top-floor unit with sunlight. Head to the masterfully designed kitchens to find sleek cabinetry, handsome stone and upscale appliances. Enjoy spacious bedrooms with large closets, while bathrooms boast gorgeous floor-to-ceiling tile, roomy vanity cabinets and contemporary fixtures. Unit 1 features a two-bedroom, two-and-a-half bathroom layout. One bedroom includes an en suite bathroom, and there's a powder room off the living room. Unit 2 offers a three-bedroom, three-bathroom floor plan with two bedroom suites and one bedroom with a semi-private attached bath. Unit 3 is a three-bedroom, two-bathroom home. Taken down to the studs, this meticulously reimagined building includes an expansive fenced yard and a full basement with laundry and storage. Located on a quiet tree-lined residential street where Bedford-Stuyvesant meets Bushwick, this exceptional home is surrounded by amazing dining, nightlife and art venues. Local parks and playgrounds dot the neighborhood, and the convenient shops and services on Broadway are just over a block away. Transportation options abound with the J/Z, A/C and L trains, excellent bus service and CitiBikes nearby.

Last Agent to Sell the Property

Justin Martinez

Corcoran Group License #10401225096 Listed on: 11/16/2020

Corcoran Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1899

Lot Details

  • Lot Dimensions are 20.0 x 100.0

Home Design

  • Pre War Building

Interior Spaces

  • 3,500 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Full Bathrooms

Community Details

  • Bushwick Subdivision

Listing and Financial Details

  • Legal Lot and Block 27 / 3415

Home Details

Home Type

Single Family

Year Built

Built in 1899

Lot Details

2,004 Sq Ft Lot

Listing Details

  • Cross Street: Bushwick Avenue/Evergreen Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Bushwick
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Living Area: 3500.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 8
  • Bathrooms Integer: 8
  • Bedrooms: 9

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: 3415
  • Tax Lot: 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2022
Sold by
Lam Izabel
Bought by
Izabel Lam Revocable Trust and Izabel Lam As Trustee
Current Estimated Value
$1,601,325

Purchase Details

Listed on
Nov 16, 2020
Closed on
Jun 28, 2021
Sold by
Eldert Estates Llc
Bought by
Lam Izabel
Seller's Agent
Justin Martinez
Corcoran Group
List Price
$1,685,000
Sold Price
$1,685,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.07%
Original Mortgage
$955,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2019
Sold by
Waldman Leah
Bought by
Eldert Estates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$702,500
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2019
Sold by
Eldert Estates Llc
Bought by
Waldman Leah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$702,500
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2018
Sold by
Bhimsen Lilowtie
Bought by
Eldert Estates Llc

Purchase Details

Closed on
Jan 26, 2006
Sold by
Boodram Pasram
Bought by
Bhimsen Lilowtie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$518,500
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2004
Sold by
Chan David
Bought by
Boodram Pasram

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,400
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 1995
Sold by
Aponte Maria
Bought by
Chan David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,278
Interest Rate
9.19%
Mortgage Type
FHA
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
Izabel Lam Revocable Trust -- --
Izabel Lam Revocable Trust -- --
Lam Izabel $1,685,000 --
Lam Izabel $1,685,000 --
Eldert Estates Llc -- --
Eldert Estates Llc -- --
Waldman Leah -- --
Waldman Leah -- --
Eldert Estates Llc $250,000 --
Eldert Estates Llc $250,000 --
Bhimsen Lilowtie $610,000 --
Bhimsen Lilowtie $610,000 --
Boodram Pasram $468,000 --
Boodram Pasram $468,000 --
Chan David $130,000 --
Chan David $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lam Izabel $955,000
Previous Owner Waldman Leah $702,500
Previous Owner Bhimsen Lilowtie $518,500
Previous Owner Boodram Pasram $374,400
Previous Owner Chan David $126,278
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2021 06/28/21 Sold $1,685,000 0.0% $481 / Sq Ft
11/16/2020 11/16/20 For Sale $1,685,000 -- $481 / 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 $7,332 $96,240 $12,720 $83,520
2024 $7,332 $110,760 $12,720 $98,040
2023 $7,166 $114,540 $12,720 $101,820
2022 $7,044 $101,520 $12,720 $88,800
2021 $4,273 $65,880 $12,720 $53,160
2020 $1,009 $66,660 $12,720 $53,940
2019 $3,853 $52,980 $12,720 $40,260
2018 $3,548 $17,406 $3,122 $14,284
2017 $3,548 $17,406 $4,188 $13,218
2016 $3,382 $16,920 $4,067 $12,853
2015 $1,980 $16,269 $4,410 $11,859
2014 $1,980 $15,350 $4,994 $10,356
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10683056

Real Estate Board of New York (REBNY)

APN: 03415-0027

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