NOT LISTED FOR SALE

Estimated Value: $1,264,000 - $1,802,000

5 Beds
3 Baths
2,238 Sq Ft
$682/Sq Ft Est. Value

Last Sold January 20, 2022

Last sale price $950,000 $424 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $8,960/month

21 Days on Market

Highlights

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

About This Home

As of January 2022

87 Saratoga Avenue is a three-story, two-family townhouse, built in 1899, on a tree-lined block in blossoming Bedford Stuyvesant. Built 17.75 feet wide by 42 feet deep, this home boasts about 2,236 square feet, with room to possibly expand around another 1,200 square feet! Bring your imagination along with your architect and create something special! There are four ornate fireplaces and gorgeous detailing including crown molding on all floors. The garden floor and parlor duplex features three bedrooms, and an eat-in-kitchen with access to the garden. The parlor floor has over ten-foot ceilings. The building's top floor is currently configured as a flexible three-bedroom apartment. All of this is conveniently located near the J/Z trains at Halsey or Chauncey Streets and the A/C trains at Ralph or Rockaway Avenues, and close to a great bars, restaurants, shopping, nightlife and Saratoga Park!

Last Agent to Sell the Property

Malcolm Adams

Compass License #10301212117 Listed on: 10/28/2021

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,779

Year Built

  • Built in 1899

Lot Details

  • Lot Dimensions are 17.0 x 80.0

Home Design

  • Pre War Building

Interior Spaces

  • 2,238 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Community Details

  • Ocean Hill Subdivision

Listing and Financial Details

  • Legal Lot and Block 9 / 1502

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,779

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Cross Street: MacDonough Street/Decatur Street
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Ocean Hill
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Living Area: 2238.0
  • Living Area Units: Square Feet
  • Rooms (Total): 10

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 5

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 17.0 x 80.0

Building Info

  • Total Stories: 2
  • Year Built: 1899

Tax Info

  • Tax Block: 1502
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2023
Sold by
Townhouse Rental Ii Llc
Bought by
Townhouse Rental Llc
Current Estimated Value
$1,525,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,787,036
Outstanding Balance
$36,816,672
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$35,291,147

Purchase Details

Closed on
Feb 16, 2023
Sold by
Psa Brooklyn Llc
Bought by
Townhouse Rental Ii Llc

Purchase Details

Listed on
Oct 28, 2021
Closed on
Jan 20, 2022
Sold by
John Morgan Dawn
Bought by
Psa Brooklyn Llc
Seller's Agent
Malcolm Adams
Compass
List Price
$950,000
Sold Price
$950,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.06%
Original Mortgage
$990,000
Interest Rate
3.92%
Mortgage Type
Unknown

Purchase Details

Listed on
Oct 28, 2021
Closed on
Dec 24, 2021
Sold by
Morgan Bruce and Morgan Dawn
Bought by
John Morgan Dawn
Seller's Agent
Malcolm Adams
Compass
List Price
$950,000
Sold Price
$950,000
Source: Public Records

Range of Values:

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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
Townhouse Rental Llc -- --
Townhouse Rental Ii Llc $1,812,000 --
Psa Brooklyn Llc $950,000 --
John Morgan Dawn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Townhouse Rental Llc $37,787,036
Previous Owner Psa Brooklyn Llc $990,000
Previous Owner Morgan Dawn $30,000
Previous Owner John-Morgan Dawn $20,000
Previous Owner Morgan Dawn L $261,451
Previous Owner Morgan Dawn John $250,000
Previous Owner Morgan Kenneth $18,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2022 01/20/22 Sold $950,000 0.0% $424 / Sq Ft
11/19/2021 11/19/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $950,000 -- $424 / 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 $7,779 $104,340 $16,080 $88,260
2024 $7,779 $107,760 $16,080 $91,680
2023 $7,641 $112,200 $16,740 $95,460
2022 $2,479 $89,940 $16,740 $73,200
2021 $1,468 $69,420 $16,740 $52,680
2020 $1,101 $71,640 $16,740 $54,900
2019 $1,443 $56,940 $16,740 $40,200
2018 $1,300 $15,675 $3,887 $11,788
2017 $2,719 $14,808 $5,794 $9,014
2016 $2,483 $13,971 $7,382 $6,589
2015 $1,465 $13,957 $7,358 $6,599
2014 $1,465 $13,833 $8,751 $5,082
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10755601

Real Estate Board of New York (REBNY)

APN: 01502-0009