NOT LISTED FOR SALE

Estimated Value: $1,322,706 - $1,835,000

5 Beds
6 Baths
3,967 Sq Ft
$372/Sq Ft Est. Value

Last Sold November 14, 2018

Last sale price $1,700,000 $429 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $8,216/month

121 Days on Market

Highlights

  • Terrace
  • Garden
  • 4-minute walk to Heckscher Playground

About This Home

As of November 2018

The Eklund/Gomes team brings you 88 Bleecker, a stunning, one-of-a-kind, five-level townhouse featuring an owners' penthouse triplex with private garden and 360 views from two en-suite roof terraces, and a gorgeous income producing duplex rental below. And this townhouse offers one of the great joys of summer in the city, to walk right from your kitchen to your private yard.

The owner's triplex is a work of careful planning and elegant design featuring 4 bedrooms, 2 full bathrooms and 1 half bath.

The first level of the triplex is a sun-filled, full floor stretching 55 feet. This perfect entertaining and living space blends relaxing, dining, and gourmet kitchen areas and is bookended by over-sized casement windows in front and a pair of over-sized sliding glass doors flowing seamlessly into the private backyard. This floor also has a generous closet and a half-bath.

The kitchen perfectly balances the needs of demanding cooks and the joys of socializing around food through every season. It has abundant storage and counter space, and is carefully laid out with double sinks, professional grade appliances and a generous island with ample seating.

The middle level of the triplex is also sun-filled and has laundry, 2 full baths, and 3 bedrooms, including the luxurious master suite with en-suite master bath and generous closet space.

Finally, the 5th level achieves that rarest of New York pleasures: a sunny, private penthouse above the bustling city with 360 degree views from two en-suite terraces. (Plus, for those craving an even higher perch, a final third observation deck on top of the penthouse is accessible by ladder.)

The lower unit is a fabulous duplex apartment. Perfect for high rental income, it features 2 full baths, 1 half bath, 1 large master bedroom and a sun-lit lower level with full bath. The rental unit alone can pay for more than $500,000 in mortgage.

Located in red-hot Bushwick, this thriving neighborhood is driven by its own vibrant diversity, super convenient proximity to Williamsburg, and four subway lines (J,M,Z,L). The area is teeming with activity and dotted with community gardens and local favorites like Sunrise/Sunset, Bushwick Public House, Lone Wolf, Brooklyn Whiskers, and Little Mo. Within about a 2-mile radius you can be on the Williamsburg Bridge, in Fort Greene, or enjoying the best parts of BedStuy and much more.

88 Bleecker Street is beautiful and understated: a loft-like townhouse with hand-laid brick facade and massive black -clad casement windows for maximum light and energy efficiency. Both units are individually metered and have true central AC and central heat. Don't miss your opportunity to call this gorgeous property home.

Co-Listed By

Bren Salamon

Douglas Elliman Real Estate License #10301209524

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Lot Details

  • 1,655

Home Design

  • 3,967 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Bathrooms

Additional Features

  • Terrace
  • Garden

Community Details

  • 2 Units
  • Busk Subdivision
  • 5-Story Property

Listing and Financial Details

  • Tax Block 3305

Property Details

Home Type

Multi-Family

Lot Details

1,655 Sq Ft Lot

Listing Details

  • Cross Street: Evergreen Ave.
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: BUSK
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 5

Interior Features

  • Living Area: 3967.0
  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Integer: 6
  • Bedrooms: 5

Exterior Features

  • Exterior Features: Garden
  • Patio/Porch Features: Terrace, Rooftop

Garage/Parking

  • Garage: No

Building Info

  • Units: 2
  • Total Stories: 5

Tax Info

  • Tax Block: 3305

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2018
Closed on
Oct 9, 2018
Sold by
Lichy Regla
Bought by
Chen Liang and Warren Keith
List Price
$1,700,000
Sold Price
$1,700,000
Current Estimated Value
$1,475,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$224,073
Avg. Annual Appreciation
-1.91%
Original Mortgage
$1,224,000
Outstanding Balance
$1,071,920
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$404,007

Purchase Details

Closed on
May 18, 2017
Sold by
R & D Equity Llc
Bought by
Lichy Jacob Dr and Lichy Regla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$814,788
Interest Rate
4.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 4, 2015
Sold by
88 Bleecker Holdings Inc
Bought by
R & D Equity Llc

Purchase Details

Closed on
Jun 18, 2015
Sold by
Mudada Abayomi
Bought by
88 Bleecker Holdings Inc

Purchase Details

Closed on
Jan 15, 2002
Sold by
Mapleshade Properties In
Bought by
Katz Isaac
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
Chen Liang $1,700,000 --
Lichy Jacob Dr $1,380,000 --
R & D Equity Llc $200,000 --
88 Bleecker Holdings Inc $160,000 --
Katz Isaac -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Liang $1,224,000
Previous Owner Lichy Jacob Dr $814,788
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2018 11/14/18 Sold $1,700,000 0.0% $429 / Sq Ft
10/15/2018 10/15/18 Pending -- -- --
06/15/2018 06/15/18 For Sale $1,700,000 -- $429 / 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 $7,441 $81,180 $10,020 $71,160
2024 $7,441 $64,140 $10,020 $54,120
2023 $7,099 $78,720 $10,020 $68,700
2022 $6,583 $86,220 $10,020 $76,200
2021 $6,940 $94,560 $10,020 $84,540
2019 $6,459 $62,820 $10,020 $52,800
2018 $5,938 $29,128 $6,728 $22,400
2017 $5,602 $27,480 $10,020 $17,460
2016 $3,808 $42,300 $42,300 $0
2015 -- $40,050 $40,050 $0
2014 -- $36,900 $36,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10420822

Real Estate Board of New York (REBNY)

APN: 03305-0029

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