NOT LISTED FOR SALE

Estimated Value: $2,900,000 - $3,632,000

5 Beds
4 Baths
3,400 Sq Ft
$984/Sq Ft Est. Value

Sale Details

Date Sold: November 29, 2016

Last sale price $2,749,000 $809 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $18,154 / mo

412 Days on Market

Highlights

  • Pre War Building
  • 5-minute walk to Clinton-Washington Avenues (A,C Line)
  • Garden
  • P.S. 11 Purvis J Behan Rated A+
  • Terrace
  • 1-minute walk to Lowry Triangle

About This Home

As of November 2016

889 Pacific Street is a huge 20' X 45' four story immaculately renovated townhouse one of Prospect Heights' best blocks, Pacific Street between Vanderbilt and Underhill Avenues. This home has undergone an architecturally curated renovation and is perfectly configured as an owner's triplex over a garden rental. The home has amazing curb appeal with a newly restored brownstone façade, and the triplex greets you with a huge open living/dining room with chef's kitchen. The chef's kitchen has spectacular custom shaker cabinetry, an island, marble backsplash, Caesar stone counters, Wolf range, 36" Bosch fridge with French doors. Sliding glass doors off the kitchen lead to a large deck with stairs down to the bluestone backyard. The upper floors offer 4 bedrooms including a spectacular master suite with 15' ceilings and custom California closets. All the bathrooms have imported tiles and vanities, and spa like finishes. The entire owner's triplex is configured around an architecturally dramatic staircase which ascends to a skylight. The top floor has a dramatic pitched roof and a private roof terrace overlooking the rear yard. The rental unit has two bedrooms, two baths, a private patio, and will easily rent for $3500 per month - and pay off approximately $1 Million dollars of mortgage interest. In total this home has 4 floors plus a finished cellar for storage or potential rec room, offering over 3400 square feet of interior space plus approximately 1300 square feet of exterior space. This entire home has been entirely redone, with gorgeous new white oak floors, central AC and new mechanicals. Located on coveted Pacific Street, your new home is steps to wonderful shopping and dining on Vanderbilt Avenue, superb subway access (2,3,Q,B,C), across the street from the architecturally stunning Cathedral of St Joseph, and half a block to Pacific Park (Atlantic Yards) - the single most significant development in Brooklyn which will bring 8 acres of new park. This is a very special home and investment for the savvy buyer.
Images have been virtually staged for your viewing convenience.

Last Agent to Sell the Property

Alexander Maroni

Douglas Elliman Real Estate License #10301201619 Listed on: 09/08/2015

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 2,004

Home Design

  • Pre War Building

Interior Spaces

  • 3,400 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • Terrace
  • Garden

Community Details

  • 2 Units
  • Proshei Subdivision

Listing and Financial Details

  • Tax Block 1122

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

2,004 Sq Ft Lot

Listing Details

  • Cross Street: Underhill/Vanderbilt
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: PROSHEI
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Living Area: 3400.0
  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Integer: 4
  • Bedrooms: 5

Exterior Features

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

Building Info

  • Units: 2
  • Total Stories: 4
  • Year Built: 1920

Tax Info

  • Tax Block: 1122

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2015
Closed on
Nov 28, 2016
Sold by
Bk Prop 889 Llc
Bought by
Channing-Moor 3Rd Richard and Kraemer Jordan H
Seller's Agent
Alexander Maroni
Douglas Elliman Real Estate
List Price
$3,500,000
Sold Price
$2,749,000
Premium/Discount to List
-$751,000
-21.46%
Current Estimated Value
$3,344,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$595,667
Avg. Annual Appreciation
2.11%

Purchase Details

Closed on
Jan 17, 2014
Sold by
889 Pacific Street Llc
Bought by
Bk Prop 889 Llc

Purchase Details

Closed on
Oct 24, 2013
Sold by
Brambilla Christian and Brambilla Elizabeth
Bought by
889 Pacific Street Llc

Purchase Details

Closed on
Aug 21, 2013
Sold by
Brambilla Christian and Brambilla Elisabeth
Bought by
Cotugno Aurelie

Purchase Details

Closed on
Sep 22, 1997
Sold by
Harman Susan
Bought by
Cotugno Aurelie and Brambilla Christian
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
Channing-Moor 3Rd Richard $2,749,000 --
Bk Prop 889 Llc $975,000 --
889 Pacific Street Llc $900,000 --
Cotugno Aurelie -- --
Cotugno Aurelie $230,000 Fidelity National Title Ins
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2016 11/29/16 Sold $2,749,000 -21.5% $809 / Sq Ft
10/30/2016 10/30/16 Pending -- -- --
09/13/2015 09/13/15 For Sale $3,500,000 -- $1,029 / 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 $5,056 $192,180 $96,720 $95,460
2024 $5,056 $183,720 $96,720 $87,000
2023 $4,823 $202,140 $96,720 $105,420
2022 $4,473 $174,720 $96,720 $78,000
2021 $4,618 $135,840 $96,720 $39,120
2020 $2,249 $164,700 $96,720 $67,980
2019 $3,293 $154,980 $96,720 $58,260
2018 $4,298 $21,085 $13,711 $7,374
2017 $1,442 $7,072 $1,849 $5,223
2016 $1,337 $6,686 $2,361 $4,325
2015 $805 $6,318 $2,782 $3,536
2014 $805 $5,971 $2,393 $3,578
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10099036

Real Estate Board of New York (REBNY)

APN: 01122-0050

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