NOT LISTED FOR SALE

Estimated Value: $1,816,000 - $2,388,928

6 Beds
3 Baths
3,268 Sq Ft
$614/Sq Ft Est. Value

Last Sold March 22, 2021

Last sale price $1,590,000 $487 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $10,966/month

233 Days on Market

About This Home

As of March 2021

Welcome to your new home at 893 Lincoln Place! Built in 1905 and located within North II Historic District in Crown Heights, this three story, two family, barrel-fronted Limestone house measures 19.8-foot wide x 45-foot deep + extension (lot size 19.8 x 102) and features original pre-war details. It is located on a lovely tree-lined street. This home has an ideal layout to live in or for an investor - the owners duplex consists of 3.5 bedrooms, 2 bathrooms and a garden while the top floor is made up with an additional 3 bedrooms which will provide a fantastic rental income of approximately $2900/month. This house is close to many restaurants, bars, cafes and shops that Crown Heights and Prospect Heights has to offer. You are also a very short distance away from the Brooklyn Museum, Botanical Garden, Prospect Park & Farmers Market. Transportation is a breeze with the 3 train just a mere two blocks away at Nostrand Ave. (0.19 miles), 2 and 5 train President St. (0.28 miles)

Last Agent to Sell the Property

Fumiko Akiyama

Corcoran Group License #10401277229 Listed on: 09/04/2020

Corcoran Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 2,004

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • 3-Story Property
  • Lot Dimensions are 102.0 x 19.0

Community Details

  • 2 Units
  • Crown Heights Subdivision

Listing and Financial Details

  • Tax Block 1256

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

2,004 Sq Ft Lot

Listing Details

  • Cross Street: New York Avenue & Brooklyn Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Crown Heights
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 6

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 102.0 x 19.0

Building Info

  • Units: 2
  • Total Stories: 3
  • Year Built: 1905

Tax Info

  • Tax Block: 1256

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Mar 22, 2021
Sold by
Anne Rae Executrix and Estate Of Rosaline Lawrence
Bought by
Labotz Reed and Stuhlbarg Maya
Seller's Agent
Fumiko Akiyama
Corcoran Group
List Price
$1,590,000
Sold Price
$1,590,000
Current Estimated Value
$2,007,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,482
Avg. Annual Appreciation
4.78%
Original Mortgage
$1,168,000
Outstanding Balance
$1,042,810
Interest Rate
2.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$964,672

Purchase Details

Closed on
Apr 7, 2004
Sold by
Lawrence Rosalind
Bought by
Lawrence Rosaline
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
Labotz Reed $1,590,000 --
Labotz Reed $1,590,000 --
Labotz Reed $1,590,000 --
Lawrence Rosaline -- --
Lawrence Rosaline -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Labotz Reed $1,168,000
Closed Labotz Reed $1,168,000
Closed Lawrence Rosaline $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2021 03/22/21 Sold $1,590,000 0.0% $487 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
02/08/2020 02/08/20 For Sale $1,590,000 -- $487 / 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 $6,237 $113,640 $21,600 $92,040
2024 $6,237 $123,240 $21,600 $101,640
2023 $4,434 $108,900 $21,600 $87,300
2022 $6,152 $97,320 $21,600 $75,720
2021 $4,683 $106,740 $21,600 $85,140
2020 $2,869 $113,040 $21,600 $91,440
2019 $5,413 $102,540 $21,600 $80,940
2018 $5,275 $25,878 $4,770 $21,108
2017 $5,235 $25,679 $6,863 $18,816
2016 $4,843 $24,226 $8,739 $15,487
2015 $2,702 $22,856 $12,371 $10,485
2014 $2,702 $21,565 $14,003 $7,562
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10664066

Real Estate Board of New York (REBNY)

APN: 01256-0065

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