NOT LISTED FOR SALE

Estimated Value: $1,266,000 - $1,693,000

-- Bed
-- Bath
3,300 Sq Ft
$428/Sq Ft Est. Value

Last Sold September 23, 2015

Last sale price $930,000 $282 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $7,834/month

176 Days on Market

About This Home

As of September 2015

A very affordable newly renovated two family townhouse in Stuy Heights. Avoid paying mansion tax when you can purchase a renovated 2 family townhouse under a million, in hip Bed Stuy. Conveniently located close to the J train that takes you to Manhattan in 20 minutes. Close to all the amenities on Broadway and the wonderful cafes in Bed Stuy. Elegant finishes such as marble counter tops, sky lights, air conditioning. Great rental potential with separate meters. Both a fantastic investment and a lovely place to call home. Not to be missed.

Last Agent to Sell the Property

Alexander Maroni

Douglas Elliman Real Estate License #10301201619 Listed on: 11/15/2014

Douglas Elliman Real Estate

Co-Listed By

Andrea Ryder

Corcoran Group License #10401267395

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,331

Year Built

  • Built in 1899

Lot Details

  • 1,612

Interior Spaces

  • 3,300 Sq Ft Home
  • 2-Story Property

Community Details

  • 2 Units
  • Bed Stuy Subdivision

Listing and Financial Details

  • Tax Block 1622

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,331

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Cross Street: Greene Avenue/Lexington Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: BED-STUY
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Living Area: 3300.0
  • Living Area Units: Square Feet

Building Info

  • Units: 2
  • Total Stories: 2
  • Year Built: 1899

Tax Info

  • Tax Block: 1622

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2014
Closed on
Sep 22, 2015
Sold by
480 East 94Th Corp
Bought by
Qijun Feng Sharon and Sheng Feng Hong
Seller's Agent
Alexander Maroni
Douglas Elliman Real Estate
List Price
$995,000
Sold Price
$930,000
Premium/Discount to List
-$65,000
-6.53%
Current Estimated Value
$1,412,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$482,927
Avg. Annual Appreciation
4.28%
Original Mortgage
$697,500
Outstanding Balance
$551,581
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$861,346

Purchase Details

Closed on
Mar 10, 2014
Sold by
Local 101 Llc
Bought by
480 East 94Th Corp

Purchase Details

Closed on
Feb 7, 2014
Sold by
Berry Carmen
Bought by
Local 101 Llc

Purchase Details

Closed on
Oct 17, 2007
Sold by
1236 Rogers Avenue Llc
Bought by
Berry Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$589,500
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 24, 2004
Sold by
New Homes Express Inc
Bought by
Nehorai Shantal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
5.63%

Purchase Details

Closed on
Dec 28, 2001
Sold by
Ziering William
Bought by
Freeman Vernon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,050
Interest Rate
7.15%

Purchase Details

Closed on
Jun 22, 2001
Sold by
Myl Homes Sales Inc
Bought by
Ziering William

Purchase Details

Closed on
May 11, 2001
Sold by
Cunningen Joyce Heir
Bought by
Myl Home Sales Inc
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
Qijun Feng Sharon $930,000 --
480 East 94Th Corp $200,000 --
480 East 94Th Corp $200,000 --
Local 101 Llc $170,000 --
Local 101 Llc $170,000 --
Berry Carmen $655,000 --
1236 Rogers Avenue Llc $487,000 --
Berry Carmen $655,000 --
1236 Rogers Avenue Llc $487,000 --
Nehorai Shantal $470,000 --
Nehorai Shantal $470,000 --
Freeman Vernon -- --
Freeman Vernon -- --
Ziering William -- --
Ziering William -- --
Myl Home Sales Inc -- --
Myl Home Sales Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feng Hong Sheng $6,622
Open Qijun Feng Sharon $697,500
Previous Owner 480 East 94Th Corp $149,000
Previous Owner 480 East 94Th Corp $350,000
Previous Owner Berry Carmen $589,500
Previous Owner Nehorai Shantal $94,000
Previous Owner Nehorai Shantal $376,000
Previous Owner Freeman Vernon $246,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2015 09/23/15 Sold $930,000 -6.5% $282 / Sq Ft
08/24/2015 08/24/15 Pending -- -- --
02/28/2015 02/28/15 For Sale $995,000 -- $302 / 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 $2,331 $88,020 $19,740 $68,280
2024 $2,331 $83,400 $19,740 $63,660
2023 $2,270 $94,680 $19,740 $74,940
2022 $2,145 $84,600 $19,740 $64,860
2021 $2,262 $88,980 $19,740 $69,240
2020 $1,071 $83,580 $19,740 $63,840
2019 $2,023 $84,180 $19,740 $64,440
2018 $1,898 $9,313 $2,998 $6,315
2017 $1,826 $8,956 $3,056 $5,900
2016 $1,790 $8,956 $4,104 $4,852
2015 $1,019 $8,533 $4,015 $4,518
2014 $1,019 $8,060 $4,002 $4,058
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10060965

Real Estate Board of New York (REBNY)

APN: 01622-0004