NOT LISTED FOR SALE

985 Metropolitan Ave Brooklyn, NY 11211

East Williamsburg Neighborhood

Estimated Value: $2,586,325

10 Beds
7 Baths
4,550 Sq Ft
$568/Sq Ft Est. Value

Sale Details

Date Sold: December 27, 2022

Last sale price $2,200,000 $484 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $14,834 / mo

77 Days on Market

Highlights

  • Pre War Building
  • Intercom
  • 4-minute walk to Cooper Park
  • P.S. 132 The Conselyea School Rated A-

About This Home

As of December 2022

Welcome to 985 Metropolitan, a coveted FREE MARKET 5 unit building with massive extension on the first floor. 985 Metropolitan Ave is to be sold with 979 Metropolitan Ave ($2.5M each). These properties are RIPE for new development and transformation. Leave the layouts as they are or completely convert everything from top to bottom. Lots of duplex options, deep lots and MAJOR upside. This package along with its sister building 257 Powers Street can be sold separately or together -- Total of 20 Units. Powers is 3 buildings and Metropolitan is 2. The buildings have AMAZING upside and locations. Prime Prime Prime. Slam dunk Portfolio potential in Williamsburg and HEAVILY FREE MARKET. Email for Set Ups on all 3 buildings.

Last Agent to Sell the Property

Sarah Sawyer

Compass License #10301214928 Listed on: 05/12/2022

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 25.0 x 100.0

Home Design

  • Pre War Building

Interior Spaces

  • 4,550 Sq Ft Home
  • 3-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 7 Full Bathrooms

Community Details

  • East Williamsburg Subdivision

Listing and Financial Details

  • Legal Lot and Block 51 / 2913

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Morgan Avenue/Catherine Street
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: East Williamsburg
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Equipment (Other): Intercom
  • Living Area: 4550.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 7
  • Bathrooms Integer: 7
  • Bedrooms: 10

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 25.0 x 100.0

Building Info

  • Total Stories: 3
  • Year Built: 1920

Tax Info

  • Tax Block: 2913
  • Tax Lot: 51

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Dec 14, 2022
Sold by
Bought by
Seller's Agent
Sarah Sawyer
Compass
List Price
$2,350,000
Sold Price
$2,200,000
Premium/Discount to List
-$150,000
-6.38%
Views
6
Current Estimated Value
$2,586,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,325
Avg. Annual Appreciation
4.62%

Purchase Details

Closed on
Dec 8, 1999
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,200,000 --
$205,000 Custom Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,600,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/27/2022 12/27/22 Sold $2,200,000 0.0% $484 / Sq Ft
12/27/2022 12/27/22 Price Changed $2,200,000 -6.4% $484 / Sq Ft
12/21/2022 12/21/22 For Sale $2,350,000 +6.8% $516 / Sq Ft
12/20/2022 12/20/22 Off Market $2,200,000 -- --
12/09/2022 12/09/22 For Sale $2,350,000 +6.8% $516 / Sq Ft
12/09/2022 12/09/22 Off Market $2,200,000 -- --
12/02/2022 12/02/22 For Sale $2,350,000 +6.8% $516 / Sq Ft
12/01/2022 12/01/22 Off Market $2,200,000 -- --
11/30/2022 11/30/22 For Sale $2,350,000 +6.8% $516 / Sq Ft
11/29/2022 11/29/22 Off Market $2,200,000 -- --
11/23/2022 11/23/22 Price Changed $2,350,000 +6.8% $516 / Sq Ft
11/16/2022 11/16/22 Price Changed $2,200,000 0.0% $484 / Sq Ft
11/16/2022 11/16/22 For Sale $2,200,000 -8.1% $484 / Sq Ft
07/29/2022 07/29/22 Pending -- -- --
06/21/2022 06/21/22 Price Changed $2,395,000 -4.2% $526 / Sq Ft
05/12/2022 05/12/22 For Sale $2,500,000 -- $549 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $8,908 $457,650 $119,250 $338,400
2025 $8,249 $510,750 $119,250 $391,500
2024 $8,249 $638,550 $119,250 $519,300
2023 $7,502 $575,550 $119,250 $456,300
2022 $5,612 $479,700 $119,250 $360,450
2021 $7,149 $548,100 $119,250 $428,850
2019 $6,351 $607,500 $119,250 $488,250
2018 $5,983 $47,041 $11,081 $35,960
2017 $5,983 $47,041 $12,878 $34,163
2016 $5,870 $45,536 $13,604 $31,932
2015 $3,646 $42,165 $14,307 $27,858
2014 $3,646 $39,045 $15,105 $23,940
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Sarah Sawyer

    Compass

    (212) 913-9058

    1 in this area

    14 Total Sales

    Sarah Sawyer
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10823552

Real Estate Board of New York (REBNY)

APN: 02913-0051

New York Kings County Brooklyn 11211 East Williamsburg

985 Metropolitan Ave, Brooklyn, NY

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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

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