NOT LISTED FOR SALE

Estimated Value: $1,174,000 - $2,463,766

4 Beds
3.5 Baths
2,520 Sq Ft
$725/Sq Ft Est. Value

Sale Details

Date Sold: September 20, 2024

Last sale price $2,410,000 $956 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $10,173 / mo

60 Days on Market

Highlights

  • No HOA
  • No Heating
  • 2-minute walk to Dekalb Avenue (L Line)

About This Home

As of September 2024

998 Hart Street is a beautifully renovated 20-foot wide 2-family townhouse, ideally located in the middle of a quiet, low traffic block, right in the heart of Bushwick’s creative district. The owners of this spectacular home meticulously melded its original historic details with high-end fixtures, finishes, and systems throughout. The house was rebuilt from top to bottom with state-of-the-art mechanicals, all brand new plumbing, electric, spray insulation, central air conditioning, wide plank white oak flooring, a built-in Sonos speaker system, video intercom, and a security camera system. 998 Hart Street comes with the ultimate Brooklyn luxury: two parking spots – one indoor and one outdoor. Coming home to 998 Hart Street, you’ll ascend a tall masonry stoop and enter through carefully restored double doors. The vestibule includes the historic vestiges of an early 20th century intercom system and original wood paneling. Arriving on the parlor floor, you’re greeted with soaring ceilings, and a jaw-dropping vista across an open plan living room, dining room, and kitchen. Tall windows at the front and back suffuse the entire floor with light all day long. A beautifully restored staircase, wide plank oak flooring, a convenient powder room, and an elegant fireplace mantle make this a place you’ll want to call home. The chef’s kitchen is expansive and expertly designed, with beautiful large marble countertops and luxurious appliances right where you want them, including a Bertazzoni six burner range and canopy hood, Bertazzoni paneled refrigerator, Signature Hardware faucet and pot filler, and a wine fridge. The kitchen leads out to a large steel deck perched over a quiet and peaceful backyard. This oasis from the bustle of Brooklyn is a perfect place to entertain and enjoy everyday life. Upstairs you’ll be pleasantly surprised to find tall windows and ceilings that soar over 10 feet high, a feature rarely seen on the top floors of Brooklyn townhouses. There are three bedrooms, two full bathrooms and a washer-drier here. The primary bedroom suite features three wonderfully grand double-hung windows and a beautifully equipped bathroom, with a spa-like walk-in shower and tub ensemble. On the garden level you’ll find a cheerful studio apartment with a door to the backyard and a wall of windows that frame a private patio and terraced garden. Here’s a great opportunity for a high-income rental, guest suite, home office, media center, art studio, play area and many other possibilities. The garage is enclosed with floor-to-ceiling glass, making this another sun-filled candidate for a wide array of uses. With an energy and character all its own, Bushwick has quickly succeeded the artistic hubs of Williamsburg and Greenpoint as one of Brooklyn’s most innovative and interesting neighborhoods. Exploring its mix of leafy townhouse blocks and wonderfully edgy post-industrial quarters, one discovers a treasure trove of superb restaurants, avant-guard galleries, hip boutiques, and experimental music venues. Playgrounds, a dog run, and lots of trees are two blocks away at the Maria Hernandez Park. Wyckoff Hospital is also just two blocks away. For a quick commute to Manhattan and the rest of Brooklyn, the L train is just around the corner – you won’t even have to cross the street – and the J/M/Z trains are also nearby. Move right into this beautifully designed sun-filled home and make it the backdrop for your next chapter in Brooklyn.

Last Agent to Sell the Property

Paul Murphy

Compass License #30MU1104939 Listed on: 05/29/2024

Compass

Co-Listed By

Paul Pinizzotto

Compass License #10301215353

Last Buyer's Agent

James Fierro

Compass License #10401243145

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,004

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 20.000000x100.000000

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,520 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association
  • 2 Units
  • Bushwick Subdivision

Listing and Financial Details

  • Legal Lot and Block 19 / 03238

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,004

Year Built

Built in 1925

Lot Details

0 Sq Ft Lot

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Bushwick
  • Entry Level: 1
  • Structure Type: Townhouse
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Fireplace: No
  • Living Area: 2520.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 4

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: See Remarks
  • Cooling: No
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 20.000000x100.000000

Building Info

  • New Construction: No
  • Units: 2
  • Total Stories: 3
  • Year Built: 1925

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 03238
  • Tax Lot: 19
  • Tax Annual: 5004.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2024
Closed on
Sep 20, 2024
Sold by
Tov Ash Llc and Tov M & L Llc
Bought by
Murray Paul
Seller's Agent
Paul Murphy
Compass
Buyer's Agent
James Fierro
Compass
List Price
$2,552,000
Sold Price
$2,410,000
Premium/Discount to List
-$142,000
-5.56%
Views
31
Current Estimated Value
$1,827,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$582,558
Avg. Annual Appreciation
-16.25%
Original Mortgage
$1,976,200
Outstanding Balance
$1,944,417
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$116,975

Purchase Details

Listed on
Mar 18, 2022
Closed on
Jun 14, 2022
Sold by
Chan Wei Jie
Bought by
Tov Hart Llc
Seller's Agent
Michael Deng
Eagle Realty Group New York
Buyer's Agent
Michael Deng
Eagle Realty Group New York
List Price
$998,000
Sold Price
$1,058,000
Premium/Discount to List
$60,000
6.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.72%

Purchase Details

Closed on
Dec 23, 2004
Sold by
Chan Kwun Fat and Dichan Ru Di
Bought by
Chan Wei Jie

Purchase Details

Closed on
Nov 11, 1998
Sold by
Chan Kwun Fat
Bought by
Chan Kwun Fat and Chan Ru Di
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Murray Paul $2,410,000 --
Tov Ash Llc -- --
Murray Paul $2,410,000 --
Tov Ash Llc -- --
Tov Hart Llc $1,058,000 --
Tov Hart Llc $1,058,000 --
Tov Hart Llc $1,058,000 --
Chan Wei Jie $50,000 --
Chan Wei Jie $50,000 --
Chan Kwun Fat $65,000 Commonwealth Land Title Ins
Chan Kwun Fat -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murray Paul $1,976,200
Closed Murray Paul $1,976,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/20/2024 09/20/24 Sold $2,410,000 -5.6% $956 / Sq Ft
07/29/2024 07/29/24 Pending -- -- --
05/29/2024 05/29/24 For Sale $2,552,000 +141.2% $1,013 / Sq Ft
06/14/2022 06/14/22 Sold $1,058,000 +6.0% $504 / Sq Ft View Prior Sale
03/25/2022 03/25/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $998,000 -- $475 / 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 $5,008 $80,460 $16,500 $63,960
2024 $5,008 $77,160 $16,500 $60,660
2023 $4,780 $76,680 $16,500 $60,180
2022 $4,434 $84,000 $16,500 $67,500
2021 $4,410 $70,860 $16,500 $54,360
2020 $2,192 $67,740 $16,500 $51,240
2019 $4,347 $64,740 $16,500 $48,240
2018 $3,999 $19,615 $5,625 $13,990
2017 $3,773 $18,511 $7,410 $11,101
2016 $3,491 $17,464 $6,102 $11,362
2015 $2,106 $17,464 $6,032 $11,432
2014 $2,106 $17,317 $6,512 $10,805
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10961871

Real Estate Board of New York (REBNY)

APN: 03238-0019

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