$1,500,000
SOLD JUN 6, 2025
-- Bed
-- Bath
608 Sq Ft
2,000 Sq Ft Lot

Recently Sold

$2,467 Per Sq Ft

3% Above List Price

230 Days on Market

Highlights

  • Property is near public transit, schools, and shops
  • 2-minute walk to Franklin Avenue (A,C,S Line)
  • 4-minute walk to Crispus Attucks Playground
  • Park
  • Baseboard Heating

About This Home

As of June 2025

This rare find in the heart of Bedstuy, a stunning property in process of converting to a 3-unit brownstone offering incredible income-producing potential. The property is set up for a studio apartment, a spacious 3-bedroom apartment with an in-law suite, and a 1-bedroom apartment. Additionally, there's a basement with a separate entrance, providing even more flexibility for additional usable space. Most of the renovations have been completed, leaving only a few finishing touches needed to make it perfect. Buyer must confirm C/O. This investor special is a must-see for anyone looking to capitalize on this trendy neighborhood!

Last Agent to Sell the Property

Rasheedah Brown

LionGate Properties Inc Brokerage Phone: 516-884-9990 License #10301223917 Listed on: 10/14/2024

Last Buyer's Agent

Rasheedah Brown

LionGate Properties Inc Brokerage Phone: 516-884-9990 License #10301223917 Listed on: 10/14/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,660

Year Built

  • Built in 1899

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 16.67x120

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Split Level Home
  • Brick Exterior Construction

Interior Spaces

  • 608 Sq Ft Home
  • 3-Story Property
  • Walk-Out Basement

Location

  • Property is near public transit, schools, and shops

Schools

  • Madiba Prep Middle School
  • Research And Service High School

Utilities

  • Ductless Heating Or Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Shared Septic

Listing and Financial Details

  • Legal Lot and Block 37 / 2020
  • Assessor Parcel Number 02020-0037

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,660

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Triplex
  • Levels: Multi/Split, Three Or More
  • Year Built: 1899
  • Attribution Contact: 516-884-9990
  • CurrentPrice: 1500000.00
  • MlsMajorChangeType: Sold
  • CurrentPrice_By_LivingArea: 2467.10526
  • ListPrice_By_LivingArea: 2384.86842
  • ListPrice_By_OriginalListPrice: 0.96667
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Walk-Out Access
  • Living Area: 608
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking Description: On Street

Utilities

  • Cooling: Ductless
  • Heating: Natural Gas, Baseboard
  • Sewer: Shared
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Schools

  • Middle School: Madiba Prep Middle School

Lot Info

  • Lot Dimensions: 16.67x120
  • Lot Size Sq Ft: 2000
  • Lot Features: Near Public Transit, Near School, Near Shops
  • Parcel Number: 02020-0037
  • Property Attached: No
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 5660
  • Tax Block: 2020
  • Tax Lot: 37

MLS Schools

  • High School: Research And Service High School
  • Middle School District: Brooklyn 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2024
Closed on
May 29, 2025
Sold by
Archimedial Enterprises Llc
Bought by
200 Lefferts Project Llc
Seller's Agent
Rasheedah Brown
LionGate Properties Inc
Buyer's Agent
Rasheedah Brown
LionGate Properties Inc
List Price
$1,450,000
Sold Price
$1,500,000
Premium/Discount to List
$50,000
3.45%
Views
39
Current Estimated Value
$1,486,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,000
Avg. Annual Appreciation
-1.60%
Original Mortgage
$1,350,000
Outstanding Balance
$1,344,191
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$141,809

Purchase Details

Closed on
Jun 3, 2018
Sold by
Jones Basil L and Jones Lydia I
Bought by
Jones Bradley D

Purchase Details

Closed on
Aug 10, 2016
Sold by
Jones Bradley D
Bought by
Archimedial Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2016
Sold by
Jones Lydia I
Bought by
Jones Basil L and Jones Bradley D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $1,500,000 --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,350,000 Purchase Money Mortgage
Previous Owner $600,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2025 06/06/25 Sold $1,500,000 +3.4% $2,467 / Sq Ft
06/01/2025 06/01/25 Pending -- -- --
04/06/2025 04/06/25 Price Changed $1,450,000 0.0% $2,385 / Sq Ft
04/06/2025 04/06/25 For Sale $1,450,000 +3.6% $2,385 / Sq Ft
02/07/2025 02/07/25 Pending -- -- --
01/08/2025 01/08/25 Price Changed $1,400,000 -6.7% $2,303 / Sq Ft
10/14/2024 10/14/24 For Sale $1,500,000 -- $2,467 / Sq Ft
Source: OneKey® MLS

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 $7,553 $81,420 $16,620 $64,800
2024 $7,553 $95,760 $16,620 $79,140
2023 $5,660 $89,280 $17,340 $71,940
2022 $5,563 $97,800 $17,340 $80,460
2021 $5,821 $84,840 $17,340 $67,500
2019 $5,149 $80,760 $17,340 $63,420
2018 $4,858 $23,223 $4,372 $18,851
2016 $1,683 $23,048 $7,401 $15,647
2015 $882 $21,744 $10,464 $11,280
2014 $882 $20,514 $11,843 $8,671
Source: Public Records

Agents Affiliated with this Home

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Source: OneKey® MLS

MLS Number: L3584808

OneKey® MLS

APN: 02020-0037