NOT LISTED FOR SALE

Estimated Value: $1,358,000 - $1,674,000

8 Beds
3.5 Baths
3,192 Sq Ft
$454/Sq Ft Est. Value

Last Sold September 03, 2019

Last sale price $1,200,000 $376 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $7,854/month

39 Days on Market

About This Home

As of September 2019

IN CONTRACT. Built in 1910, this 2 Family Brownstone is located in the cusp of Crown Heights in the Ocean Hill section of Brooklyn.

Exposed brick, high ceilings, soundproof windows, and hardwood floors are featured throughout this home. The building is extra wide, built 22 ft. x 55 ft., providing 3,192 sq. ft. of total living space.

The owner?s duplex provides 5 bedrooms and 2.5 bathrooms. With an open kitchen plan, and open ?loft-like? feel of the expansive living areas. The full basement built above grade has high ceilings, which allows for ample storage. The expansive back yard/ lot (24.33 x 161 ft.), which is also accessible through a community driveway, providing an option for private parking up to 4 cars.

The upstairs apartment, a 3 Bedroom and 1 bath, is very spacious, sun-drenched with two skylights, and an open kitchen with an island. Kitchen has stainless steel appliances including a double door refrigerator and washer/ dryer. Master bedroom could fit a king-sized bed. Closets in each bedroom. Master and medium-sized bedrooms are in the rear of the apartment. The bathroom includes ceramic floor tile and subway tile accenting on the wall.

The property has the opportunity ?as of right? to build an additional 3,813 sq. ft., with the available Floor Area Ratio. It may be possible to add to the building (either an additional floor or extension).

Walking distance to the Utica train station (3/4 trains). Just 2 stops to Atlantic Terminal (LIRR/2/D/N/R/B/Q) trains. 15 mins to downtown Brooklyn and 30 mins to Manhattan.

Last Agent to Sell the Property

Steve Sallion

Sothebys International Realty License #10301208698 Listed on: 05/18/2019

Sothebys International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 3,485

Home Design

  • Pre War Building

Interior Spaces

  • 3,192 Sq Ft Home
  • 3-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 8 Bedrooms

Additional Features

  • Lot Dimensions are 24.0 x 161.0
  • Window Unit Cooling System

Community Details

  • Crown Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 19 / 1477

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Cross Street: Pitkin Avenue/Ralph Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Crown Heights
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Equipment (Other): Intercom
  • Living Area: 3192.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 8

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Building Cooling, Window Unit(s)

Lot Info

  • Lot Size Dimensions: 24.0 x 161.0

Building Info

  • Total Stories: 3
  • Year Built: 1910

Tax Info

  • Tax Block: 1477
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2021
Sold by
Clapman Carol J and Clapman Yehudah
Bought by
1394 Eastern Pkwy Llc
Current Estimated Value
$1,448,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$642,000
Outstanding Balance
$590,313
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$858,298

Purchase Details

Listed on
May 18, 2019
Closed on
Sep 3, 2019
Sold by
Bowe Christopher and Graddy Lenise
Bought by
Clapman Carol J and Clapman Yehudah
Seller's Agent
Steve Sallion
Sothebys International Realty
List Price
$1,200,000
Sold Price
$1,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.02%
Original Mortgage
$350,000
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2013
Sold by
Eastern 526 Corp
Bought by
Bowe Christopher and Graddy Lenise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,962
Interest Rate
4.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 11, 2013
Sold by
Armstrong Teresa L
Bought by
Eastern 526 Corp

Purchase Details

Closed on
Jun 8, 2012
Sold by
Anderson-Armstrong Norma
Bought by
Armstrong Teresa L
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
1394 Eastern Pkwy Llc -- --
Clapman Carol J $1,200,000 --
Bowe Christopher $775,000 --
Eastern 526 Corp $150,000 --
Armstrong Teresa L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1394 Eastern Pkwy Llc $642,000
Previous Owner Clapman Carol J $350,000
Previous Owner Bowe Christopher $760,962
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2019 09/03/19 Sold $1,200,000 0.0% $376 / Sq Ft
06/29/2019 06/29/19 Pending -- -- --
05/20/2019 05/20/19 For Sale $1,200,000 -- $376 / 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 $2,900 $72,420 $27,720 $44,700
2024 $2,900 $66,360 $27,720 $38,640
2023 $2,772 $63,000 $27,720 $35,280
2022 $2,574 $69,060 $27,720 $41,340
2021 $2,714 $60,120 $27,720 $32,400
2020 $1,274 $56,580 $27,720 $28,860
2019 $2,224 $58,500 $27,720 $30,780
2018 $2,021 $11,373 $5,596 $5,777
2017 $1,891 $10,747 $4,265 $6,482
2016 $1,839 $10,747 $5,572 $5,175
2015 $173 $10,152 $5,807 $4,345
2014 $173 $10,026 $6,878 $3,148
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10560178

Real Estate Board of New York (REBNY)

APN: 01477-0019