NOT LISTED FOR SALE

Estimated Value: $1,460,000 - $2,045,000

3 Beds
3 Baths
2,000 Sq Ft
$844/Sq Ft Est. Value

Last Sold March 03, 2022

Last sale price $1,495,000 $748 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $9,349/month

146 Days on Market

Highlights

  • Pre War Building
  • 5-minute walk to Gates Avenue
  • Laundry Facilities
  • Central Air

About This Home

As of March 2022

Welcome to 814 Quincy Street, a bright and fully renovated three family townhouse located on a tree-lined block in Bedford Stuyvesant.

The home has been recently renovated from top to bottom and features three thoughtfully laid out 1 bedroom apartments. Each apartment has beautiful hardwood floors, chef's kitchens, separate gas boilers, and central air and heat.

All three kitchens are complete with a 5 piece Kitchen Aid appliance package and are complimented with custom cabinetry, vented hoods, and high quality hardware. Each unit also boasts renovated bathrooms with frameless glass shower stalls and rain shower heads. The parlor and garden level apartments have access to the nicely manicured backyard, and the parlor level also features a private deck.

The house is currently fully occupied with three great tenants on leases (email me for lease details). At an asking price of $1,495,000, the house will give you a fantastic CAP RATE of 5.5%, making it perfect for investors. The space can also work well for end users who are looking for a primary residence and mortgage that can be offset by solid rental income. The top two floors can easily be combined to make a really special owner's duplex! Last but not least, there is a central laundry room, plenty of storage in the basement, and close proximity to many restaurants, shops and the J/M subway lines.

Last Agent to Sell the Property

Mark Lee

Serhant License #10401321438 Listed on: 10/07/2021

Serhant

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1899

Lot Details

  • 1,437

Home Design

  • Pre War Building

Interior Spaces

  • 2,000 Sq Ft Home
  • 3-Story Property
  • Decorative Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Lot Dimensions are 16.0 x 90.0
  • Central Air

Community Details

  • Stuyvesant Heights Subdivision
  • Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 6 / 1633

Property Details

Home Type

Multi-Family

Year Built

Built in 1899

Lot Details

1,437 Sq Ft Lot

Listing Details

  • Cross Street: Patchen Avenue/Ralph Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Stuyvesant Heights
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Living Area: 2000.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 3

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area
  • Cooling: Building Cooling, Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Dimensions: 16.0 x 90.0

Building Info

  • Total Stories: 3
  • Year Built: 1899

Tax Info

  • Tax Block: 1633
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Mar 3, 2022
Sold by
814 Quincy Llc
Bought by
Sarrazin Damien
Seller's Agent
Mark Lee
Serhant
List Price
$1,495,000
Sold Price
$1,495,000
Current Estimated Value
$1,688,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,216
Avg. Annual Appreciation
3.05%
Original Mortgage
$900,000
Outstanding Balance
$839,360
Interest Rate
3.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$848,856

Purchase Details

Closed on
Oct 31, 2017
Sold by
Sewitz Gregory Lance
Bought by
814 Quincy St Llc

Purchase Details

Closed on
Nov 7, 2016
Sold by
Classon Avenue 1148 Corp
Bought by
Sewitz Gregory Lance and Sewitz Jonathan Taylor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$864,375
Interest Rate
3.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2014
Sold by
Atwater Gregory
Bought by
Classon Avenue 1148 Corp

Purchase Details

Closed on
May 21, 2002
Sold by
Hicks Delores
Bought by
Atwater Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
6.79%
Source: Public Records
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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
Sarrazin Damien $1,495,000 --
814 Quincy St Llc -- --
Sewitz Gregory Lance $1,152,500 --
Classon Avenue 1148 Corp $334,077 --
Atwater Gregory -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sarrazin Damien $900,000
Previous Owner Sewitz Gregory Lance $864,375
Previous Owner Atwater Gregory $171,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2022 03/03/22 Sold $1,495,000 0.0% $748 / Sq Ft
10/07/2021 10/07/21 For Sale $1,495,000 -- $748 / 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 $5,630 $101,340 $17,460 $83,880
2024 $5,630 $97,020 $17,460 $79,560
2023 $5,693 $102,060 $17,460 $84,600
2022 $5,447 $84,000 $17,460 $66,540
2021 $5,417 $74,100 $17,460 $56,640
2020 $2,541 $69,480 $17,460 $52,020
2019 $4,887 $55,260 $17,460 $37,800
2018 $4,887 $23,361 $7,690 $15,671
2016 $4,466 $22,338 $8,344 $13,994
2015 $1,777 $13,906 $7,767 $6,139
2014 $1,777 $13,136 $8,808 $4,328
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10829970

Real Estate Board of New York (REBNY)

APN: 01633-0006

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