NOT LISTED FOR SALE

Estimated Value: $1,619,000 - $2,481,602

4 Beds
3.5 Baths
3,041 Sq Ft
$672/Sq Ft Est. Value

Last Sold February 02, 2022

Last sale price $1,995,000 $656 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $11,862/month

101 Days on Market

About This Home

As of February 2022

Historic Charm Meets Modern Luxury with this Landmarked Crown Heights Brownstone

Welcome to 1109 Park Place, a gut-renovated landmarked brownstone nestled in the heart of the Crown Heights Historic District. Situated on a massive 150 ft. lot and boasting an array of clean, modern fixtures and finishes, this 20 x 50 ft. two-family home is ideal for homeowners seeking a balance of space and value, charm and functionality.

Beneath a beautiful Italianate facade, the home has a pair of duplexes and a lush backyard. The lower 1-bedroom, 1-bathroom duplex is perfect for use as a rental unit, while the upper duplex is a luxurious owner's sanctuary with 3 bedrooms, 2.5 bathrooms, a home office, and stunning natural light.

Exceptional craftsmanship suffuses the entire house, with every detail carefully updated and modernized. Wide plank white oak floors, new sash windows, and upgraded electrical and plumbing ensure a convenient turn-key experience. Gorgeous bay windows and whitewashed exposed brick walls add texture and historical appeal.

Kitchens are sleek and spacious with custom white cabinets, eat-in peninsulas, pristine white countertops, and high-end stainless steel appliances. Bathrooms are adorned with chic tiles, contemporary fixtures, and new vanities, toilets, and tubs. Additional home features include washers/dryers, a finished cellar, large closets, and a large backyard perfect for al fresco dining, sun lounging, and gardening.

1109 Park Place is just down the street from the lush Brower Park. It is moments from the main pedestrian strips of Nostrand and Atlantic Avenues, and it is surrounded by numerous restaurants, cafes, and shops. The Brooklyn Children's Museum is a few blocks away, and nearby public transportation options include the LIRR and the C and 3 subway lines.

Last Agent to Sell the Property

Sara Golan

Serhant License #10301215946 Listed on: 03/29/2021

Serhant

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,063

Year Built

  • Built in 1901

Lot Details

  • Lot Dimensions are 20.0 x 150.0

Home Design

  • Pre War Building

Interior Spaces

  • 3,041 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms

Community Details

  • Crown Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 77 / 1237

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,063

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Cross Street: Kingston Avenue/Hampton Place
  • 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

  • Living Area: 3041.0
  • Living Area Units: Square Feet
  • Rooms (Total): 8

Beds/Baths

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

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 20.0 x 150.0

Building Info

  • Total Stories: 3
  • Year Built: 1901

Tax Info

  • Tax Block: 1237
  • Tax Lot: 77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2024
Sold by
Frazier Jermey M and Frazier Sara
Bought by
Frazier Jermey M Tee and Frazier Sara T'Ee
Total Days on Market
101
Current Estimated Value
$2,042,401

Purchase Details

Listed on
Mar 29, 2021
Closed on
Feb 2, 2022
Sold by
Lot Capital Llc
Bought by
Frazier Jermey and Frazier Sara
Seller's Agent
Sara Golan
Serhant
List Price
$1,995,000
Sold Price
$1,995,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.66%
Original Mortgage
$1,245,000
Outstanding Balance
$1,160,602
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$881,799

Purchase Details

Closed on
Jun 29, 2018
Sold by
Scott Bernard and Scott Zela
Bought by
Lot Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2005
Sold by
Cole Ronald A
Bought by
Scott Bernard and Scott Zela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.79%

Purchase Details

Closed on
Jan 9, 1998
Sold by
Cole Arnold
Bought by
Cole Ronald A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,862
Interest Rate
11.5%
Source: Public Records

Range of Values:

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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
Frazier Jermey M Tee -- --
Frazier Jermey $1,995,000 --
Frazier Jermey $1,995,000 --
Lot Capital Llc $330,000 --
Lot Capital Llc $330,000 --
Scott Bernard $600,000 --
Zela Scott Bernard $600,000 --
Cole Ronald A -- --
Cole Ronald A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frazier Jermey $1,245,000
Closed Frazier Jermey $1,245,000
Previous Owner Lot Capital Llc $90,000
Previous Owner Lot Capital Llc $350,000
Previous Owner Lot Capital Llc $750,000
Previous Owner Zela Scott Bernard $120,000
Previous Owner Zela Scott Bernard $480,000
Previous Owner Cole Ronald A $184,000
Previous Owner Cole Ronald A $154,000
Previous Owner Cole Ronald A $102,862
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2022 02/02/22 Sold $1,995,000 0.0% $656 / Sq Ft
03/30/2021 03/30/21 For Sale $1,995,000 -- $656 / 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 $9,063 $132,600 $28,200 $104,400
2024 $9,063 $119,940 $28,200 $91,740
2023 $9,164 $109,500 $28,200 $81,300
2022 $8,775 $89,640 $28,200 $61,440
2021 $5,697 $80,220 $28,200 $52,020
2020 $5,551 $81,180 $28,200 $52,980
2019 $5,205 $76,380 $28,200 $48,180
2018 $5,072 $24,883 $6,859 $18,024
2017 $4,874 $23,911 $7,788 $16,123
2016 $4,510 $22,560 $9,919 $12,641
2015 $2,721 $21,979 $10,810 $11,169
2014 $2,721 $20,736 $12,242 $8,494
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10756305

Real Estate Board of New York (REBNY)

APN: 01237-0077