NOT LISTED FOR SALE

Estimated Value: $1,868,000 - $2,157,447

4 Beds
2.5 Baths
2,722 Sq Ft
$737/Sq Ft Est. Value

Sale Details

Date Sold: August 5, 2021

Last sale price $1,615,000 $593 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $11,120 / mo

15 Days on Market

Highlights

  • Pre War Building
  • 2-minute walk to Franklin Avenue (2,3,4,5 Line)
  • Community Garden
  • Ebbets Field Middle School Rated 9+
  • Terrace
  • 2-minute walk to Dr. Ronald McNair Park

About This Home

As of August 2021

Don't miss this incredible opportunity to truly feel at-home on a charming & quiet block, just moments from Prospect Park, the Brooklyn Museum, and multiple train lines! 1015 Union Street is a two-family house. It features large windows facing both north and south with spacious rooms, two outdoor spaces and a private attached garage. The owner's unit is a three bedroom, one-and-a-half-bathroom residence situated on the top two floors. The garden level unit is currently being used as an income-producing one bedroom, one bathroom apartment. The unit can be delivered vacant or with the income-producing tenant.

After entering the owner's unit, one passes through the vestibule and enters a charming foyer that is perfect for welcoming guests. The living room and separate dining area boast an excellent space for large or intimate gatherings with family and friends. This floor boasts great natural light with multiple, oversized windows in the front and rear of the building. The kitchen is a remarkable centerpiece of the property. It is recently renovated and includes large windows, updated stainless steel appliances, vast marble countertop space, significant storage in the wooden cabinetry, and additional counterspace at an eat-in 'breakfast' bar. Additionally, there is a large, covered patio that is accessible from the main floor. It is perfect for entertaining and plant lovers.

A half-bathroom is located off the first landing up the delightful staircase. The living quarters are situated on the top level. Each bedroom receives wonderful light throughout the day and the large spaces are incredibly flexible to make-your-own. The windowed bathroom was recently renovated and features a newly tiled floor and shower, a spacious linen closet and a washer/dryer.

The garden level apartment features a sun-drenched living room, eat-in kitchen, ample closet space and access to the backyard. The current tenants are on a flexible, month-to-month lease.

The unfinished basement is accessible from both the primary residence and the apartment unit. This space can be utilized to increase the living space for either unit. Bring your architect and/or contractor. This space has amazing potential for a recreational room, home gym, or office space.

Additionally, this townhouse is complete with a private, single car garage that includes additional space for storage.

Neighborhood:
1015 Union Street is located on a quaint block on the border of Crown Heights and Prospect Heights. The neighborhood offers the very best of the Brooklyn lifestyle. The home is moments from cultural highlights including: the Brooklyn Museum, Brooklyn Botanical Gardens, the Brooklyn Public Library (Central Library), the Brooklyn Children's Museum, and the Bedford Armory. Enjoy leisure activities in Prospect Park which is mere minutes from your front door. Delicious and vibrant restaurants and bars (such as: Cent Anni, Franklin Park, Barbonchino, Bagel Pub, Chavellas, Chuko, Olmsted, and many more) line nearby Franklin Ave, Vanderbilt Ave, Washington Ave and Flatbush Ave. The location allows quick, walking access to the following adjacent neighborhoods: Prospect Heights, Park Slope and Prospect Lefferts Gardens. Further, the 2/3/4/5 subway lines are just a few blocks away and a CitiBike station is located close by.

Last Agent to Sell the Property

Nicholas Daddario

William Raveis New York City LLC License #10301218516 Listed on: 04/27/2021

William Raveis New York City LLC

Co-Listed By

Matthew Lerner

Compass License #10401345009

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • Lot Dimensions are 30.0 x 45.0

Parking

  • Garage

Home Design

  • Pre War Building

Interior Spaces

  • 2,722 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Patio
  • Terrace

Listing and Financial Details

  • Legal Lot and Block 67 / 1185

Community Details

Overview

  • Crown Heights Subdivision

Amenities

  • Community Garden
  • Building Patio
  • Building Terrace

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

1,307 Sq Ft Lot

Listing Details

  • Cross Street: Classon Avenue/Franklin 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: 2

Interior Features

  • Living Area: 2722.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 2
  • Bedrooms: 4

Exterior Features

  • Exterior Features: Building Garden
  • Patio/Porch Features: Building Patio, Building Terrace, Patio, Terrace

Garage/Parking

  • Garage: Yes

Lot Info

  • Lot Size Dimensions: 30.0 x 45.0

Building Info

  • Total Stories: 2
  • Year Built: 1945

Tax Info

  • Tax Block: 1185
  • Tax Lot: 67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2021
Closed on
Aug 5, 2021
Sold by
Milas Megan and Milas Spyridon
Bought by
Eleftherakis Alexander and Phillips Julia
Seller's Agent
Nicholas Daddario
William Raveis New York City LLC
List Price
$1,615,000
Sold Price
$1,615,000
Current Estimated Value
$2,006,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,862
Avg. Annual Appreciation
4.68%
Original Mortgage
$1,211,250
Outstanding Balance
$1,084,621
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$922,241

Purchase Details

Closed on
Sep 17, 2014
Sold by
Monsanto Dolores B and Monsanto Louie I
Bought by
Milas Spyridon and Vesce Megan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
4.11%
Mortgage Type
Commercial
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
Eleftherakis Alexander $1,615,000 --
Milas Spyridon $999,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eleftherakis Alexander $1,211,250
Previous Owner Milas Spyridon $740,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2021 08/05/21 Sold $1,615,000 0.0% $593 / Sq Ft
05/14/2021 05/14/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $1,615,000 -- $593 / 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
2026 $5,757 $156,600 $22,260 $134,340
2025 $5,563 $139,800 $22,260 $117,540
2024 $5,563 $120,840 $22,260 $98,580
2023 $5,312 $136,320 $22,260 $114,060
2022 $3,785 $115,320 $22,260 $93,060
2021 $5,195 $105,660 $22,260 $83,400
2020 $2,499 $128,100 $22,260 $105,840
2019 $4,828 $124,080 $22,260 $101,820
2018 $4,443 $21,795 $4,568 $17,227
2017 $4,294 $21,067 $5,794 $15,273
2016 $4,112 $20,571 $7,482 $13,089
2015 $1,958 $19,905 $7,737 $12,168
2014 $1,958 $19,233 $8,394 $10,839
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10714294

Real Estate Board of New York (REBNY)

APN: 01185-0067

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