NOT LISTED FOR SALE

Estimated Value: $3,705,000 - $4,159,000

5 Beds
4 Baths
4,083 Sq Ft
$977/Sq Ft Est. Value

Last Sold July 06, 2016

Last sale price $3,750,000 $918 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $22,663/month

95 Days on Market

Highlights

  • Pre War Building
  • Terrace
  • Patio
  • P.S. 29 John M. Harrigan Rated A
  • Building Patio
  • 4-minute walk to Boerum Playground

About This Home

As of July 2016

Grand 23-foot wide Federal Townhouse in Cobble Hill

Architect: Stephen Wanta

Two-Unit

25 x 100 Lot

Zoned for PS29

Currently configured as a two-unit home, the spacious layout affords the owner a triplex with four bedrooms and two and one-half bathrooms above a charming garden-level apartment featuring one bedroom and one bathroom. While preserving and restoring original 19th century details such as working fireplaces, plaster crown moldings, tin ceilings, and pumpkin pine wide-plank wood flooring, the home was recently redesigned to include modern amenities by architect, Stephen Wanta. The renovation replaced all windows and roofing and incorporated radiant heat, central air, handmade Moroccan tiling and reclaimed French sandstone tiling in the kitchen, soaking tubs, and floor-to-ceiling windows on the master floor. Custom made wrought iron window boxes contribute an elegant and safe feature.

From entering the triplex through the mahogany doorway, the large front parlor has a wood-burning fireplace, with original pocket doors separating the dining room with built-in book shelves and a banquet. Two openings on the south wall of the dining room let light in through the floor-to-ceiling glass wall in the sitting room, which is adjacent to the renovated kitchen. The kitchen, sitting room and dining room all have gas fireplaces. There is also a half bath and ample storage on the entry floor of the triplex. Upstairs you will find three well-proportioned bedrooms and a gorgeous, light-filled bathroom with shower, deep-soaking tub and custom cabinetry. The full size washer and dryer are also housed in this full bath. The top floor of the house is the master suite with floor to ceiling glass doors leading to a private roof terrace, large his and hers, his and his, or hers and hers closets, a full bath with another shower & stand-alone tub and two sinks. There is also a gas stove in the master as well as a window facing east as the house is semidetached with a horses walk on the east side.

The garden-level apartment features a renovated kitchen with dishwasher, French doors leading into the living room and three decorative mantles. There is an in-unit washer and dryer and ample storage. The rear garden, with its southern exposure and collection of mature roses and perennials, has been featured on different tours. It also has a small playhouse.



16 Butler is ideally located between Smith & Court Street, where you have cobble hill movie theater around the corner, Union Market, Prana Yoga and numerous restaurants and shops within half a block. PS29 is 3 blocks away and Brooklyn Heights Montessori is only 4 blocks away. The closest subway is the Bergen F & G at Warren Street.

Last Agent to Sell the Property

Terry Naini

Brown Harris Stevens Residential Sales LLC License #30NA1012651 Listed on: 03/02/2016

Brown Harris Stevens Residential Sales LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,671

Lot Details

  • Garden

Home Design

  • Pre War Building

Interior Spaces

  • 4,083 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Terrace

Listing and Financial Details

  • Tax Block 408

Community Details

Overview

  • 2 Units
  • Cobble Hill Subdivision

Amenities

  • Building Patio
  • Building Terrace

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,671

Lot Details

0

Listing Details

  • Cross Street: Court St and Smith St
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Cobble Hill
  • Architectural Style: Prewar
  • Entry Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 4083.0
  • Living Area Units: Square Feet
  • Rooms (Total): 11

Beds/Baths

  • Bathrooms Integer: 4
  • Bedrooms: 5

Exterior Features

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

Utilities

  • Cooling: Building Cooling

Building Info

  • Units: 2
  • Total Stories: 4

Tax Info

  • Tax Block: 408

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2016
Closed on
Jul 6, 2016
Sold by
Lee Jocelyn D
Bought by
Hykal Deirdre Norton and Hykal George Eli
Seller's Agent
Terry Naini
Brown Harris Stevens Residential Sales LLC
List Price
$3,750,000
Sold Price
$3,750,000
Current Estimated Value
$3,988,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,577
Avg. Annual Appreciation
0.68%
Original Mortgage
$2,632,959
Outstanding Balance
$2,114,521
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,874,056

Purchase Details

Closed on
Dec 23, 2003
Sold by
Honey Paul
Bought by
Lee Jocelyn 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
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2001
Sold by
Bajusz John S
Bought by
Honey Paul and Lamb Deborah

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
7.09%
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
Hykal Deirdre Norton $3,750,000 --
Lee Jocelyn D $1,300,000 --
Honey Paul -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hykal Deirdre Norton $2,632,959
Previous Owner Lee Jocelyn D $600,000
Previous Owner Honey Paul $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2016 07/06/16 Sold $3,750,000 0.0% $918 / Sq Ft
06/06/2016 06/06/16 Pending -- -- --
03/03/2016 03/03/16 For Sale $3,750,000 -- $918 / 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 $11,671 $212,160 $102,000 $110,160
2024 $11,671 $234,780 $102,000 $132,780
2023 $11,277 $213,360 $102,000 $111,360
2022 $10,371 $174,780 $102,000 $72,780
2021 $10,807 $174,180 $102,000 $72,180
2020 $10,730 $195,180 $102,000 $93,180
2019 $10,129 $174,300 $102,000 $72,300
2018 $9,680 $46,272 $20,222 $26,050
2016 $7,521 $37,621 $8,910 $28,711
2015 $4,525 $37,024 $12,743 $24,281
2014 $4,525 $34,934 $12,428 $22,506
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10060860

Real Estate Board of New York (REBNY)

APN: 00408-0014