NOT LISTED FOR SALE

Estimated Value: $2,141,142 - $3,055,000

7 Beds
3 Baths
3,375 Sq Ft
$826/Sq Ft Est. Value

Last Sold December 31, 2018

Last sale price $1,850,000 $548 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $15,036/month

About This Home

As of December 2018

Excited to present a great investment opportunity fully renovated, extra wide 3 family gem located in prime red-hook. The beautiful walk-in apartment has a 3 bedroom and 1 bath setup. The 2nd and 3rd floor apartments have a 2 bedroom and 1 bath setup. Family and friends will be able to announce their arrival through the brand new intercom system. No more exhausting walks to the laundromat as the owner provided coin operated laundry machines in the basement. This beautiful property will not last! Red Hook is not your usual Brooklyn neighborhood. This quirky waterfront destination feels more like a small town than a big-city neighborhood. The bars and restaurants are mostly run by locals, and people say hello to one another on the street. Down along the water you?ll find hulking warehouses that have stood since Red Hook was a shipping destination -- many of them now home to loft apartments or the massive Fairway supermarket. (Red Hook is also home to New York City?s only IKEA.) Red Hook juts out into the New York Harbor, just across from Governor?s Island, and the neighborhood?s piers and parks offer great views of both the Statue of Liberty and Lower Manhattan. Arriving by ferry is one of the best ways to get to Red Hook -- its closest subway stop is in Carroll Gardens. Call today for a private showing.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1899

Lot Details

  • Lot Dimensions are 25.0 x 100.0

Home Design

  • Pre War Building

Interior Spaces

  • 3,375 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Community Details

  • Red Hook Subdivision

Listing and Financial Details

  • Legal Lot and Block 12 / 586

Home Details

Home Type

Single Family

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Cross Street: Van Brunt Street/Conover Street
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Red Hook
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Living Area: 3375.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 7

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 25.0 x 100.0

Building Info

  • Total Stories: 3
  • Year Built: 1899

Tax Info

  • Tax Block: 586
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2018
Closed on
Dec 31, 2018
Sold by
Katzz Holding Corp
Bought by
Kim Hwajin and Situ Shao Yu
List Price
$1,850,000
Sold Price
$1,850,000
Current Estimated Value
$2,787,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$937,786
Avg. Annual Appreciation
6.02%
Original Mortgage
$1,387,500
Outstanding Balance
$1,220,027
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,567,759

Purchase Details

Closed on
Apr 27, 2011
Sold by
Katz Steven
Bought by
Katzz Holding Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2011
Sold by
Katzz Holding Corp
Bought by
Katz Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2004
Sold by
133 Dikeman Street Realty Corp
Bought by
Katzz Holding Corp

Purchase Details

Closed on
Jul 21, 1997
Sold by
Cortez Virginia
Bought by
133 Dikeman St Realty Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
8%
Mortgage Type
Seller Take Back
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
Kim Hwajin $1,850,000 --
Kim Hwajin $1,850,000 --
Kim Hwajin $1,850,000 --
Katzz Holding Corp -- --
Katzz Holding Corp -- --
Katz Steve -- --
Katz Steve -- --
Katzz Holding Corp -- --
Katzz Holding Corp -- --
133 Dikeman St Realty Corp $75,000 Chicago Title Insurance Co
133 Dikeman St Realty Corp $75,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Hwajin $1,387,500
Closed Kim Hwajin $1,387,500
Previous Owner Katzz Holding Corp $375,000
Previous Owner 133 Dikeman St Realty Corp $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2018 12/31/18 Sold $1,850,000 0.0% $548 / Sq Ft
05/15/2018 05/15/18 For Sale $1,850,000 -- $548 / Sq Ft
05/15/2018 05/15/18 Pending -- -- --
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 $5,677 $182,520 $17,580 $164,940
2024 $5,677 $144,180 $17,580 $126,600
2023 $5,632 $176,880 $17,580 $159,300
2022 $5,285 $190,560 $17,580 $172,980
2021 $5,402 $157,980 $17,580 $140,400
2020 $2,534 $175,800 $17,580 $158,220
2019 $4,927 $169,740 $17,580 $152,160
2018 $4,711 $23,108 $3,158 $19,950
2017 $4,497 $22,062 $3,951 $18,111
2016 $3,967 $21,392 $5,018 $16,374
2015 $2,290 $20,182 $7,113 $13,069
2014 $2,290 $19,629 $6,918 $12,711
Source: Public Records

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10415317

Real Estate Board of New York (REBNY)

APN: 00586-0012