NOT LISTED FOR SALE

Estimated Value: $1,951,000 - $2,839,000

8 Beds
4 Baths
3,232 Sq Ft
$727/Sq Ft Est. Value

Last Sold July 29, 2019

Last sale price $1,750,000 $541 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $13,172/month

24 Days on Market

Highlights

  • Pre War Building
  • 4-minute walk to Newkirk Avenue (B,Q Line)
  • Building Terrace
  • Ditmas Junior High school Rated A-
  • Terrace
  • Laundry Facilities

About This Home

As of July 2019

A gut-renovated Victorian-style house nestled on a lush, tree-lined street in Ditmas Park, 541 Argyle is a seamless blend of traditional Brooklyn charm and contemporary functionality. Features of this fully detached home include brand new electric and plumbing, central heating and cooling with Nest thermostats, a new roof and gutter system, custom Anderson windows, durable cement composite siding, gorgeous hardwood floors, a built-in speaker system with Bluetooth control, in-home washers/dryers, a columned front porch, a terrace and rear deck with BBQ hook-ups, a finished basement, private driveway and a multi-camera security system.

With a total of 2 kitchens, 7 bedrooms, and 4.5 windowed bathrooms, 541 Argyle is a legal two-family house but is equally ready for use as a single-family home.

The first floor of the home contains a spacious bedroom with a decorative fireplace, a full bathroom, an office, and an expansive living room, dining room, and kitchen. The living and dining areas boast bay windows, while the eat-in kitchen leads out onto a rear deck and is equipped with custom cabinetry, marble countertops, and a suite of high-end stainless steel appliances from Wolf and Sub-Zero.

An additional eat-in kitchenwith brand new stainless steel appliances, a farmhouse sink, and access to a lovely terraceand a trio of bedrooms sit on the second floor of the home. The master suite possesses a massive walk-through closet and a windowed en-suite bathroom with radiant heated flooring, marble walls, counters, and floors, dual vanity sinks, a walk-in shower, and a free-standing soaking tub. The other two bedrooms have private closet space and share a pristine full bathroom.

The final three bedrooms as well as a convenient laundry room lie on the third floor of the home. Each of the bedrooms have reach-in closets and easy access to a spacious full bathroom with dual vanity sinks and a walk-in shower. The open plan basement has a powder room and an additional laundry room.

541 Argyle is just steps from all the restaurants, cafes, markets, and shops that line Coney Island, Newkirk, and Foster Avenues. The B and Q subway lines are less than 5 minutes away.

Last Agent to Sell the Property

Sara Golan

Serhant License #10301215946 Listed on: 05/17/2019

Serhant

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 4,008

Home Design

  • Pre War Building

Interior Spaces

  • 3,232 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Terrace
  • Lot Dimensions are 40.0 x 100.0

Listing and Financial Details

  • Legal Lot and Block 54 / 5199

Community Details

Overview

  • Ditmas Park West Subdivision

Amenities

  • Building Terrace
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Cross Street: Ditmas Avenue/Newkirk Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Ditmas Park West
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Living Area: 3232.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 4
  • Bathrooms Integer: 4
  • Bedrooms: 8

Exterior Features

  • Patio/Porch Features: Building Terrace, Terrace

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area

Lot Info

  • Lot Size Dimensions: 40.0 x 100.0

Building Info

  • Total Stories: 2
  • Year Built: 1910

Tax Info

  • Tax Block: 5199
  • Tax Lot: 54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2019
Closed on
Jul 29, 2019
Sold by
551 Argyle Rd Inc
Bought by
Mnookin Isabel and Mnookin Jacob
Seller's Agent
Sara Golan
Serhant
List Price
$1,750,000
Sold Price
$1,750,000
Current Estimated Value
$2,348,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$598,563
Avg. Annual Appreciation
4.63%
Original Mortgage
$1,312,500
Outstanding Balance
$1,145,232
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,203,331

Purchase Details

Closed on
Jan 7, 2018
Sold by
Darrell Williams Keiosha
Bought by
551 Argyle Rd Inc

Purchase Details

Closed on
Aug 3, 2017
Sold by
Bennett Dorine
Bought by
551 Argyle Rd Inc

Purchase Details

Closed on
Sep 21, 2005
Sold by
Williams Ernestine
Bought by
Darrell Williams Keiosha
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
Mnookin Isabel $1,750,000 --
Mnookin Isabel $1,750,000 --
Mnookin Isabel $1,750,000 --
551 Argyle Rd Inc $560,000 --
551 Argyle Rd Inc $560,000 --
551 Argyle Rd Inc $560,000 --
551 Argyle Rd Inc $425,000 --
551 Argyle Rd Inc $425,000 --
551 Argyle Rd Inc $425,000 --
Darrell Williams Keiosha -- --
Darrell Williams Keiosha -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mnookin Isabel $1,312,500
Closed Mnookin Isabel $1,312,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2019 07/29/19 Sold $1,750,000 0.0% $541 / Sq Ft
06/11/2019 06/11/19 Pending -- -- --
05/17/2019 05/17/19 For Sale $1,750,000 -- $541 / 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 $11,710 $148,320 $32,220 $116,100
2024 $11,710 $117,180 $32,220 $84,960
2023 $11,094 $143,760 $32,220 $111,540
2022 $9,783 $142,560 $32,220 $110,340
2021 $10,079 $132,540 $32,220 $100,320
2020 $4,727 $126,180 $32,220 $93,960
2019 $9,435 $126,180 $32,220 $93,960
2018 $8,674 $42,551 $12,596 $29,955
2017 $8,183 $40,143 $18,745 $21,398
2016 $7,804 $39,912 $15,841 $24,071
2015 $4,568 $37,656 $21,911 $15,745
2014 $4,568 $37,586 $21,452 $16,134
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10846242

Real Estate Board of New York (REBNY)

APN: 05199-0054