$2,995,000
SOLD APR 30, 2024
8 Beds
4.5 Baths
6,216 Sq Ft
8,040 Sq Ft Lot

Recently Sold

$482 Per Sq Ft

8% Below List Price

76 Days on Market

Highlights

  • Cooling System Mounted In Outer Wall Opening
  • P.S. 249 - The Caton Rated A-
  • Garage

About This Home

As of April 2024

1123 Albemarle, a rare two-family, built in 1902 by Carrol H. Pratt resides in the Historic District of Prospect Park South. Previously owned by Herbert F. Gunnison who was the publisher of the Brooklyn, Daily Eagle, 1123 Albemarle bathes in natural light and is 6,216 sq ft, giving you enough room for three floors and a basement. The bonus is the two-car garage with a driveway that parks four additional cars.

Both apartments have charm and character that stand the test of time. The garden level duplex is the biggest floor plan of approximately 3,440 sq ft. The grand living room has amazing light from a big picture window and two stained glass windows. The coffered ceilings are stunning, decorated with period paint colors and continue into the formal dining room as you pass through the original sliding doors. The wall of stained glass windows with a nautical motif are beautiful and allow in streams of natural light. The charm continues as you enter the eat in windowed kitchen through original stained glass French doors. The primary bedroom with an en-suite bathroom is one of three sizable bedrooms. There are multiple closets throughout with one that is big enough to be a separate office if needed. The basement is finished with a custom made bar which is great for entertaining. You will also find a private office, a full laundry room with a stained glass window and a half bathroom. There is even more room for that yoga studio or the screening room that you always wanted.

The apartment above has unencumbered light and tree-lined views. With approximately 2,800 sq ft, the living room is big enough for a grand piano and a couple of large sofas. The formal dining has stunning details including a wall of stained glass windows, period arches and original lead glass cupboards. Today it would be an amazing office or second living room. The kitchen is open to the dining room with an abundance of windows and a separate dining area. The primary bedroom has a wall of stained glass windows that enhances the romance of the room. The bedroom count is 5 in this apartment with two on the main level and three light filled bedrooms on the top floor. There is even a hidden storage room off the windowed bathroom upstairs. The private terrace has tree lined views of the beautiful Prospect Park South community.

Satisfy all your food cravings on Cortelyou or a little closer to home at Le Paddock or Cena's on Prospect Ave. Test your athletic prowess at the Prospect Park Parade Grounds by joining in a soccer tournament or a tennis match. With parking for 6 cars, be in lower Manhattan in 12 minutes via Prospect Expressway or JFK in 22. You can also take the Q/B at Beverley Road if you would like. Either way, commuting is easy. Call for an appointment to view 1123 Albemarle which is in a community rich with dining choices, history, and an excellent location.

Most photos are virtually staged.

Last Agent to Sell the Property

Ellen Gottlieb

Corcoran Group License #30GO0990231

Corcoran Group

Co-Listed By

Natalie Pitta

Corcoran Group License #10401366074

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $13,608

Year Built

  • 1905

Lot Details

  • 8,040 Sq Ft Lot
  • Lot Dimensions are 120.00x67.00

Parking

  • Garage

Interior Spaces

  • 6,216 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed
  • Washer Hookup

Utilities

  • Cooling System Mounted In Outer Wall Opening

Community Details

  • 2 Units
  • 1117 Albemarle Road Condos
  • Prospect Park South Subdivision

Listing and Financial Details

  • Legal Lot and Block 0022 / 05092

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$13,608

Year Built

1905

Lot Details

0

Listing Details

  • Property SubType: Townhouse
  • Property Type: Residential
  • Neighborhood: Prospect Park South
  • Entry Level: 1
  • Structure Type: Townhouse
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built: 1905

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 6216.0
  • Living Area Units: Square Feet
  • Rooms (Total): 15
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathrooms Integer: 5
  • Bedrooms: 8

Exterior Features

  • View: Other
  • View: No
  • Patio/Porch Features: None

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Washer Hookup, In Unit
  • Green Building Features: Green Building
  • Cooling: Wall Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 8040.0
  • Lot Size Dimensions: 120.00x67.00

Building Info

  • New Construction: No
  • Building Name: 1117 Albemarle Road
  • Units: 2
  • Total Stories: 2

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 05092
  • Tax Lot: 0022
  • Tax Annual: 13608.0

Multi Family

  • Building Area Units: Square Feet

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 Sold $2,995,000 -7.8% $482 / Sq Ft
12/04/2023 12/04/23 Pending -- -- --
09/18/2023 09/18/23 For Sale $3,250,000 -- $523 / 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
2024 $6,213 $275,760 $45,000 $230,760
2023 $6,395 $279,840 $45,000 $234,840
2022 $13,106 $236,820 $45,000 $191,820
2021 $13,393 $212,820 $45,000 $167,820
2020 $10,045 $187,560 $45,000 $142,560
2019 $12,110 $187,560 $45,000 $142,560
2018 $11,504 $57,892 $16,243 $41,649
2017 $11,413 $57,458 $19,034 $38,424
2016 $10,526 $54,206 $24,242 $29,964
2015 $6,318 $51,138 $30,362 $20,776
2014 $6,318 $48,244 $24,341 $23,903
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,935,000 Purchase Money Mortgage
Closed $1,935,000 Purchase Money Mortgage
Previous Owner $41,982 No Value Available
Previous Owner $425,000 No Value Available
Previous Owner $8,622 No Value Available
Previous Owner $4,279 Unknown
Previous Owner $204,000 No Value Available
Source: Public Records

Deed History

Date Type Sale Price Title Company
Deed $2,995,000 --
Deed $2,995,000 --
Deed $255,000 Columbia Title Agency Inc
Deed $255,000 Columbia Title Agency Inc
Source: Public Records

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10952892

Real Estate Board of New York (REBNY)

APN: 05092-0022