NOT LISTED FOR SALE

Estimated Value: $2,490,000 - $5,205,942

5 Beds
4.5 Baths
4,100 Sq Ft
$919/Sq Ft Est. Value

Last Sold June 29, 2023

Last sale price $4,980,000 $1,215 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $22,292/month

26 Days on Market

Highlights

  • Garage
  • P.S. 9 The Sarah Smith Garnet School Rated A
  • 3-minute walk to Grand Army Plaza

About This Home

As of June 2023

In a picturesque row, the Brownstone at No. 286 Sterling Place in Prospect Heights stands out amongst its mid-19th Century counterparts. The house is unique by every measure (20 X 65 X 150) and offers 4 levels plus a cellar. It splits into 2 units; a lower garden floor rental, and owners' upper triplex. The location is historic and nostalgic but it's also one of the Borough's coolest neighborhoods, landmarked in 2009. According to Robert B. Tierney, then LPC Chairman, "Prospect Heights is among the Borough's most distinguished, cohesive neighborhoods because of its architectural integrity and diversity." In excellent condition from the exterior to the interior, 286 has many significant historical features. Another plus is your very own Driveway with parking for two cars, a rare but welcomed commodity. Come take a peek!

Upon entering the triple parlor you'll witness elaborate woodwork, 11 foot high ceilings, intricate plaster work, and original hardwood floors with beautifully decorated trim. Relish in the beauty or be wowed by the wooden pier Mirror and embellished crown molding! On the angled extension, a warm eat-in kitchen boasts a center island, stainless steel appliances, and granite counters. You'll love the comfy window seat, and deck out back. Sweet!

Upstairs on the 3rd level there is one very large bedroom suite, a full bathroom with soaking tub and shower, multiple walk-in closets and a home office. Continue up to the 4th floor. This level offers 3 bedrooms, a mantel with a modern take, full bathroom, dedicated laundry room and plenty of closet space.

Back downstairs, the garden rental offers generous space. A living room, dining room, Eat-in-Kitchen, and an outdoor patio all allow for great entertaining. The apartment has one bedroom and two bathrooms. The cellar offers additional storage, and a second washer-dryer. All mechanicals---including a 5 year old gas furnace--are in great working condition. The bottom three levels have central air conditioning.

286 Sterling is perfectly situated to enjoy all that Brooklyn, and New York City has to offer. With transit nearby, the commute to mid-town Manhattan is less than 30 minutes away. While at home you are surrounded by: world class Brooklyn Museum, Brooklyn Botanic Garden, Prospect Park, and Brooklyn's hottest restaurants: Fausto, Faun, Olmsted, Sofreh, Petite Patate, and LaLou's, to name a few. Take in a concert at Barclay's Center or enjoy dessert at The Social Brooklyn. 286 Sterling Place is a unique home in the perfect location for whatever may interest you. It even comes with private parking!!! This one has your name all over it!

The house will be delivered vacant and sold "as is." At the seller's request, any potential purchaser must present a recent pre-approval

Last Listed By

Catherine E. Witherwax

Corcoran Group License #10301201923 Listed on: 03/28/2023

Corcoran Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,280

Year Built

  • 1899

Lot Details

  • 2,744

Parking

  • Garage

Home Design

Interior Spaces

  • 4,100 Sq Ft Home
  • 4-Story Property
  • Decorative Fireplace
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 5 Bedrooms

Community Details

  • 2 Units
  • Prospect Heights Subdivision

Listing and Financial Details

  • Tax Block 01170

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,280

Year Built

1899

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Prospect Heights
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4
  • Year Built: 1899

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Living Area: 4100.0
  • Living Area Units: Square Feet
  • Rooms (Total): 11

Beds/Baths

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

Garage/Parking

  • Garage: Yes

Building Info

  • Units: 2
  • Total Stories: 4

Tax Info

  • Tax Block: 01170

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2023
Closed on
Jun 29, 2023
Sold by
Jillian Forde Trustee and Joel Cox Trustee
Bought by
Fox Ariel and Fox Elisabeth
Seller's Agent
Catherine E. Witherwax
Corcoran Group
List Price
$3,995,000
Sold Price
$4,980,000
Premium/Discount to List
$985,000
24.66%
Total Days on Market
26
Views
143
Current Estimated Value
$3,765,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,214,019
Avg. Annual Appreciation
-14.23%
Original Mortgage
$3,486,000
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2022
Sold by
Juliette Forde and Juliette Sandra Chaplain
Bought by
Jillian Forde and Jillian Joel Cox

Purchase Details

Closed on
Oct 15, 2020
Sold by
Harris Sandra
Bought by
Harris Sandra and Sandra Harris Living Trust

Purchase Details

Closed on
Aug 20, 1996
Sold by
Greer Edward P and Greer Winnifred Lupita
Bought by
Harris Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,950
Interest Rate
7.83%
Mortgage Type
Purchase Money Mortgage

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
Fox Ariel $4,980,000 --
Jillian Forde -- --
Harris Sandra -- --
Harris Sandra $358,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fox Ariel $3,486,000
Previous Owner Harris Sandra $500,000
Previous Owner Harris Sandra $350,000
Previous Owner Harris Sandra $33,665
Previous Owner Harris Sandra $57,944
Previous Owner Harris Sandra $340,000
Previous Owner Harris Sandra $286,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2023 06/29/23 Sold $4,980,000 +24.7% $1,215 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
03/29/2023 03/29/23 For Sale $3,995,000 -- $974 / 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
2024 $15,280 $214,560 $71,040 $143,520
2023 $14,577 $232,020 $71,040 $160,980
2022 $13,752 $203,340 $71,040 $132,300
2021 $13,366 $180,360 $71,040 $109,320
2020 $3,534 $208,680 $71,040 $137,640
2019 $13,262 $182,100 $71,040 $111,060
2018 $11,896 $59,815 $17,683 $42,132
2017 $11,204 $56,430 $17,750 $38,680
2016 $10,333 $53,236 $22,608 $30,628
2015 $6,201 $53,232 $29,645 $23,587
2014 $6,201 $52,833 $35,304 $17,529
Source: Public Records

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10862124

Real Estate Board of New York (REBNY)

APN: 01170-0027