NOT LISTED FOR SALE

Estimated Value: $7,028,000 - $8,861,713

7 Beds
4 Baths
5,100 Sq Ft
$1,612/Sq Ft Est. Value

Last Sold April 24, 2024

Last sale price $9,950,000 $1,951 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $48,375/month

96 Days on Market

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Granite Countertops
  • P.S. 8 Robert Fulton Rated A
  • High Ceiling
  • 2-minute walk to Adam Yauch Park

About This Home

As of April 2024

Introducing 48 Garden Place Townhouse, a stunning single-family brownstone that exudes elegance and historical significance. Originally the garden for the estate of Philip Livingston, a signer of the Declaration of Independence in the late 18th Century, Garden Place has earned the reputation of one of the quietest, most beautiful, and sought after residential locations in all of New York City, particularly within the Brooklyn Heights Historic District.

Designed by the renowned Brooklyn architectural firm, Parfitt Brothers, and built by James W. Dearing in the late 1800s, this classic Neo-Grec style townhouse boasts unique Eastlake-influenced details. The approximately 5,100 sq. ft. home has been expertly renovated to the highest modern standard, while maintaining much of the original details that make these historic properties so special. The property boasts approximately 1,100 sq. ft. of private, multi-level outdoor space, including a beautifully landscaped garden and two terraces. This impressive townhome is 60' deep on the garden and parlor floors, and 40' deep on each of the three floors above. The welcoming, short stoop and entryway are elegantly framed by the carved detailed design work of the facade, unique to the Neo-Grec version of the classic Italianate Brownstone.

The impressive, deep double parlor floor features two wood-burning fireplaces and wood pocket doors that lead to an open chef’s kitchen. A rare, wide skylight over the middle parlor floor and another over the staircase add to the home's bright and airy feel. The fully renovated chef’s kitchen features quartz and stainless steel countertops, custom cabinetry, two sinks, stainless steel Miele appliances (including two dishwashers, two stovetops, and two ovens), Liebherr refrigerator, and NewAir wine cooler. The terrace off the rear parlor overlooks, and has access to, the landscaped garden below.

The primary suite, located on the entire second floor, includes a wood-burning fireplace, a full bath with steam shower and heated towel rack, dressing room, and a library, which opens to a large, full-width, very private terrace with a water line. The third floor features two bedrooms, each with carved white marble fireplaces, and a full bath with heated towel rack. The fourth floor features three bedrooms, a full bath, and charming tin ceilings.

Accessible via two separate staircases from the parlor level, or directly from the front porch, the garden level features patterned glass tiles, a huge mud room with custom cabinetry, large laundry room with Kenmore washer and dryer, renovated full bath, and a 22’ recreation room with a window wall that opens directly to the landscaped garden, which is equipped with a gas line, water line, and bluestone pavers.

The many upgrades throughout include, staircase restoration, plasterwork and moldings, fully outfitted chef’s kitchen, updated bathrooms with designer accents, fireplaces, custom cabinetry, and luxurious oak hardwood floors in the kitchen and entryways. The property has also previously been upgraded with electrical, plumbing, mechanicals, security, and 4-zone central air conditioning.

This historically significant and thoughtfully renovated property is perfectly located in the heart of Brooklyn Heights, moments away from Brooklyn Bridge Park, Brooklyn Heights Promenade, excellent dining, shopping, entertainment, and transportation.

Last Listed By

Barbara Wilding

Compass License #10401255880 Listed on: 04/20/2023

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $25,248

Year Built

  • Built in 1901

Lot Details

  • Lot Dimensions are 19.170000x95.000000
  • Private Entrance
  • Private Yard
  • Front Yard

Interior Spaces

  • 5,100 Sq Ft Home
  • 4-Story Property
  • Wet Bar
  • Built-In Features
  • Bar
  • Crown Molding
  • High Ceiling
  • Recessed Lighting
  • Chandelier
  • 1 Fireplace
  • Entrance Foyer

Kitchen

  • Double Oven
  • Gas Cooktop
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio
  • Terrace
  • Outdoor Grill
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Brooklyn Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 50 / 00261

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$25,248

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Exposures: East,West
  • Property SubType: Townhouse
  • Property Type: Residential
  • Neighborhood: Brooklyn Heights
  • Entry Level: 1
  • Structure Type: Townhouse
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 4

Interior Features

  • Interior Features: Wet Bar, Built-in Features, Chandelier, Crown Molding, Entrance Foyer, Granite Counters, High Ceilings, Kitchen Island, Recessed Lighting, Bar, Walk-In Closet(s)
  • Appliances: Cooktop, Double Oven, Dryer, Dishwasher, Gas Cooktop, Gas Oven, Stainless Steel Appliance(s), Wine Cooler, Washer
  • Fireplace Features: Other
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Living Area: 5100.0
  • Living Area Units: Square Feet
  • Rooms (Total): 12
  • Window Features: Skylight(s)

Beds/Baths

  • Full Bathrooms: 4
  • Bathrooms Integer: 4
  • Bedrooms: 7

Exterior Features

  • Exterior Features: Balcony, Barbecue, Private Entrance, Private Yard
  • Patio/Porch Features: Patio, Porch, Terrace, Balcony

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: Common On Floor, See Remarks
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Central
  • Heating: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: None
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Features: Front Yard
  • Lot Size Dimensions: 19.170000x95.000000

Building Info

  • New Construction: No
  • Units: 1
  • Total Stories: 4
  • Year Built: 1901

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 00261
  • Tax Lot: 50
  • Tax Annual: 25248.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2023
Closed on
Apr 24, 2024
Sold by
48 Guava Llc
Bought by
Valtr Richard and Von Schwarzkopf-Valtr Elisabeth
Seller's Agent
Barbara Wilding
Compass
List Price
$11,995,000
Sold Price
$9,950,000
Premium/Discount to List
-$2,045,000
-17.05%
Total Days on Market
96
Views
237
Current Estimated Value
$8,257,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,692,887
Avg. Annual Appreciation
-17.35%
Original Mortgage
$7,000,000
Outstanding Balance
$6,933,361
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,290,210

Purchase Details

Closed on
Apr 8, 2014
Sold by
Pierot Robert
Bought by
48 Guava Llc

Purchase Details

Closed on
Jan 4, 1995
Sold by
Belknap Robert E
Bought by
Watson Brian F and Lemaistre Edwina B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$426,807
Interest Rate
3.75%

Range of Values:

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Average Value
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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
Valtr Richard $9,950,000 --
Valtr Richard $9,950,000 --
48 Guava Llc $7,500,000 --
48 Guava Llc $7,500,000 --
Watson Brian F $975,000 Commonwealth Land Title Ins
Watson Brian F $975,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valtr Richard $7,000,000
Closed Valtr Richard $7,000,000
Previous Owner Pierot Robert J $81,475
Previous Owner Watson Brian F $426,807
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2024 04/24/24 Sold $9,950,000 -5.2% $1,951 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
11/02/2023 11/02/23 Price Changed $10,495,000 -12.5% $2,058 / Sq Ft
10/26/2023 10/26/23 For Sale $11,995,000 -- $2,352 / 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 $27,469 $417,060 $76,080 $340,980
2023 $26,640 $469,380 $76,080 $393,300
2022 $23,572 $395,340 $76,080 $319,260
2021 $25,070 $433,560 $76,080 $357,480
2020 $24,150 $438,600 $76,080 $362,520
2019 $23,841 $412,680 $76,080 $336,600
2018 $22,283 $109,312 $15,881 $93,431
2017 $21,115 $103,579 $15,521 $88,058
2016 $20,067 $100,380 $17,503 $82,877
2015 $11,785 $95,076 $19,947 $75,129
2014 $11,785 $94,975 $23,909 $71,066
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10960476

Real Estate Board of New York (REBNY)

APN: 00261-0050