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Map
$1,619,003*
●
Townhouse -
Off Market
667 Jefferson Avenue
Brooklyn, NY 11221
Studio
0 Bath
$1,260,000 - $1,538,000
Reference Base Price*
15.64%
Since Dec 1, 2021
NY-New York
Primary Model
About This Property
Situated on a treelined block in the Stuyvesant Heights section of
Bedford-Stuyvesant on Jefferson & Stuyvesant Avenues is this
charming 1899 3-story, 20' W x 45' D Brownstone.
This property was completely gutted in 2018 due to a fire.
The building has since been stabilized per DOB requirements. It has
new subfloors, new beams, and a new roof. There are no
mechanicals or utilities on the interior. It is a blank slate
awaiting restoration. There are open violations due to
the fire which should be cured with the restoration work. The
Seller will not cure, nor pay to cure any of the violations.
Buyer will accept property in as-is condition with all
violations. There is no C of O. However, the property
is classified in tax records as a two family. Zoning: R6B. Actual
FAR: 1.32. Max FAR: 2.00. The Buyer can save several
thousands of dollars and lots of time by choosing to hire the same
licensed architect who worked with the contractor to stabilize the
building and who is already familiar with the project and has
prepared drawings for the renovation. These drawings can be
modified by the architect anyway the new buyer desires, should they
decide to hire him. The drawings have not yet been approved by DOB.
Or, hire your own architect, engineer, and contractor. This
property is a great opportunity for an end user looking to create
their own home from start to finish, or for the experienced
developer/investor. An end user looking to Finance this type
of a project would require that the buyer take a renovation loan
and have 25-30% of the purchase price for the down payment, plus
another 6% closing costs, at minimum. Consult a qualified
renovation loan specialist for more accurate information on
financing a project of this type. Depending on the finishes,
and the quality of the renovation similar properties in the area
are selling for between $2.1M and up. If another floor can be
added, the price could be even more. Showings are by appointment
only to pre-screened buyers. Seller is motivated. Willing to
hear all serious offers. Offers should be submitted in
writing to the listing agent with proof of funds.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Townhouse
Property Taxes
$452
HOA Dues
-
Year Built
1899
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jan 10, 2022 | Sold to 667 Jefferson Llc | $1,300,000 | |
Sold to 667 Jefferson Llc | |||
Nov 7, 2021 | No longer available | - | |
No longer available | |||
Jul 7, 2021 | Listed | $1,399,999 | |
Listed |
Property Highlights
Garage
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
In Contract
House
3
Beds
2
Baths
1,640 ft²
$869/ft²
$1,425,000
Oct 12, 2022
-
-
In Contract
Townhouse
6
Beds
2
Baths
2,653 ft²
$547/ft²
$1,450,000
Dec 13, 2022
-
$291/mo
Active
Townhouse
5
Beds
3
Baths
2,475 ft²
$606/ft²
$1,500,000
Mar 19, 2024
-
$652/mo
Townhouse
4
Beds
2
Baths
2,400 ft²
$646/ft²
$1,550,000
Feb 28, 2024
-
$409/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
07/07/2021
|
|
Studio
|
-
|
-
|
$1,399,999
Studio
-
|
$1,300,000
-7.14%
01/10/2022
|
Gloria Sandiford
FLATEAU REALTY CORP
|
Building Info
667 Jefferson Avenue
667 Jefferson Avenue, Brooklyn, NY 11221
- 2 Units
- 1 Unit for Sale