See Home Value
$1,619,003*
Townhouse - Off Market

667 Jefferson Avenue

Brooklyn, NY 11221
bedrooms
Studio
bathrooms
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
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
Stu
-
-
$1,300,000 Apr 17, 2015
$1,300,000 Oct 13, 2015
-
Townhouse
Stu
-
-
$1,295,000 Jan 22, 2015
$1,295,000 May 7, 2015
-
Townhouse
Stu
-
-
$1,200,000 Nov 5, 2017
$1,200,000 Dec 13, 2018
-
Townhouse
Stu
-
-
$1,560,000 Mar 27, 2017
$1,560,000 Jun 26, 2017
-
Townhouse
Stu
-
-
$1,200,000 Jul 22, 2014
$1,200,000 Dec 22, 2014
-
Townhouse
Stu
-
-
$1,165,000 Jan 21, 2016
$1,165,000 Apr 6, 2016
-
Multifamily
Stu
3 Baths
-
$1,500,000 Apr 11, 2024
-
$250/mo
Townhouse
6 Beds
4 Baths
-
$1,399,000 Nov 1, 2023
-
-
House
3 Beds
2 Baths
1,640 ft²
$869/ft²
$1,425,000 Oct 12, 2022
-
-
Townhouse
6 Beds
2 Baths
2,653 ft²
$547/ft²
$1,450,000 Dec 13, 2022
-
$291/mo
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
20210707
07/07/2021
Studio
-
-
$1,399,999
bedrooms
Studio
bathrooms
-
$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
More about this Building
667 Jefferson Avenue
Want to find out who owns 667 Jefferson Avenue, Brooklyn, NY 11221? Get detailed property transactions here .

About Northern Brooklyn


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