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$2,990,000   Price Analysis
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627 Willoughby Ave
Brooklyn, NY 11206
7 bed 4 bath 4,264 SqFt ($701/SqFt)
2,000SqFt lot. Built 1931
Listed 2024-03-04, Taxes $7,208
Ⓧ USDA Ineligible
due to price & location

near Brooklyn

Nestled in the dynamic neighborhood of Bedford-Stuyvesant

Brooklyn, the four-story brownstone at 627 Willoughby Avenue is a symbol of urban refinement and architectural beauty. This property, which spans 4, 264 square feet (one of the largest brownstones on the block due to extensions on the first two floors) and boasts a 20-foot width, stands as a testament to luxury urban living, seamlessly blending modern amenities with the timeless allure of Brooklyn's historic charm. Positioned in a locale celebrated for its vibrant culture and communal warmth, the brownstone offers its inhabitants not a home, but a slice of Contemporary York City's rich tapstry. Its strategic location ensures easy access to the area's best offerings, from cultural landmarks to dining and shopping, all while providing a peaceful haven amidst the urban hustle. The renovation of 627 Willoughby Avenue has been steadily undertaken with an unwavering commitment to excellence and detail. Modern upgrades to the building's plumbing and electrical infrastructures have been complemented by high-end finishes, ensuring that each of the four apartments within this brownstone meets the highest standards of luxury and comfort. Further enhancing the appeal of this property, Units 1 and 2 have been fitted with brand new hardwood floors, adding a touch of elegance and warmth to these spaces. In contrast, Units 3 and 4 boast beautifully refinished original hardwood floors, preserving the character and history of the building. These thoughtful touches underscore the blend of modernity and tradition that defines 627 Willoughby Avenue. In addition to aesthetic updates, significant investments have been made to ensure the building's longevity and efficiency.

A new gas boiler, installed 18 years ago, along with a new water heater put in place 4 years ago, guarantee comfort and reliability for all residents. The property's durability is further evidenced by recent roofing updates, with the 4th floor receiving a new roof 9 years ago and the 2nd-floor extension being re-roofed 4 years ago. This roof is of particular interest as it will allow for the construction of a private and charming roof deck for the 3rd floor unit, a rare amenity in New York City. Each apartment within the brownstone has been upgraded, ensuring that every unit not reflects the building's historic charm but also offers the modern conveniences expected of luxury urban living. From the exclusive second-level roof deck available to third-floor residents to the meticulously curated interiors of each apartment, 627 Willoughby Avenue stands as a premier investment opportunity and a distinguished residential offering. Unit 1, a big two-bedroom, one-bathroom apartment on the first floor, spans 1, 100 square feet and features an inviting open layout, where natural light highlights the new hardwood floors and contemporary design elements. This unit features a pleasing rear yard with a co ncrete pad. This unit is rented on a MTM basis at $2, 700 Unit 2 mirrors the elegance of Unit 1 with its own two-bedroom, one-bathroom layout and an open-concept living space, perfect for entertaining and daily living. This unit is rented on a MTM basis at $2, 500 Unit 3, on the third floor, offers a serene one-bedroom, one-bathroom apartment that provides a peaceful retreat within the city, emphasizing tranquility and modern living. This unit will be delivered vacant. Unit 4 combines the charm of original, refinished hardwood floors with the functionality of modern living in a cozy two-bedroom, one-bathroom layout, offering picturesque views and a welcoming atmosphere. This unit is rented on a MTM basis at $1, 800. Overall, 3 units will be delivered occupied and 1 unit will be delivered vacant. 627 Willoughby Avenue is more than a property; it's a landmark of urban luxury and a testament to thoughtful restoration and modernization, offering a unique living experience in the heart of Brooklyn.


Presented by Dennis Taveras at
THE VERUS GROUP INC.


Property MLS #11255072 from MyStateMLS

Bedrooms: 7

Full Bathrooms: 4

Lot Size Acres: 0.0459137
Lot Size Square Feet: 2000

Association Fee Amenities: Bedford-Stuyvesant

Source Listing Status: Active
County: 36047
Availability Date: 2024-03-01
Source Property Type: Multi-Unit (2-4)
Area: Kings
Source Neighborhood: Kings
Parcel Number: 10-000.000-1760-059.000
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$148,050 + $13,050
$161,100
$7,208
2021$115,650 + $13,050
$128,700
$6,695
2020$112,050 + $13,050
$125,100
$6,808
2019$91,170 + $13,050
$104,220
$6,665
2018$41,585 + $7,353
$48,938
$6,172
2017$37,634 + $7,686
$45,320
$5,764
2016$33,100 + $8,888
$41,988
$5,413
2015$31,307 + $10,681
$41,988
$5,409
2014$28,243 + $12,410
$40,653
$5,226
2013$26,153 + $11,492
$37,645
$4,948
2012$22,968 + $11,894
$34,862
$4,683
2010$12,165 + $20,134
$32,299
$4,276
2009$14,541 + $17,758
$32,299
$4,140
2007$18,782 + $8,035
$26,817
$3,198

Price Changed 2024-05-08
$2,990,000
MyStateMLS
Price Changed 2024-03-22
$3,100,000
MyStateMLS
Listed 2024-03-04
$2,950,000
MyStateMLS
Listing removed 2015-05-12
$3,299
AppfolioUnits
Listed for rent 2015-04-24
$3,299
AppfolioUnits
Sold 2003-06-10
$495,000
Public Record
Sold 2003-04-15
$235,000
Public Record

Total Square Feet Living: 4264
Year Built: 1931
Property Age: 93
Levels or Stories: 4
Year Remodeled: 2019

Ps 23 Carter G Woodson is a public elementary school located approximately 0.2 miles away.
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Success Academy Bed-Stuy 1 is a public elementary and middle school located approximately 0.2 miles away.
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George H Murray Christian Academy is a private elementary and middle school located approximately 0.2 miles away.
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Urban Dove Charter School is a public high school located approximately 0.5 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.