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Sold
  • $1,173,000

    163 Chestnut St, Brooklyn, NY 11208

    11beds
    4,038sqft
    Multi Family
    Built in 1901
    -- sqft lot
    $1,340,100 Zestimate®
    $290/sqft
    $3,056 Estimated rent

    Home value

    $1,340,100

    $1.23M - $1.47M

    $3,056/mo

    Zestimate® history
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    $3,056/mo

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    $7,060/mo

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    $7,060/mo

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    What's special

    Welcome to 163 Chestnut Street Brooklyn, New York. This beautiful brownstone is located on a tree-lined block in the heart of Cypress Hills with a charm unique to Brooklyn. This legal three-family has three full floor-through apartments with double and triple entry ways. All kitchens and bathrooms were fully renovated boasting new appliances, high ceilings, recessed lighting, hardwood floors, all new elongated windows with custom window treatments allowing for beautiful sunlight to flood in. With loads of original detail, all units are approximately 1100 Square feet with the top two floors offering three bedrooms convertible to four. The Garden level is unusually spacious with two-and-a-half bedrooms and the potential to be an owner's duplex connecting to the basement. Access your vast outdoor area directly from your first-floor kitchen and the basement, with plenty of room to garden, BBQ, and entertain on those beautiful Brooklyn spring and summer days or even fall and winter with a heating lamp. The partially finished basement has a separate entrance to the backyard with endless potential. Design your own space in the basement which has been partially finished with sheet rock already up and plumbing in place. Again, with potential to be combined with the first floor as an owner's duplex; with lots of space to add multiple rooms such as a media room, recreation room, den, office, study, fitness area, library, or whatever you can think of. You are surrounded by a plethora of retail stores, super markets, and restaurants. Just a stroll away from the renowned Highland Park where you can enjoy Summer concerts and picnics. The J and Z train at Crescent Street Station provides approximately 15-minute ride into lower Manhattan while the local B13 and Q24 Buses make traveling a cinch. Great opportunity for a buyer looking to reside here while earning double income or an investor who desires triple income. This Multi-family qualifies for a rate of 4.75% on a 30-year fixed loan as well as $4000 credit towards closing with First Republic Bank's Eagle program. Must be primary residence to qualify. This opportunity is too good to pass up. Make your appointment today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Corcoran,

    Aurora Singleton

    Source: StreetEasy,MLS#: S1638816

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Features
    • Flooring: Hardwood
    • Fireplace features: Decorative
    Interior area
    • Total structure area: 4,038
    • Total interior livable area: 4,038 sqft

    Property

    Features
    • Patio & porch: Other
    • Exterior features: Courtyard, Garden
    • Has view: Yes
    • View description: Garden
    Details
    • Parcel number: 041280018
    • Special conditions: Resale

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1901

    Community & neighborhood

    Location
    • Region: Brooklyn
    • Subdivision: Cypress Hills

    Price history

    DateEventPrice
    7/26/2023Sold$1,173,000+2%$290/sqft
    Source: Public Record Report a problem
    3/9/2023Pending sale$1,150,000$285/sqft
    Source: StreetEasy Report a problem
    2/26/2023Price change$1,150,000-23.3%$285/sqft
    Source: StreetEasy Report a problem
    12/15/2022Price change$1,500,000+50.3%$371/sqft
    Source: StreetEasy Report a problem
    12/6/2022Listed for sale$998,000$247/sqft
    Source: StreetEasy Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,948 +4.6%$54,360 +3%
    2024$7,599 $52,800 -12.3%
    2023-- $60,180 +10%
    2022-- $54,720 -4.1%
    2021-- $57,060 +25.8%
    2020$7,066 +5.9%$45,360
    2019$6,674 +2.2%$45,360 +45.2%
    2018$6,533 +8.8%$31,230 +6%
    2017$6,007 +10.4%$29,467 +5.9%
    2016$5,441 $27,825 +0%
    2015$5,441 +73.7%$27,817 +5.9%
    2014$3,133 $26,275 +1%
    2013-- $26,025 +6%
    2012-- $24,556 +5.9%
    2011-- $23,188 +0%
    2010-- $23,181 +5.9%
    2009-- $21,896 +1%
    2008-- $21,688 +6%
    2007-- $20,464 +5.9%
    2006-- $19,324 +0%
    2005-- $19,318 +5.9%
    2004-- $18,247 +1%
    2003-- $18,074 +6%
    2002-- $17,054 +5.9%
    2001-- $16,104 +0%
    2000-- $16,099

    Find assessor info on the county website

    Neighborhood: East New York

    Nearby schools

    GreatSchools rating