Keller Williams Realty Elite - The Masaitis Team
1/1
Listing Courtesy Of: Corcoran Group, Rodolfo Lucchese
Local Realty Services Provided By: Keller Williams NYC
Overview
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$1,649,000
642 CLASSON Avenue, New York City, NY 11238
4 Beds
4 Baths
2,720 sq ft
.05 ac
$1,649,000

642 CLASSON Avenue, New York City, NY 11238

Estimation provided by Keller Williams Realty Inc.
4 Beds
4 Baths
2,720 sq ft
.05 ac
pending
For Sale
Keller Williams Realty Advantage Fair Housing

Property Description

Amazing Opportunity to create your Dream Home! This four story, 20.3 wide brick building has 4,053 unused FAR according to Propertyshark and offers a tremendous advantage/build-out to your project! (the garden level is a combination of living space in the back leading to the garden and mechanicals in the front) This property is in a prime location close to Prospect Park, minutes to Prospect Heights and is in close proximity to many shops, restaurants, cafes and lounges! Please bring your architect and contractor and please see below from the owner:

We purchased 642 Classon with the intention of renovating it for ourselves, but the pandemic, work, and a growing family slowed the process down. We're now happily ensconced since we relocated and have decided to stay instead of building our dream home in Crown Heights. We also purchased the 20" wide lot on the north side of the building which runs the length of the full 100 lot (it's separately deeded) and are offering the two parcels together. Please note that 5 inches of the 20 inch parcel fall within the confines of the north wall of the building. Please also note that the north wall of the building (the side that runs along the staircases) has structural issues that will need to be addressed first. The wall needs to be stabilized or rebuilt before other repairs or changes can be made to the property. We were aware of the issue when we purchased the building but didn't move forward with repairs prior to selling because we did not want to limit a potential buyer's options to utilize the alley to expand the building if they desired to. We simply loved the idea of having a larger back yard!

Lastly, please note that any such expansion may require excavation and please consult with your architect and engineer for full details and requirements.

Property Details

Compare This Home
Overview
Property Type
Multi Family
Property Size
2,720 sq ft
Year Built
1920
Days on Site
379 Days
Parking
No
The Masaitis Team
Keller Williams Realty Elite
10401246877

Activity History

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Upcoming Open Houses
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Purchase Price: $1,649,000
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Price & Tax History

Date
Event
Price
03/14/2024
Listed
$1,649,000
(+6.39%)
11/09/2021
Sold
$1,550,000
(+638.1%)
01/06/1998
Sold
$210,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2024
$3,224
(+0.91%)
$99,600
Land 24,300 + Additions 66,660
2023
$3,195
(+4.81%)
$99,600
Land 24,300 + Additions 75,300
2022
$3,048
(-48.91%)
$104,700
Land 24,300 + Additions 80,400
2021
$5,965
(+110.71%)
$80,820
Land 24,300 + Additions 56,520
2020
$2,831
(+1.19%)
$90,060
Land 24,300 + Additions 65,760
2019
$2,798
(+9.75%)
$90,060
Land 24,300 + Additions 65,760
2017
$2,550
$13,255
Land 2,999 + Additions 10,256
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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The Masaitis Team
Keller Williams Realty Elite
10401246877

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