NOT LISTED FOR SALE

Estimated Value: $2,619,220 - $3,719,000

3 Beds
2 Baths
1,946 Sq Ft
$2,626/mo HOA Fee

Last Sold July 15, 2021

Last sale price $2,825,000 $1,452 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $19,223/month

43 Days on Market

Highlights

  • Rooftop Deck
  • 4-minute walk to Grand Army Plaza
  • Balcony
  • P.S. 9 The Sarah Smith Garnet School Rated A
  • River View
  • New Windows

About This Home

As of July 2021

Fall in love with your new home and your panoramic views from one of the top floors at Richard Meier on Prospect Park - the architectural masterpiece and one of the most desirable addresses in Brooklyn.

Residence 11F offers a sweeping corner great room with a lush panorama as far as the eye can see. Walk into the spacious foyer and be amazed by the Southern exposure and the light in your pristine Chef's kitchen and the 27-foot wide living room. Just under 2,000 SF, this corner three bedroom has everything for your quiet enjoyment and world class entertainment, while offering the perfect separation between your sleeping and living quarters. Signature design, craftsmanship throughout and sophisticated minimalism make this home a perfect backdrop for your individual style. The panoramic airy Chef's kitchen features Corian countertops, oversized breakfast bar, custom designed millwork and top-of-the-line appliances (Sub-Zero, Gaggenau, Miele). Exceptionally quiet floor-to-ceiling windows and high ceilings create an illusion of floating in the air while providing for breathtaking views and dramatic winter sunsets. The Great Room wraps all the way around the South-Eastern corner of the building with a private balcony overlooking both Mount Prospect Park and Brooklyn skyline.

The master suite and the two bedrooms are separated by the wide corridor with a wall space for any works of art of your choice. The second and third bedrooms share a full bathroom with a combination of a bathtub and a shower with each bedroom featuring a good size closet. A truly grand master suite (15'5' x 13'7') comes with a wall of closets including a custom made shoe closet and a spacious en-suite spa-like bathroom featuring luxurious Thassos marble, radiant heated floors, two person Zuma jacuzzi tub, Dornbracht fixtures and a separate walk-in shower with a rainfall showerhead. Quiet Brooklyn skyline views add to the perfection and serenity of this room. Additional features for the residence include a multi-zoned AC system, new washer / dryer and a large private storage unit. A 421a tax abatement is in effect until 2035.

Designed by Pritzker Prize-winning architect Richard Meier, the building features unparalleled amenities including live-in super, 24-hour doorman and porters, on-sight attended parking garage (additional fee), conference room, residents' lounge, billiard's room, impeccable playroom, bike storage, and a stunning roof terrace designed by Brook Landscape with an outdoor kitchen, grills and panoramic views of the city, Grand Army Plaza and Prospect Park. The building's lobby is an art gallery with a curated, revolving art collection.

Perfectly located on the border of Park Slope and Prospect Heights, you are in the cultural hub of Brooklyn being surrounded by Brooklyn Museum, Grand Army Farmers Market, Prospect Park, Botanic Garden with its cherry blossoms, Brooklyn Public Library, and endless fabulous restaurants a few short blocks away (e.g. Olmstead, Faun, Oxalis, Katsuei, Maison Yaki, Lowerline, Milk Bar just to name a few).

Last Agent to Sell the Property

Tatiana Gorelick

Compass License #10401249844 Listed on: 02/23/2021

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $288

Year Built

  • Built in 2008

HOA Fees

  • $2,626 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 11th floor

Interior Spaces

  • 1,946 Sq Ft Home
  • New Windows
  • Entrance Foyer
  • River Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Balcony
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7502 / 1172

Community Details

Overview

  • On Prospect Park Condos
  • Prospect Heights Subdivision
  • 15-Story Property

Amenities

  • Rooftop Deck
  • Community Garden
  • Courtyard
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$288

Year Built

Built in 2008

Lot Details

0

HOA Fees

$2,626 per month

Listing Details

  • Cross Street: Plaza Street East/Eastern Parkway
  • Exposures: East,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Prospect Heights
  • Entry Level: 11
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 15

Interior Features

  • Interior Features: Entrance Foyer
  • Appliances: Dryer, Washer
  • Living Area: 1946.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5
  • Accessibility Features: Wheelchair Access
  • Window Features: New Windows

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 3

Exterior Features

  • View: River
  • View: Yes
  • Exterior Features: Building Courtyard, Building Garden, Balcony, Building Roof Deck
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2626.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Building Name: On Prospect Park
  • Total Stories: 15
  • Year Built: 2008

Tax Info

  • Tax Block: 1172
  • Tax Lot: 7502
  • Tax Annual: 288.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2021
Closed on
Jul 7, 2021
Sold by
Shah Jatin P
Bought by
Andraos Philip Farid and Mysore Navya Mohan
Seller's Agent
Tatiana Gorelick
Compass
List Price
$2,825,000
Sold Price
$2,825,000
Current Estimated Value
$3,138,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,305
Avg. Annual Appreciation
2.54%
Original Mortgage
$2,260,000
Outstanding Balance
$2,059,470
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,078,835

Purchase Details

Closed on
Dec 2, 2016
Sold by
Shah Bharti
Bought by
Shah Bharti and Shah Jatin P

Purchase Details

Closed on
Nov 18, 2012
Sold by
Brown Mili Shah and Shah Jatin P
Bought by
Shah Bharti

Purchase Details

Closed on
Aug 9, 2012
Sold by
Seventeen Development Llc
Bought by
Brown Mili Shah and Shah Jatin P
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Andraos Philip Farid $2,825,000 --
Shah Bharti -- --
Shah Bharti -- --
Brown Mili Shah $1,975,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andraos Philip Farid $2,260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2021 07/15/21 Sold $2,825,000 0.0% $1,452 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
02/23/2021 02/23/21 For Sale $2,825,000 +54.8% $1,452 / Sq Ft
01/29/2015 01/29/15 Sold -- -- --
12/30/2014 12/30/14 Pending -- -- --
01/05/2012 01/05/12 For Sale $1,825,000 -- $938 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $292 $198,163 $5,146 $193,017
2024 $292 $190,044 $5,146 $184,898
2023 $286 $166,123 $5,146 $160,977
2022 $286 $144,810 $5,146 $139,664
2021 $282 $97,949 $5,146 $92,803
2020 $289 $116,035 $5,146 $110,889
2019 $292 $109,037 $5,146 $103,891
2018 $297 $107,488 $5,146 $102,342
2017 $297 $101,654 $5,146 $96,508
2016 $301 $75,764 $5,145 $70,619
2015 $235 $74,547 $5,156 $69,391
2014 $235 $70,590 $5,156 $65,434
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10743248

Real Estate Board of New York (REBNY)

APN: 01172-1182