NOT LISTED FOR SALE

Estimated Value: $1,664,000 - $2,541,000

2 Beds
2 Baths
1,547 Sq Ft
$1,745/mo HOA Fee

Last Sold December 12, 2013

Last sale price $1,550,000 $1,002 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $12,782/month

60 Days on Market

Highlights

  • Rooftop Deck
  • 4-minute walk to Grand Army Plaza
  • Eat-In Kitchen
  • P.S. 9 The Sarah Smith Garnet School Rated A
  • Balcony
  • Views

About This Home

As of December 2013

Combining an unbeatable location overlooking Brooklyns Champs-lyses with the boroughs most architecturally striking design, Richard Meiers eponymous glass tower has quickly become one of the most desirable addresses in all of New York. This spacious, two-bedroom corner residence truly defines the term form and function.

Full-length walls of glass flood the apartment with natural light from dual northern and southern exposures while providing up-close views of Prospect Park and the Brooklyn Museum. High ceilings, wide plank white oak flooring and clean lines create a bright and voluminous environment anchored by an impeccable set of modernist details. The generous layout of the 1,547-square-foot home features a split bedroom configuration and a sprawling great room, as well as two bathrooms, a sizable bonus room and ample storage space. Encompassing a kitchen, dining room and living room, the open-plan great room is the showpiece of the apartment, loaning an enormous sense of space while providing for stylish entertaining with sweeping plaza views.

Acclaimed architect Meiers commitment to seamless luxury is nowhere more apparent than in the top-of-the-line kitchen and spa-like bathrooms of this residence. Generously proportioned, each is bathed in Meier White and features the absolute highest-quality finishes and appliances: Sub-Zero, Gagganeau, Miele, Dornbracht, Thassos, Duravit, Zuma and Corrian to name a few.

The luxury condominiums full array of amenities include full-time doormen and porters, on-site attended parking, meeting room, billiards room, childrens room, deeded storage, bike room, laundry, roof-top deck with outdoor kitchen, a revolving art show, and access to a 30,000-square-foot health club.

1 Grand Army Plaza offers the most enviable location in all of Brooklyn, with Prospect Park, the Brooklyn Museum, Botanic Garden and Brooklyn Library all directly outside your door. The new Barclays Center is within walking distance, as are many of the groundbreaking restaurants of the New Brooklyn culinary movement, while the 2/3/B/Q trains provides transportation to Manhattan in minutes.

A 25-year 421a real estate tax abatement is in effect.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $252

Year Built

  • Built in 2008

HOA Fees

  • $1,745 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 1,547 Sq Ft Home
  • Entry on the 4th floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Eat-In Kitchen
  • Balcony
  • Central Air
  • Property Views

Listing and Financial Details

  • Tax Block 1183

Community Details

Overview

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

Amenities

  • Rooftop Deck
  • Building Terrace
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$252

Year Built

Built in 2008

Lot Details

0

HOA Fees

$1,745 per month

Listing Details

  • Cross Street: Plaza Street East and Eastern Parkway
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Prospect Heights
  • Entry Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 16

Interior Features

  • Interior Features: Eat-in Kitchen
  • Appliances: Dryer, Washer
  • Living Area: 1547.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • View: Park/Greenbelt
  • View: Yes
  • Exterior Features: Balcony, Building Roof Deck
  • Patio/Porch Features: Building Terrace, Balcony, Rooftop

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1745.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: On Prospect Park
  • Total Stories: 16
  • Year Built: 2008

Tax Info

  • Tax Block: 1183
  • Tax Annual: 252.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2021
Sold by
O'Meara James
Bought by
O'Meara Rachel
Current Estimated Value
$2,086,481

Purchase Details

Listed on
Sep 12, 2013
Closed on
Dec 12, 2013
Sold by
Baker Howard Gregory and Decoteau Jenelle June
Bought by
O'Meara James and O'Meara Rachel
List Price
$1,550,000
Sold Price
$1,550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.32%
Original Mortgage
$700,000
Outstanding Balance
$525,140
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,753,404

Purchase Details

Closed on
Aug 20, 2009
Sold by
Seventeen Development Llc and % Procida Realty And Construction Corp
Bought by
Baker Howard Gregory and Decoteau Jenelle June

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,000
Interest Rate
5.21%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
O'Meara Rachel $1,550,000 --
O'Meara James $1,550,000 --
O'Meara James $1,550,000 --
Baker Howard Gregory $1,003,500 --
Baker Howard Gregory $1,003,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open O'Meara James $325,000
Open O'Meara James $700,000
Closed O'Meara James $700,000
Previous Owner Baker Howard G $8,050
Previous Owner Baker Howard Gregory $5,762
Previous Owner Baker Howard Gregory $729,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2013 12/12/13 Sold $1,550,000 0.0% $1,002 / Sq Ft
11/12/2013 11/12/13 Pending -- -- --
09/13/2013 09/13/13 For Sale $1,550,000 -- $1,002 / 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 $232 $157,532 $4,091 $153,441
2024 $232 $151,079 $4,091 $146,988
2023 $232 $132,062 $4,091 $127,971
2022 $228 $115,119 $4,091 $111,028
2021 $224 $77,866 $4,091 $73,775
2020 $229 $92,244 $4,091 $88,153
2019 $232 $86,681 $4,091 $82,590
2018 $236 $85,449 $4,091 $81,358
2017 $236 $80,811 $4,091 $76,720
2016 $239 $60,230 $4,091 $56,139
2015 $187 $59,263 $4,099 $55,164
2014 $187 $56,117 $4,099 $52,018
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10085124

Real Estate Board of New York (REBNY)

APN: 01172-1132