NOT LISTED FOR SALE

Estimated Value: $632,000 - $824,000

-- Bed
1 Bath
462 Sq Ft
0.31 Acres

Last Sold September 08, 2021

Last sale price $605,000 $1,310 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,543/month

Highlights

  • Central Air
  • 3-minute walk to Nevins Street
  • Garage
  • P.S. 38 The Pacific School Rated A-

About This Home

As of October 2021

This beautifully appointed studio home hovers gracefully above downtown Brooklyn from its perch on the 20th floor of The Brooklyn Grove, a brand-new modern condominium on Nevins Street. Step inside and you are welcomed by wide-plank oak wood flooring throughout and warm light from the deep and dramatically framed oversized windows. The gourmet kitchen showcases rift oak cabinetry and Caesarstone countertops, highlighted with antique brass hardware. The neutral-toned bathroom embraces you with marble and an oak vanity and Waterworks fixtures. There is a full closet and your very own washer and dryer within the unit.

The Grove, as it's fondly referred to, is a 27-storey condominium located at the crossroads of Boerum Hill, Fort Greene and Brooklyn Heights. Amenities include a 24-hour concierge, lounge with gas fireplace, pool table and screening area, a 40-foot skylit indoor pool, private dining room, fitness center with studio for yoga, imaginative children's playroom, rooftop lounge with BBQ grills, pet spa, and package and bicycle storage.

Downtown Brooklyn is a central hub to all things New York City. From local eateries to world-famous chefs, from well-known shops to born-and-bred Brooklyn exclusives, and from cultural icons to rare cultural experiences, you are connected to it all. Near to Fort Greene Park and multiple transportation lines including 2, 3, 4, 5, B, Q, R and a few blocks from Atlantic Terminal.

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,821

Year Built

  • Built in 2019

Lot Details

  • 0.31

Parking

  • Garage

Home Design

  • 462 Sq Ft Home
  • Entry on the 20th floor

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Additional Features

  • 1 Full Bathroom
  • Central Air

Community Details

  • 184 Units
  • Downtown Brooklyn Subdivision
  • 27-Story Property

Listing and Financial Details

  • Property Available on 10/1/21
  • Tax Block 00161

Condo Details

Home Type

Condominium

Est. Annual Taxes

$8,821

Year Built

Built in 2019

Lot Details

0

Rental Info

  • Available Date: 2021-10-01

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Downtown Brooklyn
  • Entry Level: 20
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 27

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 462.0
  • Living Area Units: Square Feet
  • Rooms (Total): 1

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Garage/Parking

  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: Condominium

Lot Info

  • Lot Size Area: 9604.0
  • Lot Size Dimensions: 62.0 x 90.0

Building Info

  • New Construction: No
  • Units: 184
  • Total Stories: 27
  • Year Built: 2019

Tax Info

  • Tax Block: 00161

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Sep 8, 2021
Sold by
Nevins Street Owner Llc
Bought by
Hsiung Douglas and Wang-Hsiung Amy
Sold Price
$2,995
Current Estimated Value
$717,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$714,641
Avg. Annual Appreciation
4.24%
Original Mortgage
$453,750
Interest Rate
3.01%
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
Hsiung Douglas $608,054 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hsiung Douglas $453,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/06/2022 12/06/22 Off Market $2,995 -- --
10/14/2021 10/14/21 Rented -- -- --
10/14/2021 10/14/21 Rented $2,995 0.0% --
09/14/2021 09/14/21 Under Contract -- -- --
09/10/2021 09/10/21 For Rent $2,995 0.0% --
09/08/2021 09/08/21 Sold $605,000 0.0% $1,310 / Sq Ft View Prior Sale
08/09/2021 08/09/21 Pending -- -- --
10/10/2018 10/10/18 For Sale $605,000 -- $1,310 / 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 $8,821 $94,180 $3,765 $90,415
2024 $8,821 $82,442 $3,765 $78,677
2023 $8,218 $74,678 $3,765 $70,913
2022 $8,023 $75,716 $3,765 $71,951
2021 $7,158 $58,350 $3,765 $54,585
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10878504

Real Estate Board of New York (REBNY)

APN: 00161-1152