NOT LISTED FOR SALE

Estimated Value: $508,000 - $576,000

2 Beds
1 Bath
433 Sq Ft
$347/mo HOA Fee

Last Sold January 08, 2021

Last sale price $455,000 $1,051 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,544/month

114 Days on Market

About This Home

As of January 2021

Located in the pulsating heart of Crown Heights, residence #1C at 1062 Bergen Street is a completely renovated, elegantly designed 2BR apartment with custom upgrades that include a stainless steel kitchen with microwave and custom cabinetry, full-sized electric W/D and brand-new stall shower. Boasting a flexible layout, the apartment can be used as a 2BR or as a 1BR with separating dining area across from the kitchen...all at an asking price under 500K! Hardwood floors, a plethora of windows, excellent closet space and exceedingly low monthlies complete the picture; baseboard heating and hot water are included in the common charges.

A converted 16-unit condominium on a prototypical tree-lined block, 1062 Bergen St is completely pet-friendly and offers tranquility right near all of the action. Building amenities include a central laundry room, common backyard and bike storage. You'll find yourself surrounded by calm and energy alike; the bustling social scenes of both Crown Heights and Prospect Heights await you, offering an array of fine dining, energetic bars and lush greenery. Nearby transportation includes the S train at Park Place; the A/C at Nostrand Avenue; and the the 2/3/4/5 at Nostrand, allowing for a quick commute into Manhattan. 3D tour available! Contact us today!

Co-Listed By

Gabriel Leibowitz

Douglas Elliman Real Estate License #10301211853

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,388

Year Built

  • Built in 1900

Lot Details

  • 871

HOA Fees

  • $347 Monthly HOA Fees

Home Design

  • 433 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • South Facing Home
  • No Cooling

Community Details

  • Crownhei Subdivision

Listing and Financial Details

  • Tax Block 1219

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,388

Year Built

Built in 1900

Lot Details

0

HOA Fees

$347 per month

Listing Details

  • Cross Street: Nostrand Ave
  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: CROWNHEI
  • Entry Level: 1
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Living Area: 433.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 2

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 347.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Year Built: 1900

Tax Info

  • Tax Block: 1219
  • Tax Annual: 2388.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2020
Closed on
Jan 7, 2021
Sold by
Ferguson David
Bought by
Tafuri Giovanni
List Price
$495,000
Sold Price
$455,000
Premium/Discount to List
-$40,000
-8.08%
Total Days on Market
114
Current Estimated Value
$539,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,283
Avg. Annual Appreciation
3.74%
Original Mortgage
$237,500
Outstanding Balance
$212,938
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$326,345

Purchase Details

Listed on
Sep 5, 2018
Closed on
Jan 31, 2019
Sold by
Brooklyn Land Properties Llc
Bought by
Ferguson David
Seller's Agent
Allison Dubuisson
Douglas Elliman Real Estate
List Price
$485,000
Sold Price
$478,000
Premium/Discount to List
-$7,000
-1.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.51%

Purchase Details

Closed on
Oct 13, 2016
Sold by
Goldberg Sager Esq Karen
Bought by
Brooklyn Land Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2011
Sold by
The Borrower'S Advocate Inc
Bought by
Lucky'S Real Estate Group Llc

Purchase Details

Closed on
Oct 21, 2005
Sold by
Moore Catherine
Bought by
Griffin Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 2002
Sold by
Ctc Group Inc
Bought by
Catherine Moore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
6.82%
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
Tafuri Giovanni $455,000 --
Tafuri Giovanni $455,000 --
Ferguson David $478,000 --
Ferguson David $478,000 --
Brooklyn Land Properties Llc $310,000 --
Brooklyn Land Properties Llc $310,000 --
Lucky'S Real Estate Group Llc $165,000 --
Lucky'S Real Estate Group Llc $165,000 --
The Borrower'S Advocate Inc $130,000 --
Griffin Mary $185,000 --
Griffin Mary $185,000 --
Catherine Moore -- --
Catherine Moore -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tafuri Giovanni $237,500
Closed Tafuri Giovanni $237,500
Previous Owner Brooklyn Land Properties Llc $250,000
Previous Owner Griffin Mary $166,500
Previous Owner Moore Catherine $123,500
Previous Owner Catherine Moore $123,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2021 01/08/21 Sold $455,000 -8.1% $1,051 / Sq Ft
10/14/2020 10/14/20 Pending -- -- --
06/22/2020 06/22/20 For Sale $495,000 +3.6% $1,143 / Sq Ft
01/31/2019 01/31/19 Sold $478,000 -1.4% $1,104 / Sq Ft
09/06/2018 09/06/18 Pending -- -- --
09/05/2018 09/05/18 For Sale $485,000 -- $1,120 / 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 $3,094 $25,233 $3,555 $21,678
2024 $3,094 $30,479 $3,555 $26,924
2023 $2,839 $27,893 $3,555 $24,338
2022 $2,679 $24,288 $3,555 $20,733
2021 $2,342 $19,093 $3,555 $15,538
2020 $1,250 $22,001 $3,555 $18,446
2019 $2,409 $22,449 $3,555 $18,894
2018 $2,177 $21,653 $3,555 $18,098
2017 $1,928 $19,938 $3,555 $16,383
2016 $1,751 $17,576 $1,516 $16,060
2015 $379 $13,922 $1,517 $12,405
2014 $379 $12,530 $1,517 $11,013
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10640497

Real Estate Board of New York (REBNY)

APN: 01219-1003