NOT LISTED FOR SALE

Estimated Value: $511,000 - $569,000

2 Beds
1 Bath
433 Sq Ft
$399/mo HOA Fee

Last Sold July 08, 2024

Last sale price $505,000 $1,166 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,648/month

14 Days on Market

About This Home

As of July 2024

Brooklyn Condo Charm & Perfection at True Value!

Fully equipped with all the modern conveniences, this Crown Heights RESALE Condo unit is an ideal purchase choice for investors, first time home buyers, and as a pied a terre. Co-purchasing, Parents buying for Children, Pied a terres, and Sublets are all allowed as well as 90% financing.

Unit 2C is a renovated Two Bedroom (2BR) One Bathroom (1Bath). Every detail has been considered to maximize design and comfort whilst maintaining the unit's thoughtful two bedroom layout. You can't help but feel inspired! The main living entertainment space provides comfortable functionality with an open kitchen, dining and living room areas. The modern kitchen features customized cabinetry and an all new appliance package including a Summit combo Washer/Dryer, Cosmo microwave, Honeywell dishwasher and a Summit gas range and Refrigerator. The bathroom is tastefully designed and fitted with sleek and modern finishes. Two generous sized bedrooms round out this picture perfect home. Beautiful hardwood floors throughout, a plethora of windows, abundant closet and storage space. Baseboard heating costs are included in the common charges. All the upgrades, features and layout make this stylish condo a must-see in Crown Heights!

1062 Bergen St is a 16-unit classically converted condominium located on a tree lined street and a quintessential Brooklyn block. Building amenities include a Central Laundry room and Bike storage. Just a few blocks from Prospect Heights and gorgeous Prospect Park, you will be surrounded by the classic serenity of Brownstone Brooklyn and the energy of the culturally diverse communities of both Crown Heights and Prospect Heights with superb dining, craft cocktail joints, home-made marketplaces, and destination hang-outs. Local favorites include Friends & Lovers, Bearded Lady, Ode to Babel, Mayfield, Tom's, Bearded Lady, Little Zelda, Barboncino Pizza, and Cafe Cotton Bean. Transportation: A/C at Nostrand Ave is only 4 blocks away, only 3 blocks to the S at Park Place, and just 6 blocks to the 2/3 & 4/5 at Nostrand Ave, allowing for an easy commute to Manhattan.

Please note that there is an assessment of $133.85/month until 10/31/2024.

Last Agent to Sell the Property

Allison Dubuisson

Douglas Elliman Real Estate License #10301217375 Listed on: 03/25/2024

Douglas Elliman Real Estate

Co-Listed By

Giuseppe Airo

Douglas Elliman Real Estate License #10401307623

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,094

Year Built

  • Built in 1900

Lot Details

  • 871

HOA Fees

  • $399 Monthly HOA Fees

Interior Spaces

  • 433 Sq Ft Home
  • 4-Story Property
  • City Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer Dryer Allowed

Utilities

  • Window Unit Cooling System

Community Details

  • 16 Units
  • Crown Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 1007 / 01219

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,094

Year Built

Built in 1900

Lot Details

0

HOA Fees

$399 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Crown Heights
  • Architectural Style: Walk-Up
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 433.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None, In Unit
  • Cooling: Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 399.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 16
  • Total Stories: 4
  • Year Built: 1900

Tax Info

  • Tax Block: 01219
  • Tax Lot: 1007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2024
Closed on
Jul 8, 2024
Sold by
Tloa Mortgage Llc
Bought by
Gilbert Matthew
Seller's Agent
Allison Dubuisson
Douglas Elliman Real Estate
List Price
$515,000
Sold Price
$505,000
Premium/Discount to List
-$10,000
-1.94%
Views
55
Current Estimated Value
$549,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,000
Avg. Annual Appreciation
7.67%
Original Mortgage
$404,000
Outstanding Balance
$399,856
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$149,144

Purchase Details

Closed on
Oct 4, 2023
Sold by
Russo Esq. Referee Bart
Bought by
Tloa Mortgage Llc

Purchase Details

Closed on
Jul 18, 2017
Sold by
Tyc Realty Inc
Bought by
Bergen 2C 1062 Llc

Purchase Details

Closed on
Apr 8, 2011
Sold by
Santos-Nunez Mario
Bought by
Tyc Realty Inc

Purchase Details

Closed on
Mar 8, 2007
Sold by
Griffin Mary
Bought by
Santos-Nunez Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,600
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

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 25, 2002
Sold by
Ctc Group Inc
Bought by
Moore Catherine

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
Gilbert Matthew $505,000 --
Tloa Mortgage Llc $15,388 --
Tloa Mortgage Llc $15,388 --
Bergen 2C 1062 Llc $365,000 --
Bergen 2C 1062 Llc $365,000 --
Tyc Realty Inc $5,000 --
Tyc Realty Inc $5,000 --
Santos-Nunez Mario $240,000 --
Santos-Nunez Mario $240,000 --
Griffin Mary $185,000 --
Griffin Mary $185,000 --
Moore Catherine -- --
Moore Catherine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilbert Matthew $404,000
Previous Owner Bergen 2C 1062 Llc $240,000
Previous Owner Santos-Nunez Mario $237,600
Previous Owner Griffin Mary $166,500
Previous Owner Moore Catherine $123,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2024 07/08/24 Sold $505,000 -1.9% $1,166 / Sq Ft
06/10/2024 06/10/24 Off Market $515,000 -- --
04/09/2024 04/09/24 Pending -- -- --
03/25/2024 03/25/24 For Sale $515,000 -- $1,189 / 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 $2,893 $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 $2,542 $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: RLS10995256

Real Estate Board of New York (REBNY)

APN: 01219-1007