NOT LISTED FOR SALE

Estimated Value: $369,000 - $2,207,000

3 Beds
2 Baths
-- Sq Ft
$1,320/mo HOA Fee

Last Sold June 16, 2023

Last sale price $1,990,000

Est. 29% decrease in value since last sale

Current estimated payment $11,339/month

157 Days on Market

Highlights

  • Full Time Concierge
  • 1-minute walk to Hoyt Street (2,3 Line)
  • Bathroom is in excellent condition
  • New Construction
  • River View
  • Kitchen is in excellent condition

About This Home

As of June 2023

Tishman Speyer's 11 Hoyt sets Brooklyn's new standard for architecture and design. The graceful 57-story tower, offering studio to four-bedroom luxury residences and more than 55,000 sq ft of unrivaled indoor and outdoor amenities, is an extraordinary work of architecture and design. A true collaboration among three celebrated world-class firms-architecture by Jeanne Gang's Studio Gang, interiors by Michaelis Boyd Associates, and landscape architecture by Hollander Design-11 Hoyt is a visionary building that looks to the future while drawing inspiration from Brooklyn's rich architectural history and creative spirit.

This three-bedroom, two-bathroom corner residence on the 31st floor features North and West views of vibrant Downtown Brooklyn cityscape and is centered on a spacious open plan living/dining room outfitted in 11 Hoyt's Heritage palette. Sophisticated and richly hued this residence features dark-stained oak wide-plank floors throughout and lofty 10' ceilings. The kitchen comes fully equipped with a premium Bosch appliance package including a refrigerator and dishwasher, vented stovetop exhaust fan and gas cooktop, custom light grey satin-lacquer cabinets with blackened steel accents, honed Italian lava stone countertops and backsplash, and custom fixtures in an oil rubbed bronze finish. The master suite features a large bay window as well as an ample sized walk-in closet and an elegant ensuite master bathroom that includes a walk-in shower, bespoke dark-stained double oak vanity with white ceramic basin and blackened metal frame, oil rubbed bronze fixtures, Italian white Calacatta marble floors with radiant heat and crackle-glazed ceramic wall tiles in a soothing sage green hue. Spacious window seats in the second and third bedrooms provide an ideal setting for reading or relaxing. The second bathroom features cool white glazed ceramic wall tiles, grey Italian Bardiglio marble floors and bathtub surround and a custom dark-stained oak vanity with oil rubbed bronze fixtures. This home also includes a Bosch Washer & Dryer, WiFi-enabled smart thermostats, USB outlets in select locations, and Latch smart entry door locks.

Last Agent to Sell the Property

11 Hoyt Sales Gallery

Corcoran Group License #Z Listed on: 11/03/2022

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $24,960

Year Built

  • Built in 2020 | New Construction

Lot Details

  • West Facing Home
  • Property is in excellent condition

HOA Fees

  • $1,320 Monthly HOA Fees

Parking

  • Garage

Property Views

  • River

Home Design

  • Sponsor Unit

Interior Spaces

  • Dining Room Alcove
  • Kitchen is in excellent condition
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom is in excellent condition
  • 2 Full Bathrooms

Eco-Friendly Details

  • Green Building
  • Smoke Free Home

Utilities

  • Central Air

Listing and Financial Details

  • Tax Block 00157

Community Details

Overview

  • 481 Units
  • 5 Elevators
  • High-Rise Condominium
  • 11 Hoyt Condos
  • Downtown Brooklyn Subdivision
  • The community has rules related to allowing pied a terres
  • 52-Story Property

Amenities

  • Full Time Concierge
  • Full Time Doorman

Pet Policy

  • Pets Allowed In Building

Property Details

Home Type

Condominium

Est. Annual Taxes

$24,960

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$1,320 per month

Listing Details

  • Exposures: West
  • Delivered Vacant: Yes
  • SponsorUnitYN: Yes
  • BuildingRules: BuildingWasherDryerAllowed, PiedATerreAllowed
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Downtown Brooklyn
  • Entry Level: 31
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • BuildingPetsAllowed: BuildingYes
  • GarageSpacesAssignedYN: No
  • BuildingSmokeFreeYN: Yes
  • GreenBuildingYN: Yes
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 52

Interior Features

  • Fireplace: No
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other
  • Dining Type: Alcove
  • Kitchen Condition: Excellent
  • Floor Number: 31

Beds/Baths

  • Bathroom Condition: Excellent
  • Bathrooms Total: 2.0
  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 3

Exterior Features

  • View: City, River, Skyline
  • View: Yes
  • Patio/Porch Features: None
  • Property Condition: Excellent

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1320.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Zoning: C5-4

Building Info

  • New Construction: Yes
  • New Development: Yes
  • Building Name: 11 HOYT
  • Elevators: 5
  • Landmark Status: No
  • Units: 481
  • Total Stories: 52
  • Year Built: 2020
  • Lobby Attendance Type: DoormanFullTime, ConciergeFullTime
  • Building Laundry Features: Other

Rental Info

  • Land Lease: No

Tax Info

  • Tax Abatement: No
  • Tax Block: 00157
  • Tax Lot: 0000
  • Building Tax Lot: 0001
  • Tax Annual: 24960.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2022
Closed on
Jun 16, 2023
Sold by
11 Hoyt Property Owner Lp
Bought by
Bai Michelle Jing and Khoo Jerald Chie
Seller's Agent
11 Hoyt Sales Gallery
Corcoran Group
List Price
$1,990,000
Sold Price
$1,990,000
Total Days on Market
157
Current Estimated Value
$1,421,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$568,939
Avg. Annual Appreciation
-17.22%
Original Mortgage
$1,592,000
Outstanding Balance
$1,557,781
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$196,772
Source: Public Records

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Range of Values:

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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
Bai Michelle Jing $1,990,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bai Michelle Jing $1,592,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2023 10/26/23 Off Market $1,990,000 -- --
10/12/2023 10/12/23 Off Market $1,990,000 -- --
10/11/2023 10/11/23 Off Market $1,990,000 -- --
10/10/2023 10/10/23 Off Market $1,990,000 -- --
06/16/2023 06/16/23 Sold $1,990,000 0.0% --
04/10/2023 04/10/23 Pending -- -- --
04/04/2023 04/04/23 For Sale $1,990,000 -9.1% --
11/03/2022 11/03/22 Pending -- -- --
11/03/2022 11/03/22 For Sale $2,190,000 -- --
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
2024 $25,235 $220,326 $13,119 $207,207
2023 $24,178 $199,113 $13,119 $185,994
2022 $23,910 $196,596 $13,119 $183,477
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10917680

Real Estate Board of New York (REBNY)

APN: 00157-1274