NOT LISTED FOR SALE

Estimated Value: $834,283 - $1,014,000

1 Bed
1 Bath
806 Sq Ft
$609/mo HOA Fee

Last Sold March 26, 2021

Last sale price $755,000 $937 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,059/month

23 Days on Market

Highlights

  • Pre War Building
  • Laundry Facilities
  • 2-minute walk to Pratt Playground
  • Garage
  • South Facing Home

About This Home

As of March 2021

Contracts Signed



A rare opportunity in a sought-after location: Unit 4F in The Absolute is a sprawling 806 sqft 1BR/1BA condo with a southern-facing wall of windows. This freshly renovated space boasts coveted features including central air conditioning, pristine hardwood floors, a stacked washer/dryer and modern appliances, wares, and finishes including soft-touch Pendi kitchen cabinetry, Axor Citterio and Hansgrohe bathroom fixtures, 24" volcanic bathroom tiling, and a deep soaking tub. The epitome of luxury and ease, the unit even includes a deeded parking spot in the building's underground garage.





Once a humble car wash, the Absolute Condominium is now a 35-unit condo building located in Clinton Hill and offers residents 24-hour access to the full gym and spacious rec room, complete with billiards, ping pong, tv lounging area, and Wi-Fi. Designed by architect Gary Shoemaker and built in 2008, there is an abatement in effect until 2025. There are two elevators and additional parking spots available for rent or for sale. Due to high reserves, new carpeting and fresh paint is anticipated in all common areas, along with other capital improvements.







Clinton Hill has enjoyed a peak in vibrancy in the last decade, with the 4-block Myrtle Plaza leading the way in neighborhood amenities, as well as multiple new buildings and the massive Navy Yard project, which includes Wegmans, Brooklyn Grange, Steiner Studios, a 60,000 sqft food hall, a new East River ferry dock, restored Admiral's Quarters, and new buildings rife with tech and Brooklyn-based manufacturing companies. Once a destination for Manhattan's upper-crust to escape congestion and construct scores of mansions (now landmarked), Clinton Hill is now a historic neighborhood offering Pratt Institute's public gardens and a relaxing stroll to farmer's markets at Fort Greene Park.







Please ask for our video walkthrough and anticipate a COVID disclosure for physical showings.

Last Agent to Sell the Property

Andrea Kelly

Corcoran Group License #10401343231 Listed on: 01/04/2021

Corcoran Group

Co-Listed By

Eric Volpe

Corcoran Group License #10301219675

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,603

Year Built

  • Built in 2008

HOA Fees

  • $609 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 806 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • South Facing Home
  • No Cooling

Listing and Financial Details

  • Tax Block 1894

Community Details

Overview

  • The Absolute Condos
  • Clinthl Subdivision
  • 6-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,603

Year Built

Built in 2008

Lot Details

0

HOA Fees

$609 per month

Listing Details

  • Cross Street: Myrtle Ave/Park Ave
  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: CLINTHL
  • Architectural Style: Prewar
  • Entry Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 806.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

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

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 609.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: The Absolute
  • Total Stories: 6
  • Year Built: 2008

Tax Info

  • Tax Block: 1894

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2021
Closed on
Mar 26, 2021
Sold by
Wheeler Patrick
Bought by
Lee Daniel and Mun Yeji
Seller's Agent
Andrea Kelly
Corcoran Group
List Price
$755,000
Sold Price
$755,000
Current Estimated Value
$894,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,907
Avg. Annual Appreciation
4.10%
Original Mortgage
$626,400
Outstanding Balance
$568,008
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$332,335

Purchase Details

Closed on
Mar 24, 2011
Sold by
941 Washington Associates Llc
Bought by
Wheeler Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,250
Interest Rate
4.99%
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
Lee Daniel $783,000 --
Wheeler Patrick $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Daniel $626,400
Previous Owner Wheeler Patrick $40,000
Previous Owner Wheller Patrick $7,180
Previous Owner Wheeler Patrick $328,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $755,000 0.0% $937 / Sq Ft
01/27/2021 01/27/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $755,000 -- $937 / 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 $6,603 $73,508 $3,210 $70,298
2024 $6,603 $72,414 $3,210 $69,204
2023 $4,756 $68,734 $3,210 $65,524
2022 $3,158 $63,031 $3,210 $59,821
2021 $1,664 $58,299 $3,210 $55,089
2020 $143 $64,671 $3,210 $61,461
2019 $300 $60,468 $3,210 $57,258
2018 $302 $58,352 $3,211 $55,141
2017 $302 $52,915 $3,210 $49,705
2016 $307 $49,939 $3,210 $46,729
2015 $240 $46,143 $3,210 $42,933
2014 $240 $40,780 $3,210 $37,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10690319

Real Estate Board of New York (REBNY)

APN: 01894-1024