NOT LISTED FOR SALE

Estimated Value: $838,000 - $1,174,000

2 Beds
2 Baths
1,066 Sq Ft
$773/mo HOA Fee

Last Sold December 28, 2018

Last sale price $1,300,000 $1,220 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $7,063/month

46 Days on Market

Highlights

  • Pre War Building
  • Garage
  • 2-minute walk to Pratt Playground
  • Terrace
  • Laundry Facilities

About This Home

As of December 2018

**Contracts Signed**

Ascend to higher living with a rare penthouse sale at 111 Steuben Street Condominiums. Open skies and lush greenery will stand in your mind after you visit this setback and southern-facing home. This 2Br/2Bath unit has been renovated by the current owners with improvements including Santos Mohagony flooring, porcelain kitchen tiling, custom-built entertainment center as well as walk-in closet. A thoughtful expansion allows you to dine underneath the oversized skylight. Landscapers were brought in to fully capitalize on the copious outdoor space deeded to this apartment. There is a vast southern-facing terrace off apartment as well as an enclosed and private rooftop terrace that sprawls the full footprint of the apartment (views of the Empire State Building included!). The flora includes apple trees, cherry trees, Japanese maple, juniper, and pine - all in sturdy planters crafted from reclaimed wood. This apartment comes with a deeded parking spot.

The Absolute Condominium is 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 wifi. It was designed by architect Gary Shoemaker and launched in 2009. There are seven years left on the tax abatement. There are two elevators and additional parking spots are available for rent or for sale. New carpeting and fresh paint is planned in all common areas.

Clinton Hill is where the Pratts, Vanderbilts, and other aristocratic families moved over one and a half century's ago in order to escape congested Manhattan. Scores of mansions and remarkable landmarked brownstones are now the roots of this sophisticated neighborhood. These days, people flock to Clinton Hill for very much the same reason: quality of life. Complementing the residential influx, the past few years have heralded a massive commercial revitalization for Myrtle Ave as well as continued upgrades to Fort Greene Park and Myrtle Plaza. Still to come is the massive Navy Yard project a few blocks away, which will introduce a Wegmans grocery store, thousands of new jobs and millions of square feet of commercial space, and a new East River Ferry terminal. Don't forget to check out Pratt Institute's public gardens and Fort Greene Park for a relaxing stroll.

Last Agent to Sell the Property

Eric Volpe

Corcoran Group License #10301219675 Listed on: 09/18/2018

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $432

Year Built

  • Built in 2008

HOA Fees

  • $773 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 1,066 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Terrace

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

$432

Year Built

Built in 2008

Lot Details

0

HOA Fees

$773 per month

Listing Details

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

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 1066.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

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

Exterior Features

  • Patio/Porch Features: Terrace, Rooftop

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 773.0
  • 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
  • Tax Annual: 432.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2018
Closed on
Dec 28, 2018
Sold by
Chan Jenny and Wong Matthew
Bought by
Kiah Cantwell Kevin Michael and Kiah Moggie Katherine
Seller's Agent
Eric Volpe
Corcoran Group
List Price
$1,350,000
Sold Price
$1,300,000
Premium/Discount to List
-$50,000
-3.7%
Current Estimated Value
$1,016,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$283,993
Avg. Annual Appreciation
-2.36%
Original Mortgage
$156,475
Outstanding Balance
$138,925
Interest Rate
4.8%
Mortgage Type
Unknown
Estimated Equity
$970,399

Purchase Details

Closed on
Jan 23, 2013
Sold by
941 Washington Associates Llc
Bought by
Chan Jenny and Wong Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Interest Rate
3.44%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Kiah Cantwell Kevin Michael $1,300,000 --
Chan Jenny $815,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cantwell Kevin Michael $9,421
Open Kiah Cantwell Kevin Michael $156,475
Closed Kiah Cantwell Kevin Michael $156,475
Previous Owner Chan Jenny $565,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2018 12/28/18 Sold $1,300,000 -3.7% $1,220 / Sq Ft
11/05/2018 11/05/18 Pending -- -- --
09/19/2018 09/19/18 For Sale $1,350,000 -- $1,266 / 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 $8,729 $97,166 $4,244 $92,922
2024 $8,729 $95,720 $4,244 $91,476
2023 $6,287 $90,856 $4,244 $86,612
2022 $4,174 $83,318 $4,244 $79,074
2021 $2,199 $77,063 $4,244 $72,819
2020 $190 $85,486 $4,244 $81,242
2019 $396 $79,929 $4,244 $75,685
2018 $400 $77,131 $4,243 $72,888
2017 $400 $69,945 $4,243 $65,702
2016 $405 $66,011 $4,243 $61,768
2015 $317 $60,993 $4,243 $56,750
2014 $317 $53,905 $4,244 $49,661
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10506133

Real Estate Board of New York (REBNY)

APN: 01894-1035