NOT LISTED FOR SALE

Estimated Value: $1,109,000 - $1,455,000

1 Bed
1 Bath
818 Sq Ft
$643/mo HOA Fee

Last Sold February 01, 2022

Last sale price $970,000 $1,186 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $8,591/month

97 Days on Market

Highlights

  • New Construction
  • 2-minute walk to Dekalb Avenue (B,D,M,N,Q,R Line)
  • East Facing Home
  • Garden

About This Home

As of February 2022

MODEL UNITS AVAILABLE FOR VIEWING



OCCUPANCY Q1 2021



Alfred on Fleet, 112 Fleet Place



An exclusive opportunity awaits at the brand new Alfred on Fleet ? an innovative, ground-up 12-story luxury condominium developed by Boomerang Building Fund LLC, with meticulous design by Bricolage Design Associates, and sophisticated interiors by Sung Yu Design.



Ideally nestled in the heart of sought-after Downtown Brooklyn, 112 Fleet Place affords discerning owners an incomparable lifestyle and community. Each of the 23 richly-appointed one- and two-bedroom residences will showcase the highest quality craftsmanship and design, with a focus on modern luxury, convenience, and ease. Smart-sized layouts span 818 square feet to 1,320 square feet, with floor-to-ceiling windows bathing gracious interiors in natural light. Select units offer expansive private outdoor terraces boasting dramatic views of the Brooklyn skyline.



Among the alluring highlights are an open-concept minimalist design wrapped in elegant white oak flooring, clean lines, and stunning modern kitchens fit for a chef. Each is custom-outfitted with top-of-the-line Bosch stainless steel appliances, ample custom cabinetry, and striking Ceasarstone countertops. Deluxe spa-like baths indulge with radiant heat floors, Hydro System soaking tubs, and sleek Duravit and Riobel fixtures. Heightening the appeal are generous bedrooms, abundant closets for storage, an in-home Bosch washer and dryer, Daikin multi-zone split-system heat and AC, plus two indoor parking spaces and extra storage for purchase.



Alfred on Fleet further entices with a lushly landscaped roof deck with a full outdoor kitchen for mixing craft cocktails or dining alfresco with friends. The ultra-desirable locale is sited mere steps from Trader Joe's, Target, the local bakery, upscale shops, movie theatres, and more. Lush Fort Greene Park is mere blocks away. Nearby subway lines consist of the B, Q, and R trains at the DeKalb Avenue station beneath CityPoint complex, as well as the 2 and 3 trains at the corner of Hoyt and Fulton, and R along Willoughby at the Jay Street-MetroTech station. With pricing between $950,000 and $1,370,000, there has never been a better time to secure your spot in Brooklyn's vibrant epicenter.



The complete offering terms are in an offering plan available from the Sponsor: Boomerang Development Fund (Owner). File No. CD20-0104. Sponsor address: Boomerang Development Fund; 68 34th St, Brooklyn, NY 11232.

Last Agent to Sell the Property

Jacob Wood

Coldwell Banker Warburg License #10301211086 Listed on: 11/13/2020

Coldwell Banker Warburg

Co-Listed By

Samantha Behringer

Compass License #10301202139

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,040

Year Built

  • Built in 2021 | New Construction

Lot Details

  • East Facing Home
  • Garden

HOA Fees

  • $643 Monthly HOA Fees

Home Design

  • 818 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Washer Dryer Allowed

Community Details

  • 23 Units
  • The Alfred On Fleet Condos
  • Brooklyn Subdivision
  • 12-Story Property

Listing and Financial Details

  • Tax Block 02062

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,040

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$643 per month

Listing Details

  • Cross Street: FAIR STREET and WILLOUGHBY STREET
  • Exposures: East
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Brooklyn
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 818.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

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

Exterior Features

  • Exterior Features: Garden

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 643.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Building Name: The Alfred on Fleet
  • Units: 23
  • Total Stories: 12
  • Year Built: 2021

Tax Info

  • Tax Block: 02062
  • Tax Annual: 8040.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2020
Closed on
Jan 31, 2022
Sold by
Boomerang Building Fund Llc
Bought by
Srivastava Jayesh
Seller's Agent
Jacob Wood
Coldwell Banker Warburg
List Price
$980,000
Sold Price
$970,000
Premium/Discount to List
-$10,000
-1.02%
Current Estimated Value
$1,237,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,074
Avg. Annual Appreciation
5.74%
Original Mortgage
$776,000
Outstanding Balance
$724,674
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$455,725
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
Srivastava Jayesh $970,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Srivastava Jayesh $776,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2022 05/15/22 Off Market $970,000 -- --
02/01/2022 02/01/22 Sold $970,000 -1.0% $1,186 / Sq Ft
11/13/2020 11/13/20 For Sale $980,000 -- $1,198 / 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 $14,101 $162,071 $6,899 $155,172
2024 $14,101 $138,028 $6,899 $131,129
2023 $10,475 $131,546 $6,899 $124,647
2022 $11,686 $104,874 $6,899 $97,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10755970

Real Estate Board of New York (REBNY)

APN: 02062-1005