NOT LISTED FOR SALE

Estimated Value: $1,896,470 - $2,205,000

1 Bed
1 Bath
1,100 Sq Ft
$242/mo HOA Fee

Last Sold September 21, 2022

Last sale price $1,810,000 $1,645 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $11,645/month

Highlights

  • Built in 1920 | Newly Remodeled
  • 2-minute walk to Carroll Street
  • 4-minute walk to Carroll Park
  • P.S. 58 - The Carroll Rated A
  • Pre War Building

About This Home

As of September 2022

Unparalleled in Carroll Gardens, 116 2nd Place is a completely rebuilt 25 foot wide grand mansion converted into a boutique four unit condo development utilizing only the highest quality finishes and top quality construction. Situated on one of the few highly coveted "Place" blocks, this is truly a rare offering.

Residence 3: The second floor features a grand, loft-like living and dining room with an open and airy floorplan with an open kitchen facing the dining room. This two bed two bath apartment features high ceilings throughout, nicely proportioned bedrooms, and large glass sliding doors which open out onto the private 333 square foot south facing terrace.

All residences at 116 2nd Place feature polished Carrera marble countertops imported from Italy, custom shaker cabinetry, 5 inch wide plank select grade white oak flooring, sub-zero refrigerators, Wolf ranges, Miele dishwashers, and Miele stackable washer/dryer units. Select units include Sub-Zero wine refrigerators and Sub-Zero convection ovens. The bathrooms all feature Carrera marble tiled floors and Carrera marble tiled walls to the ceilings. All apartments feature unusually high ceilings due to the grandiose architectural style in which the building was originally built.

116 2nd Place is supremely located between amenity rich Smith & Court Streets surrounded by the very best parks, schools, boutiques, grocers, restaurants and cafes that Brooklyn has to offer. Transportation is convenient with F & G trains on the corner at the Carroll Street stop.

This is not an offering. Complete offering terms are contained in an Offering Plan available from the sponsor, File #CD18-0158

Last Agent to Sell the Property

Dennis Cetinkaya

Douglas Elliman Real Estate License #10401270576 Listed on: 03/24/2022

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,548

Year Built

  • Built in 1920 | Newly Remodeled

HOA Fees

  • $242 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 3rd floor

Interior Spaces

  • 1,100 Sq Ft Home
  • 3-Story Property
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Community Details

  • 4 Units
  • Carroll Gardens Subdivision

Listing and Financial Details

  • Tax Block 00463

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,548

Year Built

Built in 1920 | Newly Remodeled

Lot Details

0

HOA Fees

$242 per month

Listing Details

  • Cross Street: COURT STREET and CULVER/6 AVENUE LINE
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Carroll Gardens
  • Architectural Style: Prewar
  • Entry Level: 3
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 1100.0
  • Living Area Units: Square Feet

Beds/Baths

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 242.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: Yes
  • Units: 4
  • Total Stories: 3
  • Year Built: 1920

Tax Info

  • Tax Block: 00463
  • Tax Annual: 7548.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2022
Closed on
Sep 22, 2022
Sold by
116 2Nd Place Llc
Bought by
Feraudo Brian and Lay Vicky
Seller's Agent
Dennis Cetinkaya
Douglas Elliman Real Estate
List Price
$1,800,000
Sold Price
$1,810,000
Premium/Discount to List
$10,000
0.56%
Views
2
Current Estimated Value
$2,050,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,868
Avg. Annual Appreciation
3.83%
Original Mortgage
$1,267,000
Outstanding Balance
$1,207,563
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$843,305
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Feraudo Brian $1,810,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feraudo Brian $1,267,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2022 09/21/22 Sold $1,810,000 +0.6% $1,645 / Sq Ft
03/24/2022 03/24/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $1,800,000 0.0% $1,636 / Sq Ft
01/17/2017 01/17/17 Rented -- -- --
12/18/2016 12/18/16 Under Contract -- -- --
12/12/2016 12/12/16 For Rent $3,600 -- --
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 $8,147 $316,602 $45,738 $270,864
2024 $8,147 $297,000 $45,738 $251,262
2023 $7,909 $247,500 $45,738 $201,762
2022 $7,701 $228,690 $45,738 $182,952
2021 $7,546 $228,690 $45,738 $182,952
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10798225

Real Estate Board of New York (REBNY)

APN: 00463-1003