NOT LISTED FOR SALE

1189 Jefferson Ave Unit 3 Brooklyn, NY 11221

Bushwick Neighborhood

Estimated Value: $787,602 - $874,000

2 Beds
1 Bath
919 Sq Ft
$425/mo HOA Fee

Last Sold August 06, 2020

Last sale price $700,000 $762 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,111/month

About This Home

As of September 2020

PRICE IMPROVEMENT!

1189 Jefferson Avenue is an exceptional 4-unit new development condominium comprised of two (2BR) and three bedroom (3BR) residences featuring an array of private and common outdoor space, many of which come with storage units. Resting in the ever-emerging neighborhood of Bushwick, each home features large palatial windows allowing for a seamless flow of light and air throughout. Beautiful trees grace the street bringing life and a tranquil nature to the block.

Residence #3 is a charming two-bedroom (2BR), one bathroom (1BA) home designed with a generously proportioned living space measuring 919 sqft with a deeded storage unit, and washer/dryer hookup.

Upon entering the home you will first notice the sleek elegance of the kitchen that truly elevates the space. The kitchen features custom wooden cabinets, quartz countertops and top-of-the-line stainless steel appliances consisting of a Bosch gas range, Bosch dishwasher, Bosch microwave and a Fisher & Paykel refrigerator. The kitchen sits atop tasteful, rich red oak floors that span throughout the home. The living space, optimally designed to accommodate a true living and dining experience is flooded with an abundance of natural light and air. The project was designed by Nikibi Studio.

Approaching the master bedroom you will find a custom-built walk-in-closet providing optimal accessibility and organization for all of your belongings. Adjacent is a Jack-and-Jill style en-suite bathroom with SunTouch heated tile floors, ceiling speaker, double vanity, Duravit DuraStyle toilet, and a deep-soaking tub providing calmness and tranquility. The second bedroom also comes equipped with notable closet space.1189 Jefferson Avenue is surrounded by a wide variety of eclectic, trendy dining options, cocktail joints, coffee shops and parks. Local favorites include: Brooklyn Barista, Familiars Vegan, Father Knows Best, The Factory, The Starliner, Fazio's, Ltauha, Industry 1332, Talon, Paloma's, The Caffeine Underground, Cup of Brooklyn, A win Xin Kitchen, and Akuru Sushi.

Transportation: The J train at Halsey Street only a short distance away. The JZ trains at Gates avenue, and the L train at Wilson Avenue.This is not an offering. The complete offering terms are in an offering plan available from the sponsor. File No. CD 18-0305.

Co-Listed By

Rachel Altschuler

Sothebys International Realty License #10301201527

Sothebys International Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,007

Year Built

  • 1905

Lot Details

  • 2,004

HOA Fees

  • $425 per month

Interior Spaces

  • 919 Sq Ft Home
  • 4-Story Property
  • New Windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling

Listing and Financial Details

  • Property Available on 8/11/20
  • Tax Block 3382

Community Details

Overview

  • 4 Units
  • Busk Subdivision

Amenities

  • Laundry Facilities

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,007

Year Built

1905

Lot Details

0

HOA Fees

$425 per month

Rental Info

  • Available Date: 2020-08-11

Listing Details

  • Cross Street: Evergreen Avenue
  • Exposures: South,West
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: BUSK
  • Entry Level: 3
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Built (Public Record): 1905

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 919.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3
  • Window Features: New Windows

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 2

Exterior Features

  • Patio/Porch Features: Rooftop

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Units: 4
  • Total Stories: 4

Tax Info

  • Tax Block: 3382

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2020
Closed on
Aug 5, 2020
Sold by
1189 Jefferson Llc
Bought by
Sherman Justin
Sold Price
$3,000
Current Estimated Value
$813,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$810,901
Avg. Annual Appreciation
3.35%
Original Mortgage
$560,000
Outstanding Balance
$500,100
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$326,800
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
Sherman Justin $700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherman Justin $560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2022 04/20/22 Off Market $700,000 -- --
09/17/2020 09/17/20 Rented -- -- --
08/18/2020 08/18/20 Under Contract -- -- --
08/06/2020 08/06/20 Sold $700,000 0.0% $762 / Sq Ft
08/04/2020 08/04/20 For Rent $3,200 0.0% --
05/29/2020 05/29/20 Pending -- -- --
06/26/2019 06/26/19 For Sale $789,000 -- $859 / 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 $3,007 $124,147 $15,653 $108,494
2024 $3,007 $104,131 $15,653 $88,478
2023 $2,732 $86,776 $15,653 $71,123
2022 $2,523 $85,308 $15,653 $69,655
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10657074

Real Estate Board of New York (REBNY)

APN: 03382-1003