NOT LISTED FOR SALE

121 Sterling Place Unit 2A Brooklyn, NY 11217

Park Slope Neighborhood

Estimated Value: $1,791,385 - $3,606,000

4 Beds
3 Baths
2,362 Sq Ft
$600/mo HOA Fee

Last Sold August 27, 2019

Last sale price $2,550,000 $1,080 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $16,364/month

116 Days on Market

Highlights

  • Pre War Building
  • 2-minute walk to 7 Avenue (B,Q Line)
  • Den
  • P.S. 282 Park Slope Rated A
  • Terrace
  • Central Air

About This Home

As of August 2019

The moment you enter this 4 bedroom, 3 bathroom condo you will be greeted by southern sunlight that floods the sprawling living area of this loft-like home. True loft conversions are a rare find in Brownstone Brooklyn. 121 Sterling Place is exactly that. The living area is perfect for entertaining family and friends and includes a spacious living room that could accommodate a grand piano and a generous seating area, a wood burning fireplace, a dining area where you could easily host a sizeable dinner party, and an open kitchen that is larger than that in most suburban homes and has walk-in pantry. The master suite, with gracious ensuite bath and walk-in closet, is large enough for a king-sized bed with room left over for its own ?living room? that is perfect for watching television or enjoying a good book. And, you can enjoy a morning cup of coffee or an evening cocktail on the balcony off the master suite. Separating the master suite from two of the bedrooms is an area that is perfect for a home office, play area, or for doing homework. Off this flexible space is a laundry room, a full bathroom, and 4 of the many closets and storage areas found throughout this home. Off of the living room is a 4th bedroom that can be so many things. Currently used as an office but because it has a full bath it?s a perfect guest room or au pair?s room. As we anticipate the summer you can be comfortable knowing that this home has two zone central air. The building has an elevator and is pet friendly. In addition, you are two blocks from the B/Q trains, another two blocks from the 2 and 3 trains, and all the shops and restaurants found on 7th, 5th, and Flatbush Avenues are almost outside your door. This is the perfect Brownstone alternative.

Last Agent to Sell the Property

Wendy Stephenson

Compass License #10301206006 Listed on: 03/07/2019

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,664

Year Built

  • Built in 1920

HOA Fees

  • $600 Monthly HOA Fees

Home Design

  • Pre War Building

Interior Spaces

  • 2,362 Sq Ft Home
  • 4-Story Property
  • Wood Burning Fireplace
  • Den

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Terrace
  • Central Air

Community Details

  • Park Slope Subdivision

Listing and Financial Details

  • Legal Lot and Block 7501 / 942

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,664

Year Built

Built in 1920

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Cross Street: 6th Avenue/7th Avenue
  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Park Slope
  • Architectural Style: Prewar
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Features: Dining Area, Den, Pantry
  • Appliances: Dryer, Washer
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 2362.0
  • Living Area Units: Square Feet
  • Rooms (Total): 8
  • Dining Room Type: Den

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 4

Exterior Features

  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 600.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 4
  • Year Built: 1920

Tax Info

  • Tax Block: 942
  • Tax Lot: 7501
  • Tax Annual: 20664.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2019
Closed on
Aug 27, 2019
Sold by
Fishman Cybele
Bought by
Karnad Riti and Singhal Nikhil
Seller's Agent
Wendy Stephenson
Compass
List Price
$2,550,000
Sold Price
$2,550,000
Current Estimated Value
$2,657,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,596
Avg. Annual Appreciation
0.51%
Original Mortgage
$970,888
Outstanding Balance
$855,826
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,772,472

Purchase Details

Closed on
Mar 11, 2008
Sold by
Fishman Cybele and Rao Bhaqwan Jay
Bought by
Fishman Cybele

Purchase Details

Closed on
Jun 28, 2005
Sold by
Ditze Robert V and Tager D'Vory R
Bought by
Fishman Cybele and Fishman Jay Rao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,106,200
Interest Rate
5.67%
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
Karnad Riti $2,400,000 --
Karnad Riti $2,400,000 --
Fishman Cybele -- --
Fishman Cybele -- --
Fishman Cybele $1,475,000 --
Fishman Cybele $1,475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karnad Riti $970,888
Closed Karnad Riti $970,888
Previous Owner Fishman Cybele $1,106,200
Previous Owner Fishman Cybele $73,750
Previous Owner Dietz Robert $62,143
Previous Owner Dietz Robert $30,550
Previous Owner Dietz Robert V $370,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2019 08/27/19 Sold $2,550,000 0.0% $1,080 / Sq Ft
07/03/2019 07/03/19 Pending -- -- --
03/08/2019 03/08/19 For Sale $2,550,000 -- $1,080 / 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 $15,404 $145,257 $14,459 $130,798
2024 $15,404 $123,211 $14,459 $108,752
2023 $23,359 $253,540 $14,459 $239,081
2022 $22,300 $249,131 $14,459 $234,672
2021 $21,375 $215,841 $14,459 $201,382
2020 $10,332 $240,309 $14,459 $225,850
2019 $21,008 $220,298 $14,459 $205,839
2018 $25,052 $223,527 $14,459 $209,068
2017 $24,177 $212,658 $14,460 $198,198
2016 $22,624 $208,065 $14,460 $193,605
2015 $4,153 $195,922 $14,459 $181,463
2014 $4,153 $176,184 $14,459 $161,725
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10551697

Real Estate Board of New York (REBNY)

APN: 00942-1004