NOT LISTED FOR SALE

1240 Bedford Ave Unit 2G Brooklyn, NY 11216

Bed-Stuy Neighborhood

Estimated Value: $687,000 - $864,000

2 Beds
1 Bath
713 Sq Ft
$617/mo HOA Fee

Last Sold June 14, 2019

Last sale price $529,000 $742 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,895/month

18 Days on Market

Highlights

  • East Facing Home
  • 3-minute walk to Franklin Avenue (A,C,S Line)
  • 1-minute walk to John Hancock Playground

About This Home

As of June 2019

Have you been to The Bedford Place Condominium? Well now is the time to explore unit 2G, that boost of 713sq ft of living space and is priced to sell! Come view this beautiful 2 bedroom unit with open space concept of living/dining room area with great sun exposure. 2 spacious bedrooms with one giving access to your Juliet balcony. Kitchen has plenty of cabinetry, sizable bathroom and custom closets just to name a few. Laundry room located in the basement, outdoor grilling area that can be reserved for private parties and bike storage. The building has a 421A tax abatement that runs all the way until 2030 and low monthly common charges that includes the heat, hot water & gas just to name a few. This building has a full floor presence lobby, lock package closet for your deliveries, pet friendly, elevator and super is on call. Location is ideal, it is nearly a block away from many eateries and cafe's such as Tilly's, Harts and Corner Grind. Multiple shops on Fulton St as well. It's an easy commute to several destinations with the A/C subway lines just a few short blocks at the Franklin Ave stop. A 20 minute ride to Manhattan. Or take a short ride on the Shuttle to the Brooklyn Museum, Prospect Park or connect to many other lines. This is a perfect living space for you to live in or invest. This unit can generate $2400/monthly for rental income if you chose this as an investment. Join me for a tour!

Last Agent to Sell the Property

LESLIE DIXON

Serhant License #10301209101 Listed on: 04/11/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $504

Lot Details

  • East Facing Home

HOA Fees

  • $617 Monthly HOA Fees

Home Design

  • 713 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Community Details

  • 43 Units
  • Bedford Stuyvesant Subdivision
  • 6-Story Property

Listing and Financial Details

  • Tax Block 02000

Property Details

Home Type

Condominium

Est. Annual Taxes

$504

Lot Details

0

HOA Fees

$617 per month

Listing Details

  • Exposures: East
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Bedford-Stuyvesant
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Living Area: 713.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

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

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 617.3
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Units: 43
  • Total Stories: 6

Tax Info

  • Tax Block: 02000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2019
Closed on
Jun 14, 2019
Sold by
White Anastasia and Williams Anastasia W
Bought by
O'Keeffe Arthur Paul
Seller's Agent
LESLIE DIXON
Serhant
List Price
$529,000
Sold Price
$529,000
Current Estimated Value
$778,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,860
Avg. Annual Appreciation
6.42%
Original Mortgage
$432,000
Outstanding Balance
$379,894
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$398,966

Purchase Details

Closed on
Nov 2, 2009
Sold by
Williams Alexander M and Williams Anastasia W
Bought by
Williams Anastasia W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,745
Interest Rate
4.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2004
Sold by
1244 Bedford Avenue Llc
Bought by
Williams Alexander M and Williams Anastasia W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
5.88%
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
O'Keeffe Arthur Paul $540,000 --
Williams Anastasia W -- --
Williams Alexander M $238,290 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open O'Keeffe Arthur Paul $8,516
Open O'Keeffe Arthur Paul $432,000
Previous Owner Williams Anastasia W $6,358
Previous Owner Williams Anastasia W $5,745
Previous Owner Williams Alexander M $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2019 06/14/19 Sold $529,000 0.0% $742 / Sq Ft
04/30/2019 04/30/19 Pending -- -- --
04/11/2019 04/11/19 For Sale $529,000 -- $742 / 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 $504 $68,180 $3,659 $64,521
2024 $504 $69,680 $3,659 $66,021
2023 $504 $64,070 $3,659 $60,411
2022 $495 $61,008 $3,659 $57,349
2021 $6,078 $52,495 $3,659 $48,836
2020 $2,818 $60,399 $3,659 $56,740
2019 $509 $58,838 $3,659 $55,179
2018 $513 $49,299 $3,659 $45,640
2017 $513 $38,700 $3,658 $35,042
2016 $520 $38,408 $3,659 $34,749
2015 $406 $36,615 $3,659 $32,956
2014 $406 $33,737 $3,659 $30,078
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10529841

Real Estate Board of New York (REBNY)

APN: 02000-1014