$590,000
SOLD JUL 31, 2020

1325 Herkimer St Unit 201 Brooklyn, NY 11233

Ocean Hill Neighborhood
2 Beds
1 Bath
772 Sq Ft
$518/mo HOA Fee

Recently Sold

$764 Per Sq Ft

Highlights

  • Balcony
  • 3-minute walk to Rockaway Avenue (A,C Line)
  • Laundry Facilities
  • Building Patio
  • Garage

About This Home

As of January 2025

Upscale living in the heart of trendy, fashionable Brooklyn. This 2-bedroom, 1-bathroom condo takes full advantage of its considerable size and open plan layout to create a modern, spacious home ideal for any new Brooklyn resident.

Built to impress, this home located in one of Brooklyns chicest new boutique condominiums, possesses only the finest of modern luxuries and interiors, including expansive Pella windows with excellent views, wide-plank engineered hardwood floors, central heating and cooling systems, and convenient laundry space in unit.



A functional entryway space segues naturally into the homes shared open living, dining, and kitchen areas. Home chefs will enjoy prepping gourmet meals and dinner parties in the residences sizable galley-style kitchen, well equipped with eat-in counter peninsula, stylish white quartz countertops and white tile backsplash, elegant Nolte cabinets, and a set of top-of-the-line stainless steel appliances from Fisher & Paykel and Samsung.

Each of the home's two bedrooms are sizable and near the main living areas. The full bathroom features textured walls, ceramic tile flooring, and high-end Kohler and Delta fixtures.

This stylish home is but one in a portfolio of properties located in The Hill, one of the most exciting new boutique condominium spaces to hit the market in recent memory. Nestled in bustling Ocean Hill, the building boasts a central elevator, virtual doorman system, a bicycle room, private storage, shared roof deck, building fitness room, and parking spaces. Less than a block away from retail-heavy Rockaway Avenue, the building also enjoys nearby access to a variety of parks, playgrounds, and convenient Subway lines including the A/C/L/J. The building is pet friendly.

*Disclosure: Taxes listed are subject to 421-A Tax Abatement approval. The complete offering terms are in an offering plan available from the sponsor. File No. CD18-0259

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $744

Year Built

  • Built in 2018

HOA Fees

  • $518 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 772 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Listing and Financial Details

  • Tax Block 1552

Community Details

Overview

  • Brooklyn Subdivision

Amenities

  • Building Patio
  • Building Terrace
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$744

Year Built

Built in 2018

Lot Details

0

HOA Fees

$518 per month

Listing Details

  • Cross Street: Rockaway Avenue/Eastern Parkway
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Brooklyn
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 772.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony
  • Patio/Porch Features: Building Patio, Building Terrace, Balcony

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 518.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Year Built: 2018

Tax Info

  • Tax Block: 1552
  • Tax Annual: 744.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2024
Closed on
Jan 15, 2025
Sold by
Fagorzi Alessandro and Fagorzi Melissa
Bought by
Lucas Adrienne
Seller's Agent
Ejona S. Bardhi
Top Nest Inc
Buyer's Agent
Ejona S. Bardhi
Top Nest Inc
List Price
$659,000
Sold Price
$646,000
Premium/Discount to List
-$13,000
-1.97%
Views
38
Current Estimated Value
$639,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,428
Avg. Annual Appreciation
-2.82%
Original Mortgage
$94,996
Outstanding Balance
$94,754
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$544,818

Purchase Details

Listed on
Jul 31, 2020
Closed on
Jul 31, 2020
Sold by
K2 Herkimer Llc
Bought by
Fagorzi Alessandro and Fagorzi Melissa
List Price
$590,000
Sold Price
$590,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.04%
Original Mortgage
$542,800
Interest Rate
3%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $650,000 --
Deed $580,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $94,996 Purchase Money Mortgage
Previous Owner $542,800 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2025 01/29/25 Sold $646,000 -2.0% $837 / Sq Ft
05/28/2024 05/28/24 Pending -- -- --
05/28/2024 05/28/24 For Sale $659,000 +11.7% $854 / Sq Ft
04/20/2022 04/20/22 Off Market $590,000 -- --
07/31/2020 07/31/20 Sold $590,000 0.0% $764 / Sq Ft
07/31/2020 07/31/20 For Sale $590,000 -- $764 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
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
2024 $8,813 $79,550 $13,950 $65,600
2023 $6,969 $76,691 $13,950 $62,741
2022 $6,578 $71,872 $13,950 $57,922
2021 $8,113 $71,415 $13,950 $57,465
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10905004

Real Estate Board of New York (REBNY)

APN: 01552-1003