NOT LISTED FOR SALE

1325 Herkimer St Unit 304 Brooklyn, NY 11233

Ocean Hill Neighborhood

Estimated Value: $473,000 - $610,000

1 Bed
1 Bath
585 Sq Ft
$392/mo HOA Fee

Last Sold April 26, 2020

Last sale price $479,000 $819 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,692/month

97 Days on Market

Highlights

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

About This Home

As of April 2020

Upscale living in the heart of trendy, fashionable Brooklyn. This 1-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.

Just off the main living area is the homes bedroom space, boasting large reach-in closet. 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

  • $564

Year Built

  • Built in 2018

Lot Details

  • 10,019

HOA Fees

  • $392 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 585 Sq Ft Home
  • Entry on the 3rd floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 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

$564

Year Built

Built in 2018

Lot Details

0

HOA Fees

$392 per month

Listing Details

  • Cross Street: Rockaway Avenue/Eastern Parkway
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Brooklyn
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 585.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

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

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: 392.0
  • 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: 564.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2019
Closed on
Apr 27, 2020
Sold by
K2 Herkimer Llc
Bought by
Louisma Martine
List Price
$479,000
Sold Price
$479,000
Current Estimated Value
$514,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,821
Avg. Annual Appreciation
1.34%
Original Mortgage
$431,100
Outstanding Balance
$384,944
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$129,877
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
Louisma Martine $479,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Louisma Martine $431,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2022 04/20/22 Off Market $479,000 -- --
04/26/2020 04/26/20 Sold $479,000 0.0% $819 / Sq Ft
02/25/2020 02/25/20 Pending -- -- --
11/19/2019 11/19/19 For Sale $479,000 -- $819 / 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 $6,678 $61,765 $10,571 $51,194
2024 $6,678 $60,280 $10,571 $49,709
2023 $5,281 $58,114 $10,571 $47,543
2022 $4,985 $54,462 $10,571 $43,891
2021 $6,148 $54,116 $10,571 $43,545
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10904983

Real Estate Board of New York (REBNY)

APN: 01552-1014