NOT LISTED FOR SALE

1325 Herkimer St Unit 505 Brooklyn, NY 11233

Ocean Hill Neighborhood

Estimated Value: $498,000 - $608,000

1 Bed
1 Bath
591 Sq Ft
$367/mo HOA Fee

Last Sold April 14, 2022

Last sale price $537,331 $909 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,986/month

52 Days on Market

Highlights

  • Rooftop Deck
  • 3-minute walk to Rockaway Avenue (A,C Line)
  • Central Air
  • Terrace
  • Balcony
  • Laundry Facilities

About This Home

As of April 2022

This spacious and bright one-bedroom, one-bathroom condominium welcomes you home with stunning designer finishes, a terrace and balcony and great amenities, including onsite parking.

Step inside this 753-square-feet home to discover wide-plank engineered hardwood flooring, 9-foot-tall ceilings and floor-to-ceiling Pella windows. The gracious entry includes a coat closet, while ahead, the large living/dining room invites you to relax and entertain alongside your private terrace and balcony. The gleaming open kitchen impresses with white quartz countertops, tile backsplashes, custom cabinetry by Nolte and a breakfast bar topped in pendant lighting. Premium stainless steel appliances by Samsung and Fisher & Paykel, including a full-size range, dishwasher and built-in microwave, await your culinary skill. In the sunny bedroom, you'll find a wide reach-in closet, and the luxurious bathroom is filled with designer tile, a soaking tub/rain shower, a roomy vanity and chic black matte fixtures. Central HVAC ensures year-round comfort in this lovely Brooklyn home.

Built in 2018, The Hill is a contemporary pet-friendly building where residents enjoy a wonderful rooftop terrace, a fitness room, meeting space, private storage, a bike room and onsite parking. Flanked by Bed-Stuy and Bushwick, the flourishing Ocean Hill neighborhood offers front-row access to great shopping, dining, nightlife and art. Local playgrounds and massive Highland Park and Forest Park deliver fantastic outdoor space and recreation. Transportation in this accessible neighborhood is abundant with A/C, J/Z and L trains, excellent bus service and CitiBikes nearby.

*Real Estate Taxes advertised include a 50% sponsor credit for the first two years.

**Images are representative of similar units and finishes; floor plan represents actual unit.

Last Agent to Sell the Property

Eduardo Venguer

Compass License #10401349726 Listed on: 12/01/2021

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,108

Year Built

  • Built in 2018

Lot Details

  • 10,019

HOA Fees

  • $367 Monthly HOA Fees

Home Design

  • 591 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Balcony
  • Terrace

Additional Features

  • Washer Dryer Allowed
  • North Facing Home
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 59 / 1552

Community Details

Overview

  • Ocean Hill Subdivision
  • 5-Story Property

Amenities

  • Rooftop Deck
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,108

Year Built

Built in 2018

Lot Details

0

HOA Fees

$367 per month

Listing Details

  • Cross Street: Rockaway Avenue/Eastern Parkway
  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Ocean Hill
  • Entry Level: 5
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 591.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 367.0
  • 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: 5
  • Year Built: 2018

Tax Info

  • Tax Block: 1552
  • Tax Lot: 59
  • Tax Annual: 3108.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2021
Closed on
Mar 21, 2022
Sold by
K2 Herkimer Llc
Bought by
Jones Larry L
Seller's Agent
Eduardo Venguer
Compass
List Price
$537,331
Sold Price
$537,331
Current Estimated Value
$558,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,164
Avg. Annual Appreciation
2.16%
Original Mortgage
$498,750
Outstanding Balance
$468,338
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$108,740
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
Jones Larry L $537,331 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Larry L $498,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2022 04/14/22 Sold $537,331 0.0% $909 / Sq Ft
12/03/2021 12/03/21 For Sale $537,331 -- $909 / 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 $6,746 $62,398 $10,679 $51,719
2024 $6,746 $60,898 $10,679 $50,219
2023 $6,467 $58,709 $10,679 $48,030
2022 $6,104 $55,020 $10,679 $44,341
2021 $6,211 $54,670 $10,679 $43,991
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10765494

Real Estate Board of New York (REBNY)

APN: 01552-1031