NOT LISTED FOR SALE

1504 Jefferson Ave Unit 2 B Brooklyn, NY 11237

Bushwick Neighborhood

Estimated Value: $579,000 - $836,000

1 Bed
1 Bath
702 Sq Ft
$474/mo HOA Fee

Last Sold July 10, 2023

Last sale price $685,000 $976 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,113/month

54 Days on Market

Highlights

  • Terrace
  • South Facing Home
  • 3-minute walk to Halsey Street (L Line)

About This Home

As of July 2023

This sophisticated 702 square foot, one-bedroom, one-bathroom residence articulates elegance and functional living space. The entry foyer opens to an expansive great room and kitchen capturing southern and eastern exposures. The great room leads out to a beautiful 59 square foot private terrace, ideal for both entertaining and daily living. The primary bedroom is well-proportioned, situated with multiple windows, and excellent closet space. The spacious primary bathroom features porcelain and ceramic floors and walls, modern fixtures, and an under-mount tub/shower combo offering an elegant bathing experience.

Introducing Hancock Jefferson, a timeless boutique condominium in Bushwick, one of Brooklyn's most electrifying neighborhoods. A collection of 18 studio to three-bedroom residences, Hancock Jefferson reflects the new modern standard of luxury living.The building was thoughtfully designed from the inside out with a reimagined look of an upscale Bushwick. The facade, private terraces, entrance foyers, and detailed finishes embrace the hallmarks of modern and minimalist buildings tailored for today's lifestyle desires.

Each home boasts natural light, ceilings heights up to 10'3", oversized double-pane windows, and herringbone patterned flooring throughout. With kitchens featuring quartz countertops, Blomberg stainless-steel appliances, recessed and LED cove lighting creating a warm and modern atmosphere. All units are equipped with split HVAC systems and a washer/dryer. Most residences have private terraces and Juliet balconies perfect for entertaining.

Hancock Jefferson is situated in a lovely neighborhood with tree-lined streets and moments from a variety of restaurants, bars, parks, and the L subway line. Jefferson Hancock offers a common rooftop terrace with Brooklyn and Manhattan skyline views and storage units. In addition, residents enjoy access to the neighboring building's elevated amenities tailored for today's lifestyle in mind.

Amenities Include:

- Fitness Center

- Yoga Studio

- Pickle-ball/Basketball Court

- Dog Run

- First Floor Outdoor Lounge

- Roof Deck

- Outdoor Kitchen and Grill

- Library

- Co-working Spaces

- Private Conference Room

- Parking Available for Rent by 3rd Party

- Storage Units

Access to the amenities is for a fee after the first year and can be discontinued by the sponsor at any time.

Occupancy is anticipated for Spring 2023.

Primary residence buyers are entitled to a special rate program by First Republic Bank.

The complete offering terms are in an Offering Plan available from Sponsor. File No. CD22-0066.

Last Agent to Sell the Property

Ariel Tirosh

Douglas Elliman Real Estate License #30TI0896855 Listed on: 03/31/2023

Douglas Elliman Real Estate

Co-Listed By

Eric Feather

Compass License #10401336833

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,616

Lot Details

  • 6,011

HOA Fees

  • $474 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 702 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Additional Features

  • Terrace
  • South Facing Home

Community Details

  • Hancock And Jeffers Condos
  • Bushwick Subdivision

Listing and Financial Details

  • Tax Block 03393

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,616

Lot Details

0

HOA Fees

$474 per month

Listing Details

  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Bushwick
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 702.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

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

Exterior Features

  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 474.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: HANCOCK AND JEFFERS
  • Total Stories: 1

Tax Info

  • Tax Block: 03393
  • Tax Annual: 5616.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2023
Closed on
Jul 10, 2023
Sold by
1504 Jeff Llc
Bought by
Lee Vickie and Spencer Matthew
Seller's Agent
Ariel Tirosh
Douglas Elliman Real Estate
List Price
$685,000
Sold Price
$685,000
Views
38
Current Estimated Value
$692,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,829
Avg. Annual Appreciation
0.50%
Original Mortgage
$548,000
Outstanding Balance
$534,927
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$157,902
Source: Public Records

Range of Values:

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Average Value
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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
Lee Vickie $691,250 --
Lee Vickie $691,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Vickie $548,000
Closed Lee Vickie $548,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2023 07/10/23 Sold $685,000 0.0% $976 / Sq Ft
05/25/2023 05/25/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $685,000 -- $976 / 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 $11,718 $97,899 $6,494 $91,405
2024 $11,718 $96,341 $6,494 $89,847
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10865126

Real Estate Board of New York (REBNY)

APN: 03393-1205