NOT LISTED FOR SALE

Estimated Value: $511,000 - $660,915

2 Beds
1 Bath
767 Sq Ft
2017 Built

Sale Details

Date Sold: May 13, 2019

Last sale price $495,000 $645 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,484 / mo

352 Days on Market

Highlights

  • Built in 2017 | Newly Remodeled
  • 4-minute walk to Broadway Junction (East New York)
  • 3-minute walk to Thomas Boyland Park
  • Intercom
  • Laundry Facilities

About This Home

As of May 2019

151 Somers Street is a newly developed eight unit boutique condominium located at the nexus of a transportation hub in vibrant Ocean Hill. Value is the name of the game for these smartly finished and thoughtfully laid out one and two bedroom homes. This is indeed the opportunity buyers have been waiting for, and all with a 25-year 421A tax abatement!Unit 2B is a 767 square foot two-bedroom apartment.All homes include plenty of recessed lighting, double pane Pella windows and more! These apartments have been finished with stylish kitchens featuring lacquer cabinetry, full-sized stainless appliances, and beautiful quartz countertops. Bathrooms are complete with deep soaking tubs and plenty of storage! Individually controlled split-unit A/C and heating make for comfortable and efficient living all-year-round. All of this, combined with low monthly common charges make home ownership within reach at 151 Somers Street, where youre less than one block to the J, M, Z, A, C and L trains at Broadway Junction and a stones throw from local amenities, including Daily Press, Salud Bar and Grill, MacDonough Cafe, and more! The complete offering terms are in an offering plan available from the sponsor. File # CD-17-0202

Last Agent to Sell the Property

Daniel Cohen

Corcoran Group License #10401261296 Listed on: 04/25/2018

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $222

Year Built

  • Built in 2017 | Newly Remodeled

HOA Fees

  • $276 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 767 Sq Ft Home
  • 4-Story Property
  • Intercom
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Listing and Financial Details

  • Tax Block 1540

Community Details

Overview

  • 8 Units
  • Bedford Stuyvesant Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$222

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0 Sq Ft Lot

HOA Fees

$276 per month

Listing Details

  • Cross Street: Eastern Parkway & Mother Gaston Boulevard
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Bedford - Stuyvesant
  • Entry Level: 2
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Equipment (Other): Intercom
  • Living Area: 767.0
  • Living Area Units: Square Feet

Beds/Baths

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 276.34
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 100.0 x 26.0

Building Info

  • New Construction: Yes
  • Units: 8
  • Total Stories: 4
  • Year Built: 2017

Tax Info

  • Tax Block: 1540
  • Tax Annual: 221.88

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2018
Closed on
May 14, 2019
Sold by
Bought by
Seller's Agent
Daniel Cohen
Corcoran Group
List Price
$575,000
Sold Price
$495,000
Premium/Discount to List
-$80,000
-13.91%
Current Estimated Value
$591,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,729
Avg. Annual Appreciation
2.54%
Original Mortgage
$396,000
Outstanding Balance
$342,320
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$249,409
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$495,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $396,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/13/2019 05/13/19 Sold $495,000 -13.9% $645 / Sq Ft
04/13/2019 04/13/19 Pending -- -- --
04/25/2018 04/25/18 For Sale $575,000 -- $750 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $215 $83,779 $14,626 $69,153
2025 $215 $69,816 $14,626 $55,190
2024 $215 $58,172 $14,626 $43,546
2023 $211 $57,036 $14,626 $42,410
2022 $211 $56,042 $14,626 $41,416
2021 $211 $65,935 $14,626 $51,309
2020 $215 $63,994 $14,626 $49,368
2019 $7,522 $59,639 $14,626 $45,013
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10405277

Real Estate Board of New York (REBNY)

APN: 01540-1304

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