NOT LISTED FOR SALE

1570 Prospect Place Unit 4 Brooklyn, NY 11233

Crown Heights Neighborhood

Estimated Value: $516,000 - $700,000

2 Beds
2 Baths
1,119 Sq Ft
$336/mo HOA Fee

Last Sold March 18, 2021

Last sale price $535,000 $478 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,823/month

172 Days on Market

Highlights

  • Rooftop Deck
  • Balcony
  • Garage

About This Home

As of March 2021

Enjoy the great outdoors with this two bedroom, two bath condominium in prime Crown Heights. Entertain in style with the open balcony off the living room or the huge private roof terrace on the upper level. The spacious open floor plan allows the possibility of adding a third bedroom. The modern kitchen is bright from an oversized window and features an abundance of cabinetry and stainless steel appliances. Bathrooms are beautiful with white tile and Kohler fixtures. An internal staircase leads to a highly versatile space primed for a variety of uses; a second bedroom, secluded office, TV room or extra storage. And there is a stackable washer & dryer in the utility closet for your convenience. This condo is absolutely perfect for living AND working. Low monthlies and tax abated through 2034. This one won't last.

This apartment is located in a 7 unit self-managed boutique condominium. There are restaurants and shops nearby as well as the B15, B45 and B65 bus lines and the C train on Ralph Avenue.

Showing by appointment only on Sunday, January 10th. Call or email listing adent to schedule an appointment.

Last Agent to Sell the Property

Diane Henning

Corcoran Group License #10301203167 Listed on: 08/26/2020

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $300

Year Built

  • Built in 2005

HOA Fees

  • $336 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 1,119 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony

Listing and Financial Details

  • Tax Block 1369

Community Details

Overview

  • 7 Units
  • Crown Heights Subdivision
  • 5-Story Property

Amenities

  • Rooftop Deck
  • Building Terrace

Property Details

Home Type

Condominium

Est. Annual Taxes

$300

Year Built

Built in 2005

Lot Details

0

HOA Fees

$336 per month

Listing Details

  • Cross Street: Ralph Avenue & Buffalo Avenue
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Crown Heights
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Living Area: 1119.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 336.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 130.0 x 28.0

Building Info

  • New Construction: No
  • Units: 7
  • Total Stories: 5
  • Year Built: 2005

Tax Info

  • Tax Block: 1369
  • Tax Annual: 300.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2025
Sold by
Gordon Ato Arlington and Nunez-Gordon Edwina
Bought by
Gordon Ato Arlington
Total Days on Market
172
Current Estimated Value
$639,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Outstanding Balance
$54,816
Interest Rate
6.95%
Mortgage Type
Unknown
Estimated Equity
$552,966

Purchase Details

Closed on
Jan 14, 2011
Sold by
Prospect Place Condos Llc
Bought by
Gordon Ato Arlington and Nunez-Gordon Edwina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,718
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage
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
Gordon Ato Arlington -- --
Gordon Ato Arlington $250,438 --
Gordon Ato Arlington $250,438 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arlington Gordon Ato $55,000
Closed Gordon Ato Arlington $19,155
Open Gordon Ato Arlington $393,750
Closed Gordon Ato Arlington $240,718
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2021 03/18/21 Sold $535,000 0.0% $478 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
01/15/2021 01/15/21 Off Market $535,000 -- --
08/21/2020 08/21/20 For Sale $550,000 -- $492 / 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 $27 $94,307 $8,328 $85,979
2024 $27 $88,492 $8,328 $80,164
2023 $26 $86,400 $8,328 $78,072
2022 $26 $79,814 $8,328 $71,486
2021 $26 $79,843 $8,328 $71,515
2020 $13 $99,771 $8,328 $91,443
2019 $27 $92,957 $8,328 $84,629
2018 $27 $63,749 $5,145 $58,604
2017 $27 $59,027 $5,618 $53,409
2016 $27 $54,655 $5,733 $48,922
2015 $21 $54,655 $9,252 $45,403
2014 $21 $52,961 $7,346 $45,615
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10661666

Real Estate Board of New York (REBNY)

APN: 01369-1004