NOT LISTED FOR SALE

Estimated Value: $704,000 - $983,000

2 Beds
2 Baths
808 Sq Ft
$559/mo HOA Fee

Last Sold August 25, 2021

Last sale price $749,000 $927 Per Sq Ft

Current estimated payment $5,151/month

36 Days on Market

Highlights

  • Pre War Building
  • Terrace
  • Balcony

About This Home

As of August 2021

Welcome to 1572 Pacific Street, Brooklyn's newest boutique condominium building located on the trendy and convenient border of Crown Heights and Bed Stuy. Offering eight beautiful residences, 1572 Pacific Street is a must-see!

The building greets you with a distinctive fa?ade of hand-laid distressed brick, oversized windows, and wrought iron details. Most units have proper home offices - one of the most in-demand current amenities. With only two homes per floor in an extra wide 25' building, all the layouts are very gracious. The level of finishes in each residence is on another level from anything else in this price range. Every unit has magnificent 7-inch white oak floors, Nobila kitchens from Germany, Bosch and Blomberg appliances, stone countertops with rich veining, and Riobel bath fixtures. All residences feature central AC, solid core doors, and washer & dryer hookups.

Residence 4F is one of two Penthouse residences in the building is configured as a two-bedroom, two-bathroom duplex with two outdoor spaces. You'll love the natural light, oversized bedrooms, and chef's kitchen. Enjoy your ENORMOUS private terrace located on the top level of the duplex and dine al fresco on your balcony conveniently located off the living room. Residence 4F at 1572 Pacific Street is a gorgeous home, a superb Pied a Terre, and/or investment!

1572 Pacific Street is located less than 5 minutes from the A and C lines with transfer available to the 2, 3, and express 4 and 5 lines. Excellent dining and nightlife are right around the corner.

All square footage is estimated. This is not an offering, the complete offering terms are in an offering plan available from File No. CD190355. The advertised taxes include a 2-year sponsor paid abatement.

Last Agent to Sell the Property

Doug Rand

Douglas Elliman Real Estate License #10401244794 Listed on: 01/12/2021

Douglas Elliman Real Estate

Co-Listed By

Alexander Maroni

Douglas Elliman Real Estate License #10301201619

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,212

Year Built

  • Built in 2020

Lot Details

  • 2,701

HOA Fees

  • $559 Monthly HOA Fees

Home Design

  • 808 Sq Ft Home
  • Pre War Building
  • Entry on the 4th floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Terrace

Utilities

  • No Cooling

Community Details

  • Crownhei Subdivision
  • 8-Story Property

Listing and Financial Details

  • Tax Block 1340

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,212

Year Built

Built in 2020

Lot Details

0

HOA Fees

$559 per month

Listing Details

  • Cross Street: Albany / Troy
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: CROWNHEI
  • Architectural Style: Prewar
  • Entry Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Living Area: 808.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony
  • Patio/Porch Features: Terrace, Balcony

Garage/Parking

  • Garage: No

Utilities

  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 559.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Total Stories: 8
  • Year Built: 2020

Tax Info

  • Tax Block: 1340
  • Tax Annual: 4212.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2021
Closed on
Aug 24, 2021
Sold by
1572 Pacific Capital Llc
Bought by
Kranzler Seth
Seller's Agent
Doug Rand
Douglas Elliman Real Estate
List Price
$749,000
Sold Price
$749,000
Current Estimated Value
$746,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,338
Avg. Annual Appreciation
1.80%
Original Mortgage
$624,750
Outstanding Balance
$566,371
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$240,513
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
Kranzler Seth $735,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kranzler Seth $624,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2021 08/25/21 Sold $749,000 0.0% $927 / Sq Ft
01/12/2021 01/12/21 For Sale $749,000 -- $927 / 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 $8,106 $83,522 $23,488 $60,034
2024 $8,106 $69,589 $23,488 $46,101
2023 $5,295 $75,060 $23,488 $51,572
2022 $6,802 $73,747 $23,488 $50,259
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10691905

Real Estate Board of New York (REBNY)

APN: 01340-1207