NOT LISTED FOR SALE

Estimated Value: $1,146,000 - $1,452,000

2 Beds
1 Bath
-- Sq Ft
$937/mo HOA Fee

Last Sold September 17, 2021

Last sale price $1,250,000

Current estimated payment $7,579/month

15 Days on Market

Highlights

  • Rooftop Deck
  • Intercom
  • Central Air
  • Magnet School of Math Science & Design Technology Rated A
  • Patio
  • 5-minute walk to Detective Joseph Mayrose Park

About This Home

As of September 2021

Check all of your boxes with this mint condition, two bed, three bath duplex with private outdoor space and a deeded parking spot!! Conveniently located on the first floor, there is a large coat closet upon entering with plenty of rooms for a stroller or scooters, as well as adjacent built in shoe storage to make life easy. Beyond the foyer is the open concept living space, which has been thoughtfully renovated to include attractive built-in cabinets under the stairs, as well as built-in bookcases behind the couch, offering a place for everything. The smart layout includes ample space for dining as well, and excellent light from a wall of windows overlooking your private patio beyond. The well appointed kitchen features a large island that houses the sink and recently installed Bosch dishwasher, offering plenty of prep space. There is also a Fisher Paykel range, drawer microwave and Fisher Paykel full size fridge. The attractive cabinets offer ample storage, which is complimentary by a full-size pantry! Outside, your garden oasis is nestled between lovely mature trees offering dappled shade throughout the day. Enjoy grilling out with friends, gardening, reading in a hammock, or simply working from home while enjoying balmy breezes and listening to the birds chirp away. A full bath with a stall shower completes the floor.

Upstairs one comes to a well sized landing off of which is the in-unit washer and dryer, as well as another full bathroom, this time with a deep soaking tub. Next is the second bedroom, featuring a wall of closets, as well as an oversized picture window framing the view of a gorgeous neighboring tree. The spacious master bedroom is next, offering excellent light via another wall of windows, en suite bathroom, ample closet space, and room for both a large dresser and home office set up. Mini-splits are found throughout for central air and heat, allowing you to be in complete control of your climate needs room by room.

As if that were not enough, this unit also comes with its own deeded parking spot in the secure garage below the building, which also includes plenty of extra space to park bikes, etc. The unit also includes a large storage closet located in the garage. In addition, residents enjoy a lovely, shared backyard, where children play together on communal play equipment or cool off in a kiddie pool on a hot day, while adults relax in inviting Adirondack chairs and visit with neighbors. For yet another outdoor option, there is also a spacious common roof deck, partially shaded by a massive neighboring tree, with sweeping views of the Manhattan skyline! Prospect Park Terrace is a professionally managed, pet friendly, 27-unit building completed in 2011. There is a company that handles general housekeeping and garbage removal, as well as a grounds team to maintain the side and back yards, including snow shoveling and leaf removal. The common charges of $937.43 includes a monthly assessment of $382.52, expiring 03/29/2031. There is also a 25yr tax abatement in place until 06/30/2036. Currently zoned for PS 10.

Last Agent to Sell the Property

Bridget Applegate

Corcoran Group License #10301216099 Listed on: 06/02/2021

Corcoran Group

Co-Listed By

Charlie Pigott

Corcoran Group License #10301210078

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $420

Year Built

  • Built in 1920

HOA Fees

  • $937 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 4-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Patio
  • Central Air

Listing and Financial Details

  • Tax Block 1112

Community Details

Overview

  • 27 Units
  • The Prospect Terrace Condos
  • Park Slope Subdivision

Amenities

  • Rooftop Deck
  • Community Garden
  • Building Terrace
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$420

Year Built

Built in 1920

Lot Details

0

HOA Fees

$937 per month

Listing Details

  • Cross Street: WINDSOR PLACE and PROSPECT AVENUE
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Park Slope
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Dryer, Washer
  • Equipment (Other): Intercom
  • Rooms (Total): 4

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 937.43
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: The Prospect Terrace
  • Units: 27
  • Total Stories: 4
  • Year Built: 1920

Tax Info

  • Tax Block: 1112
  • Tax Annual: 420.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Sep 17, 2021
Sold by
Grossman David Michael and Walker Melissa Carol
Bought by
Mccarthy Eva Miriam and Mccarthy Ryan J
Seller's Agent
Bridget Applegate
Corcoran Group
List Price
$1,250,000
Sold Price
$1,250,000
Current Estimated Value
$1,249,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$152
Avg. Annual Appreciation
-0.00%
Original Mortgage
$893,750
Outstanding Balance
$813,246
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$436,602

Purchase Details

Closed on
Jun 28, 2011
Sold by
Prospect Terrace Llc
Bought by
Grossman David M and Walker Melissa C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$563,950
Interest Rate
4.58%
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
Mccarthy Eva Miriam $1,375,000 --
Grossman David M $704,942 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccarthy Eva Miriam $893,750
Previous Owner Grossman David M $563,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2021 09/17/21 Sold $1,250,000 0.0% --
06/18/2021 06/18/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $1,250,000 -- --
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 $429 $107,870 $13,953 $93,917
2024 $429 $109,627 $13,953 $95,674
2023 $421 $100,335 $13,953 $86,382
2022 $420 $97,014 $13,953 $83,061
2021 $421 $78,512 $13,953 $64,559
2020 $207 $88,681 $13,953 $74,728
2019 $433 $85,952 $13,953 $71,999
2018 $437 $82,950 $13,953 $68,997
2017 $437 $80,236 $13,953 $66,283
2016 $443 $74,042 $13,953 $60,089
2015 $346 $69,604 $13,953 $55,651
2014 $346 $67,464 $13,953 $53,511
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10723161

Real Estate Board of New York (REBNY)

APN: 01112-1111