NOT LISTED FOR SALE

1673 Ocean Ave Unit 4-E Brooklyn, NY 11230

Midwood Neighborhood

Estimated Value: $344,000 - $444,000

Studio
1 Bath
420 Sq Ft
$215/mo HOA Fee

Last Sold June 18, 2021

Last sale price $299,000 $712 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,682/month

341 Days on Market

Highlights

  • New Construction
  • Rooftop Deck
  • Central Air
  • P.S. 193 Gil Hodges Rated A-
  • Balcony
  • 3-minute walk to Kolbert Playground

About This Home

As of June 2021

Welcome to The Luxe Condominium, a ground-up new development -- where timeless elegance meets undeniable value. Note: All appointments are being held at the off-site model apartment showroom. Building expected completion is currently estimated for Summer 2020. Apartment 4E at The Luxe contains a modern studio layout + private balcony. All residences in the building feature handsome weathered gray oak durable multi-layer engineered flooring, sound-attentive Pella double-paned windows, striking Caeserstone slab counters and backsplashes, custom-built Scavolini cabinetry & millwork, high-end appliances, and contemporary fixtures & finishes throughout. All units at The Luxe also include one storage unit! At The Luxe, amenities await. Featuring a well-appointed lobby with virtual doorman and package room, state of the art fitness center, lavish resident lounge, and rooftop recreation area with outdoor kitchenette, The Luxe does not fail to deliver on first class features for a boutique sized building. Located in the heart of Midwood, with access on the Q line -- residents will be a short ride away from the Coney Island Boardwalk in one direction, or Prospect Park/Park Slope in the other. With multiple local main corridors (namely Avenue J & Avenue M) and being in very close proximity to famed Brooklyn College, this is a truly unique location to call home base.

Last Agent to Sell the Property

David Fernandez

Serhant License #40FE1052956 Listed on: 01/12/2020

Serhant

Co-Listed By

Andrew Appell

Serhant License #10401290171

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,776

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 8,364

HOA Fees

  • $215 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 420 Sq Ft Home
  • Entry on the 4th floor

Additional Features

  • 1 Full Bathroom
  • Balcony
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 10 / 7820

Community Details

Overview

  • Midwood Subdivision
  • 8-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,776

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$215 per month

Listing Details

  • Cross Street: Avenue K/Avenue L
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midwood
  • Entry Level: 4
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Living Area: 420.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Exterior Features

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

Garage/Parking

  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 215.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: Yes
  • Total Stories: 8
  • Year Built: 2020

Tax Info

  • Tax Block: 7820
  • Tax Lot: 10
  • Tax Annual: 4776.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2020
Closed on
Jun 14, 2021
Sold by
1665-1673 Ocean Llc
Bought by
Diaz Juan C
Seller's Agent
David Fernandez
Serhant
List Price
$299,000
Sold Price
$299,000
Current Estimated Value
$385,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,969
Avg. Annual Appreciation
5.77%
Original Mortgage
$269,100
Outstanding Balance
$242,573
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$143,396
Source: Public Records
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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
Diaz Juan C $303,186 --
Diaz Juan C $303,186 --
Diaz Juan C $303,186 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diaz Juan C $269,100
Closed Diaz Juan C $269,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2021 06/18/21 Sold $299,000 0.0% $712 / Sq Ft
12/18/2020 12/18/20 Pending -- -- --
01/12/2020 01/12/20 For Sale $299,000 -- $712 / 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 $5,391 $46,991 $4,971 $42,020
2024 $5,391 $45,260 $4,971 $40,289
2023 $5,129 $44,242 $4,971 $39,271
2022 $5,078 $43,763 $4,971 $38,792
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10688642

Real Estate Board of New York (REBNY)

APN: 07620-1020