NOT LISTED FOR SALE

1702 Newkirk Ave Unit 1A Brooklyn, NY 11226

Ditmas Park Neighborhood

Estimated Value: $860,000 - $947,000

2 Beds
1.5 Baths
-- Sq Ft
$321/mo HOA Fee

Last Sold May 12, 2021

Last sale price $699,000

Est. 28% increase in value since last sale

Current estimated payment $5,195/month

124 Days on Market

Highlights

  • New Construction
  • 2-minute walk to Newkirk Avenue (B,Q Line)
  • Central Air
  • Ditmas Junior High school Rated A-
  • Rooftop Deck
  • Laundry Facilities

About This Home

As of May 2021

Immediate Closings + Parking available for purchase + Anticipated 15-year Tax Abatement!

Welcome to 1702 Newkirk Avenue, a boutique 12-unit new construction condominium with modern day amenities. Residence 1A is a light filled two bedroom/one and a half bath unit. As you walk into this charming apartment you are greeted by a gracious dining area and modern kitchen. The kitchen offers flexibility and grandness of space, featuring Kitchen Aid and Fischer & Paykel appliance package, silhouette slide out range hood with adjustable vent speed, push to open and soft close kitchen cabinets as well as a smooth quartz countertop that complements the design aesthetic. The apartment is topped off with rich, 5-inch wide, White Oak flooring.

At night, enjoy the illumination of modern recessed Gimbal lighting with dimmers. The unit is equipped with an intercom system, sound-attentive tilt and turn double-paned windows, Mitsubishi heating and cooling system, w/d closet with hookups, and slate black handles add a bold and sophisticated style to this home. Adjacent to both bedrooms, you have a beautiful spa-like bathroom trimmed with subway tile, MAAX Rubix Soaking tub, rain shower head, durastyle vanity, Toto toilet w/dual flush system, and Duravit Sink. The lower level features a magnificent space for entertaining and leisure.

But that is not all: inside in the common areas, first class amenities await! Distinct indoor and outdoor amenities provide with a sense of community and a fresh spin on city living. The vast amenities include: Gym/yoga room, storage rooms, bike room, laundry hook-up in every unit, a modern lobby with waiting area and private roof decks and parking available for purchase. Enjoy the common outdoor rooftop recreation area with dining + entertainment space, equipped with a BBQ grills, water lines and, automatic plant irrigation system and stunning views of the city & Ditmas Park! Welcome to 1702 Newkirk Avenue. Located in the renowned neighborhood of Ditmas Park. Just seconds away from Newkirk Plaza B & Q Trains, supermarkets, stores, restaurants, cafes and more! All measurements are approximate. The complete offering terms are in an offering plan available from the File No: CD 19-0015

Last Agent to Sell the Property

Armend Duka

Corcoran Group License #10401337971 Listed on: 10/14/2020

Corcoran Group

Co-Listed By

Salomon Danielov

Corcoran Group License #10401221164

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $360

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 4,182

HOA Fees

  • $321 Monthly HOA Fees

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Central Air

Listing and Financial Details

  • Tax Block 5217

Community Details

Overview

  • 12 Units
  • 1702 Newkirk Avenue Condos
  • Ditmas Park Subdivision
  • 6-Story Property

Amenities

  • Rooftop Deck
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$360

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$321 per month

Listing Details

  • Cross Street: Newkirk Avenue & East 17th Street
  • Exposures: East,South,West
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: Ditmas Park
  • Entry Level: 1
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Rooms (Total): 4

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Roof Deck

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 321.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Building Name: 1702 Newkirk Avenue
  • Units: 12
  • Total Stories: 6
  • Year Built: 2019

Tax Info

  • Tax Block: 5217
  • Tax Annual: 72.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2020
Closed on
May 12, 2021
Sold by
1702 Newkirk Avenue Llc
Bought by
Cohen Tiffany
Seller's Agent
Armend Duka
Corcoran Group
List Price
$749,000
Sold Price
$699,000
Premium/Discount to List
-$50,000
-6.68%
Current Estimated Value
$895,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,953
Avg. Annual Appreciation
5.94%
Original Mortgage
$629,100
Outstanding Balance
$571,680
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$324,273
Source: Public Records

Range of Values:

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Average Value
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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
Cohen Tiffany $711,756 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cohen Tiffany $629,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2021 05/12/21 Sold $699,000 -6.7% --
02/16/2021 02/16/21 Pending -- -- --
10/14/2020 10/14/20 For Sale $749,000 -- --
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 $360 $82,701 $7,020 $75,681
2024 $360 $77,227 $7,020 $70,207
2023 $353 $71,533 $7,020 $64,513
2022 $352 $70,832 $7,020 $63,812
2021 $352 $65,762 $7,020 $58,742
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10675616

Real Estate Board of New York (REBNY)

APN: 05217-1007