NOT LISTED FOR SALE

Estimated Value: $698,000 - $815,550

1 Bed
1 Bath
769 Sq Ft
$394/mo HOA Fee

Last Sold March 10, 2023

Last sale price $723,000 $940 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,658/month

4 Days on Market

Highlights

  • Rooftop Deck
  • Garage
  • High-Rise Condominium
  • Central Air

About This Home

As of March 2023

421a Tax Abatement 1 BR Condo in Bed-Stuy

Just built in 2021, 175 Spencer St features a 421a Tax Abatement through 2036. At 769 sqft, Unit #5F boasts the second-largest floorplan in the building. With floor-to-ceiling windows, this corner unit offers an abundance of natural sunlight throughout the day with elevated views spanning to the North and East. Modern, open kitchen is finished with Calacatta stone and custom cabinetry with Bosch and Liebherr appliances. Living space is complete with plentiful closet space, a Nest thermostat and a Bosch washer and dryer. The building includes a furnished roof-top with BBQ grill and a fitness center/gym.

Residence Features

Wide-plank hardwood floors

Over-sized windows

Exposed concrete ceilings

Bosch & Liebherr appliances

Calacatta stone counter-tops and backsplash

Bosch washer & dryer

Nest thermostat

Building Amenities

Furnished roof deck w/ BBQ grill

Fitness Center/Gym

Smartphone Video Intercom

Parking subject to availability.

Storage subject to availability.

The Neighborhood Bordering Bed-Stuy, Clinton Hill and Williamsburg, 175 Spencers give residents easy access to a variety of neighborhood cultures and experiences. Enjoy recreational fun at Fort Greene Park, stroll residential streets or explore art galleries like The Bishop and The Candy Factory. Explore new features and businesses at the developing Brooklyn Navy Yard where you can find all of your shopping and lifestyle essentials close to home.

Only a few short blocks from the G train at Bedford-Nostrand, mobility throughout Brooklyn, Manhattan and Queens from 175 Spencer is a breeze. Spend weekends by the waterfront in Williamsburg or Downtown Brooklyn, or head to Manhattan with a quick trip via subway or ferry.

Last Agent to Sell the Property

Candis Lai

Berkshire Hathaway HomeServices New York Properties License #10401333754 Listed on: 01/05/2023

Berkshire Hathaway HomeServices New York Properties

Co-Listed By

Brent Seberhagen

Berkshire Hathaway HomeServices New York Properties License #10401323463

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $228

Year Built

  • Built in 2008

Lot Details

  • 0.66

HOA Fees

  • $394 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 769 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Washer Dryer Allowed
  • Central Air

Listing and Financial Details

  • Tax Block 01763

Community Details

Overview

  • 35 Units
  • High-Rise Condominium
  • Bedford Stuyvesant Subdivision
  • 6-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$228

Year Built

Built in 2008

Lot Details

0

HOA Fees

$394 per month

Listing Details

  • Exposures: East,North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Bedford Stuyvesant
  • Entry Level: 5
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 769.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: No
  • Exterior Features: Building Roof Deck, None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building None, Building Washer Dryer Install Allowed
  • Green Building Features: Green Building
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 394.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 35
  • Total Stories: 6
  • Year Built: 2008

Tax Info

  • Tax Block: 01763
  • Tax Lot: 0000
  • Tax Annual: 228.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2023
Closed on
Mar 9, 2023
Sold by
Brittain Sean and Brittain Timothy
Bought by
Kovacic Sonya
Seller's Agent
Candis Lai
Berkshire Hathaway HomeServices New York Properties
List Price
$699,000
Sold Price
$723,000
Premium/Discount to List
$24,000
3.43%
Total Days on Market
4
Views
30
Current Estimated Value
$781,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,888
Avg. Annual Appreciation
3.19%
Original Mortgage
$53,213
Outstanding Balance
$51,659
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$730,229

Purchase Details

Closed on
Mar 24, 2021
Sold by
Bsp Spencer Llc
Bought by
Brittain Sean and Brittain Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Interest Rate
2.8%
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
Kovacic Sonya $723,000 --
Brittain Sean $697,501 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kovacic Sonya $53,213
Previous Owner Brittain Sean $548,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2023 06/14/23 Off Market $723,000 -- --
03/16/2023 03/16/23 Price Changed $723,000 0.0% $940 / Sq Ft
03/10/2023 03/10/23 Sold $723,000 +3.4% $940 / Sq Ft
01/10/2023 01/10/23 Pending -- -- --
01/05/2023 01/05/23 For Sale $699,000 +0.2% $909 / Sq Ft
04/20/2022 04/20/22 Off Market $697,501 -- --
07/15/2021 07/15/21 Sold $697,501 0.0% $907 / Sq Ft
03/11/2020 03/11/20 Pending -- -- --
03/10/2020 03/10/20 For Sale $697,501 0.0% $907 / Sq Ft
10/19/2018 10/19/18 Rented -- -- --
10/19/2018 10/19/18 For Rent -- -- --
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 $138 $73,675 $7,449 $66,226
2024 $138 $68,272 $7,449 $60,823
2023 $135 $66,932 $7,449 $59,483
2022 $135 $64,343 $7,449 $56,894
2021 $6,804 $55,465 $7,449 $48,016
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10926079

Real Estate Board of New York (REBNY)

APN: 01763-1533