NOT LISTED FOR SALE

197 Quincy St Unit 3A Brooklyn, NY 11216

Bed-Stuy Neighborhood

Estimated Value: $711,000 - $799,000

1 Bed
1 Bath
584 Sq Ft
$149/mo HOA Fee

Last Sold January 06, 2022

Last sale price $710,000 $1,216 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,525/month

1 Day on Market

About This Home

As of January 2022

Meet 197 Quincy Street, a thoughtfully designed modern condominium building in prime Bedford Stuyvesant. Behind the minimalist Aluminum and IPE fa?ade are a collection of 10 one-and-two-bedroom residences featuring smart floor plans, generous proportions and brilliant craftsmanship.

Apartment 3A is a south-facing one-bedroom, one-bathroom soaked in sunlight all day long. Enter to discover a fantastic floor plan featuring a juliet balcony, custom kitchen open to a 22-foot deep living and dining area offers the flexibility to carve out an area to work from home showcasing 7.5 inch wide oak flooring and floor-to-ceiling windows overlooking tree-lined Quincy Street.

The sleek kitchen boasts custom European cabinetry, Quartz countertops and a Purity of Marble backsplash, with high-end appliances by Fisher & Paykel, Bosch, Samsung and XO ? including wifi-connected induction range with double oven and vented exhaust hood.

The comfortable bedroom offers two closets, and all bathrooms at 197 Quincy Street have been completed with radiant heated flooring and marbled porcelain walls.

Every residence has its own washer/dryer hookup and feature multi-zone heating and cooling systems, double-panel Pella windows, recessed LED lighting, floating Duravit toilets, and solid-core doors. Building amenities include an irrigated common garden, a beautifully finished common rooftop, as well as Amazon entry key accessibility and remote smart video intercom systems.

197 Quincy Street is perfectly located near the border of Clinton Hill and Bedford Stuyvesant, which was just named one of Time Out New York?s five coolest neighborhoods in the world. Local hot spots in both neighborhoods, including Black Swan, Oaxaca Taqueria, Do Or Dive, Pilar, Greenberg?s Bagels, Playground Coffee Shop, Golda, Fancy Nancy, Samurai Papa, and the Bedford Stuyvesant YMCA are all within a few blocks! You?re close to the A/C/G trains at the Bedford-Nostrand stops, making commuting a breeze.

Images shown are a combination of model unit photography. This is not an offering. The complete offering terms are in an offering plan available from the Attorney General. File No. CD200240.

Last Agent to Sell the Property

Nicholas Hovsepian

Corcoran Group License #10401223848 Listed on: 09/20/2021

Corcoran Group

Co-Listed By

James Cornell

Corcoran Group License #30CO0781622

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,564

Year Built

  • Built in 2021

HOA Fees

  • $149 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 584 Sq Ft Home
  • 4-Story Property
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • South Facing Home
  • Cooling Available

Community Details

  • 10 Units
  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Legal Lot and Block 1506 / 01802

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,564

Year Built

Built in 2021

Lot Details

0

HOA Fees

$149 per month

Listing Details

  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Bedford-Stuyvesant
  • Architectural Style: Walk-Up
  • Entry Level: 3
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 584.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: No
  • Exterior Features: None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None, Building Washer Dryer Install Allowed
  • Cooling: Varies by Unit
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 149.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 10
  • Total Stories: 4
  • Year Built: 2021

Tax Info

  • Tax Block: 01802
  • Tax Lot: 1506
  • Tax Annual: 3564.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2021
Closed on
Jan 6, 2022
Sold by
197 Quincy Llc
Bought by
Chang Albert
Seller's Agent
Nicholas Hovsepian
Corcoran Group
List Price
$725,000
Sold Price
$710,000
Premium/Discount to List
-$15,000
-2.07%
Current Estimated Value
$756,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,603
Avg. Annual Appreciation
1.61%
Original Mortgage
$439,000
Outstanding Balance
$403,765
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$352,838
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chang Albert $710,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Albert $439,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2023 10/04/23 For Sale $725,000 0.0% $1,241 / Sq Ft
06/12/2022 06/12/22 Off Market $725,000 -- --
04/24/2022 04/24/22 For Sale $725,000 +2.1% $1,241 / Sq Ft
01/06/2022 01/06/22 Sold $710,000 -2.1% $1,216 / Sq Ft
09/21/2021 09/21/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $725,000 -- $1,241 / 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 $4,948 $80,613 $13,718 $66,895
2024 $4,948 $67,181 $13,718 $53,463
2023 $4,814 $55,984 $13,718 $42,266
2022 $337 $19,714 $13,718 $5,996
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10932249

Real Estate Board of New York (REBNY)

APN: 01802-1506