NOT LISTED FOR SALE

197 Spencer St Unit 6B Brooklyn, NY 11205

Bed-Stuy Neighborhood

Estimated Value: $995,000 - $1,051,000

1 Bed
1.5 Baths
1,187 Sq Ft
$966/mo HOA Fee

Last Sold April 01, 2020

Last sale price $850,000 $716 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,349/month

36 Days on Market

Highlights

  • Rooftop Deck
  • Den
  • Eat-In Kitchen
  • City View
  • Balcony
  • Entrance Foyer

About This Home

As of April 2020

Perfectly POSH! As you enter into this super stylish and extraordinary home from the keyed elevator, you are met with a sparking, bright open kitchen adorned with Artemide lighting and hip center island that welcomes entertaining. The chef inspired kitchen with its handsome stainless steel backsplash, solid oak cabinets, top of the line stainless steel appliances including overhead microwave, five burner range, dishwasher, Multipure water filtration system and garbage disposal will be the envy of your friends and family. Into the sunny, west facing ultra-cool living room and designated dining area with savvy exposed brick, where hosting parties of four or more is a breeze. Take the party outside, sip martinis, and watch the sunset from your bodacious balcony with Manhattan skyline views. Passing through to the other side of this super spacious and hip home you will find a customized California Closet, a tucked away laundry closet with washer and dryer, a swank powder room, and a cozy and pin drop quiet guest room that could also double as a home office or nursery. There is yet another well-appointed customized California walk-in closet and a sensational spa inspired bath replete with marble countertop and deep soaking tub. Finally, find your Zen in the massive master suite with unobstructed skyline views, which allows for a king size bed, lounge/office area and much more. With pristine wide oak plank floors, Nested central heat and air, designer lighting, amazing outdoor entertaining space, high ceilings, and blinding light throughout, apartment 6B is unlike anything on the market today!197 Spencer Street is a chic, tax abated ending in 2030, Clinton Hill bording Bedford Stuyvesant boutique condominium. The building recently replaced the roof, installed brand new windows and sliding glass doors, updated the lobby, and had their facades inspected and repaired. Centrally located near Clinton Hill, Downtown Brooklyn, and Williamsburg with Great transportation options, amazing bars and eateries and nightlife like local favorites, Black Swan, Speedy Romeos, Barons, Moloko, and Dynaco which accent this location with the perfect neighborhood amenities. If you are looking for a super stylish, perfectly posh, ultra-hip home, look no more, it is right here!

Last Agent to Sell the Property

Laura Hess

Corcoran Group License #10401260845 Listed on: 01/25/2020

Corcoran Group

Co-Listed By

Linda Peng

Corcoran Group License #10301213787

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17

Year Built

  • Built in 2004

Lot Details

  • 4,008

HOA Fees

  • $966 Monthly HOA Fees

Home Design

  • Entry on the 6th floor

Interior Spaces

  • 1,187 Sq Ft Home
  • Entrance Foyer
  • Den
  • City Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Balcony
  • Central Air

Listing and Financial Details

  • Tax Block 1763

Community Details

Overview

  • 18 Units
  • Clinton Hill Subdivision
  • 9-Story Property

Amenities

  • Rooftop Deck
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$17

Year Built

Built in 2004

Lot Details

0

HOA Fees

$966 per month

Listing Details

  • Cross Street: Willoughby Avenue & De Kalb Avenue
  • Exposures: South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Clinton Hill
  • Entry Level: 6
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 9

Interior Features

  • Interior Features: Den, Entrance Foyer, Eat-in Kitchen
  • Appliances: Dryer, Washer
  • Living Area: 1187.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3
  • Dining Room Type: Den

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Balcony, Building Roof Deck
  • Patio/Porch Features: Balcony, Rooftop

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 966.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 100.0 x 40.0

Building Info

  • New Construction: No
  • Units: 18
  • Total Stories: 9
  • Year Built: 2004

Tax Info

  • Tax Block: 1763

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2024
Sold by
Russo Stephen D
Bought by
Russo Stephen D and Stephen D Russo Revocable Trust
Current Estimated Value
$1,015,192

Purchase Details

Listed on
Jan 25, 2020
Closed on
Mar 30, 2020
Sold by
Arnold Jonathan and Arnold Benjamin Stewart
Bought by
Russo Stephen D
Seller's Agent
Laura Hess
Corcoran Group
List Price
$799,000
Sold Price
$850,000
Premium/Discount to List
$51,000
6.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.27%

Purchase Details

Closed on
Jun 19, 2015
Sold by
Stewart R Benjamin
Bought by
Arnold Jonathan Mao and Arnold Benjamin Stewart

Purchase Details

Closed on
Aug 19, 2004
Sold by
189 Spencer Llc
Bought by
Stewart R Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage
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
Russo Stephen D -- --
Russo Stephen D $850,000 --
Russo Stephen D $850,000 --
Arnold Jonathan Mao -- --
Arnold Jonathan Mao -- --
Stewart R Benjamin $400,530 --
Stewart R Benjamin $400,530 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stewart R Benjamin $316,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2020 04/01/20 Sold $850,000 +6.4% $716 / Sq Ft
03/02/2020 03/02/20 Pending -- -- --
01/25/2020 01/25/20 For Sale $799,000 -- $673 / 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 $17 $100,968 $2,786 $98,182
2024 $17 $97,603 $2,786 $94,817
2023 $16 $89,015 $2,786 $86,229
2022 $16 $86,462 $2,786 $83,676
2021 $16 $81,146 $2,786 $78,360
2020 $13 $91,150 $2,786 $88,364
2019 $17 $87,970 $2,786 $85,184
2018 $17 $86,531 $2,786 $83,745
2017 $17 $80,032 $2,786 $77,246
2016 $17 $83,838 $2,785 $81,053
2015 -- $75,412 $2,785 $72,627
2014 -- $72,047 $2,786 $69,261
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10614802

Real Estate Board of New York (REBNY)

APN: 01763-1212