NOT LISTED FOR SALE

Estimated Value: $1,477,000 - $1,904,874

3 Beds
2 Baths
-- Sq Ft
$443/mo HOA Fee

Last Sold October 23, 2017

Last sale price $1,235,000

Est. 33% increase in value since last sale

Current estimated payment $10,087/month

77 Days on Market

About This Home

As of October 2017

198 Freeman Street #2 is a massive 3-bedroom/2-bathroom condo that takes up the whole 3rd floor. With a size of 1194 square feet, this is one of the largest condos in Greenpoint.Apartment 2 is a large new condominium that has everything a buyer wants in a Boutique Condo building. When walking into the apartment, buyers will be amazed by the amount of natural light the apartment receives. In addition, the luxury kitchen is a site-to-see featuring smart, high-end stainless steel appliances that include a fully-vented microwave, dishwasher, stove and refrigerator. The kitchen also sports a large island with a breakfast bar.The living room is large enough for a dining table along with an owners full furniture set. One of the bedrooms is near the living room and is perfect for an office space, nursery or actual bedroom that fits a queen sized mattress and more.The other two bedrooms, face the back of the building giving the unit an extra sense of privacy, quietness and tranquility. Both bedrooms are large in size and can fit any sized bed. The master bedroom features an oversized window along with a walk-in closet and built in drawers and shelves. Past the walk-in closet is the ultra convenient master en-suite bathroom.198 Freeman apartment #2 easily stands out as a rare deal because of its size and price. Apartment 2 has spacious bedrooms, quality finishes, central heating & cooling in kitchen & living room area as well as all the bedrooms, an in-unit stacked washer/dryer combo and so much more!If youre looking for a place that truly feels like home, 198 Freeman #2 should be at the top of your list.198freeman.ipg.nyc

Last Agent to Sell the Property

Noel Borbon

Compass License #10401258856 Listed on: 07/07/2017

Compass

Co-Listed By

ERIK SERRAS

Daniel Gale of Brooklyn LLC License #10301223821

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,940

HOA Fees

  • $443 Monthly HOA Fees

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Community Details

  • Brooklyn Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,940

Lot Details

0

HOA Fees

$443 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Brooklyn
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos

Beds/Baths

  • Bathrooms Integer: 2
  • Bedrooms: 3

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 443.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No

Tax Info

  • Tax Block: NA
  • Tax Annual: 5940.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2017
Closed on
Oct 23, 2017
Sold by
198 Freeman Street Llc
Bought by
Patel Leena Nitin
Seller's Agent
Noel Borbon
Compass
List Price
$1,235,000
Sold Price
$1,235,000
Current Estimated Value
$1,640,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$405,719
Avg. Annual Appreciation
3.59%
Original Mortgage
$926,250
Outstanding Balance
$774,301
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$866,418
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
Patel Leena Nitin $1,235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Leena Nitin $926,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2017 10/23/17 Sold $1,235,000 0.0% --
09/23/2017 09/23/17 Pending -- -- --
07/07/2017 07/07/17 For Sale $1,235,000 -- --
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 $12,167 $211,622 $25,808 $185,814
2024 $12,167 $199,069 $25,808 $173,261
2023 $11,266 $165,891 $25,808 $140,083
2022 $10,184 $163,001 $25,808 $137,193
2021 $9,270 $130,380 $25,808 $104,572
2019 $9,661 $117,930 $25,808 $92,122
2018 $9,826 $77,255 $20,287 $56,968
2017 $14,947 $117,518 $3,974 $113,544
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10041301

Real Estate Board of New York (REBNY)

APN: 02513-1102