NOT LISTED FOR SALE

205 Macdougal St Unit 1A Brooklyn, NY 11233

Ocean Hill Neighborhood

Estimated Value: $535,000 - $676,927

2 Beds
1.5 Baths
879 Sq Ft
2018 Built

Sale Details

Date Sold: April 10, 2019

Last sale price $475,000 $540 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,123 / mo

25 Days on Market

Highlights

  • Built in 2018 | Newly Remodeled
  • 4-minute walk to Rockaway Avenue (A,C Line)
  • 3-minute walk to Marion Hopkinson Playground

About This Home

As of April 2019

205 MacDougal brings you exceptional quality and build at affordable pricing in the historic Ocean Hill section of Bedford-Stuyvesant. With 8 units total, this new boutique development features a mix of beautifully appointed 1BR and 1BR + Home Office layouts, as well as two garden level duplexes.

Located just 2 blocks from the Marion Hopkinson Playground, 205 MacDougal spares no attention to detail and will check off all the boxes on your home needs! All homes have 5" solid hardwood floors in a natural finish, spacious bedrooms with great closet space, W/D hookup, central A/C & heating, plus tons of lighting options throughout.

Enjoy entertaining in the open concept kitchen outfitted with white Ceasarstone quartz countertops, subway tile backsplash and sleek custom made cabinetry in white lacquer & tiger striped paneling, and a Kitchen Aid stainless steel appliance package including French Door refrigerator, 5 burner gas range, and dishwasher. The tastefully designed baths come outfitted with white subway tile and multi-colored stone accent walls, grey ceramic floors and white lacquered vanities. Additional Features: Select units with outdoor space.

Unit 1A is a one and a half Bedroom (1.5BR) / One Bath (1BTH) DUPLEX w/ 446sf upper + 433sf on the lower level totaling 879sf.

The first reference to "Ocean Hill", as it regards to the small historic section in the eastern part of Bed-Stuy nestled between Bushwick, East NY, and Crown Heights, is from an 1858 article in the Brooklyn Daily Eagle entitled "Advance in the Value of Brooklyn Real Estate". Flash forward to 2017, where Ocean Hill was ranked by Curbed.com as the #3 best neighborhood in NYC to buy! Come see why at 205 MacDougal, where local favorites like MacDonough Cafe and Daily Press Coffee during the day counterbalance nightlife options of karaoke at Armond's Lounge or cocktails at Anda Lucia Bar & Lounge. Nearby restaurants within the area of burgeoning Bed-stuy like L'Antagonist, Sonora, Blessed Kitchen Experience, Kalina, El Burrito Nacho, and Jay's with local shops like florist Botanical Seven Seas, andYogaStudios, Kim's Fruit Market, Blessed Buy, and Jeffrey Beauty Supply adding to the local community. The Global African History Cultural Institute, Brooklyn Children's Museum, and Ocean Hill Medical are all easily accessible along with Leadership Prep Elementary and Ocean Hill Collegiate Charter Schools both within the area as well.

Transportation options abound with the Rockaway Ave. A/C train located just 2.5 blocks away, plus the JMZ nearby at Chauncey Street and the L train at Bushwick Ave. This is not an offering. The complete offering terms are in an offering plan available from the File No. CD170299.

Last Agent to Sell the Property

Mathew Krem

Corcoran Group License #10301218989 Listed on: 02/27/2018

Corcoran Group

Co-Listed By

Jessica Peters

Douglas Elliman Real Estate License #10301209015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,200

Year Built

  • Built in 2018 | Newly Remodeled

HOA Fees

  • $247 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 879 Sq Ft Home
  • 4-Story Property
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • No Cooling

Community Details

  • Oceanhil Subdivision

Listing and Financial Details

  • Tax Block 1527

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,200

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0 Sq Ft Lot

HOA Fees

$247 per month

Listing Details

  • Cross Street: Thomas S Boyland Street/Rockaway Avenue
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: OCEANHIL
  • Entry Level: 1
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Living Area: 879.0
  • Living Area Units: Square Feet

Beds/Baths

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 247.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Total Stories: 4
  • Year Built: 2018

Tax Info

  • Tax Block: 1527
  • Tax Annual: 7200.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2024
Sold by
Nan Peng Jen
Bought by
Howard Nikolas and Sumaquial Edith
Current Estimated Value
$598,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,875
Outstanding Balance
$384,673
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$213,559

Purchase Details

Listed on
Feb 27, 2018
Closed on
Apr 11, 2019
Sold by
Whitestone 205 Macdougal Llc
Bought by
Nan Peng Jen
Seller's Agent
Mathew Krem
Corcoran Group
List Price
$475,000
Sold Price
$475,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.34%
Source: Public Records
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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
Howard Nikolas $522,500 --
Howard Nikolas $522,500 --
Nan Peng Jen $481,650 --
Nan Peng Jen $481,650 --
Nan Peng Jen $481,650 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howard Nikolas $391,875
Closed Howard Nikolas $391,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2019 04/10/19 Sold $475,000 0.0% $540 / Sq Ft
03/29/2018 03/29/18 Pending -- -- --
03/03/2018 03/03/18 For Sale $475,000 -- $540 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $8,456 $81,135 $19,575 $61,560
2024 $8,456 $67,635 $19,575 $48,060
2023 $8,992 $73,305 $19,575 $53,730
2022 $8,812 $72,023 $19,575 $52,448
2021 $10,392 $84,713 $19,575 $65,138
2020 $10,255 $82,215 $19,575 $62,640
2019 $9,627 $76,613 $19,575 $57,038
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10439963

Real Estate Board of New York (REBNY)

APN: 01527-1001

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