NOT LISTED FOR SALE

Estimated Value: $502,000 - $643,000

1 Bed
1 Bath
595 Sq Ft
6,665 Sq Ft Lot

Last Sold April 05, 2023

Last sale price $605,000 $1,017 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $3,686/month

Highlights

  • Intercom to Front Desk
  • 3-minute walk to 20 Avenue (D,M Line)
  • Laundry Facilities
  • Multiple cooling system units

About This Home

As of April 2023

Located in the heart of the culturally rich, historic community of Bensonhurst, Tower 85 is south Brooklyn's newest and most elegant residential condominium development. This 4-story building comprises 11 thoughtfully designed residences, 2 community facility units, and 9 underground parking spaces. Featuring, kitchen w/ marble countertop, open space living room combo, bedroom, full bathroom, hardwood floor , split Ac Unit, Laundry area, balcony 177sqf, Keyless entry, Monitor Intercom and more… It is close to Brooklyn's Chinatown, home to authentic Asia cuisine, supermarkets, bakeries, transportation "D" train, buses, nearby Expressway and more.

Last Agent to Sell the Property

WeiXing(Winston) Lao

E House Realty & Mgt. Inc. Listed on: 02/23/2022

Co-Listed By

David Feng

E House Realty & Mgt. Inc.

Last Buyer's Agent

Eric Chan

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,845

Year Built

  • Built in 2022

Lot Details

  • 6,665

Home Design

  • 595 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Stove
  • Multiple cooling system units

Listing and Financial Details

  • Tax Block 6346

Community Details

Overview

  • 13 Units
  • Tower 85 Condos
  • Property managed by Tower 85

Amenities

  • Laundry Facilities
  • Intercom to Front Desk
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,845

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Total Bathrooms: 1.00
  • Baths Total Level1: 1.00
  • Beds Total Level1: 1
  • Borough: Brooklyn
  • Co List Office Mls Id: 117391
  • Co List Office Phone: (718) 551-4795
  • Confirmed By M L S Y N: Yes
  • Cross Street: 21 Ave and 85 St
  • Down Payment Required: 20
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: Unknown
  • Maintenance Common Fee: 384.79
  • Negotiate Thru: Broker
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: A/C Unit, Elevator, Laundry Area, Refrigerator, Stove
  • Rooms Total Level1: 1
  • Fill Sq Ft Total: 595
  • Street Name I D X: 85th
  • Street Number I D X: 2066
  • Year Built: 2022
  • Special Features: NewHome

Interior Features

  • Basement Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Floor: 2
  • Room Count: 2
  • Total Rooms: 1
  • Basement Type: Apartment

Exterior Features

  • Lot Number: 34

Utilities

  • Air Conditioning Units: 2
  • Utilities: Sewer, Water

Condo/Co-op/Association

  • Management Company: Tower 85
  • Manager Phone: 000-000-0000
  • Units In Building: 13

Lot Info

  • Building Project Name: Tower 85

Tax Info

  • Tax Abatement: No
  • Flip Tax Amount: 3844.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2022
Closed on
Apr 5, 2023
Sold by
2066 85 St Bk Llc
Bought by
Lee Stacy
Seller's Agent
WeiXing(Winston) Lao
E House Realty & Mgt. Inc.
Buyer's Agent
Eric Chan
List Price
$585,000
Sold Price
$605,000
Premium/Discount to List
$20,000
3.42%
Current Estimated Value
$570,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,604
Avg. Annual Appreciation
-2.41%
Original Mortgage
$484,000
Outstanding Balance
$471,546
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$98,850
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
Lee Stacy $616,041 --
Lee Stacy $616,041 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Stacy $484,000
Closed Lee Stacy $484,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2023 04/05/23 Sold $605,000 +3.4% $1,017 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $585,000 -- $983 / Sq Ft
Source: Brooklyn Board of REALTORS®

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 $7,006 $61,884 $12,458 $49,426
2024 $7,006 $59,708 $12,458 $47,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 459295

Brooklyn Board of REALTORS®

APN: 06346-1003