NOT LISTED FOR SALE

211 Schermerhorn St Unit 4A Brooklyn, NY 11201

Downtown Brooklyn Neighborhood

Estimated Value: $1,385,269 - $1,456,000

2 Beds
2 Baths
1,098 Sq Ft
$1,336/mo HOA Fee

Last Sold February 08, 2021

Last sale price $1,225,000 $1,116 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $10,581/month

176 Days on Market

Highlights

  • Full Time Doorman
  • 1-minute walk to Hoyt Street-Schermerhorn Street
  • New Kitchen
  • Newly Remodeled
  • New Bathroom
  • Balcony

About This Home

As of February 2021

SHOWINGS ARE CURRENTLY BEING HELD AT THE BUILDING BY APPOINTMENT ONLY. PLEASE GIVE THE SALES TEAM AT LEAST 24 HOUR NOTICE TO ARRANGE AN APPOINTMENT.

Unit 4A is a stately 2 bedroom, 2 bathroom apartment, situated away from the bustle of Schermerhorn. The wing layout and affordable price point makes it the perfect home OR investment. The kitchen has been thoughtfully situated to allow for a great room with formal space for a dining table and a spacious living room.

211 Schermerhorn is a true Brooklyn original. Designed by visionary architect Morris Adjmi and distinguished by its stunning oversized industrial-inspired casement windows and Danish brick facade, this 48-unit building offers the best of all worlds; a perfectly scaled collection of one, two and three bedroom residences at the crossroads of four historic landmarked neighborhoods. Enjoy an easy to commute to work with every subway line right outside your door, and the world-class amenities of historic Boerum Hill, Fort Greene, Brooklyn Heights and Cobble Hill all within a stone?s throw. Experience the intimacy of a modestly-scaled full-service building that pays respect to the rich historic roots of the neighborhood with a dramatic nod to industrial-loft living and the warmth of mid-century interior design.

Come home every day to superior craftsmanship and high-quality custom finishes throughout. Many of the homes also offer private outdoor spaces including balconies, gardens and terraces. Wide oak plank floors treated with a matte oil finish lends a warmth and character to these homes that is also reflected in the iconic arched casement windows. Solid white oak cabinetry lends an artisanal and minimalist feel augmented by fully paneled appliances and subtle pulls. Enjoy Bertazzoni, Liebherr and Bosch appliances and a stunning honed Carrara countertop with a waterfall edge. Master bathrooms include a suite of Lefroy Brooks fixtures, double vanity with Bianco Bello slab marble countertops, and Bianco Carrara herringbone floors. The subtle blending of rich and classic materials used in a contemporary manner are the trademark of this special building. A Bosch washer and dryer in every home for added convenience.

The building itself offers a full level of club amenities including a fully-equipped fitness center with cardio and weight training, a private yoga room, a resident?s lounge complete with a pool table, media room and playroom. Complimentary bike storage and private storage units available for sale. The complete offering terms are in the Offering Plan, which is available from Sponsor. File No. CD17-0121.

Last Agent to Sell the Property

Deborah Rieders

Corcoran Group License #30RI0955004 Listed on: 01/14/2020

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,012

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • Northwest Facing Home
  • Property is in excellent condition

HOA Fees

  • $1,336 Monthly HOA Fees

Home Design

  • 1,098 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • New Bathroom
  • 2 Full Bathrooms

Additional Features

  • New Kitchen
  • Balcony

Listing and Financial Details

  • Tax Block 165

Community Details

Overview

  • 48 Units
  • Downtown Brooklyn Subdivision
  • 14-Story Property

Amenities

  • Full Time Doorman
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,012

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$1,336 per month

Listing Details

  • Cross Street: HOYT STREET and BOND STREET
  • Exposures: North, West
  • BuildingRules: BuildingWasherDryerAllowed
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Downtown Brooklyn
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 14

Interior Features

  • Appliances: Washer Dryer
  • Living Area: 1098.0
  • Living Area Units: Square Feet
  • Kitchen Condition: New
  • Floor Number: 4

Beds/Baths

  • Bathroom Condition: New
  • Bathrooms Total: 2
  • Full Bathrooms: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Balcony
  • Property Condition: Excellent

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1336.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • New Development: Yes
  • Units: 48
  • Total Stories: 14
  • Year Built: 2018
  • Roof Rights: No
  • Lobby Attendance Type: DoormanFullTime

Tax Info

  • Tax Block: 165
  • Building Tax Lot: NA
  • Tax Annual: 6012.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2020
Closed on
Feb 3, 2021
Sold by
211 Schermerhorn Development Llc
Bought by
Banks Corey
Seller's Agent
Deborah Rieders
Corcoran Group
List Price
$1,345,000
Sold Price
$1,225,000
Premium/Discount to List
-$120,000
-8.92%
Current Estimated Value
$1,414,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,859
Avg. Annual Appreciation
2.64%
Original Mortgage
$940,000
Outstanding Balance
$845,772
Interest Rate
2.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$531,408
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
Banks Corey $1,175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banks Corey $940,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2021 02/08/21 Sold $1,225,000 -8.9% $1,116 / Sq Ft
07/09/2020 07/09/20 Pending -- -- --
01/14/2020 01/14/20 For Sale $1,345,000 -- $1,225 / 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 $17,984 $190,248 $8,084 $182,164
2024 $17,984 $159,739 $8,084 $151,655
2023 $15,782 $164,311 $8,084 $156,227
2022 $13,771 $144,849 $8,084 $136,765
2021 $12,310 $125,170 $8,084 $117,086
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10614790

Real Estate Board of New York (REBNY)

APN: 00165-1210