NOT LISTED FOR SALE

Estimated Value: $236,175 - $319,000

Studio
1 Bath
550 Sq Ft
$505/Sq Ft Est. Value

Last Sold December 12, 2023

Last sale price $225,000 $409 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,722/month

Highlights

  • Virtual Doorman
  • 2-minute walk to Neck Road
  • Window Unit Cooling System
  • Intercom to Front Desk
  • Wood Flooring
  • Handicap Accessible

About This Home

As of December 2023

Bright and spacious L-shaped studio in move-in condition for sale in desirable Sheepshead Bay/Homecrest area of Brooklyn!
This is not your ordinary studio apartment! It features a spacious hallway, three closets, a windowed separate bedroom area (in an alcove), a full tiled bathroom with a tub and a separate kitchen.
The high floor apartment overlooks the quiet side of the building and features three recently upgraded windows with eastern exposure. With plenty of natural light and views of lush greenery, this home offers peace and tranquility.

The beautifully updated lobby and elevator, cutting edge security system that you can access from your phone, upgraded card-operated laundry room, parking and storage units, and a courteous on-site superintendent are all features of this immaculately maintained building.
Your new residence is ideally situated close to EVERYTHING: one block from the Neck Road subway station (B/Q), a short distance from buses on Coney Island, Net Cost supermarket, Cafe Anyway, a Russian Bath, pharmacies, medical centers, and places of worship.
The low monthly maintenance is only $417 and includes all major utilities except electric. Sublets (after 2 years of residency) and cats are permitted. COME SEE IT BEFORE IT’S GONE.

Last Agent to Sell the Property

Natalya Gershanovich

RE/MAX City Square License #10401335127 Listed on: 07/17/2023

RE/MAX City Square

Last Buyer's Agent

Natalya Gershanovich

RE/MAX City Square License #10401335127 Listed on: 07/17/2023

RE/MAX City Square

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1960

Home Design

  • 550 Sq Ft Home
  • Entry on the 4th floor

Flooring

  • Wood
  • Ceramic Tile

Utilities

  • Window Unit Cooling System
  • Gas Available
  • Septic System

Additional Features

  • 1 Full Bathroom
  • Handicap Accessible
  • Sprinkler System

Listing and Financial Details

  • 225 Shares in the Co-Op
  • $833 Flip Tax

Community Details

Overview

  • 66 Units
  • Association Phone (516) 569-5959
  • Neck Road Arms Condos
  • Property managed by ARAS Properties
  • Board Approval is Required

Amenities

  • Virtual Doorman
  • Laundry Facilities
  • Intercom to Front Desk
  • Secure Lobby

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Co-Op

Year Built

Built in 1960

Listing Details

  • Bank Finance Y N U: Yes
  • Total Bathrooms: 1.00
  • Baths Total Level1: 1.00
  • Board Approval Y N U: Yes
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Co Op Shares: 225.00
  • Cross Street: Gravesend Neck Rd
  • Cross Street Name2: Avenue X
  • Fee Includes Assessment Y N: No
  • Flip Tax Fee: 832.50
  • Flip Tax Fee Type: $
  • Handicap Access Y N U: Yes
  • Maintenance Common Fee: 417.00
  • Negotiate Thru: Broker
  • Property Sub Type: Coop
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Window
  • Fill Sq Ft Total: 550
  • Stock Certificate Y N: Yes
  • Street Name I D X: 13th
  • Sub Lease Yn: Yes
  • Waterfront Present: No
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 1
  • Flooring: Ceramic, Hardwood
  • Entry Floor: 4
  • Pets Allowed: No
  • Basement Type: Apartment

Exterior Features

  • Exterior Building Type: Detached

Utilities

  • Air Conditioning Units: 1
  • Utilities: Gas, Heat, Septic, Sewer, Sprinkler System, Water

Condo/Co-op/Association

  • Management Company: ARAS Properties
  • Manager Phone: 516-569-5959
  • Units In Building: 66

Lot Info

  • Building Project Name: Neck Road Arms

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2023 12/12/23 Sold $225,000 -1.7% $409 / Sq Ft
08/13/2023 08/13/23 Price Changed $229,000 -4.2% $416 / Sq Ft
07/17/2023 07/17/23 For Sale $239,000 -- $435 / Sq Ft
07/17/2023 07/17/23 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 -- -- -- --
2024 -- $0 $0 $0
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $210,852 $2,062,350 $265,050 $1,797,300
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 475529

Brooklyn Board of REALTORS®
Your Personal Tour Guide

Ask me questions while you tour the home.