--
Bed
0.5
Bath
750
Sq Ft
$408/mo
HOA Fee
Highlights
- Central Air
- No Heating
- 4-minute walk to McGolrick Playground
- South Facing Home
About This Home
As of May 2025Price adjustment for Unit 502 at 231 Norman Avenue aka the Greenpoint Lofts -- a commercial condo building in prime north Brooklyn with a recently redone exterior, a full-time super, low common charges, lower taxes, and a fantastic 10k SF roof deck with 360-degree views.
Unit 502 was fully renovated less than five years ago and is currently utilized as a luxury photography studio and office. It features 13.5’ ceilings, large windows facing south that bring in tons of light with unobstructed views, and a clean layout that could work for many different types of end-users – artist’s studio, creative office, showroom, etc. – or for investors looking at the long-term appreciation in the area. Financially, this condo presents a sensible investment with total expenses of ~$550/month between common charges and taxes, ensuring manageable overhead costs moving forward.
Feel free to reach out with additional questions or to schedule a showing at your convenience.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,860
Year Built
- Built in 1913
HOA Fees
- $408 Monthly HOA Fees
Home Design
- 750 Sq Ft Home
Utilities
- Central Air
- No Heating
Additional Features
- 0.5 Bathroom
- South Facing Home
Community Details
- 68 Units
- Greenpoint Subdivision
- 5-Story Property
Listing and Financial Details
- Legal Lot and Block 1058 / 02629
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 28, 2025
Closed on
May 28, 2025
Sold by
White Landscapes Llc
Bought by
Plorge Properties Llc
Seller's Agent
Nathan Horne
Compass
List Price
$440,000
Sold Price
$400,000
Premium/Discount to List
-$40,000
-9.09%
Views
19
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.19%
Purchase Details
Closed on
May 27, 2016
Sold by
Bio Cellular Properties Inc
Bought by
White Landscapes Llc
Purchase Details
Closed on
Jun 27, 2008
Sold by
231 Norman Avenue Property Development L
Bought by
Bio Cellular Properties Inc
Similar Homes in Brooklyn, NY
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $400,000 | -- | |
| Deed | $420,000 | -- | |
| Deed | $262,708 | -- | |
| Deed | $262,708 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/28/2025 05/28/25 | Sold | $400,000 | -5.9% | $533 / Sq Ft |
| 05/14/2025 05/14/25 | Pending | -- | -- | -- |
| 03/18/2025 03/18/25 | Price Changed | $425,000 | -3.4% | $567 / Sq Ft |
| 01/28/2025 01/28/25 | For Sale | $440,000 | -- | $587 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
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 | $2,943 | $69,499 | $3,550 | $65,949 |
| 2024 | $2,943 | $66,421 | $3,550 | $62,871 |
| 2023 | $2,314 | $58,483 | $3,550 | $54,933 |
| 2022 | $1,705 | $55,068 | $3,550 | $51,518 |
| 2021 | $406 | $46,041 | $3,550 | $42,491 |
| 2020 | $39 | $57,332 | $3,550 | $53,782 |
| 2019 | $984 | $57,332 | $3,550 | $53,782 |
| 2018 | $833 | $50,166 | $3,550 | $46,616 |
| 2017 | $833 | $46,157 | $3,550 | $42,607 |
| 2016 | $838 | $46,133 | $3,550 | $42,583 |
| 2015 | $616 | $46,634 | $3,549 | $43,085 |
| 2014 | $616 | $41,684 | $3,550 | $38,134 |
Source: Public Records
Agents Affiliated with this Home
-
Nathan Horne
Seller's Agent in 2025
Nathan Horne
Compass
(706) 255-5657
2 in this area
18 Total Sales
About This Building
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS11031253
APN: 02629-1058
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.
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