NOT LISTED FOR SALE

Estimated Value: $1,087,000 - $1,283,030

1 Bed
1.5 Baths
1,125 Sq Ft
$485/mo HOA Fee

Last Sold May 13, 2022

Last sale price $995,000 $884 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,926/month

14 Days on Market

Highlights

  • Rooftop Deck
  • 2-minute walk to 4 Avenue-9 Street (D,M,N,R Line)
  • Intercom
  • P.S. 124 Silas B Dutcher Rated A-
  • City View
  • 4-minute walk to Washington Park Dog Run

About This Home

As of May 2022

3 for the price of 1 :: A bright, tranquil and modern 1125 sq ft duplex awaits on tree-lined 7th street in trendy Gowanus. Located in a boutique condo building at the ideal intersection of Park Slope and Gowanus, legal 1 bed used as 2, this spacious home is perfect for those who want modern comfort at an affordable price.

On the upper level, enjoy lovely northern light all day from the expansive floor to ceiling windows and an open concept living space. The spacious kitchen features stainless steel appliances, dishwasher, custom cabinetry and a large Carrera marble island perfect for dining and entertaining. The peaceful primary bedroom, full bath and washer dryer complete this floor.

On the lower level, a sizable flex space awaits. Currently set up as a home office, media room and a guest/sleeping area plus half bath, this space is easily convertible to 2 more sleeping areas (to be used like a 3 bedroom), a library, media room, gym and more. Last but not least, the common roof deck just a few short flights up offers open city views and an additional space for entertaining.

Incredibly low monthlies and a tax abatement until 2026 makes this home a true value. Located at the intersection of Gowanus and Park Slope, it's minutes away from Michelin star restaurants, boutique shops, Whole Foods, Four and Twenty Blackbirds, Washington Park, the local farmer's market and the F, G and R trains. Private storage locker and bike storage available. This elevatored, self managed condo is pied-a-terre and pet friendly. See it before it's gone.

Last Agent to Sell the Property

Shii Huang

Compass License #30HU1034146 Listed on: 03/22/2022

Compass

Co-Listed By

Alexander Clark

Corcoran Group License #10301220725

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $660

Year Built

  • Built in 2010

Lot Details

  • North Facing Home

HOA Fees

  • $485 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,125 Sq Ft Home
  • City Views
  • Intercom

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Legal Lot and Block 7502 / 997

Community Details

Overview

  • Gowanus Subdivision
  • 5-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$660

Year Built

Built in 2010

Lot Details

0

HOA Fees

$485 per month

Listing Details

  • Cross Street: 3rd Avenue/4th Avenue
  • Exposures: North
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: Gowanus
  • Entry Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Dryer, Washer
  • Equipment (Other): Intercom
  • Living Area: 1125.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Roof Deck

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 485.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 5
  • Year Built: 2010

Tax Info

  • Tax Block: 997
  • Tax Lot: 7502
  • Tax Annual: 660.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2022
Closed on
May 12, 2022
Sold by
Klein David G
Bought by
Wadhwa Rohan
Seller's Agent
Shii Huang
Compass
List Price
$995,000
Sold Price
$995,000
Current Estimated Value
$1,184,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,258
Avg. Annual Appreciation
5.19%
Original Mortgage
$796,000
Outstanding Balance
$756,318
Interest Rate
5.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$427,940

Purchase Details

Closed on
Jun 29, 2010
Sold by
232 7Th Street Llc
Bought by
Klein David G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.78%
Mortgage Type
Purchase Money Mortgage
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
Wadhwa Rohan $995,000 --
Klein David G $486,720 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wadhwa Rohan $796,000
Previous Owner Klein David G $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2022 05/13/22 Sold $995,000 0.0% $884 / Sq Ft
03/22/2022 03/22/22 For Sale $995,000 -- $884 / 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 $2,175 $150,660 $16,200 $134,460
2024 $2,175 $125,550 $16,200 $109,350
2023 $1,551 $104,625 $16,200 $88,425
2022 $1,061 $102,825 $16,200 $86,625
2021 $662 $120,960 $16,200 $104,760
2020 $325 $132,705 $16,200 $116,505
2019 $680 $126,090 $16,200 $109,890
2018 $686 $18,095 $2,182 $15,913
2017 $686 $16,755 $2,349 $14,406
2016 $695 $16,755 $2,693 $14,062
2015 $543 $15,515 $2,992 $12,523
2014 $543 $15,033 $3,107 $11,926
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10770907

Real Estate Board of New York (REBNY)

APN: 00997-1301