NOT LISTED FOR SALE

244 Franklin Ave Unit 3A Clinthl, NY 11205

Bed-Stuy Neighborhood

Estimated Value: $659,000 - $776,000

1 Bed
1 Bath
-- Sq Ft
2,483 Sq Ft Lot

Last Sold May 18, 2017

Last sale price $555,000

Est. 33% increase in value since last sale

Current estimated payment $4,728/month

Highlights

  • Pre War Building
  • 4-minute walk to Classon Avenue
  • 2-minute walk to Lafayette Gardens Playground
  • Balcony

About This Home

As of August 2023

Enjoy perfect designer condo living in this chic and spacious 1-bedroom home at the nexus of Clinton Hill and Bed-stuy. Upon entering this sun-kissed home, you're greeted by a dreamy chef's kitchen open to a large living room with a balcony. The owner spared no expense as they've added additional built-in storage in the entrance along with charming wall accents, adding warmth and richness. The sleek kitchen boasts a floating vented island cooktop, Bosch and GE appliance package and a combo washer and dryer neatly tucked under the kitchen counter. The bedroom is ample with plenty of closet space and the bathroom is tastefully designed to accompany the home. The combination of size, space, and light offers the perfect balance rarely found in city living. The gracious home is available 9/1 and pets are allowed on approval. Please contact us directly for a viewing.

244 Franklin Ave. is a boutique condo development found in the intersection of prime Clinton Hill and Bed-stuy, where brownstone and tree-lined streets are abundant. Incredible neighborhood cafes, eateries, gourmet groceries, shops and amenities are found here in addition to being only 2 blocks from the Classon Ave G train, Pratt is also mere blocks away. A popular running track and soccer field is within a 1 minute walk along with Citi-Bike and Zipcar parking just outside. Places like Dough, Brain Food, Brooklyn Kolache, Fancy Nancy, Stonefruit Espresso + Kitchen, BKLN blend, Rosalu Diner, 232 cafe, Izzy Rose, Pilar Cuban Eatery, Chilo's, Laika just to name a few are right at your doorstep.

Last Agent to Rent the Property

Annie Zhao

Corcoran Group License #10401341754 Listed on: 07/26/2023

Corcoran Group

Co-Listed By

Dayin Chen

Corcoran Group License #10401314691

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,639

Year Built

  • 2014

Lot Details

  • 2,483

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Outdoor Features

  • Balcony

Community Details

  • Bedford Stuyvesant Subdivision
  • 6-Story Property

Listing and Financial Details

  • Property Available on 7/26/23
  • Tax Block 01824

Condo Details

Home Type

Condominium

Est. Annual Taxes

$7,639

Year Built

2014

Lot Details

0

Rental Info

  • Available Date: 2023-07-26

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Bedford Stuyvesant
  • Architectural Style: Prewar
  • Entry Level: 3
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6
  • Year Built (Public Record): 2014

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Rooms (Total): 3

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Total Stories: 6

Tax Info

  • Tax Block: 01824

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2016
Closed on
May 1, 2017
Sold by
244 Franklin Avenue Llc
Bought by
Shui Meng and Zhong Nianlai
Seller's Agent
Eric Volpe
Corcoran Group
List Price
$625,000
Sold Price
$555,000
Premium/Discount to List
-$70,000
-11.2%
Current Estimated Value
$740,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,831
Avg. Annual Appreciation
3.05%
Original Mortgage
$333,000
Outstanding Balance
$279,201
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$431,477
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
Shui Meng $555,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shui Meng $15,798
Open Shui Meng $333,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2023 08/16/23 Rented $3,250 0.0% --
07/26/2023 07/26/23 For Rent $3,250 0.0% --
05/18/2017 05/18/17 Sold $555,000 -11.2% --
04/18/2017 04/18/17 Pending -- -- --
02/09/2016 02/09/16 For Sale $625,000 -- --
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 $7,639 $80,964 $5,364 $75,600
2024 $7,639 $69,012 $5,364 $63,648
2023 $5,976 $71,676 $5,364 $66,312
2022 $6,067 $70,092 $5,364 $64,728
2021 $3,966 $57,204 $5,364 $51,840
2019 $6,028 $58,752 $5,364 $53,388
2018 $5,357 $43,272 $5,364 $37,908
2017 $5,295 $42,588 $5,364 $37,224
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10878920

Real Estate Board of New York (REBNY)

APN: 01926-1105