$555,000
SOLD MAY 18, 2017

244 Franklin Ave Unit 3A Clinthl, NY 11205

Bed-Stuy Neighborhood
1 Bed
1 Bath
-- Sq Ft
$495/mo HOA Fee

Recently Sold

11% Below List Price

362 Days on Market

Highlights

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

About This Home

As of May 2017

Sponsor pays for transfer taxes on contracts signed by Jan. 31st 2017.

The next level of luxury living has landed in Brooklyn. 244 Franklin Ave is a 12 unit condo building located on the border of Bed-Stuy and Clinton Hill. This 6-story elevator building offers 1Br and studio apartments that are spacious, sunny, and modern. You'll enjoy cooking for friends and loved ones in your sleek open kitchen featuring a vented island cooktop, stainless steel Bosch and GE appliances, built in shelving, and Caesarstone countertops. These modern apartments are appointed with ductless heating and cooling appliances to ensure efficient and responsible consumption in this sustainable building. Elevator access to the large common roof top.

3A is an eastern facing 1 bed, 1 bath with private balcony and morning sunlight.

244 Franklin Ave is located 4 blocks from the Classon Ave G train and/or Bedford-Nostrand Ave G train. Living at 244 Franklin Ave means being surrounded with fantastic Clinton Hill and Bed-Stuy destinations such as Black Swan, Dough, Brooklyn Tap House, Speedy Romeo, Beasts of Burbon, and Rustik Tavern. Also nearby is the brand new Key Foods and C-Town Supermarkets. The nearest CitiBike station is 1 block away, and Dekalb Avenue is a straight shot to the best of Fort Greene and Clinton Hill.CD150059

Last Agent to Sell the Property

Eric Volpe

Corcoran Group License #10301219675 Listed on: 02/08/2016

Corcoran Group

Co-Listed By

Jessica Peters

Douglas Elliman Real Estate License #10301209015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,804

HOA Fees

  • $495 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 3rd floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • City Views
  • Balcony
  • No Cooling

Community Details

  • Clinthl Subdivision
  • 6-Story Property

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,804

Lot Details

0

HOA Fees

$495 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: CLINTHL
  • Architectural Style: Prewar
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 495.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Total Stories: 6

Tax Info

  • Tax Block: 0
  • Tax Annual: 3804.0

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
$742,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,157
Avg. Annual Appreciation
3.39%
Original Mortgage
$333,000
Outstanding Balance
$277,892
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$456,211
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 Type Sale Price Title Company
Deed $555,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $333,000 Purchase Money Mortgage
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

  • A

    Seller's Agent in 2023

    Annie Zhao

    Corcoran Group

    (646) 266-8670

    3 Total Sales

    Annie Zhao
    Section Image
  • Dayin Chen

    Seller Co-Listing Agent in 2023

    Dayin Chen

    Corcoran Group

    (617) 216-5325

    2 in this area

    57 Total Sales

    Dayin Chen
    Section Image

  • E

    Seller's Agent in 2017

    Eric Volpe

    Corcoran Group

    (646) 400-2078

    3 in this area

    19 Total Sales

    Eric Volpe
    Section Image
  • Jessica Peters

    Seller Co-Listing Agent in 2017

    Jessica Peters

    Douglas Elliman Real Estate

    (718) 486-4429

    73 in this area

    342 Total Sales

    Jessica Peters
    Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10102652

Real Estate Board of New York (REBNY)

APN: 01926-1105

New York Kings County Brooklyn 11205 Bed-Stuy

244 Franklin Ave Unit 3A, Brooklyn, NY

This home is located at 244 Franklin Ave Unit 3A, Clinthl, NY 11205 and is currently priced at $555,000. 244 Franklin Ave Unit 3A is a home located in Kings County with nearby schools including P.S. 157 Benjamin Franklin, Community Partnership Charter School - Elementary School, and Bnos Square of Williamsburg.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) 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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