NOT LISTED FOR SALE

244 Franklin Ave Unit 3B Clinthl, NY 11205

Bed-Stuy Neighborhood

Estimated Value: $667,000 - $772,000

1 Bed
1 Bath
639 Sq Ft
$496/mo HOA Fee

Last Sold October 31, 2016

Last sale price $585,000 $915 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,219/month

234 Days on Market

Highlights

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

About This Home

As of October 2016

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 as well as bike storage in the basement.

3B is a western facing 1 bed, 1 bath with a larger balcony and afternoon direct sunlight. 3B also features washer/dryer hookups.

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

Jessica Peters

Douglas Elliman Real Estate License #10301209015 Listed on: 02/08/2016

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,804

Lot Details

  • 2,483

HOA Fees

  • $496 Monthly HOA Fees

Home Design

  • 639 Sq Ft Home
  • New Construction
  • Pre War Building

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • No Cooling

Community Details

  • Clinthl Subdivision
  • 6-Story Property

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,804

Lot Details

0

HOA Fees

$496 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: CLINTHL
  • Architectural Style: Prewar
  • Entry Level: 99
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Living Area: 639.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Bathrooms Integer: 1
  • Bedrooms: 1

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 496.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • 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
Oct 31, 2016
Sold by
244 Franklin Avenue Llc
Bought by
Francis Shawnisa and Luqman Asif
Seller's Agent
Jessica Peters
Douglas Elliman Real Estate
List Price
$620,000
Sold Price
$585,000
Premium/Discount to List
-$35,000
-5.65%
Current Estimated Value
$739,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,691
Avg. Annual Appreciation
2.37%
Original Mortgage
$468,000
Outstanding Balance
$379,429
Interest Rate
3.48%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$339,248
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
Francis Shawnisa $585,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Francis Shawnisa $9,853
Open Francis Shawnisa $468,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2016 10/31/16 Sold $585,000 -5.6% $915 / Sq Ft
10/01/2016 10/01/16 Pending -- -- --
02/09/2016 02/09/16 For Sale $620,000 -- $970 / 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 $7,658 $81,167 $5,378 $75,789
2024 $7,658 $69,185 $5,378 $63,807
2023 $7,261 $71,856 $5,378 $66,478
2022 $7,372 $70,268 $5,378 $64,890
2021 $7,035 $57,348 $5,378 $51,970
2019 $6,044 $58,899 $5,378 $53,521
2018 $5,371 $43,380 $5,377 $38,003
2017 $5,309 $42,695 $5,378 $37,317
Source: Public Records

Agents Affiliated with this Home

  • Jessica Peters

    Seller's Agent in 2016

    Jessica Peters

    Douglas Elliman Real Estate

    (718) 486-4429

    73 in this area

    341 Total Sales

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10074004

Real Estate Board of New York (REBNY)

APN: 01926-1106

New York Kings County Brooklyn 11205 Bed-Stuy

244 Franklin Ave Unit 3B, Brooklyn, NY

This home is located at 244 Franklin Ave Unit 3B, Clinthl, NY 11205 since 08 February 2016 and is currently estimated at $723,468, approximately $1,132 per square foot. 244 Franklin Ave Unit 3B 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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