$1,810,000
SOLD AUG 16, 2024
2 Beds
2 Baths
1,255 Sq Ft
$1,268/mo HOA Fee

Recently Sold

$1,442 Per Sq Ft

2% Below List Price

31 Days on Market

Highlights

  • Rooftop Deck
  • 3-minute walk to Union Street
  • Cooling Available
  • City View
  • Children's Playroom
  • 3-minute walk to Washington Park Dog Run

About This Home

As of August 2024

Discover 251 1st Street, a striking creation by ODA New York, featuring thoughtfully designed layouts and premium finishes in a vibrant Brooklyn neighborhood.

Built in 2017, 251 1st Street is a luxury condo building designed by ODA Architecture and offers a 15-year tax abatement ending in 2032. Residents enjoy a part-time doorman, after hours virtual doorman concierge, full-time super and the same level of design and detail throughout the impressive building amenity package.



Residence 5A is an exquisite 2 bedroom 2 bath apartment with floor-to-ceiling glass windows with South and West exposures, 9'4 ceilings. This home boasts a modern kitchen equipped with custom-built satin lacquer cabinetry, stainless steel cabinets, and top-of-the-line Gaggenau appliances. The kitchen island, crafted from Anegre wood and topped with Pure White Caesarstone, adds a touch of elegance.



The primary suite exudes elegant living with its spacious king-size bedroom, walk-in closet, and spa-like bathroom featuring a dual vanity, White Sivec marble floors, Watermark fixtures, and oversized mirrors with integrated lighting. The secondary bedroom is spacious and has a closet with ample storage space. The secondary bathroom also boasts imported porcelain tiles and additional storage. Additionally, Residence 5A has an in-unit washer dryer.



Residents and their guests can enjoy the exclusive use of; The beautifully designed lobby, adjacent library and sitting area that opens to one of two landscaped courtyards. Take the elevator directly to the common roof deck featuring two grills, an outdoor kitchen, several areas for lounging and panoramic views for miles. The lower level is where you will find the (currently under renovation) newly renovated playroom & fully equipped gym, with access to a landscaped courtyard. A package delivery room, stroller storage room, and bicycle storage (for an additional fee) complete the building amenity package.

Currently zoned for PS 118 and Located near Prospect Park, Botanical Gardens, Brooklyn Museum and BAM. Just a few blocks from Whole Foods, JJ Byrne Park, weekend Farmer's Market, dog run and all the fabulous restaurants and shops 5th Avenue has to offer. The train is two blocks away and just one stop to Atlantic Center with its eleven different subway lines and LIRR access.

Experience the best of Brooklyn living at 251 1st Street.

Last Agent to Sell the Property

Anthony Robles

Douglas Elliman Real Estate License #10401235810 Listed on: 05/16/2024

Douglas Elliman Real Estate

Co-Listed By

Aran Scott

Douglas Elliman Real Estate License #40SC1156403

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,378

Year Built

  • Built in 2017

HOA Fees

  • $1,268 Monthly HOA Fees

Interior Spaces

  • 1,255 Sq Ft Home
  • City Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed
  • Washer Hookup

Utilities

  • Cooling Available

Listing and Financial Details

  • Legal Lot and Block 7505 / 00964

Community Details

Overview

  • 44 Units
  • High-Rise Condominium
  • 251 First Condos
  • Park Slope Subdivision
  • 11-Story Property

Amenities

  • Rooftop Deck
  • Children's Playroom

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,378

Year Built

Built in 2017

Lot Details

0

HOA Fees

$1,268 per month

Listing Details

  • Exposures: South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Park Slope
  • Entry Level: 5
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 11

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 1255.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Roof Deck, None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other, Washer Hookup, In Unit
  • Green Building Features: Common Playroom, Kitchen Facilities
  • Cooling: Other
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1268.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: 251 FIRST
  • Units: 44
  • Total Stories: 11
  • Year Built: 2017

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 00964
  • Tax Lot: 7505

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Aug 16, 2024
Sold by
Liu Weibiao and Zou Qinxin
Bought by
Alfaro Agustina and Gatica Garicoits Santiago
Seller's Agent
Anthony Robles
Douglas Elliman Real Estate
List Price
$1,850,000
Sold Price
$1,810,000
Premium/Discount to List
-$40,000
-2.16%
Views
44
Current Estimated Value
$1,798,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,986
Avg. Annual Appreciation
-0.82%
Original Mortgage
$520,149
Outstanding Balance
$515,678
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,279,858

Purchase Details

Listed on
Sep 14, 2016
Closed on
Jun 13, 2017
Sold by
275 Fourth Owner Llc
Bought by
Liu Weibiao and Zou Qinxin
List Price
$1
Sold Price
$1,575,000
Premium/Discount to List
$1,574,999
157499900%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.00%
Original Mortgage
$1,000,000
Interest Rate
4.05%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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 $1,810,000 --
Deed $1,603,744 --
Deed $1,603,744 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $520,149 Purchase Money Mortgage
Previous Owner $113,517 Unknown
Previous Owner $1,000,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2024 08/16/24 Sold $1,810,000 -2.2% $1,442 / Sq Ft
06/17/2024 06/17/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $1,850,000 +17.5% $1,474 / Sq Ft
08/07/2017 08/07/17 Sold $1,575,000 +157499900.0% $1,255 / Sq Ft
07/08/2017 07/08/17 Pending -- -- --
09/15/2016 09/15/16 For Sale $1 -- $0 / 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 $2,378 $160,272 $13,095 $147,177
2024 $2,378 $147,163 $13,095 $134,068
2023 $1,673 $137,882 $13,095 $124,787
2022 $727 $128,959 $13,095 $115,864
2021 $430 $93,344 $13,095 $80,249
2019 $442 $105,069 $13,095 $91,974
2017 $446 $53,202 $13,095 $40,107
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10970873

Real Estate Board of New York (REBNY)

APN: 00964-1421