NOT LISTED FOR SALE

Estimated Value: $2,143,000 - $2,425,000

2 Beds
2 Baths
1,425 Sq Ft
$394/mo HOA Fee

Last Sold October 27, 2023

Last sale price $2,100,000 $1,474 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $13,807/month

16 Days on Market

Highlights

  • New Construction
  • Central Air
  • 5-minute walk to Lowry Triangle
  • P.S. 9 The Sarah Smith Garnet School Rated A
  • South Facing Home

About This Home

As of October 2023

Introducing 251 Saint Marks Avenue, a brand-new boutique condominium in prime Prospect Heights. This striking 7-unit building offers sunny one-to-three-bedroom homes with designer finishes and thoughtful floor plans, and every home features private outdoor space.

Apartment 3A is a dramatic South-facing two-bedroom duplex with double height living area, a bonus loft home office or guest space, and a 544 square foot private roof terrace.

Filled with light all day long through oversized Pella windows, each residence boasts 7-inch-wide-plank light oak flooring, solid core doors, and energy efficient Mitsubishi split heating and cooling systems.Enjoy impressive chef's kitchens finished with custom cabinetry, Brazilian Black Granite countertops in a leather finish, stylish pendant lighting, and a collection of best-in-class appliances by Bertazzoni, Bosch, and Liebherr - including gas cooktops.

Bathrooms all feature stunning custom quartz topped vanities with plenty of storage, stylish Gunmetal fixtures, radiant heated flooring, and floating toilets. Primary baths all have double vanities and step-in showers. The secondary baths each have soaking tubs.

All closets have been custom outfitted throughout the building, and every apartment has a washer/dryer hookup. The building offers a common patio area with BBQ grill, bike storage, and an Akuvox video intercom system.

251 Saint Marks' perfect location provides welcoming streets adorned with lush trees, and convenient proximity to renowned attractions such as Vanderbilt Avenue's restaurant row, the Brooklyn Botanic Garden, Prospect Park, The Brooklyn Museum, Barclays Center, BAM, as well as an exciting selection of exceptional shops and acclaimed restaurants. Images shown are a combination of model units and artist renderings. This is not an offering. The complete offering terms are in an offering plan available from the File No. CD220185.

Last Agent to Sell the Property

Nicholas Hovsepian

Corcoran Group License #10401223848 Listed on: 06/19/2023

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,800

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 5,227

HOA Fees

  • $394 Monthly HOA Fees

Home Design

  • 1,425 Sq Ft Home
  • Entry on the 3rd floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer Hookup

Additional Features

  • South Facing Home
  • Central Air

Community Details

  • 7 Units
  • Prospect Heights Subdivision
  • Property has 2 Levels

Listing and Financial Details

  • Legal Lot and Block 1 / 01145

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,800

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$394 per month

Listing Details

  • Exposures: South
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: Prospect Heights
  • Architectural Style: Walk-Up
  • Entry Level: 3
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Fireplace: No
  • Living Area: 1425.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: No
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Washer Hookup, In Unit
  • Green Building Features: Green Building
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 394.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Rental Info

  • Land Lease: No

Building Info

  • New Construction: Yes
  • Units: 7
  • Total Stories: 5
  • Year Built: 2023

Tax Info

  • Tax Block: 01145
  • Tax Lot: 1
  • Tax Annual: 7800.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2023
Closed on
Oct 26, 2023
Sold by
Hinsdale Holdings Llc
Bought by
Colgan Garrett and Shell-Schnitzer Lisa Rose
Seller's Agent
Nicholas Hovsepian
Corcoran Group
List Price
$2,050,000
Sold Price
$2,100,000
Premium/Discount to List
$50,000
2.44%
Views
16
Current Estimated Value
$2,240,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,412
Avg. Annual Appreciation
3.36%
Original Mortgage
$1,680,000
Outstanding Balance
$1,648,852
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$591,560
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
Colgan Garrett $2,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colgan Garrett $1,680,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2023 10/27/23 Sold $2,100,000 +2.4% $1,474 / Sq Ft
06/19/2023 06/19/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $2,050,000 -- $1,439 / 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 $18,420 $176,460 $29,753 $146,707
2024 $18,420 $165,524 $29,753 $135,771
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10914857

Real Estate Board of New York (REBNY)

APN: 01145-1404