NOT LISTED FOR SALE

Estimated Value: $1,698,000 - $1,786,000

3 Beds
2 Baths
1,387 Sq Ft
$771/mo HOA Fee

Last Sold February 08, 2023

Last sale price $1,705,000 $1,229 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $9,808/month

29 Days on Market

Highlights

  • Balcony
  • 3-minute walk to Union Street
  • 3-minute walk to Washington Park Dog Run
  • Garage
  • South Facing Home

About This Home

As of February 2023

Welcome home to this delightful and sunny three-bedroom condominium with private balcony, two full bathrooms, and an abundance of space to call home for years to come.

Unit 4B at 255 1st St features immense unobstructed south-facing windows that fill the home with natural light throughout the day. Enjoy your time in the renovated kitchen with open layout and newly-replaced stainless appliances and breakfast bar. The extra-large primary suite has a walk-in-closet, separate en-suite bath and is large enough to have two work home stations.

It is very rare to find a true three bedroom, two-bath condo in an elevator building with monthlies this low in Park Slope. The common charges are only $771 a month and there is a tax abatement in place until 2035. Currently, the taxes are only $50 a month. In addition to the ample storage space within the apartment itself the unit comes with a private deeded storage space in the basement.

255 1st St. has a common roof deck that has beautiful, unobstructed views of Brooklyn and Manhattan. The building also has a parking garage (waiting list to purchase deeded spots) and bike storage room (no waitlist). The building is conveniently located, just minutes from the R train and only one stop from the Atlantic terminal for the LIRR, 2,3,4,5,N,Q,B and D trains. Located at the heart of 5th avenues restaurants, cafes, bars, and shopping as well as the farmers market at JJ Byrne Park every weekend.

Last Agent to Sell the Property

Michael Tannen

Corcoran Group License #10401287448 Listed on: 11/01/2022

Corcoran Group

Co-Listed By

Kirra Caruso

Corcoran Group License #10301221407

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $600

Year Built

  • Built in 2009

HOA Fees

  • $771 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 1,387 Sq Ft Home
  • Entry on the 4th floor

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Washer Dryer Allowed
  • Balcony
  • South Facing Home

Community Details

  • 32 Units
  • Park Slope Subdivision
  • 12-Story Property

Listing and Financial Details

  • Tax Block 00964

Property Details

Home Type

Condominium

Est. Annual Taxes

$600

Year Built

Built in 2009

Lot Details

0

HOA Fees

$771 per month

Listing Details

  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Park Slope
  • Entry Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 1387.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 3

Exterior Features

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

Garage/Parking

  • Garage: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 771.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Units: 32
  • Total Stories: 12
  • Year Built: 2009

Tax Info

  • Tax Block: 00964
  • Tax Annual: 600.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2022
Closed on
Feb 8, 2023
Sold by
Muller Assaf and Triffon Muller Bar Ariel
Bought by
Fein Sean Craig
Seller's Agent
Michael Tannen
Corcoran Group
List Price
$1,695,000
Sold Price
$1,705,000
Premium/Discount to List
$10,000
0.59%
Views
18
Current Estimated Value
$1,737,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,425
Avg. Annual Appreciation
0.64%

Purchase Details

Listed on
Aug 30, 2019
Closed on
Nov 19, 2019
Sold by
255 1St St Unit 4B Llc
Bought by
Muller Assaf and Muller Bar Ariel Triffon
Seller's Agent
Michael Tannen
Corcoran Group
List Price
$1,585,000
Sold Price
$1,569,150
Premium/Discount to List
-$15,850
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.61%
Original Mortgage
$1,255,320
Interest Rate
3.6%

Purchase Details

Closed on
Jul 5, 2018
Sold by
Ulmann Marion Sophie
Bought by
255 1St Unit 4B Llc

Purchase Details

Listed on
Jan 27, 2015
Closed on
Apr 29, 2015
Sold by
Verfaillie Andreea and Verfaillie Filip
Bought by
Ulmann Marion Sophie
Seller's Agent
Jessica Hirsch
Compass
List Price
$1,525,000
Sold Price
$1,525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.22%

Purchase Details

Closed on
Jun 10, 2010
Sold by
261 1St Condo Associates Llc
Bought by
Verfaillie Andreea and Verfaillie Filip
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fein Sean Craig $1,705,000 --
Muller Assaf $1,569,150 --
255 1St Unit 4B Llc -- --
Ulmann Marion Sophie $1,552,835 --
Verfaillie Andreea $906,242 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Muller Assaf $1,255,320
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/08/2023 02/08/23 Sold $1,705,000 +0.6% $1,229 / Sq Ft
12/01/2022 12/01/22 Pending -- -- --
11/01/2022 11/01/22 For Sale $1,695,000 +8.0% $1,222 / Sq Ft
11/19/2019 11/19/19 Sold $1,569,150 -1.0% $1,131 / Sq Ft View Prior Sale
10/20/2019 10/20/19 Pending -- -- --
08/30/2019 08/30/19 For Sale $1,585,000 +3.9% $1,143 / Sq Ft
04/30/2015 04/30/15 Sold $1,525,000 0.0% $1,099 / Sq Ft View Prior Sale
02/18/2015 02/18/15 Pending -- -- --
01/27/2015 01/27/15 For Sale $1,525,000 -- $1,099 / 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 $504 $144,705 $8,410 $136,295
2024 $504 $135,001 $8,410 $126,591
2023 $504 $126,998 $8,410 $118,588
2022 $493 $113,620 $8,410 $105,210
2021 $495 $80,780 $8,410 $72,370
2020 $243 $94,643 $8,410 $86,233
2019 $509 $93,223 $8,410 $84,813
2018 $513 $84,873 $8,410 $76,463
2017 $513 $82,562 $8,409 $74,153
2016 $520 $77,347 $8,409 $68,938
2015 $406 $60,466 $8,410 $52,056
2014 $406 $55,927 $8,409 $47,518
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10825143

Real Estate Board of New York (REBNY)

APN: 00964-1210