NOT LISTED FOR SALE

Estimated Value: $716,000 - $828,975

3 Beds
2 Baths
1,285 Sq Ft
4,922 Sq Ft Lot

Last Sold June 15, 2022

Last sale price $753,000 $586 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,406/month

Highlights

  • Virtual Doorman
  • Intercom to Front Desk
  • Handicap Accessible
  • Jhs 234 Arthur W Cunningham Rated A-
  • Wood Flooring
  • Central Air

About This Home

As of June 2022

If you are searching the market for a luxurious 2-3 bedroom condominium in the prime Sheepshead Bay area, with TAX ABATEMENT still in place look no further! This is a unique opportunity to acquire a beautiful 2 bedroom condo (1,285 sq. ft) tastefully converted to a 3 bedrooms condo that is absolutely in stunning condition. The apartment features lots of sunlight, beautiful wood floors, an extra-large master bedroom with a walk-in closet and master bathroom with separate bathtub and shower, 2 good size bedrooms, another bathroom, and lots of custom-made closets. Also, it offers a much-desired outdoor terrace (298 sq. ft). Garage Parking is available for an extra charge.
LIFESTYLE:
Suited in the most desirable Sheepshead Bay area, short distance to Emmons Bay with a terrific assortment of great, trendy shops, cafes, and great nightlife! An abundance of public transportation access gives you easy access to Manhattan. Q train is a short distance away.
As always, in Real Estate, Location, Location, Location!

Last Agent to Sell the Property

Angela Staraya

RE/MAX Edge Listed on: 10/06/2021

RE/MAX Edge

Last Buyer's Agent

Angela Staraya

RE/MAX Edge Listed on: 10/06/2021

RE/MAX Edge

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,812

Year Built

  • Built in 2010

Lot Details

  • 4,922

Parking

  • 1 Parking Space

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,285 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Handicap Accessible

Utilities

  • Central Air
  • Septic System

Listing and Financial Details

  • Tax Block 7352
  • Property eligible for a tax abatement

Community Details

Overview

  • 12 Units
  • Association Phone (718) 696-8380
  • 2590 Ocean Ave Condos
  • Property managed by FIDY

Amenities

  • Virtual Doorman
  • Intercom to Front Desk
  • Secure Lobby

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,812

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Total Bathrooms: 2.00
  • Baths Total Level1: 2.00
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue U
  • Cross Street Name2: Avenue V
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: Yes
  • Maintenance Common Fee: 462.45
  • Negotiate Thru: Broker
  • Parking Attributes: 1 Space
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: Central Air
  • Fill Sq Ft Total: 1285
  • Street Name I D X: Ocean
  • Withdrawal Type: Withdrawal of Property
  • Year Built: 2010
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Hardwood
  • Entry Floor: 2
  • Pets Allowed: Yes
  • Basement Type: Apartment

Exterior Features

  • Lot Number: 1002

Utilities

  • Air Conditioning Units: 0
  • Utilities: Septic, Sewer, Water

Condo/Co-op/Association

  • Management Company: FIDY
  • Manager Phone: 718-696-8380
  • Pets Allowed: Both Cats & Dogs
  • Units In Building: 12

Lot Info

  • Building Project Name: 2590 Ocean Ave

Tax Info

  • Tax Abatement: Yes
  • Flip Tax Amount: 4812.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2021
Closed on
Jun 15, 2022
Sold by
Iatseviuk Svitlana and Iatseviuk Vasyl
Bought by
Merabyan David and Merabyan Zhaneta
Seller's Agent
Angela Staraya
RE/MAX Edge
Buyer's Agent
Angela Staraya
RE/MAX Edge
Sold Price
$753,000
Current Estimated Value
$757,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,994
Avg. Annual Appreciation
0.19%
Original Mortgage
$650,000
Outstanding Balance
$618,638
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$139,356

Purchase Details

Closed on
Apr 29, 2020
Sold by
Twenty-Five Ninety Ocean Avenue Llc
Bought by
Iatseviuk Svitlana and Iatseviuk Vasyl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,000
Interest Rate
3.5%
Mortgage Type
New Conventional
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
Merabyan David $753,000 --
Iatseviuk Svitlana $682,228 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merabyan David $650,000
Previous Owner Iatseviuk Svitlana $603,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2022 06/15/22 Sold $753,000 -- $586 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $17,362 $147,647 $13,950 $133,697
2024 $17,362 $147,183 $13,950 $133,233
2023 $12,356 $143,801 $13,950 $129,851
2022 $8,297 $142,385 $13,950 $128,435
2021 $4,817 $123,352 $13,950 $109,402
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 456160

Brooklyn Board of REALTORS®

APN: 07352-1002