NOT LISTED FOR SALE

264 Cumberland St Unit 2 Brooklyn, NY 11205

Fort Greene Neighborhood

Estimated Value: $1,308,000 - $2,164,008

2 Beds
2 Baths
1,874 Sq Ft
$540/mo HOA Fee

Last Sold November 08, 2018

Last sale price $1,562,500 $834 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $12,155/month

145 Days on Market

Highlights

  • Pre War Building
  • 3-minute walk to Fulton Street (G Line)
  • 3-minute walk to Edmonds Playground
  • P.S. 20 Clinton Hill Rated A

About This Home

As of November 2018

Mint 1874 square foot home that offers two serene outdoor spaces, giant windows, and a fabulous and flexible floor plan perfect for both entertaining and privacy. Upstairs has the foyer and long entrance hallway leading to the living/dining room with a gorgeous white-marble open kitchen and breakfast bar complete with a Bosch suite of appliances. The master bedroom has a wall of closets and sliding doors onto a large balcony. The over-sized master bath has a nice window and a deep-soaking hot tub shower combo. Down the modern windowed-staircase leads to the guest bedroom and a huge den/media room as well as a half bath and laundry room. The giant patio is perfect for gardening and eating al fresco. This duplex with incredibly low common charges and taxes has central air and its own hot water heater. The building is located just one block from coveted Fort Greene Park in a former Church sanctuary converted to a boutique condo in 2008.

Last Agent to Sell the Property

Isaac Halpern

Brown Harris Stevens Residential Sales LLC License #10301213902 Listed on: 04/24/2018

Brown Harris Stevens Residential Sales LLC

Co-Listed By

Joseph Ulam

Brown Harris Stevens Residential Sales LLC License #10401260287

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $960

Year Built

  • Built in 1923

HOA Fees

  • $540 Monthly HOA Fees

Home Design

  • 1,874 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Community Details

  • 4 Units
  • Fort Greene Subdivision
  • 13-Story Property

Property Details

Home Type

Condominium

Est. Annual Taxes

$960

Year Built

Built in 1923

Lot Details

0

HOA Fees

$540 per month

Listing Details

  • Cross Street: Dekalb Avenue /Lafayette Avenue
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Fort Greene
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 13

Interior Features

  • Living Area: 1874.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

  • Bathrooms Integer: 2
  • Bedrooms: 2

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 540.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Units: 4
  • Total Stories: 13
  • Year Built: 1923

Tax Info

  • Tax Block: NA
  • Tax Annual: 960.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2018
Closed on
Nov 9, 2018
Sold by
Hill Glenn and Rider Peter
Bought by
Schoch Corbin Michael and Schoch Erica Lynn
Seller's Agent
Isaac Halpern
Brown Harris Stevens Residential Sales LLC
List Price
$1,950,000
Sold Price
$1,562,500
Premium/Discount to List
-$387,500
-19.87%
Current Estimated Value
$1,825,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,002
Avg. Annual Appreciation
1.82%
Original Mortgage
$834,819
Outstanding Balance
$736,902
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,028,761

Purchase Details

Closed on
Apr 14, 2009
Sold by
264 Cumberland Llc
Bought by
Hill Glenn and Rider Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
4.51%
Mortgage Type
Purchase Money Mortgage
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
Schoch Corbin Michael $1,562,500 --
Schoch Corbin Michael $1,562,500 --
Hill Glenn $882,984 --
Hill Glenn $882,984 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schoch Corbin Michael $834,819
Closed Schoch Corbin Michael $834,819
Previous Owner Hill Glenn $3,588
Previous Owner Hill Glenn $595,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2018 11/08/18 Sold $1,562,500 -19.9% $834 / Sq Ft
10/09/2018 10/09/18 Pending -- -- --
05/16/2018 05/16/18 For Sale $1,950,000 -- $1,041 / 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 $19,444 $165,548 $6,313 $159,235
2024 $19,444 $174,222 $6,313 $167,909
2023 $18,860 $163,960 $6,313 $157,647
2022 $13,247 $156,100 $6,313 $149,787
2021 $8,488 $146,244 $6,313 $139,931
2020 $2,639 $160,335 $6,313 $154,022
2019 $3,496 $142,090 $6,313 $135,777
2018 $2,514 $135,329 $6,312 $129,017
2017 $2,615 $127,917 $6,312 $121,605
2016 $3,036 $124,822 $6,312 $118,510
2015 -- $112,768 $6,313 $106,455
2014 -- $112,320 $6,313 $106,007
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10439707

Real Estate Board of New York (REBNY)

APN: 02101-1202