NOT LISTED FOR SALE

264 Cumberland St Unit 3 Brooklyn, NY 11205

Fort Greene Neighborhood

Estimated Value: $1,265,000 - $1,672,000

1 Bed
1.5 Baths
1,439 Sq Ft
$405/mo HOA Fee

Last Sold January 29, 2021

Last sale price $999,000 $694 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $9,749/month

4,603 Days on Market

Highlights

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

About This Home

As of January 2021

Photos coming soon! Townhouse layout in a mint condition condo package. Ideally located in the heart of tree-lined Fort Greene, in a converted church and rectory one block from Fort Greene Park, this amazing condo offers over 1400 square feet of space spread across two floors. Currently used as a two bedroom with master suite on the lower level, this overly spacious layout lends itself to multiple configurations. The open kitchen offers stainless steel appliances, dark-stained wood cabinetry, marble counters with seating for four at the breakfast bar, and ample storage space throughout the apartment complete with oversized walk-in. The large living area provides more than enough room to entertain all of your guests come holiday time. The oversized bedroom perfectly fits a king or california-king sized bed and has it's own large walk-in closet. The main bath has a deep soaking tub and modern finishes and fixtures.

At the lower level is an expansive open space with custom built-in shelving, a half bath with a stacked washer and dryer, and access to your own private outdoor space. High ceilings, hardwood floors and central air are found throughout.

Converted from a church and adjoining rectory in 2008, The Sanctuary Condominium is a 13-unit, pet-friendly building with low monthly carrying costs. Six blocks from the Atlantic Avenue subway hub, two blocks from the C train, three blocks from the G train, a block from the park, and surrounded by great shopping and dining (Whole Foods 365, the Saturday Farmer's Market, and all that Dekalb, Lafayette and Fulton have to offer), the location is second to none.

Last Agent to Sell the Property

Franco Rinaldi

Compass License #10301206290 Listed on: 01/26/2020

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,004

Year Built

  • Built in 1925

HOA Fees

  • $405 Monthly HOA Fees

Home Design

  • Pre War Building

Interior Spaces

  • 1,439 Sq Ft Home
  • 4-Story Property
  • New Windows

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Patio
  • Central Air

Community Details

  • Fort Greene Subdivision

Listing and Financial Details

  • Legal Lot and Block 7503 / 2101

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,004

Year Built

Built in 1925

Lot Details

0

HOA Fees

$405 per month

Listing Details

  • Cross Street: De Kalb Avenue/Lafayette Avenue
  • Exposures: North,West
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: Fort Greene
  • Architectural Style: Prewar
  • Entry Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Features: Dining Area
  • Appliances: Dryer, Washer
  • Living Area: 1439.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5
  • Window Features: New Windows

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Integer: 2
  • Bedrooms: 1

Exterior Features

  • Patio/Porch Features: Patio

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 405.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 4
  • Year Built: 1925

Tax Info

  • Tax Block: 2101
  • Tax Lot: 7503
  • Tax Annual: 5004.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2020
Closed on
Jan 22, 2021
Sold by
Liebenhagen Jutta
Bought by
Gathers Kerry Alan and Ruvin Hallie May
Seller's Agent
Franco Rinaldi
Compass
List Price
$999,000
Sold Price
$999,000
Current Estimated Value
$1,484,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$485,212
Avg. Annual Appreciation
7.60%
Original Mortgage
$828,000
Outstanding Balance
$742,684
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$650,547

Purchase Details

Listed on
Aug 3, 2018
Closed on
Oct 24, 2018
Sold by
Pincus Matthew
Bought by
Liebenhagen Jutta
Seller's Agent
MaryElizabeth S Licensed as Mary Smith
Corcoran Group
List Price
$1,100,000
Sold Price
$1,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.15%

Purchase Details

Closed on
Jul 2, 2009
Sold by
264 Cumberland Llc
Bought by
Pincus Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.31%
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
Gathers Kerry Alan $1,035,000 --
Gathers Kerry Alan $1,035,000 --
Liebenhagen Jutta $1,100,000 --
Liebenhagen Jutta $1,100,000 --
Pincus Matthew $585,000 --
Pincus Matthew $585,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gathers Kerry Alan $828,000
Closed Gathers Kerry Alan $828,000
Previous Owner Pincus Matthew $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $999,000 -9.2% $694 / Sq Ft
12/10/2020 12/10/20 Pending -- -- --
10/24/2018 10/24/18 Sold $1,100,000 0.0% $764 / Sq Ft
09/24/2018 09/24/18 Pending -- -- --
08/03/2018 08/03/18 For Sale $1,100,000 +10.1% $764 / Sq Ft
05/04/2008 05/04/08 For Sale $999,000 -- $694 / 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 $14,610 $124,389 $4,743 $119,646
2024 $14,610 $130,907 $4,743 $126,164
2023 $14,171 $123,196 $4,743 $118,453
2022 $11,157 $117,290 $4,743 $112,547
2021 $7,278 $109,885 $4,743 $105,142
2020 $3,652 $120,472 $4,743 $115,729
2019 $2,627 $106,763 $4,743 $102,020
2018 $1,889 $101,684 $4,743 $96,941
2017 $1,964 $96,115 $4,743 $91,372
2016 $2,281 $93,789 $4,743 $89,046
2015 -- $84,731 $4,743 $79,988
2014 -- $84,395 $4,743 $79,652
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10615868

Real Estate Board of New York (REBNY)

APN: 02101-1203