NOT LISTED FOR SALE

Estimated Value: $1,043,000 - $1,227,000

1 Bed
1 Bath
763 Sq Ft
$713/mo HOA Fee

Last Sold August 30, 2021

Last sale price $920,000 $1,206 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $7,807/month

45 Days on Market

Highlights

  • Rooftop Deck
  • 4-minute walk to Hoyt Street-Schermerhorn Street
  • Garage
  • Eat-In Kitchen
  • Central Air
  • Laundry Facilities

About This Home

As of August 2021

The best of Brooklyn living: Situated in the heart of Boerum Hill, this well-thought-out home is a perfect synergy of modern design and lifestyle all while maintaining authenticity to the neighborhood.

Residence 703 is impeccably maintained and is in mint condition. With 9?6? ceilings, oversized quiet windows, and generous room proportions, this spacious one bedroom, one bathroom home is priced to sell. Stained ashcolored white-oak floors throughout, central air, and a full-sized LG washer/dryer that vents out. The kitchen is finished in matte lacquer cabinetry by Valcucine (Italy), Silestone quartz counters, and Smeg and Liebherr appliances. The residence's primary suite features a generous closet that has been outfitted with a custom closet system. The primary bathroom has Calacatta white marble floors that are heated with NuHeat systems, Ferrara marble countertops, double vanity with Kohler sinks, deep soaking tub, and Watermark fixtures in a gunmetal finish. Lots of storage including a large walk-in entryway closet outfitted with a custom closet system serving as a pantry and closet. This home also has a wonderful upgrades such as Nest thermostat, Lutron Caseta smart light switches and automatic shades in the bedroom and living room.

THE BUILDING:

The Boerum is a collection of thoughtfully crafted one-to-five-bedroom condominium residences in one of Brooklyn's most prominent neighborhoods and just steps away from all major public transportation. Situated above the six-story flagship Hilton Brooklyn hotel, the residences have a separate and exclusive entrance on tree-lined State Street. The building's facade pays homage to the rich history of the neighborhood and its visual aesthetic balances a modern and timeless feel.

Residents will enjoy an extensive suite of services and every lifestyle amenity, including a 2,000 sq. ft. fitness room (including Peloton spinning bicycles), a lounge, library, playroom, and 15th floor landscaped terrace with outdoor kitchen, lawn, and south-facing sun deck

The Boerum is located within historic brownstones, celebrated restaurants, world-class arts, and culture, and sought after public and private schools, From stained oak floors, Italian millwork, to marble surfaces and gunmetal fixtures, the homes at The Boerum are exceptionally designed and developed by Flank. Walking distance to Trader Joes, Dekalb Market Hall, and numerous shops, this convenient location has it all. If commuting to Manhattan, you are within walking distance to 9 different train lines plus easy access to Brooklyn and Manhattan Bridges.

Last Agent to Sell the Property

Richard Hottinger

Corcoran Group License #10301214388 Listed on: 02/12/2021

Corcoran Group

Co-Listed By

Adam Hernandez

Corcoran Group License #10401229679

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,364

Year Built

  • Built in 2016

Lot Details

  • 0.63

HOA Fees

  • $713 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 763 Sq Ft Home
  • Entry on the 7th floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Eat-In Kitchen
  • Central Air

Listing and Financial Details

  • Tax Block 170

Community Details

Overview

  • 128 Units
  • The Boerum Condos
  • Boerum Hill Subdivision
  • 19-Story Property

Amenities

  • Rooftop Deck
  • Building Terrace
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,364

Year Built

Built in 2016

Lot Details

0

HOA Fees

$713 per month

Listing Details

  • Cross Street: Smith Street & Hoyt Street
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Boerum Hill
  • Entry Level: 7
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 19

Interior Features

  • Interior Features: Eat-in Kitchen
  • Appliances: Dryer, Washer
  • Living Area: 763.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Building Roof Deck
  • Patio/Porch Features: Building Terrace

Garage/Parking

  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 712.79
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: The Boerum
  • Units: 128
  • Total Stories: 19
  • Year Built: 2016

Tax Info

  • Tax Block: 170
  • Tax Annual: 11364.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2021
Closed on
Aug 30, 2021
Sold by
Schleis Ryan
Bought by
Ahmad Abdallah Abdullshakur and Ahmad Aliyu Jamal
Seller's Agent
Richard Hottinger
Corcoran Group
List Price
$939,500
Sold Price
$920,000
Premium/Discount to List
-$19,500
-2.08%
Current Estimated Value
$1,127,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,123
Avg. Annual Appreciation
4.91%

Purchase Details

Closed on
Mar 8, 2017
Sold by
71 Smith Street Property Owner Llc
Bought by
Schleis Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,000
Interest Rate
4.19%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Ahmad Abdallah Abdullshakur $920,000 --
Schleis Ryan $824,782 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schleis Ryan $648,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2021 08/30/21 Sold $920,000 -2.1% $1,206 / Sq Ft
02/12/2021 02/12/21 For Sale $939,500 -- $1,231 / 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 $13,072 $122,428 $3,961 $118,467
2024 $13,072 $117,922 $3,961 $113,961
2023 $12,289 $105,767 $3,961 $101,806
2022 $11,859 $104,014 $3,961 $100,053
2021 $9,473 $102,169 $3,961 $98,208
2019 $9,448 $96,021 $3,961 $92,060
2018 $11,383 $89,505 $3,961 $85,544
2017 $7,725 $60,741 $3,961 $56,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10699038

Real Estate Board of New York (REBNY)

APN: 00170-1007