NOT LISTED FOR SALE

3016 Brighton 5th St Unit 1-B Brooklyn, NY 11235

Brighton Beach Neighborhood

Estimated Value: $422,000 - $510,894

1 Bed
1 Bath
737 Sq Ft
$274/mo HOA Fee

Last Sold December 29, 2020

Last sale price $395,000 $536 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,592/month

Highlights

  • Newly Remodeled
  • 3-minute walk to Brighton Beach
  • Central Air
  • P.S. 253 The Magnet School of Multicultural Humanities Rated A

About This Home

As of December 2020

Welcome to 3016 Brighton 5th, where style and value meet by the beach!

Located on the second floor, Apartment 1B contains a modern and inviting open layout. All residences in this luxury elevator building feature crafted layout configurations completed with two-zone radiant heated tiled flooring, oversized custom kitchens, sleek and clean subway-tiled bathrooms, and in unit washer/dryer hookups. Final CO already received, move-in ready!

Located in the heart of Brighton Beach, residents are just "around the corner" from the best South Brooklyn's coast has to offer: the beach and ocean, the famous boardwalk, and all the main attractions and conveniences dotted up and down the main thoroughfare of Brighton Beach Ave. With easy access to the Q subway line, getting to Park Slope, Downtown Brooklyn, and pockets of Manhattan can all be done with zero transfers.

Come explore one of Brooklyn's best kept secret neighborhoods and see why 3016 Brighton 5th will be a spectacularly unique place to call home base.

Last Agent to Sell the Property

David Fernandez

Serhant License #40FE1052956 Listed on: 10/14/2020

Serhant

Co-Listed By

Andrew Appell

Serhant License #10401290171

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,384

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 6,011

HOA Fees

  • $274 Monthly HOA Fees

Home Design

  • 737 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air

Community Details

  • Brighton Beach Subdivision
  • 5-Story Property

Listing and Financial Details

  • Legal Lot and Block 8 / 8674

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,384

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$274 per month

Listing Details

  • Cross Street: Ocean View Avenue/Brighton Beach Avenue
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Brighton Beach
  • Entry Level: 1
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Living Area: 737.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

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

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: 274.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 32.0 x 100.0

Building Info

  • New Construction: Yes
  • Total Stories: 5
  • Year Built: 2018

Tax Info

  • Tax Block: 8674
  • Tax Lot: 8
  • Tax Annual: 6384.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2020
Closed on
Dec 28, 2020
Sold by
Royal Builders Deveopment Llc
Bought by
Lau Kar Ming
Seller's Agent
David Fernandez
Serhant
List Price
$395,000
Sold Price
$395,000
Current Estimated Value
$478,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,212
Avg. Annual Appreciation
3.99%
Original Mortgage
$303,200
Outstanding Balance
$271,843
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$201,275
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
Lau Kar Ming $384,306 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lau Kar Ming $303,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2020 12/29/20 Sold $395,000 0.0% $536 / Sq Ft
10/14/2020 10/14/20 For Sale $395,000 -- $536 / Sq Ft
10/14/2020 10/14/20 Pending -- -- --
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 $8,399 $78,548 $15,282 $63,266
2024 $8,399 $75,167 $15,282 $59,885
2023 $6,257 $71,894 $15,282 $56,612
2022 $5,768 $67,984 $15,282 $52,702
2021 $6,529 $58,303 $15,282 $43,021
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10675453

Real Estate Board of New York (REBNY)

APN: 08674-1102