NOT LISTED FOR SALE

Estimated Value: $1,420,000 - $1,971,000

2 Beds
2 Baths
1,043 Sq Ft
2,309 Sq Ft Lot

Sale Details

Date Sold: February 4, 2022

Last sale price $1,530,000 $1,467 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $9,813 / mo

12 Days on Market

Highlights

  • Built in 1931 | Newly Remodeled
  • Pre War Building
  • 5-minute walk to Lowry Triangle
  • P.S. 9 The Sarah Smith Garnet School Rated A
  • Terrace

About This Home

As of February 2022

Brought to you by The Brooklyn Home Company, this spectacular two-bedroom, two-bathroom home offers chic contemporary style, a private terrace and a covered parking place in the heart of Prospect Heights.

The 944-square-foot residence invites you inside with 8.5-foot-ceilings, Madera wide-plank engineered oak floors and abundant windows. Relax and entertain in the spacious living area, or step out to the 347-square-foot terrace for seamless indoor-outdoor enjoyment. The gorgeous galley kitchen boasts honed Carrara marble counters, custom cabinetry and upscale appliances, including a Bertazzoni convection range and a refrigerator and dishwasher by Bosch. At the quiet rear of the home, the owners suite features an en suite bathroom with a walk-in shower, Restoration Hardware double vanity, honed marble counter and Waterworks fixtures. The second bedroom offers easy access to the full guest bathroom, and two roomy hall closets and an in-unit Bosch washer-dryer attend to storage and laundry. Video intercom entry, split A/C units and forced-air heat provide comfort and convenience in this exquisite new home.

Built in 1889, 309 Prospect Place is a lovely Renaissance Revival brick and brownstone building located within the Prospect Heights Historic District. Residents enjoy direct access to Prospect Park and the Brooklyn Library, Botanic Garden and Museum from this outstanding location. Visit the year-round greenmarket at Grand Army Plaza, or discover the exceptional shopping, dining and nightlife of nearby Park Slope. Transportation is effortless, with 2/3, B, Q, C and Franklin Avenue shuttle trains, excellent bus service and CitiBike stations all nearby.

THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM SPONSOR. AG FILE NO. CD21-0077. Sponsor: 309 Prospect Blaz LLC, 80 4th Street, Brooklyn, NY 11231.

Taxes listed reflect the purchaser receiving the co-op and condo tax abatement.

Last Agent to Sell the Property

Lindsay Barton Barrett

Compass License #30BA1016625 Listed on: 11/03/2021

Compass

Co-Listed By

LENA LERNER

Douglas Elliman Real Estate License #10401277914

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,776

Year Built

  • Built in 1931 | Newly Remodeled

Lot Details

  • 2,309

HOA Fees

  • $620 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 2nd floor

Interior Spaces

  • 1,043 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Terrace

Community Details

  • 4 Units
  • Prospect Heights Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,776

Year Built

Built in 1931 | Newly Remodeled

Lot Details

2,309 Sq Ft Lot

HOA Fees

$620 per month

Listing Details

  • Cross Street: VANDERBILT AVENUE and UNDERHILL AVENUE
  • Exposures: East,North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Prospect Heights
  • Architectural Style: Prewar
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 1043.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 620.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Units: 4
  • Total Stories: 4
  • Year Built: 1931

Tax Info

  • Tax Block: NA
  • Tax Annual: 4776.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2021
Closed on
Feb 4, 2022
Sold by
309 Prospect Blaz Llc
Bought by
Chandratre Angad and Kakaday Reema
Seller's Agent
Lindsay Barton Barrett
Compass
List Price
$1,450,000
Sold Price
$1,530,000
Premium/Discount to List
$80,000
5.52%
Current Estimated Value
$1,689,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,996
Avg. Annual Appreciation
2.43%
Original Mortgage
$960,000
Outstanding Balance
$891,541
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$798,455
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chandratre Angad $1,543,961 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chandratre Angad $960,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2022 02/04/22 Sold $1,530,000 +5.5% $1,467 / Sq Ft
11/03/2021 11/03/21 For Sale $1,450,000 -- $1,390 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $2,804 $193,025 $36,018 $157,007
2024 $2,804 $181,067 $36,018 $145,049
2023 $2,550 $150,890 $36,018 $114,872
2022 $1,768 $148,316 $36,018 $112,298
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10754939

Real Estate Board of New York (REBNY)

APN: 01152-1102

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