NOT LISTED FOR SALE

Estimated Value: $617,333 - $709,000

1 Bed
1 Bath
599 Sq Ft
$189/mo HOA Fee

Last Sold February 08, 2019

Last sale price $520,000 $868 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,303/month

267 Days on Market

Highlights

  • New Construction
  • Rooftop Deck
  • 3-minute walk to Heritage Row Playground

About This Home

As of February 2019

*Sponsor to Pay Transfer Tax and Sponsor Attorney Fee* 311 Hart Street sits at the intersection of Bed Stuy and Bushwick garnering excellent train access, as well as the many emerging Myrtle Avenue restaurants, bars and cafes. This 10-unit boutique condominium new development features a mix of one to three bedroom residences located around the corner from the J/M/Z and G trains. The brick facade has been beautifully constructed with floor to ceiling windows illuminating each unit with natural light. This 599sqft, 1 bedroom, 1 bathroom with private balcony makes the most of the space welcoming you with an entry way situated between the full bathroom with radiant heating tile floors, deep soaking tub and custom vanity on your right and access to the kitchen on your left. The custom German chefs kitchen is one to admire with top-of-the-line stainless steel appliances, sleek chrome finishes, grey and white wood cabinetry and hanging pendants above the island with bar stool seating for three people. The expansive windows feature a deep ledge beneath perfect for plants and glass door access to the balcony illuminating the living/dining room that effortlessly flows off the kitchen. Almost equal in size to the common living space the 13ft long bedroom includes two closets making this another positive attribute of the 1 bedroom units in the building which can all comfortably fit a King size bed if desired, in addition to a 3 piece bed set. The building is fully upgraded with split level system heating/cooling and washer/dryer hook-up in unit. In addition to bike storage, there is a plethora of common outdoor space with both a ground floor garden and roof deck for residents to enjoy. There is a refuse room on each floor making trash and recycling disposable easy. The complete offering terms are in an offering plan available from the sponsor. File No. CD 17-0378.

Co-Listed By

David Beegun

Corcoran Group License #10401261934

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,332

HOA Fees

  • $189 Monthly HOA Fees

Home Design

  • 599 Sq Ft Home
  • New Construction
  • Entry on the 2nd floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Listing and Financial Details

  • Tax Block 1591

Community Details

Overview

  • 10 Units
  • Bedford Stuyvesant Subdivision
  • 5-Story Property

Amenities

  • Rooftop Deck
  • Community Garden
  • Building Terrace

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,332

Lot Details

0

HOA Fees

$189 per month

Listing Details

  • Cross Street: Marcus Garvey Boulevard & Lewis Avenue
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Bedford - Stuyvesant
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Living Area: 599.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 189.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 100.0 x 20.0

Building Info

  • New Construction: Yes
  • Units: 10
  • Total Stories: 5

Tax Info

  • Tax Block: 1591
  • Tax Annual: 1332.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2018
Closed on
Feb 8, 2019
Sold by
311 Hart Llc
Bought by
Fatima Insia
List Price
$599,000
Sold Price
$520,000
Premium/Discount to List
-$79,000
-13.19%
Current Estimated Value
$663,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,833
Avg. Annual Appreciation
4.11%
Original Mortgage
$468,000
Outstanding Balance
$413,103
Interest Rate
4.5%
Mortgage Type
Unknown
Estimated Equity
$265,594
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
Fatima Insia $520,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fatima Insia $3,643
Open Fatima Insia $468,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2019 02/08/19 Sold $520,000 -13.2% $868 / Sq Ft
01/09/2019 01/09/19 Pending -- -- --
04/16/2018 04/16/18 For Sale $599,000 -- $1,000 / 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 $7,303 $80,540 $5,430 $75,110
2024 $7,303 $72,124 $5,430 $66,694
2023 $5,912 $69,348 $5,430 $63,918
2022 $5,714 $68,142 $5,430 $62,712
2021 $5,305 $55,533 $5,430 $50,103
2020 $6,053 $53,904 $5,430 $48,474
2019 $5,667 $50,224 $5,430 $44,794
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10410116

Real Estate Board of New York (REBNY)

APN: 01591-1004