NOT LISTED FOR SALE

Estimated Value: $4,999,000 - $9,877,403

6 Beds
5.5 Baths
6,500 Sq Ft
$1,131/Sq Ft Est. Value

Last Sold September 01, 2021

Last sale price $9,000,000 $1,385 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $41,292/month

118 Days on Market

Highlights

  • Terrace
  • 2-minute walk to Hoyt Street-Schermerhorn Street
  • Central Air
  • Den
  • Eat-In Kitchen

About This Home

As of September 2021

A HOME GROWS IN BROOKLYN

Welcome to 311 State Street ? This 22' wide, approx. 6500sf one-of-a-kind corner townhouse was built from the ground up, and is located on one of the most desirable tree lined blocks in Boerum Hill. Constructed from the finest materials, and appointed with exquisite fixtures, this brand new home offers a life of comfort and elegance. Features of this amazing house include three terraces, a personal elevator, a humongous two car garage large enough to fit two SUV?s with plenty of room to spare, and a finished basement with high ceilings perfect for a home media room, or gym with a secondary laundry room, and wine room. There is also a separate 1BR garden level guest apartment that can be seamlessly combined with the rest of the house.

PARLOR FLOOR

A meticulous attention to detail went into the design and planning of this remarkable home. Enter into a grand parlor floor equally suited for relaxing at home, or entertaining with ease. Stepping through the front door you will be welcomed by a grand foyer with luxurious mosaic tile marble floors, and leading to a sweeping staircase and your own personal elevator.

The open plan kitchen and grand living room provide a gracious setting for dining and gathering complete with smoked oak herringbone wood floors, a marble fireplace, a sultry powder room, and a wall of folding glass paneled doors that open out onto a lush terrace.

The chefs kitchen features an oversize island wrapped in stone, and outfitted with top-of-the-line appliances by Wolf, Miele, and Sub-Zero. Custom Italian cabinetry by Scavolini are complimented by Dekton Grey Pietra stone countertops, and backsplash.

PRIMARY SUITE

The third floor encompasses the sumptuous primary suite. The massive primary bedroom takes advantage of the full width of the home, and is appointed with a double-sided dressing room, a walk-in-closet, an en-suite bathroom with double vanity, abundant natural light, and a thoughtfully placed skylight.

The primary bath is a spa-like sanctuary featuring a custom double sink vanity made from polished marble, a striking freestanding Bain Ultra oval bathtub, radiant heated floors, Robern medicine cabinets with task lighting, a five fixture Brizo shower featuring a Mount Raincan showerhead, four function wall showerheads, and Tempassure Thermostatic valves which automatically measure and adjust the water to deliver a more precise temperature. The Cora Bianco Carrera marble and bronze textured accent wall compliment the white porcelain tile, and Brizo Litze hardware in luxe gold add to the atmosphere of serene elegance.

OUTDOOR LIVING

311 State Street boasts an additional approx. 1000sf of outdoor space. The rear terrace on the parlor floor is located off the kitchen, and is a seamless extension of your dining and entertaining spaces. Trimmed in privacy fencing and planter boxes, it?s gracious proportions can accommodate a grilling station, cabana style seating, an alfresco dining table, and a garden for all seasons. Head up to your sun room to sit, and collect your thoughts over a morning cup of coffee, or gather with friends, and enjoy the fresh air and sweeping views with a glass of wine. The dual terraces are pre-wired for electricity, share a common wet bar, and offer the flexibility to customize your experience with lounge furniture, dining table, landscaped garden, or all of the above.

SMART IS THE NEW LUXURY

In addition to its timeless brick façade, 311 State?s modern interior was conceptualized for today?s lifestyle with every convenience incorporated, taking tech inspired living to new levels of luxury. This turn-key home is complete with a cutting edge automation system including: audiovisual integration, motorized blinds, Lutron smart lighting, thermostat control, remote alarm and intercom functionality. Being able to control your lighting, climate, entertainment, and security from a single app offers unparalleled personalization and efficiency.

THE NEIGHBORHOOD

With easy access to all major subway lines, and convenient to the fantastic shopping, dining, and entertainment of Smith Street, Atlantic Avenue, Barclays Center, and downtown Brooklyn, life at 311 State Street will put you in the center of it all in one of Brooklyn?s most dynamic, and charming neighborhoods.

Last Listed By

Randy Baruh

Compass License #10301204306 Listed on: 04/05/2021

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,469

Year Built

  • 2018

Lot Details

  • 1,960

Interior Spaces

  • 6,500 Sq Ft Home
  • 2-Story Property
  • Den
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Terrace
  • Central Air

Community Details

  • Boerum Hill Subdivision

Listing and Financial Details

  • Tax Block 171

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,469

Year Built

2018

Lot Details

0

Listing Details

  • Cross Street: Bond Street & Hoyt Street
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Boerum Hill
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built (Public Record): 2018

Interior Features

  • Interior Features: Den, Separate/Formal Dining Room, Eat-in Kitchen
  • Appliances: Dryer, Washer
  • Living Area: 6500.0
  • Living Area Units: Square Feet
  • Rooms (Total): 18
  • Dining Room Type: Den

Beds/Baths

  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Bathrooms Integer: 6
  • Bedrooms: 6

Exterior Features

  • Patio/Porch Features: Terrace, Rooftop

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common On Floor
  • Cooling: Central Air
  • Cooling: Yes

Building Info

  • Building Name: Eight on State
  • Units: 1
  • Total Stories: 2

Tax Info

  • Tax Block: 171

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2021
Closed on
Sep 1, 2021
Sold by
Srt 311 Corp
Bought by
311 State Llc
Seller's Agent
Randy Baruh
Compass
List Price
$10,900,000
Sold Price
$9,000,000
Premium/Discount to List
-$1,900,000
-17.43%
Total Days on Market
118
Current Estimated Value
$7,349,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,650,532
Avg. Annual Appreciation
-5.53%

Purchase Details

Closed on
Mar 22, 2018
Sold by
State Renaissance Townhomes Llc
Bought by
Srt 311 Corp
Source: Public Records

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Range of Values:

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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
311 State Llc $9,000,000 --
Srt 311 Corp $3,025,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 311 State Llc $6,300,000
Previous Owner Srt 311 Corp $17,330,100
Previous Owner Srt 311 Corp $669,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2021 09/01/21 Sold $9,000,000 -17.4% $1,385 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $10,900,000 -- $1,677 / 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
2024 $27,469 $318,240 $41,100 $277,140
2023 $27,775 $300,960 $41,100 $259,860
2022 $19,469 $313,980 $41,100 $272,880
2021 $25,292 $120,180 $19,620 $100,560
2020 $18,969 $69,720 $19,620 $50,100
2019 $4,104 $19,620 $19,620 $50,100
2018 $4,000 $19,620 $19,620 $0
2017 $24,620 $120,776 $120,260 $516
2016 $22,778 $113,940 $113,400 $540
2015 $14,572 $110,640 $110,100 $540
2014 $14,572 $110,620 $110,080 $540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10709033

Real Estate Board of New York (REBNY)

APN: 00171-0201