NOT LISTED FOR SALE

318 Knickerbocker Ave Unit 3G Brooklyn, NY 11237

Bushwick Neighborhood

Estimated Value: $640,488

1 Bed
1 Bath
611 Sq Ft
1899 Built

Sale Details

Date Sold: March 22, 2022

Last sale price $595,000 $974 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,309 / mo

156 Days on Market

Highlights

  • Rooftop Deck
  • Terrace
  • Entrance Foyer
  • Pre War Building
  • New Windows
  • 3-minute walk to Maria Hernandez Park

About This Home

As of March 2022

318 Knickerbocker Unit 3G The Knick Bushwick is at its best! This one-bed, one-bath apartment offers an open-floor living area with a functional layout and exceptional details. As you enter, the foyer welcomes you with a large coat closet and plenty of space for a credenza. As you head into the apartment, you are flanked on one side by the large open kitchen adorned with energy star GE appliances, custom cabinetry, and quartz countertops. On the other, a laundry closet with a washer/dryer as well as a nook perfect for office or dining. Venture further in and notice the beautiful sun streaming in from the east-facing windows. The 18-foot long living room offers plenty of space for both dining and living areas. To the right, the bedroom is set off to the side, perfect for a good night's rest. The oversized bathroom is adorned with timeless black tiled floors and subway tiled walls. Throughout the apartment, the details cannot be missed; lofted ceilings, 4 windows with Eastern exposure, exposed duct-work, in-unit washer/dryer, central HVAC system, two closets, and hardwood floors. The Knick, one of Bushwick's few condominiums, is also the neighborhood's most sought-after conversion. Comprised of three buildings, this 49-unit landmark is an excellent redraft of history that seamlessly merges today's modernity with the original charm and character. Offering a full amenity package from a fitness center and common roof deck to a virtual doorman, package room, and bike storage, this home takes living to the next level. Located in the heart of Bushwick with its tree-lined streets, in close proximity to Maria Hernandez Park, quaint shops, great local restaurants such as Amaranto and Sally Roots, and cultural establishments such as The Bushwick Collective. Public transportation is easily accessible via the Central Avenue M train, Dekalb Avenue L, and several bus lines, making the commute to Manhattan only 20 minutes. Please note there is a tax abatement in place and it will expire in 2026 *Please note, in the offering plan the unit is delineated as a studio and treated as such.

Last Agent to Sell the Property

Tali Berzak

Compass License #10301209148 Listed on: 07/23/2021

Compass

Co-Listed By

Isaac Metcalf

Compass License #10401268642

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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $840

Year Built

  • Built in 1899

HOA Fees

  • $376 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Pre War Building
  • Entry on the 3rd floor

Interior Spaces

  • 611 Sq Ft Home
  • 4-Story Property
  • New Windows
  • Entrance Foyer

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Terrace
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7503 / 3235

Community Details

Overview

  • Bushwick Subdivision

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$840

Year Built

Built in 1899

Lot Details

0 Sq Ft Lot

HOA Fees

$376 per month

Listing Details

  • Cross Street: Hart Street/De Kalb Avenue
  • Exposures: East,South
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: Bushwick
  • Architectural Style: Prewar
  • Entry Level: 3
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  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Features: Entrance Foyer
  • Appliances: Dryer, Washer
  • Living Area: 611.0
  • Living Area Units: Square Feet
  • Window Features: New Windows

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 376.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 4
  • Year Built: 1899

Tax Info

  • Tax Block: 3235
  • Tax Lot: 7503
  • Tax Annual: 840.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Mar 11, 2022
Sold by
Rahman Rashad
Bought by
Seller's Agent
Tali Berzak
Compass
List Price
$595,000
Sold Price
$595,000
Current Estimated Value
$640,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,488
Avg. Annual Appreciation
1.65%
Original Mortgage
$535,500
Outstanding Balance
$489,800
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$150,688

Purchase Details

Closed on
Aug 6, 2015
Sold by
Ji Yanwen
Bought by
Rahman Rashad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2011
Sold by
Knickerbocker Properties Llc
Bought by
Ji Yanwen
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$595,000 --
Rahman Rashad $475,000 --
Ji Yanwen $248,937 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $535,500
Closed Rahman Rashad $3,292
Closed Rahman Rashad $332,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/22/2022 03/22/22 Sold $595,000 0.0% $974 / Sq Ft
07/23/2021 07/23/21 For Sale $595,000 -- $974 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,589 $53,048 $9,570 $43,478
2025 $3,700 $51,116 $9,570 $41,546
2024 $3,700 $48,993 $9,570 $39,423
2023 $2,992 $43,370 $9,570 $33,800
2022 $1,749 $37,209 $9,570 $27,639
2021 $846 $27,089 $9,570 $17,519
2020 $254 $31,874 $9,570 $22,304
2019 $931 $32,832 $9,570 $23,262
2018 $1,502 $28,297 $9,570 $18,727
2017 $1,500 $26,952 $9,570 $17,382
2016 $2,611 $26,509 $9,570 $16,939
2015 $430 $22,376 $9,570 $12,806
2014 $430 $33,453 $9,570 $23,883
Source: Public Records

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10761631

Real Estate Board of New York (REBNY)

APN: 03235-1219

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