NOT LISTED FOR SALE

318 Knickerbocker Ave Unit 4F Brooklyn, NY 11237

Bushwick Neighborhood

Estimated Value: $973,110 - $1,181,000

2 Beds
1.5 Baths
1,059 Sq Ft
$705/mo HOA Fee

Last Sold November 14, 2020

Last sale price $1,055,000 $996 Per Sq Ft

Current estimated payment $6,806/month

22 Days on Market

About This Home

As of November 2020

Come home to one of the best condo lofts in all of Bushwick with your own massive private terrace and deeded parking! This gorgeous and spacious two-bedroom, one-and-a-half-bath with double exposures is ready to welcome you! Once inside you'll find a south-facing open living space flooded by light with ceilings soaring to over 13'. Pass through double doors directly onto your large private terrace with space to entertain or escape! This condo features a spacious kitchen with stainless steel appliances, an abundance of storage, in-unit laundry, and is finished off with plenty of exposed brick and beautiful custom cabinets throughout. Passing to the rear of the apartment you'll find a foyer off the bathrooms with custom storage leading into two spacious bedrooms to complete this home. If that weren't enough, there's a gated parking space accessed by electronic gate, and a J-51 tax abatement!

Converted in 2011, The Knick is a fully restored and landmarked loft building comprised of 49 homes, two common roof decks, a gym, virtual doorman, private storage, and an elevator. It's centrally located a mere one block to Maria Hernandez Park, and a few blocks from Henry's Wine and both the M and the L trains (Central Ave and Dekalb).

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,704

HOA Fees

  • $705 Monthly HOA Fees

Home Design

  • 1,059 Sq Ft Home
  • Entry on the 4th floor

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Community Details

  • 35 Units
  • The Knick Condos
  • Bushwick Subdivision

Listing and Financial Details

  • Tax Block 03235

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,704

Lot Details

0

HOA Fees

$705 per month

Listing Details

  • Cross Street: Hart street
  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Bushwick
  • Entry Level: 4
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 1059.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • Patio/Porch Features: Patio

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 705.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Building Name: THE KNICK
  • Units: 35

Tax Info

  • Tax Block: 03235
  • Tax Annual: 1704.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2020
Closed on
Nov 20, 2020
Sold by
Pascal Sara Z
Bought by
Abeles Mark and Pasqua Gina
List Price
$999,000
Sold Price
$1,055,000
Premium/Discount to List
$56,000
5.61%
Current Estimated Value
$1,054,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$722
Avg. Annual Appreciation
-0.01%
Original Mortgage
$765,000
Outstanding Balance
$680,741
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$373,537

Purchase Details

Closed on
May 5, 2011
Sold by
Knickerbocker Properties Llc
Bought by
Pascal Sara Z
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Abeles Mark $1,055,000 --
Pascal Sara Z $585,494 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abeles Mark $765,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2020 11/14/20 Sold $1,055,000 +5.6% $996 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
07/21/2020 07/21/20 For Sale $999,000 -- $943 / 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 $6,926 $95,687 $17,915 $77,772
2024 $6,926 $91,712 $17,915 $73,797
2023 $5,601 $81,187 $17,915 $63,272
2022 $3,274 $69,655 $17,915 $51,740
2021 $1,583 $50,710 $17,915 $32,795
2020 $1,014 $61,458 $17,915 $43,543
2019 $1,743 $61,458 $17,915 $43,543
2018 $2,811 $52,971 $17,915 $35,056
2017 $2,808 $50,452 $17,915 $32,537
2016 $4,888 $49,624 $17,915 $31,709
2015 $804 $41,886 $17,914 $23,972
2014 $804 $62,623 $17,915 $44,708
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10855519

Real Estate Board of New York (REBNY)

APN: 03235-1230