NOT LISTED FOR SALE

3311 Newkirk Ave Unit 5A Brooklyn, NY 11203

East Flatbush Neighborhood

Estimated Value: $582,000 - $658,000

2 Beds
2 Baths
832 Sq Ft
$435/mo HOA Fee

Last Sold January 29, 2020

Last sale price $542,000 $651 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,749/month

97 Days on Market

Highlights

  • Pre War Building
  • 4-minute walk to Newkirk Avenue (2,5 Line)
  • 5-minute walk to Nostrand Playground
  • New Windows

About This Home

As of January 2020

This newly constructed two bedroom two bath unit sits on the B line in one of Flatbush's newest boutique elevator developments. Tastefully designed featuring ash wood flooring, oversized windows, individually controlled heat and air conditioning, and aiphone videocom. Keeping today's homeowner in mind, the property was designed with an open layout filled with sunlight, thanks to the oversized windows. The kitchen has such features which include a suite of stainless steel whirpool appliances, quartz counter tops, complemented by a tiled glass, and self-closing cabinets. This unit offers two luxurious bathrooms, boasting radiant heated flooring, deep soaking bathtubs, Kichler LED lighting, and fixtures by Delta. This 6 story Boutique development is nestled on a tree-lined block in Flatbush, Brooklyn. There is a serene fenced in common backyard, full of greenery, offering the building owners a place to BBQ, entertain, read a good book, or just relax. Ideally located on Newkirk Ave just off the corner of New York Ave, 331 Newkirk is at the epicenter of the development boom taking place in the neighborhood. Just one block from the 2 and 5 subway lines at the corner of Newkirk and Nostrand Avenues, 3311 Newkirk offers a convenient commute no matter where you're bound. The building also offers its new owners a 15 year 421A tax abatementThis is not an offering. The complete offering terms are in an offering plan available from the Sponsor. Sponsor reserves the right to make changes in accordance with the offering plan. File No. CD18-0262.

Last Agent to Sell the Property

Bryan Ecock

Douglas Elliman Real Estate License #10301215997 Listed on: 05/11/2019

Douglas Elliman Real Estate

Co-Listed By

Rebecca Goldberg

Douglas Elliman Real Estate License #10301216846

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $274

Year Built

  • Built in 2018

Lot Details

  • 4,008

HOA Fees

  • $435 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 5th floor

Interior Spaces

  • 832 Sq Ft Home
  • New Windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling

Community Details

  • Eflatbus Subdivision

Listing and Financial Details

  • Tax Block 4967

Property Details

Home Type

Condominium

Est. Annual Taxes

$274

Year Built

Built in 2018

Lot Details

0

HOA Fees

$435 per month

Listing Details

  • Cross Street: New York Avenue
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: EFLATBUS
  • Architectural Style: Prewar
  • Entry Level: 5
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Living Area: 832.0
  • Living Area Units: Square Feet
  • Window Features: New Windows

Beds/Baths

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 435.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Year Built: 2018

Tax Info

  • Tax Block: 4967

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2019
Closed on
Jan 28, 2020
Sold by
Newkirk And Nostrand Llc
Bought by
Frazier April Empleo and Wong Scott C K
Seller's Agent
Bryan Ecock
Douglas Elliman Real Estate
List Price
$550,000
Sold Price
$542,000
Premium/Discount to List
-$8,000
-1.45%
Current Estimated Value
$628,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,811
Avg. Annual Appreciation
2.62%
Original Mortgage
$433,600
Outstanding Balance
$384,939
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$243,872
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
Frazier April Empleo $542,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frazier April Empleo $433,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2020 01/29/20 Sold $542,000 -1.5% $651 / Sq Ft
08/19/2019 08/19/19 Pending -- -- --
05/13/2019 05/13/19 For Sale $550,000 -- $661 / 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 $274 $68,411 $15,149 $53,262
2024 $274 $57,009 $15,149 $41,860
2023 $269 $70,444 $15,149 $55,295
2022 $268 $61,953 $15,149 $46,804
2021 $269 $61,953 $15,149 $46,804
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10585381

Real Estate Board of New York (REBNY)

APN: 04967-1008