$840,000
SOLD FEB 26, 2025
1 Bed
1 Bath
762 Sq Ft
$837/mo HOA Fee

Recently Sold

$1,102 Per Sq Ft

1% Below List Price

21 Days on Market

Highlights

  • City View
  • 4-minute walk to 4 Avenue-9 Street (D,M,N,R Line)
  • Balcony
  • Theater or Screening Room
  • Elevator
  • 1-minute walk to Washington Park Dog Run

About This Home

As of February 2025

Discover this expansive modern 1-bedroom, 1-bathroom gem at Novo condominium, located in the heart of Park Slope! Residence 5F offers a private, peaceful ambiance with an excellent flow of space, bathed in brilliant natural light, and savor the outdoors on the lovely balcony. High ceilings and large windows create an open, airy feel while showcasing charming views of the neighborhood.

The sleek, well-appointed kitchen is perfect for any home chef, featuring ample cabinetry, generous counter space, and stainless-steel appliances, including a brand-new dishwasher and microwave. The spacious king-sized bedroom is a relaxing retreat, complete with a large closet. Modern finishes throughout the apartment add an elegant touch to the space, making it the perfect urban escape. Additional perks include new wood flooring, an in-unit washer/dryer, central AC, and abundant closet space for all your storage needs.

Novo is a full-service, 12-story building with impressive amenities. Enjoy a landscaped garden entry on 5th Street, a newly-renovated lobby with a full-time doorman, and onsite parking. A live-in super ensures smooth building operations, and the 2,000+ sq ft gym, residents' lounge, and kids' playroom-all offering park views-enhance the luxury experience. Host private events in the lounge, complete withWiFi and TV. Pet-friendly policies, along with a 25-year tax abatement until June 2033, add extra appeal to this exceptional home.

Ideally situated near JJ Byrne Memorial Park, you'll have access to a playground, dog run, and basketball courts, as well as the Down to Earth Farmers Market just one block away. Whole Foods Market and a variety of shopping and dining options on 5th Avenue are all close by, with the F/G/R subway lines just a few blocks away for an easy commute to Manhattan.

Last Agent to Sell the Property

Anthony Robles

Douglas Elliman Real Estate License #10401235810 Listed on: 09/26/2024

Douglas Elliman Real Estate

Co-Listed By

James Vallejos

Douglas Elliman Real Estate License #10401302997

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2006

HOA Fees

  • $837 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 762 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer Dryer Allowed
  • Washer Hookup

Additional Features

  • Balcony
  • East Facing Home
  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 7501 / 00981

Community Details

Overview

  • 113 Units
  • High-Rise Condominium
  • Novo Condos
  • Park Slope Subdivision
  • 12-Story Property

Amenities

  • Theater or Screening Room
  • Children's Playroom
  • Elevator

Property Details

Home Type

Condominium

Year Built

Built in 2006

Lot Details

0

HOA Fees

$837 per month

Listing Details

  • Exposures: East
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Park Slope
  • Entry Level: 5
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 762.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Balcony
  • Patio/Porch Features: None, Balcony

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Other, Washer Hookup, In Unit
  • Green Building Features: Common Playroom, Elevator(s), Screening Room
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 837.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Zoning Description: R8A

Building Info

  • New Construction: No
  • Building Name: Novo
  • Units: 113
  • Total Stories: 12
  • Year Built: 2006

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 00981
  • Tax Lot: 7501

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2024
Closed on
Feb 25, 2025
Sold by
Deborah Braun Revocable Trust Dated 1 and Eric A Braun Trustee
Bought by
Akbay Ahmet and Stallings-Akbay Tyleen
Seller's Agent
Anthony Robles
Douglas Elliman Real Estate
List Price
$850,000
Sold Price
$840,000
Premium/Discount to List
-$10,000
-1.18%
Views
13
Current Estimated Value
$881,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,494
Avg. Annual Appreciation
5.98%
Original Mortgage
$630,000
Outstanding Balance
$625,816
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$255,678

Purchase Details

Closed on
May 26, 2009
Sold by
343 Llc
Bought by
Braun As Trustee Deborah and Deborah Braun Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $840,000 --
Deed $840,000 --
Deed $429,250 --
Deed $429,250 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $630,000 Purchase Money Mortgage
Closed $630,000 Purchase Money Mortgage
Previous Owner $178,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2025 02/26/25 Sold $840,000 -1.2% $1,102 / Sq Ft
10/17/2024 10/17/24 Pending -- -- --
09/26/2024 09/26/24 For Sale $850,000 -- $1,115 / 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 $165 $80,563 $2,016 $78,547
2024 $165 $75,899 $2,016 $73,883
2023 $162 $67,385 $2,016 $65,369
2022 $162 $76,177 $2,016 $74,161
2021 $162 $64,537 $2,016 $62,521
2020 $80 $72,189 $2,016 $70,173
2019 $167 $70,773 $2,016 $68,757
2018 $168 $65,551 $2,016 $63,535
2017 $168 $61,232 $2,016 $59,216
2016 $171 $50,274 $2,016 $48,258
2015 $133 $45,630 $2,016 $43,614
2014 $133 $40,213 $2,016 $38,197
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11012107

Real Estate Board of New York (REBNY)

APN: 00981-1050