NOT LISTED FOR SALE

Novo 343 4th Ave Unit 7I Floor 7 Brooklyn, NY 11215

Park Slope Neighborhood

Estimated Value: $1,809,000 - $1,962,000

3 Beds
2 Baths
1,595 Sq Ft
$1,436/ mo HOA Fee

Last Sold June 25, 2021

Last sale price $1,690,000 $1,060 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $11,230/month

117 Days on Market

Highlights

  • City View
  • 4-minute walk to 4 Avenue-9 Street (D,M,N,R Line)
  • Central Air
  • Community Garden
  • Balcony
  • 1-minute walk to Washington Park Dog Run

About This Home

As of June 2021

343 4th Avenue #7i
Absolutely gorgeous, extremely spacious, and perfectly maintained 3-bedroom/2-bathroom home in the beloved Novo Condominium - a luxury full-service building located in the very heart of Park Slope! As you enter this beautifully designed, nearly 1,600 square-foot apartment, you are immediately greeted by a light-filled loft-like living and dining space with plenty of room for everyone to spread out! The oversized living room boasts three extra-large windows offering expansive views of the open sky, the Statute of Liberty and the Manhattan skyline, and providing jaw dropping sunsets all year round. The separate dining area is spacious enough for an oversized dining table with plenty of seating. As you walk further into this lovely home, you are welcomed by a spacious and stylish eat-in chef's kitchen providing room for yet another dining area and offering a large pantry with custom built-in shelves with plenty of space to stock up! As an added bonus, enjoy the built-in-sound system with remote controlled volume while cooking up a storm or enjoying a casual meal. Modern kitchen appliances include a large Fisher & Paykel refrigerator, and JennAir cooking stove, dishwasher and microwave. Down the hallway, you'll retreat to an oasis of a master bedroom which offers a HUGE walk-through closet with custom shelving installed by a local Brooklyn carpenter. The master bedroom (9? 0? x 22? 2?) also enjoys an en-suite marble & glass tiled bathroom with a walk-in shower and luxurious rain showerhead. A TOTO washlet toilet and bamboo and mirror custom medicine cabinet add function and elegance to this beautiful master bathroom. The large second bedroom (9? 4? x 19? 7?) includes a balcony and ample closet space. With additional custom built-in cabinets and shelving, this room could serve as a bedroom, home office, yoga/meditation room, or artist studio. The possibilities are endless! Open the large sliding door and you'll enjoy a spacious balcony where you can greet the day with a cup of coffee, read a book under the gorgeous late afternoon sunshine, or wind down with a drink while watching the technicolor sunsets. The third bedroom (9? 2? x 21? 9?) also provide ample closet space and another large west-facing window. Completing the picture of this wonderful family home are a second beautifully tiled bathroom with a Kohler bathtub, a new Whirlpool washer/gas dryer, individually controlled PTAC heating and cooling units in every room, high ceilings, beautiful maple wide plank floors, and abundant closet space, including an entryway closet and a large hallway closet. This apartment will leave you wanting for nothing! The Novo is a well-established condominium located in the heart of Park Slope, adjacent to the Old Stone House, JJ Byrne Playground, and Washington Park with a skateboard area, basketball courts and a dog run. The entrance to the building is on 5th Street through a beautiful courtyard that is professionally landscaped. Amenities include 24-hour concierge service, a newly renovated modern lobby, three elevators, a 2,000+ sq. ft. fitness gym + yoga studio with a beautiful park views, a 2000+ sq. ft. lounge also with park views, WiFi & TV available for private events, and a recently renovated kid's playroom. The Novo is also a pet-friendly and smoke-free building. Finally, parking spaces may be available for rent in the basement garage, which has direct elevator access from the building for Novo residents. Last but not least, the Novo enjoys a 421-a tax abatement until 2032. On Sundays, enjoy the abundance of vendors at the Down to Earth Farmer's Market just one block away.
The Novo is a stone's throw from Whole Foods Market and superb shopping and dining on 5th Avenue. The F/G/R subway lines are just a few blocks away for a quick ride into Manhattan. 343 4th Avenue #7i is the dream home you have been waiting for with an abundance of space, luxury and location!

Last Agent to Sell the Property

Toshio Mochizuki

Corcoran Group License #10401302499 Listed on: 11/21/2020

Corcoran Group

Co-Listed By

Salomon Danielov

Corcoran Group License #10401221164

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $336

Year Built

  • Built in 2006

HOA Fees

  • $1,436 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 7th floor

Interior Spaces

  • 1,595 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Balcony
  • West Facing Home
  • Central Air

Listing and Financial Details

  • Tax Block 981

Community Details

Overview

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

Amenities

  • Community Garden
  • Courtyard
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$336

Year Built

Built in 2006

Lot Details

0 Sq Ft Lot

HOA Fees

$1,436 per month

Listing Details

  • Cross Street: 3 STREET and 5 STREET
  • Exposures: West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Park Slope
  • Entry Level: 7
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Interior Features: Separate/Formal Dining Room
  • Appliances: Dryer, Washer
  • Living Area: 1595.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 3

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Courtyard, Building Garden, Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1436.04
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 210.0 x 97.0

Building Info

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

Tax Info

  • Tax Block: 981
  • Tax Annual: 336.0

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2020
Closed on
Jun 25, 2021
Sold by
Bornstein Eran and Bornstein Gabriela
Bought by
Katz Matthew and Katz Samantha
Seller's Agent
Toshio Mochizuki
Corcoran Group
List Price
$1,690,000
Sold Price
$1,690,000
Current Estimated Value
$1,876,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,767
Avg. Annual Appreciation
2.24%
Original Mortgage
$1,352,000
Outstanding Balance
$1,221,398
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$655,369

Purchase Details

Closed on
Jun 1, 2011
Sold by
Ali Yousaf and Burney Batool
Bought by
Bornstein Eran and Bornstein Gabriela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
4.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 2008
Sold by
343 Llc
Bought by
Ali Yousaf and Burney Batool

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,650
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Katz Matthew $1,690,000 --
Katz Matthew $1,690,000 --
Bornstein Eran $960,000 --
Bornstein Eran $960,000 --
Ali Yousaf $895,000 --
Ali Yousaf $895,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Katz Matthew $1,352,000
Closed Katz Matthew $1,352,000
Previous Owner Bornstein Eran $720,000
Previous Owner Ali Yousaf $599,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2021 06/25/21 Sold $1,690,000 0.0% $1,060 / Sq Ft
11/21/2020 11/21/20 For Sale $1,690,000 -- $1,060 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $343 $167,025 $4,180 $162,845
2024 $343 $157,356 $4,180 $153,176
2023 $336 $139,705 $4,180 $135,525
2022 $336 $157,932 $4,180 $153,752
2021 $336 $133,799 $4,180 $129,619
2020 $165 $149,665 $4,180 $145,485
2019 $346 $146,728 $4,180 $142,548
2018 $349 $135,902 $4,180 $131,722
2017 $349 $126,947 $4,180 $122,767
2016 $354 $104,229 $4,179 $100,050
2015 $276 $94,600 $4,180 $90,420
2014 $276 $83,370 $4,179 $79,191
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10684165

Real Estate Board of New York (REBNY)

APN: 00981-1073

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