NOT LISTED FOR SALE

361 Franklin Ave Unit 2 Brooklyn, NY 11238

Bed-Stuy Neighborhood

Estimated Value: $1,114,000 - $1,315,000

3 Beds
1.5 Baths
1,116 Sq Ft
$350/mo HOA Fee

Last Sold April 22, 2024

Last sale price $1,070,018 $959 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,927/month

22 Days on Market

Highlights

  • Deck
  • Views
  • 4-minute walk to Lafayette Gardens Playground

About This Home

As of April 2024

TRIPLE THREAT! 3 bedrooms and 3 exposures in this 3-unit condominium. Apt. 2 at 361 Franklin Avenue is a spacious floor-through just one flight up that provides everything you want, at an unbeatable price.

A gorgeous bespoke kitchen anchors the open living space, while the three bedrooms and full bath are found off the gallery hallway. The third bedroom includes a built-in Murphy bed and desk that offer flexible use of the space, and this room leads out to your 200+ s.f. private deck. The primary bedroom includes a half-bath en-suite, and you'll find new split units for heating and A/C in every room, 8 windows, 1.5 bathrooms, hardwood floors throughout, and in-unit laundry.

The custom-designed kitchen will blow your mind! A symphony of varying materials, including rich walnut-look cabinetry, charcoal-grey slate tile, and stunning dove grey Caeserstone counter tops and waterfall edge island, add drama to the refined and functional space. From the choice of appliances to the contemporary overhead lighting, every detail has been carefully considered. Other features of this unique condominium home include an app-controlled video intercom system, recessed lighting, ceiling fans in two of the bedrooms, and sleek accordion window shades.

With just 3 units (one per floor), this self-managed and pet friendly condominium makes for easy living. Additional features include additional storage and a full-size washer/dryer in the basement, 421-A tax-abatement until 2032, and super low common charges. At the nexus of Clinton Hill and Bed-Stuy, 361 Franklin Ave. is located between the G and C trains, with a plethora of eateries, cafes, and bars nearby.

Last Agent to Sell the Property

Timothy Stanard

Corcoran Group License #30ST0931703 Listed on: 01/17/2024

Corcoran Group

Co-Listed By

Andrew Weitsman

Corcoran Group License #10401320998

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $132

Year Built

  • Built in 2007

HOA Fees

  • $350 Monthly HOA Fees

Interior Spaces

  • 1,116 Sq Ft Home
  • 3-Story Property
  • Property Views
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in unit
  • Washer Hookup

Additional Features

  • Deck
  • No Cooling

Community Details

  • 3 Units
  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Legal Lot and Block 1002 / 01971

Property Details

Home Type

Condominium

Est. Annual Taxes

$132

Year Built

Built in 2007

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Bedford Stuyvesant
  • Architectural Style: Walk-Up
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Pets No Pets Comments: case by case,Building Pets Allowed Comments:case by case
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Features: Dining Area
  • Fireplace: No
  • Living Area: 1116.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6
  • Basement: Yes
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Integer: 2
  • Bedrooms: 3

Exterior Features

  • View: Other
  • View: Yes
  • Exterior Features: None
  • Patio/Porch Features: Deck

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other, Washer Hookup, In Unit
  • Green Building Features: Green Building
  • Cooling: Other
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 350.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 3
  • Total Stories: 3
  • Year Built: 2007

Tax Info

  • Tax Block: 01971
  • Tax Lot: 1002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2024
Closed on
Apr 22, 2024
Sold by
Manring Gregory and Manring Lewis E
Bought by
Carrington Zahir and Kamler Alexandra
Seller's Agent
Timothy Stanard
Corcoran Group
List Price
$995,000
Sold Price
$1,070,018
Premium/Discount to List
$75,018
7.54%
Views
32
Current Estimated Value
$1,207,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,234
Avg. Annual Appreciation
9.21%
Original Mortgage
$127,555
Outstanding Balance
$125,854
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,081,398

Purchase Details

Listed on
Jan 12, 2015
Closed on
Jan 28, 2015
Sold by
Hassan Sibte
Bought by
Manring Gregory and Manring Lewis E
Seller's Agent
Dosta Dedic
R New York
List Price
$801,000
Sold Price
$801,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.18%

Purchase Details

Closed on
Apr 17, 2008
Sold by
361 Franklin Avenue Corp
Bought by
Hassan Sibte
Source: Public Records

Range of Values:

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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
Carrington Zahir $1,070,018 --
Carrington Zahir $1,070,018 --
Manring Gregory $801,000 --
Manring Gregory $801,000 --
Hassan Sibte $383,768 --
Hassan Sibte $383,768 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carrington Zahir $127,555
Closed Carrington Zahir $127,555
Previous Owner Manring Gregory $420,885
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2024 04/22/24 Sold $1,070,018 +7.5% $959 / Sq Ft
02/09/2024 02/09/24 Pending -- -- --
01/17/2024 01/17/24 For Sale $995,000 +24.2% $892 / Sq Ft
01/28/2015 01/28/15 Sold $801,000 0.0% $668 / Sq Ft
12/29/2014 12/29/14 Pending -- -- --
10/24/2014 10/24/14 For Sale $801,000 -- $668 / 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 $132 $42,360 $3,880 $38,480
2024 $132 $41,980 $3,880 $38,100
2023 $134 $51,520 $3,880 $47,640
2022 $131 $47,500 $3,880 $43,620
2021 $138 $45,340 $3,880 $41,460
2020 $4,604 $44,660 $3,880 $40,780
2019 $138 $46,991 $3,880 $43,111
2014 $90 $17,100 $3,503 $13,597
Source: Public Records

Agents Affiliated with this Home

  • Timothy Stanard

    Seller's Agent in 2024

    Timothy Stanard

    Corcoran Group

    (917) 208-8617

    4 in this area

    35 Total Sales

    Timothy Stanard
    Section Image
  • Andrew Weitsman

    Seller Co-Listing Agent in 2024

    Andrew Weitsman

    Corcoran Group

    (718) 916-5119

    4 in this area

    30 Total Sales

    Andrew Weitsman
    Section Image
  • Dosta Dedic

    Seller's Agent in 2015

    Dosta Dedic

    R New York

    (347) 860-0582

    10 Total Sales

    Dosta Dedic
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10950801

Real Estate Board of New York (REBNY)

APN: 01971-1002

New York Kings County Brooklyn 11216 Bed-Stuy

361 Franklin Ave Unit 2, Brooklyn, NY

This home is located at 361 Franklin Ave Unit 2, Brooklyn, NY 11238 since 17 January 2024 and is currently estimated at $1,207,252, approximately $1,081 per square foot. This property was built in 2007. 361 Franklin Ave Unit 2 is a home located in Kings County with nearby schools including P.S. 3 - The Bedford Village, Clara Muhammad School Of Masjid Khalifah, and Brooklyn Waldorf School.

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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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