NOT LISTED FOR SALE

361 Franklin Ave Unit 2 Brooklyn, NY 11238

Bed-Stuy Neighborhood

Estimated Value: $1,090,000 - $1,252,613

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. 9% increase in value since last sale

Current estimated payment $6,902/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 Listed By

Timothy Stanard

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

Corcoran Group

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%
Total Days on Market
22
Views
32
Current Estimated Value
$1,168,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,635
Avg. Annual Appreciation
8.35%
Original Mortgage
$127,555
Outstanding Balance
$126,322
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,042,331

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
Compass
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

Range of Values:

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

Similar Homes in the area

  • 88 Wyckoff St Unit 4D, Brooklyn, NY 11201

    $1,250,000

    • 1 Bed
    • 1 Bath
    • 890 Sq Ft
    • 88 Wyckoff St
    • Unit 4D
    • Brooklyn, NY

    Top floor, Exceptionally Spacious 1-Bedroom on the Corner of Smith Street and Wyckoff, at the intersection of the historic Cobble Hill and Boerum Hill neighborhoods. Apartment 4D benefits from both northern and southern exposures and features soaring ceilings, more than ample storage throughout, with pocket doors to further optimize space, and beautifully-hued hardwood floors running through the

    Philip Hordijk Leven Real Estate

    Section Image
  • 554 4th Ave Unit 3D, Gowanus, NY 11215

    $1,050,000

    • 1 Bed
    • 1 Bath
    • 824 Sq Ft
    • 554 4th Ave
    • Unit 3D
    • Gowanus, NY

    Step into luxury with this stunning, thoughtfully designed residence featuring high-end finishes and seamless indoor-outdoor living. The heart of the home boasts a striking marble waterfall island with a custom overhang for seating, perfectly paired with a marble backsplash and a full suite of premium appliances—including a built-in refrigerator with ice maker, dishwasher, low-profile microwave,

    Jessica Alejo Cosmo Group Realty

    Section Image
  • 12 Monitor St Unit 1B, New York, NY 11222

    $1,399,999

    • 3 Beds
    • 2 Baths
    • 1,439 Sq Ft
    • 12 Monitor St
    • Unit 1B
    • New York, NY

    Fabulous Flexible loftlike apartment located at the crossroads of trendy Williamsburg and Greenpoint. This gorgeous home offers the unique opportunity to create a 3 bedroom, 2 bath home, a live work space, artist’s studio or more! 2 separate entrances (one on each level) allow for privacy, and complete separation if desired.The first level includes a gourmet kitchen with stainless steel

    Melissa Leifer Keller Williams NYC

    Section Image
  • 216 Calyer St Unit 3B, Brooklyn, NY 11222

    $1,250,000

    • 1 Bed
    • 1 Bath
    • 216 Calyer St
    • Unit 3B
    • Brooklyn, NY

    Incredible south facing loft like duplex with private outdoor space. This six-story elevator building was elegantly designed and preserves the charm and historic character of the Greenpoint area, one of the most vibrant and desired Brooklyn neighborhoods. This apartment boasts genuine oak floors throughout, GE stainless steel kitchen appliances, imported marble bathroom tiles and a deep

    David Kazemi Corcoran Group

    Section Image
  • 247 W 46th St Unit 408, New York, NY 10036

    $1,146,000

    • 1 Bed
    • 1 Bath
    • 800 Sq Ft
    • 247 W 46th St
    • Unit 408
    • New York, NY

    Welcome to Unit 408 at The Platinum, a luxurious Junior 1-bedroom, 1-bathroom residence located at 247 West 46th Street in the vibrant Midtown West neighborhood of Manhattan.This modern gem was constructed in 2008 by renowned developer SJP Properties and designed by the esteemed architects Costas Kondylis & Partners, along with Hill West Architects. Spanning across 800 square feet of

    Philip Hordijk Leven Real Estate

    Section Image
  • 247 W 46th St Unit 2305, New York, NY 10036

    $1,150,000

    • 1 Bed
    • 1 Bath
    • 748 Sq Ft
    • 247 W 46th St
    • Unit 2305
    • New York, NY

    Your perfect urban retreat awaits in this flawless one-bedroom, one-bathroom home featuring modern interiors, wide-open views and an ideal location in a full-service, amenity-rich condominium in the heart of Midtown Manhattan. Inside this nearly 750-square-foot contemporary home, ceilings rise 9.5 feet tall over hardwood floors and walls of windows capturing Eastern sunlight and high-floor

    Dylan Hoffman Compass

    Section Image
  • 315 Gates Ave Unit 2-E, Brooklyn, NY 11216

    $1,195,000

    • 2 Beds
    • 2 Baths
    • 315 Gates Ave
    • Unit 2-E
    • Brooklyn, NY

    Welcome to 315 Gates Avenue - a thoughtfully designed residence where curated style meets effortless luxury, complete with your own deeded parking spot and private storage unit. This expansive two-bedroom, two-bath home is bathed in natural light and loaded with high-end upgrades, offering a lifestyle that's both elevated and easy. Step inside through a wide entry foyer with a walk-in

    Abigail Palanca Serhant

    Section Image
  • 315 Gates Ave Unit 3, Brooklyn, NY 11216

    $1,100,000

    • 2 Beds
    • 2 Baths
    • 925 Sq Ft
    • 315 Gates Ave
    • Unit 3
    • Brooklyn, NY

    Welcome to Residence 3L at 315 Gates Avenue — a sunny, pin-drop quiet, and stylishly appointed 2-bedroom, 2 bathroom (and 2 balcony) condo perched on the border of Clinton Hill and Bed-Stuy. Thoughtfully designed with both functionality and elegance, this home features an expansive open kitchen equipped with stone countertops, a full pantry, ample cabinetry, and premium Fisher & Paykel stainless

    Michael Davis Compass

    Section Image
  • 10 Quincy St Unit 2 M, Brooklyn, NY 11238

    $1,325,000

    • 2 Beds
    • 2 Baths
    • 10 Quincy St
    • Unit 2 M
    • Brooklyn, NY

    Welcome to unit 2M, the perfect 2-bed, 2-bath home with a sweet terrace located in the 10 Quincy Street Salvation Lofts, a rare and architecturally captivating condo loft conversion on a quiet corner in Brooklyn's beloved Clinton Hill. This home is a magnificent 2-bedroom, with soaring ceilings and oversized east-facing windows. The entirety of the unit overlooks a lush interior courtyard with

    Deborah Rieders Corcoran Group

    Section Image
See All Homes in Brooklyn

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
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

    28 Total Sales

    Andrew Weitsman
    Section Image
  • Dosta Dedic

    Seller's Agent in 2015

    Dosta Dedic

    Compass

    (347) 860-0582

    10 Total Sales

    Dosta Dedic
    Section Image
See All Agents

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

Homes for Sale in Brooklyn, NY

This home is located at 361 Franklin Ave Unit 2, Brooklyn, NY 11238 since 17 January 2024 and is currently estimated at $1,168,653, approximately $1,047 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.

RLS Data display by Homes.com LLC

Nearby Homes