NOT LISTED FOR SALE

Estimated Value: $1,244,000 - $1,483,000

2 Beds
2 Baths
1,151 Sq Ft
2,483 Sq Ft Lot Lot

Sale Details

Date Sold: September 28, 2022

Last sale price $1,290,000 $1,121 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $8,740 / mo

35 Days on Market

About This Home

As of September 2022

Welcome to 368 Gates Avenue in prime BedStuy, a boutique condominium located on the border with Clinton Hill. Just listed for resale, residence #2 is a 2-bedroom, 2 full bath floor-through condo, just one flight up, with private BALCONY, a individual STORAGE room in the basement (approx. 6'5"x10'), north and south exposures with natural light flooding each room, and shared ROOF DECK with outstanding Brooklyn and rooftop views. - ALL SHOWINGS ARE BY APPOINTMENT IN ADVANCE ONLY.

The open living and dining room is an exceptional 23' wide, the condo has 1,151 SF of interior space, 36 SF of private outdoors, oak hardwood floors throughout, Nest-controlled central HVAC, Sonos surround sound, 9' ceilings, stacked high-capacity vented washer and dryer in the unit, and a wall of oversized triple-pane Pella ProLine windows. The open chef's kitchen includes all stainless appliances: Bertazzoni range and vented hood, Fisher & Paykel refrigerator, built-in Bosch dishwasher, GE microwave, deep stainless sink, Caesarstone countertop and island, plus white marble tiled backsplash. The primary bedroom easily fits a king-size bed, boasts a private balcony overlooking park-like gardens in the backyard, features a large walk-in closet that leads to the primary en suite bathroom with double-sink vanity, Carrara Porcelanosa tile, Duravit wall-hung toilet and deep Kohler soaking tub. The second bedroom also facing the garden is large enough for a king bed, has ample closet space, and is located right next to the 2nd full bathroom with glass-enclosed standing shower, herringbone marble floors, and Duravit toilet plus ample cabinet storage and counterspace.

368 Gates Avenue Condo first launched in 2017, is an 4-unit four story condominium, located between Bedford and Nostrand Avenues with notable local bars, restaurants, cafes and services less than a block away. The condo is minutes from numerous subway lines including: G (Bedford-Nostrand and Classon), C, S (Franklin Ave), and A Express plus C (Nostrand/Fulton) for a quick 35-minute commute to midtown Manhattan.

Last Agent to Sell the Property

Bruce Henderson

Corcoran Group License #10301213331 Listed on: 05/09/2022

Corcoran Group

Co-Listed By

Mikhail Shusterman

Corcoran Group License #10401332427

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,472

Year Built

  • Built in 2016

Lot Details

  • 2,483

HOA Fees

  • $372 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,151 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Community Details

  • 4 Units
  • Bedford Stuyvesant Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,472

Year Built

Built in 2016

Lot Details

2,483 Sq Ft Lot

HOA Fees

$372 per month

Listing Details

  • Cross Street: BEDFORD AVENUE and NOSTRAND AVENUE
  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Bedford Stuyvesant
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 1151.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 372.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Units: 4
  • Total Stories: 4
  • Year Built: 2016

Tax Info

  • Tax Block: NA
  • Tax Annual: 8472.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2022
Closed on
Sep 28, 2022
Sold by
Dumond Paul
Bought by
Katter Daniel and Seidl Daniella
Seller's Agent
Bruce Henderson
Corcoran Group
List Price
$1,195,000
Sold Price
$1,290,000
Premium/Discount to List
$95,000
7.95%
Views
1
Current Estimated Value
$1,370,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,264
Avg. Annual Appreciation
1.68%
Original Mortgage
$967,500
Outstanding Balance
$914,054
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$456,210

Purchase Details

Listed on
Jan 27, 2017
Closed on
Aug 2, 2017
Sold by
368 Gates Ave Llc
Bought by
Dumond Paul
Seller's Agent
Jim Hayes
Serhant
List Price
$1,075,000
Sold Price
$1,075,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.60%
Original Mortgage
$860,000
Interest Rate
3.88%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Katter Daniel $1,290,000 --
Dumond Paul $1,094,619 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Katter Daniel $967,500
Previous Owner Dumond Paul $860,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/28/2022 09/28/22 Sold $1,290,000 +7.9% $1,121 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
05/09/2022 05/09/22 For Sale $1,195,000 +11.2% $1,038 / Sq Ft
08/02/2017 08/02/17 Sold $1,075,000 0.0% $934 / Sq Ft View Prior Sale
03/31/2017 03/31/17 Pending -- -- --
01/27/2017 01/27/17 For Sale $1,075,000 -- $934 / 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
2026 $12,634 $184,797 $27,486 $157,311
2025 $11,700 $154,105 $27,486 $126,619
2024 $11,700 $146,958 $27,486 $119,472
2023 $8,770 $125,794 $27,486 $98,308
2022 $8,747 $123,595 $27,486 $96,109
2021 $8,498 $98,858 $27,486 $71,372
2020 $8,000 $96,018 $27,486 $68,532
2019 $7,490 $79,988 $27,486 $52,502
2018 $0 $66,656 $27,486 $39,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10799862

Real Estate Board of New York (REBNY)

APN: 01812-1102

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