NOT LISTED FOR SALE

Estimated Value: $1,188,000 - $1,605,000

2 Beds
2 Baths
1,151 Sq Ft
$396/mo HOA Fee

Last Sold September 01, 2022

Last sale price $1,395,000 $1,212 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $8,566/month

28 Days on Market

Highlights

  • Rooftop Deck
  • Balcony
  • Central Air

About This Home

As of September 2022

DO NOT SIGN UP ONLINE. SHOWING BY OH APPOINTMENT ONLY.

Welcome home! Graced with a luxurious combination of natural light and high-end finishes, Unit 3 is a true 2-bedroom, 2-bathroom condo embedded within Bed-Stuys finest boutique condominium building to date. Features of this near 23-ft. wide apartment include over 1,150 sq. ft. of pristine living space, 4-inch select oak hardwood floors, northern and southern exposure, a private balcony, central heat/air, an in- unit washer/dryer, a deeded storage unit, a Nest system, surround sound, smart wiring, and access to a shared north facing rooftop space.

Past a closeted entryway, the home expands into an open-concept living room, dining room, and kitchen. The living and dining room are anchored by a pair of massive triple-pane Pella ProLine windows that quietly overlook Gates Avenue. The kitchen is equipped with an eat-in peninsula, white quartz marble countertops, self-closing white shaker cabinetry, and a suite of top-line stainless steel appliances from Bertazzoni, Bosch, and Fisher & Paykel.

In the back of the home are the oversized bedrooms and two immaculate bathrooms. The primary bedroom which easily fits a king-size bed boasts a customized walk-through closet, access to the homes large private south-facing balcony, and an en-suite bathroom that features radiant heated flooring, marble tile, dual-vanity sinks, and a deep soaking Kohler tub. The second bedroom possesses its own large closet and sits adjacent to a beautiful full bathroom that has a large vanity, subway tiled walls, a marble herringbone floor, and a spacious walk-in shower.

368 Gates Avenue is a boutique, 4-unit condominium located in Bedford- Stuyvesant on the border of Clinton Hill. Situated between the trendy strips of Bedford and Nostrand Avenues, the building is only a few blocks away from the A, C, and G lines and is surrounded by a multitude of restaurants, cafes, and bars. Each unit within the building comes with a large deeded storage unit and has access to a north- facing roof deck that possesses views of Brooklyn and Manhattan.

Last Agent to Sell the Property

James Hayes II

Serhant License #10401229618 Listed on: 06/15/2022

Serhant

Co-Listed By

Steven Marvin

Nest Seekers LLC License #10401333527

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,048

Year Built

  • Built in 2016

Lot Details

  • 2,483

HOA Fees

  • $396 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor

Interior Spaces

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Additional Features

  • Balcony
  • Central Air

Listing and Financial Details

  • Tax Block 01812

Community Details

Overview

  • 4 Units
  • Bed Stuy Subdivision

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,048

Year Built

Built in 2016

Lot Details

0

HOA Fees

$396 per month

Listing Details

  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Bed Stuy
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, 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, Building Roof Deck
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 396.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Area: 2500.0
  • Lot Size Dimensions: 25.0 x 100.0

Building Info

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

Tax Info

  • Tax Block: 01812
  • Tax Annual: 9048.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Sep 1, 2022
Sold by
Dang Kathy and Gorman Jonathon
Bought by
Morrissey Erin
Seller's Agent
James Hayes II
Serhant
List Price
$1,395,000
Sold Price
$1,395,000
Views
1
Current Estimated Value
$1,377,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,681
Avg. Annual Appreciation
-0.38%

Purchase Details

Closed on
Aug 3, 2017
Sold by
368 Gates Ave Llc
Bought by
Dang Kathy and Gorman Jonathon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$871,250
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Morrissey Erin $1,395,000 --
Dang Kathy $1,120,075 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dang Kathy $871,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2022 09/01/22 Sold $1,395,000 0.0% $1,212 / Sq Ft
07/14/2022 07/14/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $1,395,000 -- $1,212 / 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 $12,470 $164,247 $29,295 $134,952
2024 $12,470 $156,631 $29,295 $127,336
2023 $9,347 $134,073 $29,295 $104,778
2022 $9,322 $131,730 $29,295 $102,435
2021 $9,057 $105,364 $29,295 $76,069
2020 $8,527 $102,337 $29,295 $73,042
2019 $7,983 $85,252 $29,295 $55,957
2018 $0 $71,043 $29,295 $41,748
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10853340

Real Estate Board of New York (REBNY)

APN: 01812-1103