NOT LISTED FOR SALE

398 Franklin Ave Unit 2 Brooklyn, NY 11238

Bed-Stuy Neighborhood

Estimated Value: $1,458,000 - $1,752,000

4 Beds
3 Baths
1,404 Sq Ft
$534/mo HOA Fee

Last Sold January 19, 2016

Last sale price $1,225,000 $873 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $9,535/month

2,663 Days on Market

Highlights

  • Pre War Building
  • 5-minute walk to Franklin Avenue (A,C,S Line)
  • Entrance Foyer
  • Intercom

About This Home

As of January 2016

Unit 2 at 398 Franklin Avenue is truly one-of-a-kind. Situated on a tree-lined block at the border of Clinton Hill and Bedford Stuyvesant, this 4 bedroom/3 full bathroom triplex has been completely redone and includes a stunning private roof deck with outdoor shower. Having undergone an extensive renovation, unit 2 is a 1404 square foot thoughtfully designed triplex apartment. One flight up from the parlor level, enter into your bright and airy living and dining room with working gas fireplace. White oak floors throughout, exposed brick and recessed lighting on dimmers create a warm and comfortable home. The gorgeous, windowed kitchen features stone countertops and a Bosch appliance package. The bedroom on this level functions perfectly as a home office or 4th bedroom if needed. The second level features 3 well-portioned bedrooms and 2 additional full bathrooms. The master bedroom faces the front of the building and has a lovely, peaceful view of the treetops. The master bathroom is spacious and offers a deep soaking tub. A sophisticated, floating staircase leads to the icing on the cake, your own stunning 650 square foot private roof deck. Aztec decking with an outdoor shower, pergola, new fences and BBQ area make this the perfect outdoor entertaining area or private retreat. Apartment amenities/upgrades include: Nest temperature control throughout, electric towel heaters in the bathrooms with Duravit and Porcelanosa fixtures, vented out LG washer/dryer, Hydraulic heating, brand new hot water heater, new sleek radiators, two skylights and 350 square feet of private storage. With extremely low common charges and taxes, we welcome you to make 398 Franklin your new home. Clinton Hill and Bedford Stuyvesant is an ideal neighborhood to call home with its proximity to parks and amenities. Surrounded by the classic beauty of brownstone Brooklyn and the energy of a culturally diverse community with superb dining, craft cocktail joints, homemade marketplaces, and destination hangouts. Local favorites include Calaca, Locanda Vini e Olii, Stone Fruit, Pilar, Corner Grind, Speedy Romeo, Mixtape, Doris, Black Swan, and Clementine Bakery. Convenient public transportation is easily accessible with the C and G train nearby.

Last Agent to Sell the Property

Esther Patten

Compass License #10401237899 Listed on: 06/16/2020

Compass

Co-Listed By

Yuval Vidal

Compass License #30VI1008300

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,552

Year Built

  • Built in 1899

Lot Details

  • 1,568

HOA Fees

  • $534 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 4th floor

Interior Spaces

  • 1,404 Sq Ft Home
  • 4-Story Property
  • Entrance Foyer
  • Intercom

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Community Details

  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Legal Lot and Block 42 / 1985

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,552

Year Built

Built in 1899

Lot Details

0

HOA Fees

$534 per month

Listing Details

  • Cross Street: Gates Avenue/Monroe Street
  • Exposures: East,West
  • Property SubType: Triplex
  • Property Type: Residential
  • Neighborhood: Bedford Stuyvesant
  • Architectural Style: Prewar
  • Entry Level: 4
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Features: Dining Area, Entrance Foyer
  • Appliances: Dryer, Washer
  • Equipment (Other): Intercom
  • Living Area: 1404.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 4

Exterior Features

  • Patio/Porch Features: Rooftop

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 534.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 4
  • Year Built: 1899

Tax Info

  • Tax Block: 1985
  • Tax Lot: 42
  • Tax Annual: 3552.0

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2020
Sold by
Duque Francisco A and Pacheco Joana I
Bought by
Andreina Carrillo and Codega Daniele
Current Estimated Value
$1,620,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,241,250
Outstanding Balance
$1,102,013
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$518,349

Purchase Details

Listed on
Jun 16, 2020
Closed on
Jan 19, 2016
Sold by
Candela Isabel
Bought by
Duque Francisco A and Pacheco Joana Isabel Pires
Seller's Agent
Esther Patten
Compass
List Price
$1,225,000
Sold Price
$1,225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.90%
Original Mortgage
$980,000
Interest Rate
3.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 2009
Sold by
396-400 Franklin Condo Llc
Bought by
Candela Isabel and Kuhnel Jorg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Andreina Carrillo $1,655,000 --
Duque Francisco A $1,225,000 --
Candela Isabel $640,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andreina Carrillo $1,241,250
Previous Owner Duque Francisco A $980,000
Previous Owner Candela Isabel $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2020 09/09/20 Pending -- -- --
01/19/2016 01/19/16 Sold $1,225,000 0.0% $873 / Sq Ft
10/03/2008 10/03/08 For Sale $1,225,000 -- $873 / 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 $6,241 $130,549 $10,210 $120,339
2024 $6,241 $108,773 $10,210 $98,563
2023 $6,124 $90,644 $10,210 $80,434
2022 $5,918 $89,085 $10,210 $78,875
2021 $5,494 $71,206 $10,210 $60,996
2020 $2,501 $69,133 $10,210 $58,923
2019 $4,843 $57,614 $10,210 $47,404
2018 $4,884 $38,400 $8,166 $30,234
2017 $4,733 $37,210 $8,911 $28,299
2016 $4,442 $34,454 $9,136 $25,318
2015 $4,055 $31,902 $10,143 $21,759
2014 $4,055 $29,539 $10,210 $19,329
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10023658

Real Estate Board of New York (REBNY)

APN: 01985-1102