NOT LISTED FOR SALE

40 Lexington Ave Unit 2B Brooklyn, NY 11238

Clinton Hill Neighborhood

Estimated Value: $1,189,000 - $1,668,000

2 Beds
2 Baths
1,023 Sq Ft
$155/mo HOA Fee

Last Sold October 24, 2019

Last sale price $1,225,000 $1,197 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $8,600/month

196 Days on Market

Highlights

  • New Construction
  • 4-minute walk to Classon Avenue
  • Laundry Facilities
  • Intercom
  • Central Air
  • 2-minute walk to Cuyler Gore Park

About This Home

As of October 2019

40 Lexington Avenue, #2B is an elegant 1,023 square foot two bedroom, two bathroom home that boasts 10' tall ceilings, stunning oak floors, dramatic floor to ceiling windows and a private entrance. The striking designer kitchen has top of the line appliances including a Smeg five burner stove and a Liebherr extra tall refrigerator. There is a long Carrera marble breakfast counter as well as a large Carrera marble island that opens to your spacious living room which makes entertaining easy. The living room receives an abundance of sunlight from the floor to ceiling windows and also features a gas fireplace with Carrera marble accents. The spacious master bedroom has a gorgeous en-suite bathroom with duel sinks and large closet. The second spacious bedroom has oversized windows and ample closet space. In addition this home has central air, washer/dryer hook-up and a private storage room. 38-44 Lexington Avenue is a stately twelve unit new development located in historic Clinton Hill. This impressive building is comprised of two bedroom homes, two bedroom garden duplex homes with rec rooms and private yards and three bedroom duplex penthouses with two private roof top terraces. Each carefully designed home has its own private entrance and is outfitted with striking hardwood oak floors, oversized floor to ceiling widows, designer kitchen and bathrooms, gas fireplace, washer/dryer hook-up, high ceilings and private storage. Dont miss the opportunity to be a part of Clinton Hills newest and most exciting new development opportunity!The complete offering terms are in an offering plan available from Sponsor. File No. CD# 160274. Co-Sponsors: 38 Lexington Avenue LLC, 2977 Avenue S, Brooklyn, NY 11229 & Kelly Six Star LLC, 974 East 18th Street, Brooklyn, NY 11230. Equal Housing Opportunity.

Last Agent to Sell the Property

Kelly Neinast

Corcoran Group License #10301200640 Listed on: 03/11/2019

Corcoran Group

Co-Listed By

Kristin Neinast O'Brien

Corcoran Group License #40NE1044501

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,952

Year Built

  • Built in 2019 | New Construction

HOA Fees

  • $155 Monthly HOA Fees

Interior Spaces

  • 1,023 Sq Ft Home
  • 3-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air

Listing and Financial Details

  • Tax Block 1969

Community Details

Overview

  • 3 Units
  • Clinton Hill Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,952

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$155 per month

Listing Details

  • Cross Street: Classon Avenue & Grand Avenue
  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Clinton Hill
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Equipment (Other): Intercom
  • Living Area: 1023.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 155.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Units: 3
  • Total Stories: 3
  • Year Built: 2019

Tax Info

  • Tax Block: 1969
  • Tax Annual: 2952.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2019
Closed on
Oct 24, 2019
Sold by
Kelly Six Star Llc
Bought by
Rall Eric and Rall Melissa Ballenger
Seller's Agent
Kelly Neinast
Corcoran Group
List Price
$1,225,000
Sold Price
$1,225,000
Current Estimated Value
$1,385,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,341
Avg. Annual Appreciation
2.13%
Original Mortgage
$1,041,250
Outstanding Balance
$918,012
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$467,329
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
Rall Eric $1,225,000 --
Rall Eric $1,225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rall Eric $1,041,250
Closed Rall Eric $1,041,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2019 10/24/19 Sold $1,225,000 0.0% $1,197 / Sq Ft
09/24/2019 09/24/19 Pending -- -- --
03/11/2019 03/11/19 For Sale $1,225,000 -- $1,197 / 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 $10,768 $91,160 $28,856 $62,304
2024 $10,768 $89,775 $28,856 $60,919
2023 $7,680 $96,649 $28,856 $67,793
2022 $6,263 $80,387 $28,856 $51,531
2021 $4,967 $83,080 $28,856 $54,224
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10567934

Real Estate Board of New York (REBNY)

APN: 01969-1405