NOT LISTED FOR SALE

400 Franklin Ave Unit 4 Brooklyn, NY 11238

Bed-Stuy Neighborhood

Estimated Value: $755,781 - $1,020,000

1 Bed
1 Bath
646 Sq Ft
1,568 Sq Ft Lot

Last Sold May 10, 2017

Last sale price $625,000 $967 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,704/month

Highlights

  • Pre War Building
  • 5-minute walk to Franklin Avenue (A,C,S Line)
  • Laundry Facilities
  • Balcony
  • Garden

About This Home

As of June 2017

Enter into your Private Tree-Top Penthouse at Franklin Garden Condominiums bordering Clinton Hill and Bed-Stuy.
This large, open layout 1 Bedroom/1 Bath with BRAND NEW Stainless steel Kitchen appliances and two private outdoor spaces boasts soaring 11' ceilings, A/C, and its own heating and hot water system. Perched in the trees, this Penthouse features: bamboo floors throughout, updated bathroom with new vanity, your own Jacuzzi Tub, in unit Washer and Dryer, and ABUNDANT storage. Optional Security at renters cost.
Easy access to the C and G train making commuting to Downtown Brooklyn or Manhattan a breeze as well as access to the Franklin S shuttle. Neighborhood amenities include: Blink Fitness, Atlas Wine, Lucha Lucha, Quincy Market, Sacred Yoga, Stonefruit Espresso + Kitchen, and Cinnamon Girl. Shared roof top and ground-floor garden provide additional options to sit back relax and unwind after a long day.Additional storage in cellar.

Last Agent to Rent the Property

Mathew Krem

Corcoran Group License #10301218989 Listed on: 05/08/2017

Corcoran Group

Co-Listed By

Jessica Peters

Douglas Elliman Real Estate License #10301209015

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $243

Year Built

  • 2008

Lot Details

  • 1,568

Home Design

  • Pre War Building
  • Entry on the 4th floor

Interior Spaces

  • 646 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Balcony
  • Garden
  • No Cooling

Listing and Financial Details

  • Property Available on 5/8/17

Community Details

Overview

  • Franklin Gardens Co Condos
  • Clinthl Subdivision

Amenities

  • Laundry Facilities

Condo Details

Home Type

Condominium

Est. Annual Taxes

$243

Year Built

2008

Lot Details

0

Rental Info

  • Available Date: 2017-05-08

Listing Details

  • Exposures: East,West
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: CLINTHL
  • Architectural Style: Prewar
  • Entry Level: 4
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Built: 2008

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 646.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: No

Condo/Co-op/Association

  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Building Name: FRANKLIN GARDENS CO
  • Total Stories: 4

Tax Info

  • Tax Block: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2016
Closed on
Mar 31, 2017
Sold by
Mills Alexander G
Bought by
Leung Janice C
List Price
$625,000
Sold Price
$625,000
Current Estimated Value
$892,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,945
Avg. Annual Appreciation
4.30%
Original Mortgage
$437,500
Outstanding Balance
$362,964
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$529,981

Purchase Details

Closed on
Aug 17, 2010
Sold by
396-400 Franklin Condo Llc
Bought by
Mills Alexander G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,200
Interest Rate
4.57%
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
Leung Janice C $625,000 --
Mills Alexander G $338,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leung Janice C $437,500
Previous Owner Mills Alexander G $304,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2017 06/27/17 Rented -- -- --
05/28/2017 05/28/17 Under Contract -- -- --
05/10/2017 05/10/17 Sold $625,000 0.0% $967 / Sq Ft View Prior Sale
05/09/2017 05/09/17 For Rent $2,850 0.0% --
02/16/2017 02/16/17 Pending -- -- --
12/16/2016 12/16/16 For Sale $625,000 -- $967 / 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 $243 $66,104 $5,170 $60,934
2024 $243 $55,077 $5,170 $49,907
2023 $239 $45,898 $5,170 $40,728
2022 $238 $45,108 $5,170 $39,938
2021 $239 $36,055 $5,170 $30,885
2020 $117 $35,005 $5,170 $29,835
2019 $245 $29,173 $5,170 $24,003
2018 $247 $19,444 $4,135 $15,309
2017 $247 $18,840 $4,512 $14,328
2016 $251 $17,445 $4,626 $12,819
2015 $196 $16,153 $5,136 $11,017
2014 $196 $14,957 $5,170 $9,787
Source: Public Records

Agents Affiliated with this Home

  • Mathew Krem

    Landlord's Agent in 2017

    Mathew Krem

    Corcoran Group

    (718) 486-4421

    2 in this area

    9 Total Sales

    Mathew Krem
    Section Image
  • Jessica Peters

    Landlord's Co-Listing Agent in 2017

    Jessica Peters

    Douglas Elliman Real Estate

    (718) 486-4429

    71 in this area

    340 Total Sales

    Jessica Peters
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10227646

Real Estate Board of New York (REBNY)

APN: 01985-1204

New York Kings County Brooklyn 11216 Bed-Stuy

400 Franklin Ave Unit 4, Brooklyn, NY

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