NOT LISTED FOR SALE

401 Rutland Rd Unit 5D Proslefr, NY 11203

East Flatbush Neighborhood

Estimated Value: $528,663 - $578,000

1 Bed
1 Bath
526 Sq Ft
$547/mo HOA Fee

Last Sold October 22, 2021

Last sale price $636,406 $1,210 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $3,458/month

190 Days on Market

Highlights

  • New Construction
  • Balcony
  • Laundry Facilities
  • Rooftop Deck
  • Central Air

About This Home

As of October 2021

15 YEAR 421-A tax abatement





All Open Houses are by appointment only







Please ask us about lending products that could help with your downpayment and closing costs.







Welcome to The Rutland, a gorgeous new collection of studio through two-bedroom condominium homes in Prospect Lefferts Gardens.







Residence 5D is a sunfilled 526 sqft one-bedroom apartment with a 20 sqft private balcony designed by the prolific and beloved architect Karl Fischer. This building offers a trendy, modern lifestyle in a historic neighborhood famed for its townhouses and tree-lined blocks. All homes in The Rutland offer oversized windows, 7 inch white oak floors, central AC, solid core doors, chic modern kitchens with Samsung & Bosch appliances, quartz counters, and custom cabinetry. Most units feature private balconies. The building offers parking, laundry, private gym, virtual doorman, storage, and bike storage. A 15-year tax abatement makes these homes even more attractive.







Located on one of the most desirable streets in Prospect Lefferts Gardens, The Rutland is in a neighborhood once referred to by the NY Times as "Brooklyn's best-kept secret". It has emerged in recent years as one of the most rapidly appreciating neighborhoods in the borough. Directly next to Prospect Park, the Botanic Gardens, with some of Brooklyn's most beautiful tree-lined townhouse blocks, the comparisons to Park Slope are obvious. New gourmet markets, cafes, and restaurants are all right at your fingertips. The Q, B, 2, and 5 express trains are all less than 5 minutes from your front door making lower Manhattan 20 minutes away. Historic Flatbush Avenue is undergoing a renaissance with new dining, nightlife, and major new institutions like The Lowes Kings Theater.







The complete terms are in an offering plan available from the Sponsor (File No: CD 18-0477). Taxes advertised reflect 421A abatement.

Last Agent to Sell the Property

Curtis Charles

MNS License #10401252110 Listed on: 11/05/2020

Co-Listed By

Vicario Phillip

MNS License #40PH0996386

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $401

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 4,574

HOA Fees

  • $547 Monthly HOA Fees

Home Design

  • 526 Sq Ft Home
  • Entry on the 5th floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Balcony
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 55 / 4802

Community Details

Overview

  • Prospect Leffert Gdn Subdivision
  • 6-Story Property

Amenities

  • Rooftop Deck
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$401

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$547 per month

Listing Details

  • Cross Street: Nostrand Avenue/New York Avenue
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Prospect Leffert Gdn
  • Entry Level: 5
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Interior Features: Dining Area
  • Living Area: 526.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony, Building Roof Deck
  • Patio/Porch Features: Balcony

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: 546.82
  • 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: Yes
  • Total Stories: 6
  • Year Built: 2020

Tax Info

  • Tax Block: 4802
  • Tax Lot: 55
  • Tax Annual: 400.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2023
Sold by
Rousselle Alexander and Syeda Sarah
Bought by
Saia Salvatore
Current Estimated Value
$542,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Outstanding Balance
$396,738
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$146,178

Purchase Details

Listed on
Nov 5, 2020
Closed on
Oct 22, 2021
Sold by
Ny Lefferts Llc
Bought by
Rousselle Alexander and Syeda Sarah
Seller's Agent
Curtis Charles
MNS
List Price
$636,406
Sold Price
$636,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.96%
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
Saia Salvatore $510,000 --
Rousselle Alexander $636,406 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saia Salvatore $408,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/20/2022 04/20/22 Off Market $625,000 -- --
10/22/2021 10/22/21 Sold $636,406 +1.8% $1,210 / Sq Ft
10/07/2021 10/07/21 Sold $625,000 -1.8% $1,188 / Sq Ft View Prior Sale
09/07/2021 09/07/21 Pending -- -- --
05/14/2021 05/14/21 Pending -- -- --
11/05/2020 11/05/20 For Sale $636,406 +11.7% $1,210 / Sq Ft
10/16/2020 10/16/20 For Sale $570,000 -- $1,084 / 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 $391 $57,850 $5,015 $52,835
2024 $391 $56,005 $5,015 $50,990
2023 $391 $52,591 $5,015 $47,576
2022 $4,661 $50,937 $5,015 $45,922
2021 $5,636 $45,947 $5,015 $40,932
Source: Public Records

Agents Affiliated with this Home

  • Curtis Charles

    Seller's Agent in 2021

    Curtis Charles

    MNS

    (347) 583-7499

    14 in this area

    104 Total Sales

    Curtis Charles
    Section Image
  • Hilah Williams

    Seller's Agent in 2021

    Hilah Williams

    Douglas Elliman Real Estate

    (347) 768-1073

    2 in this area

    47 Total Sales

    Hilah Williams
    Section Image
  • Vicario Phillip

    Seller Co-Listing Agent in 2021

    Vicario Phillip

    MNS

    (212) 729-6298

    17 in this area

    43 Total Sales

    Vicario Phillip
    Section Image
  • Alexander Maroni

    Seller Co-Listing Agent in 2021

    Alexander Maroni

    Douglas Elliman Real Estate

    (917) 704-3102

    2 in this area

    210 Total Sales

    Alexander Maroni
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10718283

Real Estate Board of New York (REBNY)

APN: 04802-1044

New York Kings County Brooklyn 11203 East Flatbush

401 Rutland Rd Unit 5D, Brooklyn, NY

This home is located at 401 Rutland Rd Unit 5D, Proslefr, NY 11203 since 05 November 2020 and is currently estimated at $542,916, approximately $1,032 per square foot. This property was built in 2020. 401 Rutland Rd Unit 5D is a home located in Kings County with nearby schools including P.S. 91 The Albany Avenue School, M.S. 61 Dr. Gladstone H. Atwell Middle School, and St. Francis of Assisi Catholic Academy.

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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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