NOT LISTED FOR SALE

420 Classon Ave Unit 2B Brooklyn, NY 11238

Clinton Hill Neighborhood

Estimated Value: $1,172,000 - $1,295,844

2 Beds
1 Bath
-- Sq Ft
$516/mo HOA Fee

Last Sold August 28, 2023

Last sale price $1,150,000

Est. 9% increase in value since last sale

Current estimated payment $7,215/month

16 Days on Market

Highlights

  • Pre War Building
  • 4-minute walk to Classon Avenue
  • 3-minute walk to Cuyler Gore Park
  • Intercom

About This Home

As of August 2023

Graced with a sprawling layout, generous room sizes and plenty of natural light, apartment 2B stands proudly above a picturesque block Clinton Hill. This condo enjoys treetop and brownstone views from six over-sized, southeast facing windows. Three arched windows in the living and dining room throw off pre-war vibes and make a great focal point for the room. A windowed kitchen has freshly painted cabinets, granite countertops and stainless-steel appliances along with copious cabinet space and a legitimate pantry closet. Heading into the sleeping quarters you'll find a massive closet with ample storage. At the ends of the east-west hallway are split bedrooms, each spacious at around 150 ft with double-width closets. The bathroom in-between has been updated but matches the classic bathroom tile that was left intact. Topping it off, the apartment has its own Washer/Dryer in unit, and a dedicated 45' storage area in the basement (two floors down). Apartment 2B is one flight up from the building's recently renovated stoop.

420 Classon Ave is a beautiful pre-war condo conversion with very low common charges and an incredible 16 years remaining on a tax abatement. There are only 12 units in the pet friendly building. Living here provides easy access to neighborhood staples such as Speedy Romeos, Place de Fetes, Mekelburg's, Hart's, Leland's Eating and Drinking house and many others. The G and C trains are near to whisk you to downtown Brooklyn, Manhattan and Williamsburg. Do note, there is an ongoing $207/mo assessment in place.

Last Agent to Sell the Property

Grant Braswell

Compass License #10301213920 Listed on: 05/02/2023

Compass

Co-Listed By

Sahar Aubon

Compass License #10401315069

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1899

HOA Fees

  • $516 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 2nd floor

Interior Spaces

  • 4-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Community Details

  • Clinton Hill Subdivision

Listing and Financial Details

  • Legal Lot and Block 7501 / 1972

Property Details

Home Type

Condominium

Year Built

Built in 1899

Lot Details

0

HOA Fees

$516 per month

Listing Details

  • Cross Street: Quincy Street/Lexington Avenue
  • Exposures: East,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Clinton Hill
  • Architectural Style: Prewar
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

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

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 2

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 516.0
  • 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: 1972
  • Tax Lot: 7501

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2023
Closed on
Aug 28, 2023
Sold by
Oguz Reynoldson Barcin and Reynoldson Pierce
Bought by
Kensil Sean
Seller's Agent
Grant Braswell
Compass
List Price
$1,135,000
Sold Price
$1,150,000
Premium/Discount to List
$15,000
1.32%
Views
39
Current Estimated Value
$1,258,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,211
Avg. Annual Appreciation
4.02%
Original Mortgage
$750,000
Outstanding Balance
$732,175
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$526,036

Purchase Details

Closed on
Jul 25, 2017
Sold by
Gardner Hillary Jan and Labrusciano Peter
Bought by
Reynoldson Barcin Oguz and Reynoldson Pierce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$716,000
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 2009
Sold by
Pacc Community Homes Hdfc and % Pratt Area Community Council Inc 20
Bought by
Gardner Hillary Jan and Labrusciano Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,946
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Kensil Sean $1,150,000 --
Kensil Sean $1,150,000 --
Kensil Sean $1,150,000 --
Reynoldson Barcin Oguz $895,000 --
Reynoldson Barcin Oguz $895,000 --
Reynoldson Barcin Oguz $895,000 --
Gardner Hillary Jan $269,940 --
Gardner Hillary Jan $269,940 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kensil Sean $750,000
Closed Kensil Sean $750,000
Previous Owner Reynoldson Barcin Oguz $716,000
Previous Owner Gardner Hillary Jan $242,946
Closed Gardner Hillary Jan $136,774
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2023 08/28/23 Sold $1,150,000 +1.3% --
05/25/2023 05/25/23 Pending -- -- --
05/08/2023 05/08/23 For Sale $1,135,000 -- --
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 $1,287 $82,725 $7,909 $74,816
2024 $1,287 $81,499 $7,909 $73,590
2023 $1,287 $71,613 $7,909 $63,704
2022 $1,263 $68,252 $7,909 $60,343
2021 $1,263 $64,298 $7,909 $56,389
2020 $0 $62,439 $7,909 $54,530
2019 $0 $57,931 $7,909 $50,022
2018 $1,309 $58,801 $7,909 $50,892
2017 $1,309 $58,406 $7,909 $50,497
2016 $1,188 $52,237 $7,909 $44,328
2015 -- $45,831 $7,909 $37,922
2014 -- $41,758 $7,909 $33,849
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10887272

Real Estate Board of New York (REBNY)

APN: 01972-1008