NOT LISTED FOR SALE

440 Atlantic Ave Unit PH2 Brooklyn, NY 11217

Boerum Hill Neighborhood

Estimated Value: $2,450,000 - $3,179,000

3 Beds
2 Baths
1,708 Sq Ft
$1,190/mo HOA Fee

Last Sold November 17, 2020

Last sale price $2,650,000 $1,552 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $18,588/month

46 Days on Market

Highlights

  • Rooftop Deck
  • 4-minute walk to Hoyt Street-Schermerhorn Street
  • 3,398 Sq Ft lot
  • P.S. 38 The Pacific School Rated A-
  • City View
  • 2-minute walk to North Pacific Playground

About This Home

As of November 2020

PRIVATE PENTHOUSE WITH LANDSCAPED ROOF DECK



PH2 is an impeccable and stylish three bedroom penthouse loft featuring an exquisitely designed roof deck on the top floor of the very private, boutique and acclaimed 440 Atlantic Ave Condominium. This perfectly located, show-stopping residence in the heart of Boerum Hill is sun-drenched from floor to ceiling, and picture framed windows.



Through a discreet lobby, and keyed elevator entrance, one arrives at a gracious open kitchen, dining and living-entertaining space with over 10 foot ceilings and skyline views to the west. Exposed steel frames, wide-plank oak stained hardwood floors, and a Carrera Marble large kitchen island impress upon entry. An open kitchen with breakfast bar is bathed in natural light, and features integrated stainless steel appliances, including Bosch induction cooktop, oven and Fisher-Pakel refrigerator and dishwasher, and an industrial chic fully-vented hood. Upstairs custom landscaping create a lush hideaway with pergola, built in planters, and automatic irrigation.



All 3 bedrooms have generous closet space and are filled with light and far-reaching, unobstructed views soaring over townhouses all the way to the Statue of Liberty and Verrazano Bridge in the distance. The large, corner master bedroom features an oversized California-Closets walk-in, five-fixture en-suite master bath with double trough sink, spacious shower, a deep MTI soaking tub with polished chrome Grohe fixtures. as well as heated bathroom floors. This fashionable home is both luxurious and complete with 4 zones Sonos in-wall sound including weather proof speakers on the roof deck, hand painted and Kelly Wearstler designer wallpaper, central heating and cooling, and in-unit Bosch washer and dryer.



Pet-friendly and impeccably managed, the building includes additional onsite individual and bike storage. A new modern landmark from respected Brooklyn developer, Barrett Design and Development, 440 Atlantic Avenue offers a contemporary twist on a classic loft. An elegantly display of beautiful and raw materials: cast in place concrete over painted steel deck allows for extra high ceilings and superior soundproofing.



Located in beloved and charming Boerum Hill, a convenient nexus just a few blocks in any direction to Downtown Brooklyn, Park Slope, Cobble Hill and Carroll Gardens, Brooklyn Heights, and Fort Greene. Two bridges and every subway close by provide quick and easy access to Manhattan. Shopping, dining, and entertainment options are right at your fingertips all along Atlantic Avenue and neighboring streets beyond.





Showing by Appointment Only.

Last Agent to Sell the Property

Erin Aries

Douglas Elliman Real Estate License #30AR1134386 Listed on: 06/29/2020

Douglas Elliman Real Estate

Co-Listed By

Nic Bottero

Douglas Elliman Real Estate License #30BO0938004

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,416

Year Built

  • Built in 2013

HOA Fees

  • $1,190 Monthly HOA Fees

Interior Spaces

  • 1,708 Sq Ft Home
  • City Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Additional Features

  • Terrace
  • Central Air

Listing and Financial Details

  • Tax Block 00184

Community Details

Overview

  • 8 Units
  • Boerum Hill Subdivision
  • 6-Story Property

Amenities

  • Rooftop Deck
  • Building Terrace

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,416

Year Built

Built in 2013

Lot Details

0

HOA Fees

$1,190 per month

Listing Details

  • Exposures: East,North,South,West
  • Property SubType: Loft
  • Property Type: Residential
  • Neighborhood: Boerum Hill
  • Architectural Style: Loft
  • Entry Level: 6
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 1708.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 3

Exterior Features

  • View: City, Park/Greenbelt
  • View: Yes
  • Exterior Features: Building Roof Deck
  • Patio/Porch Features: Building Terrace, Terrace

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1190.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Area: 3398.0
  • Lot Size Dimensions: 0.07 x 0.0

Building Info

  • New Construction: No
  • Units: 8
  • Total Stories: 6
  • Year Built: 2013

Tax Info

  • Tax Block: 00184
  • Tax Annual: 19416.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2020
Closed on
Nov 16, 2020
Sold by
Amari Alexandra and Rose Alexandra Amari
Bought by
Aboul-Hosn Kamal and Aboul-Hosn Fayez Randa
Seller's Agent
Erin Aries
Douglas Elliman Real Estate
List Price
$2,950,000
Sold Price
$2,650,000
Premium/Discount to List
-$300,000
-10.17%
Current Estimated Value
$2,775,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,163
Avg. Annual Appreciation
0.97%
Original Mortgage
$1,987,500
Outstanding Balance
$1,776,644
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$998,519

Purchase Details

Closed on
Feb 27, 2015
Sold by
440 Atlantic Llc
Bought by
Amari Alexandra and Rose Zachary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,760,000
Interest Rate
3.67%
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
Aboul-Hosn Kamal $2,650,000 --
Amari Alexandra $2,242,725 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aboul-Hosn Kamal $1,987,500
Previous Owner Amari Alexandra $1,760,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2020 11/17/20 Sold $2,650,000 -10.2% $1,552 / Sq Ft
08/13/2020 08/13/20 Pending -- -- --
06/27/2020 06/27/20 For Sale $2,950,000 -- $1,727 / 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 $27,325 $560,537 $23,598 $536,939
2024 $27,325 $477,152 $23,598 $453,554
2023 $25,957 $596,439 $23,598 $572,841
2022 $23,415 $586,073 $23,598 $562,475
2021 $21,195 $468,842 $23,598 $445,244
2020 $9,389 $455,189 $23,598 $431,591
2019 $19,976 $379,355 $23,598 $355,757
2018 $20,479 $248,364 $18,539 $229,825
2017 $19,105 $235,015 $20,392 $214,623
2016 $17,439 $217,607 $23,598 $194,009
2015 -- $102,521 $23,598 $78,923
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10842648

Real Estate Board of New York (REBNY)

APN: 00184-1209