NOT LISTED FOR SALE

475 Sterling Place Unit 5A Brooklyn, NY 11238

Prospect Heights Neighborhood

Estimated Value: $1,258,582 - $1,440,000

2 Beds
2 Baths
1,146 Sq Ft
$800/mo HOA Fee

Last Sold July 12, 2021

Last sale price $1,500,000 $1,309 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $8,177/month

37 Days on Market

Highlights

  • River View
  • 5-minute walk to Park Place (S Line)
  • 1-minute walk to Stroud Playground
  • Terrace
  • Laundry Facilities

About This Home

As of July 2021

Sunlight fills this South-facing Penthouse level 2 Bedroom 2 Bath condo + private OUTDOOR space + in-unit Washer / Dryer + private storage unit + available deeded Private Parking. 

Oversized floor-to-ceiling windows grace this amazing home.  As you walk in, you're greeted by the open concept kitchen that overlooks the built-in dining area and spacious living room, with expansive views of Brooklyn skyline and the Brooklyn Museum.  The private outdoor space is accessible from the living room and opens up to face south as well.

As you walk through the apartment, you find hardwood floors throughout and an incredible amount of storage.  All the rooms face south for all-day sunlight.  The bathrooms have been tastefully renovated.  The master bedroom is spacious enough for a king size bed and a standard five-piece furniture set.  It has a fantastic walk-in closet and the renovated en-suite bathroom.

475 Sterling Place is ideally located at the border of Prospect Heights & Crown Heights.   Local cachet comes from the Brooklyn Museum, The Brooklyn Botanical Gardens, the Brooklyn Library, Prospect Park, the Farmer's Market, and all the restaurants, bars, coffee shops of the neighborhood.



The 45 unit elevator condominium has a part-time doorman and full-time superintendent.  Amenities include a private gym, playroom, private playground and furnished roof deck with southern Brooklyn views.  The 421a tax abatement goes until June 2034.  The unit comes with deeded storage.  It  can also come with the deeded private parking space.  Monthly common charges includes WiFi ($44.75) and Parking ($34.87) fees.  Located nearby the 2/3/4/5/S trains and a Citibike station around the corner to add to you travel options.

Last Agent to Sell the Property

Jsun Laliberte

Douglas Elliman Real Estate License #10301216725 Listed on: 03/28/2021

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $804

Year Built

  • Built in 2008

HOA Fees

  • $800 Monthly HOA Fees

Property Views

  • River
  • City

Home Design

  • 1,146 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Terrace
  • No Cooling

Community Details

Overview

  • Crownhei Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$804

Year Built

Built in 2008

Lot Details

0

HOA Fees

$800 per month

Listing Details

  • Cross Street: Washington
  • Exposures: East,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: CROWNHEI
  • Entry Level: 5
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Living Area: 1146.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Exterior Features

  • View: City, River
  • View: Yes
  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 800.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Year Built: 2008

Tax Info

  • Tax Block: 0
  • Tax Annual: 804.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2021
Closed on
Jul 12, 2021
Sold by
Mark Andrew D and Mark Kathleen M
Bought by
Delucia Michael and Medeiros De Toledo
Seller's Agent
Jsun Laliberte
Douglas Elliman Real Estate
List Price
$1,500,000
Sold Price
$1,500,000
Current Estimated Value
$1,351,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$148,104
Avg. Annual Appreciation
-2.47%
Original Mortgage
$1,188,000
Outstanding Balance
$1,083,539
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$268,357

Purchase Details

Closed on
Dec 18, 2008
Sold by
469 Sterling Place Llc and % Cpc Resources Inc
Bought by
Mark Andrew D and Mark Kathleen M
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
Delucia Michael $1,485,000 --
Mark Andrew D $683,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delucia Michael $1,188,000
Previous Owner Mark Andrew D $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2021 07/12/21 Sold $1,500,000 0.0% $1,309 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $1,500,000 -- $1,309 / 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 $820 $97,972 $5,122 $92,850
2024 $820 $96,624 $5,122 $91,502
2023 $804 $85,245 $5,122 $80,123
2022 $802 $88,105 $5,122 $82,983
2021 $791 $64,380 $5,122 $59,258
2020 $812 $72,649 $5,122 $67,527
2019 $820 $72,331 $5,122 $67,209
2018 $834 $66,886 $5,123 $61,763
2017 $834 $62,640 $5,123 $57,517
2016 $845 $57,428 $5,123 $52,305
2015 $661 $50,273 $5,122 $45,151
2014 $661 $41,930 $5,123 $36,807
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10707028

Real Estate Board of New York (REBNY)

APN: 01167-1039