Seller's Agent in 2023
Alex Gandelman
Compass
(718) 637-3191
3 in this area
40 Total Sales
48 Box St Unit 3 Brooklyn, NY 11222
Greenpoint NeighborhoodEstimated Value: $1,212,000 - $1,449,000
2
Beds
1
Bath
1,002
Sq Ft
$515/mo
HOA Fee
Highlights
- Balcony
- PS 31 Samuel F Dupont Rated A
- Central Air
About This Home
As of March 2023* OPEN HOUSE by appointment only
48 Box Street #3 is a two-bedroom full floor loft like apartment with both north and south exposures. Upon entry from the well appointed lobby designed by ASH NYC, one is greeted with an expansive living room upon entry by way of a direct elevator.
Adjacent to the living room is a dining area, a front balcony, along with an open and windowed kitchen. The kitchen features custom white cabinetry, granite countertops, GE Profile suite of stainless steel appliances including a french door refrigerator, dishwasher, microwave, and range with a fully vented hood.
Both bedrooms offer a sunny southern exposure and both have sliding glass doors which access a spacious rear balcony. The primary bedroom closet has been expanded by the current owners into a walk in closet.
48 Box Street is a 6 unit condominium with 5 years remaining on the 421a tax abatement and a fitness room. Purchase includes a large private storage room. Nearby transportation includes the G and 7 trains, LIRR, Long Island Expressway, Queens Midtown Tunnel, and NYC Ferry.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,604
Year Built
- Built in 2007
Lot Details
- 2,483
HOA Fees
- $515 Monthly HOA Fees
Home Design
- 1,002 Sq Ft Home
- Entry on the 3rd floor
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Additional Features
- Balcony
- Central Air
Community Details
- Greenpoint Subdivision
- 6-Story Property
Listing and Financial Details
- Legal Lot and Block 13 / 2483
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 22, 2022
Closed on
Mar 13, 2023
Sold by
Fahey Rachel and Fahey Scott
Bought by
Cho Yong Eun and Kim Kwang Bok
Seller's Agent
Alex Gandelman
Compass
List Price
$1,300,000
Sold Price
$1,137,500
Premium/Discount to List
-$162,500
-12.5%
Views
9
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,564
Avg. Annual Appreciation
6.87%
Original Mortgage
$490,000
Outstanding Balance
$474,589
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$875,475
Purchase Details
Closed on
Nov 4, 2019
Sold by
Fahey Scott and Racanelli Rachel
Bought by
Fahey Rachel and Fahey Scott
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 7, 2013
Sold by
Hm Ventures Group Llc
Bought by
Fahey Scott and Racanelli Rachel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,000
Interest Rate
4.34%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cho Yong Eun | $1,137,500 | -- | |
| Fahey Rachel | -- | -- | |
| Fahey Scott | $666,954 | -- | |
| Fahey Scott | $666,954 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cho Yong Eun | $490,000 | |
| Previous Owner | Fahey Rachel | $675,000 | |
| Previous Owner | Fahey Scott | $524,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/23/2023 03/23/23 | Sold | $1,137,500 | -5.2% | $1,135 / Sq Ft |
| 12/20/2022 12/20/22 | Pending | -- | -- | -- |
| 10/03/2022 10/03/22 | Price Changed | $1,200,000 | -4.0% | $1,198 / Sq Ft |
| 09/13/2022 09/13/22 | Price Changed | $1,250,000 | -3.8% | $1,248 / Sq Ft |
| 07/22/2022 07/22/22 | For Sale | $1,300,000 | 0.0% | $1,297 / Sq Ft |
| 12/07/2020 12/07/20 | Rented | -- | -- | -- |
| 10/08/2020 10/08/20 | For Rent | -- | -- | -- |
| 12/06/2018 12/06/18 | Rented | -- | -- | -- |
| 11/06/2018 11/06/18 | Under Contract | -- | -- | -- |
| 04/24/2018 04/24/18 | For Rent | $3,900 | -- | -- |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
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 | $6,250 | $147,239 | $8,531 | $138,708 |
| 2024 | $6,250 | $122,719 | $8,531 | $114,188 |
| 2023 | $4,402 | $102,266 | $8,531 | $93,735 |
| 2022 | $2,606 | $100,506 | $8,531 | $91,975 |
| 2021 | $693 | $97,834 | $8,531 | $89,303 |
| 2020 | $463 | $107,089 | $8,531 | $98,558 |
| 2019 | $968 | $96,464 | $8,531 | $87,933 |
| 2018 | $976 | $60,152 | $5,298 | $54,854 |
| 2017 | $976 | $58,286 | $5,969 | $52,317 |
| 2016 | $990 | $53,969 | $6,911 | $47,058 |
| 2015 | -- | $49,972 | $7,676 | $42,296 |
| 2014 | -- | $46,271 | $8,530 | $37,741 |
Source: Public Records
Agents Affiliated with this Home
-
Alex Gandelman
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10836244
APN: 02483-1003
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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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