NOT LISTED FOR SALE

480 Eastern Pkwy Unit 4A Brooklyn, NY 11225

Crown Heights Neighborhood

Estimated Value: $1,199,000 - $1,274,000

3 Beds
2.5 Baths
1,476 Sq Ft
$455/mo HOA Fee

Last Sold October 31, 2016

Current estimated payment $7,219/month

143 Days on Market

About This Home

As of October 2016

480 Eastern Parkway is a boutique condominium located on one of the most desirable and beautiful streets in all of Brownstone Brooklyn. Designed by Frederick Law Olmsted and Calvert Vaux in 1866 as the world?s first parkway, beginning at Grand Army Plaza and the foot of Prospect Park, Eastern Parkway is known for its grand expanses and tree lined malls. The location is just steps from the 2, 3, 4 & 5 express train lines, Prospect Park, the Brooklyn Museum, Botanical Gardens and Children's Museum. Neighborhood amenities include some of the best dining and entertainment options, such as; Chavela's, Barboncino, Mayfields and Pacifico's Fine Foods.
The Penthouse duplexes at 480 Eastern Parkway each feature three large bedrooms, a home office, two full bathrooms and an additional powder room. The master suite encompasses the entire upper level complete with en-suite windowed bathroom and large sliding glass doors that lead to a private terrace with amazing NYC and Brownstone Brooklyn skyline views. The living spaces are infused with traditional elements including custom oak kitchen cabinets, solid black granite countertops and stainless steel appliances. Natural stone tile in the bathrooms with vessel sinks and oak vanities complete the elegant look. Large windows in the living and bedrooms flood the home with natural sunlight throughout the day. With a 25 year tax abatement and extremely low monthly carrying charges this is a truly one of a kind opportunity for everything you desire in the heart of Northern Crown Heights.

Last Agent to Sell the Property

Justin Daly

Compass License #10301210617 Listed on: 04/25/2016

Compass

Co-Listed By

Binnie Robinson

Douglas Elliman Real Estate License #10301212075

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $120

Year Built

  • Built in 2007

HOA Fees

  • $455 Monthly HOA Fees

Interior Spaces

  • 1,476 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Listing and Financial Details

  • Legal Lot and Block 7501 / 1268

Community Details

Overview

  • Crown Heights Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$120

Year Built

Built in 2007

Lot Details

0

HOA Fees

$455 per month

Listing Details

  • Cross Street: Nostrand Avenue/Rogers Avenue
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: Crown Heights
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Living Area: 1476.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 3

Exterior Features

  • Patio/Porch Features: Rooftop

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 454.77
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 4
  • Year Built: 2007

Tax Info

  • Tax Block: 1268
  • Tax Lot: 7501
  • Tax Annual: 120.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2024
Sold by
Maheshwari Lata and Maheshwari Payal
Bought by
Gomez Seon and Gomez Tanya
Current Estimated Value
$1,239,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Outstanding Balance
$421,055
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$818,612

Purchase Details

Listed on
Apr 25, 2016
Closed on
Oct 4, 2016
Sold by
Eastern 480 Llc
Bought by
Maheshwari Lata and Maheshwari Payal
Seller's Agent
Justin Daly
Compass
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
Gomez Seon $1,190,000 --
Maheshwari Lata $1,040,000 --
Maheshwari Lata $1,040,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomez Seon $425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2016 10/31/16 Sold -- -- --
09/15/2016 09/15/16 Pending -- -- --
04/25/2016 04/25/16 For Sale -- -- --
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 $111 $61,849 $4,747 $57,102
2024 $111 $59,512 $4,747 $54,765
2023 $111 $54,333 $4,747 $49,586
2022 $109 $52,807 $4,747 $48,060
2021 $107 $42,953 $4,747 $38,206
2020 $107 $49,206 $4,747 $44,459
2019 $111 $44,668 $4,747 $39,921
2016 $114 $56,407 $4,747 $51,660
2015 $89 $50,786 $4,747 $46,039
2014 $89 $53,501 $4,747 $48,754
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10037212

Real Estate Board of New York (REBNY)

APN: 01268-1010