NOT LISTED FOR SALE

487 Lexington Ave Unit 1 Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $1,219,460 - $1,751,000

2 Beds
1 Bath
-- Sq Ft
1899 Built

About This Home

As of March 2014

This fully gut renovated 2 bedroom apt is absolutely beautiful. The apartment is located on the first floor of a three story building with newly installed hardwood floors, high end stainless steel appliances, beautiful countertops and wood cabinetry. No expense was spared with this renovation!

Close to parks, convenient shops, and access to the A, C & G trains. Owner is flexible with share use of the backyard. Call now to schedule your appointment!

Last Agent to Rent the Property

Charles Olson

Keller Williams Realty Empire License #10491204283 Listed on: 01/29/2014

Keller Williams Realty Empire

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,489

Year Built

  • 1899

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Community Details

  • Brooklyn Subdivision

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,489

Year Built

1899

Lot Details

0

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Brooklyn
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1899

Beds/Baths

  • Bathrooms Integer: 1
  • Bedrooms: 2

Condo/Co-op/Association

  • Common Interest: Condominium

Building Info

  • New Construction: No

Tax Info

  • Tax Block: NA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2013
Sold by
Ny Plus Properties Management Llc
Bought by
Diaferia Veronica and Fantini Luca
Current Estimated Value
$1,587,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$667,683
Outstanding Balance
$484,962
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,102,653

Purchase Details

Closed on
Jul 11, 2012
Sold by
Mccoy Anne
Bought by
Ny Plus Properties Management Llc and Pob 190313

Purchase Details

Closed on
Jul 2, 2012
Sold by
487 Lexington Avenue Corp
Bought by
Mccoy Anne

Purchase Details

Closed on
Jan 25, 2011
Sold by
M B Jackson Ave Llc
Bought by
487 Lexington Ave Corp

Purchase Details

Closed on
Oct 21, 2010
Sold by
Mccoy Anne
Bought by
M B Jackson Ave Llc

Purchase Details

Closed on
Feb 7, 2006
Sold by
Henderson Michael
Bought by
Mccoy Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.17%

Purchase Details

Closed on
Jun 28, 2004
Sold by
Resurrection Properties Inc and Parris Victor
Bought by
Henderson Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 1999
Sold by
Viva Development Corp
Bought by
Parris Victor and Parris Estell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,150
Interest Rate
7.81%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 11, 1999
Sold by
Cross State Development Corp
Bought by
Viva Development Corp

Purchase Details

Closed on
May 22, 1998
Sold by
Hicks Chrystal
Bought by
Cross State Development Inc
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
Diaferia Veronica $680,000 --
Diaferia Veronica $680,000 --
Ny Plus Properties Management Llc $215,000 --
Ny Plus Properties Management Llc $215,000 --
Mccoy Anne -- --
Mccoy Anne -- --
487 Lexington Ave Corp $480,000 --
487 Lexington Ave Corp $480,000 --
M B Jackson Ave Llc $480,000 --
M B Jackson Ave Llc $480,000 --
Mccoy Anne $600,000 --
Mccoy Anne $600,000 --
Henderson Michael $480,000 --
Resurrection Properties Inc $385,000 --
Henderson Michael $480,000 --
Parris Victor $215,000 Boundary Title Services Inc
Parris Victor $215,000 Boundary Title Services Inc
Viva Development Corp $85,000 --
Viva Development Corp $85,000 --
Cross State Development Inc $60,000 Stewart Title Insurance Co
Cross State Development Inc $60,000 Stewart Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diaferia Veronica $667,683
Closed Diaferia Veronica $667,683
Previous Owner Mccoy Anne $120,000
Previous Owner Mccoy Anne $480,000
Previous Owner Henderson Michael $384,000
Previous Owner Parris Victor $212,150
Closed Henderson Michael $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2014 03/07/14 Rented -- -- --
02/05/2014 02/05/14 Under Contract -- -- --
01/29/2014 01/29/14 For Rent -- -- --
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 $2,489 $93,780 $12,840 $80,940
2024 $2,489 $93,300 $12,840 $80,460
2023 $2,364 $109,860 $12,840 $97,020
2022 $2,173 $89,940 $12,840 $77,100
2021 $2,154 $76,800 $12,840 $63,960
2020 $1,070 $90,840 $12,840 $78,000
2019 $2,111 $82,140 $12,840 $69,300
2018 $1,917 $10,866 $1,716 $9,150
2017 $1,793 $10,268 $2,161 $8,107
2016 $1,630 $9,703 $2,757 $6,946
2015 $1,168 $9,703 $3,095 $6,608
2014 $1,168 $9,578 $2,904 $6,674
Source: Public Records

Agents Affiliated with this Home

  • Charles Olson

    Landlord's Agent in 2014

    Charles Olson

    Keller Williams Realty Empire

    (917) 836-1050

    8 in this area

    164 Total Sales

    Charles Olson
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10146507

Real Estate Board of New York (REBNY)

APN: 01800-0049

New York Kings County Brooklyn 11221 Bed-Stuy

487 Lexington Ave Unit 1, Brooklyn, NY

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