488 4th Ave Unit 1 New York City, NY 11215
Gowanus Neighborhood
1
Bed
1.5
Baths
1,290
Sq Ft
$686/mo
HOA Fee
Highlights
- Newly Remodeled
- 2-minute walk to 4 Avenue-9 Street (D,M,N,R Line)
- Home has East and West Exposure
- P.S. 124 Silas B Dutcher Rated A-
- Laundry Facilities
About This Home
As of February 2021Beautiful convertible 2 bedroom duplex with windows on lower level in addition to a massive and magnificent private yard.
488 4th Avenue, a new boutique development in Park Slope, offers 10 elegant and meticulously designed 2-3 bedroom condominiums for the discerning buyer. Conveniently located one block from the F, G, and R trains, and just a few minutes from Prospect Park, this high-style development offers the utmost luxury and convenience in a historic neighborhood. Experience the best Park Slope has to offer including excellent cafes, trendy restaurants and boutique shopping that are all just outside your new front door.
Each floor-through residence is accessible by a private keyed elevator and features carefully chosen, high-quality materials. Hardwood oak floors, custom Italian kitchens, Carrera marble counter tops, high-end stainless steel appliances and magnificent marble baths complete these impeccable residences.
All units have efficient and practical layouts with oversized windows that offer an abundance of light ? residence #1 includes a private backyard. Building amenities include storage, a common roof deck and a bike room. Occupancy September 2018.
Last Agent to Sell the Property
Douglas Elliman Real Estate License #10301205240 Listed on: 01/16/2018
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,624
Year Built
- Built in 2018 | Newly Remodeled
HOA Fees
- $686 Monthly HOA Fees
Home Design
- 1,290 Sq Ft Home
Bedrooms and Bathrooms
- 1 Bedroom
Additional Features
- Home has East and West Exposure
- No Cooling
Listing and Financial Details
- Tax Block 1021
Community Details
Overview
- 10 Units
- Parkslop Subdivision
- Rental Restrictions
- 11-Story Property
Amenities
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 27, 2019
Closed on
Feb 11, 2021
Sold by
Galil Ps 488 Llc and Ps 488 Group Llc
Bought by
Kugel Inna and Plotkin Nelle
Seller's Agent
Angley Rangel
Brown Harris Stevens Brooklyn LLC
List Price
$1,199,000
Sold Price
$1,139,000
Premium/Discount to List
-$60,000
-5%
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
$360,520
Avg. Annual Appreciation
6.24%
Original Mortgage
$765,500
Outstanding Balance
$687,774
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$811,746
Similar Homes in the area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,159,786 | -- | |
| Deed | $1,159,786 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $765,500 | Purchase Money Mortgage | |
| Closed | $765,500 | Purchase Money Mortgage | |
| Previous Owner | $322,500 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/11/2021 02/11/21 | Sold | $1,139,000 | +3.6% | $883 / Sq Ft |
| 02/11/2021 02/11/21 | Sold | $1,099,000 | -8.3% | $852 / Sq Ft |
| 09/29/2020 09/29/20 | Pending | -- | -- | -- |
| 09/27/2019 09/27/19 | For Sale | $1,199,000 | +9.1% | $929 / Sq Ft |
| 11/21/2018 11/21/18 | Off Market | $1,099,000 | -- | -- |
| 05/30/2018 05/30/18 | For Sale | $1,099,000 | -- | $852 / Sq Ft |
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 | $15,806 | $154,201 | $14,003 | $140,198 |
| 2024 | $15,806 | $145,595 | $14,003 | $131,592 |
| 2023 | $12,116 | $138,340 | $14,003 | $124,337 |
| 2022 | $14,005 | $127,965 | $14,003 | $113,962 |
| 2021 | $13,034 | $106,250 | $14,003 | $92,247 |
Source: Public Records
Agents Affiliated with this Home
-
Angley Rangel
Seller's Agent in 2021
Angley Rangel
Brown Harris Stevens Brooklyn LLC
(917) 946-4810
3 in this area
36 Total Sales
-
Rachel Medalie
Seller's Agent in 2021
Rachel Medalie
Douglas Elliman Real Estate
(212) 350-8544
1 in this area
20 Total Sales
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10405164
APN: 01021-1201
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