NOT LISTED FOR SALE

499 Van Buren St Unit 4 Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $1,123,000 - $1,293,000

2 Beds
2 Baths
1,340 Sq Ft
$505/mo HOA Fee

Last Sold January 12, 2024

Last sale price $1,180,000 $881 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $8,010/month

118 Days on Market

Highlights

  • Terrace
  • 3-minute walk to Kosciuszko Street
  • High-Rise Condominium
  • Balcony

About This Home

As of January 2024

Apartment 4 at 499 Van Buren Street is a floor through two-bedroom with two baths, two balconies, and an internal staircase leading to a large private roof terrace.

Meet 499 Van Buren Street, a brand-new boutique condominium at the border of Stuyvesant Heights and Bushwick. This remarkable 5-unit building offers sunny one-to-three-bedroom homes with designer finishes and thoughtful floor plans, and every single home features private outdoor space.

Filled with light all day long through oversized Pella windows, each residence boasts 7-inch-wide-plank light oak flooring, solid core doors, and energy efficient Mitsubishi split heating and cooling systems. Enjoy impressive chef's kitchens finished with custom cabinetry, striking quartz countertops, and a collection of best-in-class appliances by Bertazzoni and Forte.

Designer bathrooms all feature striking oversized porcelain tiles, stylish matte black fixtures, radiant heated flooring, and floating toilets. Primary baths all have and step-in showers. The secondary baths each have soaking tubs.

Every apartment has a washer/dryer hookup, and most units also include private storage in the building's basement.

499 Van Buren is located just 2 blocks to the J train at Kosciuszko Street and in close proximity to local hot spots including Space 71 X Cafe , Fat Doughnut, Wonderville, Cheri's, Turtles all the way down, Passionfruit Coffee and more!

Images shown are a combination of model units and artist renderings.

This is not an offering. The complete offering terms are in an offering plan available from the File No CD22-0213.

Last Agent to Sell the Property

Nicholas Hovsepian

Corcoran Group License #10401223848 Listed on: 08/17/2023

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,968

Year Built

  • Built in 2022

Lot Details

  • 2,483

HOA Fees

  • $505 Monthly HOA Fees

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 1,340 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer Hookup

Outdoor Features

  • Balcony
  • Terrace

Utilities

  • No Cooling

Community Details

  • 5 Units
  • High-Rise Condominium
  • Stuyvesant Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 0001 / 01612

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,968

Year Built

Built in 2022

Lot Details

0

HOA Fees

$505 per month

Listing Details

  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Stuyvesant Heights
  • Entry Level: 4
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Fireplace: No
  • Living Area: 1340.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: No
  • Exterior Features: Balcony
  • Patio/Porch Features: Terrace, Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None, Washer Hookup, In Unit
  • Green Building Features: Elevator(s), Green Building
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 505.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 5
  • Total Stories: 4
  • Year Built: 2022

Tax Info

  • Tax Block: 01612
  • Tax Lot: 0001
  • Tax Annual: 10968.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2023
Closed on
Jan 12, 2024
Sold by
Hashem 499 Van Buren Development Llc
Bought by
Souto Bruno
Seller's Agent
Nicholas Hovsepian
Corcoran Group
List Price
$1,245,000
Sold Price
$1,180,000
Premium/Discount to List
-$65,000
-5.22%
Views
29
Current Estimated Value
$1,186,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,061
Avg. Annual Appreciation
-0.95%
Original Mortgage
$826,000
Outstanding Balance
$813,067
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$348,199
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
Souto Bruno $1,180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Souto Bruno $826,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 Sold $1,180,000 -1.6% $881 / Sq Ft
12/14/2023 12/14/23 Pending -- -- --
10/10/2023 10/10/23 Price Changed $1,199,000 -3.7% $895 / Sq Ft
08/17/2023 08/17/23 For Sale $1,245,000 -- $929 / 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 -- $205,906 $28,332 $177,574
2024 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10927538

Real Estate Board of New York (REBNY)

APN: 01612-1005