NOT LISTED FOR SALE

Estimated Value: $1,766,012 - $2,734,000

2 Beds
2 Baths
1,233 Sq Ft
1920 Built

Highlights

  • Pre War Building
  • P.S. 321 William Penn Rated A
  • Garden

About This Home

As of June 2023

502 1st Street #2 is a breathtaking two-bedroom, two-bathroom parlor floor duplex condo with its very own private garden on a coveted Park Slope block. This gorgeous home has the perfect combination of period detail, customized design touches, and modern conveniences including central air conditioning and a washer/dryer.

At over 60 feet deep, the enormous parlor floor offers two separate living room areas (one with wood burning fireplace), a dining area, a custom designed built-in home office, and a sleek open kitchen complete with high-end appliances and finishes: Liebherr refrigerator, Bosch dishwasher, 5-burner Bertazzoni range, and walnut countertops. One bedroom and bath are on the main parlor floor level, and the tranquil master suite is on the first floor with a wall of custom designed closets and separate bathroom. Doors from the parlor floor lead to a deck and your south-facing garden oasis with tons of room for outdoor entertaining.
All of this is just a block and a half from Prospect Park and only one block from 7th Avenue's local shopping and restaurants.
June 15th occupancy. Pet friendly.

Last Agent to Rent the Property

Leslie Marshall

Corcoran Group License #30MA1045304 Listed on: 05/17/2023

Corcoran Group

Co-Listed By

Ashley Enthoven

Corcoran Group License #10401351058

Condo Details

Home Type

  • Condominium

Year Built

  • 1920

Lot Details

  • Garden

Home Design

  • Pre War Building
  • Entry on the 2nd floor

Interior Spaces

  • 1,233 Sq Ft Home
  • 1-Story Property
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Community Details

  • Park Slope Subdivision

Listing and Financial Details

  • Property Available on 6/15/23
  • Tax Block 01076

Condo Details

Home Type

Condominium

Year Built

1920

Lot Details

0 Sq Ft Lot

Rental Info

  • Available Date: 2023-06-15

Listing Details

  • Cross Street: 7 AVENUE and 8 AVENUE
  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Park Slope
  • Architectural Style: Prewar
  • Entry Level: 2
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1920

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 1233.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Exterior Features: Garden

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Total Stories: 1

Tax Info

  • Tax Block: 01076

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2015
Sold by
Desai Ami
Bought by
Wenning Jessica Lauren
Current Estimated Value
$2,160,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Outstanding Balance
$847,708
Interest Rate
3.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,313,045

Purchase Details

Closed on
Sep 8, 2010
Sold by
First Berkeley Development Llc
Bought by
Desai Ami and Schwartz Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$721,500
Interest Rate
4.51%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wenning Jessica Lauren $1,581,000 --
Desai Ami $941,881 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wenning Jessica Lauren $1,100,000
Previous Owner Desai Ami $721,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2023 06/20/23 Rented $6,995 0.0% --
05/31/2023 05/31/23 Under Contract -- -- --
05/24/2023 05/24/23 Price Changed $6,995 -6.7% $6 / Sq Ft
05/17/2023 05/17/23 For Rent $7,500 +15.4% --
01/18/2022 01/18/22 For Rent $6,500 +9.2% --
01/18/2022 01/18/22 Rented -- -- --
10/14/2020 10/14/20 Rented -- -- --
10/06/2020 10/06/20 For Rent $5,950 +3.5% --
03/25/2019 03/25/19 For Rent $5,750 -- --
03/25/2019 03/25/19 Rented -- -- --
Source: Real Estate Board of New York (REBNY)

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 $12,237 $287,962 $25,381 $262,581
2024 $12,237 $359,985 $25,381 $334,604
2023 $11,331 $368,889 $25,381 $343,508
2022 $10,294 $362,510 $25,381 $337,129
2021 $7,864 $289,955 $25,381 $264,574
2020 $3,866 $281,450 $25,381 $256,069
2019 $7,834 $234,568 $25,381 $209,187
2018 $8,867 $69,716 $9,052 $60,664
2017 $8,210 $64,552 $9,739 $54,813
2016 $7,706 $59,771 $10,590 $49,181
2015 $3,947 $59,771 $12,713 $47,058
2014 $3,947 $57,918 $14,789 $43,129
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10858828

Real Estate Board of New York (REBNY)

APN: 01076-1002

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