$1,195,000
SOLD SEP 26, 2016

516 Classon Ave Unit 1B Clinthl, NY 11238

Clinton Hill Neighborhood
2 Beds
2 Baths
1,506 Sq Ft
$631/mo HOA Fee

Recently Sold

$793 Per Sq Ft

156 Days on Market

Highlights

  • New Construction
  • 4-minute walk to Franklin Avenue (A,C,S Line)
  • 1-minute walk to Crispus Attucks Playground
  • Terrace
  • Garden

About This Home

As of September 2016

516 Classon Avenue is comprised of 16 elegantly designed one and two bedroom residences. Thoughtful layouts provide ample space and light with appealing composition reflected through-out.

Residences feature: stainless steel Bosch appliance package inclusive of a French door refrigerator, dishwasher, microwave, and gas range. Additional kitchen features consist of a hand-made clay tile backsplash accented with Caesarstone countertops. Custom ash colored cabinetry with frosted glass panels round out the contemporary kitchen design. White oak hardwood flooring throughout adds warmth and balance while the bathrooms are artfully arranged with color and texture.

Relish the tranquil environment and views while entertaining on an expansive private roof terrace that belongs to the penthouse. Alternatively, the ground floor unit offers a sprawling private garden for those with a green thumb.

Clinton Hill is recognized by its discreet charm and an admirable sense of community. Take a stroll along the Pratt Institute sculpture park on the weekend or dine, eat and be entertained by the abundance of local businesses in the area. Energy ebbs and flows between historic brownstones, tree lined streets and muraled facades. Some of the neighborhoods repurposed spaces have been converted into craft-cocktail bars, and budding fashion design boutiques.

Bordered by Williamsburg, Prospect Heights, Fort Greene and Bedford Stuyvesant. 516 Classon Avenue is conveniently located just two blocks to the Franklin Ave A/C train stop and a few blocks to the Classon Avenue G train stop. Less than 15 min to Manhattan.

This is not an offering. The complete offering terms are in an offering plan available from the Sponsor. Sponsor reserves the right to make changes in accordance with the offering plan.File No. CD140280

Last Agent to Sell the Property

Jessica Peters

Douglas Elliman Real Estate License #10301209015 Listed on: 03/16/2016

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,996

HOA Fees

  • $631 Monthly HOA Fees

Home Design

  • 1,506 Sq Ft Home
  • New Construction

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • Terrace
  • Garden
  • No Cooling

Community Details

  • Clinthl Subdivision

Listing and Financial Details

  • Tax Block 1993

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,996

Lot Details

0

HOA Fees

$631 per month

Listing Details

  • Cross Street: PUTNAM
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: CLINTHL
  • Entry Level: 99
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Living Area: 1506.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Garden
  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 631.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes

Tax Info

  • Tax Block: 1993
  • Tax Annual: 12996.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2016
Closed on
Sep 22, 2016
Sold by
The Classon In Clinton Llc
Bought by
Abad Christina and Hearn Michael
Seller's Agent
Jessica Peters
Douglas Elliman Real Estate
List Price
$1,195,000
Sold Price
$1,195,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.59%
Original Mortgage
$776,750
Outstanding Balance
$630,443
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$864,180
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,216,809 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 Unknown
Open $776,750 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 Pending -- -- --
06/20/2025 06/20/25 Off Market $1,650,000 -- --
06/13/2025 06/13/25 Pending -- -- --
06/13/2025 06/13/25 Off Market $1,650,000 -- --
06/06/2025 06/06/25 Pending -- -- --
06/06/2025 06/06/25 Off Market $1,650,000 -- --
05/30/2025 05/30/25 Pending -- -- --
05/30/2025 05/30/25 Off Market $1,650,000 -- --
05/23/2025 05/23/25 Pending -- -- --
05/23/2025 05/23/25 Off Market $1,650,000 -- --
05/16/2025 05/16/25 Pending -- -- --
04/24/2025 04/24/25 For Sale $1,650,000 +38.1% $1,078 / Sq Ft
09/26/2016 09/26/16 Sold $1,195,000 0.0% $793 / Sq Ft
08/27/2016 08/27/16 Pending -- -- --
03/23/2016 03/23/16 For Sale $1,195,000 -- $793 / 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
2024 $18,983 $170,646 $9,483 $161,163
2023 $14,916 $159,536 $9,483 $150,053
2022 $14,613 $157,166 $9,483 $147,683
2021 $13,205 $130,484 $9,483 $121,001
2019 $14,518 $148,380 $9,483 $138,897
2018 $17,348 $138,851 $9,483 $129,368
2017 $17,192 $136,805 $9,483 $127,322
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10100215

Real Estate Board of New York (REBNY)

APN: 01993-1002