$775,000
SOLD SEP 22, 2016

516 Classon Ave Unit 2B Clinthl, NY 11238

Clinton Hill Neighborhood
1 Bed
1 Bath
830 Sq Ft
$364/mo HOA Fee

Recently Sold

$934 Per Sq Ft

7% Below List Price

181 Days on Market

Highlights

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

About This Home

As of April 2025

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.

2B is a 1 and a half bedroom , 1 bathroom 830 sqft residence with a 74 sqft balcony.

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

Co-Listed By

Jessica Peters

Douglas Elliman Real Estate License #10301209015

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,500

Year Built

  • 2014

HOA Fees

  • $364 Monthly HOA Fees

Home Design

  • 830 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • No Cooling

Community Details

  • Clinthl Subdivision

Listing and Financial Details

  • Tax Block 1993

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,500

Year Built

2014

Lot Details

0

HOA Fees

$364 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
  • Year Built (Public Record): 2014

Interior Features

  • Living Area: 830.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Bathrooms Integer: 1
  • Bedrooms: 1

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 364.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes

Tax Info

  • Tax Block: 1993
  • Tax Annual: 7500.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2016
Closed on
Sep 22, 2016
Sold by
The Classon In Clinton Llc
Bought by
Lau Yee and Tai Kung-Che
List Price
$835,000
Sold Price
$775,000
Premium/Discount to List
-$60,000
-7.19%
Total Days on Market
181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.65%
Original Mortgage
$620,000
Outstanding Balance
$503,674
Interest Rate
3.46%
Mortgage Type
New Conventional
Estimated Equity
$469,176

Map

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $789,144 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $620,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 Sold $909,000 +1.0% $1,095 / Sq Ft
02/14/2025 02/14/25 Pending -- -- --
01/16/2025 01/16/25 For Sale $900,000 +16.1% $1,084 / Sq Ft
09/22/2016 09/22/16 Sold $775,000 -7.2% $934 / Sq Ft
08/23/2016 08/23/16 Pending -- -- --
02/23/2016 02/23/16 For Sale $835,000 -- $1,006 / Sq Ft
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
2024 $10,879 $97,796 $5,435 $92,361
2023 $8,548 $91,429 $5,435 $85,994
2022 $8,374 $90,070 $5,435 $84,635
2021 $7,568 $74,779 $5,435 $69,344
2019 $8,320 $85,035 $5,435 $79,600
2018 $9,942 $79,574 $5,435 $74,139
2017 $9,852 $78,402 $5,435 $72,967
Source: Public Records

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10082934

Real Estate Board of New York (REBNY)

APN: 01993-1004