$909,000
SOLD APR 25, 2025

516 Classon Ave Unit 2B Clinthl, NY 11238

Clinton Hill Neighborhood
1 Bed
1 Bath
830 Sq Ft
$465/mo HOA Fee

Recently Sold

$1,095 Per Sq Ft

1% Above List Price

29 Days on Market

Highlights

  • Wood Flooring
  • 4-minute walk to Franklin Avenue (A,C,S Line)
  • No Heating
  • Balcony
  • Cooling Available
  • 1-minute walk to Crispus Attucks Playground

About This Home

As of April 2025

Welcome to 516 Classon Avenue #2B—a spacious, modern, and sunny 1.5 bedroom condo with private outdoor space in vibrant Clinton Hill, perfect for the ultimate city-living experience. This residence boasts high ceilings, warm white oak hardwood floors, and a sleek, open-concept layout with double exposures that maximizes light and functionality. The generous living area flanked with west-facing sliding doors that lead to a large 74 sq. ft. private balcony is ideal for morning coffee, unwinding in the sun, or entertaining guests. The kitchen features a premium Bosch appliance package that includes a gas range, dishwasher, and microwave, all complemented by quartz countertops, handmade clay tile backsplash, and custom ash-toned cabinetry with frosted glass details.Past the kitchen is a flexible bonus space that serves perfectly as a dining nook, home office, or cozy reading area. A recently renovated bathroom, large hallway walk-in closet, energy efficient ductless HVAC, and in-unit washer/dryer add practical convenience, while the spacious bedroom, with its east-facing windows and ample closet space, promises a peaceful retreat.516 Classon Avenue is a pet-friendly, boutique condominium of 18 units with amenities including a common roof deck and elevator access. Situated in the heart of Clinton Hill, you’ll be surrounded by neighborhood favorites like The Fly, Harts, and Clementine Bakery. The building is also just two blocks from the Franklin Avenue A/C stop and near the Classon Avenue G, making commuting a breeze. Embrace the vibrant culture, tree-lined streets, and historic charm that define Clinton Hill. From artsy boutiques to local dining and the renowned Pratt Institute, everything you need is just outside your door.Please note: a monthly assessment fee of $61.67 will begin in 2025 and continue for 48 months.

Last Agent to Sell the Property

Fouad Rahme

Compass License #10301217357 Listed on: 01/16/2025

Compass

Co-Listed By

Grace Rahme

Compass License #10301203381

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,880

Year Built

  • 2014

HOA Fees

  • $465 Monthly HOA Fees

Interior Spaces

  • 830 Sq Ft Home
  • Wood Flooring
  • Laundry in unit

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Balcony

Utilities

  • Cooling Available
  • No Heating

Community Details

  • 16 Units
  • Clinton Hill Subdivision

Listing and Financial Details

  • Legal Lot and Block 1004 / 01993

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,880

Year Built

2014

Lot Details

0

HOA Fees

$465 per month

Listing Details

  • Exposures: East,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Clinton Hill
  • Entry Level: 2
  • Structure Type: Multi Family
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built (Public Record): 2014

Interior Features

  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 830.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • View: No
  • Exterior Features: Balcony, Private Outdoor Space Over 60 Sqft
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: In Unit, See Remarks
  • Cooling: Other
  • Cooling: Yes
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 465.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 0.000000x0.000000

Building Info

  • New Construction: No
  • Units: 16

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 01993
  • Tax Lot: 1004
  • Tax Annual: 8880.0

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
29

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
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 $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 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 $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

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11029375

Real Estate Board of New York (REBNY)

APN: 01993-1004