NOT LISTED FOR SALE

516 Classon Ave Unit 5B Clinthl, NY 11238

Clinton Hill Neighborhood

Estimated Value: $1,197,000 - $1,375,000

2 Beds
2 Baths
1,031 Sq Ft
$455/mo HOA Fee

Last Sold December 09, 2019

Last sale price $1,200,000 $1,164 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $8,543/month

25 Days on Market

Highlights

  • Rooftop Deck
  • 4-minute walk to Franklin Avenue (A,C,S Line)
  • Central Air
  • Terrace
  • Balcony
  • 1-minute walk to Crispus Attucks Playground

About This Home

As of December 2019

516 Classon Avenue iselegantly designed with thoughtful layout provides 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

Geoffrey Pantone

Compass License #10301215570 Listed on: 09/04/2019

Compass

Co-Listed By

Eugene Litvak

Compass License #10301202772

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,644

Year Built

  • Built in 2014

Lot Details

  • 4,008

HOA Fees

  • $455 Monthly HOA Fees

Home Design

  • 1,031 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Terrace

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 33 / 1993

Community Details

Overview

  • Clinton Hill Subdivision
  • 7-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,644

Year Built

Built in 2014

Lot Details

0

HOA Fees

$455 per month

Listing Details

  • Cross Street: Putnam Avenue/Fulton Street
  • Exposures: South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Clinton Hill
  • Entry Level: 5
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 1031.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony, Building Roof Deck
  • Patio/Porch Features: Terrace, Balcony

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 455.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 7
  • Year Built: 2014

Tax Info

  • Tax Block: 1993
  • Tax Lot: 33
  • Tax Annual: 10644.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2019
Closed on
Dec 5, 2019
Sold by
Lund Stephanie and Wong Wai
Bought by
Gyasi Anne and Gyasi Sophie
Seller's Agent
Geoffrey Pantone
Compass
List Price
$1,200,000
Sold Price
$1,200,000
Current Estimated Value
$1,246,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,874
Avg. Annual Appreciation
0.81%
Original Mortgage
$900,000
Outstanding Balance
$800,072
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$454,891

Purchase Details

Listed on
Mar 22, 2016
Closed on
Jan 18, 2017
Sold by
The Classon In Clinton Llc
Bought by
Lund Stephanie and Wong Wai-Ming
Seller's Agent
Jessica Peters
Douglas Elliman Real Estate
List Price
$1,079,000
Sold Price
$1,079,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.80%
Original Mortgage
$600,000
Interest Rate
4.32%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Gyasi Anne $1,200,000 --
Lund Stephanie $1,063,053 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gyasi Anne $900,000
Previous Owner Lund Stephanie $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2022 04/20/22 Off Market $1,079,000 -- --
12/09/2019 12/09/19 Sold $1,200,000 0.0% $1,164 / Sq Ft
09/30/2019 09/30/19 Pending -- -- --
09/05/2019 09/05/19 Rented -- -- --
09/04/2019 09/04/19 For Sale $1,200,000 0.0% $1,164 / Sq Ft
08/06/2019 08/06/19 Under Contract -- -- --
10/29/2018 10/29/18 For Rent $3,500 0.0% --
01/31/2017 01/31/17 Sold $1,079,000 0.0% $1,047 / Sq Ft
01/01/2017 01/01/17 Pending -- -- --
03/23/2016 03/23/16 For Sale $1,079,000 -- $1,047 / 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 $14,187 $128,330 $7,087 $121,243
2024 $14,187 $127,530 $7,087 $120,443
2023 $11,147 $119,228 $7,087 $112,141
2022 $10,921 $117,456 $7,087 $110,369
2021 $9,869 $97,515 $7,087 $90,428
2019 $10,850 $110,890 $7,087 $103,803
2018 $12,965 $103,768 $7,087 $96,681
2017 $12,848 $102,240 $7,087 $95,153
Source: Public Records

Agents Affiliated with this Home

  • Geoffrey Pantone

    Seller's Agent in 2019

    Geoffrey Pantone

    Compass

    (347) 268-2093

    2 in this area

    12 Total Sales

    Geoffrey Pantone
    Section Image
  • Eugene Litvak

    Seller Co-Listing Agent in 2019

    Eugene Litvak

    Compass

    (303) 495-9850

    1 in this area

    79 Total Sales

    Eugene Litvak
    Section Image
  • Jessica Peters

    Seller's Agent in 2017

    Jessica Peters

    Douglas Elliman Real Estate

    (718) 486-4429

    1 in this area

    339 Total Sales

    Jessica Peters
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10574375

Real Estate Board of New York (REBNY)

APN: 01993-1013

New York Kings County Brooklyn 11238 Clinton Hill

516 Classon Ave Unit 5B, Brooklyn, NY

This home is located at 516 Classon Ave Unit 5B, Clinthl, NY 11238 since 04 September 2019 and is currently estimated at $1,246,874, approximately $1,209 per square foot. This property was built in 2014. 516 Classon Ave Unit 5B is a home located in Kings County with nearby schools including P.S. 56 Lewis H Latimer, Explore Exceed Charter Lower School, and Brooklyn Waldorf School.

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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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