516 Classon Ave Unit 5B Clinthl, NY 11238
Clinton Hill Neighborhood
2
Beds
2
Baths
1,031
Sq Ft
$475/mo
HOA Fee
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 December 2019516 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
Douglas Elliman Real Estate License #10301209015 Listed on: 03/22/2016
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,780
HOA Fees
- $475 Monthly HOA Fees
Home Design
- 1,031 Sq Ft Home
- New Construction
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Utilities
- No Cooling
Community Details
- Clinthl Subdivision
Listing and Financial Details
- Tax Block 1993
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
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
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,200,000 | -- | |
| Deed | $1,063,053 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $900,000 | Purchase Money Mortgage | |
| Previous Owner | $600,000 | New Conventional |
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
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
-
Eugene Litvak
Seller Co-Listing Agent in 2019
Eugene Litvak
Compass
(303) 495-9850
1 in this area
79 Total Sales
-
Jessica Peters
Seller's Agent in 2017
Jessica Peters
Douglas Elliman Real Estate
(718) 486-4429
1 in this area
339 Total Sales
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10081963
APN: 01993-1013
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