NOT LISTED FOR SALE

516 Lexington Ave Unit GARDEN Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $1,586,000 - $2,495,492

3 Beds
1 Bath
-- Sq Ft
2,004 Sq Ft Lot

About This Home

As of May 2023

Introducing a stunning two bedroom, one and a half bathroom garden level apartment with a private backyard in the heart of Stuyvesant Heights. This beautifully renovated apartment boasts an additional bonus room in the basement, perfect for a home office, gym or additional storage.

Step inside to a bright and airy open concept living space with gorgeous wood floors throughout. The kitchen features stainless steel appliances, a beautiful peninsula with quartz countertops, and plenty of storage space.

A hallways leads you to both bedrooms , each with access to the private garden, and a full bathroom with double vanity tucked away in the rear of the unit for ultimate privacy and tranquility.

Downstairs, the fully finished basement offers approximately 350 sq ft of additional space with a convenient half bathroom and washer/dryer. This bonus area provides ample room for a variety of uses, including a home office, gym, or additional storage.

You will be the first to occupy this beautiful apartment since its renovation. Outside, enjoy a private backyard oasis perfect for barbecues or simply relaxing in the sun.

Located in the heart of Stuyvesant Heights, you will have access to all the culture and architecture the neighborhood is known for. Take a short trip to the Herbert Von King and Saratoga Parks for farmers markets or explore the Broadway corridor for a variety of restaurants, cafes, and bars.

Transportation is a breeze with nearby access to local and express J/Z trains at the Kosciuszko St station, as well as A and C trains at the Kingston-Throop station that can take you to Manhattan in just 15 minutes.

Don't miss your chance to make this beautiful garden level duplex your new home. Schedule a viewing today!

Last Agent to Rent the Property

Jessica White

Corcoran Group License #10301218368 Listed on: 03/27/2023

Corcoran Group

Co-Listed By

Eric Weiser

Compass License #10401345990

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $10,243

Year Built

  • Built in 1899

Lot Details

  • 2,004

Home Design

  • Pre War Building
  • Entry on the 1st floor

Interior Spaces

  • 2-Story Property
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Listing and Financial Details

  • Property Available on 3/27/23
  • Tax Block 01806

Property Details

Home Type

Co-Op

Est. Annual Taxes

$10,243

Year Built

Built in 1899

Lot Details

0

Rental Info

  • Available Date: 2023-03-27

Listing Details

  • Cross Street: THROOP AVENUE and MARCUS GARVEY BOULEVARD
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Architectural Style: Prewar
  • Entry Level: 1
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Washer Dryer Allowed, Washer
  • Rooms (Total): 5

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 3

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Interest: Stock Cooperative

Building Info

  • New Construction: No
  • Units: 1
  • Total Stories: 2
  • Year Built: 1899

Tax Info

  • Tax Block: 01806

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2023
Sold by
Bsd 55 Lex Llc
Bought by
China Oval Corp
Current Estimated Value
$2,042,873

Purchase Details

Closed on
Jul 11, 2019
Sold by
Estate Of Michael Miller and Keya Miller As Administrator
Bought by
Bsd 55 Lex Llc and Attn: Yaniv Nasimi

Purchase Details

Closed on
Dec 9, 1998
Sold by
First Home Properties Corp
Bought by
Miller Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,443
Interest Rate
6.74%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 17, 1998
Sold by
Blue Pen Development Corp
Bought by
First Home Properties Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,600
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 1998
Sold by
Ocwen Federal Bank Fsb and Berkeley Federal Bank & Trust Fsb
Bought by
Blue Pen Development Corp

Purchase Details

Closed on
Oct 26, 1995
Sold by
The Fans Of New York Count Inc
Bought by
Williams Daisy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
7.13%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Average Value
Not Available
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
China Oval Corp $2,245,000 --
Bsd 55 Lex Llc $725,000 --
Miller Michael $96,500 --
First Home Properties Corp $87,000 Stewart Title Insurance Co
Blue Pen Development Corp $70,000 --
Williams Daisy $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Michael $91,443
Previous Owner First Home Properties Corp $69,600
Previous Owner Williams Daisy $97,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2023 05/15/23 Rented $3,800 0.0% --
03/27/2023 03/27/23 For Rent $3,800 -- --
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 $10,243 $86,280 $16,380 $69,900
2024 $10,243 $101,520 $16,380 $85,140
2023 $10,248 $124,560 $16,380 $108,180
2022 $1,773 $88,080 $16,380 $71,700
2021 $1,764 $81,900 $16,380 $65,520
2020 $1,323 $82,860 $16,380 $66,480
2019 $1,730 $65,880 $16,380 $49,500
2018 $1,594 $7,820 $2,816 $5,004
2017 $1,509 $7,401 $2,296 $5,105
2016 $1,396 $6,984 $2,583 $4,401
2015 $842 $6,966 $3,668 $3,298
2014 $842 $6,890 $4,351 $2,539
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10849536

Real Estate Board of New York (REBNY)

APN: 01806-0034