$1,050,000
SOLD MAY 14, 2025

525 Myrtle Ave Unit 201 Brooklyn, NY 11205

Clinton Hill Neighborhood
2 Beds
2 Baths
808 Sq Ft
$633/mo HOA Fee

Recently Sold

$1,300 Per Sq Ft

5% Below List Price

Highlights

  • Terrace
  • Courtyard
  • 3-minute walk to Pratt Playground
  • Cooling Available
  • South Facing Home

About This Home

As of May 2025

Welcome to 525 Myrtle Unit 201, a stunning split 2-bedroom, 2-bathroom home designed for both comfort and style. With southern exposure and a 110+ sq. ft. private terrace, this space is perfect for alfresco dining and relaxation. Plus, enjoy the convenience of a large private storage closet in the building’s cellar. Tax Abatement expires 2032.

Step into the spacious chef’s kitchen, featuring sleek Italian custom cabinetry, white quartz countertops, and premium stainless steel appliances. The modern kitchen seamlessly flows into the dining and living area, creating an inviting space for both everyday living and entertaining. Throughout the home, solid red oak hardwood floors add warmth and elegance.

The primary suite comfortably fits a king-size bed and boasts a custom-built storage closet. The second bedroom accommodates a queen-size bed plus a dresser and includes its own custom-built closet. Additional highlights include an in-unit washer/dryer and central heating and cooling for year-round comfort.

Located in the heart of Clinton Hill, this boutique condominium is just minutes from the Classon G train, with Pratt Institute and multiple grocery stores right across the street. Plus, enjoy easy access to Myrtle Avenue’s diverse restaurants, coffee shops, and boutique retailers.

Building Amenities:
• Virtual Doorman
• Fitness Center with Peloton Bike
• Recreational Lounge with Smart TV
• Private Furnished and Landscaped Courtyard with BBQ Grill
• Individual Storage Rooms
• Bicycle Parking
• Electronic Access Key Fob System

Don’t miss this opportunity to own a beautifully designed home in one of Brooklyn’s most vibrant neighborhoodd.

Last Agent to Sell the Property

Henry Yang

Modern Spaces License #10401230775 Listed on: 03/12/2025

Modern Spaces

Co-Listed By

li qun yang

Modern Spaces License #10401388514

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,092

Year Built

  • Built in 2017

HOA Fees

  • $633 Monthly HOA Fees

Home Design

  • 808 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Additional Features

  • Terrace
  • South Facing Home
  • Cooling Available

Listing and Financial Details

  • Legal Lot and Block 7505 / 1893

Community Details

Overview

  • Clinton Hill Subdivision
  • 7-Story Property

Amenities

  • Courtyard
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,092

Year Built

Built in 2017

Lot Details

0

HOA Fees

$633 per month

Listing Details

  • Cross Street: Grand Avenue/Steuben Street
  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Clinton Hill
  • Entry Level: 2
  • Structure Type: None
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 808.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Storage, Building Courtyard, Private Outdoor Space Under 60 Sqft
  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area, In Unit
  • Green Building Features: Elevator(s)
  • Cooling: Other
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 633.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Total Stories: 7
  • Year Built: 2017

Tax Info

  • Tax Block: 1893
  • Tax Lot: 7505
  • Tax Annual: 1092.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2025
Closed on
May 14, 2025
Sold by
Inocencio Ramy
Bought by
Foote David and Huang Taimei
Seller's Agent
Henry Yang
Modern Spaces
List Price
$1,100,000
Sold Price
$1,050,000
Premium/Discount to List
-$50,000
-4.55%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%
Original Mortgage
$750,000
Outstanding Balance
$749,338
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$318,351

Purchase Details

Closed on
Nov 29, 2017
Sold by
525 Myrtle Avenue Condos Realty Llc
Bought by
Inocencio Ramy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$664,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage
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 $1,050,000 --
Deed $845,148 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $750,000 Purchase Money Mortgage
Previous Owner $664,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2025 05/14/25 Sold $1,050,000 -4.5% $1,300 / Sq Ft
03/12/2025 03/12/25 Pending -- -- --
03/12/2025 03/12/25 For Sale $1,100,000 -- $1,361 / 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 $1,093 $86,479 $13,581 $72,898
2024 $1,093 $83,115 $13,581 $69,534
2023 $1,072 $80,096 $13,581 $66,515
2022 $1,011 $79,706 $13,581 $66,125
2021 $1,045 $74,329 $13,581 $60,748
2020 $1,090 $73,428 $13,581 $59,847
2019 $1,102 $70,162 $13,581 $56,581
2018 $8,291 $67,707 $13,581 $54,126
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20008760

Real Estate Board of New York (REBNY)

APN: 01893-1304