NOT LISTED FOR SALE

525 Vanderbilt Ave Unit 3A Brooklyn, NY 11238

Clinton Hill Neighborhood

Estimated Value: $1,042,000 - $1,601,000

2 Beds
2 Baths
1,031 Sq Ft
$477/mo HOA Fee

Last Sold January 25, 2024

Last sale price $890,000 $863 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $8,410/month

177 Days on Market

About This Home

As of January 2024

Welcome to 525 Vanderbilt Ave! Presenting residence #3A, a modern 2-bedroom, 2-bathroom condo for sale, this home embodies the essence of Brooklyn life. Discover the epitome of urban living at the vibrant intersection of Fort Greene, Clinton Hill, and Prospect Heights. The convenience of the nearby subways offers seamless access to the renowned Barclay Center and easy commute to anywhere in Brooklyn & Manhattan.

Spanning 1,031 square feet, this floor-through apartment showcases a seamless blend of style and functionality. It also comes with a deeded 5x7 storage unit. The grand open living, dining, and kitchen area serves as the heart of the home, providing an inviting space for entertaining and creating lasting memories. Immerse yourself in the kitchen, adorned with granite countertops, complemented by the warmth of maple wood cabinets, and equipped with stainless steel appliances. Indulge in the comfort of two full-size bedrooms, each offering a tranquil retreat. Hardwood floors add an elegant touch, while the master bedroom boasts an en-suite bathroom.

Step outside to a beautifully maintained shared backyard, a serene oasis adorned with apple, cherry, and pear trees. As you soak in the tranquility, the backdrop of stained-glass windows from the neighboring church adds a touch of timeless beauty. Additionally, laundry facilities in the common basement offer added convenience and functionality.

Currently in progress, experience the transformation of downtown Brooklyn with the extraordinary Pacific Park Brooklyn project. Encompassing 22 acres of prime real estate, this ambitious redevelopment endeavor is set to redefine the urban landscape. Anticipate a dynamic blend of residential, commercial, and recreational spaces, showcasing the epitome of modern living.

All material herein is intended for information purposes only and has been compiled from sources deemed reliable. Though information is believed to be correct, it is presented subject to errors, omissions, changes, or withdrawal without notice. Buyer to verify all information.

Last Agent to Sell the Property

Donald Lai

Corcoran Group License #10301219513 Listed on: 11/10/2023

Corcoran Group

Co-Listed By

Gabriela Svec

Corcoran Group License #10301221614

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,248

Year Built

  • Built in 2007

HOA Fees

  • $477 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,031 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling

Community Details

  • 5 Units
  • Clinton Hill Subdivision

Listing and Financial Details

  • Legal Lot and Block 7501 / 02010

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,248

Year Built

Built in 2007

Lot Details

0

HOA Fees

$477 per month

Listing Details

  • Exposures: East,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Clinton Hill
  • Architectural Style: Walk-Up
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Fireplace: No
  • Living Area: 1031.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: No
  • Exterior Features: None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None
  • Green Building Features: Green Building
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 477.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 5
  • Total Stories: 4
  • Year Built: 2007

Tax Info

  • Tax Block: 02010
  • Tax Lot: 7501
  • Tax Annual: 16248.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2023
Closed on
Jan 25, 2024
Sold by
Creamer Michael Norman
Bought by
Fields Laura Emily and Vanisko Robert Stephen
Seller's Agent
Donald Lai
Corcoran Group
List Price
$985,000
Sold Price
$890,000
Premium/Discount to List
-$95,000
-9.64%
Views
10
Current Estimated Value
$1,228,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,565
Avg. Annual Appreciation
20.23%
Original Mortgage
$712,000
Outstanding Balance
$699,417
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$529,148

Purchase Details

Closed on
Nov 27, 2019
Sold by
The Board Of Managers Of 525-527 Vanderbilt
Bought by
539 Vanderbilt Partners Llc and 550 Clinton Partners Llc

Purchase Details

Listed on
Dec 28, 2015
Closed on
Mar 15, 2016
Sold by
Kurnit Hannah Bess and Kurnit Jesse
Bought by
Creamer Michael Norman
List Price
$829,000
Sold Price
$850,000
Premium/Discount to List
$21,000
2.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.90%

Purchase Details

Closed on
Nov 28, 2007
Sold by
Vanderbilt 525 Llc
Bought by
Kurnit Hannah Bess and Kurnit Jesse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6.3%
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
Fields Laura Emily $890,000 --
Fields Laura Emily $890,000 --
539 Vanderbilt Partners Llc $262,594 --
539 Vanderbilt Partners Llc $262,594 --
Creamer Michael Norman $850,000 --
Creamer Michael Norman $850,000 --
Kurnit Hannah Bess $539,000 --
Kurnit Hannah Bess $539,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fields Laura Emily $712,000
Closed Fields Laura Emily $712,000
Previous Owner Kurnit Hannah Bess $68,000
Previous Owner Kurnit Hannah Bess $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/25/2024 01/25/24 Sold $890,000 0.0% $863 / Sq Ft
11/10/2023 11/10/23 Pending -- -- --
11/05/2023 11/05/23 Off Market $890,000 -- --
09/26/2023 09/26/23 Price Changed $899,000 -3.9% $872 / Sq Ft
07/07/2023 07/07/23 Price Changed $935,000 -5.1% $907 / Sq Ft
07/06/2023 07/06/23 For Sale $985,000 +10.7% $955 / Sq Ft
06/25/2023 06/25/23 Off Market $890,000 -- --
05/16/2023 05/16/23 For Sale $985,000 +15.9% $955 / Sq Ft
03/17/2016 03/17/16 Sold $850,000 +2.5% $824 / Sq Ft View Prior Sale
02/16/2016 02/16/16 Pending -- -- --
01/02/2016 01/02/16 For Sale $829,000 -- $804 / 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 $17,882 $190,729 $6,566 $184,163
2024 $17,882 $158,924 $6,566 $152,358
2023 $16,246 $132,437 $6,566 $125,871
2022 $12,765 $130,139 $6,566 $123,573
2021 $9,564 $151,102 $6,566 $144,536
2020 $2,947 $163,482 $6,566 $156,916
2019 $3,110 $152,245 $6,566 $145,679
2018 $268 $126,437 $4,362 $122,075
2017 $268 $127,670 $5,118 $122,552
2016 $271 $118,213 $5,908 $112,305
2015 $212 $109,457 $6,566 $102,891
2014 $212 $108,238 $6,566 $101,672
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10929338

Real Estate Board of New York (REBNY)

APN: 02010-1003