NOT LISTED FOR SALE

526 Avenue Z Unit 1A Brooklyn, NY 11223

Gravesend Neighborhood

Estimated Value: $427,000 - $500,450

1 Bed
1.5 Baths
792 Sq Ft
$571/Sq Ft Est. Value

Last Sold October 03, 2023

Last sale price $390,000 $492 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,958/month

27 Days on Market

Highlights

  • Galley Kitchen
  • Open Floorplan
  • Hot Water Baseboard Heater

About This Home

As of October 2023

Can you find a condo that over 700 sqft of livable space in South Brooklyn for this price? introducing this spacious 792 sqft condo in the Gravesend neighborhood. The condo unit is located on the first floor featuring 1 huge bedroom, 1 full bathroom, 1 half bathroom, living room and dining combined, and an eat-in kitchen. The condo has an open layout with a high ceiling and hardwood floor throughout.

Eat-In Kitchen has granite countertops and a kitchen range hood which improve the ventilation. The condo also has 6 years of tax abatement. The property tax is $457 per year only! The HO fee is $266.52 including water, sewer, snow removal, and trash removal. It's conveniently located near Public transportation (F & N Train; B4 & b1 Bus), Shopping, fitness center, supermarket, and school. Just do a minor touch-up and make it to your dream home!

Last Agent to Sell the Property

Huan Lo

Homes R Us Realty of NY, Inc. License #10401313713 Listed on: 07/20/2023

Co-Listed By

Allan Zhu

Re/Max Edge License #10401306376

Last Buyer's Agent

Broker Non-MLS

MLS

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $457

Year Built

  • Built in 2007

Lot Details

  • 792 Sq Ft Lot

HOA Fees

  • $267 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 792 Sq Ft Home
  • Open Floorplan
  • Galley Kitchen

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bathroom is a Full Bathroom

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • 220 Volts

Community Details

  • Association fees include snow removal, water
  • Arcadia Condo Association

Listing and Financial Details

  • Legal Lot and Block 1001 / 07232
  • Assessor Parcel Number 07232-1001

Property Details

Home Type

Apartment

Est. Annual Taxes

$457

Year Built

Built in 2007

Lot Details

0

HOA Fees

$267 per month

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential
  • Lot Size Acres: 0.02
  • Lot Size: 792
  • Park Name: Jay Zhang
  • Co List Office Mls Id: o21226
  • Directions: Use GPS
  • Architectural Style: Other
  • Garage Yn: No
  • New Construction: No
  • Year Built Details: Approx
  • Year Built: 2007
  • General Property Info:Style2: Other
  • General Property Info:Public Remarks3: Can you find a condo that over 700 sqft of livable space in South Brooklyn for this price? introducing this spacious 792 sqft condo in the Gravesend neighborhood. The condo unit is located on the first floor featuring 1 huge bedroom, 1 full bathroom, 1 half bathroom, living room and dining combined, and an eat-in kitchen. The condo has an open layout with a high ceiling and hardwood floor throughout. Eat-In Kitchen has granite countertops and a kitchen range hood which improve the ventilation. The condo also has 6 years of tax abatement. The property tax is $457 per year only! The HO fee is $266.52 including water, sewer, snow removal, and trash removal. It's conveniently located near Public transportation (F & N Train; B4 & b1 Bus), Shopping, fitness center, supermarket, and school. Just do a minor touch-up and make it to your dream home!
  • ContractLocation Information:List PriceSqFt2: 505.05
  • General Property Info:Tax Abated: Yes
  • General Property Info:Year Built Description: Approx
  • General Property Info:Condition: Excellent
  • Appliances Refrigerators: Yes
  • General Property Info:HOA Fee: 266.52
  • General Property Info:Fee Paid: Monthly
  • Non Member Non Member Office: Momentum Real Estate
  • General Property Info Handicap Access: No
  • Special Features: None
  • Stories: 0
  • Year Built: 2007

Interior Features

  • Appliances: Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • General Property Info:Basement Type: None
  • Dining Room:Combination: Yes
  • Living Room:Combination2: Yes
  • Main Bath:Full Bath: Yes
  • Kitchen:Galley: Yes
  • Primary Bedroom Private Bath: Yes
  • General Property Info Basement Desc: None

Exterior Features

  • Construction Type: Brick
  • General Property Info:Waterview: No
  • Siding:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street
  • General Property Info:Garage Location: None
  • Parking:On Street: Yes

Utilities

  • Heating: Hot Water, Natural Gas
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer: City
  • General Property Info:No of Heating Units: 1.0
  • General Property Info:Air Conditioner: None
  • Sewer:City3: Yes
  • Electric:_two_20: Yes
  • Heat Source:Gas2: Yes
  • Heat System:Hot Water2: Yes
  • General Property Info Cable: Yes
  • General Property Info Cooling: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Name: Arcadia Condo
  • Association: Yes
  • General Property Info:HOA YN: Yes
  • General Property Info:HOA Name: Arcadia Condo
  • HOA Fee Includes:Snow Removal: Yes
  • HOA Fee Includes:Hot Water: Yes
  • General Property Info Managing Comp Name: Arcadia Condo
  • General Property Info Managing Comp Tel: 718-238-9879

Fee Information

  • Association Fee Includes: Snow Removal, Water

Lot Info

  • Lot Size Sq Ft: 792.0
  • Lot Size Units: Square Feet
  • Parcel #: 07232-1001
  • Zoning: R5
  • ResoLotSizeUnits: SquareFeet
  • General Property Info:Lot Size SqFt: 792.0
  • General Property Info:Lot Dim: 792

Rental Info

  • General Property Info Main Unit Lease: No

Tax Info

  • Tax Annual Amount: 456.96
  • Tax Block: 07232
  • Tax Lot: 1001
  • General Property Info:Taxes2: 456.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2025
Sold by
Huang Ai Ying and Wu Riben
Bought by
Wu Ri Ben
Current Estimated Value
$451,863

Purchase Details

Listed on
Jul 20, 2023
Closed on
Sep 28, 2023
Sold by
Huang Yue Xi and Li Kong Huai
Bought by
Huang Aiying and Wu Riben
Seller's Agent
Huan Lo
Homes R Us Realty of NY, Inc.
Buyer's Agent
Broker Non-MLS
MLS
List Price
$400,000
Sold Price
$390,000
Premium/Discount to List
-$10,000
-2.5%
Views
45

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.37%
Original Mortgage
$80,000
Outstanding Balance
$78,427
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$373,436

Purchase Details

Closed on
Dec 10, 2014
Sold by
Hrcf Iii - Shell Road Owner Llc and % Hudson Realty Capital Llc
Bought by
Huang Yue Xi and Li Kong Huai
Source: Public Records

Range of Values:

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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
Wu Ri Ben -- --
Huang Aiying $390,000 --
Huang Yue Xi $290,004 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Aiying $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2023 10/03/23 Sold $390,000 -2.5% $492 / Sq Ft
08/17/2023 08/17/23 Off Market $400,000 -- --
07/20/2023 07/20/23 For Sale $400,000 -- $505 / Sq Ft
Source: Staten Island Multiple Listing Service

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 $3,908 $25,349 $1,491 $23,858
2024 $3,908 $26,654 $1,491 $25,163
2023 $2,847 $23,556 $1,491 $22,065
2022 $1,828 $21,717 $1,491 $20,226
2021 $1,015 $20,217 $1,491 $18,726
2020 $1,015 $23,372 $1,491 $21,881
2019 $204 $24,601 $1,491 $23,110
2018 $198 $25,689 $1,328 $24,361
2017 $198 $26,729 $1,491 $25,238
2016 $194 $31,446 $1,491 $29,955
2015 -- $36,996 $1,491 $35,505
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2023

    Huan Lo

    Homes R Us Realty of NY, Inc.

    (347) 335-7946

    4 in this area

    294 Total Sales

    Huan Lo
    Section Image
  • Allan Zhu

    Seller Co-Listing Agent in 2023

    Allan Zhu

    RE/MAX

    (646) 318-2333

    6 in this area

    104 Total Sales

    Allan Zhu
    Section Image

  • B

    Buyer's Agent in 2023

    Broker Non-MLS

    MLS

See All Agents

Map

Source: Staten Island Multiple Listing Service

MLS Number: 1163254

Staten Island Multiple Listing Service

APN: 07232-1001

New York Kings County Brooklyn 11223 Gravesend

526 Avenue Z Unit 1A, Brooklyn, NY

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