NOT LISTED FOR SALE

531 Vanderbilt Ave Unit 1-C Brooklyn, NY 11238

Clinton Hill Neighborhood

Estimated Value: $1,110,000 - $1,495,000

2 Beds
1.5 Baths
967 Sq Ft
$598/mo HOA Fee

Last Sold December 05, 2018

Last sale price $940,000 $972 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $8,266/month

Highlights

  • Entrance Foyer
  • 3-minute walk to Clinton-Washington Avenues (A,C Line)
  • 2-minute walk to Gateway Triangle
  • P.S. 11 Purvis J Behan Rated A+

About This Home

As of December 2018

A rare duplex condo with 700 square feet of outdoor space spread over two levels and a flexible floor plan with endless possibilities at the crossroads of Clinton Hill, Fort Greene, and Prospect Heights. The upper floor of this immaculate home features gorgeous oak herringbone floors, a beautiful kitchen conveniently adjacent to the living/dining room equipped with granite countertops, a Bertazzoni cook top and oven, Bosch integrated dishwasher, and a Fisher Paykel fridge, an attractive full bathroom with a deep soaking tub, and a bedroom that can also function as a home office. Down a dramatic, modern, wood and steel staircase, the tremendous lower level with both powder and laundry rooms can be used as an additional living area or another bedroom, and leads to the patio and upper grassy area of this mint-condition home. Recessed lighting, thermostat controlled ductless AC, and radiant heated floors in many rooms are throughout. 531 Vanderbilt is a pet-friendly, boutique condominium with a video intercom, storage, and bicycle room. With some of Brooklyn?s hottest restaurants, cocktail lounges, retail, the Barclay?s Center, Atlantic Terminal, and several subway lines nearby, this excellent location is perfect for both lifestyle and convenience. *Please note: The $833 monthly taxes represent what they would be after qualifying for the NYC Coop/Condo Abatement (must be the owner's primary residence). Otherwise, the monthly taxes would be $901.

Last Agent to Sell the Property

Gregory Mire

Compass License #30MI1000085 Listed on: 09/10/2018

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,916

Year Built

  • Built in 2015

Lot Details

  • 3,528

HOA Fees

  • $598 Monthly HOA Fees

Interior Spaces

  • 967 Sq Ft Home
  • Entrance Foyer

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Community Details

  • Clinton Hill Subdivision
  • 7-Story Property

Listing and Financial Details

  • Legal Lot and Block 6 / 2010

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,916

Year Built

Built in 2015

Lot Details

0

HOA Fees

$598 per month

Listing Details

  • Cross Street: Fulton Street/Atlantic Avenue
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: Clinton Hill
  • Entry Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Interior Features: Entrance Foyer
  • Appliances: Dryer, Washer
  • Living Area: 967.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Integer: 2
  • Bedrooms: 2

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 598.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 7
  • Year Built: 2015

Tax Info

  • Tax Block: 2010
  • Tax Lot: 6
  • Tax Annual: 8916.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2019
Sold by
The Board Of Managers Of The 531 Vander
Bought by
539 Vanderbilt Partners Llc and 550 Clinton Partners Llc
Current Estimated Value
$1,190,928

Purchase Details

Listed on
Sep 10, 2018
Closed on
Dec 5, 2018
Sold by
531 Vanderbilt Avenue 1C Llc
Bought by
Chou Evan
Seller's Agent
Gregory Mire
Compass
List Price
$940,000
Sold Price
$940,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.54%
Original Mortgage
$705,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 25, 2015
Sold by
Kim Demy Yung J Lee and Kim Imchol
Bought by
531 Vanderbilt Ave 1C Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,750
Interest Rate
3.88%

Purchase Details

Closed on
Oct 22, 2015
Sold by
Vanderbilt Upreal Llc
Bought by
Demy Kim Imchol and Demy Yung J Lee Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,750
Interest Rate
3.88%
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
539 Vanderbilt Partners Llc $274,645 --
Chou Evan $940,000 --
531 Vanderbilt Ave 1C Llc -- --
Demy Kim Imchol $840,056 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chou Evan $20,433
Open Chou Evan $697,000
Closed Chou Evan $11,996
Previous Owner Chou Evan $705,000
Previous Owner Demy Kim Imchol $618,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2018 12/05/18 Sold $940,000 0.0% $972 / Sq Ft
09/10/2018 09/10/18 For Sale $940,000 -- $972 / Sq Ft
09/10/2018 09/10/18 Pending -- -- --
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 $13,097 $119,354 $17,024 $102,330
2024 $13,097 $119,995 $17,024 $102,971
2023 $9,374 $109,195 $17,024 $92,171
2022 $8,925 $103,199 $17,024 $86,175
2021 $8,257 $97,387 $17,024 $80,363
2020 $3,925 $94,046 $17,024 $77,022
2019 $7,889 $89,196 $17,024 $72,172
2018 $10,811 $86,816 $17,024 $69,792
2017 $10,495 $82,514 $17,024 $65,490
2016 $7,505 $58,213 $17,024 $41,189
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10426182

Real Estate Board of New York (REBNY)

APN: 02010-1103