NOT LISTED FOR SALE

531 Vanderbilt Ave Unit 2B Brooklyn, NY 11238

Clinton Hill Neighborhood

Estimated Value: $738,000 - $823,000

1 Bed
1 Bath
568 Sq Ft
$291/mo HOA Fee

Last Sold October 21, 2021

Last sale price $632,000 $1,113 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,012/month

29 Days on Market

About This Home

As of October 2021

At the nexus of Clinton Hill, Fort Greene, and Prospect Heights stands 531 Vanderbilt Avenue, a recently developed boutique condominium building at the center of it all. Facing bucolic rear gardens, Unit 2B offers an efficient layout with a queen-sized bedroom, rich herringbone oak flooring, generous closet space, and your own in-unit stacked LG washer/dryer. The kitchen features white woodgrain cabinetry, Viscon White granite countertop, and stainless steel appliances from Fisher & Paykel, Bertazzoni, and Bosch. The soothing earth-toned bathroom includes a soaking tub with rain shower and radiant heated floors. A ductless split HVAC system provides efficient mulit-zone heating and cooling.

531 Vanderbilt Avenue Condominium features a large elevator, storage room, and video intercom system. Within a few blocks enjoy Olmsted, Maison Yaki, Faun, Chuko, Emily, and Locanda Vini & Olii. Convenient shopping is nearby at Target and Stop & Shop. Abundant subway options begin with the C train at Clinton-Washington located around the corner. The G train at Clinton-Washington is a few blocks away as are the 2, 3, 4, 5, B, D, N, Q, and R trains at Atlantic Avenue-Barclays Center, where you can also catch the LIRR.

Last Agent to Sell the Property

Jay Katz

Corcoran Group License #30KA0840817 Listed on: 06/30/2021

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,376

Year Built

  • Built in 2015

Lot Details

  • 3,528

HOA Fees

  • $291 Monthly HOA Fees

Home Design

  • 568 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Community Details

  • 18 Units
  • Five31 Condos
  • Clinton Hill Subdivision
  • 7-Story Property

Listing and Financial Details

  • Tax Block 2010

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,376

Year Built

Built in 2015

Lot Details

0

HOA Fees

$291 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Clinton Hill
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 568.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 291.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: FIVE31
  • Units: 18
  • Total Stories: 7
  • Year Built: 2015

Tax Info

  • Tax Block: 2010
  • Tax Annual: 5376.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2021
Closed on
Oct 21, 2021
Sold by
531 Vanderbilt 2B Llc
Bought by
Leung Andrew and Leungchaikul Andrew
Seller's Agent
Jay Katz
Corcoran Group
List Price
$650,000
Sold Price
$632,000
Premium/Discount to List
-$18,000
-2.77%
Current Estimated Value
$770,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,289
Avg. Annual Appreciation
5.25%
Original Mortgage
$505,600
Outstanding Balance
$463,569
Interest Rate
2.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$306,720

Purchase Details

Listed on
Jan 9, 2020
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
Sold Price
$2,550

Purchase Details

Closed on
Sep 22, 2015
Sold by
Vanderbilt Upreal Llc
Bought by
531 Vanderbilt 2B Llc
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
Leung Andrew $632,000 --
539 Vanderbilt Partners Llc $274,645 --
531 Vanderbilt 2B Llc $549,855 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leung Andrew $505,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2021 10/21/21 Sold $632,000 -2.8% $1,113 / Sq Ft
07/30/2021 07/30/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $650,000 0.0% $1,144 / Sq Ft
01/09/2020 01/09/20 For Rent $2,550 -- --
01/09/2020 01/09/20 Rented -- -- --
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 $6,388 $58,211 $8,303 $49,908
2024 $6,388 $58,523 $8,303 $50,220
2023 $4,572 $53,255 $8,303 $44,952
2022 $4,353 $50,332 $8,303 $42,029
2021 $5,297 $47,497 $8,303 $39,194
2020 $5,293 $45,868 $8,303 $37,565
2019 $5,307 $43,502 $8,303 $35,199
2018 $5,273 $42,341 $8,303 $34,038
2017 $5,119 $40,243 $8,303 $31,940
2016 $3,660 $28,391 $8,303 $20,088
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10729257

Real Estate Board of New York (REBNY)

APN: 02010-1105