NOT LISTED FOR SALE

54 Martense St Unit 4A Brooklyn, NY 11226

Flatbush Neighborhood

Estimated Value: $530,000 - $760,000

1 Bed
1 Bath
574 Sq Ft
$240/mo HOA Fee

Last Sold August 12, 2022

Last sale price $595,000 $1,037 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,904/month

About This Home

As of August 2022

On a quiet residential street at the nexus of Prospect Lefferts Gardens and Prospect Park South lies the beautifully restored and expanded 54 Martense Street. Eight oversized 1-bedroom condo apartments in a stately and thoughtfully-designed historic townhouse are spread across four floors. Each features incredible light, unexpectedly high ceilings, hardwood floors, designer kitchens and baths, in-unit washer/dryers and oversized windows.

This top-floor unit has exceptionally high 12' ceilings and two private outdoor spaces - a terrace off of the loft-like living area, and a 500 square foot private roof deck. Let light in, exhibit your largest works of art, and keep everything stored away in endless closets. The possibilities abound in this truly remarkable 1-bedroom unit.

Most of the units also include private outdoor space ranging from a private garden, to spacious terraces, to large private roofdecks with views for the top floor units. Change this paragraph for each unit (Unit 1A is efficiently designed with high ceilings and oversized windows, this unit faces leafy and wide Martense Street from its elevated vantage point and great street separation afforded by a large front yard. It features multiple spacious closets and is priced to sell.) Kitchens include Bosch stainless steel appliances, extra deep sinks, Quartz countertops, and modern custom cabinetry. Bathrooms offer extra-deep soaking tubs, floor-to-ceiling subway tiling, custom vanities, and radiant heated flooring. In-unit Fisher Paykel washers and dryers and central heating and cooling systems with multiple zones afford the ultimate in luxury, comfort, and convenience. Almost every unit also includes a private storage unit in the basement plus additional storage for bikes. 54 Martense is located on a leafy and peaceful block close to the conveniences of Flatbush Avenue, as well as the restaurants, stores and amenities of Prospect Lefferts Gardens. Prospect Park South and Ditmas Park are near as well, and the magnificent Prospect Park is only a few blocks away. Transportation abounds with multiple bus lines, subway stations, and CitiBike docks all within close proximity. Near a plethora of grocery stores, cafes, restaurants, and parking garages, you'll have everything you need for an incredible price and low monthly charges, all an easy commute to Manhattan and Downtown Brooklyn.

Last Agent to Sell the Property

Deborah Rieders

Corcoran Group License #30RI0955004 Listed on: 03/02/2022

Corcoran Group

Co-Listed By

Sarah Shuken

Corcoran Group License #10301210822

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,376

Year Built

  • Built in 2021 | New Construction

HOA Fees

  • $240 Monthly HOA Fees

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 574 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Outdoor Features

  • Terrace

Community Details

  • 8 Units
  • Flatbush Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,376

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$240 per month

Listing Details

  • Cross Street: MARTENSE COURT and BEDFORD AVENUE
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Flatbush
  • Entry Level: 4
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 574.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 240.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: Yes
  • Units: 8
  • Total Stories: 4
  • Year Built: 2021

Tax Info

  • Tax Block: NA
  • Tax Annual: 2376.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2022
Closed on
Aug 12, 2022
Sold by
54 Martense Llc
Bought by
Grube Brynda M
Seller's Agent
Deborah Rieders
Corcoran Group
List Price
$650,000
Sold Price
$595,000
Premium/Discount to List
-$55,000
-8.46%
Current Estimated Value
$646,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,258
Avg. Annual Appreciation
1.01%
Original Mortgage
$535,500
Outstanding Balance
$511,965
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$102,388
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
Grube Brynda M $595,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grube Brynda M $535,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2022 08/12/22 Sold $595,000 -8.5% $1,037 / Sq Ft
03/02/2022 03/02/22 For Sale $650,000 -- $1,132 / 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 $3,303 $63,264 $12,834 $50,430
2024 $3,303 $59,345 $12,834 $46,511
2023 $3,001 $73,145 $12,834 $60,311
2022 $2,771 $71,896 $12,834 $59,062
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10789972

Real Estate Board of New York (REBNY)

APN: 05089-1007