NOT LISTED FOR SALE

54 Martense St Unit 4B Brooklyn, NY 11226

Flatbush Neighborhood

Estimated Value: $614,000 - $716,000

1 Bed
1 Bath
705 Sq Ft
$302/mo HOA Fee

Last Sold August 25, 2022

Last sale price $690,000 $979 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,224/month

47 Days on Market

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. 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.
This fantastically sized top-floor unit has grand proportions and two exceptional private outdoor spaces. A balcony off of the living area faces south and lets in incredible light, and a private roof deck spans 600 square feet and offers nothing but wide-open views of the roofs of Brooklyn. Indulge your green thumb or entertain to your heart's delight all year round.
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.

Complete terms of the offering are available in an Offering Plan from the sponsor. CD 20-0314

Last Agent to Sell the Property

Deborah Rieders

Corcoran Group License #30RI0955004 Listed on: 01/03/2022

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,408

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 2,831

HOA Fees

  • $302 Monthly HOA Fees

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 705 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Outdoor Features

  • Balcony

Community Details

  • 8 Units
  • Flatbush Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,408

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$302 per month

Listing Details

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

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 705.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 302.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

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

Tax Info

  • Tax Block: NA
  • Tax Annual: 3408.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2022
Closed on
Aug 24, 2022
Sold by
54 Martense Llc
Bought by
Kerker Mackenzie Alan and Zhang Jingxuan
Seller's Agent
Deborah Rieders
Corcoran Group
List Price
$725,000
Sold Price
$690,000
Premium/Discount to List
-$35,000
-4.83%
Views
2
Current Estimated Value
$681,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,512
Avg. Annual Appreciation
-0.41%
Original Mortgage
$552,000
Outstanding Balance
$526,500
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$154,589
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
Kerker Mackenzie Alan $702,592 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kerker Mackenzie Alan $552,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2023 01/03/23 Off Market $690,000 -- --
08/25/2022 08/25/22 Sold $690,000 -4.8% $979 / Sq Ft
03/07/2022 03/07/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $725,000 -- $1,028 / 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 $4,159 $79,656 $16,160 $63,496
2024 $4,159 $74,723 $16,160 $58,563
2023 $3,778 $92,098 $16,160 $75,938
2022 $3,489 $90,525 $16,160 $74,365
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10800175

Real Estate Board of New York (REBNY)

APN: 05089-1008