NOT LISTED FOR SALE

54 Saint Nicholas Ave Unit 1B Brooklyn, NY 11237

Bushwick Neighborhood

Estimated Value: $524,000 - $603,000

1 Bed
1 Bath
515 Sq Ft
$346/mo HOA Fee

Last Sold August 10, 2023

Last sale price $547,000 $1,062 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,690/month

46 Days on Market

Highlights

  • Property is near public transit
  • 3-minute walk to Jefferson Street
  • Eat-In Kitchen
  • Wood Flooring
  • Granite Countertops
  • Window Unit Cooling System

About This Home

As of August 2023

This hidden gem 1BR apt is a corner unit with two sides of windows to fill the natural light. It is located in the quiet street of this playland we call Jefftown, Bushwick. It's an ultra rare pre-war condominium with low maintenance and tax. A spacious King size bedroom. The breakfast bar table is fully appointed with stainless steel appliances including dishwasher and microwave. Two brand new window A/C just installed. LED dimmer lights with beautiful hardwood floor throughout the apt. A deep soaking vintage bathtub will re-energize your body after a long day of hard work. Two big closets and soaring 9-foot ceilings. The Jefferson L train is a 2 minute walk. La Cantine has the best croissant and sandwich for your breakfast and lunch just right at the corner. A forefront of Brooklyn's hip and trendy restaurant & cafe culture. Diverse, culinary offerings range from Michelin star eateries to taquerias, beer gardens and bakeries. The area has become synonymous for its street art and cutting-edge galleries. Coined as "The Brooklyn Collective," murals are found throughout the neighborhood. Living here, you're just 18 minutes away from Union Square/Manhattan and get to see firsthand how Brooklynites live. Bushwick is located east of trendy Williamsburg, and voted 7th Coolest Neighborhood in the world by Vogue in 2014. Full of the world's most talented and a thriving creative community of artists, musicians, and more, Bushwick is the perfect place to call home and investment.

Last Agent to Sell the Property

Chien Lin

E Realty International Corp License #10401319104 Listed on: 05/05/2023

E Realty International Corp

Last Buyer's Agent

Non Member

NonMember

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,140

Year Built

  • Built in 1931 | Remodeled in 2008

Lot Details

  • Two or More Common Walls
  • Northwest Facing Home

HOA Fees

  • $346 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Entrance Foyer
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Kitchen in Efficiency Studio
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Ps 123 Suydam Elementary School
  • JHS 162 Willoughby Middle School
  • All City Leadership Secondary Sch High School

Additional Features

  • Property is near public transit
  • Window Unit Cooling System

Listing and Financial Details

  • Legal Lot and Block 1002 / 3200
  • Assessor Parcel Number 03200-1002

Community Details

Overview

  • Association fees include ground maintenance, exterior maintenance, sewer, snow removal, trash

Recreation

  • Park

Pet Policy

  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,140

Year Built

Built in 1931 | Remodeled in 2008

Lot Details

0

HOA Fees

$346 per month

Listing Details

  • Property Type: Residential
  • Architectural Style: Other
  • Property SubType: Condominium
  • Levels: One
  • Year Built: 1931
  • New Construction: No
  • Year Built Effective: 2008
  • Ownership: Condo
  • Subdivision Name: 54 Sain Nicholas Ave Con
  • Special Features: None
  • Property Sub Type: Condos
  • Year Renovated: 2008

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator, ENERGY STAR Qualified Refrigerator
  • Interior Amenities: Eat-in Kitchen, Efficiency Kitchen, Entrance Foyer, Granite Counters
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Basement: See Remarks
  • Inclusions: A/C Units,Dishwasher,Microwave,Refrigerator
  • Stories: 3
  • Entry Level: 1
  • Total Bedrooms: 1
  • AtticDescription: None

Exterior Features

  • Direction Faces: Northwest
  • Construction Materials: Brick
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Other
  • Sewer: Other
  • Water Source: Public
  • GarbageRemoval: Other
  • Hot Water: See Remarks

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Exterior Maintenance, Sewer, Snow Removal, Trash
  • Association Fee: 346
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • DevelopmentName: 54 Sain Nicholas Ave Con

Association/Amenities

  • Community Features: Park

Schools

  • Middle School: Jhs 162 Willoughby (The)

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Dimensions: 20x90
  • Lot Size Sq Ft: 1800
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 03200-1002
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Pets Allowed: Size Limit

Tax Info

  • Tax Annual Amount: 2139.96
  • Tax Block: 3200
  • Tax Lot: 1002
  • Tax Map Number: 03200-1002

MLS Schools

  • Elementary School: Ps 123 Suydam
  • High School: All City Leadership Secondary Sch
  • Middle School District: Brooklyn 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
Aug 10, 2023
Sold by
Fu Yu Wei and Fu Yu-Wei
Bought by
Moody Alexander
Seller's Agent
Chien Lin
E Realty International Corp
Buyer's Agent
Non Member
NonMember
List Price
$530,000
Sold Price
$547,000
Premium/Discount to List
$17,000
3.21%
Views
93
Current Estimated Value
$564,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,623
Avg. Annual Appreciation
1.22%
Original Mortgage
$374,500
Outstanding Balance
$367,771
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$191,670

Purchase Details

Closed on
Jul 13, 2017
Sold by
Friedman James
Bought by
Fu Yuwei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2008
Sold by
54 St Nicholas Avenue Llc
Bought by
Friedman James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Moody Alexander $547,000 --
Fu Yuwei $510,000 --
Friedman James $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moody Alexander $374,500
Previous Owner Fu Yuwei $400,000
Previous Owner Friedman James $56,997
Previous Owner Friedman James $6,806
Previous Owner Friedman James $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2023 08/10/23 Sold $547,000 +3.2% $1,062 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $530,000 -- $1,029 / Sq Ft
Source: OneKey® MLS

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
2024 $2,378 $18,177 $410 $17,767
2023 $2,268 $22,300 $410 $21,890
2022 $2,140 $20,562 $410 $20,152
2021 $2,218 $18,714 $410 $18,304
2020 $1,094 $22,769 $410 $22,359
2019 $2,064 $22,769 $410 $22,359
2018 $1,897 $9,307 $226 $9,081
2017 $1,790 $8,781 $230 $8,551
2016 $1,755 $8,781 $289 $8,492
2015 $999 $8,715 $326 $8,389
2014 $999 $8,222 $370 $7,852
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3476169

OneKey® MLS

APN: 03200-1002