NOT LISTED FOR SALE

552 Prospect Place Unit 5A Brooklyn, NY 11238

Crown Heights Neighborhood

Estimated Value: $1,061,000 - $1,434,445

2 Beds
2 Baths
994 Sq Ft
$389/mo HOA Fee

Last Sold June 28, 2021

Last sale price $1,265,000 $1,273 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $8,583/month

Highlights

  • Full Time Doorman
  • 4-minute walk to Park Place (S Line)
  • New Kitchen
  • New Construction
  • New Bathroom
  • 5-minute walk to Stroud Playground

About This Home

As of June 2021

This home is located at 552 Prospect Place Unit 5A, Brooklyn, NY 11238 since 13 April 2021 and is currently estimated at $1,286,361, approximately $1,294 per square foot. This property was built in 2020. 552 Prospect Place Unit 5A is a home located in Kings County with nearby schools including Brooklyn Arts and Science Elementary School, Ebbets Field Middle School, and Explore Exceed Charter Lower School.

Last Agent to Sell the Property

Deborah Rieders

Corcoran Group License #30RI0955004 Listed on: 04/13/2021

Corcoran Group

Co-Listed By

Sarah Shuken

Corcoran Group License #10301210822

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,904

Year Built

  • Built in 2020 | New Construction

Lot Details

  • North Facing Home
  • Property is in excellent condition

HOA Fees

  • $389 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 994 Sq Ft Home
  • Sponsor Unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • New Bathroom
  • 2 Full Bathrooms

Additional Features

  • New Kitchen
  • Terrace
  • Central Air

Listing and Financial Details

  • Tax Block 1163

Community Details

Overview

  • 22 Units
  • 1 Elevator
  • Prospect Heights Subdivision
  • 6-Story Property

Amenities

  • Full Time Doorman
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,904

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$389 per month

Listing Details

  • Cross Street: Classon Avenue & Franklin Avenue
  • Exposures: North
  • SponsorUnitYN: Yes
  • BuildingRules: BuildingWasherDryerAllowed
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Prospect Heights
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Washer Dryer
  • Equipment (Other): Intercom
  • Living Area: 994.0
  • Living Area Units: Square Feet
  • Kitchen Condition: New

Beds/Baths

  • Bathroom Condition: New
  • Bathrooms Total: 2
  • Full Bathrooms: 2
  • Bedrooms: 2

Exterior Features

  • Patio/Porch Features: Terrace
  • Property Condition: Excellent

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 389.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 131.0 x 58.0

Building Info

  • New Construction: Yes
  • New Development: Yes
  • Elevators: 1
  • Units: 22
  • Total Stories: 6
  • Year Built: 2020
  • Roof Rights: No
  • Lobby Attendance Type: DoormanFullTime, Virtual Doorman

Tax Info

  • Tax Block: 1163
  • Building Tax Lot: 27
  • Tax Annual: 11904.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2021
Closed on
Jun 28, 2021
Sold by
554 Prospect Place Llc
Bought by
Beman Christopher and Freeman-Beman Latoya
Seller's Agent
Deborah Rieders
Corcoran Group
List Price
$1,265,000
Sold Price
$1,265,000
Current Estimated Value
$1,254,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,263
Avg. Annual Appreciation
0.04%
Original Mortgage
$1,062,600
Outstanding Balance
$968,315
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$298,742

Purchase Details

Closed on
Aug 5, 2008
Sold by
Bustani Diogo
Bought by
Stoller Barbara and Stoller David
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
Beman Christopher $1,265,000 --
Stoller Barbara $950,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beman Christopher $1,062,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $1,265,000 0.0% $1,273 / Sq Ft
04/13/2021 04/13/21 Pending -- -- --
04/13/2021 04/13/21 For Sale $1,265,000 -- $1,273 / 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 $15,882 $131,789 $14,519 $117,270
2024 $15,882 $136,392 $14,519 $121,873
2023 $15,101 $127,852 $14,519 $113,333
2022 $14,789 $123,649 $14,519 $109,130
2021 $13,213 $111,881 $14,519 $97,362
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10733843

Real Estate Board of New York (REBNY)

APN: 01163-1017