NOT LISTED FOR SALE

557 Atlantic Ave Unit 5DS Brooklyn, NY 11217

Boerum Hill Neighborhood

Estimated Value: $1,158,000 - $1,246,000

2 Beds
2 Baths
-- Sq Ft
$911/mo HOA Fee

Last Sold October 23, 2021

Last sale price $995,000

Est. 22% increase in value since last sale

Current estimated payment $8,372/month

48 Days on Market

Highlights

  • Balcony
  • 2-minute walk to Pacific Street
  • Garage
  • P.S. 38 The Pacific School Rated A-
  • Central Air
  • 3-minute walk to North Pacific Playground

About This Home

As of October 2021

Welcome home! Unit 5DS is a stunning southern facing two bedroom, two bathroom apartment that features hardwood floors throughout, natural light from multiple exposures, a generous layout with two oversized bedrooms and a Juliet balcony. The well-appointed kitchen overlooks the open living/dining floor plan and is well equipped with ample storage and counter space. It features custom cabinetry, granite countertops and stainless steel appliances. The island overlooking the living and dining area is perfect for entertaining! A full dining table still leaves plenty of space for a spacious living area. Completing this space is a wall of oversized windows and the Juliet balcony and a central full-bath. Both bedrooms are generously sized (large enough to fit king size beds) and feature city-quiet windows. The primary bedroom features light streaming in from two exposures, an en-suite bath and walk-in closet. Additional amenities include in-unit washer/dryer and central HVAC units.

556 State Street is a sought-after elevator building featuring a 24-hour doorman, bicycle storage, shared gym and courtyard, live-in super and parking is available on-site for rent. Convenience and suburban living collide with the best of Brownstone Brooklyn just outside your front door along with the train lines at Atlantic Terminal, the Apple Store, 365 Whole Foods and shops and restaurants galore!

Last Agent to Sell the Property

Courtney Klein

Compass License #10401234820 Listed on: 06/17/2021

Compass

Co-Listed By

Abigail Palanca

Serhant License #10401246167

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,272

Year Built

  • Built in 2009

HOA Fees

  • $911 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 5th floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Balcony
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7502 / 180

Community Details

Overview

  • Boerum Hill Subdivision
  • 8-Story Property

Amenities

  • Courtyard

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,272

Year Built

Built in 2009

Lot Details

0

HOA Fees

$911 per month

Listing Details

  • Cross Street: 3rd Avenue/4th Avenue
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Boerum Hill
  • Entry Level: 5
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Appliances: Dryer, Washer
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Building Courtyard, Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 911.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 8
  • Year Built: 2009

Tax Info

  • Tax Block: 180
  • Tax Lot: 7502
  • Tax Annual: 4272.0

Range of Values:

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Average Value
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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

Mortgage History

Date Status Borrower Loan Amount
Closed Rastogi Shobit $612,000
Closed Rastogi Shobit $76,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2021 10/23/21 Sold $995,000 0.0% --
08/06/2021 08/06/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $995,000 -- --
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 $12,172 $119,301 $8,947 $110,354
2024 $12,172 $110,491 $8,947 $101,544
2023 $9,219 $102,970 $8,947 $94,023
2022 $6,712 $104,785 $8,947 $95,838
2021 $4,219 $82,532 $8,947 $73,585
2020 $3,164 $91,373 $8,947 $82,426
2019 $289 $90,512 $8,947 $81,565
2018 $292 $80,346 $8,947 $71,399
2017 $292 $73,661 $8,916 $64,745
2016 $296 $63,389 $8,916 $54,473
2015 $231 $51,899 $8,915 $42,984
2014 $231 $49,406 $8,916 $40,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10028374

Real Estate Board of New York (REBNY)

APN: 00180-1220