NOT LISTED FOR SALE

560 7th Ave Unit 1 Brooklyn, NY 11215

South Slope Neighborhood

Estimated Value: $601,000 - $796,000

1 Bed
1 Bath
767 Sq Ft
$400/mo HOA Fee

Last Sold February 08, 2018

Last sale price $485,000 $632 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,291/month

Highlights

  • Intercom
  • Central Air
  • 2-minute walk to Detective Joseph Mayrose Park
  • Magnet School of Math Science & Design Technology Rated A
  • Laundry Facilities

About This Home

As of January 2019

Apartment: This open and sunny home has it all. This practical open layout really works featuring two exposures that provide sunlight and cross ventilation. There is a spacious open kitchen and living room area and a generously sized bedroom that is thoughtfully located at the back of the apartment. Enjoy an eat-in-kitchen that is open featuring maple cabinetry, stainless steel GE Profile appliances and Silestone quartz counter tops. The bathroom is attractively tiled with plenty of storage space and a coveted window. This home comes fully equipped with central A/C and heating, washer/dryer, hardwood floors, ceiling fans, double bedroom closet, coat closet, and a video intercom system.

Investment Opportunity: This is a great price point for an investment property. Rental of $2500+/- per month.

Building: Boutique elevator condominium on 7th Avenue offering 11 units, six stories and built in 2004 with very low monthly expenses and a 15-year left on the tax abatement ending in 2032. Easy to get financing as all units are owner occupied. A private storage unit is available and all residents enjoy a common herb garden and small outdoor inner courtyard area where summer barbecues often take place.

Location: Located near all that 7th Avenue, 5th Avenue, and Park Slope have to offer. The F/G and the R Trains are all within close proximity or hop on two different bus lines that arrive every five minutes to take you to the Seventh Ave Station. Manhattan is less than five minutes away via Brooklyn Battery Tunnel. Enjoy Prospect Park, Historical Greenwood Cemetery and Greenwood Park - a 13,000 square foot indoor / outdoor restaurant, bar, beer garden and event space across the street.

Last Agent to Rent the Property

Michael Hartman

Corcoran Group License #10401281337 Listed on: 11/09/2018

Corcoran Group

Co-Listed By

Jessica Caputo

Corcoran Group License #10401238374

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $104

Year Built

  • Built in 2007

HOA Fees

  • $400 per month

Home Design

  • 767 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air

Listing and Financial Details

  • Property Available on 11/24/18
  • Tax Block 886

Community Details

Overview

  • 11 Units
  • Highpoint, The Condos
  • Park Slope Subdivision
  • 6-Story Property

Amenities

  • Laundry Facilities

Condo Details

Home Type

Condominium

Est. Annual Taxes

$104

Year Built

Built in 2007

Lot Details

0

HOA Fees

$400 per month

Rental Info

  • Available Date: 2018-11-24

Listing Details

  • Cross Street: 19th Street & 20th Street
  • Exposures: East,West
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Park Slope
  • Entry Level: 1
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Equipment (Other): Intercom
  • Living Area: 767.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 72.0 x 50.0

Building Info

  • New Construction: No
  • Building Name: Highpoint, The
  • Units: 11
  • Total Stories: 6
  • Year Built: 2007

Tax Info

  • Tax Block: 886

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2017
Closed on
Feb 8, 2018
Sold by
Demarco Barbara
Bought by
Chu Kathy
Seller's Agent
Julie Cohen
Compass
List Price
$485,000
Sold Price
$485,000
Current Estimated Value
$712,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,485
Avg. Annual Appreciation
5.23%
Original Mortgage
$331,950
Outstanding Balance
$282,421
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$430,064

Purchase Details

Closed on
Jun 21, 2007
Sold by
Kings Seventh Avenue Llc
Bought by
Demarco Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
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
Chu Kathy $485,000 --
Demarco Barbara $355,000 --
Demarco Barbara $355,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chu Kathy $331,950
Previous Owner Demarco Barbara Enid $25,000
Previous Owner Demarco Barbara $7,241
Previous Owner Demarco Barbara $8,889
Previous Owner Demarco Barbara $284,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2022 04/20/22 Off Market $485,000 -- --
01/01/2019 01/01/19 Rented -- -- --
12/02/2018 12/02/18 Under Contract -- -- --
11/10/2018 11/10/18 For Rent $2,450 -1.0% --
04/27/2018 04/27/18 Rented -- -- --
03/28/2018 03/28/18 Under Contract -- -- --
03/09/2018 03/09/18 For Rent $2,475 0.0% --
02/08/2018 02/08/18 Sold $485,000 0.0% $746 / Sq Ft
01/09/2018 01/09/18 Pending -- -- --
08/09/2017 08/09/17 For Sale $485,000 -- $746 / 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 $104 $58,815 $7,483 $51,332
2024 $104 $62,733 $7,483 $55,250
2023 $102 $57,969 $7,483 $50,486
2022 $102 $52,036 $7,483 $44,553
2021 $102 $47,160 $7,483 $39,677
2020 $50 $53,671 $7,483 $46,188
2019 $105 $54,516 $7,483 $47,033
2018 $106 $49,499 $7,483 $42,016
2017 $106 $45,608 $7,482 $38,126
2016 $107 $39,830 $7,483 $32,347
2015 $84 $33,910 $7,482 $26,428
2014 $84 $39,408 $7,483 $31,925
Source: Public Records

Agents Affiliated with this Home

  • Michael Hartman

    Landlord's Agent in 2019

    Michael Hartman

    Corcoran Group

    (310) 766-3909

    2 in this area

    12 Total Sales

    Michael Hartman
    Section Image
  • Jessica Caputo

    Landlord's Co-Listing Agent in 2019

    Jessica Caputo

    Corcoran Group

    (917) 745-7578

    2 in this area

    6 Total Sales

    Jessica Caputo
    Section Image
  • Julie Cohen

    Seller's Agent in 2018

    Julie Cohen

    Compass

    (917) 885-3365

    2 in this area

    42 Total Sales

    Julie Cohen
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10501555

Real Estate Board of New York (REBNY)

APN: 00886-1107

New York Kings County Brooklyn 11215 South Slope

560 7th Ave Unit 1, Brooklyn, NY

This home is located at 560 7th Ave Unit 1, Brooklyn, NY 11215 since 09 November 2018 and is currently priced at $712,485. This property was built in 2007. 560 7th Ave Unit 1 is a home located in Kings County with nearby schools including Magnet School of Math Science & Design Technology, Hellenic Classical Charter School - Park Slope, and Al-Noor School.

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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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