NOT LISTED FOR SALE

Estimated Value: $722,000 - $805,000

-- Bed
1 Bath
512 Sq Ft
$510/mo HOA Fee

Last Sold June 01, 2021

Last sale price $675,000 $1,318 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,714/month

121 Days on Market

Highlights

  • New Construction
  • 1-minute walk to Pacific Street
  • Pre War Building
  • P.S. 38 The Pacific School Rated A-
  • River View
  • Terrace

About This Home

As of June 2021

Immediate Occupancy!







Residence 201 is an impeccably designed 512 square foot studio home with an expansive 170 square foot terrace. The terrace is complete with gas grill, running water and electricity offering enormous potential for outdoor living and landscaping.







Modern interiors by internationally acclaimed Architects of ODA New York and Ryoko Okada have crafted exquisite spaces to delight both residents and guests. Cascading terraces create multitudes of windows and outdoor spaces, abundant natural light, and various living options to choose from. The residences offer oversized windows with high sounds attenuation, 7 wide European white oak plank flooring. Kitchens are outfitted with rite-cut white oak cabinets in a fumed and oiled finish with custom hardware, Brazilian quartz countertops and full height backsplash, appliances package include custom paneled Bosch refrigerator and freezer and electric wall oven, 4-burner gas cooktop, and custom paneled dishwasher and under-counter microwave drawer. Luxurious primary baths extend a spa like experience with Bianco real honed marble walls and floors, Calacatta, ultima marble accent walls with elegant Nero Marquina detailing, custom white oak vanity with honed calacatta ultima marble countertops, signature undermount washbasin, waterworks fixtures and fittings in chrome finish, signature water closet and waterworks accessories in polished nickel finish. Residences also include a Bosch washer and dryer.







Located at 561 Pacific Street, Boerum Hill is surrounded by the coveted neighborhoods of Carroll Gardens, Cobble Hill, Downtown Brooklyn, Fort Greene and Park Slope. Five Six One Pacific is moments away from all the major subway lines as well as the Long Island Railroad (LIRR). World-renowned architect ODA and award winning interior designer Ryoko Okada deliver a masterpiece to this historic neighborhood and brownstone tree lined block. The Exterior features A Japanese-inspired wooden screen marks the discreet entrance of Five Six One Pacific. Step inside the lobby, attended by a twenty-four hour, seven days a week concierge, and be transported by the sublime materials composing sophisticated interiors. Wood paneling, lush green living walls, and abundant natural light spilling in from the inner courtyard all blend together to create a warm and welcoming entry. Three floors of amenities encourage residents to relax, socialize and unwind. A private fitness center, childrens playroom, and residents lounge open up onto a light-filled courtyard. Travel to the top of the building to access a spacious roof deck and enjoy the rhythm of the neighborhood from a birds eye view. Pet spa, Bike storage, Laundry room and on-site parking complete the carefully crafted suite of amenities. Five Six One Pacific offers a range Studio to Penthouse residences in one of the most desirable neighborhoods in Brooklyn.







Be one of the first to live in this luxury condominium. For more information please contact us today to schedule a private showing.







The complete offering terms are available in an offering plan available from Sponsor. File number CD17-0362.

Last Agent to Sell the Property

Tamir Shemesh

Nest Seekers LLC License #30SH0853809 Listed on: 11/24/2020

Nest Seekers LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,516

Year Built

  • Built in 2020 | New Construction

Lot Details

  • West Facing Home
  • Garden

HOA Fees

  • $510 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Pre War Building

Interior Spaces

  • 1 Full Bathroom
  • 512 Sq Ft Home
  • New Windows
  • River Views

Laundry

  • Dryer
  • Washer

Additional Features

  • Terrace
  • No Cooling

Community Details

  • 561 Pacific Condos
  • Boerumhl Subdivision
  • 12-Story Property

Listing and Financial Details

  • Tax Block 186

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,516

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$510 per month

Listing Details

  • Cross Street: 4th Avenue
  • Exposures: West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: BOERUMHL
  • Architectural Style: Prewar
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 512.0
  • Living Area Units: Square Feet
  • Rooms (Total): 2
  • Window Features: New Windows

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Exterior Features

  • View: River
  • View: Yes
  • Exterior Features: Garden
  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 510.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Building Name: 561 PACIFIC
  • Total Stories: 12
  • Year Built: 2020

Tax Info

  • Tax Block: 186
  • Tax Annual: 6516.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2020
Closed on
Jun 1, 2021
Sold by
561 Pacific Street Owner Llc
Bought by
Baccellieri Paul J and Baccellieri Nadine P
Seller's Agent
Tamir Shemesh
Nest Seekers LLC
List Price
$675,000
Sold Price
$675,000
Current Estimated Value
$761,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,190
Avg. Annual Appreciation
2.85%
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Baccellieri Paul J $682,354 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deutsche Bankag New York Branch $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2022 04/20/22 Off Market $675,000 -- --
06/01/2021 06/01/21 Sold $675,000 0.0% $1,318 / Sq Ft
11/24/2020 11/24/20 For Sale $675,000 -- $1,318 / 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 $13,064 $102,021 $5,860 $96,161
2024 $13,064 $104,493 $5,860 $98,633
2023 $14,648 $119,410 $5,860 $113,550
2022 $10,810 $88,418 $5,860 $82,558
2021 $9,713 $79,222 $5,860 $73,362
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10684852

Real Estate Board of New York (REBNY)

APN: 00186-1203