NOT LISTED FOR SALE

572 Saint Marks Ave Unit 2 Brooklyn, NY 11216

Crown Heights Neighborhood

Estimated Value: $1,297,000 - $1,504,000

2 Beds
2 Baths
1,103 Sq Ft
$324/mo HOA Fee

Last Sold June 11, 2019

Last sale price $1,060,000 $961 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $7,623/month

118 Days on Market

Highlights

  • Rooftop Deck
  • 4-minute walk to Park Place (S Line)
  • Cooling Available
  • Pre War Building
  • Intercom
  • Laundry Facilities

About This Home

As of June 2019

Contract fell through, back on market! Apartment 2 at 572 Saint Marks Avenue is a brand new, 1103sf two-bedroom, two-bath luxury apartment in an impeccably restored boutique Brownstone condominium building.Exceptionally high ceilings, wide-plank red oak floors with sound-proofing, laundry in-unit, Pella windows and doors, Cedar & Moss lighting fixtures, Mitsubishi split-system HVAC, Rheem high-efficiency water tank with mobile app control, Bose and Sonos audio system, spray-in insulation for great energy efficiency. Private 52.25sf storage room in cellar. Shared access to large, stone-paved roof deck.Chef's kitchen features Leicht custom cabinetry, top-of-line Bertazzoni stove and hood, Bosch Benchmark series in-panel refrigerator, Bosch dishwasher, Caesarstone counters and custom table and benches. Kitchen opens to extra-deep dining and living area featuring Hearth Cabinets ventless fireplace with marble surround.Spacious Master Bedroom (approx 16'9" x 9'8") opens to large walk-in closet leading to spacious en-suite master bath with freestanding Signature Hardware soaking tub, separate shower, top-of-line fixtures, ample double-vanity sink. Second bath features top-of-line fixtures and cast-iron Kohler tub. Sound proofing materials used in construction of bathroom walls. Location: a quarter block off hip Franklin Avenue, close to all the restaurants, cafes, bars and amenities of western Crown Heights and Prospect Heights. Skipping distance from Chavela's, Mayfield, Barboncino, Franklin Park, Catfish, Little Zelda, Berg'n, Breukelen Coffee, Pulp and Bean and dozens more eateries. Only 0.4 miles (6 short blocks) in either direction to 2/3 and 4/5 trains at Franklin and Eastern Parkway and A/C at Franklin and Fulton Ave. Close proximity to Brooklyn Museum, Brooklyn Botanic Garden and a few more blocks from Prospect Park. Welcome home to The 572 St. Marks Avenue Condominium, an exemplary new boutique condo in the most sought after and conveniently located section of prime Franklin Ave corridor of western Crown Heights. Gorgeous restored brownstone facade, bluestone-paved front yard, generous apartment floorplans, wide-plank solid red oak floors, Leicht custom cabinetry, top-of-line Bertazzoni and Bosh appliances, Pella windows and doors, Cedar & Moss lighting fixtures, top-of-line Kohler and Signature Hardware bathroom features, Mitsubishi split system HVAC, Rheem high-efficiency water tanks with mobile app control, Bose and Sonos audio systems, sound proofing from Sound Isolation Company in floors and bathroom walls, spray-in insulation for good energy efficiency, private storage rooms in cellar, laundry in each unit, common access to large stone-paved roof-deck.Disclaimer: This is not an offering. Real Estate taxes of zero and common charges are projections based on offering plan and applied for/expected tax J-51 abatement. The complete offering terms are in an offering plan available from sponsor. File No. CD180221.

Last Agent to Sell the Property

Jonah Cohen

Corcoran Group License #10301209913 Listed on: 01/13/2019

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,640

Year Built

  • Built in 1905

HOA Fees

  • $324 Monthly HOA Fees

Home Design

  • 1,103 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling Available

Listing and Financial Details

  • Tax Block 1224

Community Details

Overview

  • 4 Units
  • 572 St. Marks Ave Condominium Condos
  • Crown Heights Subdivision
  • 5-Story Property

Amenities

  • Rooftop Deck
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,640

Year Built

Built in 1905

Lot Details

0

HOA Fees

$324 per month

Listing Details

  • Cross Street: Franklin Avenue & Bedford Avenue
  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Crown Heights
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Equipment (Other): Intercom
  • Living Area: 1103.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Roof Deck

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 323.71
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Building Name: 572 St. Marks Ave Condominium
  • Units: 4
  • Total Stories: 5
  • Year Built: 1905

Tax Info

  • Tax Block: 1224

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2019
Closed on
Jun 11, 2019
Sold by
572 St Marks Llc
Bought by
Mccarron Joshua and Reid-Dodick Cassie
Seller's Agent
Jonah Cohen
Corcoran Group
List Price
$1,150,000
Sold Price
$1,060,000
Premium/Discount to List
-$90,000
-7.83%
Current Estimated Value
$1,368,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,347
Avg. Annual Appreciation
4.08%
Original Mortgage
$800,000
Outstanding Balance
$703,396
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$664,951
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
Mccarron Joshua $1,060,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccarron Joshua $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2019 06/11/19 Sold $1,060,000 -7.8% $961 / Sq Ft
05/12/2019 05/12/19 Pending -- -- --
01/14/2019 01/14/19 For Sale $1,150,000 -- $1,043 / 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 $1,640 $156,443 $29,789 $126,654
2024 $1,640 $163,446 $29,789 $133,657
2023 $723 $155,062 $29,789 $125,273
2022 $648 $152,399 $29,789 $122,610
2021 $5,422 $121,919 $29,789 $92,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10529798

Real Estate Board of New York (REBNY)

APN: 01224-1402