NOT LISTED FOR SALE

578 Atlantic Ave Unit 3B Brooklyn, NY 11217

Boerum Hill Neighborhood

Estimated Value: $961,000 - $1,287,000

1 Bed
1.5 Baths
1,039 Sq Ft
1931 Built

Last Sold September 24, 2021

Last sale price $865,000 $833 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $7,863/month

33 Days on Market

Highlights

  • Central Air
  • 1-minute walk to Pacific Street
  • 4-minute walk to North Pacific Playground
  • P.S. 38 The Pacific School Rated A-
  • Laundry Facilities

About This Home

As of September 2021

Searching for that special property? This stunning one bedroom duplex is anything but cookie cutter! Located on the 3rd and 4th floors of a boutique condo building, both levels of this apartment offer an expanse of space, light, and views. Upon entering, you are immediately struck by the character of this space; with its grand staircase, high ceilings, and 12 oversized windows, 3B feels much more like a home than a typical apartment.

Once inside, you are greeted by a sizable foyer with a coat closet and plenty of room for a home office, bike storage, or dining area. On this level you will also find a windowed half bathroom. The open kitchen is outfitted with stainless steel appliances (including microwave and dishwasher), along with a breakfast bar overlooking the main space. The living and dining areas flow into one another and offer versatility when it comes to layout. Fabulous built-in shelving lines the wall and recessed lighting helps set the mood. A peak out the window reveals incredible views of the neighboring landmark Williamsburg Savings Bank building as well as Barclays Center. Come October, your apartment offers a front row view of The New York City Marathon. Love entertaining?

This is the ideal space for you!As you ascend the grand staircase, light shines down from the overhead skylight. The second level offers an incredible amount of space - enough for a king sized bed, nursery set up, home gym, and/or office! On this level you will find an in-unit vented washer/dryer and a sizable walk in closet. The spacious windowed bathroom on this level features a full sized bath and Toto toilet as well. In addition to the the ample closet space in the apartment, there is also a private storage room assigned to the apartment. A video intercom system allows you to buzz in visitors and see who is at the door. The apartment's windows are in the process of being reinforced by Cityproof so that you can enjoy the benefits of being located "in the center of it all" while also savoring the serenity of being at home. Beautiful oak flooring and dual zone central heat and air round out the features of this incredible apartment.

Located at the crossroads of Boerum Hill, Park Slope, Downtown Brooklyn, and Fort Greene. 578 Atlantic Avenue is ideally situated in the center of Brooklyn's transportation and cultural hub. The location is unmatched when it comes to convenience with the LIRR and Atlantic Terminal with B/Q/N/R/2/3/4/5 subway lines across the street. This pet friendly condo also allows unlimited subletting and use as a pied a terre. Tax abatement expires in 2024.

Apartment #2B is for sale as well. The units can potentially be combined to make a triplex apartment

Last Agent to Sell the Property

Sara Marcus

Corcoran Group License #10401295339 Listed on: 07/09/2021

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,320

Year Built

  • Built in 1931

HOA Fees

  • $340 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,039 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air

Listing and Financial Details

  • Tax Block 186

Community Details

Overview

  • 6 Units
  • Boerum Hill Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,320

Year Built

Built in 1931

Lot Details

0 Sq Ft Lot

HOA Fees

$340 per month

Listing Details

  • Cross Street: 3 AVENUE and 4 AVENUE
  • Exposures: East,North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Boerum Hill
  • Entry Level: 3
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 1039.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Integer: 2
  • Bedrooms: 1

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 340.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Units: 6
  • Total Stories: 4
  • Year Built: 1931

Tax Info

  • Tax Block: 186
  • Tax Annual: 10320.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Sep 24, 2021
Sold by
Tajwar Shabana
Bought by
Alcantar Jonathan
Seller's Agent
Sara Marcus
Corcoran Group
List Price
$849,000
Sold Price
$865,000
Premium/Discount to List
$16,000
1.88%
Current Estimated Value
$1,150,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,885
Avg. Annual Appreciation
6.58%
Original Mortgage
$692,000
Outstanding Balance
$629,669
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$521,217
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Alcantar Jonathan $865,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alcantar Jonathan $692,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2025 10/21/25 Off Market $865,000 -- --
09/24/2021 09/24/21 Sold $865,000 +1.9% $833 / Sq Ft
08/13/2021 08/13/21 Pending -- -- --
07/10/2021 07/10/21 For Sale $849,000 0.0% $817 / Sq Ft
10/13/2019 10/13/19 For Rent $3,800 +8.6% --
10/13/2019 10/13/19 Rented -- -- --
05/02/2014 05/02/14 For Rent $3,500 -- --
05/02/2014 05/02/14 Rented -- -- --
Source: Real Estate Board of New York (REBNY)

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 $18,423 $147,852 $10,840 $137,012
2024 $18,423 $179,820 $10,840 $168,980
2023 $15,444 $224,776 $10,840 $213,936
2022 $12,940 $207,682 $10,840 $196,842
2021 $10,543 $207,674 $10,840 $196,834
2019 $5,782 $196,562 $10,840 $185,722
2018 $6,925 $107,273 $7,099 $100,174
2017 $6,757 $109,841 $8,446 $101,395
2016 $6,337 $101,705 $8,584 $93,121
2015 $3,186 $94,172 $9,518 $84,654
2014 $3,186 $87,197 $7,049 $80,148
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10731077

Real Estate Board of New York (REBNY)

APN: 00186-1007

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