NOT LISTED FOR SALE

Estimated Value: $1,240,937 - $2,453,000

3 Beds
2 Baths
1,409 Sq Ft
$417/mo HOA Fee

Last Sold April 20, 2022

Last sale price $2,400,000 $1,703 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $10,686/month

Highlights

  • Built in 1901 | Newly Remodeled
  • 4-minute walk to Bergen Street (F,G Line)
  • Balcony
  • P.S. 29 John M. Harrigan Rated A
  • Pre War Building
  • 3-minute walk to Boerum Playground

About This Home

As of April 2022

First showing: Sunday October 17th, by appointment.

A new townhouse condominium conversion by E C K S T R M N Y C.

The four residences at 58 Butler Street evoke the clean lines and serenity championed by minimalist British architect John Pawson, set in an unusually grand, 28.5 feet wide townhouse with an industrial modern twist. These Cobble Hill homes feature a delicate natural color palette throughout their finishes, exceptional light and air and comfortable layouts in all of their oversized rooms. The garden duplex residence with its double height ceiling is an impressive take on loft living, while residence three and four each enjoy their own private balcony and a private finished roof terrace with serene, city views for each unit.The carefully selected finishes include 14" wide Danish Douglas Fir wood planks by Dinesen that extend as long as 22 feet each, Caesarstone polished cement like backsplash and countertops, custom Shinnoki walnut wood cabinets and European light fixtures by Astro. Bathrooms feature fixtures by Porcelanosa, and Vigo and Art porcelain stone tiles by Supergres . The building offers large private storage rooms for each residence and unusually low common charges and property taxes.

Residence Number Four is a pristine three bedroom, two bathroom home of house-like proportions with excellent light coming from its southern and north exposures. A large open kitchen is the heart of the home with a generously sized center island and a complete package of concealed Bosch and Fisher & Paykel appliances that include a 36 inch bottom freezer refrigerator, a 5 burner 36" gas cooktop, an under counter microwave drawer, 24 inch dishwasher, wine fridge and garbage disposal. The multi-zone HVAC concealed mini split system provides extra control for comfortable temperature in every room. The jumbo sized main bedroom is larger than many living rooms in this price range and has a walk in closet and a balcony overlooking the townhouse's rear gardens. The deeded private roof terrace has unobstructed views of the Manhattan Skyline and Downtown Brooklyn.

All renderings are for illustrative purposes only. The complete offering terms for 58 Butler Street are in an offering plan available from the sponsor. File No. CD210016

Last Agent to Sell the Property

Carlos Saavedra

Park Property Advisors License #10311205130 Listed on: 11/02/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,208

Year Built

  • Built in 1901 | Newly Remodeled

HOA Fees

  • $417 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 3rd floor

Interior Spaces

  • 1,409 Sq Ft Home
  • 2-Story Property
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony

Community Details

  • 3 Units
  • Cobble Hill Subdivision

Listing and Financial Details

  • Tax Block 00408

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,208

Year Built

Built in 1901 | Newly Remodeled

Lot Details

0

HOA Fees

$417 per month

Listing Details

  • Cross Street: COURT STREET and SMITH STREET
  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Cobble Hill
  • Architectural Style: Prewar
  • Entry Level: 3
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 1409.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 417.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: Yes
  • Units: 3
  • Total Stories: 2
  • Year Built: 1901

Tax Info

  • Tax Block: 00408
  • Tax Annual: 8208.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2021
Closed on
Apr 20, 2022
Sold by
58 Butler St Llc
Bought by
Edon Fabrice and Wu Tian
Seller's Agent
Carlos Saavedra
Park Property Advisors
List Price
$2,495,000
Sold Price
$2,400,000
Premium/Discount to List
-$95,000
-3.81%
Current Estimated Value
$1,856,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$543,766
Avg. Annual Appreciation
-6.59%
Original Mortgage
$1,680,000
Outstanding Balance
$1,580,854
Interest Rate
4.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$275,380
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
Edon Fabrice $2,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edon Fabrice $1,680,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2022 04/29/22 Off Market $2,495,000 -- --
04/20/2022 04/20/22 Sold $2,400,000 -3.8% $1,703 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
11/02/2021 11/02/21 For Sale $2,495,000 -- $1,771 / Sq Ft
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 $7,316 $78,003 $53,218 $24,785
2024 $7,316 $65,020 $53,218 $11,802
2023 $5,151 $54,184 $53,218 $966
2022 $7,131 $240,231 $53,218 $187,013
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10864955

Real Estate Board of New York (REBNY)

APN: 00408-1204