NOT LISTED FOR SALE

Estimated Value: $1,079,000 - $1,223,000

Studio
-- Bath
-- Sq Ft
$461/ mo HOA Fee

Last Sold September 24, 2021

Last sale price $999,000

Est. 13% increase in value since last sale

Current estimated payment $7,267/month

13 Days on Market

About This Home

As of September 2021

585 Union Avenue is an elegantly appointed, 8 unit boutique condominium, with elevator access to each home. Versatile open layouts perfectly open out to private terraces for indoor-outdoor living, creating exquisitely curated spaces. 585 Union Avenue is centrally located in Williamsburg, a block away from McCarren Park with easy access to the best shopping, restaurants, cafes and nightlife in both Williamsburg and Greenpoint. Transportation is just minutes away from the Bedford Avenue L, Lorimer St L & G, and Nassau Avenue G subway lines.

Last Agent to Sell the Property

Jessica Peters

Douglas Elliman Real Estate License #10301209015 Listed on: 11/02/2020

Douglas Elliman Real Estate

Co-Listed By

Monica Escobar

Compass License #10301217020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,632

Year Built

  • Built in 2019 | Newly Remodeled

Lot Details

  • 4,051

HOA Fees

  • $461 Monthly HOA Fees

Laundry

  • Washer Dryer Allowed

Community Details

  • 8 Units
  • Brooklyn Subdivision
  • 6-Story Property

Listing and Financial Details

  • Tax Block 02300

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,632

Year Built

Built in 2019 | Newly Remodeled

Lot Details

4,051 Sq Ft Lot

HOA Fees

$461 per month

Listing Details

  • Cross Street: FROST STREET and RICHARDSON STREET
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Brooklyn
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Washer Dryer Allowed

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 461.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Units: 8
  • Total Stories: 6
  • Year Built: 2019

Tax Info

  • Tax Block: 02300
  • Tax Annual: 4632.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2020
Closed on
Sep 24, 2021
Sold by
Union Avenue Development Llc
Bought by
Yu Stewart
Seller's Agent
Jessica Peters
Douglas Elliman Real Estate
List Price
$999,000
Sold Price
$999,000
Current Estimated Value
$1,131,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,267
Avg. Annual Appreciation
2.81%
Original Mortgage
$799,200
Outstanding Balance
$728,796
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$402,471
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yu Stewart $999,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yu Stewart $799,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2021 09/24/21 Sold $999,000 0.0% --
09/10/2021 09/10/21 For Sale $999,000 -- --
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 $10,265 $98,525 $14,400 $84,125
2024 $10,265 $82,109 $14,400 $67,709
2023 $6,082 $60,221 $14,400 $45,821
2022 $6,808 $55,642 $14,400 $41,242
2021 $6,826 $55,642 $14,400 $41,242
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10742156

Real Estate Board of New York (REBNY)

APN: 02300-1103

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