NOT LISTED FOR SALE

633 Prospect Place Unit 1 Brooklyn, NY 11216

Crown Heights Neighborhood

Estimated Value: $1,575,000 - $2,268,000

2 Beds
2 Baths
1,572 Sq Ft
$1,174/Sq Ft Est. Value

Last Sold November 02, 2023

Last sale price $1,775,000 $1,129 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $10,495/month

21 Days on Market

About This Home

As of November 2023

Introducing Unit 1 at 633 Prospect Place, a flawless two-bedroom, two-bathroom condominium poised within a stunning brick townhouse in the heart of Crown Heights, Brooklyn. This south facing beauty has over 1500 square feet of living space spread out over two levels, not to mention a storybook backyard that spans nearly 1200 square feet.

As you enter this flawless home, you are greeted by a loft-like living room and kitchen combination. The kitchen features Viking and Miele appliances, solid wood white shaker cabinets and a massive Caesarstone concrete waterfall island. The ample living space is framed by oversized Pella casement windows and custom window treatments. Down a spacious hallway, you will find the two bedrooms and two bathrooms, both of which overlook an enchanting garden that rivals the backyard of any suburban home.

The oversized primary bedroom is large enough for a king bed and has a separate nook for a desk or workout station, not to mention a walk-through closet that leads into a luxury en-suite bathroom haven. The primary bath features chevron mosaic Carrara marble, deep-soaking Toto tub and a separate walk-in shower. Through lovely double glass doors on the other side of the bedroom, you can access your very own fully landscaped backyard. This massive outdoor space is fully landscaped with verdant grass, cobble pavers and irrigation lines throughout to keep your greenery lush by only turning on the hose.

The second bedroom is adjacent to the primary suite and features a large closet and custom window treatments. The second bathroom is located in the hallway and is pleasing to the eye with another deep Toto soaking tub and stylish tile throughout.

The lower level of this unit is accessed via an interior staircase adjacent to the kitchen that leads down to a large rec room. The space is currently setup as a gym, play space and office combination. Use your imagination to see how this 400 square foot rec room can adapt to any lifestyle and be used in a variety of ways. This level can be accessed from a separate entrance via the street.

633 Prospect Place was converted to condos in 2018 and this impeccable unit has had only one owner since the condo's inception. Additional amenities include central heat and air, low monthly charges, common roof deck, intercom, washer/dryer and it is wired for a security system.

Located in the epicenter of Western Crown Heights, 633 Prospect Place is just off of Franklin Avenue and is surrounded by coffee shops, bars and restaurants. Come check out his unit and look forward to calling this beautiful duplex apartment your new home!

Last Agent to Sell the Property

Michael Tannen

Corcoran Group License #10401287448 Listed on: 10/11/2023

Corcoran Group

Co-Listed By

Kirra Caruso

Corcoran Group License #10301221407

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,172

Year Built

  • Built in 1931

Lot Details

  • 2,614

HOA Fees

  • $520 Monthly HOA Fees

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,572 Sq Ft Home
  • Property has 2 Levels
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer Hookup

Utilities

  • No Cooling

Community Details

  • 4 Units
  • Crown Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 0073 / 01224

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,172

Year Built

Built in 1931

Lot Details

0

HOA Fees

$520 per month

Listing Details

  • Exposures: North,South
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: Crown Heights
  • Architectural Style: Walk-Up
  • Entry Level: 1
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Fireplace: No
  • Living Area: 1572.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: Other
  • View: Yes
  • Exterior Features: None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None, Washer Hookup, In Unit
  • Green Building Features: Green Building
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 520.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Rental Building
  • ResoAssociationFeeFrequency: Monthly

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 4
  • Total Stories: 3
  • Year Built: 1931

Tax Info

  • Tax Block: 01224
  • Tax Lot: 0073
  • Tax Annual: 2172.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2024
Sold by
Shapiro Kyle and Shapiro Rachel
Bought by
Root Erin Lynn and Sobot Peter
Current Estimated Value
$1,844,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,780
Outstanding Balance
$249,046
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,595,705

Purchase Details

Listed on
Jul 12, 2018
Closed on
Mar 25, 2019
Sold by
633 Prospect Llc
Bought by
Shapiro Kyle and Shapiro Rachel
Seller's Agent
Jonah Cohen
Corcoran Group
List Price
$1,325,000
Sold Price
$1,375,000
Premium/Discount to List
$50,000
3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.56%
Original Mortgage
$1,100,000
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage
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
Root Erin Lynn $1,775,000 --
Root Erin Lynn $1,775,000 --
Shapiro Kyle $1,400,094 --
Shapiro Kyle $1,400,094 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Root Erin Lynn $253,780
Closed Root Erin Lynn $253,780
Previous Owner Shapiro Kyle $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/02/2023 11/02/23 Sold $1,775,000 +4.7% $1,129 / Sq Ft
11/02/2023 11/02/23 Pending -- -- --
10/11/2023 10/11/23 For Sale $1,695,000 +23.3% $1,078 / Sq Ft
03/25/2019 03/25/19 Sold $1,375,000 +3.8% $875 / Sq Ft View Prior Sale
02/23/2019 02/23/19 Pending -- -- --
07/12/2018 07/12/18 For Sale $1,325,000 -- $843 / 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 $3,251 $196,929 $23,585 $173,344
2024 $3,251 $164,090 $23,585 $140,505
2023 $3,082 $136,742 $23,585 $113,157
2022 $1,516 $134,422 $23,585 $110,837
2021 $1,861 $107,486 $23,585 $83,901
2020 $2,495 $104,393 $23,585 $80,808
2019 $2,523 $97,304 $23,585 $73,719
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10928044

Real Estate Board of New York (REBNY)

APN: 01224-1301