NOT LISTED FOR SALE

633 Prospect Place Unit 3 Brooklyn, NY 11216

Crown Heights Neighborhood

Estimated Value: $1,196,000 - $1,521,000

2 Beds
2 Baths
1,205 Sq Ft
$390/mo HOA Fee

Last Sold March 19, 2019

Last sale price $1,225,000 $1,017 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $7,689/month

219 Days on Market

Highlights

  • Rooftop Deck
  • 3-minute walk to Park Place (S Line)
  • Laundry Facilities
  • Pre War Building
  • Central Air

About This Home

As of March 2019

Apartment 3 at 633 Prospect Place is an impeccably laid out 1205sf two-bedroom two-baths with approx 9ft ceilings, central heat and air, over-sized casement Pella windows, wide-plank solid white oak floors, three closets, a laundry room, and access by common stair to a large shared roof area. Kitchen features top-of-the-line Viking and Miele appliances, solid wood white shaker cabinets with matte black hardware, Thassos white marble mosaic backsplash, a Caesarstone Rugged Concrete waterfall island with matching perimeter counter, matte black Brizo faucet and deep stainless steel under-mount sink. Spacious Master Bedroom (approx. 15x16) with large walk-through closet to en-suite Master Bath. Master Bath features chevron mosaic Carrara marble floor tile and dramatic accent wall, elegantly mixed metal finishes, deep soaking Toto tub and separate walk-in shower. Large second bedroom with approx 6ft closet. Second bath features a stylish printed tile floor, Brizo matte black plumbing fixtures and matte black lighting throughout, deep Toto tub/shower combination. Location: a half block off of hip Franklin Avenue close to all the restaurants, cafes, bars and amenities of the prime Franklin Ave corridor of western Crown Heights. Short 0.4miles to the 2/3 and 4/5 trains at Franklin and Eastern Parkway. Close proximity to the Brooklyn Museum, Brooklyn Botanic Garden and a few blocks from Prospect Park. Welcome home to 633 Prospect Place, an exemplary new boutique condominium in the most sought after and conveniently located section of prime Franklin Ave corridor of Western Crown Heights. Generous floorplans, true central air, high ceilings, over-sized windows, wide-plank solid white oak floors, custom walk-in closets, brushed-brass lighting and matte black hardware, laundry in each unit.Disclaimer: This is not an offering. Real Estate taxes and common charges are projections based on offering plan and applied for/expected tax abatement. The complete offering terms are in an offering plan available from sponsor. File No. CD170334.

Last Agent to Sell the Property

Jonah Cohen

Corcoran Group License #10301209913 Listed on: 07/12/2018

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $394

Year Built

  • Built in 1931

HOA Fees

  • $390 Monthly HOA Fees

Home Design

  • Pre War Building

Interior Spaces

  • 1,205 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air

Listing and Financial Details

  • Tax Block 1224

Community Details

Overview

  • 4 Units
  • Crown Heights Subdivision

Amenities

  • Rooftop Deck
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$394

Year Built

Built in 1931

Lot Details

0

HOA Fees

$390 per month

Listing Details

  • Cross Street: Franklin Avenue & Bedford Ave
  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Crown Heights
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Living Area: 1205.0
  • 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: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 389.82
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 131.0 x 20.0

Building Info

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

Tax Info

  • Tax Block: 1224
  • Tax Annual: 394.44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2018
Closed on
Mar 19, 2019
Sold by
633 Prospect Llc
Bought by
Smith Kerri M
Seller's Agent
Jonah Cohen
Corcoran Group
List Price
$1,250,000
Sold Price
$1,225,000
Premium/Discount to List
-$25,000
-2%
Current Estimated Value
$1,348,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,959
Avg. Annual Appreciation
1.39%
Original Mortgage
$980,000
Outstanding Balance
$859,839
Interest Rate
4.4%
Mortgage Type
Unknown
Estimated Equity
$482,081
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
Smith Kerri M $1,225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Kerri M $980,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2019 03/19/19 Sold $1,225,000 -2.0% $1,017 / Sq Ft
02/17/2019 02/17/19 Pending -- -- --
07/12/2018 07/12/18 For Sale $1,250,000 -- $1,037 / 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 $2,436 $147,559 $17,672 $129,887
2024 $2,436 $122,953 $17,672 $105,281
2023 $1,629 $102,461 $17,672 $84,789
2022 $1,515 $100,722 $17,672 $83,050
2021 $1,417 $80,539 $17,672 $62,867
2020 $1,869 $78,221 $17,672 $60,549
2019 $1,890 $72,910 $17,672 $55,238
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10421865

Real Estate Board of New York (REBNY)

APN: 01224-1303