NOT LISTED FOR SALE

640 Ditmas Ave Unit 1 Brooklyn, NY 11218

Kensington Neighborhood

Estimated Value: $514,145 - $626,000

2 Beds
1 Bath
721 Sq Ft
$370/mo HOA Fee

Last Sold October 27, 2023

Last sale price $483,931 $671 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,573/month

Highlights

  • Wood Flooring
  • P.S. 134 Rated A
  • No Heating

About This Home

As of October 2023

Located at the nexus of Brooklyn’s Ditmas Park and Kensington neighborhoods, The Commodore Condominiums are a unique conversion of pre-war residences, redesigned for contemporary living. The Commodore boasts a variety of home layouts, with attention to design detail and finishes, offering a sophisticated blend of modern function and a nod to the building’s historic pre-war architecture.

The properties are appointed with rich white oak floors throughout, custom millwork, high ceilings, beautiful cabinetry, hardware, fixtures, high-grade stainless steel appliances and in-unit laundry. Enjoy a beautiful, newly landscaped courtyard, bike storage and storage for purchase. The Commodore residences are situated among the neighborhood’s picturesque tree-lined Victorian blocks, rich in history, landmark architecture and convenience to recreation. Enjoy proximity to Prospect Park, Newkirk Plaza, beautiful Ocean Parkway’s bike trails and Cortelyou Road’s expanding collection of restaurants, bars and shops.

The complete offering terms are in an offering plan available from the Sponsor. File No. CD080607

Last Agent to Sell the Property

Matthew Pucker

Compass License #10301208042 Listed on: 09/15/2023

Compass

Co-Listed By

Aubrey Borrell

Compass License #10401228800

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,384

Year Built

  • Built in 1920

HOA Fees

  • $370 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 721 Sq Ft Home
  • 4-Story Property
  • Wood Flooring
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • No Heating

Community Details

  • 39 Units
  • Kensington Subdivision

Listing and Financial Details

  • Legal Lot and Block 1001 / 05400

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,384

Year Built

Built in 1920

Lot Details

0

HOA Fees

$370 per month

Listing Details

  • Exposures: East,North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Kensington
  • Entry Level: 1
  • Structure Type: Multi Family
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 721.0
  • Living Area Units: Square Feet

Beds/Baths

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

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: In Unit, See Remarks
  • Cooling: No
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 370.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 110.000000x100.000000

Building Info

  • New Construction: No
  • Units: 39
  • Total Stories: 4
  • Year Built: 1920

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 05400
  • Tax Lot: 1001
  • Tax Annual: 3384.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Oct 27, 2023
Sold by
640 Ditmas Property Llc
Bought by
Five Forks Land Company
Seller's Agent
Matthew Pucker
Compass
List Price
$475,000
Sold Price
$483,931
Premium/Discount to List
$8,931
1.88%
Views
2
Current Estimated Value
$555,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,105
Avg. Annual Appreciation
7.13%

Purchase Details

Closed on
Aug 31, 2021
Sold by
640 Ditmas Llc
Bought by
640 Ditmas Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,055,962
Interest Rate
2.8%
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
Five Forks Land Company $483,931 --
Five Forks Land Company $483,931 --
640 Ditmas Property Llc $6,000,000 --
640 Ditmas Property Llc $6,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 640 Ditmas Property Llc $2,055,962
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2023 10/27/23 Sold $483,931 +1.9% $671 / Sq Ft
09/15/2023 09/15/23 Pending -- -- --
09/15/2023 09/15/23 For Sale $475,000 -- $659 / 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 $3,575 $34,031 $5,693 $28,338
2024 $3,575 $32,779 $5,693 $27,086
2023 $3,387 $31,558 $5,693 $25,865
2022 $3,200 $27,511 $5,693 $21,818
2021 $2,944 $24,002 $5,693 $18,309
2020 $2,208 $27,862 $5,693 $22,169
2019 $2,955 $27,862 $5,693 $22,169
2018 $2,708 $24,260 $5,692 $18,568
2017 $2,519 $22,366 $5,692 $16,674
2016 $2,497 $25,647 $5,692 $19,955
2015 $1,598 $18,495 $5,692 $12,803
2014 $1,598 $17,212 $5,692 $11,520
Source: Public Records

Agents Affiliated with this Home

  • Matthew Pucker

    Seller's Agent in 2023

    Matthew Pucker

    Compass

    (917) 981-1107

    17 in this area

    97 Total Sales

    Matthew Pucker
    Section Image
  • Jamie Heinlein

    Seller Co-Listing Agent in 2023

    Jamie Heinlein

    Compass

    (646) 337-8200

    17 in this area

    104 Total Sales

    Jamie Heinlein
    Section Image
  • Aubrey Borrell

    Seller Co-Listing Agent in 2023

    Aubrey Borrell

    Compass

    (718) 486-4415

    1 in this area

    8 Total Sales

    Aubrey Borrell
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10918482

Real Estate Board of New York (REBNY)

APN: 05400-1001

New York Kings County Brooklyn 11218 Kensington

640 Ditmas Ave Unit 1, Brooklyn, NY

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