NOT LISTED FOR SALE

640 Ditmas Ave Unit 17 Brooklyn, NY 11218

Kensington Neighborhood

Estimated Value: $500,469 - $581,000

1 Bed
1 Bath
835 Sq Ft
$441/mo HOA Fee

Last Sold September 19, 2023

Last sale price $480,500 $575 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,674/month

435 Days on Market

Highlights

  • Pre War Building
  • P.S. 134 Rated A
  • Entrance Foyer

About This Home

As of September 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: 05/17/2022

Compass

Co-Listed By

Jamie Heinlein

Compass License #10301211802

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,032

Year Built

  • Built in 1922

HOA Fees

  • $441 Monthly HOA Fees

Home Design

  • Pre War Building

Interior Spaces

  • 835 Sq Ft Home
  • 4-Story Property
  • Entrance Foyer

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Community Details

  • Kensington Subdivision

Listing and Financial Details

  • Legal Lot and Block 8 / 5400

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,032

Year Built

Built in 1922

Lot Details

0

HOA Fees

$441 per month

Listing Details

  • Cross Street: Ocean Parkway/East 7th Street
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Kensington
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Features: Entrance Foyer
  • Appliances: Dryer, Washer
  • Living Area: 835.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

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

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 441.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 4
  • Year Built: 1922

Tax Info

  • Tax Block: 5400
  • Tax Lot: 8
  • Tax Annual: 4032.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2022
Closed on
Sep 19, 2023
Sold by
640 Ditmas Property Llc
Bought by
Macdonald Sean Patrice
Seller's Agent
Matthew Pucker
Compass
List Price
$600,000
Sold Price
$480,500
Premium/Discount to List
-$119,500
-19.92%
Views
45
Current Estimated Value
$532,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,867
Avg. Annual Appreciation
5.37%
Original Mortgage
$384,000
Outstanding Balance
$376,578
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$155,789

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
Macdonald Sean Patrice $480,500 --
Macdonald Sean Patrice $480,500 --
640 Ditmas Property Llc $6,000,000 --
640 Ditmas Property Llc $6,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macdonald Sean Patrice $384,000
Closed Macdonald Sean Patrice $384,000
Previous Owner 640 Ditmas Property Llc $2,055,962
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2023 09/19/23 Sold $480,500 -1.9% $575 / Sq Ft
07/27/2023 07/27/23 Pending -- -- --
05/15/2023 05/15/23 Price Changed $490,000 -3.0% $587 / Sq Ft
03/06/2023 03/06/23 Price Changed $505,000 -3.8% $605 / Sq Ft
01/10/2023 01/10/23 Price Changed $525,000 -1.9% $629 / Sq Ft
11/30/2022 11/30/22 Price Changed $535,000 -3.6% $641 / Sq Ft
09/28/2022 09/28/22 Price Changed $555,000 -2.6% $665 / Sq Ft
08/03/2022 08/03/22 Price Changed $570,000 -5.0% $683 / Sq Ft
05/17/2022 05/17/22 For Sale $600,000 -- $719 / 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 $4,259 $40,541 $6,782 $33,759
2024 $4,259 $39,050 $6,782 $32,268
2023 $4,035 $37,595 $6,782 $30,813
2022 $3,812 $32,774 $6,782 $25,992
2021 $3,508 $28,594 $6,782 $21,812
2020 $2,631 $32,330 $6,782 $25,548
2019 $3,520 $33,192 $6,782 $26,410
2018 $3,226 $28,902 $6,782 $22,120
2017 $3,001 $26,645 $6,782 $19,863
2016 $2,975 $30,554 $6,782 $23,772
2015 $1,903 $22,034 $6,782 $15,252
2014 $1,903 $20,505 $6,782 $13,723
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10892864

Real Estate Board of New York (REBNY)

APN: 05400-1017