NOT LISTED FOR SALE

640 Ditmas Ave Unit 29 Brooklyn, NY 11218

Kensington Neighborhood

Estimated Value: $432,000 - $501,000

1 Bed
1 Bath
603 Sq Ft
$314/mo HOA Fee

Last Sold April 22, 2024

Last sale price $420,500 $697 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,964/month

61 Days on Market

Highlights

  • Wood Flooring
  • High Ceiling
  • Recessed Lighting
  • P.S. 134 Rated A
  • Courtyard
  • No Heating

About This Home

As of April 2024

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: 12/07/2023

Compass

Co-Listed By

Jamie Heinlein

Compass License #10301211802

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,868

Year Built

  • Built in 1920

HOA Fees

  • $314 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 603 Sq Ft Home
  • 4-Story Property
  • High Ceiling
  • Recessed Lighting
  • Wood Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer

Outdoor Features

  • Courtyard

Utilities

  • No Cooling
  • No Heating

Community Details

  • 39 Units
  • Kensington Subdivision

Listing and Financial Details

  • Legal Lot and Block 1029 / 05400

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,868

Year Built

Built in 1920

Lot Details

0

HOA Fees

$314 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Kensington
  • Entry Level: 2
  • Structure Type: Multi Family
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Features: High Ceilings, Recessed Lighting
  • Appliances: Dishwasher, Gas Oven, Stainless Steel Appliance(s), Washer
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 603.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Exterior Features: Courtyard

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 314.0
  • 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: 1029
  • Tax Annual: 2868.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2023
Closed on
Apr 22, 2024
Sold by
640 Ditmas Property Llc
Bought by
Jackson Andrew C
Seller's Agent
Matthew Pucker
Compass
List Price
$425,000
Sold Price
$420,500
Premium/Discount to List
-$4,500
-1.06%
Views
52
Current Estimated Value
$456,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,561
Avg. Annual Appreciation
4.95%
Original Mortgage
$378,000
Outstanding Balance
$371,481
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$84,580

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:

--
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
Jackson Andrew C $420,500 --
Jackson Andrew C $420,500 --
640 Ditmas Property Llc $6,000,000 --
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 Jackson Andrew C $378,000
Closed Jackson Andrew C $378,000
Previous Owner 640 Ditmas Property Llc $2,055,962
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2024 04/22/24 Sold $420,500 -1.1% $697 / Sq Ft
02/07/2024 02/07/24 Pending -- -- --
12/07/2023 12/07/23 For Sale $425,000 -- $705 / 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 $3,031 $28,852 $4,826 $24,026
2024 $3,031 $27,790 $4,826 $22,964
2023 $2,872 $26,755 $4,826 $21,929
2022 $2,713 $23,324 $4,826 $18,498
2021 $2,496 $20,349 $4,826 $15,523
2020 $1,872 $23,008 $4,826 $18,182
2019 $2,505 $23,622 $4,826 $18,796
2018 $2,296 $20,569 $4,827 $15,742
2017 $2,135 $18,963 $4,826 $14,137
2016 $2,117 $21,744 $4,826 $16,918
2015 $1,355 $15,681 $4,826 $10,855
2014 $1,355 $14,593 $4,826 $9,767
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10957041

Real Estate Board of New York (REBNY)

APN: 05400-1029