$650,000
SOLD JAN 9, 2025

640 Ditmas Ave Unit 38 Brooklyn, NY 11218

Kensington Neighborhood
2 Beds
2 Baths
1,102 Sq Ft
$580/mo HOA Fee

Recently Sold

$590 Per Sq Ft

3% Below List Price

173 Days on Market

Highlights

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

About This Home

As of January 2025

Come home to this large fully renovated condo, which can be built out as either a 2-bed or 3-Bed/Office with 2 full-baths, including primary bedroom en-suite, prior to closing. 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.

Note, photos not of the completed unit. Photos are of a model unit to represent finishes.

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: 03/21/2024

Compass

Co-Listed By

Jamie Heinlein

Compass License #10301211802

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,592

Year Built

  • Built in 1920

HOA Fees

  • $580 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,102 Sq Ft Home
  • 4-Story Property
  • High Ceiling
  • Recessed Lighting
  • Wood Flooring

Kitchen

  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Laundry in unit
  • Washer

Utilities

  • No Cooling
  • No Heating

Community Details

  • 39 Units
  • Kensington Subdivision

Listing and Financial Details

  • Legal Lot and Block 1038 / 05400

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,592

Year Built

Built in 1920

Lot Details

0

HOA Fees

$580 per month

Listing Details

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

Interior Features

  • Interior Features: High Ceilings, Recessed Lighting, Soaking Tub
  • Appliances: Dishwasher, Gas Cooktop, Gas Oven, Stainless Steel Appliance(s), Washer
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 1102.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

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

Exterior Features

  • View: No

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: 580.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

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: 1038
  • Tax Annual: 5592.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
Jan 9, 2025
Sold by
640 Ditmas Property Llc
Bought by
Federico Anthony and Federico Summers
Seller's Agent
Matthew Pucker
Compass
List Price
$670,000
Sold Price
$650,000
Premium/Discount to List
-$20,000
-2.99%
Views
61
Current Estimated Value
$676,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,824
Avg. Annual Appreciation
3.46%
Original Mortgage
$520,000
Outstanding Balance
$517,260
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$148,386

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
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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 Type Sale Price Title Company
Deed $650,000 --
Deed $6,000,000 --
Deed $6,000,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $520,000 Purchase Money Mortgage
Previous Owner $2,055,962 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2025 01/09/25 Sold $650,000 0.0% $590 / Sq Ft
09/11/2024 09/11/24 Pending -- -- --
07/31/2024 07/31/24 Off Market $650,000 -- --
07/30/2024 07/30/24 Price Changed $650,000 -3.0% $590 / Sq Ft
07/16/2024 07/16/24 For Sale $670,000 0.0% $608 / Sq Ft
03/21/2024 03/21/24 For Sale $670,000 -- $608 / 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 $5,596 $53,266 $8,910 $44,356
2024 $5,596 $51,305 $8,910 $42,395
2023 $5,302 $49,394 $8,910 $40,484
2022 $5,008 $43,060 $8,910 $34,150
2021 $4,608 $37,568 $8,910 $28,658
2020 $3,456 $42,476 $8,910 $33,566
2019 $4,625 $43,610 $8,910 $34,700
2018 $4,239 $37,973 $8,910 $29,063
2017 $3,943 $35,008 $8,910 $26,098
2016 $3,909 $40,144 $8,910 $31,234
2015 $2,500 $28,949 $8,910 $20,039
2014 $2,500 $26,941 $8,910 $18,031
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10994921

Real Estate Board of New York (REBNY)

APN: 05400-1038