NOT LISTED FOR SALE

655 Franklin Ave Unit 1R Crownhei, NY 11238

Crown Heights Neighborhood

Estimated Value: $1,433,000 - $1,655,156

2 Beds
2 Baths
1,458 Sq Ft
$432/mo HOA Fee

Last Sold October 30, 2021

Last sale price $1,395,000 $957 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $10,138/month

46 Days on Market

Highlights

  • Rooftop Deck
  • 3-minute walk to Park Place (S Line)
  • Garden
  • New Windows
  • Intercom
  • East Facing Home

About This Home

As of October 2021

Luxury living in prime Crown Heights! This sunny, rear-facing duplex has been customized with numerous top-of-the-line features, and also boasts a large private garden. The interior space is around 1500 SF and the exterior about 1100 SF. The upper level features two bedrooms and two full baths, a custom kitchen, and dining area. The lower level is an open rec room and living area more than 33 ft long! The garden is professionally landscaped, providing a large urban retreat amongst lush foliage, flowers, and fruit trees.

There are too many features to mention them all, so here are some of the highlights! 1R features high ceilings and a wall of oversized windows, outfitted with remote-controlled, motorized, energy-efficient double-cell honeycomb shades in the living room, and blackout/light-filtering combos in the bedrooms. All windows overlook the private garden for beautiful, serene views. Smart home features include voice- or app-controlled light switches and ceiling fans. The custom kitchen features full-height cabinets with soft-close drawers and doors, pull-out drawers in base cabinets, under-cabinet LED lighting, and Caesarstone countertops. The stainless steel kitchen appliances feature a Fisher & Paykel dishwasher drawer system, Kitchen Aid stove and microwave, and Whirlpool French-door refrigerator. The laundry room features a vented stacked Samsung washer and dryer.

Both bedrooms feature custom closets including cedar closet organizers. The lower level of the duplex has wall-to-wall custom closets spanning 13+ ft and providing ample storage and organization. The dining area features Restoration Hardware pendant lighting and the bathrooms Restoration Hardware fixtures. The primary bedroom has an en-suite bathroom with large walk-in shower equipped with overhead rain shower. The second bathroom features a deep soaking tub with modern glass partition for relaxing baths. Beautiful oak plank flooring and custom paint complete the modern interior.

Monthly carrying charges are low thanks to the especially low common charges. Owner-occupants could also qualify for the coop-condo tax abatement which can be significant (ask for details!). The condominium is well managed.

655 Franklin Ave is conveniently located along the 2, 3, 4, 5 trains at Franklin Ave, the C train at Franklin, and the S shuttle train at Park Place. Franklin Ave is a veritable restaurant row, with Crown Heights institutions Chavela's, Barboncino, The Crabby Shack, Mayfield, Gueros and Ras Plant based all within a few blocks. Gourmet grocery one block down Franklin, and another supermarket around the corner. If you need some greenery or entertainment, head over to the Botanic Garden or Prospect Park less than a mile away, or the Brooklyn Museum, Public Library, or the Zoo, all within walking distance.

NOTES: All showings including open houses are by appointment only! Access is somewhat limited, no showings without 24 hour notice. Masks are required and visitors must remove or cover their shoes.

Last Agent to Sell the Property

Ippei Iwashiro

Corcoran Group License #10301212300 Listed on: 08/05/2021

Corcoran Group

Co-Listed By

Haruno Arai

Corcoran Group License #30AR0898390

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,728

Year Built

  • Built in 2014

Lot Details

  • East Facing Home
  • Garden

HOA Fees

  • $432 Monthly HOA Fees

Interior Spaces

  • 1,458 Sq Ft Home
  • 4-Story Property
  • New Windows
  • Intercom

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Legal Lot and Block 3 / 1217

Community Details

Overview

  • Crown Heights Subdivision

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,728

Year Built

Built in 2014

Lot Details

0

HOA Fees

$432 per month

Listing Details

  • Cross Street: Bergen Street/Saint Marks Avenue
  • Exposures: East
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: Crown Heights
  • Entry Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Dryer, Washer
  • Equipment (Other): Intercom
  • Living Area: 1458.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5
  • Window Features: New Windows

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Roof Deck, Garden

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 432.0
  • 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: 2014

Tax Info

  • Tax Block: 1217
  • Tax Lot: 3
  • Tax Annual: 13728.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Oct 29, 2021
Sold by
Ang Brettina and Kao Richard
Bought by
Lazer Roseanne and Shaheen Michael
Seller's Agent
Ippei Iwashiro
Corcoran Group
List Price
$1,395,000
Sold Price
$1,395,000
Current Estimated Value
$1,554,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,789
Avg. Annual Appreciation
2.86%
Original Mortgage
$437,875
Outstanding Balance
$402,188
Interest Rate
3.01%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,152,601

Purchase Details

Listed on
Jun 3, 2014
Closed on
Nov 26, 2014
Sold by
Franklin Heights 2014 Llc
Bought by
Ang Brettina and Kao Richard
Seller's Agent
Jessica Peters
Douglas Elliman Real Estate
List Price
$999,000
Sold Price
$1,025,000
Premium/Discount to List
$26,000
2.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.55%
Original Mortgage
$820,000
Interest Rate
3.98%
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 Buyer Sale Price Title Company
Lazer Roseanne $1,445,000 --
Lazer Roseanne $1,445,000 --
Ang Brettina $1,043,706 --
Ang Brettina $1,043,706 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lazer Roseanne $437,875
Closed Lazer Roseanne $437,875
Previous Owner Ang Brettina $260,000
Previous Owner Ang Brettina $6,593
Previous Owner Ang Brettina $820,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2022 04/20/22 Off Market $1,395,000 -- --
10/30/2021 10/30/21 Sold $1,395,000 0.0% $957 / Sq Ft
09/21/2021 09/21/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $1,395,000 0.0% $957 / Sq Ft
07/22/2019 07/22/19 For Rent $4,250 -99.6% --
07/22/2019 07/22/19 Rented -- -- --
11/26/2014 11/26/14 Sold $1,025,000 +2.6% $703 / Sq Ft
10/27/2014 10/27/14 Pending -- -- --
06/09/2014 06/09/14 For Sale $999,000 -- $685 / 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 $15,603 $153,688 $18,566 $135,122
2024 $15,603 $160,515 $18,566 $141,949
2023 $12,534 $155,020 $18,566 $136,454
2022 $12,207 $152,356 $18,549 $133,807
2021 $13,736 $137,620 $18,549 $119,071
2020 $6,253 $150,358 $18,549 $131,809
2019 $9,989 $143,614 $18,549 $125,065
2018 $12,210 $96,002 $14,233 $81,769
2017 $11,832 $93,025 $15,953 $77,072
2016 $11,105 $86,135 $15,543 $70,592
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10028520

Real Estate Board of New York (REBNY)

APN: 01217-1002