NOT LISTED FOR SALE

655 Franklin Ave Unit 4F Crownhei, NY 11238

Crown Heights Neighborhood

Estimated Value: $1,030,000 - $1,128,160

3 Beds
1 Bath
-- Sq Ft
$325/mo HOA Fee

Last Sold June 07, 2020

Last sale price $830,000

Est. 30% increase in value since last sale

Current estimated payment $7,200/month

249 Days on Market

Highlights

  • Balcony
  • 3-minute walk to Park Place (S Line)
  • Laundry Facilities
  • Intercom

About This Home

As of June 2020

Welcome to apartment 4F, a three bedroom duplex home with multiple outdoor spaces including a private roof terrace. High ceilings and oversized windows allow for exceptional natural light. Beautiful oak floors and brushed stainless steel Kitchen Aid appliances are primed and ready for the chef of the house. The desirable layout features an open kitchen and split bedrooms. The bathroom features a standing overhead rain shower. Enjoy the convenience of an in-home washer dryer. Unit 4F is a versatile space with many perks, perhaps best of all the roof terrace. Call 4F home and revel in dining and relaxing al fresco. This home is a great opportunity for investors as well as end users. 655 Franklin Avenue is a boutique condominium development in prime Crown Heights. Situated near multiple cultural cornerstones of Brooklyn: The Botanical garden, Brooklyn Museum, Prospect Park, Public Library, and the Zoo, there are year round actives & local attractions that will never dull the senses. A blossoming restaurant community is emerging including Barboncino, Chavela's, Bombay Masala, Gueros and more! Approximately six blocks from the 2,3,4,5 trains at Eastern Parkway and six blocks from the Franklin A/C trains.

Last Agent to Sell the Property

Markus Buchmeier

Corcoran Group License #10401236964 Listed on: 09/03/2019

Corcoran Group

Co-Listed By

Paul Kolbusz

Corcoran Group License #10301201340

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,120

Year Built

  • Built in 2014

Lot Details

  • 7,841

HOA Fees

  • $325 Monthly HOA Fees

Interior Spaces

  • 4-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Listing and Financial Details

  • Tax Block 1217

Community Details

Overview

  • 8 Units
  • Crown Heights Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,120

Year Built

Built in 2014

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Cross Street: Bergen Street & Saint Marks Avenue
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Crown Heights
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Dryer, Washer
  • Equipment (Other): Intercom
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony, Rooftop

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 325.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Units: 8
  • Total Stories: 4
  • Year Built: 2014

Tax Info

  • Tax Block: 1217
  • Tax Annual: 9120.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2019
Closed on
Jun 8, 2020
Sold by
Frankel Adam and % : Erik J Swanson Esq
Bought by
Nerson Matthieu and Zolotar Anastasiia
Seller's Agent
Markus Buchmeier
Corcoran Group
List Price
$1,150,000
Sold Price
$830,000
Premium/Discount to List
-$320,000
-27.83%
Current Estimated Value
$1,076,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,805
Avg. Annual Appreciation
5.09%
Original Mortgage
$664,000
Outstanding Balance
$592,471
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$481,182

Purchase Details

Listed on
Jun 4, 2014
Closed on
Oct 31, 2014
Sold by
Franklin Heights 2014 Llc
Bought by
Frankel Adam and Psaki Stephanie
Seller's Agent
Jessica Peters
Douglas Elliman Real Estate
List Price
$849,000
Sold Price
$849,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.40%
Original Mortgage
$679,200
Interest Rate
3.93%
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
Nerson Matthieu $830,000 --
Frankel Adam $864,494 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nerson Matthieu $664,000
Closed Nerson Matthieu $664,000
Previous Owner Frankel Adam $679,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2020 06/07/20 Sold $830,000 -27.8% --
05/08/2020 05/08/20 Pending -- -- --
09/01/2019 09/01/19 For Sale $1,150,000 +35.5% --
10/31/2014 10/31/14 Sold $849,000 0.0% $849 / Sq Ft
10/01/2014 10/01/14 Pending -- -- --
06/09/2014 06/09/14 For Sale $849,000 -- $849 / 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 $11,747 $115,709 $13,978 $101,731
2024 $11,747 $120,848 $13,978 $106,870
2023 $9,437 $116,711 $13,978 $102,733
2022 $9,190 $114,705 $13,965 $100,740
2021 $8,532 $103,611 $13,965 $89,646
2020 $4,707 $113,201 $13,965 $99,236
2019 $9,115 $108,124 $13,965 $94,159
2018 $9,193 $72,276 $10,715 $61,561
2017 $8,908 $70,035 $12,011 $58,024
2016 $8,360 $64,848 $11,702 $53,146
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Markus Buchmeier

    Corcoran Group

    (212) 355-3550

    Section Image
  • Paul Kolbusz

    Seller Co-Listing Agent in 2020

    Paul Kolbusz

    Corcoran Group

    (212) 500-7026

    39 Total Sales

    Section Image
  • Jessica Peters

    Seller's Agent in 2014

    Jessica Peters

    Douglas Elliman Real Estate

    (718) 486-4429

    22 in this area

    338 Total Sales

    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10614389

Real Estate Board of New York (REBNY)

APN: 01217-1007

New York Kings County Brooklyn 11216 Crown Heights

655 Franklin Ave Unit 4F, Brooklyn, NY

This home is located at 655 Franklin Ave Unit 4F, Crownhei, NY 11238 since 03 September 2019 and is currently estimated at $1,083,040. This property was built in 2014. 655 Franklin Ave Unit 4F is a home located in Kings County with nearby schools including Brooklyn Arts and Science Elementary School, Ebbets Field Middle School, and Explore Exceed Charter Lower School.

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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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