NOT LISTED FOR SALE

Estimated Value: $699,000 - $1,012,000

2 Beds
2 Baths
815 Sq Ft
$1,015/Sq Ft Est. Value

Last Sold April 24, 2019

Last sale price $645,000 $791 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,809/month

54 Days on Market

About This Home

As of April 2019

**Please view our virtual tour**

Welcome Spring from your brand new condo, carefully converted from a stately brownstone on a timeless tree-lined street in Brooklyn. 697 Monroe Street blends Bed-Stuy's pre-war aesthetic with modern luxuries such as central heating and cooling, washer/dryer, blow out wall of windows, and space-efficient layouts. The appliance package includes Bosch, Liebherr, Bertazzoni, Electrolux, and Sharp; icons of German, Italian, and Swiss craftsmanship. Details such as copper Emtek hinges and doorknobs and hand-painted Moroccan accent tiles provide this building with just enough personality to make you feel right at home. Love every aspect of your new home, and enjoy hanging out on your stoop and chatting with your neighbors.

Unit 3 is a 2 Bedroom / 1.5 Bath with an amazing living/dining area looking over the open kitchen. Southern-facing bedrooms let in steady direct light. The full bath has Jack and Jill access to the master, and the half bath has the washer/dryer tucked in the closet. An incredible apartment priced below what you would expect.

697 Monroe Street is located 2 avenues from the Gates Avenue J and Z train. The A and C train is also located to the South. Local hot spots include Saraghina, Le'Antagoniste, Lunatico, Toad Style, Manny's, and The Wilky. When you're done viewing the apartments, grab a latte at Cup of Brooklyn or Cafe on Ralph, or perhaps some ink at Black Sheep Tattoo.

This is not an offering. The complete offering terms are in an offering plan available from the sponsor. File No. CD-17-0282.

**Please ask about nearby upcoming inventory**

Last Agent to Sell the Property

Eric Volpe

Corcoran Group License #10301219675 Listed on: 01/14/2019

Corcoran Group

Co-Listed By

Rebekah Carver

Douglas Elliman Real Estate License #10301214883

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $2,664

HOA Fees

  • $383 Monthly HOA Fees

Home Design

  • Entry on the 99th floor

Interior Spaces

  • 815 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling

Community Details

  • 2 Units
  • Bed Stuy Subdivision

Listing and Financial Details

  • Tax Block 1637

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$2,664

Lot Details

0

HOA Fees

$383 per month

Listing Details

  • Cross Street: Patchen Ave
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: BED-STUY
  • Entry Level: 99
  • Special Features: VirtualTour
  • Property Sub Type: Coop
  • Stories: 2

Interior Features

  • Living Area: 815.0
  • Living Area Units: Square Feet

Beds/Baths

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 383.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condop

Building Info

  • New Construction: No
  • Units: 2
  • Total Stories: 2

Tax Info

  • Tax Block: 1637
  • Tax Annual: 2664.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2021
Sold by
Avishay Cynthia and Avishay Lior
Bought by
Avishay Michael
Current Estimated Value
$827,235

Purchase Details

Listed on
Jan 14, 2019
Closed on
Apr 24, 2019
Sold by
697 Monroe Street Llc
Bought by
Avishay Cynthia and Avishay Lior
Seller's Agent
Eric Volpe
Corcoran Group
List Price
$699,000
Sold Price
$645,000
Premium/Discount to List
-$54,000
-7.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.76%
Original Mortgage
$387,000
Outstanding Balance
$336,701
Interest Rate
4%
Mortgage Type
Unknown
Estimated Equity
$490,534
Source: Public Records
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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
Avishay Michael -- --
Avishay Cynthia $645,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avishay Cynthia $387,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2019 04/24/19 Sold $645,000 -7.7% $791 / Sq Ft
03/11/2019 03/11/19 Pending -- -- --
01/15/2019 01/15/19 For Sale $699,000 -- $858 / 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 $1,711 $97,469 $13,421 $84,048
2024 $1,711 $81,230 $13,421 $67,809
2023 $1,207 $67,691 $13,421 $54,270
2022 $1,201 $66,517 $13,421 $53,096
2021 $740 $53,180 $13,421 $39,759
2020 $1,595 $54,522 $13,421 $41,101
2019 $514 $12,917 $3,713 $9,204
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10560499

Real Estate Board of New York (REBNY)

APN: 01637-1003