NOT LISTED FOR SALE

Lincoln Co-Operative Apartments 701 Gerald Ct Unit 4E Brooklyn, NY 11235

Gravesend Neighborhood

Estimated Value: $298,439

1 Bed
1 Bath
800 Sq Ft
$373/Sq Ft Est. Value

Sale Details

Date Sold: August 7, 2024

Last sale price $288,500 $361 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,982 / mo

Highlights

  • Handicap Accessible
  • Multiple cooling system units
  • Secure Lobby
  • P.S. 209 Margaret Mead Rated 9+
  • Cats Allowed

About This Home

As of August 2024

Explore the allure of this exceptional 1-bedroom co-op nestled within the highly desirable Lincoln Gardens community in Sheepshead Bay! Boasting approximately 800 sq ft of bright and generously spaced living area, this unit showcases a renovated kitchen with stainless steel appliances and an adjoining dining area with a window, creating a delightful culinary experience. Plentiful built-in closets ensure convenient storage, while the fully tiled bathroom with upgraded fixtures and its own window adds a touch of luxury. The unit features beautiful parquet floors throughout. Maintenance fees cover all utilities and real estate taxes, with an additional $36.75/unit charge for A/C usage from June to September. The building has undergone recent renovations, offering new laundry facilities, hallways, and elevators, along with the convenience of a live-in superintendent. This 100% co-op community welcomes cats only and prohibits subleasing. Ideally situated near Belt Pkwy, public transportation, shopping, and dining options, this home is an opportunity not to be missed.

Last Agent to Sell the Property

Svetlana Kruler

RE/MAX Edge License #10301216896 Listed on: 01/29/2024

RE/MAX Edge

Last Buyer's Agent

Svetlana Kruler

RE/MAX Edge License #10301216896 Listed on: 01/29/2024

RE/MAX Edge

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Co-Op

Home Design

  • 800 Sq Ft Home
  • Entry on the 4th floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Handicap Accessible
  • Multiple cooling system units

Listing and Financial Details

  • 181 Shares in the Co-Op
  • $9,050 Flip Tax

Community Details

Overview

  • 200 Units
  • Association Phone (718) 445-9500
  • Lincoln Gardens Condos
  • Property managed by John B. Lovett & Associates
  • Board Approval is Required

Amenities

  • Secure Lobby

Pet Policy

  • Cats Allowed

Property Details

Home Type

Co-Op

Listing Details

  • Bank Finance Y N U: Yes
  • Total Bathrooms: 1.00
  • Baths Total Level1: 1.00
  • Board Approval Y N U: Yes
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Co Op Shares: 181.00
  • Cross Street: East 7th St
  • Fee Includes Assessment Y N: No
  • Flip Tax Fee: 9050.00
  • Flip Tax Fee Type: $
  • Handicap Access Y N U: Yes
  • Maintenance Common Fee: 713.00
  • Negotiate Thru: Broker
  • Property Sub Type: Coop
  • Prop. Type: Residential
  • Residential Features: A/C Unit
  • Fill Sq Ft Total: 800
  • Stock Certificate Y N: Yes
  • Street Name I D X: Gerald
  • Sub Lease Yn: No
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Floor: 4
  • Pets Allowed: Yes
  • Basement Type: Apartment

Utilities

  • Air Conditioning Units: 2
  • Utilities: All

Condo/Co-op/Association

  • Management Company: John B. Lovett & Associates
  • Manager Phone: 718-445-9500
  • Pets Allowed: Cat(s) Only
  • Units In Building: 200

Lot Info

  • Building Project Name: Lincoln Gardens

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Gravesend, NY

  • Oleg Semyanchuk Real Estate Agent - Keller Williams Realty Staten

    Oleg Semyanchuk

    Keller Williams Realty Staten

    (716) 466-5772

    68 Total Sales

    3 in Gravesend

    $532K - $670K Price Range

    Oleg Semyanchuk
     Section Image
  • Yeugena Atayan Real Estate Agent - RE/MAX Real Estate Professiona

    Yeugena Atayan

    RE/MAX Real Estate Professiona

    (866) 450-0598

    24 Total Sales

    3 in Gravesend

    $245K - $1.5M Price Range

    Yeugena Atayan
     Section Image
  • Kawing Chiu Real Estate Agent - Ashford Homes LLC

    Kawing Chiu

    Ashford Homes LLC

    (844) 251-3656

    105 Total Sales

    2 in Gravesend

    $400,000 Price Range

    Kawing Chiu
     Section Image
  • Gary Fleming Real Estate Agent - Emerald Elite Realty

    Gary Fleming

    Emerald Elite Realty

    (848) 281-3975

    64 Total Sales

    1 in Gravesend

    $950,000 Price

    Gary Fleming
     Section Image
  • Thomas Smith Real Estate Agent - Re/Max Edge

    Thomas Smith

    Re/Max Edge

    (855) 247-4454

    83 Total Sales

    1 in Gravesend

    $1,210,000 Price

    Thomas Smith
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$288,500 --
Sardo Gulmira $235,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/07/2024 08/07/24 Sold $288,500 -3.5% $361 / Sq Ft
04/02/2024 04/02/24 Price Changed $299,000 -6.3% $374 / Sq Ft
01/29/2024 01/29/24 For Sale $319,000 -- $399 / Sq Ft
01/29/2024 01/29/24 Pending -- -- --
Source: Brooklyn Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 -- --
2025 -- --
2024 -- --
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $236,505 $2,337,750 $246,600 $2,091,150
Source: Public Records

Agents Affiliated with this Home

  • Svetlana Kruler Real Estate Agent - RE/MAX Edge

    Seller's Agent in 2024

    Svetlana Kruler

    RE/MAX Edge

    (347) 210-9037

    1 in this area

    10 Total Sales

    Svetlana Kruler
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About Lincoln Co-Operative Apartments

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 479545

Brooklyn Board of REALTORS®

APN: 07224-00374E

New York Kings County Brooklyn 11235 Gravesend

701 Gerald Ct Unit 4E, Brooklyn, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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