NOT LISTED FOR SALE

714 Jefferson Ave Unit 1 Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $1,126,000 - $1,584,000

2 Beds
2.5 Baths
1,495 Sq Ft
$656/mo HOA Fee

Last Sold March 06, 2024

Last sale price $1,186,000 $793 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $8,311/month

384 Days on Market

About This Home

As of March 2024

714 Jefferson Ave is a brand new 7 unit boutique condo building on a quiet tree lined block in Bed Stuy. This collection of unique 1 and 2 bedroom apartments offer sleek designs, a striking color palate, and streamlined finishes throughout. Each unit benefits from a private storage space, shared roof deck, and vestibules on each floor.

Welcome to 714 Jefferson #1 a 1495 sq feet duplex apartment with 2 bedrooms and 2.5 bathrooms, a private patio, and backyard!

Upon entering the front door, you are greeted with ample living space, with large front facing windows, allowing plenty of light to pour in. The large kitchen has an entire wall of handleless cabinets, creating a ton of storage without visual clutter. The Bosch appliance package includes a wall mounted oven, dishwasher, range with hood that vents out, and headlined by a Bertazzoni cooktop! A spacious waterfall counter with deep overhang creates a space where you can fully tuck the stools underneath and out of sight. The deep living room has space for a dining table, large sectional, and entertainment system.

Both bedrooms have space for a queen bed, with the primary bedroom having an ensuite bathroom: the bathroom has a walk in tiled shower, with an infinity drain and black trim around the glass panel as well as heated floors! The second bedroom has direct access to the private outdoor space. Downstairs, there is a massive bonus room, that can easily be transformed into a movie theater, large home office, or guest quarters. Off of the bonus room, there is a private patio.

Every unit is wired with a Bluetooth speaker and comes with a storage unit included!

Taxes: $1004

Common charges: $656

Estimated closing date: Immediate

Located between Malcolm X Blvd and Patchen Ave, 714 Jefferson Ave has access to tons of local hotspots including Le'Antagoniste, Turtles All The Way Down, Trad Room and Chez Oskar. Halsey Market is just 2 blocks away, and Key Foods is just at the end of the block. Flow Pilates and Blink Fitness are two of the nearby fitness options, and there are Citi Bikes nearby plus easy street parking and access to the A and C trains at Utica. This is not an offering, the complete offering terms are in an offering plan available from File No. CD21 0132

Last Agent to Sell the Property

Daniel Cohen

Corcoran Group License #10401261296 Listed on: 09/05/2023

Corcoran Group

Co-Listed By

Edward Ugrinsky

Corcoran Group License #10401283710

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,048

Lot Details

  • 2,483

HOA Fees

  • $656 Monthly HOA Fees

Interior Spaces

  • 1,495 Sq Ft Home
  • Property has 2 Levels
  • City Views

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • No Cooling

Community Details

  • 7 Units
  • Stuyvesant Heights Subdivision

Listing and Financial Details

  • Tax Block 01657

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,048

Lot Details

0

HOA Fees

$656 per month

Listing Details

  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: Stuyvesant Heights
  • Architectural Style: Walk-Up
  • Entry Level: 1
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Fireplace: No
  • Living Area: 1495.0
  • Living Area Units: Square Feet
  • Rooms (Total): 8
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 2

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None
  • Green Building Features: Green Building
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 656.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 7
  • Total Stories: 4

Tax Info

  • Tax Block: 01657
  • Tax Lot: 0000
  • Tax Annual: 12048.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2023
Closed on
Mar 6, 2024
Sold by
714 Jefferson Llc
Bought by
Fertile Danialie
Seller's Agent
Daniel Cohen
Corcoran Group
List Price
$1,245,000
Sold Price
$1,186,000
Premium/Discount to List
-$59,000
-4.74%
Views
21
Current Estimated Value
$1,164,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,505
Original Mortgage
$600,000
Outstanding Balance
$591,753
Interest Rate
6.63%
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
Fertile Danialie $1,186,000 --
Fertile Danialie $1,186,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fertile Danialie $600,000
Closed Fertile Danialie $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2024 03/06/24 Sold $1,186,000 -4.7% $793 / Sq Ft
12/27/2023 12/27/23 Pending -- -- --
09/05/2023 09/05/23 For Sale $1,245,000 +5.0% $833 / Sq Ft
05/30/2023 05/30/23 Off Market $1,186,000 -- --
01/31/2023 01/31/23 For Sale $1,245,000 0.0% $833 / Sq Ft
01/30/2023 01/30/23 Off Market $1,245,000 -- --
12/07/2022 12/07/22 For Sale $1,245,000 -- $833 / 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 $14,679 $186,975 $24,845 $162,130
2024 $14,679 $155,785 $24,845 $130,940
2023 $13,591 $129,821 $24,845 $104,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10938208

Real Estate Board of New York (REBNY)

APN: 01657-1001