NOT LISTED FOR SALE

721 Flushing Ave Unit 7B Brooklyn, NY 11206

Estimated Value: $743,693 - $994,000

2 Beds
2 Baths
-- Sq Ft
$574/mo HOA Fee

Last Sold May 31, 2020

Last sale price $900,000

Est. 2% decrease in value since last sale

Current estimated payment $5,180/month

133 Days on Market

About This Home

As of May 2020

Sunny Penthouse apartment with 1000 spacious sq ft in elevator condo. This home features an L-shaped living room with glass sliding doors that lead to a large private terrace showcasing open views of Manhattan. The gourmet kitchen features tasteful granite countertops and GE stainless steel appliances. The expansive island creates a gorgeous and inviting space that is ideal for entertaining. The bedrooms are well-situated on the opposite side of the apartment away from the living room and entertainment area. Both bedrooms feature oversized windows and deep, large closets; the master bedroom boasts a private en-suite bathroom. A large guest bathroom features modern finishes and there is a washer and dryer just across the hall. Hardwood floors throughout the apartment add to the warmth and style of this modern home. Thornton Park is a boutique condo comprised of 14 luxury apartments. The building features a private gym, and gated on-site parking available for purchase separately. The 421 tax abatement runs until 2032. Located in the burgeoning East Williamsburg neighborhood, it is just one block from the J & M train and 15 minutes from Manhattan. Come see why you should call this sprawling penthouse your home! Nearby fabulous restaurants include Win Son Restaurant and Bakery, Roberta's and Dun-Well Doughnuts.

Last Agent to Sell the Property

Lori McNichol

Douglas Elliman Real Estate License #30MC1016136 Listed on: 09/19/2019

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $528

Year Built

  • Built in 2006

HOA Fees

  • $574 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 99th floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling

Community Details

  • Thornton Park Condos
  • Williams Subdivision
  • 7-Story Property

Listing and Financial Details

  • Tax Block 2276

Property Details

Home Type

Condominium

Est. Annual Taxes

$528

Year Built

Built in 2006

Lot Details

0

HOA Fees

$574 per month

Listing Details

  • Cross Street: Thornton Street & Broadway
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: WILLIAMS
  • Entry Level: 99
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Living Area Units: Square Feet

Beds/Baths

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

Garage/Parking

  • Garage: Yes

Utilities

  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 574.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: Thornton Park
  • Total Stories: 7
  • Year Built: 2006

Tax Info

  • Tax Block: 2276
  • Tax Annual: 528.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2019
Closed on
May 6, 2020
Sold by
Mccabe Jack and Mccabe Kristen Fay
Bought by
French Lee
Seller's Agent
Lori McNichol
Douglas Elliman Real Estate
List Price
$975,000
Sold Price
$900,000
Premium/Discount to List
-$75,000
-7.69%
Current Estimated Value
$880,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,077
Avg. Annual Appreciation
-0.38%
Original Mortgage
$821,340
Outstanding Balance
$724,626
Interest Rate
3.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$156,297

Purchase Details

Closed on
Nov 20, 2015
Sold by
Mccabe Jack and Mccabe Kristen Fay
Bought by
Mccabe Jack and Mccabe Kristen Fay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,072
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2013
Sold by
Smith Jamil and Smith Victoria Jasmine
Bought by
Mccabe Jack and Mccabe Kristen F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,800
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2008
Sold by
Flushing 2 Realty Llc
Bought by
Smith Jamil and Smith Victoria Jasmine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
French Lee $900,000 --
French Lee $900,000 --
Mccabe Jack -- --
Mccabe Jack -- --
Mccabe Jack $536,000 --
Mccabe Jack $536,000 --
Smith Jamil $492,000 --
Smith Jamil $492,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open French Lee $821,340
Closed French Lee $821,340
Previous Owner Mccabe Jack $37,072
Previous Owner Mccabe Jack $428,800
Previous Owner Smith Jamil $393,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2020 05/31/20 Sold $900,000 -7.7% --
01/31/2020 01/31/20 Pending -- -- --
09/19/2019 09/19/19 For Sale $975,000 +78.9% --
12/04/2013 12/04/13 Sold -- -- -- View Prior Sale
11/04/2013 11/04/13 Pending -- -- --
05/07/2013 05/07/13 For Sale $545,000 -- $541 / 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 $384 $94,029 $8,223 $85,806
2024 $384 $86,759 $8,223 $78,536
2023 $376 $80,224 $8,223 $72,001
2022 $375 $78,149 $8,223 $69,926
2021 $376 $72,426 $8,223 $64,203
2020 $185 $81,668 $8,223 $73,445
2019 $387 $77,956 $8,223 $69,733
2018 $390 $77,067 $8,224 $68,843
2017 $390 $62,024 $8,223 $53,801
2016 $396 $49,457 $8,223 $41,234
2015 $309 $45,526 $8,223 $37,303
2014 $309 $43,115 $8,223 $34,892
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10616705

Real Estate Board of New York (REBNY)

APN: 02276-1014