NOT LISTED FOR SALE

Estimated Value: $718,000 - $797,000

1 Bed
1 Bath
637 Sq Ft
$363/mo HOA Fee

Last Sold January 04, 2023

Last sale price $705,000 $1,107 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,092/month

292 Days on Market

Highlights

  • New Construction
  • 4-minute walk to 25 Street
  • Southeast Facing Home
  • Balcony
  • Garage
  • Property is in excellent condition

About This Home

As of January 2023

Establishing a new standard for boutique development and with only four units per floor, 734 Fifth Avenue provides residents with comfort, private outdoor spaces, elegance and amenities (including a roof deck) in the heart of Brooklyn's Greenwood Heights neighborhood. A limited collection of 20 designer residences, 80% of which incorporate private outdoor space, 734 Fifth Avenue boasts superb views of the Manhattan skyline and New York's glittering harbor with a beautiful park space right outside your doorstep! All of this while being the best-priced new development project in all of Brooklyn!



The bold Modernist architecture of the exterior contains five floors of one-bedroom/one-bath apartments. The gracious, open layouts are flooded with light through oversized custom double-pane windows by Pella. Timeless interior finishes incorporate beamed ceilings, wide-plank oak hardwood flooring and discreet recessed lighting for a mood that is both warm and effortlessly chic.



Unit 6D is highlighted by its 57 SF private balcony with views of Greenwood park, a modern open concept with strong proportions, and a flawless designer kitchen. Finishes include custom wood carpentry and Artic White Quartz countertops while Ceramiche Supergres marble tile backsplashes impart a sleek contemporary effect. Appliances include refrigerators and gas ranges by KitchenAid along with Bosch dishwashers; fixtures are by Kohler.The bathrooms are bright, intimate and beautifully finished with custom millwork and vanity tops. Italian wall tiles are complemented by Kohler fixtures. Each residence also includes a convenient washer/dryer closet with hookups ready for installation.



The location in Greenwood Heights abuts the burgeoning shopping corridor of Fifth Avenue as well as providing access to neighboring districts such as Windsor Terrace and Park Slope. Named after the historic cemetery with the aesthetics of a beautiful park located at its center, the neighborhood has numerous cafes, restaurants and shopping options. Nearby Prospect Park, Industry City, Barclay's Center, the Brooklyn Museum and the Brooklyn Botanical Garden are all within easy reach; transportation includes the D/N/R/W trains a block away.



734 Fifth offers a package room, bicycle storage, virtual doorman system by Carson, available on-site parking, and a roof deck providing stunning views in all directions of some of New York City's greatest icons - the Statue of Liberty, the Manhattan skyline and Greenwood Cemetery itself, the last a vast urban forest open to the public and providing a green space equal in size to Prospect Park! As a place to watch the sunset and listen to the distant bells and whistles of the Harbor, 734 Fifth Avenue is nothing less than spectacularTHE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM SPONSOR. FILE NO. CD-18-0068.

Last Agent to Sell the Property

Yair Tavivian

Douglas Elliman Real Estate License #10301212650 Listed on: 02/09/2022

Douglas Elliman Real Estate

Co-Listed By

Ariel Tavivian

Douglas Elliman Real Estate License #10301213955

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,088

Year Built

  • Built in 2019 | New Construction

Lot Details

  • Southeast Facing Home
  • Property is in excellent condition

HOA Fees

  • $363 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 637 Sq Ft Home
  • Entry on the 6th floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Washer Dryer Allowed
  • Balcony

Community Details

  • 20 Units
  • Brooklyn Subdivision
  • 6-Story Property

Listing and Financial Details

  • Tax Block 00649

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,088

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$363 per month

Listing Details

  • Cross Street: 23 STREET and 24 STREET
  • Exposures: South, East
  • Delivered Vacant: Yes
  • BuildingRules: BuildingWasherDryerAllowed
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Brooklyn
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Washer Dryer, Washer Dryer Allowed
  • Living Area: 637.0
  • Living Area Units: Square Feet
  • Floor Number: 6

Beds/Baths

  • Bathrooms Total: 1.0
  • Full Bathrooms: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Balcony
  • Property Condition: Excellent

Garage/Parking

  • Garage: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 363.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • New Development: Yes
  • Units: 20
  • Total Stories: 6
  • Year Built: 2019

Tax Info

  • Tax Block: 00649
  • Building Tax Lot: 0038
  • Tax Annual: 8088.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2022
Closed on
Jan 4, 2023
Sold by
5Th Ave Db Llc
Bought by
Adler Cara
Seller's Agent
Yair Tavivian
Douglas Elliman Real Estate
List Price
$735,000
Sold Price
$705,000
Premium/Discount to List
-$30,000
-4.08%
Views
6
Current Estimated Value
$751,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,293
Avg. Annual Appreciation
0.84%
Original Mortgage
$564,000
Outstanding Balance
$548,268
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$172,825
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Adler Cara $705,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adler Cara $564,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2023 01/04/23 Sold $705,000 -4.1% $1,107 / Sq Ft
11/29/2022 11/29/22 Pending -- -- --
11/29/2022 11/29/22 For Sale $735,000 +4.3% $1,154 / Sq Ft
08/10/2022 08/10/22 Off Market $705,000 -- --
05/09/2022 05/09/22 Price Changed $735,000 +5.2% $1,154 / Sq Ft
02/09/2022 02/09/22 For Sale $699,000 -- $1,097 / 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 $8,716 $70,380 $11,881 $58,499
2024 $8,716 $72,559 $11,881 $60,678
2023 $6,966 $70,091 $11,881 $58,210
2022 $8,221 $69,683 $11,881 $57,802
2021 $8,086 $68,137 $11,881 $56,256
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10817954

Real Estate Board of New York (REBNY)

APN: 00649-1129