NOT LISTED FOR SALE

Estimated Value: $1,557,000 - $1,779,190

2 Beds
2.5 Baths
1,623 Sq Ft
$562/mo HOA Fee

Last Sold July 24, 2023

Last sale price $1,475,000 $909 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $9,597/month

20 Days on Market

About This Home

As of July 2023

First showing and OH Sunday 12-130p.

Spacious Fort Greene duplex condo with PRIVATE PARKING included! This recently constructed, turnkey condo, set back from the sidewalk by a private sunken terrace, features deeded outdoor space, private storage, a giant recreation space with additional sleeping rooms, deeded on-site parking, and low taxes (abated through 2033!) in a small boutique 5-unit building.

Unit 1A is a substantial 1623sf legal 2 bedroom (currently set-up as a three, with two rooms downstairs), 2.5 bathroom apartment that has high ceilings, receives excellent light, is extremely quiet, and has a huge rec room that has been strategically re-imagined by the current owners for practical living (with two sleeping rooms!) and work from home. The designated roof space has open views and room for tables and chairs, with the added benefit of access to a shared BBQ grill, electric, and water.

The upper level of the apartment has 4" oak hardwood flooring throughout and recessed lighting, and features an open kitchen, dedicated dining area, and sizable living room for relaxing and entertaining. The stylish kitchen has contemporary white cabinetry, stainless steel appliances, a dishwasher, and sleek countertops. The wide living/dining room features oversized windows that allow an abundance of light to enter. There is also a full bathroom here, complete with soaking tub, and several closets on this floor. The bright master bedroom off to the side has corner windows, custom curtains, excellent closet space, and a beautifully-designed, windowed ensuite full bath with Toto fixtures.

Proceed down the floating stairs (with useful storage underneath) to the lower rec room, which has fantastic ceiling height and has been smartly re-designed to feature two full sleeping rooms that receive great light from the private sunken terrace (perfect for plants and flowers); a reading (or office) area; another practical lounge space; and a huge laundry room. This floor also holds a half bathroom adjacent to the massive walk-in laundry space, which has stacked W/D, sink, and abundant storage space. The apartment also features central heat and A/C, as well as a video intercom system.

74 Adelphi is a small self-managed condo completed in 2017 with low common charges and a J-51 Tax abatement until 2033, making the taxes only $89/month! Situated in one of the most amenity-rich and dynamic areas of Brooklyn, this boutique building is surrounded by superb shopping, nightlife and dining, including favorites Evelina, Colonia Verde, Roman's, Miss Ada, and Saraghina Caffe, on nearby DeKalb, Myrtle, and Fulton Streets. It also provides easy access to Wegmans, Russ & Daughters, and the Brooklyn Navy Yard. Beautiful Fort Greene Park with tennis courts is only two blocks away. In terms of transportation, the Navy Yard ferry is a short walk, as are both the C and G trains, in addition to Brooklyn's entertainment/transportation hub including BAM, the Barclays Center, and the 2,3,4,5,Q,B,M,N,R trains and LIRR. Finally, the extensive shopping at City Point (with Trader Joe's) and the express stop at Dekalb Avenue are all nearby. Come make this incredible home yours today! (Please contact Listing Agent only for all showing requests).

Last Agent to Sell the Property

Sascha Beicken

Corcoran Group License #10401275067 Listed on: 04/18/2023

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,068

HOA Fees

  • $562 Monthly HOA Fees

Interior Spaces

  • 1,623 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms

Community Details

  • 5 Units
  • Fort Greene Subdivision

Listing and Financial Details

  • Tax Block 01824

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,068

Lot Details

0

HOA Fees

$562 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Fort Greene
  • Entry Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Living Area: 1623.0
  • Living Area Units: Square Feet
  • Rooms (Total): 8

Beds/Baths

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

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 562.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Units: 5
  • Total Stories: 3

Tax Info

  • Tax Block: 01824
  • Tax Annual: 1068.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2023
Closed on
Jul 24, 2023
Sold by
Chandra Shruti and Lakdawala Viraj
Bought by
Garibaldi Scott and Solomon Jessica
Seller's Agent
Sascha Beicken
Corcoran Group
List Price
$1,449,000
Sold Price
$1,475,000
Premium/Discount to List
$26,000
1.79%
Views
55
Current Estimated Value
$1,641,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,798
Avg. Annual Appreciation
5.11%
Original Mortgage
$370,365
Outstanding Balance
$362,104
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,274,790

Purchase Details

Listed on
Feb 10, 2017
Closed on
May 12, 2017
Sold by
One Manhattan Llc
Bought by
Chandra Shruti and Lakdawala Viraj
Seller's Agent
Alexander Maroni
Douglas Elliman Real Estate
List Price
$1,199,000
Sold Price
$1,125,000
Premium/Discount to List
-$74,000
-6.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.47%
Original Mortgage
$940,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
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
Garibaldi Scott $1,475,000 --
Garibaldi Scott $1,475,000 --
Chandra Shruti $1,196,444 --
Chandra Shruti $1,196,444 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garibaldi Scott $370,365
Closed Garibaldi Scott $370,365
Previous Owner Chandra Shruti $940,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2023 07/24/23 Sold $1,475,000 +1.8% $909 / Sq Ft
05/09/2023 05/09/23 Pending -- -- --
04/18/2023 04/18/23 For Sale $1,449,000 +28.8% $893 / Sq Ft
05/15/2017 05/15/17 Sold $1,125,000 -6.2% $693 / Sq Ft
04/15/2017 04/15/17 Pending -- -- --
02/11/2017 02/11/17 For Sale $1,199,000 -- $739 / 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 $1,063 $115,613 $5,568 $110,045
2024 $1,063 $91,318 $5,568 $85,750
2023 $1,063 $80,710 $5,568 $75,142
2022 $1,075 $74,406 $5,564 $68,842
2021 $1,114 $72,297 $5,564 $66,733
2019 $1,107 $86,095 $5,564 $80,531
2018 $2,840 $101,288 $5,563 $95,725
2017 $3,925 $104,065 $5,558 $98,507
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10869842

Real Estate Board of New York (REBNY)

APN: 02044-1201