$949,000
SOLD JAN 31, 2025
2 Beds
1 Bath
822 Sq Ft
$531/mo HOA Fee

Recently Sold

$1,155 Per Sq Ft

20 Days on Market

Highlights

  • Balcony
  • Views
  • High-Rise Condominium

About This Home

As of January 2025

This property is exclusively listed by Michael Gidaly with Douglas Elliman Real Estate -please contact for a viewing appointment.



Experience a peaceful sanctuary on Park Place, blending city living with a relaxed, park-inspired ambiance. Overflowing with natural light and perched above the lush gardens and trees in the back of property. Look no further, you have found your home providing a sense of escape while situated in the vibrant core of Crown Heights. With floor to ceiling windows, lofty ceilings, a well-designed split-bedroom layout, and an open kitchen, the home emphasizes openness and brightness. Enjoy the wonderful fresh air on your oversized balcony overlooking the lush backyard gardens.



Wood floors throughout and custom built-ins enhance the character and practicality of this charming residence. The primary bedroom is massive, perfect for those who either have or who always wanted a king bed. The kitchen is thoughtfully crafted for ease, featuring ample cabinets, stainless steel appliances, and an expansive countertop. The second bedroom offers the option for a bedroom, home office, guest room, studio space and much more. The apartment features include both shower & tub/shower, A full-size in-unit washer and dryer and dishwasher in the apartment, tons of closet space.



the apartment comes with a dedicated deeded storage space & bike storage. For those who love to entertain, enjoy the massive rooftop deck with grill for larger gathering with those closest with you



765 Park Place is a pet-friendly, professionally managed condo offering a 421-tax abatement which is in place through 2036, ensuring manageable monthly expenses for the foreseeable future.



Public transportation and neighborhood amenities are all just outside your door making this the perfect apartment to call home!

Last Agent to Sell the Property

Michael Gidaly

Douglas Elliman Real Estate License #40GI1044566 Listed on: 11/07/2024

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $518

Year Built

  • Built in 2008

HOA Fees

  • $531 Monthly HOA Fees

Home Design

  • 822 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer Dryer Allowed

Additional Features

  • Balcony
  • No Cooling
  • Property Views

Community Details

  • 9 Units
  • High-Rise Condominium
  • Crown Heights Subdivision
  • 5-Story Property

Listing and Financial Details

  • Legal Lot and Block 1106 / 01233

Property Details

Home Type

Condominium

Est. Annual Taxes

$518

Year Built

Built in 2008

Lot Details

0

HOA Fees

$531 per month

Listing Details

  • Exposures: East,North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Crown Heights
  • Entry Level: 3
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Pets No Pets Comments: Pets Allowed,Building Pets Allowed Comments:Pets Allowed
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Interior Features: Dining Area
  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 822.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: Other
  • View: Yes
  • Exterior Features: Balcony
  • Patio/Porch Features: None, Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None, In Unit
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 531.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 9
  • Total Stories: 5
  • Year Built: 2008

Tax Info

  • Tax Block: 01233
  • Tax Lot: 1106

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2024
Closed on
Jan 31, 2025
Sold by
Derman Sonya Tamara
Bought by
Rott Jennifer
Seller's Agent
Michael Gidaly
Douglas Elliman Real Estate
List Price
$949,000
Sold Price
$949,000
Views
20
Current Estimated Value
$948,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$377
Avg. Annual Appreciation
-0.07%
Original Mortgage
$711,750
Outstanding Balance
$708,149
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$240,474

Purchase Details

Listed on
Oct 28, 2014
Closed on
Feb 3, 2015
Sold by
Folan Kerry
Bought by
Derman Sonya Tamara
List Price
$649,000

Purchase Details

Closed on
Jul 22, 2011
Sold by
Park Place Condos Llc
Bought by
Folan Kerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
4.52%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $949,000 --
Deed $684,000 --
Deed $339,690 --
Deed $339,690 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $711,750 Purchase Money Mortgage
Previous Owner $268,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Sold $949,000 0.0% $1,155 / Sq Ft
11/27/2024 11/27/24 Pending -- -- --
11/07/2024 11/07/24 For Sale $949,000 +46.2% $1,155 / Sq Ft
02/03/2015 02/03/15 Sold -- -- --
01/04/2015 01/04/15 Pending -- -- --
10/28/2014 10/28/14 For Sale $649,000 -- $790 / 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 $518 $117,077 $12,731 $104,346
2024 $518 $97,552 $12,731 $84,821
2023 $518 $81,293 $12,731 $68,562
2022 $508 $79,890 $12,731 $67,159
2021 $499 $63,881 $12,731 $51,150
2020 $511 $62,015 $12,731 $49,284
2019 $522 $51,692 $12,731 $38,961
2018 $527 $34,090 $10,074 $24,016
2017 $527 $31,565 $11,003 $20,562
2016 $533 $29,227 $12,731 $16,496
2015 -- $72,191 $12,731 $59,460
2014 -- $66,651 $12,731 $53,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11020144

Real Estate Board of New York (REBNY)

APN: 01233-1106