NOT LISTED FOR SALE

775 Prospect Place Unit 2 Brooklyn, NY 11216

Crown Heights Neighborhood

Estimated Value: $1,884,000 - $2,577,000

2 Beds
1 Bath
1,080 Sq Ft
1910 Built

About This Home

As of August 2018

Ascend to New Heights.On the border of Prospect Heights and Crown Heights is where youll find this gorgeous 2-bedroom, floor-through apartment in a classic Brooklyn townhouse. This supreme rental is where the past and present meet effortlessly-- the best of old warm world charm infused with modern touches. Original features remain like; decorative fireplaces mantles, pocket doors, 8 Panel glass French doors, original ceiling mouldings, built-ins, and original oak flooring with walnut inlays. All the rooms are generously proportioned and logically laid out so you will have no issues creating the most effective use of this space. The bedrooms are spacious with great closets. The kitchen boasts stainless steel appliances inclusive of a dishwasher, washer dryer and plenty of gorgeous cabinets. Bathroom features decorative wall tiles and marble flooring, stylish fixtures and deep soaking tub. It truly feels like a home. 775 Prospect is located near everything that is hip, happening and emerging. Enjoy the best of several neighborhoods without much effort. Explore Crown Heights, Prospect Heights, Clinton Hill, Fort Greene and Downtown Brooklyn without a car. Check out an eclectic range of retailers where you can shop, taste world wines or just sit and shoot the breeze in quaint cafes/shops. Or visit the landmarks like Prospect Park, the Brooklyn Museum, Botanical Garden, Grand Army Plaza and Barclays Arena. Get here by the 2,3,4 5 or S train at Franklin Avenue Station. Find Your Sweet Spot!

Last Agent to Rent the Property

Toni Martin

Corcoran Group License #10301207190 Listed on: 08/16/2018

Corcoran Group

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,517

Year Built

  • 1910

Home Design

  • 1,080 Sq Ft Home
  • Entry on the 2nd floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Eat-In Kitchen
  • Window Unit Cooling System

Community Details

  • 2 Units
  • Crown Heights Subdivision

Listing and Financial Details

  • Property Available on 8/16/18

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,517

Year Built

1910

Lot Details

0

Rental Info

  • Available Date: 2018-08-16

Listing Details

  • Cross Street: Nostrand Avenue/Rogers Avenue
  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Crown Heights
  • Entry Level: 2
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built (Public Record): 1910

Interior Features

  • Interior Features: Separate/Formal Dining Room, Eat-in Kitchen
  • Living Area: 1080.0
  • Living Area Units: Square Feet

Beds/Baths

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

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2011
Sold by
Hsbc Bank Usa National Association As and % Litton Loan Servicing Lp
Bought by
Palmer Hannah and Tavarez Alfredo
Current Estimated Value
$2,130,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,038
Outstanding Balance
$329,719
Interest Rate
4.52%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,800,397

Purchase Details

Closed on
Mar 1, 2011
Sold by
Mock-As Referee Judy S Esq
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Nov 12, 2009
Sold by
Mock Esq Referee Judy S
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Oct 20, 2006
Sold by
Austin Carl
Bought by
Robertson Joan Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2003
Sold by
1333 Realty Inc
Bought by
Austin Carl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
5.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 10, 2001
Sold by
1006 Realty Corp
Bought by
Rosen Mordechai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 1996
Sold by
Brown John A
Bought by
Brown John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
8.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 1994
Sold by
Brown John and Brown Mildred
Bought by
Brown John and Brown John A
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
Palmer Hannah $434,900 --
Palmer Hannah $434,900 --
Hsbc Bank Usa National Association -- --
Hsbc Bank Usa National Association -- --
Hsbc Bank Usa National Association $615,772 --
Hsbc Bank Usa National Association $615,772 --
Robertson Joan Ann $620,000 --
Robertson Joan Ann $620,000 --
Austin Carl $585,000 --
Austin Carl $585,000 --
1333 Realty Inc -- --
Rosen Mordechai -- --
1006 Realty Corp -- --
Rosen Mordechai -- --
Brown John -- Long Island Title Agency
Brown John -- Long Island Title Agency
Brown John -- --
Brown John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Hannah $479,038
Closed Palmer Hannah $479,038
Previous Owner Robertson Joan Ann $124,000
Previous Owner Austin Carl $464,000
Previous Owner Rosen Mordechai $250,000
Previous Owner Rosen Mordechai $0
Previous Owner Brown John $141,000
Closed Brown John $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2018 08/16/18 For Rent $2,550 -- --
08/16/2018 08/16/18 Rented -- -- --
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 $5,517 $104,700 $24,900 $79,800
2024 $5,517 $119,820 $24,900 $94,920
2023 $5,399 $147,000 $24,900 $122,100
2022 $4,107 $125,400 $24,900 $100,500
2021 $4,378 $96,840 $24,900 $71,940
2020 $1,938 $112,560 $24,900 $87,660
2019 $4,789 $110,400 $24,900 $85,500
2018 $4,516 $22,152 $4,296 $17,856
2017 $4,261 $20,901 $6,299 $14,602
2016 $4,178 $20,901 $8,504 $12,397
2015 $1,593 $20,220 $8,836 $11,384
2014 $1,593 $19,076 $8,725 $10,351
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10239931

Real Estate Board of New York (REBNY)

APN: 01226-0053