NOT LISTED FOR SALE

Estimated Value: $453,000 - $621,000

2 Beds
1 Bath
593 Sq Ft
$375/mo HOA Fee

Last Sold October 10, 2023

Last sale price $475,000 $801 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,591/month

6 Days on Market

Highlights

  • New Construction
  • Rooftop Deck
  • Central Air
  • Jhs 234 Arthur W Cunningham Rated A-
  • Balcony
  • Garage

About This Home

As of October 2023

Enjoy contemporary refinement and design in this luminous condo with a private balcony, a brand new 2-bedroom, 1-bathroom home nestled on a quiet residential loop in East Flatbush. Seven-inch wide plank Canadian oak floors add character and warmth. Gallery-style walls are perfect for showcasing art. Oversized Pella windows let in an abundance of natural light.
Residents enter into an open-plan kitchen and living and dining area perfect for lounging and casual entertaining. A private balcony allows for small alfresco meals, morning coffee, and more. The custom acrylic kitchen features an eat-in peninsula, gleaming MSI quartz countertops, custom Blum soft-close cabinets with LED underlighting, and stunning stainless steel appliances from LG.
A split-wing layout ensures both bedrooms are quiet and private. They each receive warm western light and have large reach-in closets and easy access to a full bathroom with a custom floating vanity, matte black Fine Fixtures, chic stone tile walls and floors, and a deep tub. The home has WAC recessed lights, an Aiphone intercom system, and a smart LG Wi-Fi-enabled combination washer/dryer.
Situated in East Flatbush, 785 East 34th Street is a boutique condominium with a private rooftop deck, a bicycle room, and private storage. The building sits on a unique residential loop and is close to Little Haiti, Flatbush, Ditmas Park, and South Midwood. It is close to Paerdegat Park and Brooklyn College, and it is moments from restaurants, bars, cafes, and shops clustered along Flatbush and Nostrand Avenues. Accessible subway lines include the 2 and 5.
Disclaimer: Sponsors offering to cover 50% of the monthly taxes for two years. Offer valid on only new contracts. Limited time only. Sponsors have the right to terminate the promotion at any time."
Disclaimer: The complete offering terms are available in an offering plan from the Sponsor, 34 Street Owner LLC, located at 223 Spencer St, #500, Brooklyn, NY 11205. File No. CD21-0327. All artist's renderings are for representational purposes only and are subject to variances. Equal Housing Opportunity.

Last Agent to Sell the Property

Natanel Malkoukian

REAVIS PARTNERS LLC - Residential - Brokerage License #10491213942 Listed on: 06/14/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,876

Year Built

  • Built in 2021 | New Construction

HOA Fees

  • $375 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 593 Sq Ft Home
  • Entry on the 3rd floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Balcony
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 15 / 4998

Community Details

Overview

  • Farragut Subdivision
  • 5-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,876

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • Cross Street: Brooklyn Road/Farragut Road
  • Exposures: North,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Farragut
  • Entry Level: 3
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 593.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony, Building Roof Deck
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 375.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 40.0 x 100.0

Building Info

  • New Construction: Yes
  • Total Stories: 5
  • Year Built: 2021

Tax Info

  • Tax Block: 4998
  • Tax Lot: 15
  • Tax Annual: 3876.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2023
Closed on
Oct 10, 2023
Sold by
34 Street Owner Llc
Bought by
Augustin Elizabeth
Seller's Agent
Natanel Malkoukian
REAVIS PARTNERS LLC - Residential - Brokerage
List Price
$550,000
Sold Price
$475,000
Premium/Discount to List
-$75,000
-13.64%
Views
15
Current Estimated Value
$530,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,839
Avg. Annual Appreciation
5.11%
Original Mortgage
$427,500
Outstanding Balance
$418,307
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$112,532
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Augustin Elizabeth $475,000 --
Augustin Elizabeth $475,000 --
Augustin Elizabeth $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Augustin Elizabeth $427,500
Closed Augustin Elizabeth $427,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2023 10/10/23 Sold $475,000 -13.6% $801 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
06/14/2023 06/14/23 For Sale $550,000 -- $927 / 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 $5,312 $48,452 $7,948 $40,504
2024 $5,312 $46,671 $7,948 $38,723
2023 $5,095 $44,943 $7,948 $36,995
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10902277

Real Estate Board of New York (REBNY)

APN: 04998-1009