NOT LISTED FOR SALE

Navy Green 8 Vanderbilt Ave Unit 11E Floor 11 Brooklyn, NY 11205

Clinton Hill Neighborhood

Estimated Value: $753,000 - $799,000

1 Bed
1 Bath
718 Sq Ft
2015 Built

Sale Details

Date Sold: October 24, 2023

Last sale price $725,000 $1,010 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,710 / mo

115 Days on Market

Highlights

  • Rooftop Deck
  • East Facing Home
  • High-Rise Community
  • City View

About This Home

As of October 2023

Why Rent When it is much Less Costly to Own?

The Epitome of Modern Living in The Heart of The Brooklyn Navy Yard. Welcome home to a triple-mint one bedroom in the award-winning Navy Green, a LEED-certified new development designed by FXFowle Architects. Presenting a special opportunity to own a luminous 718 SF condo with absurdly low common charges, 421-A abatement and a fantastic amenity package - all for under $1,100 per SF! Tax abated for another 19 years (Exp 2042), this home is both a sustainable asset and a fantastic investment opportunity with the potential to achieve a 4.7% cap rate cash on cash return.

Soaring on the 11th floor with eastern exposure & city views, the apartment also showcases sleek 5" white oak floors and graciously-sized rooms with oversized picture windows, and abundant closet space including a walk-in. Pass through the open kitchen featuring quartz countertops, ceramic backsplash, full-sized stainless steel appliances made by Bosch & Kitchenaid, and custom white cabinetry into a spacious living/dining area filled with natural light. Wake up from the sun gleaming into the bedroom that's large enough for a king-sized bed and a workstation for those (wfh) working from home! After a long day, the spa-like bathroom awaits...outfitted in porcelain wall tiles, chrome fixtures and smoked walnut finished vanity with solid surface sink.

Navy Green's on-site amenities include: 30,000 square feet grassy courtyard and garden, beautifully landscaped roof deck with BBQ and views of the East River, Manhattan, & Downtown Brooklyn, elegantly designed glass-framed lobby with seating area, two elevators, fitness room, bike room, cold storage, laundry room, superintendent services, and last but not least, a cloud-based smart intercom system.

The Navy Yard is one of the most exciting revitalizations in New York City. This historic landmark dating back to the 17th century is now a major hub & community of makers, creatives, tech-visionaries, artists, architects, foodies. Within close proximity are Wegman's Food Markets and the highly-anticipated The Hall Development which consists of 10 buildings, over 650K SF and new home to retail, restaurant and creative offices. Building 77 and 92 are home to well-known hotspots such as Russ & Daughters, and Transmitter Brewing - WeWork and the NYC Ferry are directly across Building 77 at the end of the block. Take advantage of a leisurely, open-air commute directly into Downtown & Midtown Manhattan!

This Brooklyn cultural district borders Clinton Hill, Fort Greene, Bed-Stuy, Dumbo and Williamsburg. Located moments away from Fort Greene Park, Myrtle Ave & Dekalb Ave, a pair of Brooklyn's hottest culinary streets. There are plenty of options for public transportation: CitiBike across the street, B57/B69/B62 buses right around the corner, F line on York and A, C, F &R lines on Jay St - MetroTech, and G line on Clinton-Washington Ave. Extremely easy access onto the BQE, Brooklyn Bridge & Manhattan Bridge!

Last Agent to Sell the Property

Marvin Chu

Corcoran Group License #10301209550 Listed on: 05/01/2023

Corcoran Group

Co-Listed By

Chris Cavorti

Corcoran Group License #10301206385

Last Buyer's Agent

Marvin Chu

Corcoran Group License #10301209550 Listed on: 05/01/2023

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $204

Year Built

  • Built in 2015

HOA Fees

  • $449 Monthly HOA Fees

Home Design

  • Entry on the 11th floor

Interior Spaces

  • 718 Sq Ft Home
  • City Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Washer Dryer Allowed
  • Washer and Dryer Hookup

Additional Features

  • Smoke Free Home
  • East Facing Home
  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 1189 / 02033

Community Details

Overview

  • High-Rise Community
  • Navy Green Condos
  • Fort Greene Subdivision
  • 12-Story Property

Amenities

  • Rooftop Deck
  • Courtyard

Property Details

Home Type

Condominium

Est. Annual Taxes

$204

Year Built

Built in 2015

Lot Details

0 Sq Ft Lot

HOA Fees

$449 per month

Listing Details

  • Exposures: East
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Fort Greene
  • Entry Level: 11
  • Structure Type: High Rise
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Interior Features: Smoke Free
  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 718.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Courtyard, Building Roof Deck
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Building Other
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 449.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Building Name: Navy Green
  • Total Stories: 12
  • Year Built: 2015

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 02033
  • Tax Lot: 1189
  • Tax Annual: 204.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2023
Closed on
Oct 24, 2023
Sold by
Bought by
Seller's Agent
Marvin Chu
Corcoran Group
Buyer's Agent
Marvin Chu
Corcoran Group
List Price
$765,000
Sold Price
$725,000
Premium/Discount to List
-$40,000
-5.23%
Views
82
Current Estimated Value
$781,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,335
Avg. Annual Appreciation
2.77%

Purchase Details

Listed on
Jul 8, 2015
Closed on
Jul 12, 2016
Sold by
Bought by
Seller's Agent
Peter Denby
Brown Harris Stevens Residential Sales LLC
List Price
$640,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
0.0354%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$725,000 --
$651,680 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $96,000
Previous Owner $480,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2023 10/24/23 Sold $725,000 -3.3% $1,010 / Sq Ft
09/08/2023 09/08/23 Pending -- -- --
07/28/2023 07/28/23 Price Changed $750,000 -2.0% $1,045 / Sq Ft
06/16/2023 06/16/23 For Sale $765,000 0.0% $1,065 / Sq Ft
06/16/2023 06/16/23 Off Market $765,000 -- --
05/15/2023 05/15/23 For Sale $765,000 0.0% $1,065 / Sq Ft
07/22/2021 07/22/21 Rented -- -- --
06/22/2021 06/22/21 Under Contract -- -- --
05/04/2021 05/04/21 For Rent $2,895 0.0% --
07/13/2016 07/13/16 Sold -- -- -- View Prior Sale
06/13/2016 06/13/16 Pending -- -- --
07/08/2015 07/08/15 For Sale $640,000 -- $891 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $207 $95,735 $1,770 $93,965
2025 $207 $89,782 $1,770 $88,012
2024 $207 $82,320 $1,770 $80,550
2023 $203 $71,712 $1,770 $69,942
2022 $202 $64,519 $1,770 $62,749
2021 $199 $63,052 $1,770 $61,282
2019 $208 $71,265 $1,770 $69,495
2018 $210 $62,685 $1,771 $60,914
2017 $210 $31,079 $1,770 $29,309
2016 $213 $29,157 $1,770 $27,387
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10915263

Real Estate Board of New York (REBNY)

APN: 02033-1189

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