NOT LISTED FOR SALE

Navy Green 8 Vanderbilt Ave Unit 5K Floor 5 Brooklyn, NY 11205

Clinton Hill Neighborhood

Estimated Value: $1,002,000 - $1,399,000

2 Beds
2 Baths
1,035 Sq Ft
$595/ mo HOA Fee

Last Sold May 27, 2021

Last sale price $998,000 $964 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,302/month

91 Days on Market

Highlights

  • Eat-In Kitchen
  • Central Air
  • West Facing Home
  • Entrance Foyer
  • Laundry Facilities

About This Home

As of May 2021

Why Rent When it?s Less Costly to Own? The Epitome of Modern Living in The Heart of The Brooklyn Navy Yard. Welcome home to an immaculate 2 bedroom 2 bathroom in the award-winning Navy Green, a LEED-certified new development designed by FXFowle Architects. Presenting a special opportunity to own an expansive 1,035 SF condo with absurdly low common charges, 25yr tax abatement and a fantastic amenity package ? all for under $1,000 per SF! 421-A tax abated until 2042! This split-bedroom layout apartment showcases sleek 5" white oak floors and graciously-sized rooms with oversized picture windows, abundant closets and custom designer shades. Enjoy pure tranquility complemented by treetop/garden views and Western exposure/light. Pass through the spacious foyer into a newly redesigned open kitchen featuring fresh quartz countertops & backsplash, full-sized stainless steel appliances, and custom white cabinetry with matte black accent panels. Enjoy the convenience & comforts of under cabinet dimmer lighting and under-counter washer/dryer! The bedrooms are separated by the sunlit living room, offering plenty of space for work-from-home, entertaining and private gatherings! Retreat into the Master Bedroom Oasis, appropriately sized for a king bed. Boasting a massive walk-in closet and en-suite master bath designed with porcelain wall tiles, chrome fixtures and smoked walnut finished vanity with solid surface sink. Sharing a similar design, the second full bathroom has Graniti and Nemo tiles and a natural oak finished vanity. It is conveniently adjacent to the spacious second bedroom. The home is complete with custom dimmable LED lighting and energy-efficient ceiling fans designed by HAIKU. 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, fitness room, bike room, cold storage, laundry room, live-in super, 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 Brooklyn Roasting Company ? 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. -- Open House/Viewings are by Appointment ONLY following mandated NYS health guidelines. Mask / Face coverings are required on site. Please email to register for a tour!

Last Agent to Sell the Property

Marvin Chu

Corcoran Group License #10301209550 Listed on: 12/01/2020

Corcoran Group

Co-Listed By

Evan Church

Corcoran Group License #30CH1028181

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $276

Year Built

  • Built in 2015

HOA Fees

  • $595 Monthly HOA Fees

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 1,035 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • West Facing Home
  • Central Air

Listing and Financial Details

  • Tax Block 2033

Community Details

Overview

  • Navy Green Condos
  • Clinton Hill Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$276

Year Built

Built in 2015

Lot Details

0 Sq Ft Lot

HOA Fees

$595 per month

Listing Details

  • Exposures: West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Clinton Hill
  • Entry Level: 5
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Features: Entrance Foyer, Eat-in Kitchen
  • Appliances: Dryer, Washer
  • Living Area: 1035.0
  • Living Area Units: Square Feet

Beds/Baths

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

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 595.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 149.0 x 62.0

Building Info

  • New Construction: No
  • Building Name: NAVY GREEN
  • Total Stories: 1
  • Year Built: 2015

Tax Info

  • Tax Block: 2033
  • Tax Annual: 276.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2020
Closed on
May 27, 2021
Sold by
Chu Dian and Chu Steven S
Bought by
Flynn Caitlin and Lieber Molly
Seller's Agent
Marvin Chu
Corcoran Group
List Price
$1,030,000
Sold Price
$998,000
Premium/Discount to List
-$32,000
-3.11%
Current Estimated Value
$1,092,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,564
Avg. Annual Appreciation
3.08%
Original Mortgage
$764,000
Outstanding Balance
$690,198
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$464,844

Purchase Details

Closed on
Jun 8, 2016
Sold by
Navy Green R2 Llc
Bought by
Chu Dian and Chu Steven S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage
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

Date Buyer Sale Price Title Company
Flynn Caitlin $955,000 --
Chu Dian $461,248 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flynn Caitlin $764,000
Previous Owner Chu Dian $290,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2021 05/27/21 Sold $998,000 -3.1% $964 / Sq Ft
12/01/2020 12/01/20 For Sale $1,030,000 -- $995 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $274 $118,988 $2,346 $116,642
2024 $274 $109,100 $2,346 $106,754
2023 $274 $95,040 $2,346 $92,694
2022 $269 $85,508 $2,346 $83,162
2021 $269 $83,563 $2,346 $81,217
2019 $276 $94,447 $2,346 $92,101
2018 $278 $83,076 $2,346 $80,730
2017 $278 $41,189 $2,346 $38,843
2016 $282 $38,642 $2,347 $36,295
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10685481

Real Estate Board of New York (REBNY)

APN: 02033-1141

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