NOT LISTED FOR SALE

Estimated Value: $785,000 - $849,000

1 Bed
1 Bath
738 Sq Ft
$476/ mo HOA Fee

Last Sold December 29, 2023

Last sale price $745,000 $1,009 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,704/month

24 Days on Market

Highlights

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

About This Home

As of December 2023

Introducing the Epitome of Contemporary Living in The Heart of The Brooklyn Navy Yard. Welcome home to a pristine one-bedroom residence in the award-winning Navy Green, a LEED-certified marvel designed by FXFowle Architects. This exceptional opportunity is enhanced with remarkably low common charges, a 421-A tax abatement, and a superb array of amenities-all at just over $1,000 per square foot! With taxes abated until 2042, your home stands as a truly sustainable asset.

Situated on the 7th floor, revel in eastern sunlight & open city views. The apartment showcases sleek 5" white oak floors and generously proportioned rooms adorned with expansive picture windows, along with ample closet space, including a commodious walk-in. Transition through the open kitchen, adorned with quartz countertops, a ceramic backsplash, top-tier stainless steel appliances, and bespoke white cabinetry, to a capacious living area bathed in natural light. The 738 SF foot print comfortably allows for a dining table for 6!

Begin your day with sunlight streaming into the bedroom, offering ample space for a king-sized bed and a dedicated workstation for those working from home. Unwind in the spa-like bathroom adorned with porcelain wall tiles, polished chrome fixtures, and a vanity finished in smoked walnut with a solid surface sink.

Navy Green offers an array of on-site amenities, including a 30,000-square-foot verdant courtyard and garden, an exquisitely landscaped rooftop deck with BBQ facilities and panoramic views of the East River, Manhattan, and Downtown Brooklyn. The elegantly designed glass-framed lobby boasts a comfortable seating area, complemented by two elevators for convenience. Additional features include a fitness room, bike storage, cold storage, laundry facilities, superintendent services, and a cutting-edge cloud-based smart intercom system.

The Navy Yard stands as one of the most captivating revitalizations in New York City. This historic landmark, with roots tracing back to the 17th century, has evolved into a thriving hub and a community of visionaries in technology, art, architecture, and culinary arts. Nearby, you'll find Wegman's Food Markets and the eagerly awaited The Hall Development, encompassing 10 buildings and over 650,000 square feet, poised to become a new epicenter for retail, dining, and creative offices. Buildings 77 and 92 house renowned destinations such as Russ & Daughters and Transmitter Brewing, while WeWork and the NYC Ferry are a stone's throw away from Building 77. Enjoy an unhurried, open-air commute directly into Downtown and Midtown Manhattan!

This cultural enclave in Brooklyn adjoins Clinton Hill, Fort Greene, Bed-Stuy, Dumbo, and Williamsburg. Positioned mere moments from Fort Greene Park, Myrtle Avenue, and Dekalb Avenue-two of Brooklyn's most vibrant culinary thoroughfares. Public transportation options abound, with CitiBike stations across the street, B57/B69/B62 buses just around the corner, and the F line on York, as well as the A, C, F, and R lines on Jay St - MetroTech, and the G line on Clinton-Washington Avenue. Seamless access to the BQE, Brooklyn Bridge, and Manhattan Bridge completes the picture of effortless urban connectivity!

Last Agent to Sell the Property

Marvin Chu

Corcoran Group License #10301209550 Listed on: 08/24/2023

Corcoran Group

Co-Listed By

Katy Kong

Corcoran Group License #10401318672

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $204

Year Built

  • Built in 2015

HOA Fees

  • $476 Monthly HOA Fees

Home Design

  • Entry on the 7th floor

Interior Spaces

  • 738 Sq Ft Home
  • City Views
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • East Facing Home
  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 1155 / 02033

Community Details

Overview

  • High-Rise Condominium
  • 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

$476 per month

Listing Details

  • Exposures: East
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Fort Greene
  • Entry Level: 7
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 738.0
  • 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, None
  • 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: 476.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

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: 1155
  • Tax Annual: 204.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2023
Closed on
Dec 29, 2023
Sold by
Borgmeyer Matthew Everett
Bought by
Diniz Marcio Augusto
Seller's Agent
Marvin Chu
Corcoran Group
List Price
$750,000
Sold Price
$745,000
Premium/Discount to List
-$5,000
-0.67%
Views
38
Current Estimated Value
$809,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,461
Avg. Annual Appreciation
3.81%
Original Mortgage
$670,500
Outstanding Balance
$659,353
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$150,108

Purchase Details

Closed on
Jun 6, 2016
Sold by
Navy Green R2 Llc and Nyc Partnership Housing Development Fund
Bought by
Borgmeyer Matthew Everett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,350
Interest Rate
3.48%
Mortgage Type
New Conventional
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
Diniz Marcio Augusto $745,000 --
Borgmeyer Matthew Everett $338,034 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diniz Marcio Augusto $670,500
Previous Owner Borgmeyer Matthew Everett $259,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2023 12/29/23 Sold $745,000 -0.7% $1,009 / Sq Ft
10/19/2023 10/19/23 Pending -- -- --
09/24/2023 09/24/23 For Sale $750,000 -- $1,016 / 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 $202 $87,619 $1,728 $85,891
2024 $202 $80,337 $1,728 $78,609
2023 $198 $69,984 $1,728 $68,256
2022 $197 $62,965 $1,728 $61,237
2021 $198 $61,533 $1,728 $59,805
2019 $203 $69,548 $1,728 $67,820
2018 $205 $61,174 $1,728 $59,446
2017 $205 $30,330 $1,728 $28,602
2016 $208 $28,454 $1,728 $26,726
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10924770

Real Estate Board of New York (REBNY)

APN: 02033-1155

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