80 Adelphi St Unit 4A Brooklyn, NY 11205
Fort Greene NeighborhoodEstimated Value: $644,778 - $835,000
1
Bed
1
Bath
570
Sq Ft
$538/mo
HOA Fee
Highlights
- Rooftop Deck
- Balcony
- Central Air
- City View
- Eat-In Kitchen
- 3-minute walk to Oracle Playground
About This Home
As of June 2019Welcome to The Verdi Condominiums at 80 Adelphi Street in Fort Greene, Brooklyn adjacent to the Brooklyn Navy Yard, a booming development along the northern shores of the East River that is quickly changing the shape of the Fort Greene neighborhood. This highly sought address in Brooklyn is easily accessible to the thriving cultural, dining, shopping, and art scenes of Fort Greene, Downtown Brooklyn, and DUMBO.
With open views of Manhattans iconic skyline, the Brooklyn Navy Yard, and the brownstone laden streets of Fort Greene, you cant miss seeing what this home has to offer. Built in 2009, the condominium provides a modern facade in this historical neighborhood and has an ongoing property tax abatement that continues through 2025. The building consists of fourteen residences and with summer fast approaching you wont want to miss spending those beautiful New York summer days on the shared roof deck with 360 degree views of Brooklyn & Manhattan. Common charges are low and include an elevator, voice & video intercom, laundry, building maintenance by a superintendent, and shared roof access.
Residence 4A is an open concept, sunny one bedroom, one bathroom home with a balcony and floor-to-ceiling double-pane, soundproof windows with wide open views facing north and east. Prepare a gourmet meal on the gas range while looking out the kitchen window at the Manhattan skyline, take in the morning sunrises with coffee and the New York Times from the east facing balcony, or enjoy a quiet evening at home relaxing in the soaking tub. The recently renovated kitchen includes gorgeous marble counter tops, a stainless steel sink with premium faucet and soap dispenser, and stainless steel appliances, including a gas range, double door refrigerator, and a full-size dishwasher with enough room to install a washer & dryer. An over-sized bedroom allows for various furniture options and contains a large, double swinging door closet. You will never worry about temperature control as this apartment provides central air conditioning and heating.
This home not only makes the perfect residence for Brooklynites, it also serves as a smart investment property for investors seeking a competitive return on investment. The Brooklyn Navy Yard is a rapidly developing industrial, office, and retail hot spot hosting over 10,000 jobs at 300+ companies, such as WeWork, Steiner Studios, and Black Box. In 2018, the Brooklyn Navy Yard Development Corporation released plans to invest $2.5 billion in additional square footage, which will bring 13,000 additional jobs (and residents) to the area. Buy-in now at an already strong cap rate and your return on investment will continue growing year after year.
Are you working late nights in the Brooklyn Navy Yard and want a home nearby to maximize your work/life balance? Are you looking for a home within 15 minutes of the Pratt Institute? Are you seeking a quick commute to downtown Brooklyn or Manhattan? Are you a real estate investor seeking to capitalize on the high returns the Brooklyn Navy Yard will continue bringing to the neighborhood? Perhaps you are a Fort Greene aficionado looking for modern living? This home is for you! Contact us today to schedule a private showing.
Last Listed By
MaryElizabeth S Licensed as Mary Smith
Corcoran Group License #10401264684 Listed on: 03/26/2019
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $120
Year Built
- 2007
HOA Fees
- $538 Monthly HOA Fees
Interior Spaces
- 570 Sq Ft Home
- City Views
- Eat-In Kitchen
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Additional Features
- Balcony
- Central Air
Community Details
Overview
- Fort Greene Subdivision
Amenities
- Rooftop Deck
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 26, 2019
Closed on
Jun 13, 2019
Sold by
Andrews Ava Lavern
Bought by
Breneman Joanna
List Price
$599,000
Sold Price
$599,000
Total Days on Market
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,695
Avg. Annual Appreciation
3.23%
Original Mortgage
$539,100
Outstanding Balance
$478,878
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$245,817
Purchase Details
Closed on
May 26, 2010
Sold by
Adelphi Street Associates Llc
Bought by
Andrews Ava Lavern
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,128
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Breneman Joanna | $599,000 | -- | |
| Andrews Ava Lavern | $278,904 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Breneman Joanna | $539,100 | |
| Closed | Breneman Joanna | $539,100 | |
| Previous Owner | Andrews Ava L | $56,500 | |
| Previous Owner | Andrews Ava Lavern | $267,128 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/20/2022 04/20/22 | Off Market | $599,000 | -- | -- |
| 06/13/2019 06/13/19 | Sold | $599,000 | 0.0% | $1,051 / Sq Ft |
| 04/18/2019 04/18/19 | Pending | -- | -- | -- |
| 03/26/2019 03/26/19 | For Sale | $599,000 | -- | $1,051 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $5,067 | $53,682 | $4,635 | $49,047 |
| 2023 | $3,589 | $58,951 | $4,635 | $54,316 |
| 2022 | $2,280 | $55,317 | $4,635 | $50,682 |
| 2021 | $1,112 | $41,373 | $4,635 | $36,738 |
| 2020 | $59 | $46,940 | $4,635 | $42,305 |
| 2019 | $124 | $42,129 | $4,635 | $37,494 |
| 2018 | $125 | $39,832 | $4,635 | $35,197 |
| 2017 | $125 | $37,940 | $4,634 | $33,306 |
| 2016 | $127 | $34,995 | $4,635 | $30,360 |
| 2015 | $99 | $27,104 | $4,635 | $22,469 |
| 2014 | $99 | $28,104 | $4,635 | $23,469 |
Source: Public Records
Agents Affiliated with this Home
-
MaryElizabeth S Licensed as Mary Smith
Seller Co-Listing Agent in 2019
MaryElizabeth S Licensed as Mary Smith
Corcoran Group
(347) 421-1360
1 in this area
27 Total Sales
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10529997
APN: 02044-1006
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