NOT LISTED FOR SALE

Estimated Value: $1,329,000 - $1,727,000

2 Beds
1 Bath
1,258 Sq Ft
$766/mo HOA Fee

Last Sold August 25, 2022

Last sale price $1,120,000 $890 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $9,953/month

Highlights

  • Newly Remodeled
  • 5-minute walk to Carroll Street
  • Garden
  • P.S. 32 Samuels Mills Sprole Rated A-
  • Pre War Building
  • 3-minute walk to Gowanus Canal Sponge Park

About This Home

As of August 2022

A gorgeous new boutique condominium situated ideally between charming brownstone enclave Carroll Gardens and eclectic Gowanus, 85 Third Street is ready to call home. This immaculately designed new building offers three generous duplex homes, all with ample private outdoor space, oversized windows, and high-end finishes.



Residence A is a 1258 garden duplex home. The main floor has a large sunny living room and kitchen overlooking the gorgeous PRIVATE rear yard. The rear yard is truly special, with approximately 500 square feet of space and one of the oldest surviving trees in Brooklyn. The lower level has ample natural light and walks directly onto a sunny private patio. This floor will make a superb den/office/kids playroom/gym. This home represents a very good value to a savvy buyer. 85 Third Street truly sets a new bar for boutique luxury homes. The building greets you with a stately fa ade of artisanal brick. Unit 2 and the Penthouse have keyed elevator access directly into BOTH floors. There is central AC and heat with Nest controls, wide plank white oak floors, wooden Pella windows, 1.9' solid core doors, and washer/dryers. All units have ample northern and southern natural light. The kitchens have custom inset cabinetry, blue de savoie marble counters, Kohler fixtures, and integrated appliances by Thermador. The master bath has floor-to-ceiling marble tiling, while the secondary baths have hand-crafted subway tiling.



Nestled on coveted Third Street, known for being extra wide and sunny, your new home is very close to both Smith and Court Street, and incredible new hotspots in Gowanus including Parklife, Threes Brewing, Dinosaur BBQ, and Royal Palms. This union of size, quality, and location makes 85 Third Street an ideal place to call home.



85 Third Street: this is not an offering, the complete offering terms are in an offering plan available from the File No. CD200009.

Last Agent to Sell the Property

Alexander Maroni

Douglas Elliman Real Estate License #10301201619 Listed on: 08/29/2022

Douglas Elliman Real Estate

Co-Listed By

Hilah Williams

Douglas Elliman Real Estate License #10401219306

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,728

Year Built

  • Built in 1899 | Newly Remodeled

Lot Details

  • Home has North and South Exposure
  • Garden
  • Property is in excellent condition

HOA Fees

  • $766 Monthly HOA Fees

Home Design

  • Pre War Building

Interior Spaces

  • 1,258 Sq Ft Home
  • 4-Story Property
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Community Details

  • 3 Units
  • Carroll Gardens Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,728

Year Built

Built in 1899 | Newly Remodeled

Lot Details

0

HOA Fees

$766 per month

Listing Details

  • Cross Street: HOYT STREET and BOND STREET
  • Exposures: North, South
  • Delivered Vacant: Yes
  • BuildingRules: BuildingWasherDryerAllowed
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Carroll Gardens
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 1258.0
  • Living Area Units: Square Feet
  • Floor Number: 1

Beds/Baths

  • Bathrooms Total: 1.0
  • Full Bathrooms: 1
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Garden
  • Property Condition: Excellent

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 766.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • New Development: Yes
  • Units: 3
  • Total Stories: 4
  • Year Built: 1899

Tax Info

  • Tax Block: NA
  • Building Tax Lot: NA
  • Tax Annual: 7728.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2022
Closed on
Aug 25, 2022
Sold by
85 3Rd St Development Llc
Bought by
O'Sullivan Dane and Spencer Edmund
Seller's Agent
Alexander Maroni
Douglas Elliman Real Estate
List Price
$1,250,000
Sold Price
$1,120,000
Premium/Discount to List
-$130,000
-10.4%
Current Estimated Value
$1,564,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$444,357
Avg. Annual Appreciation
11.74%
Original Mortgage
$355,000
Outstanding Balance
$339,556
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,224,801
Source: Public Records

Range of Values:

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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
O'Sullivan Dane $1,140,440 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open O'Sullivan Dane $355,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2022 08/29/22 For Sale $1,250,000 +11.6% $994 / Sq Ft
08/25/2022 08/25/22 Sold $1,120,000 -- $890 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
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 $7,961 $132,548 $14,580 $117,968
2024 $7,961 $110,889 $14,580 $96,309
2023 $7,594 $98,010 $14,580 $83,430
2022 $7,042 $90,364 $14,580 $75,784
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10792632

Real Estate Board of New York (REBNY)

APN: 00461-1101