NOT LISTED FOR SALE

852 Cypress Ave Unit 3D Ridgewood, NY 11385

Ridgewood Neighborhood

Estimated Value: $805,000 - $943,467

1 Bed
2 Baths
1,018 Sq Ft
$580/mo HOA Fee

Last Sold April 14, 2023

Last sale price $860,000 $845 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,400/month

49 Days on Market

Highlights

  • Newly Remodeled
  • Pre War Building
  • Balcony

About This Home

As of April 2023

NOTE: This building currently qualifies for a 4.79% mortgage rate available under a specific program from a specific lender. The rate is subject to buyer qualifications for the program. Please ask for lender information.



Enormous duplex 1 bedroom loft w/TWO PRIVATE BALCONIES in the former Ridgewood Times Newspaper Building right on the border of Ridgewood and Bushwick. This chic and sunlit apartment has high ceilings complimented by beautiful wood flooring along with two private balconies, two bathrooms and an in unit washer/dryer. There are massive windows looking out onto each balcony and plenty of storage. The larger balcony/terrace is approximately 275 square feet with plenty of room for a table, chairs, etc. The smaller balcony is the perfect spot to get some air and enjoy the view.



Pet friendly, storage and bike storage available as well as a common roof deck. This unit measures approximately 1018 sq ft (with an additional 380 square feet of outdoor space) and includes a spacious entry foyer and an expansive, open living room, along with a full bathroom, laundry closet and two storage closets. The open kitchen has been beautifully renovated with wooden cabinets, a butcher block counter top and stainless steel appliances. A wooden spiral staircase brings you to the second floor bedroom with another full bathroom and all the closet space you've dreamed of having. You are conveniently located close to the Myrtle Avenue L and M trains. There is a J51 tax abatement in place that expires in 2026.



- Two Private Balconies

- Massive Living Area

- Open Kitchen w/Stainless Steel Appliances

- Washer/Dryer

- Dishwasher

- Two Full Bathrooms

- Harwood Floors

- Beamed Ceilings



Built in 1920 and converted in 2008, the original feel of the building and neighborhood is well preserved. This is the kind of loft that you've been looking for but can never seem to find. Showings are by appointment only with 48 hours notice.

Last Agent to Sell the Property

Matthew DeSilva

Compass License #10301218637 Listed on: 12/07/2022

Compass

Co-Listed By

Kunal Khemlani

Corcoran Group License #10401275824

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,152

Year Built

  • Built in 1923 | Newly Remodeled

HOA Fees

  • $580 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 3rd floor

Interior Spaces

  • 1,018 Sq Ft Home
  • 4-Story Property
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Outdoor Features

  • Balcony

Community Details

  • 19 Units
  • Times Building, The Condos
  • Ridgewood Subdivision

Listing and Financial Details

  • Tax Block 03547

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,152

Year Built

Built in 1923 | Newly Remodeled

Lot Details

0

HOA Fees

$580 per month

Listing Details

  • Cross Street: CORNELIA STREET and JEFFERSON AVENUE
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Ridgewood
  • Architectural Style: Prewar
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Dryer, Dishwasher, Washer Dryer Allowed, Washer
  • Living Area: 1018.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 580.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Building Name: TIMES BUILDING, THE
  • Units: 19
  • Total Stories: 4
  • Year Built: 1923

Tax Info

  • Tax Block: 03547
  • Tax Annual: 1152.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2022
Closed on
Apr 14, 2023
Sold by
Kontos Tracy A and Nunez Michael J
Bought by
Lennen Nicholas and Lubratich Natalie
Seller's Agent
Matthew DeSilva
Compass
List Price
$865,000
Sold Price
$860,000
Premium/Discount to List
-$5,000
-0.58%
Views
50
Current Estimated Value
$855,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,633
Avg. Annual Appreciation
-0.97%
Original Mortgage
$688,000
Outstanding Balance
$670,716
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$169,225

Purchase Details

Closed on
Mar 4, 2010
Sold by
Cypress Horizon Llc
Bought by
Kontos Tracy A and Nunez Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,664
Interest Rate
4.97%
Mortgage Type
Purchase Money Mortgage
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
Lennen Nicholas $860,000 --
Kontos Tracy A $410,670 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lennen Nicholas $688,000
Previous Owner Kontos Tracy A $9,148
Previous Owner Kontos Tracy A $397,664
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2023 04/14/23 Sold $860,000 -0.6% $845 / Sq Ft
02/02/2023 02/02/23 Pending -- -- --
12/14/2022 12/14/22 For Sale $865,000 -- $850 / Sq Ft
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 $3,152 $146,949 $20,211 $126,738
2024 $2,081 $149,338 $20,211 $129,127
2023 $2,972 $150,216 $20,211 $130,005
2022 $1,154 $150,197 $20,211 $129,986
2021 $1,102 $149,705 $20,211 $129,494
2020 $1,155 $149,705 $20,211 $129,494
2019 $1,391 $152,831 $20,211 $132,620
2018 $3,295 $130,919 $19,229 $111,690
2017 $3,432 $126,142 $17,790 $108,352
2016 $3,680 $126,142 $17,790 $108,352
2015 $3,520 $112,307 $14,916 $97,391
2014 $3,520 $100,859 $13,239 $87,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10841148

Real Estate Board of New York (REBNY)

APN: 03547-1018