NOT LISTED FOR SALE

854 Putnam Ave Unit 1B Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $1,011,000 - $1,317,000

2 Beds
2.5 Baths
1,575 Sq Ft
-- Built

Sale Details

Date Sold: November 5, 2020

Last sale price $1,065,000 $676 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,946 / mo

61 Days on Market

Highlights

  • New Windows
  • Laundry Facilities
  • South Facing Home
  • Garden

About This Home

As of November 2020

PENDING 421A 20 YEAR TAX ABATEMENT - OPEN HOUSE BY APPOINTMENT ONLY

854 Putnam Ave is a modern, newly built 8-unit boutique condominium nestled amongst a beautiful tree-lined street in historic Stuyvesant-Heights. Catering to those seeking an outdoor oasis without sacrificing interior space, this generously proportioned 1575 sq. ft. two and a half bedroom (2.5BR), two and a half bath (2.5BTH) duplex with 594 sq. ft. private garden can easily be converted into a spacious three-bedroom (3BR), three-bathroom (3BTH) that checks off all the boxes.

Every detail has been considered to maximize design and comfort: polished porcelain tile flooring with radiant heating throughout, floor-to-ceiling windows allowing for abundant natural light, electronic mirrors with blue-tooth controlled sound in the bathrooms, central AC/heat, in unit washer/dryer, plus a Leelan smart home video intercom system with a host of optional upgrades.

The open concept chef's kitchen features custom matte lacquer cabinetry, speckled quartz countertops, a stainless-steel Bosch appliance package with 30'' gas range cooktop, 24'' convection oven, built in microwave, front loading dishwasher, and a 32'' French door Fisher & Paykel refrigerator.

Stepping out from 854 Putnam Ave., you will be surrounded by the classic serenity of brownstone Brooklyn and the energy of a culturally diverse community with superb dining, craft cocktail joints, home-made marketplaces, and destination hang-outs. Local favorites include Chez Oskar, The Wilky, L'Antagoniste, Trad Room, Nana Ramen, Chez Alex, Trade Union, Manny's Wine Shop, Saraghina, Cheri's, Casablanca, Natural Blend, and LunÁtico. The J/Z Train at Gates Ave only 5 blocks away and the A/C Trains at both Utica and Ralph Aves allow for an easy commute to Manhattan. 421A tax abatement awaiting finalization, further reducing the already low carrying charges!

Last Agent to Sell the Property

Dain Lee

Corcoran Group License #10301212704 Listed on: 07/16/2020

Corcoran Group

Co-Listed By

Mathew Krem

Corcoran Group License #10301218989

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,428

Lot Details

  • South Facing Home
  • Garden

HOA Fees

  • $292 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,575 Sq Ft Home
  • 4-Story Property
  • New Windows

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling

Community Details

Overview

  • 8 Units
  • Stuyhei Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,428

Lot Details

0 Sq Ft Lot

HOA Fees

$292 per month

Listing Details

  • Cross Street: Malcom X blvd
  • Exposures: South
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: STUYHEI
  • Entry Level: 1
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 1575.0
  • Living Area Units: Square Feet
  • Window Features: New Windows

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Garden

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 292.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Units: 8
  • Total Stories: 4

Tax Info

  • Tax Block: 0
  • Tax Annual: 4428.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2024
Sold by
Kuai Katarina
Bought by
Katarina L Kuai Trustee and The Katarina L Kuai Revocable Trust
Current Estimated Value
$1,178,938

Purchase Details

Listed on
Jul 16, 2020
Closed on
Nov 5, 2020
Sold by
Krah Patrick and Krah Tara
Bought by
Kuai Katarina
Seller's Agent
Dain Lee
Corcoran Group
List Price
$1,095,000
Sold Price
$1,065,000
Premium/Discount to List
-$30,000
-2.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.88%
Original Mortgage
$958,500
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Katarina L Kuai Trustee -- --
Katarina L Kuai Trustee -- --
Kuai Katarina $1,065,000 --
Kuai Katarina $1,065,000 --
Kuai Katarina $1,065,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kuai Katarina $958,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/05/2020 11/05/20 Sold $1,065,000 -2.7% $676 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
07/16/2020 07/16/20 For Sale $1,095,000 +4.4% $695 / Sq Ft
06/05/2018 06/05/18 Sold $1,049,000 0.0% $666 / Sq Ft View Prior Sale
05/06/2018 05/06/18 Pending -- -- --
01/24/2018 01/24/18 For Sale $1,049,000 -- $666 / 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 $5,346 $118,007 $9,420 $108,587
2024 $5,346 $110,706 $9,420 $101,286
2023 $4,857 $92,255 $9,420 $82,835
2022 $4,844 $85,241 $9,420 $75,821
2021 $4,706 $85,241 $9,420 $75,821
2020 $4,431 $91,641 $9,420 $82,221
2019 $4,148 $85,395 $9,420 $75,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10650419

Real Estate Board of New York (REBNY)

APN: 01652-1002

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