NOT LISTED FOR SALE

Estimated Value: $986,000 - $1,417,000

2 Beds
2 Baths
1,094 Sq Ft
2006 Built

Sale Details

Date Sold: October 8, 2021

Last sale price $1,087,000 $994 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $8,854 / mo

99 Days on Market

Highlights

  • City View
  • 3-minute walk to Bergen Street (F,G Line)
  • Laundry Facilities
  • Central Air

About This Home

As of October 2021

87 Smith Street #8B is a bright, modern Boerum Hill two-bedroom/two-bathroom condo with a wide open exposure for all day light and views you must see to believe. 87 Smith Street #8B checks all the boxes: bright all-day light from south and west exposures, 9-foot ceilings, 3" wide plank wood floors, two generously-sized bedrooms (master bedroom has a corner with view of New York Harbor and the Statue of Liberty), two large bathrooms (the master bath is en-suite, and has dual faucets, a deep soaking tub and large shower stall) and a lofty great room with protected city views of Boerum Hill and the Verrazano Bridge. The statement kitchen has excellent storage, breakfast bar, stainless Bosch dishwasher, gas range, microwave and stainless GE Profile refrigerator. There is a Bosch washer/dryer in the laundry closet. Closets abound, including a large entry coat closet, a walk-in second bedroom closet and two master suite closets.

The Smith Condo at 87 Smith Street is a pet-friendly building with doorman, video intercom, two elevators, bike storage and a garage (separate fee). Attached to the NU Hotel, "a wonderful little boutique hotel in the heart of beautiful brownstone Brooklyn" (yelp), means you will have a place to lodge visitors as if they were in your own home. Enjoy the fabulous boutiques, restaurants, gyms and antique shops along Boerum Hills Court Street, Smith Street and Atlantic Avenue or the stroll to Brooklyn Bridge Park nearby. Easy access to Downtown Brooklyn and the 2,3,4,5 trains at Borough Hall, as well as the A, C, F and R trains at Jay Street/Metro Tech. 421a Tax Abatement until 2022. SHOWINGS BY APPOINTMENT ONLY. PLEASE CONTACT EXCLUSIVE AGENT.

Last Agent to Sell the Property

Jeff Gardner

Corcoran Group License #10301210397 Listed on: 05/16/2021

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,884

Year Built

  • Built in 2006

HOA Fees

  • $1,150 Monthly HOA Fees

Home Design

  • Entry on the 8th floor

Interior Spaces

  • 1,094 Sq Ft Home
  • City Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air

Listing and Financial Details

  • Tax Block 176

Community Details

Overview

  • 50 Units
  • The Smith Condos
  • Boerum Hill Subdivision
  • 12-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,884

Year Built

Built in 2006

Lot Details

0 Sq Ft Lot

HOA Fees

$1,150 per month

Listing Details

  • Cross Street: STATE STREET and ATLANTIC AVENUE
  • Exposures: South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Boerum Hill
  • Entry Level: 8
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 1094.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common On Floor
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1150.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Building Name: THE SMITH
  • Units: 50
  • Total Stories: 12
  • Year Built: 2006

Tax Info

  • Tax Block: 176
  • Tax Annual: 7884.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2021
Closed on
Oct 8, 2021
Sold by
Bought by
Seller's Agent
Jeff Gardner
Corcoran Group
List Price
$1,149,000
Sold Price
$1,087,000
Premium/Discount to List
-$62,000
-5.4%
Current Estimated Value
$1,210,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,199
Avg. Annual Appreciation
2.25%
Original Mortgage
$1,087,000
Interest Rate
0.028%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 21, 2008
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,087,000 --
$702,592 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $100,000
Open $1,087,000
Previous Owner $200,000
Previous Owner $7,335
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/08/2021 10/08/21 Sold $1,087,000 -5.4% $994 / Sq Ft
08/24/2021 08/24/21 Pending -- -- --
05/16/2021 05/16/21 For Sale $1,149,000 0.0% $1,050 / Sq Ft
05/08/2020 05/08/20 Rented -- -- --
04/08/2020 04/08/20 Under Contract -- -- --
03/28/2020 03/28/20 For Rent $5,000 -- --
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $12,690 $120,467 $5,651 $114,816
2025 $12,037 $116,079 $5,651 $110,428
2024 $12,037 $107,107 $5,651 $101,456
2023 $11,326 $103,110 $5,651 $97,459
2022 $11,009 $108,773 $5,651 $103,122
2021 $7,887 $79,009 $5,651 $73,358
2020 $2,981 $89,898 $5,651 $84,247
2019 $4,111 $87,329 $5,651 $81,678
2018 $2,263 $84,879 $5,652 $79,227
2017 $689 $68,138 $5,651 $62,487
2016 $699 $63,598 $5,651 $57,947
2015 $546 $62,865 $5,651 $57,214
2014 $546 $56,987 $5,651 $51,336
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10718624

Real Estate Board of New York (REBNY)

APN: 00176-1046

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