NOT LISTED FOR SALE

Estimated Value: $593,000 - $654,630

2 Beds
2 Baths
850 Sq Ft
0.62 Acres

Last Sold December 04, 2019

Last sale price $524,000 $616 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,251/month

Highlights

  • Virtual Doorman
  • Wood Flooring
  • Multiple cooling system units
  • Intercom to Front Desk
  • Terrace
  • Baseboard Heating

About This Home

As of December 2019

Price Improvement! Enjoy the convenience of living in a newly constructed secured pet friendly elevator 2 bedroom / 2 bath condominium in Gravesend, Brooklyn, complete with an upright washer/dryer in your apartment. Bright and airy open floor plan with doors that open up to a large L-shape terrace with Verrazano Bridge views. Plenty of closets allow for abundant storage space. Kitchen is complemented with granite counter tops, cherry wood cabinets and stainless steel appliances, including a dishwasher. Beautiful hardwood floors throughout. Master bedroom en suite gives access to a generous size walk-in closet. Second bedroom is spacious and comes equipped with its own closet. Apartment features 2 full bathrooms, both complete with a bathtub.

Very low carrying charges -- low monthly common fees in addition to the condominium being tax abated for approximately an additional 8+ years. Condo wired for Fios and Optimum. Convenient location with easy access to major highways, parks, plenty of shopping and restaurants. Seller is motivated!!!

Last Agent to Sell the Property

Renee Dorsa

Listed on: 02/14/2019

Last Buyer's Agent

Renee Dorsa

Listed on: 02/14/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,248

Year Built

  • Built in 2012

Lot Details

  • 0.62

Parking

  • Parking Lot

Interior Spaces

  • 850 Sq Ft Home
  • Wood Flooring

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Multiple cooling system units
  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Gas

Additional Features

  • Terrace
  • Sprinkler System

Listing and Financial Details

  • Tax Block 6910
  • Property eligible for a tax abatement

Community Details

Overview

  • 20 Units
  • Association Phone (917) 741-6215
  • 26 Avenue & Cropsey Realty, Llc Condos
  • Property managed by 26 Avenue & Cropsey Realty, LLC

Amenities

  • Virtual Doorman
  • Intercom to Front Desk
  • Elevator

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,248

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Additional Fee Includes: Dishwasher, Parking, Washer/Dryer
  • Total Bathrooms: 2.00
  • Baths Total Level1: 2.00
  • Beds Total Level1: 2
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: Cropsey Avenue
  • Cross Street Name2: 26th Avenue
  • Down Payment Required: 10
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Baseboard, Hot Water
  • Maintenance Common Fee: 167.00
  • Negotiate Thru: Broker
  • Parking Attributes: Outdoor
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall, Dishwasher, Dryer, Elevator, Refrigerator, Stove, Terrace, Washer
  • Rooms Total Level1: 3
  • Fill Sq Ft Total: 850
  • Street Name I D X: 26
  • Street Number I D X: 8895
  • Waterfront Present: No
  • Year Built: 2012
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Hardwood
  • Entry Floor: 4
  • Pets Allowed: Yes
  • Room Count: 5
  • Total Rooms: 3
  • Basement Type: Apartment

Exterior Features

  • Exterior Building Type: Detached
  • Lot Number: 7501

Utilities

  • Air Conditioning Units: 3
  • Heating Fuel: Gas
  • Utilities: Parking, Sprinkler System, Water

Condo/Co-op/Association

  • Management Company: 26 Avenue & Cropsey Realty, LLC
  • Manager Phone: 917-741-6215
  • Pets Allowed: Both Cats & Dogs, Multiple Pets Allowed
  • Units In Building: 20

Lot Info

  • Building Project Name: 26 Avenue & Cropsey Realty, LLC

Tax Info

  • Tax Abatement: Yes
  • Flip Tax Amount: 1248.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2019
Closed on
Nov 20, 2019
Sold by
Hoffspiegel Steven S
Bought by
Cheung Lok Kan and Chu Estela
Seller's Agent
Renee Dorsa
Buyer's Agent
Renee Dorsa
Sold Price
$524,000
Current Estimated Value
$611,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,075
Avg. Annual Appreciation
2.89%
Original Mortgage
$419,200
Outstanding Balance
$371,172
Interest Rate
3.6%
Estimated Equity
$245,376

Purchase Details

Closed on
Mar 12, 2014
Sold by
26 Avenue & Cropsey Realty Llc
Bought by
Hoffspiegel Steven S
Source: Public Records

Range of Values:

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Average Value
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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
Cheung Lok Kan $524,000 --
Hoffspiegel Steven S $436,020 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheung Lok Kan $3,550
Open Cheung Lok Kan $419,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2019 12/04/19 Sold $524,000 -- $616 / Sq Ft
02/14/2019 02/14/19 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $99 $77,679 $14,929 $62,750
2024 $99 $75,589 $14,929 $60,660
2023 $97 $73,351 $14,929 $58,422
2022 $96 $70,211 $14,929 $55,282
2021 $95 $62,097 $14,929 $47,168
2020 $98 $67,637 $14,929 $52,708
2019 $99 $67,637 $14,929 $52,708
2018 $100 $65,846 $14,929 $50,917
2017 $100 $62,265 $14,929 $47,336
2016 $102 $59,859 $14,930 $44,929
2015 -- $54,076 $14,929 $39,147
2014 -- $72,503 $14,929 $57,574
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 427263

Brooklyn Board of REALTORS®

APN: 06910-1016