NOT LISTED FOR SALE

95 Lexington Ave Unit 5D Brooklyn, NY 11238

Bed-Stuy Neighborhood

Estimated Value: $1,329,000 - $2,050,000

-- Bed
1 Bath
-- Sq Ft
$1,000/mo HOA Fee

Last Sold August 01, 2018

Last sale price $1,850,000

Est. 11% decrease in value since last sale

Current estimated payment $10,687/month

128 Days on Market

Highlights

  • Pre War Building
  • 4-minute walk to Classon Avenue
  • 2-minute walk to Cuyler Gore Park

About This Home

As of August 2018

Create a Three or Four Bedroom in this Clinton Hill-Border 1500sf Penthouse Duplex Condo with Outdoor Space & Super Low Carrying Charges



A true 3 or 4 Bedroom is a rare animal these days and luckily this oversized 1500sf 2 bedroom Penthouse can be easily modified to create a 3 or 4 bedroom/3 bath unit. The apartment is unusal and beautiful in that it resembles more of a Tribeca warehouse loft than a typical Brooklyn apartment. It has the classic attributes of an industrial loft: soaring 15 foot ceilings, a huge expansive 28 foot "Great Room" first floor with a wall of five foot high windows, original factory wood floors, and last but not least, exposed brick walls and exposed massive ceiling beams. The great room on the first level is where one could add more bedrooms and even another bath so your bedroom count could be 3 or 4 in total, (see attached potential layouts in floorplans) .

The present layout is a split 2 bedroom/2 bath with an en suite master bedroom and bath upstairs and the former dining room is being used as the second bedroom downstairs. The living area on the first floor is all open and includes a 15 foot kitchen, a large 28 foot by 21 foot living room with enough space for a separate large dining table and home office. The kitchen is a true chefs kitchen with Wenge cabinetry, tons of cabinets, prep space and an 8 foot center island with a white caesarstone-type countertop. Appliances are the stainless steel Frigidaire Professional Series: side by side fridge, a 32 inch stove and dishwasher. There is additional storage in the 10 foot pantry behind the kitchen. The stacked washer/drier is located there and the Hvac for both air and heat, is in another nearby closet. Plus, there's a deeded storage space in the basement.The two baths are a clean and classic design and have white subway tile, slate mosaic floors and Duravit fixtures and fittings.The downstairs has a soaking tub whereas upstairs, it is a full bath with a shower.

Upstairs you can lie in bed and watch the sun rise: the master bed room has a 15 foot wall that's mostly glass leading out to the first of 2 roof terraces, measuring about 29 feet by 20 ft, about 600sf and then the 2nd roof terrace is up an exterior stair to that second 600sf area. They both are planked and have exceptional views including the Brooklyn Bridge and the Empire State Building.95 Lexington is the former Trolley Museum of New York and is a well maintained, and a well run established condo since 2008. There are 20 units and the apartment has low carrying charges of $1000 per month and real estate taxes are super low at $250 per month due to A J51 that will remain in effect until 2028. And, it is investor friendly, pet friendly and pied-a-terre friendly. And, 10 percent down is allowed.The building is located just steps off Classon Avenue , the official Clinton Hill border. You are close by to many of the local favorites restaurants like Speedy Romeo, Choice Market,The Finch, and Bedford Hall. The historic Frederick Olmstead & Calvert Vaux designed Fort Greene Park is a short walk away. Transportation wise, It is close to the G train at Classon Ave or the C train at Fulton and Washington Ave. Additionally, cultural happenings at BAM or antiquing at the Brooklyn Flea are nearby.

Price :$1,949,999

CC: $1000 per month

RE Taxes: $250 per month

Square Footage inside: 1500sf

Square Footage outside: 1200sf

Condo.

Last Agent to Sell the Property

Kathleen Perkins

Compass License #10301202910 Listed on: 02/14/2018

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,000

HOA Fees

  • $1,000 Monthly HOA Fees

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Community Details

  • 20 Units
  • Clinthl Subdivision
  • 5-Story Property

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,000

Lot Details

0

HOA Fees

$1,000 per month

Listing Details

  • Cross Street: Classon & Franklin Aves.
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: CLINTHL
  • Architectural Style: Prewar
  • Entry Level: 99
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Dryer, Washer
  • Living Area Units: Square Feet
  • Rooms (Total): 2

Beds/Baths

  • Bathrooms Integer: 1

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1000.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Units: 20
  • Total Stories: 5

Tax Info

  • Tax Block: 0
  • Tax Annual: 3000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2018
Closed on
Aug 1, 2018
Sold by
Huston Elizabeth and Weissman Eli
Bought by
Madigan Sarah
Seller's Agent
Kathleen Perkins
Compass
List Price
$1,950,000
Sold Price
$1,850,000
Premium/Discount to List
-$100,000
-5.13%
Current Estimated Value
$1,642,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$207,193
Avg. Annual Appreciation
-4.05%
Original Mortgage
$1,572,500
Outstanding Balance
$1,374,128
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$7,654

Purchase Details

Closed on
Sep 1, 2010
Sold by
Gt Ii Llc
Bought by
Huston Elizabeth and Weissman Eli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.51%
Mortgage Type
Purchase Money Mortgage
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
Madigan Sarah $1,850,000 --
Huston Elizabeth $736,195 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madigan Sarah $12,867
Open Madigan Sarah $160,000
Open Madigan Sarah $1,572,500
Previous Owner Huston Elizabeth $6,613
Previous Owner Huston Elizabeth $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2022 04/20/22 Off Market $1,850,000 -- --
08/01/2018 08/01/18 Sold $1,850,000 -5.1% --
07/02/2018 07/02/18 Pending -- -- --
02/23/2018 02/23/18 For Sale $1,950,000 -- --
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 $8,827 $143,568 $4,726 $138,842
2024 $8,827 $132,458 $4,726 $127,732
2023 $5,454 $117,113 $4,726 $112,387
2022 $3,352 $106,647 $4,726 $101,921
2021 $3,185 $94,003 $4,726 $89,277
2020 $1,393 $105,850 $4,726 $101,124
2019 $2,659 $108,765 $4,726 $104,039
2018 $4,020 $94,832 $4,726 $90,106
2017 $3,870 $87,221 $4,726 $82,495
2016 $3,689 $78,720 $4,726 $73,994
2015 $6,800 $72,705 $4,727 $67,978
2014 $6,800 $65,370 $4,727 $60,643
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10096236

Real Estate Board of New York (REBNY)

APN: 01967-1220