$1,735,000
SOLD APR 20, 2023
3 Beds
2 Baths
1,595 Sq Ft
$1,542/mo HOA Fee

Recently Sold

$1,088 Per Sq Ft

1% Above List Price

10 Days on Market

Highlights

  • Balcony
  • 4-minute walk to 4 Avenue-9 Street (D,M,N,R Line)
  • 1-minute walk to Washington Park Dog Run
  • Garage
  • West Facing Home

About This Home

As of April 2023

OPEN HOUSE CANCELED

Bright, airy, and enormous! Welcome to apartment 5I at the highly sought after and full service Novo condominium! This nearly 1600 sq foot 3 bed, 2 bath home feels massive with a completely open concept kitchen/living/dining area that totals over 1000 sq ft. The kitchen features a giant island with breakfast bar, a stainless steel appliance package, plenty of counter space, tons of storage, and an oversized pantry that will delight all cooking afficionados. Southwest facing windows throughout the apartment allow for tons of natural light to flood the apartment. Sliding glass doors leading out to a balcony directly off the living area add to the amount of sunshine pouring in, as well. The primary bedroom is oversized and has tons of storage in the walk-in closet. The secondary bedroom at the opposite end of the apartment is just as large as the primary bedroom and offers a wall of custom built in storage. Two full bathrooms, an in-unit washer/dryer closet, additional closets and storage space complete the interior living space of this home, making it ideal for growing families or anyone looking for more space.

The Novo is a full service, 12-story elevator building, tax abated until 2033. Enter on 5th St, past the professionally landscaped garden into the recently renovated lobby. The building offers a full-time doorman, a full-time super, onsite parking (operated by a 3rd party), a 2,000+ sq ft gym + separate yoga room, a resident's lounge, and a renovated kids' playroom. The location in Park Slope is excellent, near JJ Byrne Memorial Park with green-space, a playground, dog run and basketball courts. The Sunday Down to Earth Farmers Market is just one block away. Whole Foods Market, plus all the fabulous shopping and dining options that Park Slope is renowned for are just up the street. The F/G/R subway lines are only a few blocks away, providing an easy commute to Manhattan or anywhere else around town.

Last Agent to Sell the Property

Aran Scott

Douglas Elliman Real Estate License #40SC1156403 Listed on: 02/02/2023

Douglas Elliman Real Estate

Co-Listed By

Anthony Robles

Douglas Elliman Real Estate License #10401235810

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $324

Year Built

  • Built in 2006

HOA Fees

  • $1,542 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 1,595 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Additional Features

  • Dishwasher
  • Balcony
  • West Facing Home

Community Details

  • 113 Units
  • Novo Condos
  • Park Slope Subdivision
  • 12-Story Property

Listing and Financial Details

  • Tax Block 00981

Property Details

Home Type

Condominium

Est. Annual Taxes

$324

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,542 per month

Listing Details

  • Cross Street: 3 STREET and 5 STREET
  • Exposures: West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Park Slope
  • Entry Level: 5
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Appliances: Dryer, Dishwasher, Washer Dryer Allowed, Washer
  • Living Area: 1595.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1542.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: NOVO
  • Units: 113
  • Total Stories: 12
  • Year Built: 2006

Tax Info

  • Tax Block: 00981
  • Tax Annual: 324.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2023
Closed on
Apr 21, 2023
Sold by
Kobak Alex and Macdonald Eleanor
Bought by
Coonan James and Coonan Sisi
Seller's Agent
Aran Scott
Douglas Elliman Real Estate
List Price
$1,725,000
Sold Price
$1,735,000
Premium/Discount to List
$10,000
0.58%
Views
17
Current Estimated Value
$1,777,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,284
Avg. Annual Appreciation
1.34%
Original Mortgage
$1,301,250
Outstanding Balance
$1,269,099
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$519,245

Purchase Details

Closed on
Aug 7, 2008
Sold by
343 Llc
Bought by
Chaudhary Nusrat and Haq Kamran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,735,000 --
Deed $890,000 --
Deed $890,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,301,250 Purchase Money Mortgage
Previous Owner $200,000 Unknown
Previous Owner $712,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2023 04/20/23 Sold $1,735,000 +0.6% $1,088 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
02/02/2023 02/02/23 For Sale $1,725,000 +19.0% $1,082 / Sq Ft
05/02/2014 05/02/14 Sold $1,450,000 +3.6% $909 / Sq Ft
04/02/2014 04/02/14 Pending -- -- --
08/19/2013 08/19/13 Rented -- -- --
05/20/2013 05/20/13 For Sale $1,399,000 -- $877 / 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 $336 $163,716 $4,097 $159,619
2024 $336 $154,239 $4,097 $150,142
2023 $330 $136,937 $4,097 $132,840
2022 $247 $154,803 $4,097 $150,706
2021 $330 $131,148 $4,097 $127,051
2020 $335 $146,700 $4,097 $142,603
2019 $336 $143,821 $4,097 $139,724
2018 $342 $133,209 $4,096 $129,113
2017 $342 $124,432 $4,097 $120,335
2016 $347 $102,164 $4,096 $98,068
2015 $271 $92,726 $4,097 $88,629
2014 $271 $81,719 $4,097 $77,622
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10843390

Real Estate Board of New York (REBNY)

APN: 00981-1053