NOT LISTED FOR SALE

Estimated Value: $535,000 - $726,000

1 Bed
1 Bath
523 Sq Ft
5,881 Sq Ft Lot

Sale Details

Date Sold: January 18, 2022

Last sale price $507,000 $969 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,404 / mo

300 Days on Market

Highlights

  • New Construction
  • Balcony
  • Central Air
  • Rooftop Deck
  • Entrance Foyer
  • 3-minute walk to Heritage Row Playground

About This Home

As of January 2022

A stunning condo boasting chic finishes and private outdoor space, this 1-bedroom, 1-bathroom home is a portrait of contemporary urbanity and design. Features of this 523 sq. ft. apartment include beautiful wide plank oak floors, oversized wood casement windows with aluminum-clad exteriors and Eastern exposure, an LG washer/dryer, and a spacious balcony perfect for morning coffee or evening wine.

A welcoming entryway flows into an expansive open-concept living room, dining room, and kitchen saturated with natural light. The living area leads out onto the balcony, while dining room has easy access to a stylish kitchen equipped with an eat-in peninsula, custom white matte laminate cabinets, elegant white stone countertops, a bold Calcutta porcelain backsplash, and a suite of high-end Blomberg appliances. The bedroom has a large reach-in closet and easy access to a pristine full bathroom adorned with Italian porcelain walls and floors, a custom floating vanity, sleek matte black fixtures, and a deep soaking tub.

707 Willoughby is a brand new condominium located in a lively and easily accessible section of Bedford-Stuyvesant. Residents have access to a private covered and uncovered parking spaces, climate-controlled storage units, bicycle and package rooms, a state-of-the-art fitness center, and a furnished rooftop terrace with an outdoor kitchen, private cabanas, and stunning skyline views. The building is steps from dozens of restaurants, bars, cafes, and shops, and it is a short walk to Herbert Von King Park. Nearby subway lines include the M/J/Z/G. Pets are welcome.

Last Agent to Sell the Property

Natanel Malkoukian

REAVIS DEVELOPMENT MARKETING LLC License #10491213942 Listed on: 10/20/2021

Co-Listed By

Michael Bethoney

Nest Seekers LLC License #10301214618

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,168

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 5,881

HOA Fees

  • $317 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 523 Sq Ft Home
  • Entrance Foyer

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Balcony
  • East Facing Home
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 42 / 1761

Community Details

Overview

  • Stuyvesant Heights Subdivision
  • 7-Story Property

Amenities

  • Rooftop Deck
  • Community Garden

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,168

Year Built

Built in 2021 | New Construction

Lot Details

5,881 Sq Ft Lot

HOA Fees

$317 per month

Listing Details

  • Cross Street: Throop Avenue/Marcus Garvey Boulevard
  • Exposures: East
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Stuyvesant Heights
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Interior Features: Entrance Foyer
  • Appliances: Dryer, Washer
  • Living Area: 523.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Building Garden, Balcony, Building Roof Deck
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 317.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: Yes
  • Total Stories: 7
  • Year Built: 2021

Tax Info

  • Tax Block: 1761
  • Tax Lot: 42
  • Tax Annual: 6168.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2021
Closed on
Jan 18, 2022
Sold by
The Willart Llc
Bought by
Farrell Peter T
Seller's Agent
Natanel Malkoukian
REAVIS DEVELOPMENT MARKETING LLC
List Price
$507,000
Sold Price
$507,000
Current Estimated Value
$638,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,496
Avg. Annual Appreciation
5.66%
Original Mortgage
$375,000
Outstanding Balance
$346,262
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$292,234
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
Farrell Peter T $507,000 --
Farrell Peter T $507,000 --
Farrell Peter T $507,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farrell Peter T $375,000
Closed Farrell Peter T $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2022 01/18/22 Sold $507,000 0.0% $969 / Sq Ft
01/25/2021 01/25/21 For Sale $507,000 -- $969 / 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 $8,107 $71,701 $13,236 $58,465
2024 $8,107 $68,429 $13,236 $55,193
2023 $7,534 $67,008 $13,236 $53,772
2022 $7,129 $62,936 $13,236 $49,700
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10755413

Real Estate Board of New York (REBNY)

APN: 01761-1005

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