NOT LISTED FOR SALE

Estimated Value: $809,739

1 Bed
1 Bath
690 Sq Ft
$307/mo HOA Fee

Last Sold May 24, 2019

Last sale price $685,000 $993 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,011/month

210 Days on Market

Highlights

  • Built in 2017 | Newly Remodeled
  • Central Air
  • South Facing Home
  • Rooftop Deck

About This Home

As of May 2019

IMMEDIATE OCCUPANCY

An exceptionally designed, nearly 23-ft wide condominium situated in a prime area of Bedford-Stuyvesant, this 1-bedroom, 1-bathroom home is a luxurious blend of elegant finishes and natural light. Features of this nearly 700 sqft residence include gorgeous white oak hardwood floors, central heating and cooling, a vented W/D hook-up, a video intercom system, airy ceilings, southern exposure, and fully integrated surround-sound speakers that can be controlled via smartphone or the installed Launchport system.

The home opens into an expansive south facing living, dining, and kitchen space. The living room is anchored by a large Pella Pro-line window, while the dining area sits across from a spacious alcove kitchen that is large enough to fit a bar cart and/or a rolling island. The kitchen is equipped with sleek white countertops, marble tile backsplash, self-closing white shaker cabinets and drawers, and a high-end appliance package that includes a Bertazzoni range, Bosch dishwasher, and full-sized Blomberg fridge.

The bedroom boasts a double door reach-in closet and is large enough to fit a king size bed. The bathroom possesses radiant heated flooring, Carrara Porcelanosa tile, deep soaking Kohler tub with dual Kohler fixtures, and a Duravit wall mounted toilet.

366 Gates Ave is an eight-unit boutique condominium nestled between the trendy strips of Bedford and Nostrand Avenues. The building is surrounded by a multitude of restaurants, cafes, and bars, and a few short blocks from the express A/C train on Fulton Street and the G train on Lafayette Avenue. Several Citi Bike stations are also close by. The building features a large shared common roof deck with Manhattan views. Exclusively represented by TheSerhantTeam. The complete offering terms are in an offering plan available from the sponsor, File No. CD18-0133.

Last Agent to Sell the Property

James Hayes II

Serhant License #10401229618 Listed on: 08/14/2018

Serhant

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,741

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 2,744

HOA Fees

  • $307 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 690 Sq Ft Home
  • 4-Story Property
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • South Facing Home
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 39 / 1812

Community Details

Overview

  • Bedford Stuyvesant Subdivision

Amenities

  • Rooftop Deck
  • Community Garden

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,741

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

HOA Fees

$307 per month

Listing Details

  • Cross Street: Bedford Avenue/Nostrand Avenue
  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Bedford Stuyvesant
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Features: Dining Area
  • Appliances: Washer Dryer Allowed
  • Living Area: 690.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Garden, Building Roof Deck

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 306.79
  • 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: 4
  • Year Built: 2017

Tax Info

  • Tax Block: 1812
  • Tax Lot: 39
  • Tax Annual: 5741.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2018
Closed on
May 23, 2019
Sold by
Sky View Towers Llc
Bought by
Hoffmann Kevin and Ubardo Wilfredo
Seller's Agent
James Hayes II
Serhant
List Price
$685,000
Sold Price
$685,000
Current Estimated Value
$809,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,739
Avg. Annual Appreciation
2.54%
Original Mortgage
$578,000
Outstanding Balance
$507,147
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$302,592
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
Hoffmann Kevin $680,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffmann Kevin $578,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2019 05/24/19 Sold $685,000 0.0% $993 / Sq Ft
03/14/2019 03/14/19 Pending -- -- --
08/15/2018 08/15/18 For Sale $685,000 -- $993 / 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 $6,142 $72,048 $8,852 $63,196
2024 $6,142 $60,037 $8,852 $51,185
2023 $5,581 $50,031 $8,852 $41,179
2022 $5,566 $46,221 $8,852 $37,369
2021 $5,440 $46,232 $8,852 $37,380
2020 $5,122 $49,078 $8,852 $40,226
2019 $4,795 $45,716 $8,852 $36,864
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10018975

Real Estate Board of New York (REBNY)

APN: 01812-1306