NOT LISTED FOR SALE

505 Clinton Ave Unit 4-F Brooklyn, NY 11238

Clinton Hill Neighborhood

Estimated Value: $1,641,000 - $1,940,000

2 Beds
2 Baths
1,268 Sq Ft
2020 Built

Last Sold May 11, 2021

Last sale price $1,675,000 $1,321 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $10,619/month

Highlights

  • New Construction
  • 1-minute walk to Clinton-Washington Avenues (A,C Line)
  • Terrace
  • P.S. 11 Purvis J Behan Rated A+
  • City View
  • 2-minute walk to Gateway Triangle

About This Home

As of August 2024

505 Clinton Lofts is tucked away on a charming tree-lined street in historic Clinton Hill, where residents will enjoy a quiet oasis at the epicenter of one of the most desirable and vibrant neighborhoods in Brooklyn. The building's unique facade features dramatic and industrial chic floor-to-ceiling windows flooding each of the residences with natural light and remarkable views.

Residence 4F is a 1,268sf two bedroom duplex home with soaring 20ft ceilings. Enter into an expansive living space, your breath will be taken away by the sheer size of the massive wall-to-wall and floor-to-ceiling windows. With exposed beams, custom frosted glass & steel doors and high ceilings; this is loft living at its finest! The expansive open chef's kitchen enjoys custom Italian cabinetry with paneled appliances, subway tile backsplash, LED under-cabinet lighting, a Bertazzoni four-burner gas stove, Bosch dishwasher and refrigerator with freezer drawer.

The home opens effortlessly and enjoys two oversized balcony, accessible though both the living room and second bedroom. The master suite enjoys a private terrace as well. Take in the fresh air and enjoy a cup of coffee with the sunrise to the East or an evening glass of wine with guests. Throughout, the home features 7.5" hand-scraped, antiqued, & brushed white oak floors, tilt & turn windows and a Bosch Washer Dryer. Private outdoor space, natural light, layout, and gorgeous finishes all come together in this bespoke package.

Located at the crossroads of Clinton Hill, Fort Greene and Prospect Heights, 505 Clinton Avenue brings to life the true meaning of loft living. The building located between Fulton Street and Atlantic Avenue offers you top of the line amenities within a few blocks radius. Enjoy the smorgasbord of restaurants emerging on Fulton Street like Emily, Sisters and Belli Osteria, a hip nightlife scene with trendy cocktail bars and Brooklyn Speakeasy's or treat yourself to an extraordinary meal at the famous Locanda Vini & Olii housed in a historic Pharmacy. Enjoy an easy commute to work on the C train conveniently located on the corner. This desirable location is only blocks away from Fort Greene Park, Farmers markets, tennis facilities, dog runs, supermarkets, Barclay's Center and Atlantic Terminal- a major hub of transportation options with the LIRR, 2/3/4/5/R/D/B/Q/N/W train lines.

Last Agent to Rent the Property

Jason Tsalkas

Serhant License #10401291519 Listed on: 08/05/2024

Serhant

Co-Listed By

Raquel Lomonico

Serhant License #10301220561

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2020 | New Construction

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 1,268 Sq Ft Home
  • City Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer Hookup

Outdoor Features

  • Balcony
  • Terrace

Additional Features

  • East Facing Home
  • No Cooling

Community Details

  • No Home Owners Association
  • 11 Units
  • 505 Clinton Avenue Condos
  • Clinton Hill Subdivision
  • Property has 2 Levels

Listing and Financial Details

  • Property Available on 9/2/24
  • Legal Lot and Block 0016 / 01824

Condo Details

Home Type

Condominium

Year Built

Built in 2020 | New Construction

Lot Details

0 Sq Ft Lot

Rental Info

  • Land Lease: No
  • Furnished: Unfurnished
  • Available Date: 2024-09-02

Listing Details

  • Exposures: East
  • Property SubType: Duplex
  • Property Type: Residential Lease
  • Neighborhood: Clinton Hill
  • Architectural Style: Walk-Up
  • Entry Level: 4
  • Unit Levels: Two
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Fireplace: No
  • Living Area: 1268.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Balcony
  • Patio/Porch Features: Terrace, Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None, Washer Hookup, In Unit
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: Condominium

Building Info

  • New Construction: Yes
  • Building Name: 505 Clinton Avenue
  • Units: 11
  • Total Stories: 6
  • Year Built: 2020

Tax Info

  • Tax Block: 01824
  • Tax Lot: 0016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2020
Closed on
May 27, 2021
Sold by
505 Clinton Partners Llc
Bought by
Ferreira Lauren Elaine and Ribeiro Ferreira Nuno
Seller's Agent
Christian Haag
Compass
List Price
$1,675,000
Sold Price
$1,675,000
Current Estimated Value
$1,786,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,994
Avg. Annual Appreciation
1.34%
Original Mortgage
$1,256,250
Outstanding Balance
$1,134,898
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$652,096
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ferreira Lauren Elaine $1,675,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferreira Lauren Elaine $1,256,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2024 08/15/24 Rented $8,500 0.0% --
08/12/2024 08/12/24 Under Contract -- -- --
08/05/2024 08/05/24 For Rent $8,500 +21.4% --
07/29/2024 07/29/24 Rented $7,000 0.0% --
06/22/2024 06/22/24 For Rent $7,000 0.0% --
05/11/2021 05/11/21 Sold $1,675,000 0.0% $1,321 / Sq Ft View Prior Sale
09/15/2020 09/15/20 For Sale $1,675,000 -- $1,321 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
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 $15,851 $149,041 $17,825 $131,216
2024 $15,851 $143,049 $17,825 $125,224
2023 $14,860 $132,354 $17,825 $114,529
2022 $13,864 $121,460 $17,825 $103,635
2021 $13,749 $118,539 $17,825 $100,714
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11000813

Real Estate Board of New York (REBNY)

APN: 02011-1207

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