NOT LISTED FOR SALE

Estimated Value: $956,000 - $1,042,000

1 Bed
1 Bath
720 Sq Ft
$240/ mo HOA Fee

Last Sold November 23, 2021

Last sale price $875,000 $1,215 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,280/month

390 Days on Market

Highlights

  • Built in 2019 | Newly Remodeled
  • 1-minute walk to Clinton-Washington Avenues (A,C Line)
  • Central Air
  • P.S. 11 Purvis J Behan Rated A+
  • Entrance Foyer
  • 2-minute walk to Gateway Triangle

About This Home

As of November 2021

505 Clinton Lofts is tucked away on a charming tree-lined street in historic Clinton Hill, where homeowners will enjoy a quiet oasis at the epicenter of one of the most desirable 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 2R is a 720sf home encompassing half of the second floor of the building. The massive wall-to-wall and floor-to-ceiling windows provide an abundance of fresh air and natural light. 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. 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. 505 Clinton Lofts is set to re-shape the vibrant Clinton Hill neighborhood. Thoughtfully designed by Dimora NYC Inc., 505 Clinton Avenue is a mix of one, two and three bedroom homes. Designed with an appreciation for industrial architecture, these stunning residences with floor-to-ceiling windows and exposed beams will transcend the Clinton Hill area. 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 Sell the Property

Bianca D'Alessio

Nest Seekers LLC License #10301219609 Listed on: 08/09/2021

Nest Seekers LLC

Co-Listed By

Christian Haag

Compass License #10401255631

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,660

Year Built

  • Built in 2019 | Newly Remodeled

Lot Details

  • 3,006

HOA Fees

  • $240 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 720 Sq Ft Home
  • Entrance Foyer

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air

Community Details

  • 505 Clinton Lofts Condos
  • Clinton Hill Subdivision
  • 6-Story Property

Listing and Financial Details

  • Legal Lot and Block 25 / 2011

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,660

Year Built

Built in 2019 | Newly Remodeled

Lot Details

3,006 Sq Ft Lot

HOA Fees

$240 per month

Listing Details

  • Cross Street: Fulton Street/Atlantic Avenue
  • Exposures: East,North,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Clinton Hill
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Interior Features: Entrance Foyer
  • Appliances: Dryer, Washer
  • Living Area: 720.0
  • Living Area Units: Square Feet

Beds/Baths

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

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: 240.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 30.0 x 100.0

Building Info

  • New Construction: Yes
  • Building Name: 505 Clinton Lofts
  • Total Stories: 6
  • Year Built: 2019

Tax Info

  • Tax Block: 2011
  • Tax Lot: 25
  • Tax Annual: 6660.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2021
Closed on
Nov 17, 2021
Sold by
505 Clinton Partners Llc
Bought by
Chen Samantha and Nie Rudy
Seller's Agent
Bianca D'Alessio
Nest Seekers LLC
List Price
$875,000
Sold Price
$875,000
Current Estimated Value
$1,001,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,944
Avg. Annual Appreciation
3.19%
Original Mortgage
$692,000
Outstanding Balance
$634,975
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$366,969
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
Chen Samantha $865,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Samantha $692,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2021 11/23/21 Sold $875,000 0.0% $1,215 / Sq Ft
09/15/2020 09/15/20 For Sale $875,000 -- $1,215 / 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 $9,916 $93,241 $11,152 $82,089
2024 $9,916 $89,493 $11,152 $78,341
2023 $9,297 $82,802 $11,152 $71,650
2022 $8,673 $75,987 $11,152 $64,835
2021 $8,601 $74,160 $11,152 $63,008
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10667325

Real Estate Board of New York (REBNY)

APN: 02011-1204

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