NOT LISTED FOR SALE

Estimated Value: $774,000 - $903,000

2 Beds
2 Baths
842 Sq Ft
$381/mo HOA Fee

Last Sold December 14, 2021

Last sale price $775,000 $920 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,552/month

170 Days on Market

Highlights

  • Newly Remodeled
  • Terrace
  • Central Air
  • Pre War Building
  • Entrance Foyer
  • 3-minute walk to Heritage Row Playground

About This Home

As of December 2021

Welcome to unit 2 of 257 Throop Avenue, a two bedroom, two-bathroom condo featuring a private terrace.

This parlor level apartment consists of high ceilings, oak hardwood floor throughout, an in-unit washer/dryer, large windows and all usable space. The residence was designed for optimal living and no wasted square footage allows owners to maximize their living space.

Enter unit 2 and the spacious foyer area, a feature rarely found in townhouse, condo conversions, instantly wows you. This space is perfect for sneaker and shoe collections along with jackets, scarves, etc. To your left is the kitchen, which features an eat-in peninsula and a full, stainless steal appliance package. The living room is long and easily allows for a large sofa, entertainment set, etc. Through the living room owners have access to a large private deck.

The master bedroom is a rarity in today's market. Not only is the bedroom large, it features original stained glass, window shutters and cornices. A walk-in closet and en-suite bathroom complete the picture. The second bedroom, found on the other end of the apartment, fits a full-sized bed or works well as an office, guest room.

Located near the border of Bed-Stuy and Bushwick, 257 Throop is a 4-unit condo building. The Limestone conversion consists of three two-bedroom residences along with a three-bedroom, top floor duplex. Three of the four residences features private outdoor spaces. The building is serviced by the G-train along w/ the J/M/Z on the Myrtle-Broadway stop. Priced to sell, 257 Throop Avenue presents an opportunity for discerning buyers to take advantage of great deals.

The Complete offering terms are in an offering plan available from sponsor. File No. CD#CD190092.

Last Agent to Sell the Property

Noel Borbon

Compass License #10401258856 Listed on: 08/18/2020

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,386

Year Built

  • Built in 1931 | Newly Remodeled

Lot Details

  • 1,742

HOA Fees

  • $381 Monthly HOA Fees

Home Design

  • Pre War Building

Interior Spaces

  • 842 Sq Ft Home
  • 4-Story Property
  • Entrance Foyer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Terrace
  • West Facing Home
  • Central Air

Community Details

  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Legal Lot and Block 2 / 1761

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,386

Year Built

Built in 1931 | Newly Remodeled

Lot Details

0

HOA Fees

$381 per month

Listing Details

  • Cross Street: Vernon Avenue/Willoughby Avenue
  • Exposures: West
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: Bedford Stuyvesant
  • Architectural Style: Prewar
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Features: Entrance Foyer
  • Appliances: Dryer, Washer
  • Living Area: 842.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Exterior Features

  • Patio/Porch Features: Terrace

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: 380.57
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 20.0 x 85.0

Building Info

  • New Construction: Yes
  • Total Stories: 4
  • Year Built: 1931

Tax Info

  • Tax Block: 1761
  • Tax Lot: 2
  • Tax Annual: 4385.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2020
Closed on
Dec 14, 2021
Sold by
257 Throop Holdings Llc
Bought by
Fallon Hannah and Walker Scott
Seller's Agent
Noel Borbon
Compass
List Price
$775,000
Sold Price
$775,000
Current Estimated Value
$848,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,490
Avg. Annual Appreciation
1.99%
Original Mortgage
$697,500
Outstanding Balance
$645,536
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$187,350
Source: Public Records

Range of Values:

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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
Fallon Hannah $775,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fallon Hannah $697,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2021 12/14/21 Sold $775,000 0.0% $920 / Sq Ft
08/18/2020 08/18/20 For Sale $775,000 -- $920 / 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 $6,294 $124,079 $3,470 $120,609
2024 $6,294 $111,115 $3,470 $107,645
2023 $6,035 $94,132 $3,470 $90,662
2022 $5,890 $92,489 $3,470 $89,019
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10659330

Real Estate Board of New York (REBNY)

APN: 01761-1102