NOT LISTED FOR SALE

Estimated Value: $669,000 - $840,000

2 Beds
2 Baths
995 Sq Ft
$566/mo HOA Fee

Last Sold February 07, 2022

Last sale price $885,878 $890 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $4,373/month

483 Days on Market

Highlights

  • Balcony
  • Central Air
  • Garage
  • P.S. 197 Kings Highway Academy (The) Rated A-

About This Home

As of February 2022

Alexandra House Presents Penthouse A, beautiful 2 BED/ 2 BATH condo has natural lighting and is made with quality materials. An open kitchen/living/dining room floor plan and large west facing windows make this space grand. Elegant white and silver light fixtures add a touch of class to this space. Your kitchen features stainless steel appliances, plenty of cabinet space, a beautiful geometric mosaic design back splash and an island. The kitchen closet space is ready to be converted to your laundry area with washer and dryer hook ups.

This apartment features high quality Italian porcelain floors, with hard wood floors in the bedrooms. The first bedroom features an expansive closet space and vast west facing windows. The first bathroom is luxurious and relaxing with its minimalistic Italian porcelain design and large tub. The abundant master suite features a large walk in closet, a large west facing exposure, and an elegant white Italian porcelain bathroom with double sinks and a standing shower.

On top of the pending 15-year tax abatement, homeowners in this building can enjoy exclusive amenities such as a doorman, luxury fitness center & kids play room, valet service, and resident lounge. Limited assigned parking is also available for sale. South Brooklyn's neighborhood of Madison is rapidly growing and provides convenient transportation to Manhattan with the B & Q train. Take the B or Q in the opposite direction for fast access to South Brooklyn's beaches. Enjoy the laid back feel of living in a town where others dream to vacation. Madison is known for its many shops along Kings Highway and offers a neighborhood hospital, post office, banks, playgrounds, and more!

Last Agent to Sell the Property

Avi Malul

THE LION REAL ESTATE License #10491210238 Listed on: 12/28/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $780

Year Built

  • Built in 2019

Lot Details

  • 0.28

HOA Fees

  • $566 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 995 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Washer Dryer Allowed
  • Balcony
  • Central Air

Community Details

  • Sheepshead Bay Subdivision
  • 8-Story Property

Listing and Financial Details

  • Legal Lot and Block 31 / 6802

Property Details

Home Type

Condominium

Est. Annual Taxes

$780

Year Built

Built in 2019

Lot Details

0

HOA Fees

$566 per month

Listing Details

  • Cross Street: Quentin Road/Avenue R
  • Exposures: North,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Sheepshead Bay
  • Entry Level: 8
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 995.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4
  • Accessibility Features: Wheelchair Access

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony
  • 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: 566.0
  • 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: No
  • Total Stories: 8
  • Year Built: 2019

Tax Info

  • Tax Block: 6802
  • Tax Lot: 31
  • Tax Annual: 780.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2021
Closed on
Feb 7, 2022
Sold by
2222-2226 Ocean Avenue Development Llc
Bought by
Proca Cristina and Sokolov Alexander
Seller's Agent
Avi Malul
THE LION REAL ESTATE
Sold Price
$885,878
Current Estimated Value
$672,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$213,631
Avg. Annual Appreciation
-7.66%
Original Mortgage
$679,650
Outstanding Balance
$634,768
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$34,483
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Proca Cristina $885,877 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Proca Cristina $679,650
Closed Proca Cristina $2,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2022 02/07/22 Sold $885,878 0.0% $890 / Sq Ft
12/29/2021 12/29/21 For Sale -- -- --
03/01/2021 03/01/21 Off Market $885,878 -- --
09/01/2020 09/01/20 For Sale $885,878 -- $890 / 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 $1,520 $120,907 $11,170 $109,737
2024 $1,520 $116,462 $11,170 $105,292
2023 $1,800 $115,941 $11,170 $104,771
2022 $2,913 $123,243 $11,170 $112,073
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10755940

Real Estate Board of New York (REBNY)

APN: 06802-1245