397 1st Street, Unit 1L

Park Slope

$245,000
Last Sold Price
2
Beds
1
Bath
966 Sq. Ft.
$254 / Sq. Ft.
966
Sq. Ft.
$254
per Sq. Ft.

Description

Calling all INVESTORS! This rent controlled condo is for sale in prime Park Slope direct from the Sponsor. It is located in a new, fully renovated 8-unit condo building. The apartment is currently a 2 bed/1 bath, but could easily be converted to a 2 bed/2 bath. Tenant pays $540/mo, and apartment will NOT be delivered vacant. Newly renovated condos in this area sell for over $1,200/SF. J51 Tax abatement in place for 12 years. Take advantage of this amazing price and location.Calling all INVESTORS! This rent controlled condo is for sale in prime Park Slope direct from the Sponsor. It is located in a new, fully renovated 8-unit condo building. The apartment is currently a 2 bed/1 bath, but could easily be converted to a 2 bed/2 bath. Tenant pays $540/mo, and apartment will NOT be delivered vacant. Newly renovated condos in this area sell for over $1,200/SF. J51 Tax abatement in place for 12 years. Take advantage of this amazing price and location.

Listing Agent

  1. Debra Bondy

    Debra Bondy

    Listing Agent

    Compass

    dbondy@compass.com

    P: 917.690.3981

Amenities

  • Floor Thru
  • Home Office
  • Library / Den
  • Renovated Bath
  • Windowed Bathroom
  • Northern Exposure
  • Video Intercom
  • Video Security

Location

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LISTING UPDATED: 08/24/2019 06:55 AM

Property Details for 397 1st Street, Unit 1L

StatusSold
MLS ID-
Days on Market18
Taxes$70 / month
Common Charges$127 / month
Min. Down Pymt-
Total Rooms4.0
Compass TypeCondo
MLS TypeCondo
Year Built1920
CountyKings County

Building

397 1st St

8 Units4 StoriesBuilt in 1920

Location

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Building Information for 397 1st Street, Unit 1L

Building/Complex397 1st StFloor1Stories4Residences8Pet PolicyAllowedYear Built1920Building AgePre-warBuilding Type-

Payment Calculator

$1,534 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,337

Property Taxes

$70

Maintenance/Common Charges

$127

The Payment Calculator is for illustrative purposes only.

Property History for 397 1st Street, Unit 1L

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 397 1st Street, Unit 1L

Taxable ValueLand$6,117Additions$83,842Total$89,959
Home Facts
Total Finished SqFt966 SqFtLot Size2,749 SqFtYear Built1920ZoningR6BAPN3009661201

Schools near 397 1st Street, Unit 1L

This home is within Nyc Geog District #15 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
P.S. 321 William Penn
PublicK to 5

Park Slope Collegiate
Public6 to 12

John Jay School for Law
Public9 to 12

Millennium Brooklyn High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.