Sold
Last Sold Price
Alcove beds1 bath428 sqft
56 Court Street, Unit 7H, Brooklyn Heights
Building Info: 56 Court St, 7 stories, Built 1927
CondoProperty Type
1927Year Built
$1,168/sq ftPrice per sq ft
$288/moCommon Charges
Pets welcomePet policy

Description

56 Court Apt. 7H is currently the ONLY condominium (investment opportunity: unlimited subletting) available in all of Brooklyn Heights under $1.150 Million (as of 6.11.15).


7H @ 56 Court is a top floor alcove studio/convertible 1 bed with ownership of approx. 450 square feet of private roof space/access, features include; a custom built bookcase/storage system defines living and sleeping areas, hardwood floors, custom wardrobe closet, pass-through kitchen with granite breakfast bar, dishwasher, well-proportioned
...56 Court Apt. 7H is currently the ONLY condominium (investment opportunity: unlimited subletting) available in all of Brooklyn Heights under $1.150 Million (as of 6.11.15).



7H @ 56 Court is a top floor alcove studio/convertible 1 bed with ownership of approx. 450 square feet of private roof space/access, features include; a custom built bookcase/storage system defines living and sleeping areas, hardwood floors, custom wardrobe closet, pass-through kitchen with granite breakfast bar, dishwasher, well-proportioned bathroom and a proper entry foyer with storage closet, central air & heat, approx. 10 foot high ceiling height and skylight, located on the top floor of a pet-friendly, elevator building.



The approx. monthly outlay to own is $2463.00** based on a 30 year fixed mortgage at 4.25%. The after tax-benefit/cost of owning per month (assuming a 40% tax bracket at a 30 year fixed mortgage at 4.25%) is approx. $1655 per month**.
**Please consult with your tax/financial planner for more detailed information; these figures represent an approximate cost.



The average rental price for an alcove studio/1 bedroom in an elevator building is currently $2450, currently less than 20 apartments for rent/available in Brooklyn Heights between $2000-3000 (this can change daily, 6.11.15)



If the rent is too damn high, then you should buy...



This is a real opportunity to invest in an area that is fast becoming the cultural and retail hub of Brooklyn and a key economic center for all of New York City. New retail neighbors include; Equinox, Trader Joe's, Neiman Marcus, Yoga Works, Soul Cycle, Sophie & Ana's Cafe, Shake Shack, Hill Country BBQ, Bare Burger. Neighboring Downtown Brooklyn is also experiencing a boom in development projects in the residential, retail and commercial sectors.

Listing Agent

  1. Jason Saft

    Jason Saft

    Listing Agent

    P: (917) 763-4370

Listing closed: 08/21/2015 12:00 AM

Recent comparable sales

Median sold price

$515,000

Avg days on market

75

Sale-to-list ratio

98.1%

Brooklyn, NY

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$580,000 | 561 Pacific Street, Unit 404, Boerum Hill
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a living room with furniture and wooden floor
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Amenities

  • Loft Style
  • Penthouse
  • Junior 1
  • Open Views
  • Private Roof Deck
  • Hardwood Floors
  • Oversized Windows
  • Soundproof Windows

Location

Add your commute

Payment Calculator

$3,485 per month

30 year fixed, 7.03% Interest

Principal and Interest

$3,003

Property Taxes

$194

Maintenance/Common Charges

$288

The Payment Calculator is for illustrative purposes only.

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Rocket Mortgage1

Property Information for 56 Court Street, Unit 7H

Property Details
  • Taxes: $194 / month
  • Min. Down Pymt: 10%
  • Total Rooms: 1.0
  • MLS Type: Condo
  • County: Kings County
  • Buyer's Agent Compensation: 3%
Building Information
  • Building/Complex: 56 Court St
  • Floor: 7
  • Stories: 7
  • Residences: 33
  • Pet Policy: Allowed
  • Pet Policy Details: 3
  • Year Built: 1927
  • Building Age: Pre-war
  • Building Type: Midrise

Property History for 56 Court Street, Unit 7H

DateEvent & SourcePriceAppreciationLink
Aug 21, 2015

Sold

Manual

$500,000——
Aug 21, 2015

Sold (Public Record)

ACRIS #2015082501337002

$500,000—
Jul 16, 2015

Contract Signed

Manual

$485,000——
DateEvent & SourcePrice
08/21/2015

Sold

Manual

$500,000
08/21/2015

Sold (Public Record)

ACRIS #2015082501337002

$500,000
07/16/2015

Contract Signed

Manual

$485,000

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

Public Records for 56 Court Street, Unit 7H

Taxable ValueLand-Additions-Total-
Home Facts
APN3002651033

Schools near 56 Court Street, Unit 7H

This home is within New York City Geographic District #15.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Zipporiah Mills
PublicPK to 5

School For International Studies
Public6 to 12

Brooklyn Frontiers 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.

Brooklyn Heights
Brooklyn Heights
A luxe slice of modern suburbia. Tree-lined sidewalks, cobblestone side streets, and a thriving mix of commercial and community-focused businesses make it clear why Brooklyn Heights is known as “America’s original suburb.” From ivy-wrapped row houses to jaw-dropping single family mansions, serenity...

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 56 Court Street, Unit 7H, Brooklyn Heights
$500,000
Alcove
1
428
–
$525,000
1
1.5
–
–
$349,000
Studio
1
350
–
$660,000
2
1
975
–
$455,000
1
1
–
–
$473,500
1
1.5
690
–

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

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