56 Court Street, Unit 7H
Description
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.
Amenities
- Loft Style
- Penthouse
- Junior 1
- Open Views
- Private Roof Deck
- Hardwood Floors
- Oversized Windows
- Soundproof Windows
Property Details for 56 Court Street, Unit 7H
| Status | Sold |
|---|---|
| MLS ID | - |
| Days on Market | 34 |
| Taxes | $194 / month |
| Common Charges | $288 / month |
| Min. Down Pymt | 10% |
| Total Rooms | 1.0 |
| Compass Type | Condo |
| MLS Type | Condo |
| Year Built | 1927 |
| County | Kings County |
| Buyer's Agent Compensation | 3% |
Building
56 Court St
Location
Building Information for 56 Court Street, Unit 7H
Payment Calculator
$3,262 per month
30 year fixed, 6.28% Interest
$2,780
$194
$288
Property History for 56 Court Street, Unit 7H
| Date | Event & Source | Price |
|---|---|---|
| 08/21/2015 | Sold Manual | $500,000 |
| 08/21/2015 | $500,000 | |
| 07/16/2015 | Contract Signed Manual | $485,000 |
| 06/12/2015 | Listed (Active) Manual | $485,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 56 Court Street, Unit 7H
Schools near 56 Court Street, Unit 7H
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 | ||
Digital Arts and Cinema Technology 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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