Overview

$775,000

10% Min Down

651 New York Ave #504

651 New York Avenue, Brooklyn, NY 11203

Building: Hello New York

Condo in Wingate

2 Bed | 1 Bath | 867 ft² | $894/ft² | 2.85% Cap Rate

Listed Apr 22nd, 2021 (53 days)
Hello New York located at 651 New York Avenue successfully integrates the richness of lodge style with the sophistication of classic loft living. A private keyed elevator, elegantly framed by reclaimed wood, opens into the impressive living room showcasing polished concrete floors and triple-paned floor-to-ceiling doors and windows that easily expand your entertainment space outdoors. The kitchens are beautiful yet functional with white lacquer cabinets, Bosch and Blomberg appliances and Caesarstone counters. The Scandinavian-inspired bathrooms are outfitted with deep soaking tubs, rainfall showers, Carrara white marble vanity counters with Kohler vessel sinks, and Isenberg faucets and fixtures. Washer-dryer and energy-efficient ductless heating and cooling systems provide added convenience and comfort.

The building amenities include a fully-equipped gym and covered parking garage if space is available for rent. The real estate taxes reflect a 421A tax abatement that expires in 2032.

Sponsor reserves the right to make changes in accordance with the Offering Plan. The complete terms are in an Offering Plan available from the Sponsor. File Number CD15-0090.

Features & Amenities

Unit Amenities

  • Fitness Center
  • Garage
  • Dogs Allowed
  • Cats Allowed
  • Central Air Conditioning

Building Amenities

  • Bike Storage
  • Garage
  • Balcony
  • Patio
  • Fitness Center
  • Dogs Allowed
  • Cats Allowed
  • Elevator
  • Laundry in Unit
  • Central Air Conditioning
  • New Construction

Building Policies

  • Cats Allowed
  • Dogs Allowed
Learn more about 651 New York Avenue, Brooklyn, NY 11203

Listed By

Grace Rahmé

Compass

(949) 275-7777
Fouad Rahmé

Compass

(646) 207-6081

History

Date Event Price
Apr 22, 2021 Listed $775,000
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Property Analysis

Price Estimate

$782,750

HopScore Market Price

$775,000

Current Asking Price

+$7,750

Difference from Asking

Cap Rate Analysis

Operating Profit

$22,056
/

Purchase Price

$775,000
=

Cap Rate

2.85%
**

* Actual income may vary between $1,920 and $2,880 depending on unit-specific characteristics.

** 100% occupancy is assumed. Leverage (mortgage) is not considered.

Comparables

Units for sale near 651 New York Ave

Unit Br Ba ft² Closed Price
Common Charges

Units for rent near 651 New York Ave

Unit Br Ba ft² Closed Price
Common Charges

Building Info

Want to find out who owns 651 New York Avenue, Brooklyn, NY 11203? Get detailed property transactions here.

Neighborhood

Stats & Trends

$512,500

Median Asking

1.20%

Above Asking

$826

Sale Price/ft²

149.5

Days on Market

Transportation

2

5

at Winthrop St Under 500 ft | 3 min walk

Q

B

at Parkside Av 0.60 mi | 14 min walk

Q

B

S

at Prospect Park 0.67 mi | 16 min walk

3

at Nostrand Av 0.84 mi | 21 min walk

2

3

4

5

S

at Botanic Gardens 0.99 mi | 24 min walk

Schools

School Type Grades Distance
PS 397 FOSTER-LAURIE Elementary PK to 5 0.06 mi
MS 61 DR GLADSTONE H ATWELL Middle School 6 to 8 0.38 mi
SCHOOL FOR HUMAN RIGHTS (THE) High School 8 to 12 0.23 mi
PS 156 WAVERLY Elementary PK to 5 1.61 mi
IS 392 Middle School 6 to 8 1.61 mi
BROOKLYN COLLEGE ACADEMY High School 9 to 12 1.44 mi
ASPIRATIONS DIPLOMA PLUS HIGH SCHOOL High School 9 to 12 0.88 mi
NEW EXPLORATIONS INTO SCIENCETECH AND MATH HIGH SCHOOL Other KG to 12 4.52 mi
BROOKLYN BROWNSTONE SCHOOL Elementary PK to 5 1.73 mi
PS/IS 155 NICHOLAS HERKIMER Elementary PK to 8 2.42 mi
PS 150 CHRISTOPHER Elementary PK to 5 2.34 mi
PS/IS 137 RACHAEL JEAN MITCHELL Elementary PK to 8 2.29 mi
PS 41 FRANCIS WHITE Elementary KG to 8 2.1 mi
PS 165 IDA POSNER Elementary PK to 5 1.9 mi
TEACHERS PREPARATORY HIGH SCHOOL High School 8 to 12 1.93 mi
MIDWOOD HIGH SCHOOL High School 9 to 12 1.79 mi
FREDERICK DOUGLASS ACADEMY VII HIGH SCHOOL High School 9 to 12 1.93 mi
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.

Mortgage Payment Calculator

$4,337

Per Month

Inquire about this Property

Contact A Local Real Estate Expert

(646) 941-8096

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Recent Transactions at 651 New York Ave

Transaction history for 651 New York Avenue

Unit Br Ba ft² Listed Listing Agent Asking
HOA + Tax
Closed Closing Buyer(s)
Unit 201 2 1 754 Sep 23, 2020 Stanley Wong
Compass
$600,000 Apr 28, 2021
216 Days
$590,000
-1.67%
Koukaba Mojadidi
Unit 604 - - - - - - Apr 19, 2021 $750,000 El 91 Llc
Unit 401 2 1 754 Sep 4, 2020 Stanley Wong
Compass
$610,000 Mar 22, 2021
198 Days
$616,041
+0.99%
Axel Tang
Unit 406 - - - - - - Feb 25, 2021 $533,628 Ny 406a Llc
Unit 204 - - - - - - Feb 16, 2021 $711,757 Adeola Ajala
Unit 504 - - - - - - Feb 8, 2021 - Lm651 Llc
Unit 501 - - - - - - Feb 5, 2021 - New York 501
Unit 304 - - - - - - Jan 26, 2021 - Chung Kuan Lin
Fea Tsu Lin
Unit 306 1 1 581 Aug 1, 2020 Stanley Wong
Compass
$480,000 Dec 18, 2020
138 Days
$486,720
+1.40%
Daxin Lin
Unit 604 - - - - - - Dec 8, 2020 - The Design Kollektiv Llc
Unit PH - - - - - - Dec 8, 2020 - The Design Kollektiv Llc
Unit 206 1 1 581 Aug 2, 2020 Stanley Wong
Compass
$475,000 Oct 29, 2020
87 Days
$524,399
+10.40%
Sofia Yee
Unit 307 1 1 581 Aug 2, 2020 Stanley Wong
Compass
$480,000 Oct 27, 2020
85 Days
$486,720
+1.40%
Michael Ding
Tzeyin Tang
Unit 205 1 1 581 Aug 1, 2020 Stanley Wong
Compass
$475,000 Oct 5, 2020
64 Days
$524,308
+10.38%
Adrian Cunanan
Kayo Kudo
Unit 606 1 1 581 Feb 24, 2020 Fouad Rahmé
Compass
$499,000 Aug 31, 2020
188 Days
$520,000
+4.21%
Brian C Kramer
Unit 607 - - - - - - Jul 22, 2020 $495,000 651 Ny Ave 607 Llc
Unit 507 1 1 581 Sep 4, 2019 Fouad Rahmé
Compass
$495,000 May 13, 2020
252 Days
$490,000
-1.01%
John Lim
Unit 308 1 1 - Jan 16, 2020 Fouad Rahmé
Compass
$525,000 Apr 22, 2020
97 Days
$525,000 Joerg Christian Thoene
Unit 508 1 1 581 Jan 3, 2020 Fouad Rahmé
Compass
$495,000 Feb 19, 2020
46 Days
$530,000
+7.07%
Lei Rong
Lily Lei Rong
Minwei Yu
Unit 608 - - - - - - Jan 27, 2020 $535,000 Mariko Hirose
Unit 601 - - - - - - Nov 27, 2019 $690,000 Sloan Wolf
Unit 505 - - - - - - Sep 27, 2019 $490,000 - Private -
Unit 602 2 1 - Jan 21, 2019 Fouad Rahmé
Rahmé Real Estate, LLC
$689,000 Sep 24, 2019
245 Days
$676,114
-1.87%
Alessandro Pollex
Unit 603 1 1 - Oct 17, 2018 Fouad Rahmé
Rahmé Real Estate, LLC
$610,000 Sep 24, 2019
341 Days
$550,000
-9.84%
Alessandro Pollex
Unit 506 - - - - - - Sep 17, 2019 $499,000 Brandy Lynn Porter
Gregory John Soviak
Unit 203 1 1 - Mar 27, 2019 Fouad Rahmé
Compass
$550,000 Sep 5, 2019
161 Days
$535,000
-2.73%
Diarrassouba Abdoulaye
Unit 208 1 1 - Mar 25, 2019 Fouad Rahmé
Compass
$500,000 Sep 4, 2019
162 Days
$544,764
+8.95%
Ai Tsukada
Unit 503 1 1 - Sep 12, 2018 Fouad Rahmé
Rahmé Real Estate, LLC
$600,000 Jan 10, 2019
119 Days
$640,000
+6.67%
Joanne Del Gigante
Michael Del Gigante
Unit 207 1 1 - Nov 8, 2018 Fouad Rahmé
Rahmé Real Estate, LLC
$500,000 Jan 7, 2019
59 Days
$503,500
+0.70%
Alexandra Eibuszyc Lederman
Phi Huy Khanh Pham
Unit 404 - - - - - - Apr 25, 2017 $778,961 Nicolaine M Lazarre
Unit 408 - - - - - - Mar 17, 2017 $471,510 Indrawan Boediman
Unit 405 - - - - - - Mar 16, 2017 $466,440 Frances Forrester-mugela
Unit 202 - - - - - - Mar 13, 2017 $605,859 David Eisner
Miya Hideshima
Unit 403 - - - - - - Mar 8, 2017 $529,490 Xin Liu
Chengye Xu
Unit 302 - - - - - - Mar 7, 2017 $616,041 James Rogers Mcarthur
Jocelyn Zucker Mcarthur
Unit 303 - - - - - - Mar 7, 2017 $519,308 Arthur Ishmael
Unit 402 - - - - - - Mar 6, 2017 $626,224 Isabel Castilla Huyke
Stephen Pitman
Unit 308 - - - - - - Mar 3, 2017 $491,790 Leovigildo Perez Saba
Unit 502 - - - - - - Mar 2, 2017 $616,041 Leang Kim Chung
Unit 407 - - - - - - Feb 28, 2017 $466,440 - Private -
Unit 305 - - - - - - Jan 13, 2017 $451,230 Jeffrey Stieber

Apartments for Sale at 651 New York Avenue

UnitBrBaft²ListedListing AgentAskingPrice/ft² HOA + Tax Floorplans

Apartments for Rent at 651 New York Avenue

UnitBrBaft²ListedListing AgentAskingPrice/ft²Floorplans

Nearby Buildings

Learn more about 651 New York Ave #504

Building at 651 New York Avenue, Brooklyn, NY 11203

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