9 College Place #2K
About This Property
Welcome to the landmarked Love Lane Mews Condominium, an enchanting gem nestled on historic Brooklyn Heights' most coveted cul-de-sac.
With generously proportioned rooms, incredible natural light, airy eleven foot ceilings, and ample closet space, Unit 2K offers a truly unique living experience. The gas-burning fireplace in the great room serves as the hearth of the home, with room to accommodate a proper living area, home office, and a full-sized dining table. Three different exposures, solid hardwood floors, built-in book cases, in-unit laundry, and architectural beams at the ceilings complete the stunning ambience of this fine residence.
The custom chef's kitchen is open concept -- forging the perfect relationship to the entertainment areas, containing handsome cherry cabinetry and bold soapstone counters, with a massive island for prepping and seating for up to six.
Two well-appointed bedrooms flank opposite sides of the residence, assuring ultimate privacy and tranquility. The primary suite is complemented by a gorgeous 5-fixture en-suite marble bath, while the guest bathroom is conveniently located just off the entrance foyer, adjacent to the secondary bedroom (note this room contains a lot line window).
Love Lane Mews is a one of a kind, full-service condominium with 38 exclusive residences. Amenities include a 24-hour doorman, Abigail Michaels concierge services, live-in super, fully-equipped fitness center with a Peleton, and indoor parking with valet. Pet friendly and investor friendly. Just a short distance away from the Brooklyn Heights Promenade, sprawling waterfront Brooklyn Bridge Park and all of the neighborhoods premier eateries, shops, and amenities! Note: dedicated parking spot fee is a required $390 per month; 1% flip tax to be paid by the buyer.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jul 12, 2012 | Sold | $1,390,000 | |
Sold | |||
Oct 6, 2021 | Sold to Rebecca A Levitan, Sverdlov... | $2,250,000 | |
Sold to Rebecca A Levitan, Sverdlov... | |||
Aug 6, 2021 | In contract | - | |
In contract | |||
May 19, 2021 | Price Decreased |
$2,295,000
↓ $155K
(6.3%)
|
|
Price Decreased | |||
Mar 12, 2021 | Listed by Serhant LLC | $2,450,000 | |
Listed by Serhant LLC |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
01/01/2024
|
3 Bed
|
3 Bath
|
1578 ft²
|
$2,995,000
3 Bed
3 Bath
1578 ft²
|
$3,100,000
+3.51%
02/20/2024
|
Cathleen Katt
Compass
|
||
02/22/2023
|
2 Bed
|
2 Bath
|
1502 ft²
|
$2,695,000
2 Bed
2 Bath
1502 ft²
|
$2,750,000
+2.04%
05/26/2023
|
Cathleen Katt
Compass
|
||
01/17/2023
|
3 Bed
|
3 Bath
|
1905 ft²
|
$3,850,000
3 Bed
3 Bath
1905 ft²
|
$4,200,000
+9.09%
03/09/2023
|
Christine Calvo
Compass
|
||
03/12/2021
|
2 Bed
|
2 Bath
|
1489 ft²
|
$2,450,000
2 Bed
2 Bath
1489 ft²
|
$2,250,000
-8.16%
10/06/2021
|
David Fernandez
Serhant LLC
|
||
12/20/2019
|
2 Bed
|
2 Bath
|
1489 ft²
|
$2,550,000
2 Bed
2 Bath
1489 ft²
|
$2,470,000
-3.14%
02/14/2020
|
Clayton Orrigo
Compass
|
||
10/22/2019
|
2 Bed
|
2 Bath
|
1415 ft²
|
$2,250,000
2 Bed
2 Bath
1415 ft²
|
$2,250,000
03/22/2024
|
-
|
ERIC SIDMAN
Compass
|
|
07/10/2019
|
1 Bed
|
1 Bath
|
988 ft²
|
$1,549,000
1 Bed
1 Bath
988 ft²
|
$1,525,000
-1.55%
09/16/2019
|
Eric Sidman
Compass
|
||
04/23/2019
|
2 Bed
|
2 Bath
|
1586 ft²
|
$3,250,000
2 Bed
2 Bath
1586 ft²
|
$2,900,000
-10.77%
06/27/2019
|
-
|
John Barbato
Compass
|
|
01/23/2019
|
2 Bed
|
2 Bath
|
1433 ft²
|
$2,395,000
2 Bed
2 Bath
1433 ft²
|
$2,325,000
-2.92%
04/30/2019
|
Katie Feola
Corcoran Group
|
||
05/01/2018
|
5 Bed
|
4 Bath
|
-
|
$6,575,000
5 Bed
4 Bath
|
$6,575,000
06/25/2018
|
-
|
Laura Rozos
Compass
|
|
03/11/2016
|
2 Bed
|
2 Bath
|
1580 ft²
|
$2,549,000
2 Bed
2 Bath
1580 ft²
|
$2,700,000
+5.92%
06/09/2016
|
- Private -
|
ERIC SIDMAN
Compass
|
|
02/25/2016
|
2 Bed
|
2 Bath
|
1580 ft²
|
$2,450,000
2 Bed
2 Bath
1580 ft²
|
$2,530,000
+3.27%
07/25/2016
|
Stephen Geller
Douglas Elliman Real Estate
|
||
09/07/2015
|
2 Bed
|
2 Bath
|
1433 ft²
|
$2,425,000
2 Bed
2 Bath
1433 ft²
|
-
-
|
-
|
Michael Sin
R New York
|
|
06/30/2015
|
2 Bed
|
2 Bath
|
1320 ft²
|
$1,895,000
2 Bed
2 Bath
1320 ft²
|
$2,200,000
+16.09%
09/18/2015
|
Bradley Mohr
Nest Seekers International
|
||
06/20/2014
|
2 Bed
|
2 Bath
|
1688 ft²
|
$2,675,000
2 Bed
2 Bath
1688 ft²
|
$2,970,000
+11.03%
08/22/2014
|
ERIC SIDMAN
TOWN Residential, LLC.
|
||
04/03/2014
|
4 Bed
|
3 Bath
|
2470 ft²
|
$3,495,000
4 Bed
3 Bath
2470 ft²
|
$4,255,510
+21.76%
06/06/2014
|
ERIC SIDMAN
TOWN Residential, LLC.
|
||
07/11/2013
|
2 Bed
|
3 Bath
|
1697 ft²
|
$1,995,000
2 Bed
3 Bath
1697 ft²
|
$2,075,000
+4.01%
08/26/2013
|
Devin Someck
Living Real Estate Group
|
||
05/09/2013
|
3 Bed
|
3.5 Bath
|
3442 ft²
|
$3,175,000
3 Bed
3.5 Bath
3442 ft²
|
$3,232,940
+1.82%
08/01/2013
|
Juliet Braver
Brown Harris Stevens Residential Sales LLC
|