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Sold for $500,000
  • $500,000

    501 Surf Ave APT 10P, Brooklyn, NY 11224

    2beds
    1,020sqft
    Condominium
    Built in 1964
    -- sqft lot
    $562,500 Zestimate®
    $490/sqft
    $3,979 Estimated rent

    Home value

    $562,500

    $518,000 - $613,000

    $3,979/mo

    Zestimate® history
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    What's special

    Brighton Beach Area THIS IS A SPONSOR UNIT, 2 bedroom, 1.5 bathroom apartment in the sought-after Brightwater Towers Condo complex. This is the first time this unit has ever been on the market, making it a rare opportunity to own in this highly coveted building. One of the standout features of this apartment is the large balcony that faces the courtyard. You'll love relaxing and enjoying your private outdoor space's peaceful surroundings. Additionally, all of the windows boast breathtaking ocean views. It's important to note that this is a sponsor unit being sold AS IS, in its original condition, and needing TLC. The apartment can be sold with a deeded parking space for an additional $60,000 The monthly maintenance fee covers heat, gas, and electricity, and the yearly taxes are low. There is also a special assessment of $205.29 per month. As a resident of Brightwater Towers Condo, you'll have access to a wealth of amenities. These include 24-hour security, a large outdoor heated pool and kiddie pool, a gym, a package room, and storage units. Plus, you'll be just steps away from shopping, transportation, and a lovely park.

    Zillow last checked:

    Listing updated:

    Listed by:

    Julie Sikar 917-346-0750,

    J. Sikar Realty

    Source: BNYMLS,MLS#: 477579MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Appliances
    • Included: Refrigerator, Stove
    • Laundry: Laundry – Card Operated, Laundry Area
    Features
    • Elevator
    • Flooring: Other
    Interior area
    • Total structure area: 1,020
    • Total interior livable area: 1,020 sqft

    Property

    Parking
    • Parking features: Outdoor
    Accessibility
    • Accessibility features: Handicap Access
    Features
    • Pool features: Pool
    • On waterfront: Yes
    Details
    • Parcel number: 072791842
    • Special conditions: Arm's Length

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Condition
    • Year built: 1964

    Utilities & green energy

    • Utilities for property: Electricity Connected, Natural Gas Connected, Heat, Water Connected

    Community & HOA

    Community
    • Security: Secure Lobby, Security Patrol
    • Subdivision: Brooklyn
    HOA
    • HOA fee: $897 monthly
    • HOA name: BWT
    • HOA phone: 718-266-2175
    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $490/sqft
    • Tax assessed value: $117,949
    • Annual tax amount: $1,600
    • Date on market: 10/16/2023
    • Cumulative days on market: 21 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    1/2/2024Sold$500,000-7.2%$490/sqft
    Source: BNYMLS #477579 Report a problem
    11/6/2023Pending sale$539,000$528/sqft
    Source: StreetEasy Report a problem
    10/16/2023Price change$539,000-1.1%$528/sqft
    Source: BNYMLS #477579 Report a problem
    9/5/2023Price change$545,000-9%$534/sqft
    Source: StreetEasy Report a problem
    8/9/2023Listed for sale$599,000$587/sqft
    Source: StreetEasy Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,012 +5%$53,077 +0.2%
    2024$5,723 $52,994 +0.1%
    2023-- $52,921 +14.3%
    2022-- $46,285 +27.2%
    2021-- $36,381 -5.3%
    2020$1,380 +3.5%$38,398
    2019$1,333 -66.3%$38,398 +0.1%
    2018$3,960 +7%$38,374 +9.5%
    2017$3,700 +179.7%$35,060 +17.4%
    2016$1,323 $29,861 +11.2%
    2015$1,323 -6.9%$26,860 +0%
    2014$1,421 $26,854 +8%
    2013-- $24,859 +18%
    2012-- $21,062 +50%
    2011-- $14,041 +1.5%
    2010-- $13,833
    2009-- $13,833 +78.4%
    2008-- $7,756
    Find assessor info on the county website

    Neighborhood: Coney Island

    Nearby schools

    GreatSchools rating