NOT LISTED FOR SALE

Estimated Value: $4,635,741 - $5,539,000

3 Beds
3.5 Baths
2,492 Sq Ft
$2,478/mo HOA Fee

Last Sold October 19, 2022

Last sale price $5,757,575 $2,310 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $32,361/month

20 Days on Market

About This Home

As of October 2022

1 John Street Residence 7B Dumbo: Situated in the picturesque Northwest Corner of Dumbo's most luxurious Condominium Building - Residence 7B at 1 John Street exudes Light, Views, and Luxury throughout its 3 Bedroom and 3.5 Bathroom floor plan. Measuring 2,492sf this large Waterfront residence takes in the most Breathtaking Views possible over NYC Harbor and the Exciting Dumbo Waterfront, Downtown Manhattan, and both the Brooklyn and Manhattan Bridges.

As soon as you enter this dramatic Corner Loft, you are mesmerized by the Striking Views over the Harbor and Bridges, and welcomed by the custom Chef's Kitchen featuring double kitchen Islands accompanied by a Full Appliance package, including: a built in Gas Range, Oven, Refrigerator, Freezer, Wine Fridge, Microwave, Fresh Air Exhaust System, and Custom Cabinetry. The Kitchen opens up wonderfully into a beautiful Corner Living Room, surrounded by oversized windows overlooking all of Manhattan and The Harbor, giving off the effect that the apartment is cantilevered over the water. Additional space in the Living area lends itself to many practical uses, such as extra Dining space, Home Office, or a TV/Den area. The size of the Great Room and Kitchen combined with expansive views, allow you to Relax in style or Entertain in Grand Fashion.

The Primary Bedroom Suite contains an en-suite Bathroom with Custom Stone Flooring (Heated), Dual Head Open Glass Shower, Free Standing Porcelain Tub, Separate Water Closet, Dual Sinks with Vanities, and an abundance of Custom Closets - all highlighted by beautiful Custom Cedar Woodwork. The Second and Third Bedrooms also overlook the Water and Midtown Manhattan Skyline, and contain their own en-suite bathrooms and additional Custom Closets. A convenient Powder Room is located off of the Living Area, as well as a full size Laundry Room with Washer and Vented Dryer, and additional shelving.

This apartment comes complete with High 10' Foot Ceilings, Oversized Windows, Beautiful Hardwood Floors throughout with a custom White Rinse Finish, and Central HVAC. This Full Service Building - Newly Built by Alloy Development in 2016 - offers a 24/7 Doorman, Full Time Super, Beautiful Lobby Lounge with Terrace overlooking the River and Manhattan and equipped with WiFi, Full Gym designed by La Palestra, and a Breathtaking Planted and Furnished Common Roof Deck with Grill and Panoramic Views over Manhattan, Brooklyn, and the Waterfront Park.

Available to show by private appointment only. 24 Hours' Notice is required.

Last Agent to Sell the Property

Christopher Knight

Corcoran Group License #40KN1173830 Listed on: 07/14/2022

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $37,308

Year Built

  • Built in 2016 | Newly Remodeled

HOA Fees

  • $2,478 Monthly HOA Fees

Home Design

  • 2,492 Sq Ft Home
  • Entry on the 7th floor

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Community Details

  • 42 Units
  • Dumbo Subdivision
  • 12-Story Property

Property Details

Home Type

Condominium

Est. Annual Taxes

$37,308

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$2,478 per month

Listing Details

  • Cross Street: ADAMS STREET and PEARL STREET
  • Exposures: North,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Dumbo
  • Entry Level: 7
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 2492.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 3

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2478.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: Yes
  • Units: 42
  • Total Stories: 12
  • Year Built: 2016

Tax Info

  • Tax Block: NA
  • Tax Annual: 37308.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2022
Closed on
Oct 19, 2022
Sold by
Tmlp-Scott Llc No 20
Bought by
1 John Street 7B Llc
Seller's Agent
Christopher Knight
Corcoran Group
List Price
$5,650,000
Sold Price
$5,757,575
Premium/Discount to List
$107,575
1.9%
Views
1
Current Estimated Value
$5,078,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$678,995
Avg. Annual Appreciation
-3.79%

Purchase Details

Closed on
Aug 31, 2016
Sold by
1 John Street Llc
Bought by
Tmlp-Scott Llc No 20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,501,978
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1 John Street 7B Llc $5,757,575 --
Tmlp-Scott Llc No 20 $5,094,128 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tmlp-Scott Llc No 20 $3,501,978
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2022 10/19/22 Sold $5,757,575 +1.9% $2,310 / Sq Ft
08/05/2022 08/05/22 Pending -- -- --
07/15/2022 07/15/22 For Sale $5,650,000 0.0% $2,267 / Sq Ft
10/15/2019 10/15/19 Rented -- -- --
09/15/2019 09/15/19 Under Contract -- -- --
07/23/2019 07/23/19 For Rent $16,000 -- --
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $43,069 $402,904 $9,119 $393,785
2024 $43,069 $402,463 $9,119 $393,344
2023 $40,442 $379,475 $9,119 $370,356
2022 $37,414 $330,880 $9,119 $321,761
2021 $35,375 $288,375 $9,119 $279,256
2020 $0 $321,297 $9,119 $312,178
2019 $0 $297,405 $9,119 $288,286
2018 $35,602 $287,019 $9,118 $277,901
2017 $17,357 $146,831 $9,119 $137,712
2016 $17,173 $137,237 $9,118 $128,119
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10803918

Real Estate Board of New York (REBNY)

APN: 00001-1024