NOT LISTED FOR SALE

Estimated Value: $1,586,206 - $1,940,000

1 Bed
1.5 Baths
1,191 Sq Ft
$739/mo HOA Fee

Last Sold January 27, 2023

Last sale price $1,790,000 $1,503 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $11,872/month

48 Days on Market

Highlights

  • Rooftop Deck
  • Pre War Building
  • Central Air
  • River View
  • Entrance Foyer
  • North Facing Home

About This Home

As of January 2023

Be sure to not miss out on this highly desired, high floor C-line at the coveted Clock Tower Condominium at 1 Main Street. This rarely available 1,191 sq.ft. +/-, 1 bedroom (easily converted to a two bedroom), 1.5 bath sits eye level with the Manhattan Bridge, gazes upon the East River, Brooklyn Bridge Park, the Manhattan Skyline and has some of the best views that DUMBO has to offer.

Upon entry, you will immediately be drawn to the massive, oversized windows that flood the loft with natural light, the soaring 11+/- concrete beamed ceilings and the beautifully refinished hardwood flooring. The living area is expansive and can easily be set up many different ways to best fit your lifestyle. Currently, there is a living room area, dining area, a built-in desk nook with an amazing view, and plenty of room for barstool seating at the kitchen island. Whether you are hosting guests or enjoying a relaxing night in, this space can do it all.

In the chef's kitchen, you will find top of the line appliances such as SubZero refrigerator, a newly upgraded GE oven, Thermador range, and Bosch dishwasher. The kitchen is also highlighted by an abundance of matte black cabinetry throughout, a four-step water purifier on the kitchen sink which also provides purification for ice in the freezer, and a large kitchen island.

The primary bedroom is massive and easily accommodates a king-sized bed plus end tables and additional furniture. It has been upgraded with blackout shades and has a spacious walk through closet that leads to a private en-suite primary bathroom that is complete with a marble vanity, a deep soaking spa-like Jacuzzi tub, and a glass enclosed shower.

Rounding out this well-proportioned footprint is an approximately 11'x 5'6” laundry/utility room that is equipped with a newer Bosch washer/dryer, a powder room just off the entry and tons of storage throughout. This floorplan is extremely generous and can be easily be arranged to accommodate a second bedroom, a large home office and even a second full bathroom. As is, the apartment is perfect but the possibilities are endless.

The Clock Tower Condominium, DUMBO's premier loft building, has a magnificent marble lobby with 24-hour concierge service, a bright & well-equipped gym with adjoining common roof deck, bike room and additional storage. The Clock Tower is located at the heart of Brooklyn Bridge Park, Empire Stores, St. Ann's Theater, restaurants, shopping, cafes, subways, ferry, and all that Dumbo has to offer.

Last Listed By

Karen Heyman Defontes

Sothebys International Realty License #40HE0781079 Listed on: 09/12/2022

Sothebys International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,000

Year Built

  • Built in 1915

Lot Details

  • 0.63

HOA Fees

  • $739 Monthly HOA Fees

Property Views

  • River

Home Design

  • Pre War Building

Interior Spaces

  • 1,191 Sq Ft Home
  • Entrance Foyer

Bedrooms and Bathrooms

  • 1 Bedroom

Additional Features

  • North Facing Home
  • Central Air

Community Details

Overview

  • 124 Units
  • Dumbo / Vinegar Hill Subdivision
  • 18-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,000

Year Built

Built in 1915

Lot Details

0

HOA Fees

$739 per month

Listing Details

  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: DUMBO / Vinegar Hill
  • Architectural Style: Prewar
  • Entry Level: 10
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 18

Interior Features

  • Interior Features: Entrance Foyer
  • Living Area: 1191.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Integer: 2
  • Bedrooms: 1

Exterior Features

  • View: City, Park/Greenbelt, River
  • View: Yes
  • Exterior Features: Building Roof Deck

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 739.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Area: 27273.0
  • Lot Size Dimensions: 200.1 x 138.33

Building Info

  • New Construction: No
  • Units: 124
  • Total Stories: 18
  • Year Built: 1915

Tax Info

  • Tax Block: 0
  • Tax Annual: 12000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2022
Closed on
Jan 19, 2023
Sold by
Gerloff Michael A
Bought by
Kathy K Priest Trustee and Shivakumar
Seller's Agent
Karen Heyman Defontes
Sothebys International Realty
List Price
$1,875,000
Sold Price
$1,790,000
Premium/Discount to List
-$85,000
-4.53%
Total Days on Market
48
Views
24
Current Estimated Value
$1,757,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,948
Avg. Annual Appreciation
-0.80%

Purchase Details

Closed on
Sep 21, 2017
Sold by
Matthew C Gerloff Tr The Barbara A Gerloff Li and Michael A Gerloff Tr The Barbara A Gerloff Li
Bought by
Gerloff Michael A

Purchase Details

Closed on
Feb 28, 2008
Sold by
Gerloff Barbara
Bought by
Dated 2 Barbara A Gerloff Liv and Gerloff Trustee Barbara A

Purchase Details

Closed on
May 16, 2003
Sold by
Dinstein Adele and Dinstein Michael
Bought by
Gerloff Barbara

Purchase Details

Closed on
Feb 9, 1999
Sold by
One Main Llc
Bought by
Dinstein Michael and Dinstein Adele

Range of Values:

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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
Kathy K Priest Trustee $1,790,000 --
Gerloff Michael A -- --
Dated 2 Barbara A Gerloff Liv -- --
Gerloff Barbara $770,000 --
Dinstein Michael $370,500 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dinstein Michael $292,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2023 01/27/23 Sold $1,790,000 -4.5% $1,503 / Sq Ft
11/22/2022 11/22/22 Off Market $1,875,000 -- --
10/31/2022 10/31/22 Pending -- -- --
09/12/2022 09/12/22 For Sale $1,875,000 -- $1,574 / Sq Ft
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
2024 $16,709 $145,798 $2,590 $143,208
2023 $12,979 $144,169 $2,590 $141,579
2022 $11,999 $124,727 $2,590 $122,137
2021 $13,402 $119,101 $2,590 $116,511
2020 $12,289 $134,476 $2,590 $131,886
2019 $10,272 $118,752 $2,590 $116,162
2018 $8,376 $97,315 $2,590 $94,725
2017 $6,939 $76,633 $2,590 $74,043
2016 $6,329 $73,722 $2,590 $71,132
2015 $4,373 $40,807 $2,590 $38,217
2014 $4,373 $40,806 $2,591 $38,215
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10822815

Real Estate Board of New York (REBNY)

APN: 00027-1093