NOT LISTED FOR SALE

Estimated Value: $1,272,141 - $2,362,000

1 Bed
1.5 Baths
1,293 Sq Ft
0.63 Acres

Highlights

  • Rooftop Deck
  • Pre War Building
  • Entrance Foyer
  • River View
  • Den
  • Central Air

About This Home

As of March 2023

This 1,293+/- sq. ft., one bed plus home office loft is located in the prestigious Clock Tower Condominium in the heart of Brooklyn's most desired neighborhood, DUMBO.

Upon entering you're greeted by a grand hallway that leads to a spacious living room with oversized windows encompassing eastern exposed views of the Manhattan Bridge, Manhattan Skyline and East River. The living and dining area allows for various layout arrangements helping create the perfect space for anyone's vision. The open and airy layout is complemented by beautiful and consistent natural light.

In the chef's kitchen, you will find stainless steel appliances such as a SubZero refrigerator, Thermador oven/cook-top, and Bosch dishwasher. There is plenty of cabinetry as well as open shelving to accommodate your kitchen needs.

Hardwood floors throughout, 11'+/- concrete beamed ceilings and an open floorplan all combine to make this the epitome of true DUMBO living.

The primary bedroom has a large walk-in closet and a spa-like en-suite bath that showcases a marble vanity, deep soaking tub and a separate glass-enclosed shower. Rounding out this home includes a home office, a powder room, soaring concrete beamed ceilings, hardwood flooring, central A/C and in-unit W/D.

The Clocktower Condominium, DUMBOs premiere loft building, boasts a magnificent marble lobby with 24-hour concierge service, a bright well-equipped gym, with adjacent common roof deck, bike room and storage. Located across from the Brooklyn Bridge Park, and Empire Stores, and in close proximity to St. Ann's Theater, Janes Carousel, restaurants, shopping, subways, ferry and all that DUMBO has to offer.

Last Agent to Rent the Property

Karen Heyman Defontes

Sothebys International Realty License #40HE0781079 Listed on: 01/18/2023

Sothebys International Realty

Co-Listed By

Alan Heyman

Sothebys International Realty License #40HE1069794

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,884

Year Built

  • Built in 1915

Lot Details

  • 0.63

Property Views

  • River

Home Design

  • Pre War Building
  • Entry on the 10th floor

Interior Spaces

  • 1,293 Sq Ft Home
  • Entrance Foyer
  • Den

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Additional Features

  • East Facing Home
  • Central Air

Listing and Financial Details

  • Property Available on 2/15/23
  • Tax Block 7501

Community Details

Overview

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

Amenities

  • Rooftop Deck

Condo Details

Home Type

Condominium

Est. Annual Taxes

$12,884

Year Built

Built in 1915

Lot Details

0

Rental Info

  • Available Date: 2023-02-15

Listing Details

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

Interior Features

  • Interior Features: Den, Entrance Foyer
  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 1293.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4
  • Dining Room Type: Den

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 Interest: Condominium

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: 7501

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2010
Sold by
Torres Arturo
Bought by
Borsa Frank and Wallace Jeffrey M
Current Estimated Value
$1,729,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$266,601
Interest Rate
4.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,463,184

Purchase Details

Closed on
Aug 21, 2002
Sold by
Collins Edwin M
Bought by
Torres Arturo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
6.2%

Purchase Details

Closed on
Oct 3, 2001
Sold by
Works Clint R
Bought by
Collins Edwin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
6.77%

Purchase Details

Closed on
Dec 15, 1998
Sold by
One Main Llc
Bought by
Works Clint R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.5%
Source: Public Records

Range of Values:

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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
Borsa Frank $950,000 --
Torres Arturo -- --
Collins Edwin M -- --
Works Clint R $324,500 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borsa Frank $400,000
Previous Owner Torres Arturo $528,000
Previous Owner Collins Edwin M $448,000
Previous Owner Works Clint R $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2023 03/09/23 Rented $7,250 -3.3% --
01/18/2023 01/18/23 For Rent $7,500 -- --
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 $12,884 $116,716 $1,996 $114,720
2024 $12,884 $112,422 $1,996 $110,426
2023 $10,007 $111,165 $1,996 $109,169
2022 $9,252 $96,174 $1,996 $94,178
2021 $8,526 $91,836 $1,996 $89,840
2020 $3,843 $103,692 $1,996 $101,696
2019 $6,535 $91,566 $1,996 $89,570
2018 $6,459 $75,037 $1,997 $73,040
2017 $5,351 $59,090 $1,996 $57,094
2016 $4,880 $56,845 $1,996 $54,849
2015 $3,154 $31,465 $1,996 $29,469
2014 $3,154 $31,464 $1,996 $29,468
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10832219

Real Estate Board of New York (REBNY)

APN: 00027-1096