NOT LISTED FOR SALE

Estimated Value: $1,611,386 - $2,085,000

2 Beds
1.5 Baths
1,735 Sq Ft
1913 Built

Last Sold September 24, 2018

Last sale price $1,550,000 $893 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $10,932/month

Highlights

  • Rooftop Deck
  • Central Air
  • Laundry Facilities
  • Pre War Building
  • Garage

About This Home

As of April 2019

Rare opportunity to rent a stunning loft in the iconic full-service Clock Tower Condo, perfectly located right on the waterfront by Brooklyn Bridge Park in prime DUMBO! This enormous 1,735+/- square foot apartment boasts a large 1 bedroom, a fantastic home office, a raised living area that could be easily converted into a third bedroom, and 1.5 bathrooms, in Brooklyns most desirable neighborhood! High ceilings with 12 concrete beamed ceilings, exposed columns, hardwood floors and oversized windows create an airy ambiance that will thrill the luxury loft lover. The expansive floor plan affords you plenty of room for entertaining, with two separate living areas one of which is elevated and features triple exposure bay windows with a view of the Manhattan Bridge. The stylishly designed open kitchen showcases top-of-the-line stainless steel appliances, including a Sub-Zero fridge and Thermador oven. Your master suite is comprised of an expansive 14x17 bedroom with huge windows on eastern exposure that also opens up to the Manhattan Bridge, a large walk-in closet, and a spacious tiled 5-fixture full bathroom with a separate shower and soaking tub. The second room/office (13x10) is positioned privately away from the master bedroom and can serve multiple purposes! Other highlights include the latest Nest thermostat, a huge laundry/storage room with brand new Samsung washer and dryer which are both smart-enabled, in addition to central air and heat.Built in 1915 as a factory, and converted to condominiums in 1998, 1 Main Street, situated directly across from Brooklyn Bridge Park, has changed the landscape of Brooklyn with its legendary 4-story namesake clock tower. The building offers a 24-hour doorman/concierge, rooftop gym, expansive furnished roof deck with lounge and seating areas, as well as a bike room and onsite storage. Enjoy all the attractions of Brooklyn Bridge Park and DUMBO right at your disposal. A quick subway ride takes you to Wall Street in 5 minutes and Midtown Manhattan in 15.

Last Agent to Rent the Property

Jon Amundsen

The Agency Brokerage License #40AM1157883 Listed on: 01/30/2019

The Agency Brokerage

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1913

Parking

  • Garage

Home Design

  • 1,735 Sq Ft Home
  • Pre War Building
  • Entry on the 2nd floor

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Central Air

Listing and Financial Details

  • Property Available on 3/15/19
  • Tax Block 27

Community Details

Overview

  • 124 Units
  • The Clock Tower Condos
  • Dumbo Vinegar Hill Subdivision
  • 15-Story Property

Amenities

  • Rooftop Deck
  • Building Terrace
  • Laundry Facilities

Condo Details

Home Type

Condominium

Year Built

Built in 1913

Lot Details

0

Rental Info

  • Available Date: 2019-03-15

Listing Details

  • Cross Street: Plymouth Street & Water Street
  • Exposures: North,West
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Dumbo - Vinegar Hill
  • Architectural Style: Prewar
  • Entry Level: 2
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 15

Interior Features

  • Living Area: 1735.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Roof Deck
  • Patio/Porch Features: Building Terrace

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 171.0 x 197.0

Building Info

  • New Construction: No
  • Building Name: THE CLOCK TOWER
  • Units: 124
  • Total Stories: 15
  • Year Built: 1913

Tax Info

  • Tax Block: 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2018
Closed on
Sep 24, 2018
Sold by
Schoenholt Rustam
Bought by
Sheldon Joshua
Seller's Agent
Win Brown
Compass
List Price
$1,700,000
Sold Price
$1,550,000
Premium/Discount to List
-$150,000
-8.82%
Current Estimated Value
$1,914,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$364,097
Avg. Annual Appreciation
2.94%
Original Mortgage
$1,240,000
Outstanding Balance
$1,076,890
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$837,207

Purchase Details

Closed on
Sep 19, 2007
Sold by
Lieberman Lewis E and Ratner Ina B
Bought by
Schoenholt Rustam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2002
Sold by
Pederson Robert
Bought by
Lieberman Lewis E and Ratner Ina B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,000
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 1999
Sold by
One Main Llc
Bought by
Pederson Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.25%
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
Sheldon Joshua $1,550,000 --
Sheldon Joshua $1,550,000 --
Schoenholt Rustam $1,197,500 --
Schoenholt Rustam $1,197,500 --
Lieberman Lewis E -- --
Lieberman Lewis E -- --
Pederson Robert $279,000 --
Pederson Robert $279,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheldon Joshua $1,240,000
Closed Sheldon Joshua $1,240,000
Previous Owner Schoenholt Rustam $450,000
Previous Owner Lieberman Lewis E $592,000
Previous Owner Pederson Robert $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/13/2019 04/13/19 Rented -- -- --
03/14/2019 03/14/19 Under Contract -- -- --
02/04/2019 02/04/19 For Rent $7,500 0.0% --
09/24/2018 09/24/18 Sold $1,550,000 -8.8% $893 / Sq Ft View Prior Sale
09/24/2018 09/24/18 Pending -- -- --
03/16/2018 03/16/18 For Sale $1,700,000 -- $980 / 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
2025 $11,071 $100,294 $1,717 $98,577
2024 $11,071 $96,604 $1,717 $94,887
2023 $8,599 $95,524 $1,717 $93,807
2022 $7,950 $82,642 $1,717 $80,925
2021 $7,326 $78,915 $1,717 $77,198
2020 $3,302 $89,103 $1,717 $87,386
2019 $5,615 $78,683 $1,717 $76,966
2018 $5,550 $64,479 $1,717 $62,762
2017 $4,597 $50,776 $1,717 $49,059
2016 $4,194 $48,848 $1,717 $47,131
2015 $2,897 $27,039 $1,717 $25,322
2014 $2,897 $27,037 $1,717 $25,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10516190

Real Estate Board of New York (REBNY)

APN: 00027-1007