NOT LISTED FOR SALE

Estimated Value: $1,135,235 - $1,775,000

1 Bed
1.5 Baths
1,293 Sq Ft
$643/mo HOA Fee

Last Sold January 31, 2018

Last sale price $1,479,000 $1,144 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $9,475/month

116 Days on Market

Highlights

  • Rooftop Deck
  • Central Air
  • Laundry Facilities
  • Pre War Building
  • Garage
  • East Facing Home

About This Home

As of January 2018

ONE BEDROOM PLUS DEN CONDOMINIUM, ALMOST 1300SQFT. Featuring a generously proportioned living/dining space, 11' ceilings with exposed concrete beams, over sized windows with north-eastern exposure, black out and sun filtering shades, a wall of beautifully designed built-in cabinetry, designer lighting, oak hardwood floors, central AC, and a washer/dryer. Enhancing this one bedroom, 1.5 bath home is a separate den that can serve as office or guest room. The stylish open kitchen includes a new quartz counter top and stainless sink and appliances (Sub-Zero refrigerator, Bosch dishwasher, Thermador range, oven & hood). The spa-style master bath features a double width marble counter top, Jacuzzi tub & a new separate glassed-in shower. A generous walk-thru closet outfitted with California Closets completes the master bedroom suite. The Clock Tower, DUMBO's flagship residence, provides luxury loft living in a full service building and lies next to the new 85 acre Brooklyn Bridge Park with state of the art recreational fields, marina, dog runs, jogging and bike paths. ( in 1913 the Clock Tower has the distinction of being one of the city's first poured concrete buildings of its size and grandeur. Its presence on the waterfront is remembered for its turn-of-the-century clock peering out from its copper faced tower. The amenity rich building features 24-hour concierge, 3 elevators, fitness center, newly furnished common roof deck, & bicycle storage and storage. Pets are welcome. Nearby transportation options place you within a short commute to Manhattan and vicinity via 2/3 A, C, or F trains, or by Water Taxi and East River Ferries. Welcome home to DUMBO ( where you can experience an enviable mix of eclectic galleries, shops, eateries and recreational options.

Last Agent to Sell the Property

Michael Coleman

Corcoran Group License #30CO0815060 Listed on: 09/06/2017

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,648

Year Built

  • Built in 1913

HOA Fees

  • $643 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 1,293 Sq Ft Home
  • Pre War Building
  • Entry on the 3rd floor

Bedrooms and Bathrooms

  • 1 Bedroom

Additional Features

  • East Facing Home
  • Central Air

Listing and Financial Details

  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,648

Year Built

Built in 1913

Lot Details

0

HOA Fees

$643 per month

Listing Details

  • Cross Street: Plymouth Street & Water Street
  • Exposures: East
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Dumbo - Vinegar Hill
  • Architectural Style: Prewar
  • Entry Level: 3
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 15

Interior Features

  • Living Area: 1293.0
  • Living Area Units: Square Feet

Beds/Baths

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

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 Charge/Maintenance Fee: 643.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • 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
  • Tax Annual: 3648.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2017
Closed on
Jan 31, 2018
Sold by
Smolin Elizabeth M
Bought by
Dilorenzo Ariana
Seller's Agent
Michael Coleman
Corcoran Group
List Price
$1,500,000
Sold Price
$1,479,000
Premium/Discount to List
-$21,000
-1.4%
Current Estimated Value
$1,551,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,059
Avg. Annual Appreciation
0.60%

Purchase Details

Closed on
Aug 24, 2006
Sold by
Yuan Chu Alvin
Bought by
Smolin Elizabeth M and Smolin Jerome H

Purchase Details

Closed on
Nov 25, 1998
Sold by
One Main Llc
Bought by
Chu Alvin Yuan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.92%

Purchase Details

Closed on
Oct 26, 1998
Sold by
One Main Llc
Bought by
Hart Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.92%
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
Dilorenzo Ariana $1,400,000 --
Smolin Elizabeth M $862,500 --
Chu Alvin Yuan -- --
Hart Steve -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chu Alvin Yuan $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2018 01/31/18 Sold $1,479,000 -1.4% $1,144 / Sq Ft
01/01/2018 01/01/18 Pending -- -- --
09/06/2017 09/06/17 For Sale $1,500,000 -- $1,160 / 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 $8,656 $78,417 $1,340 $77,077
2024 $8,656 $75,532 $1,340 $74,192
2023 $8,150 $74,687 $1,340 $73,347
2022 $7,535 $64,615 $1,340 $63,275
2021 $6,943 $61,701 $1,340 $60,361
2020 $6,473 $69,666 $1,340 $68,326
2019 $5,321 $61,519 $1,340 $60,179
2018 $4,303 $50,414 $1,340 $49,074
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10474695

Real Estate Board of New York (REBNY)

APN: 00027-1019