NOT LISTED FOR SALE

Estimated Value: $1,082,843 - $1,803,000

1 Bed
1.5 Baths
1,161 Sq Ft
1915 Built

Sale Details

Date Sold: June 20, 2019

Last sale price $1,400,000 $1,206 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,822 / mo

64 Days on Market

Highlights

  • Rooftop Deck
  • Garage
  • North Facing Home
  • Pre War Building

About This Home

As of June 2019

Welcome Home!

Located in DUMBO's premier Clock Tower Condominium, this oversized 1-bedroom loft has 1.5 baths, and more than 1,160 square feet. Hardwood flooring and soaring 11 foot ceilings throughout work in unity with the home's concrete columns and exposed beams. The spacious living room boasts coveted views of Brooklyn Bridge Park through nearly floor-to-ceiling windows.

The sprawling master bedroom, which is filled with sunlight through wall-to-wall windows, includes a large walk-in closet with built-in storage.

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

Last Agent to Sell the Property

Mary Torres

Modern Spaces License #10401259767 Listed on: 03/05/2019

Modern Spaces

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,648

Year Built

  • Built in 1915

Lot Details

  • North Facing Home

HOA Fees

  • $577 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 1,161 Sq Ft Home
  • Pre War Building
  • Entry on the 3rd floor

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Legal Lot and Block 7501 / 27

Community Details

Overview

  • Dumbo Subdivision
  • 18-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,648

Year Built

Built in 1915

Lot Details

0 Sq Ft Lot

HOA Fees

$577 per month

Listing Details

  • Cross Street: Plymouth Street/Water Street
  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Dumbo
  • Architectural Style: Prewar
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 18

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 1161.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Roof Deck

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 577.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

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

Tax Info

  • Tax Block: 27
  • Tax Lot: 7501
  • Tax Annual: 3648.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2019
Closed on
Jun 20, 2019
Sold by
Chu Frederick K and Chu Rebecca W
Bought by
Boklan Kent D and Boklan Maria C
Seller's Agent
Mary Torres
Modern Spaces
List Price
$1,400,000
Sold Price
$1,400,000
Current Estimated Value
$1,444,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,711
Avg. Annual Appreciation
0.46%
Original Mortgage
$670,000
Outstanding Balance
$586,693
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$858,018

Purchase Details

Closed on
Mar 31, 2004
Sold by
Stephen Chu and Stephen Chu
Bought by
Chu Frederick K and Chu Rebecca W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
5.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 1999
Sold by
One Main Llc
Bought by
Chu Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.19%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Boklan Kent D $1,400,000 --
Chu Frederick K $525,000 --
Chu Stephen $183,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boklan Kent D $670,000
Previous Owner Chu Frederick K $325,000
Previous Owner Chu Stephen $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2019 06/20/19 Sold $1,400,000 0.0% $1,206 / Sq Ft
05/10/2019 05/10/19 Pending -- -- --
03/06/2019 03/06/19 For Sale $1,400,000 -- $1,206 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $7,650 $69,305 $1,185 $68,120
2024 $7,650 $66,755 $1,185 $65,570
2023 $5,942 $66,008 $1,185 $64,823
2022 $5,494 $57,107 $1,185 $55,922
2021 $6,136 $54,531 $1,185 $53,346
2020 $2,766 $61,571 $1,185 $60,386
2019 $4,703 $54,371 $1,185 $53,186
2018 $3,835 $44,555 $1,184 $43,371
2017 $3,177 $35,087 $1,185 $33,902
2016 $2,898 $33,754 $1,185 $32,569
2015 $2,002 $18,683 $1,185 $17,498
2014 $2,002 $18,684 $1,185 $17,499
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10538604

Real Estate Board of New York (REBNY)

APN: 00027-1020

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