NOT LISTED FOR SALE

Estimated Value: $3,311,232 - $4,062,000

3 Beds
2.5 Baths
2,477 Sq Ft
1900 Built

Sale Details

Date Sold: October 18, 2023

Last sale price $3,700,000 $1,494 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $23,753 / mo

117 Days on Market

Highlights

  • City View
  • Central Air
  • High-Rise Community
  • Green Building
  • Dining Area

About This Home

As of October 2023

As you enter apartment 7D you are treated to breathtaking views of the Brooklyn and Manhattan Bridges and the Manhattan skyline; a feast of light and space which is unique to this reconfigured loft-like home. Several walls have been removed, pocket doors added, and the original design has been replaced by an open plan layout with creative cabinet work, generous storage in the kitchen and extensive shelves providing for all your display and storage needs. The fully renovated apartment is truly a one of a kind space in the Clocktower Condominium. The apartment measures 2477 square feet and is currently configured with 2 private bedrooms plus a home office (essentially a third bedroom) and 2 and 1/2 baths. The large master bedroom has its own office space and the numerous shelves and cabinets are a wonderful addition. The master bath has an attractive sink, mirrored cabinet, large Jacuzzi tub and an enclosed shower. The second bedroom functions as an entertainment room as well as a place for guests. The home office/den is currently used as a third bedroom/playroom. Sliding doors add privacy when needed. The separate laundry room with sink also serves as a storage space with many built ins and useful shelving.

The former Gair box factory, built in 1915, was converted to the iconic full service Clocktower building in 1998. One Main features low monthlies, 11+ foot ceilings and concrete cast columns, hard wood floors, central air, high end appliances, state-of-the-art internet connections, generous closets and large living spaces. The 16 oversized windows provide an incredible view over Brooklyn Bridge Park and the East River. Brooklyn Bridge Park is your backyard and stretches for 1 and 1/4 miles along the Brooklyn waterfront. The unusual faux marble lobby is accessed through a set of 3 double brass doors. There is a 24 hour doorman, full time super, fantastic staff, well equipped gym, generous roof deck, bike room and storage lockers for rent.

Dumbo is New York's hottest neighborhood with incredible art galleries and restaurants. Brooklyn Bridge Park is world class with Jane's Carousel and the Arts at Saint Ann's at your doorstep. The East River Ferry is a block away, the A/C/F/2/3 trains and the 25 Bus are easily accessible.

Last Agent to Sell the Property

Kenneth Mandelbaum

Brown Harris Stevens Brooklyn LLC License #10301200905 Listed on: 05/12/2023

Brown Harris Stevens Brooklyn LLC

Co-Listed By

Jeffrey Mandelbaum

Brown Harris Stevens Brooklyn LLC License #10401281098

Last Buyer's Agent

Kenneth Mandelbaum

Brown Harris Stevens Brooklyn LLC License #10301200905 Listed on: 05/12/2023

Brown Harris Stevens Brooklyn LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23,760

Year Built

  • Built in 1900

HOA Fees

  • $1,876 Monthly HOA Fees

Property Views

  • Park or Greenbelt

Home Design

  • Entry on the 7th floor

Interior Spaces

  • 2,477 Sq Ft Home
  • Dining Area

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Eco-Friendly Details

  • Green Building
  • Smoke Free Home

Utilities

  • Central Air

Community Details

  • 124 Units
  • High-Rise Community
  • The Clocktower Condos
  • Dumbo Subdivision
  • 12-Story Property

Listing and Financial Details

  • Legal Lot and Block 0027 / 00027

Property Details

Home Type

Condominium

Est. Annual Taxes

$23,760

Year Built

Built in 1900

Lot Details

0 Sq Ft Lot

HOA Fees

$1,876 per month

Listing Details

  • Exposures: East,North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: DUMBO
  • Entry Level: 7
  • Structure Type: High Rise
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Interior Features: Dining Area, Smoke Free
  • Fireplace: No
  • Living Area: 2477.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 3

Exterior Features

  • View: City, Park/Greenbelt
  • View: Yes
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Building Other, In Unit
  • Green Building Features: Green Building
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1876.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Building Name: The Clocktower
  • Units: 124
  • Total Stories: 12
  • Year Built: 1900

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 00027
  • Tax Lot: 0027
  • Tax Annual: 23760.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2023
Closed on
Oct 18, 2023
Sold by
Bought by
Seller's Agent
Kenneth Mandelbaum
Brown Harris Stevens Brooklyn LLC
Buyer's Agent
Kenneth Mandelbaum
Brown Harris Stevens Brooklyn LLC
List Price
$4,200,000
Sold Price
$3,700,000
Premium/Discount to List
-$500,000
-11.9%
Views
251
Current Estimated Value
$3,573,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$126,692
Avg. Annual Appreciation
-1.29%

Purchase Details

Closed on
Oct 3, 2006
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,700,000 --
$1,900,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/18/2023 10/18/23 Sold $3,700,000 -6.3% $1,494 / Sq Ft
09/07/2023 09/07/23 Pending -- -- --
06/20/2023 06/20/23 Price Changed $3,950,000 -6.0% $1,595 / Sq Ft
05/12/2023 05/12/23 For Sale $4,200,000 -- $1,696 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $31,363 $285,405 $4,740 $280,665
2025 $30,595 $277,158 $4,740 $272,418
2024 $30,595 $266,960 $4,740 $262,220
2023 $23,764 $263,976 $4,740 $259,236
2022 $21,970 $228,377 $4,740 $223,637
2021 $20,245 $218,076 $4,740 $213,336
2020 $9,126 $246,228 $4,740 $241,488
2019 $15,516 $217,436 $4,740 $212,696
2018 $15,337 $178,184 $4,740 $173,444
2017 $12,705 $140,316 $4,740 $135,576
2016 $11,588 $134,986 $4,740 $130,246
2015 $8,007 $74,717 $4,740 $69,977
2014 $8,007 $74,717 $4,741 $69,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10915203

Real Estate Board of New York (REBNY)

APN: 00027-1061

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