NOT LISTED FOR SALE

Estimated Value: $1,372,370 - $2,812,000

2 Beds
2 Baths
1,121 Sq Ft
$946/mo HOA Fee

Last Sold January 13, 2016

Last sale price $1,731,500 $1,545 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $11,977/month

264 Days on Market

Highlights

  • Pre War Building
  • 4-minute walk to Bedford Avenue
  • Garage
  • Terrace

About This Home

As of January 2016

Re-launched and refinished! After a short run in the spring, the owner chose to pull 5F from the market for the summer to refinish all of the floors restoring them to a beautiful finish and repainting the apartment to bring the beauty and specialness of 5F back to its original glory. This stunning corner split 2-bedroom/2-bathroom with corner terrace sits on the premiere corner of the Karl Fischer's "NV" masterpiece. 5F is a beautiful sun filled home with open views over the quiet tree lined streets - Berry and North 5th. The home is efficiently laid out maximizing views, space, storage and privacy. The open kitchen is finished with Veneta Cucine kitchen cabinetry, Dornbracht faucet and appliances from Bosch, KitchenAid, FCI and Sub-Zero. The living room is bright and spacious with 10-foot plus ceiling height. Entry to a 258 square foot private corner terrace exudes peace and tranquility and is a perfect nook for the day's escape. The oversized master bedroom is brilliantly bright and also has a private entrance to the terrace. An en suite spa-like master bath with finishes by Wet Style, Porcher and Grohe has a deep soaking tub and a shower. The second bed is generous in size and enjoys eastern sunrises. Ample closet space and a washer and dryer complete the home.

101 North 5 has a 15-year tax abatement which began in 2009. Building amenities include a full fitness center, media lounge with billiards' table, 2,000 square foot garden with fire pit, garage, common rooftop deck with striking views of the iconic Manhattan skyline and virtual doorman. Located in the center of North Williamsburg, NV is a block from the Bedford L stop, 3 blocks from the East River Ferry, pier and is 1 block North of the new Whole Foods, NYSC and Apple store due to open in the coming year.

Last Listed By

Ralph Modica

Compass License #10301209350 Listed on: 02/03/2015

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $684

Year Built

  • Built in 2009

HOA Fees

  • $946 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 1,121 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Terrace
  • No Cooling

Community Details

  • Williams Subdivision
  • 6-Story Property

Listing and Financial Details

  • Tax Block 2334

Property Details

Home Type

Condominium

Est. Annual Taxes

$684

Year Built

Built in 2009

Lot Details

0

HOA Fees

$946 per month

Listing Details

  • Cross Street: WYTHE AVENUE and BERRY STREET
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: WILLIAMS
  • Architectural Style: Prewar
  • Entry Level: 5
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 1121.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 946.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: NV
  • Total Stories: 6
  • Year Built: 2009

Tax Info

  • Tax Block: 2334
  • Tax Annual: 684.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2015
Closed on
Jan 8, 2016
Sold by
Mccoy Charles Ian
Bought by
Hume David
Seller's Agent
Ralph Modica
Compass
List Price
$1,790,000
Sold Price
$1,731,500
Premium/Discount to List
-$58,500
-3.27%
Total Days on Market
264
Current Estimated Value
$1,819,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,343
Avg. Annual Appreciation
0.53%
Original Mortgage
$1,100,000
Outstanding Balance
$886,987
Interest Rate
3.98%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$932,856

Purchase Details

Closed on
Sep 24, 2009
Sold by
150 Berry Llc
Bought by
Mccoy Charles Ian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,120,000
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Hume David $1,731,500 --
Mccoy Charles Ian $850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hume David $1,100,000
Previous Owner Mccoy Charles $227,000
Previous Owner Mccoy Charles $124,750
Previous Owner Mccoy Charles Ian $10,057
Previous Owner Mccoy Charles Ian $13,120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2016 01/13/16 Sold $1,731,500 -3.3% $1,545 / Sq Ft
12/14/2015 12/14/15 Pending -- -- --
03/24/2015 03/24/15 For Sale $1,790,000 -- $1,597 / 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
2024 $10,370 $120,514 $9,598 $110,916
2023 $7,358 $110,914 $9,598 $101,316
2022 $4,874 $91,192 $9,598 $81,594
2021 $2,657 $87,088 $9,598 $77,490
2020 $338 $101,721 $9,598 $92,123
2019 $706 $90,321 $9,598 $80,723
2018 $712 $87,163 $9,597 $77,566
2017 $712 $63,201 $9,598 $53,603
2016 $722 $63,036 $9,598 $53,438
2015 $564 $60,296 $9,598 $50,698
2014 $564 $59,651 $9,597 $50,054
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10081061

Real Estate Board of New York (REBNY)

APN: 02334-1035