$1,400,000
SOLD MAR 31, 2017
2 Beds
2 Baths
1,091 Sq Ft
$511/mo HOA Fee

Recently Sold

$1,283 Per Sq Ft

5% Below List Price

48 Days on Market

Highlights

  • Pre War Building
  • 4-minute walk to Graham Avenue
  • 3-minute walk to Badame Sessa Memorial Square
  • P.S. 132 The Conselyea School Rated A-

About This Home

As of March 2017

Nestled in the heart of Williamsburg ? this immaculate corner loft residence is truly a rare offering. Originally built in 1865 as a Civil War munitions foundry and converted in 2007, beautiful historic details throughout have been preserved while updated modern conveniences offer the best in today's standards. Approximately 1,100SF this turn-key 2 bedroom 2 bathroom home is filled with unrivaled character featuring exposed brick, open cedar beams, timber columns and soaring 13 foot ceiling heights. With multiple exposures and oversized picture frame windows, sunlight floods the apartment. The expansive kitchen features extensive storage, Caesar stone counter tops and chefs grade stainless steel appliances. Both the master bathroom and second bath offer deep soaking tubs and custom vanities. Hardwood floors, central HVAC with NEST thermostat, Miele washer and dryer and abundant storage throughout complete this picture perfect home. Conveniently located on the corner of Jackson Street and Manhattan Avenue, The Jackson Foundry Lofts is just a few blocks away from the Graham and Lorimer subway stop, McCaren Park, great restaurants and shops. The elevator building offers a common roof deck and there is a J-51 Tax Abatement until June 2025. Also available for rent. Asking $4,950/month

Co-Listed By

Maggie Marshall

Compass License #30SH1004241

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,500

HOA Fees

  • $511 Monthly HOA Fees

Home Design

  • Pre War Building

Interior Spaces

  • 1,091 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling

Community Details

  • Jackson Foundry Condos
  • Williams Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,500

Lot Details

0

HOA Fees

$511 per month

Listing Details

  • Cross Street: Manhattan Ave and Graham Ave
  • Property SubType: Loft
  • Property Type: Residential
  • Neighborhood: WILLIAMS
  • Architectural Style: Prewar, Loft
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 1091.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 511.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: Jackson Foundry
  • Units: 1
  • Total Stories: 4

Tax Info

  • Tax Block: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2017
Closed on
Mar 31, 2017
Sold by
Mitchell Adrienne
Bought by
Chou Pay Sion
List Price
$1,475,000
Sold Price
$1,400,000
Premium/Discount to List
-$75,000
-5.08%
Current Estimated Value
$1,310,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$89,698
Avg. Annual Appreciation
-1.21%

Purchase Details

Closed on
Jun 30, 2015
Sold by
Sternhell Michael J
Bought by
Mitchell Adrienne and Mitchell Jesse

Purchase Details

Closed on
Sep 6, 2012
Sold by
Sternhell Michael J
Bought by
Sternhell Michael J and Stevenson Melissa C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,604
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2007
Sold by
Sivan Riverside Llc
Bought by
Sternhell Michael J
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 Type Sale Price Title Company
Deed $1,400,000 --
Deed $1,330,000 --
Deed -- --
Deed $676,627 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $684,000 No Value Available
Previous Owner $79,604 New Conventional
Previous Owner $24,680 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Rented -- -- --
10/18/2020 10/18/20 Under Contract -- -- --
09/17/2020 09/17/20 For Rent $4,950 0.0% --
03/31/2017 03/31/17 Sold $1,400,000 -5.1% $1,283 / Sq Ft
03/01/2017 03/01/17 Pending -- -- --
01/11/2017 01/11/17 For Sale $1,475,000 -- $1,352 / 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 $6,500 $71,745 $6,134 $65,611
2024 $6,500 $65,990 $6,134 $59,856
2023 $3,607 $58,402 $6,134 $52,268
2022 $2,596 $73,310 $6,134 $67,176
2021 $1,037 $53,785 $6,134 $47,651
2020 $16 $61,627 $6,134 $55,493
2019 $0 $64,504 $6,134 $58,370
2018 $1,091 $57,485 $6,135 $51,350
2017 $1,068 $55,983 $6,135 $49,848
2016 $757 $55,256 $6,135 $49,121
2015 -- $48,584 $6,135 $42,449
2014 -- $46,007 $6,135 $39,872
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10099697

Real Estate Board of New York (REBNY)

APN: 02749-1112