NOT LISTED FOR SALE

Estimated Value: $4,566,000 - $4,979,000

5 Beds
6 Baths
4,545 Sq Ft
$1,050/Sq Ft Est. Value

Last Sold November 17, 2023

Last sale price $4,650,000 $1,023 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $26,323/month

7 Days on Market

Highlights

  • Wood Flooring
  • Private Yard
  • No HOA
  • High Ceiling
  • Terrace
  • 3-minute walk to William Sheridan Playground

About This Home

As of November 2023

Welcome to 131 South 1st St in vibrant Williamsburg, where luxurious living and contemporary comfort converge in this extraordinary two-family townhouse. This magnificent property is a rare find, boasting five levels of spacious living, multiple outdoor spaces, and a large rooftop terrace. Meticulously upgraded with no expense spared, this residence stands as a true testament to unrivaled craftsmanship and attention to detail. Choose between using this home as a single-family residence with the interior foyer door open, or closing the door and earning substantial rental income.

The parlor floor 2-bedroom residence welcomes you with a large open-concept living area, a separate laundry room and a sprawling multi-level cellar. Imagine the possibilities of this versatile space, featuring a large windowed room and an even larger carpeted area a few steps down, perfect for creating a family room, recreational haven, private theater, or your very own fitness sanctuary.

Above is a 3-bedroom, 3.5 bath triplex across three magnificent levels. The main floor unveils an inviting living area, an elegant dining space, and a fully equipped open chef's kitchen. Bathed in natural light, this harmonious space exudes warmth and creates an ideal setting for entertaining. Step out onto the recently added, spacious deck off the kitchen, expanding your culinary possibilities with a BBQ grill and providing a picturesque backdrop for gatherings.

Discover tranquility on the third floor, where a skylit study/play area awaits, complemented by 2 ample bedrooms, 2 full baths (including one en-suite), and a convenient laundry room with side by side washer/dryer. Embrace the blissful views of the neighborhood from a balcony in one of the bedrooms, a serene haven for enjoying your morning coffee or unwinding after a long day.

The fourth floor unveils the ultimate retreat, housing the luxurious primary bedroom, complete with soaring ceilings, a five-fixture en-suite bathroom, a private study, large walk-in closet and an expansive rooftop terrace. An additional balcony off the primary bedroom provides panoramic vistas, creating an oasis of serenity amidst the bustling city.

No detail has been overlooked in this technologically advanced home. Equipped with cutting-edge smart home systems including Nest thermostats, smoke detectors, Lutron lighting, and a WiFi-enabled sprinkler system, your comfort and convenience are seamlessly integrated. The property also boasts an ADT security system and indoor/outdoor cameras, ensuring your peace of mind. Every closet has been customized by California Closets, maximizing storage space, and Shadestore blinds and shades adorn each room. The meticulously upgraded backyard features a multi-story steel deck, a custom shed, and a newly seeded lawn, providing an idyllic outdoor sanctuary. The exterior has been meticulously updated, with re-tiled balconies, gutters added for improved drainage, and upgraded siding. Additionally, a new water heater and sump pump have been installed in the cellar, enhancing the functionality of the home. Both kitchens have been equipped with InSinkErator garbage disposals, instant hot water and filtered cold water upgrades. The private rooftop terrace, adorned with high-end Ipe wood, an irrigation system, and privacy trees, invites you to revel in breathtaking views while indulging in relaxation and entertainment.

Located on a tranquil block, 131 South 1st Street offers the perfect balance of seclusion and accessibility. Explore the vibrant Bedford Avenue, just a short walk away, boasting a plethora of exquisite dining options, trendy boutiques, and exhilarating entertainment venues. Transportation is a breeze with easy access to the L and J/M/Z trains and the nearby Williamsburg Bridge. Embrace the convenience of a centrally located, coveted townhome, surrounded by parks, bustling outdoor spaces, and an abundance of cultural and recreational opportunities.

Seize the opportunity to make 131 Sou

Last Agent to Sell the Property

Collin Bond Esq.

Compass License #10301211462 Listed on: 05/17/2023

Compass

Co-Listed By

Boris Sharapan Fabrikant

Compass License #10301208445

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $20,280

Year Built

  • Built in 2017

Lot Details

  • Private Yard

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 4,545 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • High Ceiling
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio
  • Terrace

Utilities

  • Central Air
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 39 / 02392

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Williamsburg Subdivision

Amenities

  • Laundry Facilities

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$20,280

Year Built

Built in 2017

Lot Details

1,742 Sq Ft Lot

Listing Details

  • Property SubType: Townhouse
  • Property Type: Residential
  • Neighborhood: Williamsburg
  • Entry Level: 1
  • Structure Type: Townhouse
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 4

Interior Features

  • Interior Features: Built-in Features, Eat-in Kitchen, High Ceilings, Walk-In Closet(s)
  • Appliances: Cooktop, Dryer, Dishwasher, Stainless Steel Appliance(s), Washer
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 4545.0
  • Living Area Units: Square Feet
  • Basement: Yes
  • Basement: Full

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Bathrooms Integer: 5
  • Bedrooms: 5

Exterior Features

  • Exterior Features: Balcony, Private Yard
  • Patio/Porch Features: Patio, Terrace, Balcony

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: Common On Floor, Common Area, In Unit
  • Security: Security System
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: None
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 0.000000x0.000000

Building Info

  • New Construction: No
  • Units: 2
  • Total Stories: 4
  • Year Built: 2017

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 02392
  • Tax Lot: 39
  • Tax Annual: 20280.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2023
Closed on
Nov 17, 2023
Sold by
Bk131 Llc
Bought by
Lkd Ltd
Seller's Agent
Collin Bond Esq.
Compass
List Price
$4,999,000
Sold Price
$4,650,000
Premium/Discount to List
-$349,000
-6.98%
Views
12
Current Estimated Value
$4,770,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,349
Avg. Annual Appreciation
1.14%

Purchase Details

Listed on
Sep 28, 2017
Closed on
Jun 26, 2018
Sold by
S1st Llc
Bought by
Bk131 Llc
Seller's Agent
Eric Sidman
Compass

Purchase Details

Closed on
Dec 6, 2017
Sold by
South 1St Street Townhouses Llc
Bought by
S1st Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lkd Ltd $4,650,000 --
Bk131 Llc $3,779,173 --
S1st Llc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/11/2024 04/11/24 Off Market $4,650,000 -- --
04/09/2024 04/09/24 Off Market $4,650,000 -- --
01/31/2024 01/31/24 Off Market $4,650,000 -- --
11/17/2023 11/17/23 Sold $4,650,000 -7.0% $1,023 / Sq Ft
11/03/2023 11/03/23 Pending -- -- --
11/01/2023 11/01/23 For Sale $4,999,000 0.0% $1,100 / Sq Ft
10/26/2023 10/26/23 For Sale $4,999,000 -- $1,100 / Sq Ft
06/27/2018 06/27/18 Sold -- -- -- View Prior Sale
06/07/2018 06/07/18 Pending -- -- --
09/28/2017 09/28/17 For Sale -- -- --
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 $21,268 $219,480 $51,300 $168,180
2024 $21,268 $209,820 $51,300 $158,520
2023 $20,288 $185,460 $51,300 $134,160
2022 $18,814 $171,000 $51,300 $119,700
2021 $19,833 $185,760 $51,300 $134,460
2020 $19,948 $164,820 $51,300 $113,520
2019 $14,101 $131,040 $51,300 $79,740
2018 $17,597 $84,118 $34,313 $49,805
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10948450

Real Estate Board of New York (REBNY)

APN: 02392-0039

Your Personal Tour Guide

Ask me questions while you tour the home.