NOT LISTED FOR SALE

Estimated Value: $944,000 - $1,101,000

1 Bed
1 Bath
635 Sq Ft
$628/mo HOA Fee

Last Sold September 12, 2016

Current estimated payment $6,545/month

38 Days on Market

About This Home

As of September 2016

This stunning one-bedroom, one-bathroom home situated in the heart of Williamsburg has a tenant in place until March 31st, 2017 paying $3,300 making this an immediate 4% cap rate with zero vacancy.

The apartment offers southern exposures with floor to ceiling windows that cover the open concept living, kitchen, and dining areas with a great amount of natural light. The open kitchen features Liebherr and Bosch stainless steel appliances, customized European Lineadecor cabinetry with white back painted glass cabinets, recessed lighting, and white quartz countertops. Swing around the breakfast bar into the generously sized living room with space to set up a dining area perfect for entertaining guests. The living room and bedrooms are lined with beautiful Brazilian walnut floors while the bathroom hosts white Carrera marble, deep soaking bath, and sleek, modern accessories. The apartment also features in unit Asko washer/dryer, ample closet and storage, and audio/video security intercom. With tax abatement in place until 2027, this property would make a wonderful home, pied-a-terre, or investment.

The Residencies is an upscale, luxury condominium in the north side of prime Williamsburg, overlooking McCarren Park, offers an array of world class luxury amenities. While boasting an exclusive full service outdoor saltwater pool with private cabanas, state-of-the-art gym with yoga annex, a billiards lounge, conference center, elevator, virtual doorman, and an array of outdoor space the Residencies allows all the benefits of home ownership with top-of-the-line resort style living. Situated between Bedford and Berry, you are moments away from the Bedford L train and a short walk to McCarren park and the G train with easy access to Manhattan. Close proximity to some of the best restaurants, shopping, bars, and music venues the area has to offer including Smorgasburg, the Farmer's market, Brooklyn Bowl, and Brooklyn Winery to name a few.

Last Agent to Sell the Property

Warner Lewis

Brown Harris Stevens Residential Sales LLC License #30LE1035095 Listed on: 07/06/2016

Brown Harris Stevens Residential Sales LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $336

Year Built

  • Built in 2011

HOA Fees

  • $628 Monthly HOA Fees

Home Design

  • 635 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Community Details

  • 57 Units
  • The Residences At Condos
  • Brooklyn Subdivision
  • 7-Story Property

Listing and Financial Details

  • Tax Block 7502x

Property Details

Home Type

Condominium

Est. Annual Taxes

$336

Year Built

Built in 2011

Lot Details

0

HOA Fees

$628 per month

Listing Details

  • Cross Street: Bedford Avenue / Berry Street
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Brooklyn
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Living Area: 635.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

  • Bathrooms Integer: 1
  • Bedrooms: 1

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 628.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Building Name: THE RESIDENCES AT
  • Units: 57
  • Total Stories: 7
  • Year Built: 2011

Tax Info

  • Tax Block: 7502x
  • Tax Annual: 336.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2016
Closed on
Sep 9, 2016
Sold by
Lin Tawei J
Bought by
Han Juhee
Seller's Agent
Warner Lewis
Brown Harris Stevens Residential Sales LLC
List Price
$799,000
Current Estimated Value
$1,013,083

Purchase Details

Closed on
Apr 21, 2011
Sold by
Km Construction & Development Llc
Bought by
Lin Tawei J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,700
Interest Rate
4.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Han Juhee $815,000 --
Lin Tawei J $488,748 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lin Tawei J $388,000
Previous Owner Lin Tawei J $409,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2016 09/12/16 Sold -- -- --
08/13/2016 08/13/16 Pending -- -- --
07/06/2016 07/06/16 For Sale $799,000 -- $1,258 / 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 $3,848 $88,123 $4,352 $83,771
2024 $3,848 $84,877 $4,352 $80,525
2023 $1,906 $77,584 $4,352 $73,232
2022 $318 $72,871 $4,352 $68,519
2021 $314 $61,245 $4,352 $56,893
2020 $321 $68,662 $4,352 $64,310
2019 $326 $55,953 $4,352 $51,601
2018 $331 $54,000 $4,352 $49,648
2017 $331 $33,389 $4,353 $29,036
2016 $336 $33,111 $4,352 $28,759
2015 $262 $28,571 $4,353 $24,218
2014 $262 $26,186 $4,353 $21,833
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10472212

Real Estate Board of New York (REBNY)

APN: 02290-1116