NOT LISTED FOR SALE

Estimated Value: $7,679,841

12 Beds
6 Baths
11,899 Sq Ft
$645/Sq Ft Est. Value

Sale Details

Date Sold: May 23, 2019

Last sale price $5,995,000 $504 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $48,678 / mo

144 Days on Market

Highlights

  • Pre War Building
  • Intercom
  • 3-minute walk to William Sheridan Playground

About This Home

As of May 2019

Historic Loft Building in the heart of Williamsburg. This beautiful classic brick, post, and beam loft building is the perfect canvas for any user or developer. Zoning allows for myriad uses as of right including commercial, office and residential. Priced to sell, this building also has a windowed basement which is partially above grade and has 10'+ ceilings- perfect for accessory retail or residential.


The ground floor and top (6th) floor are currently occupied by IMD tenants (paying $3,600 and $2,700 respectively). Elevator shaft in place. Schematic plans in place for two 3 bedroom apartment per floor, although there are many potential layouts, with approximately 1700 sqft open floor plates.


Immediate neighbors include Nitehawk Cinema, Whole Foods, the Apple Store, Levi's, G-Star, Blue Bottle, Tribeca Pediatrics, Shake Shack, Soul Cycle, Modo Yoga, Triumph Motorcycles, Ralph Lauren.... the list goes on and on! Just a few short blocks to the East River Ferry and Bedford L. By the time your construction is complete the newly revamped and upgraded L train will be back in business.

Last Agent to Sell the Property

Lior Barak

Compass License #30BA1018530 Listed on: 10/17/2018

Compass

Co-Listed By

Christine Blackburn

Compass License #30BL1044983

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 50.0 x 39.25

Home Design

  • 11,899 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Community Details

  • Williamsburg Subdivision
  • 6-Story Property

Listing and Financial Details

  • Legal Lot and Block 19 / 2364

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Wythe Avenue/Berry Street
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Williamsburg
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 6

Interior Features

  • Equipment (Other): Intercom
  • Living Area: 11899.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 6
  • Bathrooms Integer: 6
  • Bedrooms: 12

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 50.0 x 39.25

Building Info

  • Total Stories: 6
  • Year Built: 1910

Tax Info

  • Tax Block: 2364
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2018
Closed on
May 22, 2019
Sold by
Met Berry Llc
Bought by
140 Metropolitan Avenue Owner Llc
Seller's Agent
Lior Barak
Compass
List Price
$5,995,000
Sold Price
$5,995,000
Current Estimated Value
$7,679,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,684,841
Avg. Annual Appreciation
3.65%
Original Mortgage
$1,444,095
Outstanding Balance
$1,264,424
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$6,415,417

Purchase Details

Closed on
Oct 27, 2014
Sold by
140 Metropolitan Realty Corp
Bought by
Met Berry Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 11, 2011
Sold by
140 Metropolitan Realty Corp
Bought by
140 Metropolitan Realty Corp

Purchase Details

Closed on
Jun 11, 2010
Sold by
140 Metropolitan Realty Corp
Bought by
Baker Ralph

Purchase Details

Closed on
Nov 6, 2000
Sold by
Lawrence Novelty Co Inc
Bought by
140 Metropolitan Realty Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
140 Metropolitan Avenue Owner Llc $5,350,000 --
Met Berry Llc $1,700,000 --
140 Metropolitan Realty Corp -- --
Baker Ralph -- --
140 Metropolitan Realty Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 140 Metropolitan Avenue Owner Llc $1,444,095
Previous Owner Met Berry Llc $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2019 05/23/19 Sold $5,995,000 0.0% $504 / Sq Ft
03/11/2019 03/11/19 Pending -- -- --
10/17/2018 10/17/18 For Sale $5,995,000 -- $504 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10526371

Real Estate Board of New York (REBNY)

APN: 02364-0019

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