NOT LISTED FOR SALE

Estimated Value: $1,058,000 - $1,518,000

1 Bed
2 Baths
1,032 Sq Ft
$832/mo HOA Fee

Last Sold December 10, 2021

Last sale price $960,000 $930 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $8,232/month

60 Days on Market

About This Home

As of December 2021

Immediate Closings! The Red Hook Lofts at 160 Imlay Street is an extraordinary residential conversion of the New York Dock Building that combines modern design intelligence with a historic sense of place, energized by a vibrant industrial past.

Enveloped in light, Residence 3D1 is a 1032 sq ft one-bedroom and two-bathroom home with eastern exposures, offering an ultra-spacious, versatile layout and postcard-perfect views of downtown and brownstone Brooklyn. The Red Hook Lofts is a collection of 70 exquisite studio to four-bedroom residences and customizable white box dream homes on the Red Hook waterfront in Brooklyn, offering incredible value for the space and the quality. Extensive amenities include a 24-hour attended lobby with lounge, on-site superintendent, a state-of-the-art fitness center, wellness suites equipped with private showers and saunas. Multi-floored bicycle storage ensures quick and easy storage of your bike. Outdoor parking and private storage available for additional fees. Estimated taxes as per the most updated Schedule A are $665.14 per month. Actual 2021-2022 NY Property Tax Bill taxes this year are $211.30 per month.

The images shown are of our model unit intended as a general reference, for illustration purpose only, and may not be an exact representation. Features, materials, finishes, and layout of subject unit may vary and be different than shown.

These exceptional loft homes welcome you into their light-filled, harmonious spaces with their grand proportions, supersized layouts, soaring 12-to-16-foot ceilings, double-glazed steel windows, phenomenal outdoor spaces and iconic VIEWS. Entertain in the open chefs kitchen custom designed by Bulthaup, with a striking book-matched Carrara marble island with waterfall detail, countertop and backsplash, and custom white matte lacquer cabinetry by Molteni&C Dada. A full suite of Miele appliances, Blanco sink & faucet, and high-efficiency LED recessed lighting blend form and function for a sophisticated finish. The oversized, spa-like bathrooms are beautifully appointed with Italian porcelain tile walls, Antonio Lupi sinks and vanities with backlit mirrors, and Duravit tubs, rain showers, and wall-mounted toilets.By retaining the buildings original concrete structural expression and exposed ceilings and columns, these contemporary lofts are incredibly open and airy. Enhanced with modern finishes and outfitted with new full height, double-glazed steel windows, the homes also feature king-sized bedrooms, flexible work-from-home nooks and home offices and dens, easily convertible layouts, an unprecedented abundance of closet and storage space, wide plank European White Oak wood flooring, custom oversized European doors, and central heating & air-cooling systems. A utility closet with full size vented washer/dryer completes each brilliantly designed residence.

Ideally situated in one of Brooklyns most charming waterfront neighborhoods, The Red Hook Lofts delivers top marks on location. Widely known as a Bohemian Mecca for artists, Red Hook provides a friendly communal atmosphere, surrounded by creativity, positive vibes and the energy of a culturally diverse community offering superb dining, craft cocktail joints, homemade marketplaces, cutting edge art galleries, music venues, and a wide range of eclectic destination hangouts. Local favorites include Steves Authentic Key Lime Pie, Defontes, Botanica, Sunnys, Red Hook Lobster Pound, Hometown BBQ, Red Hook Tavern, Brooklyn Crab, Steves Authentic Key Lime Pie, Cacao Preto, Fort Defiance, and The Good Fork. For local activities, head outdoors and check out nearby Pioneer Works, Red Hook Winery, Chelsea Garden Center, Red Hook Park, Waterfront Museum and Coffey Park.

This is not an Offering. The Complete Offering Terms are in an Offering Plan available from the Sponsor. New York State Department of Law File No. CD13-0114. Sponsor: Red Hook 160 LLC c/o Funaro & Co., P.C., 350 5th Avenue, 41st Floor, new York, NY 10118. The unit layouts, square footage, and dimensions are approximate. Plans, specifications, and materials may vary due to construction, field conditions, requirements, and availabilities. Sponsor reserves the right to make changes in accordance with the offering plan. Units will not be offered furnished. Furniture layouts shown are for concept only. No representation or warranty is made than a unit owner will be able to implement the furniture layout shown. Prospective purchasers are advised to review the complete terms of the offering plan for further detail as to the type, quality, and quantity of materials, appliances, equipment, and fixtures to be included in the units, amenity areas and common area of the condominium. Equal Housing Opportunity.

Last Agent to Sell the Property

Allison Dubuisson

Douglas Elliman Real Estate License #10301217375 Listed on: 08/26/2021

Douglas Elliman Real Estate

Co-Listed By

Fredrik Eklund

Douglas Elliman Real Estate License #10301206888

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,980

Year Built

  • Built in 1910

HOA Fees

  • $832 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 1,032 Sq Ft Home
  • Pre War Building
  • Entry on the 3rd floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Community Details

  • 70 Units
  • 160 Imlay Condos
  • Redhook Subdivision
  • 6-Story Property

Listing and Financial Details

  • Tax Block 00515

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,980

Year Built

Built in 1910

Lot Details

0

HOA Fees

$832 per month

Listing Details

  • Cross Street: COMMERCE STREET and VERONA STREET
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Redhook
  • Architectural Style: Prewar
  • Entry Level: 3
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Living Area: 1032.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 1

Garage/Parking

  • Garage: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 832.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Building Name: 160 IMLAY
  • Units: 70
  • Total Stories: 6
  • Year Built: 1910

Tax Info

  • Tax Block: 00515
  • Tax Annual: 7980.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2021
Closed on
Dec 9, 2021
Sold by
Red Hook 160 Llc
Bought by
Capel Kenneth Paul and Pluchino Carrie Georgia
Seller's Agent
Allison Dubuisson
Douglas Elliman Real Estate
List Price
$975,000
Sold Price
$960,000
Premium/Discount to List
-$15,000
-1.54%
Current Estimated Value
$1,206,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,817
Avg. Annual Appreciation
6.29%
Original Mortgage
$854,000
Outstanding Balance
$780,708
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$450,365
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
Capel Kenneth Paul $960,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Capel Kenneth Paul $854,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2023 08/06/23 Off Market $960,000 -- --
12/10/2021 12/10/21 Sold $960,000 -1.5% $930 / Sq Ft
11/10/2021 11/10/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $975,000 -- $945 / 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 $13,146 $154,618 $19,567 $135,051
2024 $13,146 $139,649 $19,567 $120,082
2023 $9,192 $125,772 $19,567 $106,205
2022 $9,700 $124,408 $19,567 $104,841
2021 $2,536 $20,670 $6,472 $14,198
2020 $2,751 $22,894 $6,472 $16,422
2019 $2,723 $21,817 $6,472 $15,345
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10855011

Real Estate Board of New York (REBNY)

APN: 00515-1028