NOT LISTED FOR SALE

Estimated Value: $2,146,000 - $2,951,000

1 Bed
1 Bath
3,169 Sq Ft
$2,555/mo HOA Fee

Last Sold April 28, 2023

Last sale price $2,975,000 $939 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $19,551/month

126 Days on Market

Highlights

  • Built in 1910 | Newly Remodeled
  • Pre War Building
  • Garage

About This Home

As of April 2023

Residence 5C1: The only fully built-out 3 BED with 3.5 BATHS and HOME OFFICE at 3,169 SQFT on the 5thfloor. Soaring 12'+ ceilings, floor to ceiling windows, stunning natural light, designer kitchen, and direct views of the Statue of Liberty, New York City and Brooklyn.

Waterfront living at the historic New York Dock Building in Red Hook. Built in 1910, this was the first reinforced steel and concrete building in the United States. The classic loft spaces endow these exceptional units with grand proportions, ideal for living and entertaining.

Contemporary German kitchens by Bulthaup are equipped with high-end appliances and sinks & faucets by Blanco. Bathrooms feature stone walls, Antonio Lupi sinks and vanities, and back lit mirrors. Other features include exposed concrete ceilings, European White Oak wood flooring, custom oversized doors, and central heating & cooling systems. Apartment 5C1 features include a large laundry room, home office area, and abundant storage throughout.

These contemporary lofts include new full height steel windows and modern finishes, while retaining the building's original concrete structural expression with exposed ceilings and columns.

160 Imlay is a full-service building featuring a 24-hour doorman, a fitness center, building super-intendant, and a roof deck with lounge area.

Last Agent to Sell the Property

Patty LaRocco

Compass License #30LA0998707 Listed on: 11/02/2022

Compass

Co-Listed By

Jared LaFrenais

Compass License #10301222013

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $29,784

Year Built

  • Built in 1910 | Newly Remodeled

Lot Details

  • 1.39

HOA Fees

  • $2,555 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 3,169 Sq Ft Home
  • Pre War Building
  • Entry on the 5th floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

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

$29,784

Year Built

Built in 1910 | Newly Remodeled

Lot Details

0

HOA Fees

$2,555 per month

Listing Details

  • Cross Street: COMMERCE STREET and VERONA STREET
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Redhook
  • Architectural Style: Prewar
  • Entry Level: 5
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Living Area: 3169.0
  • Living Area Units: Square Feet

Beds/Baths

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

Garage/Parking

  • Garage: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2555.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Building Name: 160 IMLAY
  • Units: 70
  • Total Stories: 6
  • Year Built: 1910

Tax Info

  • Tax Block: 00515
  • Tax Annual: 29784.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2022
Closed on
Apr 28, 2023
Sold by
Rhr 160 Llc
Bought by
Basham Kelley and Cruickshank Timothy
Seller's Agent
Patty LaRocco
Compass
List Price
$3,050,000
Sold Price
$2,975,000
Premium/Discount to List
-$75,000
-2.46%
Views
29
Current Estimated Value
$2,625,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$349,823
Avg. Annual Appreciation
-4.45%
Original Mortgage
$2,380,000
Outstanding Balance
$2,305,190
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$319,987

Purchase Details

Closed on
Sep 10, 2020
Sold by
Red Hook 160 Llc
Bought by
Rhr 160 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,170,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
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
Basham Kelley $2,975,000 --
Rhr 160 Llc -- --
Rhr 160 Llc $2,650,076 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Basham Kelley $2,380,000
Previous Owner Rhr 160 Llc $1,170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2023 04/28/23 Sold $2,975,000 0.0% $939 / Sq Ft
03/09/2023 03/09/23 Pending -- -- --
01/04/2023 01/04/23 Price Changed $2,975,000 -2.5% $939 / Sq Ft
12/14/2022 12/14/22 Price Changed $3,050,000 0.0% $962 / Sq Ft
11/02/2022 11/02/22 For Sale $3,050,000 -- $962 / 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 $40,370 $474,798 $60,087 $414,711
2024 $40,370 $428,832 $60,087 $368,745
2023 $34,213 $386,218 $60,087 $326,131
2022 $29,787 $382,030 $60,087 $321,943
2021 $7,786 $63,473 $19,874 $43,599
2020 $8,449 $70,301 $19,874 $50,427
2019 $8,363 $66,994 $19,874 $47,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10855367

Real Estate Board of New York (REBNY)

APN: 00515-1063