NOT LISTED FOR SALE

Estimated Value: $765,327 - $1,143,000

1 Bed
1 Bath
589 Sq Ft
$390/mo HOA Fee

Last Sold May 27, 2020

Last sale price $710,000 $1,205 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $6,070/month

132 Days on Market

Highlights

  • New Construction
  • 5-minute walk to 4 Avenue-9 Street (D,M,N,R Line)
  • South Facing Home
  • P.S. 124 Silas B Dutcher Rated A-
  • Balcony

About This Home

As of May 2020

Welcome to One Sixty One Twelfth Street - A newly constructed boutique condominium comprised of eight luxurious residences with architecture by E.G Development. Inspired equally by the local artistic community and the historic industrial aesthetic of the neighborhood, the faade has been thoughtfully designed with striking black matte aluminum panels fabricated in Italy. Oversized windows have been placed and oriented with care to capture the best views and light throughout the day while preserving privacy.

This south-facing one bedroom, one bath home features European white oak flooring throughout, private outdoor space and a stunning custom kitchen showcasing Bardiglio marble countertop and matching backsplash paired beautifully with super-matte white lacquer cabinetry. The integrated Bosch refrigerator blends seamlessly into the background, while the stained oak wood veneer island with oversized breakfast bar serves as an ideal gathering spot that can comfortable accommodate five stools. Completed with a stainless steel Bosch appliance suite including cooktop, oven, paneled dishwasher, and microwave drawer as well as a Bosch washer/dryer.

The exquisite bathrooms feature Driftwood Grey marble floors paired with Bianco Dolomite marble walls and a matt white lacquer vanity with stained oak veneer. Additional features include an Undermount Duravit sink with Watermark faucet in pewter finish, a spacious shower with Thermostatic fixtures and Duravit bathtub and toilet.

The elegantly designed lobby features a virtually attended intercom system with mobile access and a spacious seated lounge area with a kitchenette. The common roof deck offers sweeping views and a BBQ space creating the perfect place for entertaining. Additional amenities include a package room and fitness room. With Gowanus having the highest concentration of working artists and galleries in New York City, a thriving restaurant scene, amazing transportation and trend-setting live music and arts venues - One Sixty One Twelfth Street is the perfect place to call home.

The complete offering terms are in an offering plan available from the Sponsor. File No. CD18-0416

Sponsor: 165 12 Street Owner, LLC 110 East 40th Street, Suite 803 New York, New York 10016. Equal Housing Opportunity.

Last Agent to Sell the Property

Javier Lattanzio

Time Equities Inc License #10311208751 Listed on: 12/16/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,900

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 3,006

HOA Fees

  • $390 Monthly HOA Fees

Home Design

  • 589 Sq Ft Home
  • Entry on the 4th floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Washer Dryer Allowed
  • Balcony
  • South Facing Home

Community Details

  • 8 Units
  • One Sixty One Condos
  • Gowanus Subdivision
  • 6-Story Property

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,900

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$390 per month

Listing Details

  • Cross Street: 3rd Avenue
  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Gowanus
  • Entry Level: 4
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 589.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 390.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Building Name: ONE SIXTY ONE
  • Units: 8
  • Total Stories: 6
  • Year Built: 2019

Tax Info

  • Tax Block: NA
  • Tax Annual: 6900.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2019
Closed on
May 27, 2020
Sold by
165 12 Street Owner Llc
Bought by
Stahmer Sage
Seller's Agent
Javier Lattanzio
Time Equities Inc
List Price
$735,000
Sold Price
$710,000
Premium/Discount to List
-$25,000
-3.4%
Current Estimated Value
$912,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,582
Avg. Annual Appreciation
4.74%
Original Mortgage
$568,000
Outstanding Balance
$503,489
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$409,093
Source: Public Records

Range of Values:

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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
Stahmer Sage $710,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stahmer Sage $568,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2020 05/27/20 Sold $710,000 -3.4% $1,205 / Sq Ft
04/27/2020 04/27/20 Pending -- -- --
12/16/2019 12/16/19 For Sale $735,000 -- $1,248 / 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 $10,842 $133,735 $7,269 $126,466
2024 $10,842 $125,454 $7,269 $118,185
2023 $8,777 $104,545 $7,269 $97,276
2022 $8,754 $96,554 $7,269 $89,285
2021 $10,533 $96,565 $7,269 $89,296
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10597656

Real Estate Board of New York (REBNY)

APN: 01021-1405