NOT LISTED FOR SALE

Estimated Value: $1,621,000 - $2,122,000

2 Beds
2 Baths
1,218 Sq Ft
1892 Built

Last Sold October 16, 2014

Current estimated payment $11,346/month

Highlights

  • Rooftop Deck
  • 4-minute walk to Borough Hall-Court Street
  • Pre War Building
  • P.S. 8 Robert Fulton Rated A
  • City View
  • 2-minute walk to Columbus Park

About This Home

As of April 2019

Welcome to Franklin Trust Tower, a boutique Brooklyn Height's landmark since 1892. Elegantly renovated into luxury loft-like homes, this corner two bedroom features a gourmet kitchen with Viking appliances including cook-top stove and chef's ventilation hood, LG refrigerator, sub-zero wine cooler, and custom Carerra marble counters. The open kitchen layout is also decorated with imported Italian cabinetry. Bathrooms are similarly styled with delight stone floors, ceramic wall tiles, marble counters, and Italian cabinets. Also includes a heated towel warmer and steam LG washer/dryer in the unit. Huge windows and high ceilings throughout offer a flood of natural sunlight. You can also enjoy a pleasant afternoon on the private balcony located off of the living area. The building features a full lobby with part-time doorman, virtual remote doorman system, gym, and roof deck. Located at the corner of Montague and Clinton, this boutique residence is in prime Brooklyn Heights locale with the subway stop right outside the door. Restaurants and shopping are plentiful in the area.

Co-Listed By

Andrew Steiker-Epstein

CHARNEY REAL ESTATE LLC License #10401247077

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,182

Year Built

  • Built in 1892

Home Design

  • Pre War Building
  • Entry on the 5th floor

Interior Spaces

  • 1,218 Sq Ft Home
  • New Windows
  • City Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Property Available on 5/15/19
  • Legal Lot and Block 43 / 249

Community Details

Overview

  • Franklin Trust Company Condos
  • Brooklyn Heights Subdivision
  • 12-Story Property

Amenities

  • Rooftop Deck

Condo Details

Home Type

Condominium

Est. Annual Taxes

$19,182

Year Built

Built in 1892

Lot Details

0

Rental Info

  • Available Date: 2019-05-15

Listing Details

  • Cross Street: Clinton Street/Henry Street
  • Exposures: East,South,West
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Brooklyn Heights
  • Architectural Style: Prewar
  • Entry Level: 5
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 1218.0
  • Living Area Units: Square Feet
  • Accessibility Features: Wheelchair Access
  • Window Features: New Windows

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Balcony, Building Roof Deck
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Electric
  • Heating: Yes

Condo/Co-op/Association

  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Building Name: Franklin Trust Company
  • Total Stories: 12
  • Year Built: 1892

Tax Info

  • Tax Block: 249
  • Tax Lot: 43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2016
Sold by
175 Ludlow St Realty Associates Int
Bought by
Montague Realty Llc
Current Estimated Value
$1,849,328

Purchase Details

Listed on
Mar 1, 2013
Closed on
Feb 7, 2013
Sold by
Montague Realty Llc
Bought by
175 Ludlow St Realty Associnternation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,087,500
Interest Rate
3.44%
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
Montague Realty Llc $1,114,858 --
175 Ludlow St Realty Associnternation $1,476,462 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 175 Ludlow St Realty Associnternation $1,087,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/09/2019 04/09/19 Rented -- -- --
03/10/2019 03/10/19 Under Contract -- -- --
10/16/2014 10/16/14 Sold -- -- -- View Prior Sale
09/16/2014 09/16/14 Pending -- -- --
01/31/2014 01/31/14 For Rent $6,400 -99.6% --
03/01/2013 03/01/13 Rented -- -- --
05/10/2012 05/10/12 For Sale $1,499,000 -- $1,231 / 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 $19,182 $203,143 $31,230 $171,913
2024 $19,182 $195,674 $31,230 $164,444
2023 $15,167 $189,185 $31,230 $157,955
2022 $12,638 $176,155 $31,230 $144,925
2021 $10,678 $113,850 $31,230 $82,620
2020 $5,283 $126,089 $31,230 $94,859
2019 $10,407 $120,159 $31,230 $88,929
2018 $11,723 $114,443 $31,230 $83,213
2017 $11,645 $113,347 $31,230 $82,117
2016 $11,352 $99,315 $31,230 $68,085
2015 $9,756 $97,253 $31,230 $66,023
2014 $9,756 $92,826 $31,230 $61,596
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10203969

Real Estate Board of New York (REBNY)

APN: 00249-1116