NOT LISTED FOR SALE

Estimated Value: $855,000 - $924,077

1 Bed
1 Bath
662 Sq Ft
2,483 Sq Ft Lot

Sale Details

Date Sold: September 16, 2020

Last sale price $775,000 $1,171 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,809 / mo

385 Days on Market

Highlights

  • Built in 2019 | Newly Remodeled
  • Balcony
  • 2-minute walk to Trinity Park

About This Home

As of September 2020

Ready for Immediate Occupancy! Residence 4A offers a One bedroom (1BD), One bathroom (1BA) home with a balcony and designated storage unit. The bedroom, generous in size, can easily accommodate a king sized bed with furniture and has a double door closet. Equipped with washer/dryer hookup, state of the art German Kitchens with high-end appliances and soundproof windows. 171 Concord is a new development offering a boutique collection of 7 one-bedroom apartments finely finished to the highest standards. Tucked away on a lovely tree-lined street where vibrant DUMBO, Navy Yard, and Downtown Brooklyn converge. Each apartment has a designated storage room, in-unit washer/dryer hookup and balcony. Building amenities include bike storage and a resident reception area. These units provide a tremendous opportunity to get into a burgeoning neighborhood at an affordable price. These bespoke homes are enriched by beautiful features like 4-inch white oak hardwood floors and 8' solid wood doors. Oversized tilt-and-turn European windows invite plentiful natural light into the airy interiors, and are OITC 30 rated for optimal sound control. Gracious living/dining/entertaining spaces are complemented by sleek gourmet kitchens appointed with quality-crafted Leicht German cabinetry, quartz countertops, Grohe faucets and premium-grade appliances. Bosch gas cooktops, electric wall oven and dishwasher, along with Fisher & Paykel Active Smart French door refrigerators and XO slide-out hood complete the top-of-the-line chef's quarters. Bedrooms are comfortable, sun filled and generously sized with ample closet space. Elegant bathrooms styled with granite tiles boast luxurious heated floors, 66-inch MAXX soaking tubs for unwinding, Riobel shower systems, wall-hung vanities with Grohe faucet and Duravit wall-hung toilet. Other highlights include LED recessed lighting throughout, and an Aiphone video intercom system for receiving guests and deliveries. Live amidst historic architecture, community gathering spots, green spaces and local amenities. Citibike is conveniently located steps away from the building. With easy access to the F train at York Street (just one stop to Manhattan), the A/C at High Street & Jay Street Metrotech, B, Q, R, D & N trains at DeKalb Avenue and the BQE, you're all set to get to any destination!

Last Agent to Sell the Property

Jessica White

Corcoran Group License #10301218368 Listed on: 02/25/2020

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,236

Year Built

  • Built in 2019 | Newly Remodeled

Lot Details

  • 2,483

HOA Fees

  • $256 Monthly HOA Fees

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 662 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Community Details

  • Downtown Subdivision

Listing and Financial Details

  • Legal Lot and Block 24 / 108

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,236

Year Built

Built in 2019 | Newly Remodeled

Lot Details

2,483 Sq Ft Lot

HOA Fees

$256 per month

Listing Details

  • Cross Street: Bridge Street/Duffield Street
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Downtown
  • Entry Level: 4
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 662.0
  • 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: 256.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: Yes
  • Total Stories: 4
  • Year Built: 2019

Tax Info

  • Tax Block: 108
  • Tax Lot: 24
  • Tax Annual: 7236.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2020
Closed on
Sep 14, 2020
Sold by
171 Concord Llc
Bought by
Arafeh Rashad
Seller's Agent
Jessica White
Corcoran Group
List Price
$775,000
Sold Price
$775,000
Current Estimated Value
$887,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,019
Avg. Annual Appreciation
2.45%
Original Mortgage
$620,000
Outstanding Balance
$550,209
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$336,810
Source: Public Records
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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
Arafeh Rashad $775,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arafeh Rashad $620,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2020 09/16/20 Sold $775,000 0.0% $1,171 / Sq Ft
07/30/2020 07/30/20 Pending -- -- --
07/10/2019 07/10/19 For Sale $775,000 -- $1,171 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $9,311 $144,108 $17,031 $127,077
2024 $9,311 $120,071 $17,031 $103,040
2023 $9,136 $103,496 $17,031 $86,465
2022 $9,112 $86,237 $17,031 $69,206
2021 $9,136 $85,041 $17,031 $68,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10623661

Real Estate Board of New York (REBNY)

APN: 00108-1206

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