NOT LISTED FOR SALE

Estimated Value: $1,096,000 - $1,146,000

1 Bed
1 Bath
641 Sq Ft
$903/mo HOA Fee

Last Sold January 24, 2024

Last sale price $1,065,000 $1,661 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $7,997/month

26 Days on Market

Highlights

  • Garden
  • No Heating
  • High-Rise Condominium
  • Central Air

About This Home

As of January 2024

Sleek and stunning 641 sq ft, one bedroom one bathroom apartment at the brand new luxury building, 171 North 1st Street in prime Williamsburg! This impeccably-designed home in a boutique building is light, bright, and beautiful, featuring floor-to-ceiling windows, and refined modern finishes throughout. Gorgeous European white oak flooring and chic color tones further enrich the airy ambiance and add warmth and elegance.

The gracious living/dining room is adjoined by a high-end kitchen styled for the chef with quality cabinetry, Valor White quartz countertops and backsplash, and a suite of premium appliances by Bosch. Generous bedrooms are highlighted by the tranquil primary suite complete with an outfitted walk-in closet and spa-like bath with a soothing soaking tub. Upscale bathrooms are well-appointed with porcelain tile flooring and top-quality finishes.

Topping the allure of this special home is an LG washer and dryer for laundry ease, ample closet space for storage, a telephone intercom system, and hardwired “Brilliant: Single Switch” system enabling video and connectivity to the concierge and exterior entrance.

171 North 1st Street is a brand new collection of 57 unique homes spanning 7 stories, ideally located between Bedford and Driggs Avenues. The amenity-rich building offers something for everyone, including a fitness center with a yoga studio and mirror fitness screens, zen garden, residents’ lounge, children’s playroom, pet spa, garage with semi-automated parking, common laundry facility, plus bike storage, a package room with cold storage for grocery deliveries, and storage lockers. There’s also a serene rooftop with grills and NYC skyline/Brooklyn Bridge views, and private cabanas available for rent.

The address is exceptional, in the dynamic north side of Williamsburg, just one block from the Bedford Avenue shopping corridor offering Whole Foods, Equinox Fitness, Sweetgreen, Sephora, the Apple Store and other attractions. Also nearby are great restaurants, shops, parks, and other conveniences. Plus you’re close to the L train and ferry. Known for its contemporary art scene and vibrant nightlife, this sought-after neighborhood is only a half mile from the East River and a 10-minute subway ride to Manhattan!

The complete offering terms are in an offering plan available from Sponsor. File no. CD22-0139. All images are artists’ renderings. They are provided for illustration purposes only. Not all items depicted in artist renderings are included in Unit purchase. Prospective purchasers should not rely upon these depictions and 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 areas of the condominium.

Last Agent to Sell the Property

Marshal Li

Compass License #10301223049 Listed on: 07/22/2023

Compass

Co-Listed By

Maria Connolly

Compass License #10401370937

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,784

Year Built

  • Built in 2023

Lot Details

  • Garden

HOA Fees

  • $903 Monthly HOA Fees

Home Design

  • 641 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • No Heating

Community Details

  • 57 Units
  • High-Rise Condominium
  • Williamsburg Subdivision
  • 7-Story Property

Listing and Financial Details

  • Legal Lot and Block 1111 / 02366

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,784

Year Built

Built in 2023

Lot Details

0

HOA Fees

$903 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Williamsburg
  • Entry Level: 2
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Fireplace: No
  • Living Area: 641.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

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

Exterior Features

  • Exterior Features: Garden

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: See Remarks
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 903.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 0.000000x0.000000

Building Info

  • New Construction: No
  • Units: 57
  • Total Stories: 7
  • Year Built: 2023

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 02366
  • Tax Lot: 1111
  • Tax Annual: 8784.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2023
Closed on
Jan 24, 2024
Sold by
171 North First Street Llc
Bought by
Lee Brian Kyu Won and Lee Yujin
Seller's Agent
Marshal Li
Compass
List Price
$1,065,000
Sold Price
$1,065,000
Views
25
Current Estimated Value
$1,118,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,206
Avg. Annual Appreciation
4.35%
Original Mortgage
$710,000
Outstanding Balance
$698,836
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$440,305
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
Lee Brian Kyu Won $1,065,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Brian Kyu Won $710,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2024 01/24/24 Sold $1,065,000 0.0% $1,661 / Sq Ft
08/17/2023 08/17/23 Pending -- -- --
07/22/2023 07/22/23 For Sale $1,065,000 -- $1,661 / 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 $12,029 $102,377 $7,480 $94,897
2024 $12,029 $98,608 $7,480 $91,128
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10945667

Real Estate Board of New York (REBNY)

APN: 02366-1111