NOT LISTED FOR SALE
9 Beds
9 Baths
1,200 Sq Ft
2018 Built

Sale Details

Date Sold: November 19, 2021

Last sale price $6,175,000 $5,146 Per Sq Ft

41 Days on Market

Highlights

  • Rooftop Deck
  • 2-minute walk to Graham Avenue
  • Terrace
  • P.S. 132 The Conselyea School Rated A-
  • City View
  • Balcony

About This Home

As of November 2021

7 Unit Fully Leased New Development 175 Skillman is your opportunity to buy an exceptionally built brand-new investment property with immense upside potential. Perfect building for condo conversion: Unique loft-style condo-quality units make 175 Skillman effortlessly stand out from every other new development and highly desirable to buyers & renters alike. Every detail has been carefully designed and executed with maximum returns in mind using soaring ceilings and private outdoor spaces for each unit to max out income potential while staying within the buildable sqft. Every unit is unique making 175 Skillman ideal for an array of end users with different wants and needs in their new homes. -Two penthouse duplexes with double height ceilings each boast their own massive private roof decks with unobstructed NYC views -Two lower units also get their own private roof decks with the same unobstructed NYC views -Two ground floor duplexes have access to sizable private yards -Some lower units also boast balconies while another has nearly double height ceilings -Every unit is flooded with natural light and boasts private outdoor space, washer/dryer in unit, dishwasher, central air, red oak hardwood floors, White Carrara quartz counter tops & imported Italian solid wood cabinetry -Basement area features additional storage spaces for residents Impeccably built & fully leased building is being offered close to cost to buy/develop while being completely turnkey & giving immediate returns with an NOI of +$248k. Contact listing agent for more details and offering memorandum.

Last Agent to Sell the Property

Paula Manna

Compass License #10301218393 Listed on: 08/20/2020

Compass
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018

Interior Spaces

  • 1,200 Sq Ft Home
  • City Views

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Full Bathrooms

Outdoor Features

  • Balcony
  • Terrace

Lot Details

  • Lot Dimensions are 25.0 x 100.0

Listing and Financial Details

  • Legal Lot and Block 34 / 2750

Community Details

Overview

  • Williamsburg Subdivision
  • 5-Story Property

Amenities

  • Rooftop Deck
  • Building Terrace

Home Details

Home Type

Single Family

Year Built

Built in 2018

Listing Details

  • Cross Street: Graham Avenue/Humboldt Street
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Williamsburg
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 5

Interior Features

  • Living Area: 1200.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 9
  • Bathrooms Integer: 9
  • Bedrooms: 9

Exterior Features

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

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 25.0 x 100.0

Building Info

  • Total Stories: 5
  • Year Built: 2018

Tax Info

  • Tax Block: 2750
  • Tax Lot: 34

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Nov 19, 2021
Sold by
Bought by
Seller's Agent
Paula Manna
Compass
List Price
$6,175,000
Sold Price
$6,175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,200,000
Outstanding Balance
$2,883,328
Interest Rate
3.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 2014
Sold by
Bought by

Purchase Details

Closed on
Mar 1, 2012
Sold by
Bought by

Purchase Details

Closed on
Feb 29, 2012
Sold by
Bought by

Purchase Details

Closed on
Oct 9, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$6,175,000 --
-- --
-- --
$200,000 --
$210,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $3,200,000
Previous Owner $2,736,000
Previous Owner $350,000
Previous Owner $400,000
Closed $350,000
Closed $50,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/19/2021 11/19/21 Sold $6,175,000 0.0% $5,146 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
06/29/2021 06/29/21 For Sale $6,175,000 -- $5,146 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $72,017 $827,100 $110,250 $716,850
2025 $66,693 $689,400 $110,250 $579,150
2024 $66,693 $691,200 $110,250 $580,950
2023 $65,439 $641,700 $110,250 $531,450
2022 $63,246 $534,600 $110,250 $424,350
2021 $57,801 $555,300 $110,250 $445,050
2020 $27,639 $502,200 $110,250 $391,950
2019 $51,754 $502,200 $110,250 $391,950
2018 $3,474 $17,040 $17,040 $0
2017 $4,342 $21,300 $21,300 $0
2016 $4,186 $20,940 $20,940 $0
2015 $2,196 $19,878 $6,527 $13,351
2014 $2,196 $18,753 $7,390 $11,363
Source: Public Records

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10729118

Real Estate Board of New York (REBNY)
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