NOT LISTED FOR SALE

Estimated Value: $1,143,799

2 Beds
1 Bath
1,088 Sq Ft
1925 Built

Sale Details

Date Sold: February 4, 2021

Last sale price $1,050,000 $965 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $7,650 / mo

23 Days on Market

Highlights

  • Rooftop Deck
  • Entrance Foyer
  • Garage
  • Pre War Building
  • Central Air
  • Dining Area

About This Home

As of February 2021

Massive Corner Loft**Double Exposure**11-Foot Ceilings**Low Taxes & CC's** Residence 2A at The Toy Factory Lofts delivers the perfect melange of old-world charm and contemporary sensibility. Measuring almost 1,100 square feet with soaring 11-foot ceilings, this corner 2 bedroom home is blasted in natural light and situated over a tree-lined backdrop with double exposure to the East and North. An entertainers dream, this masterpiece features an open island kitchen with stainless steel appliances and a butcher block top, a separate home study, custom outfitted closets and storage throughout, a large dining area and a separate work space for creative inspiration and free thought. All within the luminous ambiance created by walls of over-sized windows and custom treatments. City Quiet insulation panels add an extra layer of privacy and render a "pin-drop-quiet" living experience. Exposed ducts and columns pay homage to the buildings authentic industrial origins. Additional perks include a washer/dryer in unit, central climate control and extremely low carrying costs. Originally constructed in 1926, The Toy Factory Lofts is boutique tower steeped in history as it was once home to Tudor Metal Products, where the popular Depression-era toy Budget Bank was invented by Elmer Sas in 1929. Two decades later, this is where Elmers son Norman created Electric Football, one of the countrys most beloved post World War II games. In 2004, the building was converted to 56 condominium residences spanning 8 stories. Amenities include a virtual doorman, private storage, private on-site parking, live-in Resident Manager, fitness center, brand new rooftop deck, package room and bicycle storage. In addition to the garage on premises, there is free street parking and an additional parking garage directly across the street. Straddling the border of Downtown Brooklyn and Fort Greene and specifically located only a bloc from the entrance to the BQE, traveling across the borough, city or state could not be any easier. Immediate access to the highway allows for easy reverse commutes and vacation departures. On the flip side, both the Manhattan and Brooklyn Bridge entrances are also within 2 blocks, providing the easiest possible entry to Manhattan and all it has to offer. Nearby NYC Fresh Market and City Point, which hosts a Trader Joe's, the DeKalb Market Hall, Target, Century 21, and Alamo Drafthouse Cinemas, and Whole Foods a couple of blocks up.. Public transit includes the A,C and F trains on the corner of Myrtle and Jay Street, the Hoyt Street 2/3 station and the Dekalb Avenue B,D,N,Q,R station (only 1 stop to Canal Street and 2 stops to Union Square). A wide array of dining and nightlife venues flank the neighborhood in surrounding Fort Greene, Brooklyn Heights and Boerum Hill.

Last Agent to Sell the Property

Jacques Cohen

R New York License #40CO1151639 Listed on: 11/16/2020

R New York

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,344

Year Built

  • Built in 1925

HOA Fees

  • $448 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Pre War Building
  • Entry on the 2nd floor

Interior Spaces

  • 1,088 Sq Ft Home
  • Entrance Foyer
  • Dining Area

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7501 / 2049

Community Details

Overview

  • Downtown Subdivision
  • 8-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,344

Year Built

Built in 1925

Lot Details

0 Sq Ft Lot

HOA Fees

$448 per month

Listing Details

  • Cross Street: Gold Street/Prince Street
  • Exposures: East,North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Downtown
  • Architectural Style: Prewar
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Interior Features: Dining Area, Entrance Foyer
  • Appliances: Dryer, Washer
  • Living Area: 1088.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Building Roof Deck

Garage/Parking

  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 448.0
  • 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: No
  • Total Stories: 8
  • Year Built: 1925

Tax Info

  • Tax Block: 2049
  • Tax Lot: 7501
  • Tax Annual: 10344.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2020
Closed on
Feb 1, 2021
Sold by
Mimran David
Bought by
Vanbrenk Paul
Seller's Agent
Jacques Cohen
R New York
Sold Price
$1,050,000
Current Estimated Value
$1,143,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,799
Avg. Annual Appreciation
1.65%
Original Mortgage
$840,000
Outstanding Balance
$737,739
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$406,060

Purchase Details

Closed on
Mar 20, 2017
Sold by
Cundy Alana
Bought by
Mimran David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$730,000
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 2009
Sold by
Hosang Gary W
Bought by
Cundy Alana and Poole Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,000
Interest Rate
4.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2005
Sold by
Winchester Realty Group Llc
Bought by
Hosang Gary Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
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
Vanbrenk Paul $1,050,000 --
Mimran David $1,070,000 --
Cundy Alana $531,000 --
Hosang Gary Wayne $441,090 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanbrenk Paul $840,000
Previous Owner Mimran David $730,000
Previous Owner Cundy Alana $346,000
Previous Owner Hosang Gary Wayne $348,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2021 02/04/21 Sold $1,050,000 0.0% $965 / Sq Ft
12/09/2020 12/09/20 Pending -- -- --
11/16/2020 11/16/20 For Sale -- -- --
07/10/2018 07/10/18 Rented -- -- --
06/10/2018 06/10/18 Under Contract -- -- --
06/08/2018 06/08/18 For Rent -- -- --
08/21/2017 08/21/17 Off Market $1,050,000 -- --
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
2026 $13,660 $120,030 $5,532 $114,498
2025 $13,218 $127,668 $5,532 $122,136
2024 $13,218 $122,972 $5,532 $117,440
2023 $12,281 $113,095 $5,532 $107,563
2022 $9,725 $108,650 $5,532 $103,118
2021 $10,916 $89,429 $5,532 $83,897
2020 $5,006 $100,761 $5,532 $95,229
2019 $9,552 $100,753 $5,532 $95,221
2018 $8,819 $97,237 $5,532 $91,705
2017 $7,696 $75,656 $5,532 $70,124
2016 $7,136 $59,580 $5,532 $54,048
2015 $3,880 $58,554 $5,532 $53,022
2014 $3,880 $55,705 $5,532 $50,173
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10363089

Real Estate Board of New York (REBNY)

APN: 02049-1003

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