NOT LISTED FOR SALE

Estimated Value: $1,175,000 - $1,560,000

2 Beds
1.5 Baths
1,179 Sq Ft
$496/mo HOA Fee

Last Sold April 06, 2023

Last sale price $1,200,000 $1,018 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $8,881/month

125 Days on Market

Highlights

  • Rooftop Deck
  • Balcony
  • Central Air
  • Pre War Building
  • Entrance Foyer
  • Garage

About This Home

As of April 2023

Residence 7E at 176 Johnson Street is a coveted, rarely available, E line unit at The Toy Factory Lofts in Downtown Brooklyn. This sun filled, sprawling 1-Bedroom (easily converted 2-Bedroom) boasts 1,179 square feet of living space with three exposures. Upon entering you are greeted by nearly 11.5' ceilings with exposed beams that immediately sets the tone for this unique loft space.

Enter the main living and dining spaces complete with brand new custom hardwood floors throughout, oversized corner unit windows, and two Juliet balconies for your enjoyment. An expansive 34-foot-long living/dining space is an entertainer's dream and can be configured in a variety of ways. In the living space you will also find a custom wall built from reclaimed brick to enhance the warmth of this space.

The massive, open chef's kitchen has been outfitted with stainless steel appliances, granite countertops, and breakfast bar. This is an ideal space with plenty of opportunities create a breakfast nook, eat-in-kitchen, or at home bar set up.

Enter the primary suite through custom built barn doors where you'll find no shortage of closet space with two custom walk-ins fit for a kings and queens. The generously sized primary suite easily accommodates a king size bedroom set.

Off the main living space, you'll find room for an enormous home office or easily converted queen sized second bedroom, equipped with a full wall of closets and overhead storage.

The Toy Factory Lofts condominium is comprised of 8 floors with only 56 units total, creating an intimate, boutique-like environment. Constructed with concrete slab between each floor, this apartment is also pin drop quiet. Residents will enjoy the convenience of a live-in superintendent, fitness center, furnished roof deck, package room, bike storage, and Verizon Fios accessibility. Private storage and garage parking are also available for rent through a third-party service on the lower level.

Conveniently located on the Downtown Brooklyn/Fort Greene border, 176 Johnson Street is just minutes to the Brooklyn Navy Yard, Wegmans, and City Point, which includes a Target, Trader Joes, Alamo Cinema, Sixpoint Brewery, and delicious culinary experiences at Dekalb Market. You will also enjoy outdoor recreational options just a short walk away in Fort Greene Park and the Dumbo Waterfront.

Last Agent to Sell the Property

Collin Bond Esq.

Compass License #10301211462 Listed on: 10/19/2022

Compass

Co-Listed By

Jeffrey Couchara

Compass License #10401306937

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,932

Year Built

  • Built in 1925

HOA Fees

  • $496 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Pre War Building
  • Entry on the 7th floor

Interior Spaces

  • 1,179 Sq Ft Home
  • Entrance Foyer

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Balcony
  • 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

$16,932

Year Built

Built in 1925

Lot Details

0

HOA Fees

$496 per month

Listing Details

  • Cross Street: Gold Street/Prince Street
  • Exposures: North,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Downtown
  • Architectural Style: Prewar
  • Entry Level: 7
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Interior Features: Entrance Foyer
  • Appliances: Dryer, Washer
  • Living Area: 1179.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

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

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: 496.0
  • 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: 16932.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2022
Closed on
Apr 4, 2023
Sold by
Blake Rebekah E and Blake Stephen A
Bought by
Lowenstein Brianna and Lowenstein Tyler
Seller's Agent
Collin Bond Esq.
Compass
List Price
$1,200,000
Sold Price
$1,200,000
Views
52
Current Estimated Value
$1,313,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,781
Avg. Annual Appreciation
3.31%
Original Mortgage
$994,500
Outstanding Balance
$967,112
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$346,669

Purchase Details

Listed on
Jan 5, 2016
Closed on
Aug 15, 2016
Sold by
Covey Irene Sarah
Bought by
Blake Rebekah E and Blake Stephen A
List Price
$999,000
Sold Price
$999,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.80%
Original Mortgage
$822,000
Interest Rate
3.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 2014
Sold by
Ja Cho Haeng
Bought by
Covey Irene Sarah and Namsaraev Eugeni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
4.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2005
Sold by
Winchester Realty Group Llc
Bought by
Cho Haeng-Ja and Watanabe Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
5.83%
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
Lowenstein Brianna $1,170,000 --
Blake Rebekah E $999,000 --
Covey Irene Sarah $800,000 --
Cho Haeng-Ja $560,038 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowenstein Brianna $994,500
Previous Owner Blake Rebekah E $822,000
Previous Owner Covey Irene Sarah $520,000
Previous Owner Cho Haeng-Ja $412,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/06/2023 04/06/23 Sold $1,200,000 0.0% $1,018 / Sq Ft
02/23/2023 02/23/23 Pending -- -- --
02/21/2023 02/21/23 For Sale $1,200,000 0.0% $1,018 / Sq Ft
02/19/2023 02/19/23 Off Market $1,200,000 -- --
01/17/2023 01/17/23 For Sale $1,200,000 0.0% $1,018 / Sq Ft
12/21/2022 12/21/22 Off Market $1,200,000 -- --
10/20/2022 10/20/22 For Sale $1,200,000 +20.1% $1,018 / Sq Ft
08/15/2016 08/15/16 Sold $999,000 0.0% $847 / Sq Ft View Prior Sale
07/16/2016 07/16/16 Pending -- -- --
11/02/2015 11/02/15 For Sale $999,000 -- $847 / 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 $18,990 $183,417 $7,943 $175,474
2024 $18,990 $176,671 $7,943 $168,728
2023 $17,644 $162,480 $7,943 $154,537
2022 $13,971 $156,093 $7,943 $148,150
2021 $12,938 $128,479 $7,943 $120,536
2020 $5,934 $144,760 $7,943 $136,817
2019 $13,723 $144,748 $7,943 $136,805
2018 $12,671 $139,697 $7,943 $131,754
2017 $10,838 $108,692 $7,943 $100,749
2016 $9,949 $85,595 $7,943 $77,652
2015 $5,394 $84,120 $7,943 $76,177
2014 $5,394 $80,032 $7,943 $72,089
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10839422

Real Estate Board of New York (REBNY)

APN: 02049-1047