NOT LISTED FOR SALE

Estimated Value: $1,131,000 - $1,407,000

2 Beds
2 Baths
1,058 Sq Ft
$969/mo HOA Fee

Last Sold January 28, 2021

Last sale price $979,000 $925 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $8,653/month

5,258 Days on Market

Highlights

  • Community Garden
  • 4-minute walk to Borough Hall-Court Street
  • South Facing Home
  • New Windows
  • Entrance Foyer

About This Home

As of January 2021

Sunny and Tax Abated Loft in Luxury Doorman Condo! This exceptional loft residence at 199 State Street in the full-service Lookout Condominium developed by Alchemy Properties is centrally located at the nexus of Brooklyn Heights, Downtown Brooklyn, and Cobble Hill. Triple mint and move-in ready. South facing on to State street, this one bedroom with home office/den/guest room and two full baths offers luxury living with all modern conveniences and amenities. The large scale of the apartment and the open floor plan not only optimize the 1,058 sf of living space but also provides a generous entry foyer and open plan layout for entertaining. Pet and pied-a-terre friendly. Investors, corporate and foreign buyers welcome! Large storage unit included in purchase, approximately 59 square feet. Apartment Features include:
- 11-foot ceilings
- Oversized windows
- Washer/Dryer in unit
- Solid oak plank floors throughout
- Stainless Steel and Granite Chef's kitchen with Viking appliances
- Over-sized master bedroom suite
- Marble master bath with soaking tub and separate shower
- Alarmed video security system Luxury Amenities + Exceptionally Low Monthlies!
- 24/7 attended lobby
- Live-in, full-time super
- Bike room, Private storage units
- Landscaped courtyard garden
- Fully equipped playroom
- Package room, Video security
- 421a tax abatement through 2023 In The Heart of Brooklyn!
- The Promenade, Brooklyn Bridge Park
- Borough Hall transportation hub, encircled by 10 subway lines (2,3,4,5,A,C,F,G,N,R)
- World class restaurants, shopping, nightlife
- Trader Joe's
- YMCA with pool across the street

Last Agent to Sell the Property

John Barbato

Compass License #10301206917 Listed on: 06/09/2020

Compass

Co-Listed By

Mark Policarpio

Brown Harris Stevens Residential Sales LLC License #10301223281

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,900

Year Built

  • Built in 2006

Lot Details

  • South Facing Home

HOA Fees

  • $969 Monthly HOA Fees

Home Design

  • Entry on the 7th floor

Interior Spaces

  • 1,058 Sq Ft Home
  • New Windows
  • Entrance Foyer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Legal Lot and Block 7501 / 271

Community Details

Overview

  • Downtown Subdivision
  • 11-Story Property

Amenities

  • Community Garden

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,900

Year Built

Built in 2006

Lot Details

0 Sq Ft Lot

HOA Fees

$969 per month

Listing Details

  • Cross Street: Boerum Place/Court Street
  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Downtown
  • Entry Level: 7
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 11

Interior Features

  • Interior Features: Dining Area, Entrance Foyer
  • Appliances: Dryer, Washer
  • Living Area: 1058.0
  • Living Area Units: Square Feet
  • Window Features: New Windows

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Garden

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 969.0
  • 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: 11
  • Year Built: 2006

Tax Info

  • Tax Block: 271
  • Tax Lot: 7501
  • Tax Annual: 3900.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2020
Closed on
Jan 28, 2021
Sold by
Edgebrook Associates Llc
Bought by
Chang Eric Woosuk and Lee Irene
Seller's Agent
John Barbato
Compass
List Price
$979,000
Sold Price
$979,000
Current Estimated Value
$1,297,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,992
Avg. Annual Appreciation
5.74%
Original Mortgage
$685,300
Outstanding Balance
$612,395
Interest Rate
2.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$685,597

Purchase Details

Closed on
Sep 27, 2007
Sold by
199 State Street Equity Llc
Bought by
Edgebrook Associates Llc
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
Chang Eric Woosuk $979,000 --
Edgebrook Associates Llc $695,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Eric Woosuk $685,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2022 04/20/22 Off Market $979,000 -- --
01/28/2021 01/28/21 Sold $979,000 0.0% $925 / Sq Ft
11/06/2020 11/06/20 Pending -- -- --
06/15/2006 06/15/06 For Sale $979,000 -- $925 / 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 $11,981 $131,184 $9,705 $121,479
2024 $11,981 $130,708 $9,705 $121,003
2023 $10,299 $119,239 $9,705 $109,534
2022 $7,460 $95,047 $9,705 $85,342
2021 $4,838 $61,150 $9,705 $51,445
2020 $1,891 $73,034 $9,705 $63,329
2019 $2,262 $71,314 $9,705 $61,609
2018 $873 $71,949 $9,705 $62,244
2017 $873 $69,055 $9,705 $59,350
2016 $885 $55,080 $9,705 $45,375
2015 $691 $43,822 $9,705 $34,117
2014 $691 $39,191 $9,706 $29,485
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10605234

Real Estate Board of New York (REBNY)

APN: 00271-1028

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