NOT LISTED FOR SALE

Estimated Value: $1,278,000 - $1,508,000

3 Beds
2 Baths
1,004 Sq Ft
$1,186/mo HOA Fee

Last Sold September 27, 2023

Last sale price $1,300,000 $1,295 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $9,295/month

334 Days on Market

Highlights

  • Laundry Facilities
  • 3-minute walk to Broadway (G Line)
  • 5-minute walk to Sternberg Park

About This Home

As of September 2023

Private and seclude penthouse apartment with more than 700 soft outdoor space. Floor through unit with elevator access. Be the only one on this floor with no neighbor 360 degree except the neighbor below you. Huge roof top with Manhattan view for party and drinks.

Introducing 261 Union Avenue. A collection of modern contemporary apartments located in the trendy neighborhood of Williamsburg, Brooklyn. This newly developed condominium is strategically located minutes away from multiple train and bus lines and surrounded by a wide collection of markets and restaurants in the thriving Brooklyn food scene. Nearby attractions include Michelin restaurants, world-class museums, theaters, parks, bars, and boutiques.

Each unit is fully equipped with high-quality appliances, which include Bosch dishwashers, energy-efficient Bosch refrigerators, and a six-burner Bertazzoni stove/ovens with over-the-range microwave hoods. The kitchens feature quartz countertops and backsplashes, and ample cabinet space.

Additional unit features include convenient in-home washer/dryers, central heating and cooling, floor-to-ceiling windows in the living room and both bedrooms drenching the apartment in natural light. Each unit has private outdoor spaces for relaxing and entertaining. The bathrooms feature chic décor with floor to ceiling grey-tone ceramic tiles, Kohler fixtures, and shower-head massage systems.

The building has a 24-hour virtual doorman for the tenants’ convenience and the elevator operates on each floor including the duplex units making it convenient for moving and daily life. All of our units are pet friendly and welcome our tenants’ companions in our building.

This is a 6th-floor duplex penthouse apartment with a large front balcony on the 6th floor and a large rooftop on the 7th floor. The apartment features floor to ceiling windows in every room. The unit 6 is spacious and filled with natural light. The kitchen is open to the living room and a sliding door leads right outside onto the balcony for outdoor entertaining. The kitchen is fully equipped with brand new appliances. Both bathrooms are fully equipped with state of the art showers and Kohler vanity. One bathroom is on the 6th floor another on the 7th floor. The unit comes with a dishwasher, built-in microwave and in-unit washer and dryer for your convenience. The unit comes with an elevator size storage unit on the cellar level. You can easily pack in 5 bicycles.

Disclaimer: The broker is also an executive of the sponsor company.

Last Agent to Sell the Property

Zhi Pei

PEI ZHI License #10351208719 Listed on: 09/09/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,544

Lot Details

  • 2,265

HOA Fees

  • $1,186 Monthly HOA Fees

Home Design

  • 1,004 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Tax Block 02439

Community Details

Overview

  • 6 Units
  • East Williamsburg Subdivision
  • 7-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,544

Lot Details

0

HOA Fees

$1,186 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: East Williamsburg
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Living Area: 1004.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3
  • Basement: No

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 3

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1186.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Units: 6
  • Total Stories: 7

Tax Info

  • Tax Block: 02439
  • Tax Annual: 8544.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2022
Closed on
Sep 28, 2023
Sold by
263 Union Avenue Llc
Bought by
Castan Daniel and Castan Rachel
Seller's Agent
Zhi Pei
PEI ZHI
List Price
$1,450,000
Sold Price
$1,300,000
Premium/Discount to List
-$150,000
-10.34%
Views
80
Current Estimated Value
$1,374,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,493
Avg. Annual Appreciation
1.65%
Original Mortgage
$1,040,000
Outstanding Balance
$1,020,900
Interest Rate
7.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$321,610
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
Castan Daniel $1,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castan Daniel $1,040,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2023 09/27/23 Sold $1,300,000 -7.1% $1,295 / Sq Ft
08/16/2023 08/16/23 Pending -- -- --
07/15/2023 07/15/23 Price Changed $1,399,000 -3.5% $1,393 / Sq Ft
05/04/2023 05/04/23 For Sale $1,450,000 0.0% $1,444 / Sq Ft
09/15/2022 09/15/22 For Sale $1,450,000 +11.5% $1,444 / Sq Ft
09/15/2022 09/15/22 Off Market $1,300,000 -- --
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 $9,435 $111,187 $30,942 $80,245
2024 $9,435 $92,622 $30,942 $61,680
2023 $8,572 $77,185 $30,942 $46,243
2022 $8,549 $71,320 $30,942 $40,378
2021 $8,572 $71,320 $30,942 $40,378
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10894517

Real Estate Board of New York (REBNY)

APN: 02439-1006