NOT LISTED FOR SALE

Estimated Value: $2,229,000 - $2,741,000

2 Beds
3 Baths
2,008 Sq Ft
$300/mo HOA Fee

Last Sold October 27, 2017

Last sale price $1,840,000 $916 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $14,297/month

160 Days on Market

Highlights

  • Pre War Building
  • P.S. 32 Samuels Mills Sprole Rated A-
  • Terrace

About This Home

As of October 2017

Eco-friendly duplex loft condo with private courtyard, roof deck, central air in Gowanus. The ideal space for art lovers with long brick walls to hang your paintings and a patio for your sculptures.

A beautiful steel cladded exterior sets the scene for this genuine loft in a former electrical warehouse at 262 Bond Street in Gowanus. The sprawling 2,008 square-foot duplex is arrayed around a central double-height courtyard and steel stairs that lead to a large private roof deck. In a nod to its industrial past, there is exposed brick throughout.

It is currently configured as a 2-bedroom with 2.5 baths. But it would easily be remodeled into a 3-bedroom.

The building was one of the first in Brooklyn to be certified LEED, so the apartment is environmentally friendly and has very low utility bills coupled with high efficiency HVAC and heating systems. What's more, both outdoor spaces have electric, gas, and water lines for entertaining, and the roof deck's custom planters are irrigated.

The first floor opens onto a large living and dining area with large windows overlooking the courtyard. The large modern galley kitchen has subway tile, stainless steel appliances, two ovens, Cambria solid surface countertops and a built-in 56-bottle wine refrigerator. There is also storage, a half bath, and a full-sized washer/dryer on this level.

Upstairs is a massive master bedroom suite configured around huge windows and skylights. There are two full baths, one of which is equipped with a Jacuzzi tub, the other with a walk-in marble shower. The skylights are equipped with solar and blackout shades for deep and restful sleep.

The 825-square-foot roof deck is set up for entertaining and has a concealed shed for furniture and gardening equipment.

The two-unit building is near the intersection of Boerum Hill, Carroll Gardens and Cobble Hill. Nearby are the D&D pool, several parks, the Cobble Hill Cinemas, the Royal Palm Shuffle Board Club and Ample Hills Creamery.

Co-Listed By

Michael Gidaly

Douglas Elliman Real Estate License #40GI1044566

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,320

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Pre War Building

Interior Spaces

  • 2,008 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Terrace
  • No Cooling

Community Details

  • 2 Units
  • Cobble Hill Lofts Condos
  • Cobblehl Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,320

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Cross Street: Douglass Street
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: COBBLEHL
  • Architectural Style: Prewar
  • Entry Level: 99
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 2008.0
  • Living Area Units: Square Feet
  • Rooms (Total): 7

Beds/Baths

  • Bathrooms Integer: 3
  • Bedrooms: 2

Exterior Features

  • Patio/Porch Features: Terrace, Rooftop

Utilities

  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 300.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: Cobble Hill Lofts
  • Units: 2
  • Total Stories: 2

Tax Info

  • Tax Block: 0
  • Tax Annual: 4320.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2017
Closed on
Oct 27, 2017
Sold by
Schachter Amy and Schachter Oscar
Bought by
Araiche Leila and Bettio Gabriele
List Price
$2,100,000
Sold Price
$1,840,000
Premium/Discount to List
-$260,000
-12.38%
Current Estimated Value
$2,466,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$626,462
Avg. Annual Appreciation
4.01%
Original Mortgage
$1,472,000
Outstanding Balance
$1,239,325
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,259,213

Purchase Details

Closed on
Apr 6, 2010
Sold by
Barr Alan Ashley
Bought by
Schachter Amy and Schachter Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2007
Sold by
Giancola Andrew and Giancola Michael
Bought by
Ashley Barr Alan
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
Araiche Leila $1,840,000 --
Schachter Amy $1,350,000 --
Ashley Barr Alan $1,373,619 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Araiche Leila $13,550
Open Araiche Leila $1,472,000
Previous Owner Schachter Amy $9,328
Previous Owner Schachter Amy $5,487
Previous Owner Schachter Amy $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2017 10/27/17 Sold $1,840,000 -12.4% $916 / Sq Ft
09/27/2017 09/27/17 Pending -- -- --
04/19/2017 04/19/17 For Sale $2,100,000 -- $1,046 / 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 $5,917 $37,500 $8,490 $29,010
2024 $5,917 $114,690 $1,080 $113,610
2023 $5,938 $129,900 $1,080 $128,820
2022 $5,227 $119,760 $1,080 $118,680
2021 $5,447 $100,770 $1,080 $99,690
2020 $5,197 $62,520 $1,080 $61,440
2019 $5,136 $54,351 $1,080 $53,271
2018 $4,967 $24,367 $654 $23,713
2017 $4,686 $22,988 $666 $22,322
2016 $4,335 $21,687 $848 $20,839
2015 $2,844 $20,460 $1,080 $19,380
2014 $2,844 $20,460 $1,080 $19,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10041280

Real Estate Board of New York (REBNY)

APN: 00416-1102