SOLD AUG 1, 2018
2 Beds
2 Baths
1,075 Sq Ft
$782/mo HOA Fee

Recently Sold

115 Days on Market

Highlights

  • Newly Remodeled
  • 2-minute walk to Grand Street (L Line)
  • Central Air
  • Rooftop Deck
  • Balcony

About This Home

As of August 2018

Welcome to 290 Powers Street, a brand new boutique condominium development nestled on a beautiful tree-lined block in the heart of booming East Williamsburg. This elevator building is located just three blocks from Cooper Park, two blocks from the subway and only four subway stops from Manhattan. 290 Powers features four sun-filled apartments, each spanning a full floor.
Unit 3 is a two-bedroom, two-bathroom home with two double exposures and a private balcony. As soon as you walk into the apartment, you will encounter an extra-wide 25 foot living/dining area with three large windows looking over green tree-tops. The open kitchen includes Caesarstone countertops, modern sleek cabinets and Bosch stainless steel appliances. Two large bedrooms with excellent closet space and two full bathrooms are located in the rear of the apartment to provide maximum peace and quiet. Elegant finishes, along with a state-of-the-art washer/dryer and a Mitsubishi heating/cooling system complete this true gem of a property.
290 Powers is surrounded by an eclectic mix of restaurants, bars, cafes, and shops near Grand and Metropolitan Avenues. Cooper Park offers a wealth of options, including a farmers market on Sundays, a playground and a lively dog-run. Do not miss this unique opportunity to live on a serene residential block just minutes from all the exciting attractions that Williamsburg has to offer. Contact us today to schedule a private showing.

This is not an offering. The complete offering terms are in an offering plan available from the File No. CD170022.

Last Agent to Sell the Property

Yuval Vidal

Compass License #30VI1008300 Listed on: 08/08/2017

Compass

Co-Listed By

Esther Patten

Compass License #10401237899

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,902

Year Built

  • Built in 2017 | Newly Remodeled

HOA Fees

  • $782 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,075 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Balcony
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 27 / 2922

Community Details

Overview

  • East Williamsburg Subdivision

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,902

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

HOA Fees

$782 per month

Listing Details

  • Cross Street: Olive Street/Bushwick Avenue
  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: East Williamsburg
  • Entry Level: 3
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Features: Dining Area
  • Appliances: Dryer, Washer
  • Living Area: 1075.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 782.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 25.0 x 100.0

Building Info

  • New Construction: Yes
  • Total Stories: 4
  • Year Built: 2017

Tax Info

  • Tax Block: 2922
  • Tax Lot: 27
  • Tax Annual: 2901.72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2017
Closed on
Jul 26, 2018
Sold by
290 Powers Group Llc
Bought by
Farzan Arash
Seller's Agent
Yuval Vidal
Compass
Current Estimated Value
$1,513,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$956,000
Outstanding Balance
$831,971
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$609,245
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 Type Sale Price Title Company
Deed $1,216,809 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $956,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2024 02/05/24 Under Contract -- -- --
02/03/2024 02/03/24 Rented $5,600 0.0% --
01/15/2024 01/15/24 For Rent $5,600 +1.8% --
07/31/2022 07/31/22 Rented $5,500 0.0% --
07/07/2022 07/07/22 For Rent $5,500 0.0% --
08/01/2018 08/01/18 Sold -- -- --
12/01/2017 12/01/17 Pending -- -- --
08/08/2017 08/08/17 For Sale -- -- --
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 $13,697 $190,306 $19,107 $171,199
2024 $13,697 $158,588 $19,107 $139,481
2023 $13,697 $147,219 $19,107 $128,112
2022 $13,280 $144,640 $19,107 $125,533
2021 $10,144 $115,693 $19,107 $96,586
2020 $3,877 $39,249 $14,695 $24,554
2019 $3,920 $39,249 $14,695 $24,554
2018 $0 $31,084 $13,959 $17,125
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10472349

Real Estate Board of New York (REBNY)

APN: 02922-1103