NOT LISTED FOR SALE

Estimated Value: $3,083,000 - $4,205,000

5 Beds
5 Baths
3,576 Sq Ft
0.34 Acres Lot

Sale Details

Date Sold: September 22, 2023

Last sale price $5,250,000 $1,468 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $26,613 / mo

156 Days on Market

Highlights

  • Rooftop Deck
  • Pre War Building
  • Den
  • River View
  • Terrace
  • Entrance Foyer

About This Home

As of September 2023

Truly a one of kind loft Located in the heart of DUMBO. Situated on the north, east and south corners of the coveted Sweeney Building, this home is currently configured with five bedrooms plus a home office, a den/media room and playroom, three full baths, two half baths and its very own private western facing rooftop cabana at an additional cost. Amazing views of NYC, the Manhattan Bridge, Empire State Building, East River, and Brooklyn Bridge Park can be enjoyed from the northern windows.

This rare and special loft is wrapped by oversized arched windows, hardwood floors, and 11'+/- high concrete beamed ceilings, this approx. 3,576 sq.ft. loft is the epitome of true DUMBO living. The kitchen, living and dining areas are seamlessly integrated and have a beautiful flow to the apartment. There is a designated formal dining area, room for additional seating and a spacious living room which is great for entertaining or everyday living. The open chef's kitchen features updated cabinetry and a separate pantry closet, soft close drawers, island seating and top of the line appliances such as a Gaggenau oven, Bosch stove-top, dishwasher and Subzero refrigerator.

In the primary bedroom you will find a graciously sized room, a custom walk-in closet, automatic shades, an en-suite bathroom and incredible views of the NYC skyline, Manhattan Bridge, East River and Brooklyn Bridge Park. The spa-like en-suite bath is complete with a marble double vanity with under the sink built-in storage, deep soaking jacuzzi tub, and separate glass enclosed shower. The second bedroom is large, flooded with eastern natural light and has double door closets for storage. There are three other bedrooms on the south side of the apartment which are all ample sized and have custom-built closets, one having an en-suite full bath with double door closets, the second being a corner room with double exposure to the east and south, and the third just off the hallway with convenient access to the playroom and one of the powder rooms.

There is also a den/media room with a built-in entertainment wall, a wet bar and full-sized refrigerator which is all separate to the main living area. Just adjacent to this room is the large laundry room with Miele W/D, sink and secondary dishwasher (convenient for the bar items) and a huge play area just around the corner. The playroom, which can easily be converted to another large bedroom. Rounding out this home is a massive in-unit storage room and closets throughout, central Nest system, recessed lighting on dimmers, built-in surround sound, updated heating system and automatic shades.

Originally built as a factory in 1916, The Sweeney Building is now a classic residential loft building offering 24-hour attended lobby, friendly staff, a bike room, a newly-renovated gym, basement storage and a breathtaking roof deck with sweeping city views. Located in the heart of DUMBO, The Sweeney Building is in close proximity to the famed Brooklyn Bridge waterfront park, Janes Carousel, new Empire Stores, award-winning playgrounds, DUMBO Boulders rock climbing, the A/C/F trains and the water taxi. Celebrated for its architecture, DUMBO features charming cobblestone streets, cozy cafes, restaurants, shops and renowned art galleries.

Last Agent to Sell the Property

Karen Heyman Defontes

Sothebys International Realty License #40HE0781079 Listed on: 02/13/2023

Sothebys International Realty

Co-Listed By

Alan Heyman

Sothebys International Realty License #40HE1069794

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $47,880

Year Built

  • Built in 1908

Lot Details

  • 0.34

HOA Fees

  • $4,925 Monthly HOA Fees

Property Views

  • River
  • Park or Greenbelt

Home Design

  • Pre War Building
  • Entry on the 11th floor

Interior Spaces

  • 3,576 Sq Ft Home
  • Entrance Foyer
  • Den

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Additional Features

  • Terrace
  • Central Air

Listing and Financial Details

  • Tax Block 00036

Community Details

Overview

  • 85 Units
  • Dumbo / Vinegar Hill Subdivision
  • 11-Story Property

Amenities

  • Rooftop Deck
  • Building Terrace

Property Details

Home Type

Condominium

Est. Annual Taxes

$47,880

Year Built

Built in 1908

Lot Details

0.34 Acres

HOA Fees

$4,925 per month

Listing Details

  • Exposures: East,North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: DUMBO / Vinegar Hill
  • Architectural Style: Prewar
  • Entry Level: 11
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 11

Interior Features

  • Interior Features: Den, Entrance Foyer
  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 3576.0
  • Living Area Units: Square Feet
  • Dining Room Type: Den

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Bathrooms Integer: 4
  • Bedrooms: 5

Exterior Features

  • View: City, Park/Greenbelt, River
  • View: Yes
  • Exterior Features: Building Roof Deck
  • Patio/Porch Features: Building Terrace, Terrace

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 4925.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Area: 14950.0
  • Lot Size Dimensions: 115.0 x 130.0

Building Info

  • New Construction: No
  • Units: 85
  • Total Stories: 11
  • Year Built: 1908

Tax Info

  • Tax Block: 00036
  • Tax Annual: 47880.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2023
Closed on
Sep 15, 2023
Sold by
Liu David and Roney Carley
Bought by
Lee Sang J and Mansfield Christopher W
Seller's Agent
Karen Heyman Defontes
Sothebys International Realty
List Price
$5,499,000
Sold Price
$5,250,000
Premium/Discount to List
-$249,000
-4.53%
Views
219
Current Estimated Value
$3,579,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,670,199
Avg. Annual Appreciation
-13.60%
Original Mortgage
$3,675,000
Outstanding Balance
$3,572,210
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$7,591

Purchase Details

Closed on
Feb 25, 2003
Sold by
30 Main Associates Llc
Bought by
Liu David and Roney Carley
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lee Sang J $5,250,000 --
Liu David $4,704,725 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Sang J $3,675,000
Closed Liu David $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2023 09/22/23 Sold $5,250,000 -4.5% $1,468 / Sq Ft
07/20/2023 07/20/23 Pending -- -- --
06/27/2023 06/27/23 Off Market $5,499,000 -- --
06/16/2023 06/16/23 For Sale $5,499,000 0.0% $1,538 / Sq Ft
05/21/2023 05/21/23 Off Market $5,499,000 -- --
05/11/2023 05/11/23 Price Changed $5,499,000 -8.2% $1,538 / Sq Ft
02/13/2023 02/13/23 For Sale $5,988,000 -- $1,674 / 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
2026 $32,504 $271,242 $4,410 $266,832
2025 $31,393 $279,404 $4,410 $274,994
2024 $31,393 $269,123 $4,410 $264,713
2023 $31,308 $284,578 $4,410 $280,168
2022 $28,382 $278,215 $4,410 $273,805
2021 $25,040 $226,294 $4,410 $221,884
2020 $15,912 $255,504 $4,410 $251,094
2019 $20,020 $231,528 $4,410 $227,118
2018 $12,839 $184,896 $4,410 $180,486
2017 $10,755 $149,403 $4,411 $144,992
2016 $9,999 $140,076 $4,410 $135,666
2015 -- $107,403 $4,410 $102,993
2014 -- $107,406 $4,410 $102,996
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10891937

Real Estate Board of New York (REBNY)

APN: 00036-1076

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