NOT LISTED FOR SALE

Estimated Value: $1,433,000 - $1,802,000

3 Beds
2 Baths
1,597 Sq Ft
$1,267/mo HOA Fee

Last Sold March 22, 2023

Last sale price $2,050,000 $1,284 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $10,038/month

77 Days on Market

About This Home

As of March 2023

Prime Williamsburg penthouse with a huge private roof deck, private terrace, and sweeping views in a 19-residence building with amenities. Parking available for purchase and 421a tax abatement.



Penthouse A is a 1,597-square foot three-bedroom/two-bathroom duplex with two private outdoor spaces-a terrace and a full roof deck-totaling 476 exterior square feet. This home has wonderful light and views. Finishes include high steel-decked ceilings, floor-to-ceiling windows, rich oak flooring, Waterworks bathrooms, and a true-vented open chef's kitchen with custom Italian cabinetry, Caesarstone countertops, and large island with Bertazzoni oven.



The penthouse's upper level (8th floor) includes a loft-like living room with views of the city. A handsome staircase leads to the private roof deck, with panoramic views of the city. The large master bedroom has an en-suite bathroom with special tiling, as well as its own private terrace. The second and third bedrooms on the lower level (7th floor) are well-proportioned. Closet space is abundant throughout.



The penthouse has a Daikin central air system and its own washer/dryer. Custom motorized shades are throughout.



Building amenities include a virtual doorman system with smartphone compatibility, elevator, exercise room with Fitness on Demand, lobby lounge, package room with cold storage, bicycle storage, and an on-site garage with deeded parking. The building is pet-friendly.



With the Grand and Lorimer Street corridors, 305 Union Avenue is surrounded by some of Williamsburg's favorite dining, shopping, and cultural amenities, as well as many greenspaces. The building is proximate to the Lorimer L, Metropolitan G (including an entrance on Hope and Union), and Hewes J/M subway stations.

Last Agent to Sell the Property

Christopher Morales

Douglas Elliman Real Estate License #10301212808 Listed on: 11/03/2022

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,712

Year Built

  • Built in 2015

Lot Details

  • 7,492

HOA Fees

  • $1,267 Monthly HOA Fees

Home Design

  • 1,597 Sq Ft Home
  • Entry on the 7th floor

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Community Details

  • 18 Units
  • Williamsburg S Side Subdivision
  • 7-Story Property

Listing and Financial Details

  • Tax Block 02413

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,712

Year Built

Built in 2015

Lot Details

0

HOA Fees

$1,267 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Williamsburg S Side
  • Entry Level: 7
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Living Area: 1597.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

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

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1267.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Units: 18
  • Total Stories: 7
  • Year Built: 2015

Tax Info

  • Tax Block: 02413
  • Tax Annual: 2712.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2020
Closed on
May 29, 2020
Sold by
307-311 Union Avenue Llc and % : Ecorise Development Llc
Bought by
Schlegel Andrew R
Seller's Agent
Andrew Anderson
Douglas Elliman Real Estate
List Price
$2,200,000
Sold Price
$2,150,000
Premium/Discount to List
-$50,000
-2.27%
Current Estimated Value
$1,625,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$524,440
Avg. Annual Appreciation
-5.04%
Original Mortgage
$675,595
Outstanding Balance
$598,863
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$1,026,697
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
Schlegel Andrew R $996,556 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schlegel Andrew R $675,595
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/22/2023 03/22/23 Sold $2,050,000 -8.9% $1,284 / Sq Ft
01/20/2023 01/20/23 Pending -- -- --
11/30/2022 11/30/22 Price Changed $2,250,000 0.0% $1,409 / Sq Ft
11/30/2022 11/30/22 For Sale $2,250,000 +9.8% $1,409 / Sq Ft
11/23/2022 11/23/22 Off Market $2,050,000 -- --
11/03/2022 11/03/22 For Sale $2,350,000 +9.3% $1,472 / Sq Ft
04/20/2022 04/20/22 Off Market $2,150,000 -- --
05/21/2020 05/21/20 Sold $2,150,000 -2.3% $1,346 / Sq Ft View Prior Sale
03/16/2020 03/16/20 Pending -- -- --
01/15/2020 01/15/20 For Sale $2,200,000 -- $1,378 / 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 $2,137 $201,351 $18,716 $182,635
2024 $2,137 $204,942 $18,716 $186,226
2023 $2,097 $192,884 $18,716 $174,168
2022 $2,091 $186,414 $18,716 $167,698
2021 $8,469 $169,975 $18,716 $151,259
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10836367

Real Estate Board of New York (REBNY)

APN: 02413-1116