NOT LISTED FOR SALE

Estimated Value: $1,452,000 - $1,959,000

2 Beds
2 Baths
1,100 Sq Ft
$1,305/mo HOA Fee

Last Sold April 29, 2021

Last sale price $1,700,000 $1,545 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $11,642/month

870 Days on Market

Highlights

  • Newly Remodeled
  • 4-minute walk to Metropolitan Avenue
  • 2-minute walk to Macri Triangle
  • Pre War Building
  • Garage

About This Home

As of April 2021

Over 90% Sold!! Immediate Occupancy!! Brand New Luxury Development with 15 Year Tax Abatement just two blocks from the L train!!

This stunning 2 bedroom condominium residences located right on North 7th Street in prime Williamsburg. It is a full service luxury building with a luxurious double height attended lobby and landscaped garden, roof top and fitness room overlooking terrace with city views, penthouse lounge, and children's playroom with city views, bike room, cold storage, private cabanas, and on-site parking. Interior Design by renowned designer Paris Forino, this apartment includes state-of-the-art finishes. The open kitchen, which is adorned in custom oak cabinets, Italian custom arabecato corichia natural stone countertops and backsplash, is open to the living room and is outfitted with a Bosch appliance package which includes oven, four-burner cooktop, and dishwasher. The fully integrated refrigerator and freezer with ice maker and Kohler faucet completes the sleek kitchen. The bathroom is complete with an undermount signature bathtub, waterworks fixtures, Malibu toilet, and lacquer finish vanity with natural stone countertop. There are 7 inch wide plank oak flooring, multi-zone heating and cooling central air, and a Bosch washer dryer in the apartment. Plus, there is private outdoor space that is perfect for enjoying the summer days.

308 North 7 is located on the north side of Williamsburg just blocks from the L, G and M subway lines and surrounded by endless opportunities for world-class shopping, dining and entertainment. With low monthly charges and a 15-year tax abatement this is both a beautiful home and a perfect investment. Be one of the first to live in this luxury condominium.

For more information please visit us at 308n7.com or contact us today to schedule a private showing.

The complete offering terms are in an offering plan available from the sponsor, file number CD 15-0189.

Last Agent to Sell the Property

Tamir Shemesh

Nest Seekers LLC License #30SH0853809 Listed on: 10/01/2018

Nest Seekers LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,128

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 0.32

HOA Fees

  • $1,305 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 1,100 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling

Community Details

  • Williams Subdivision
  • 7-Story Property

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,128

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

HOA Fees

$1,305 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: WILLIAMS
  • Architectural Style: Prewar
  • Entry Level: 99
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Living Area: 1100.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1305.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Total Stories: 7
  • Year Built: 2017

Tax Info

  • Tax Block: 0
  • Tax Annual: 7128.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2018
Closed on
Apr 29, 2021
Sold by
N7 Owner Llc
Bought by
Burke Benjamin
Seller's Agent
Tamir Shemesh
Nest Seekers LLC
List Price
$1,700,000
Sold Price
$1,700,000
Current Estimated Value
$1,805,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,273
Avg. Annual Appreciation
1.00%
Original Mortgage
$1,260,000
Outstanding Balance
$1,143,255
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$630,423
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
Burke Benjamin $1,638,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burke Benjamin $1,260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2021 04/29/21 Sold $1,700,000 0.0% $1,545 / Sq Ft
10/01/2018 10/01/18 For Sale $1,700,000 -- $1,545 / 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 $4,406 $159,980 $16,450 $143,530
2024 $4,406 $167,611 $16,450 $151,161
2023 $3,917 $149,326 $16,450 $132,876
2022 $1,748 $135,664 $16,450 $119,214
2021 $911 $126,633 $16,450 $110,183
2020 $927 $135,870 $16,450 $119,420
2019 $3,906 $107,463 $16,450 $91,013
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10609217

Real Estate Board of New York (REBNY)

APN: 02331-1113