NOT LISTED FOR SALE

Estimated Value: $1,060,000 - $1,136,387

2 Beds
2 Baths
1,119 Sq Ft
$1,220/mo HOA Fee

Last Sold August 28, 2024

Last sale price $1,030,000 $920 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $8,219/month

38 Days on Market

Highlights

  • Valet Parking
  • 1-minute walk to Lawrence Street-Metrotech
  • Garage
  • Outdoor Grill
  • Central Air
  • No Heating

About This Home

As of August 2024

Nestled in the heart of Downtown Brooklyn lies an exceptional living experience – one that offers unparalleled elegance and style. Look no further than the Bell Tel Lofts, an iconic Art Deco landmark that has been thoughtfully transformed into a full-service loft building with luxurious residences and an impressive collection of amenities.

At the heart of this distinctive living experience is Apartment 14E, a 1,119 square-foot two home occupancy/office, two-bathroom unit (easily functioning as a large 2 bedroom) that embodies the essence of contemporary style. Adorned with high beamed ceilings and caramelized bamboo floors, this elegant home features sleek modern finishes that lend an air of sophistication to every corner.

Entertaining is made simple in the spacious living/dining room, served by an open kitchen equipped with top-of-the-line stainless steel appliances, and a kitchen island. The convenience of an in-unit washer and dryer, available at your beck and call, ensures a seamless living experience.

Beyond the boundaries of this exceptional dwelling, Bell Tel Lofts offers an exceptional range of amenities that cater to the discerning resident. A 24-hour doorman/concierge, fitness center and yoga studio, two stunning rooftop terraces (with BBQ grills), children’s playroom, lounge with ping pong and foosball tables, storage, and on-site indoor valet parking available for lease. This is truly a space that offers everything one could desire.

This remarkable building is situated in an unbeatable location, with easy access to Manhattan via eleven subway lines (the R, 2, 3, Q, B, A, C, F, G, 4, and 5 trains), all within a three-block radius. Excellent restaurants, supermarkets, City Point (with stores like Target, Trader Joe's), Fort Greene Park, and Abolitionist Place Park are all moments away as well. In short, Bell Tel Lofts represents the pinnacle of elegant living in Downtown Brooklyn – a place where one can indulge in the finest comforts and amenities while reveling in the vibrant energy of the neighborhood.

*Listed taxes include primary condo tax abatement. This listing makes no legal representation as to the number of bedrooms or what rooms may be used as bedrooms; this should be verified by the appropriate professionals.

Last Agent to Sell the Property

Eugene Liu

Compass License #10401279281 Listed on: 06/25/2024

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,540

Year Built

  • Built in 1929

HOA Fees

  • $1,220 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 1,119 Sq Ft Home
  • Entry on the 14th floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Central Air
  • No Heating

Additional Features

  • Laundry in unit
  • Outdoor Grill

Listing and Financial Details

  • Legal Lot and Block 1200 / 02058

Community Details

Overview

  • 250 Units
  • High-Rise Condominium
  • Downtown Brooklyn Subdivision
  • 27-Story Property

Amenities

  • Valet Parking

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,540

Year Built

Built in 1929

Lot Details

0

HOA Fees

$1,220 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Downtown Brooklyn
  • Entry Level: 14
  • Structure Type: High Rise, Mixed Use
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 27

Interior Features

  • Fireplace: No
  • Living Area: 1119.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Barbecue

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Parking Features: Garage, Valet

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, In Unit
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1220.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 0.580000x0.000000

Building Info

  • New Construction: No
  • Units: 250
  • Total Stories: 27
  • Year Built: 1929

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 02058
  • Tax Lot: 1200
  • Tax Annual: 12540.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2024
Closed on
Aug 28, 2024
Sold by
Cheng May and Shaffer Jeffrey
Bought by
Luan Donghui
Seller's Agent
Eugene Liu
Compass
List Price
$1,095,000
Sold Price
$1,030,000
Premium/Discount to List
-$65,000
-5.94%
Views
27
Current Estimated Value
$1,081,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,097
Avg. Annual Appreciation
4.59%

Purchase Details

Listed on
Jan 16, 2018
Closed on
May 18, 2018
Sold by
Howell Jillian D and Hughes Keenan M
Bought by
Cheng May and Shaffer Jeffrey
Seller's Agent
Terry Naini
Brown Harris Stevens Residential Sales LLC
List Price
$1,150,000
Sold Price
$1,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.74%
Original Mortgage
$920,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2012
Sold by
Metrotech Llc I and % Rosen Livingston & Cholst Llp
Bought by
Howell Jillian D and Hughes Keenan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.01%
Mortgage Type
New Conventional
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
Luan Donghui $1,030,000 --
Cheng May $1,150,000 --
Cheng May $1,150,000 --
Howell Jillian D $670,000 --
Howell Jillian D $670,000 --
Howell Jillian D $670,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cheng May $920,000
Previous Owner Howell Jillian D $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2024 08/28/24 Sold $1,030,000 -5.9% $920 / Sq Ft
08/03/2024 08/03/24 Pending -- -- --
06/25/2024 06/25/24 For Sale $1,095,000 -4.8% $979 / Sq Ft
05/18/2018 05/18/18 Sold $1,150,000 0.0% $1,028 / Sq Ft
04/18/2018 04/18/18 Pending -- -- --
01/16/2018 01/16/18 For Sale $1,150,000 -- $1,028 / 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 $15,210 $132,689 $15,246 $117,443
2024 $15,210 $131,445 $15,246 $116,199
2023 $13,587 $126,298 $15,246 $111,052
2022 $10,491 $122,040 $15,246 $106,794
2021 $7,685 $109,040 $15,246 $93,794
2020 $2,515 $119,494 $15,246 $104,248
2019 $2,829 $112,166 $15,246 $96,920
2018 $2,194 $109,691 $15,246 $94,445
2017 $1,939 $98,686 $15,246 $83,440
2016 $1,965 $79,668 $15,246 $64,422
2015 -- $71,410 $15,246 $56,164
2014 -- $66,852 $15,246 $51,606
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10974309

Real Estate Board of New York (REBNY)

APN: 02058-1200