NOT LISTED FOR SALE

Estimated Value: $1,004,659 - $1,056,000

-- Bed
2 Baths
1,175 Sq Ft
$882/mo HOA Fee

Last Sold August 08, 2023

Last sale price $950,000 $809 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $7,347/month

153 Days on Market

About This Home

As of August 2023

Converted LOFT with the largest living room of all of the loft layout residences in the building. This home comes complete with two home occupancies, two fully renovated bathrooms (one en-suite), a large walk-in closet, an open kitchen with top-of-the-line appliances, washer/dryer and central air conditioning.

BellTel Lofts was originally designed in 1928 by architect Ralph Walker, once deemed Architect of the Century by The New York Times. It was converted to condominiums in 2007 by Beyer Blinder Belle with an extensive amenity package including a 24-hour doorman, live-in super, two common landscaped roof terraces, media lounge, yoga room, fully-equipped gym, children's playroom, business center, bike room and indoor parking & self-storage for an extra fee.

Proximity to eleven subway lines (R, 2/3, Q, B, A/C, F/G and 4/5) only one or two stops to Prospect Park, Fort Greene, Manhattan and a stone's throw to any neighborhood worth visiting, BAM, the Barclay's Center, restaurants and shopping, Downtown Brooklyn has quickly become Brooklyn's most exciting destination. City Point is only two blocks away with the Dekalb Food Hall, Trader Joes, City Target, Lululemon, Alamo Drafthouse Cinema and McNally Jackson Booksellers. Other notable businesses found in Downtown Brooklyn include Circa Brewing Co., SoulCycle, Chelsea Piers and Brooklyn Fare. And let's not forget Gage & Tollner (once the most famous restaurant in Brooklyn) and the ACE Hotel.

Last Agent to Sell the Property

Terry Naini

Brown Harris Stevens Residential Sales LLC License #30NA1012651 Listed on: 01/05/2023

Brown Harris Stevens Residential Sales LLC

Co-Listed By

Emilia Sultan

Brown Harris Stevens Residential Sales LLC License #10401238993

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,856

Year Built

  • Built in 1928

HOA Fees

  • $882 Monthly HOA Fees

Home Design

  • 1,175 Sq Ft Home
  • Pre War Building
  • Entry on the 6th floor

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Community Details

  • 250 Units
  • Belltel Lofts Condos
  • Downtown Brooklyn Subdivision
  • 27-Story Property

Listing and Financial Details

  • Tax Block 02058

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,856

Year Built

Built in 1928

Lot Details

0

HOA Fees

$882 per month

Listing Details

  • Cross Street: Metrotech Roadway & Willoughby Street
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Downtown Brooklyn
  • Architectural Style: Prewar
  • Entry Level: 6
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 27

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 1175.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 882.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: Belltel Lofts
  • Units: 250
  • Total Stories: 27
  • Year Built: 1928

Tax Info

  • Tax Block: 02058
  • Tax Annual: 8856.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2023
Closed on
Aug 8, 2023
Sold by
Neihaus Amanda Robin and Neihaus Eric Z
Bought by
Hirani Ansh and Tanjung Sarah
Seller's Agent
Terry Naini
Brown Harris Stevens Residential Sales LLC
List Price
$1,100,000
Sold Price
$950,000
Premium/Discount to List
-$150,000
-13.64%
Views
58
Current Estimated Value
$1,031,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,415
Avg. Annual Appreciation
3.16%
Original Mortgage
$712,500
Outstanding Balance
$698,061
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$316,156

Purchase Details

Listed on
Feb 23, 2017
Closed on
May 23, 2017
Sold by
Reyes Franklin Antonio and Sibula Julia
Bought by
Neihaus Eric Z and Neihaus Amanda Robin
Seller's Agent
Terry Naini
Brown Harris Stevens Residential Sales LLC
List Price
$1,100,000
Sold Price
$1,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.34%
Original Mortgage
$880,000
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 2007
Sold by
Metrotech Llc 1 and Rosen %
Bought by
Reyes Franklin Antionio and Sibula Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Hirani Ansh $950,000 --
Neihaus Eric Z $1,100,000 --
Reyes Franklin Antionio $600,000 --
Reyes Franklin Antionio $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hirani Ansh $712,500
Previous Owner Neihaus Amanda Robin $6,358
Previous Owner Neihaus Eric Z $880,000
Previous Owner Reyes Franklin A $3,896
Previous Owner Reyes Franklin Antonio $6,979
Previous Owner Reyes Franklin Antionio $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2023 10/02/23 Off Market $950,000 -- --
08/08/2023 08/08/23 Sold $950,000 -5.0% $809 / Sq Ft
06/08/2023 06/08/23 Pending -- -- --
01/31/2023 01/31/23 Price Changed $1,000,000 -9.1% $851 / Sq Ft
01/05/2023 01/05/23 For Sale $1,100,000 0.0% $936 / Sq Ft
05/31/2017 05/31/17 Sold $1,100,000 0.0% $936 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
02/23/2017 02/23/17 For Sale $1,100,000 -- $936 / 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 $11,641 $101,554 $11,669 $89,885
2024 $11,641 $100,602 $11,669 $88,933
2023 $10,227 $96,663 $11,669 $84,994
2022 $8,029 $93,404 $11,669 $81,735
2021 $5,882 $83,454 $11,669 $71,785
2020 $2,665 $91,455 $11,669 $79,786
2019 $2,165 $85,846 $11,669 $74,177
2018 $8,229 $83,952 $11,668 $72,284
2016 $1,200 $60,974 $11,668 $49,306
2015 -- $54,654 $11,669 $42,985
2014 -- $51,165 $11,669 $39,496
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10876842

Real Estate Board of New York (REBNY)

APN: 02058-1077