NOT LISTED FOR SALE

Estimated Value: $961,000 - $1,085,000

1 Bed
1 Bath
820 Sq Ft
$825/mo HOA Fee

Last Sold February 23, 2024

Last sale price $950,000 $1,159 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,206/month

54 Days on Market

Highlights

  • Rooftop Deck
  • The community has rules related to allowing pied a terres
  • Pets Allowed In Building
  • Terrace
  • 14 Foot Ceilings
  • 3-minute walk to Sternberg Park

About This Home

As of February 2024

A spacious 1 bedroom and 1 bathroom unit with 200sqft Terrace for SALE

at a coveted modern loft inspired condominium.

INCLUDED:

1. Indoor Garage Parking #10

2. Private Roof Terrace Area (148 sqft)

3. Large Storage Cage (25 sqft)

Located between the L train for easy access to the waterfront and Union

Square, and the JMZ lines for direct access to the JFK Air-train,

Downtown, Soho and and Midtown. The G line and B48 bus that stops 1

block from the building also provides direct access to Downtown

Brooklyn, Green Point and Long Island City.

Common Charge includes Fios Internet, heat and hot water.

Apartment Features:

Washer/Dryer hookup in unit

14-foot ceilings

A loft space above kitchen

Ample closets

North facing

-able to build a loft space with a closet in the bedroom

Building Features:

Video intercom

Elevator

Gym & Yoga Room

Wifi in public areas

Courtyard

Laundry Room

Bike Storage

421a Tax abatement until 2035!

Last Agent to Sell the Property

Rika Yamazaki

Furumoto Realty of New York City Inc License #10301216108 Listed on: 10/27/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $360

Year Built

  • Built in 2010

Lot Details

  • North Facing Home
  • Property is in excellent condition

HOA Fees

  • $825 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 820 Sq Ft Home
  • 4-Story Property
  • 14 Foot Ceilings
  • Kitchen is in fair condition

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Rooftop Deck
  • Terrace

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7501 / 3032

Community Details

Overview

  • Williamsburg Subdivision
  • The community has rules related to allowing pied a terres

Amenities

  • Rooftop Deck
  • Courtyard
  • Laundry Facilities
  • Community Storage Space

Pet Policy

  • Pets Allowed In Building

Property Details

Home Type

Condominium

Est. Annual Taxes

$360

Year Built

Built in 2010

Lot Details

0

HOA Fees

$825 per month

Listing Details

  • Cross Street: Scholes Street/Stagg Street
  • Exposures: North
  • SponsorUnitYN: No
  • BuildingRules: PiedATerreAllowed, BuildingWasherDryerAllowed
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Williamsburg
  • Structure Type: Loft
  • ResoPropertyType: Residential
  • BuildingPetsAllowed: BuildingYes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Ceiling Height: 14.0
  • Living Area: 820.0
  • Living Area Units: Square Feet
  • Kitchen Condition: Fair
  • Floor Number: 2

Beds/Baths

  • Bathrooms Total: 1
  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Roof Deck
  • Patio/Porch Features: Terrace
  • Property Condition: Excellent

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Washer Dryer Install Allowed
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 825.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • New Development: No
  • Total Stories: 4
  • Year Built: 2010
  • Lobby Attendance Type: None
  • Building Laundry Features: CommonArea, WasherDryerInstallAllowed
  • Building Exterior Features: Courtyard, BuildingRoofDeck, Storage

Tax Info

  • Tax Abatement: No
  • Tax Block: 3032
  • Tax Lot: 7501
  • Building Tax Lot: 7501
  • Tax Annual: 360.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2023
Closed on
Feb 23, 2024
Sold by
Butler Scott and Terakoshi Tomoko
Bought by
Mort Michael
Seller's Agent
Rika Yamazaki
Furumoto Realty of New York City Inc
List Price
$990,000
Sold Price
$950,000
Premium/Discount to List
-$40,000
-4.04%
Views
2
Current Estimated Value
$1,013,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,037
Avg. Annual Appreciation
2.48%
Original Mortgage
$760,000
Outstanding Balance
$748,027
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$239,437

Purchase Details

Closed on
Jun 13, 2012
Sold by
Lorimer 390 Llc
Bought by
Butler Scott and Terakoshi Tomoko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,150
Interest Rate
3.78%
Mortgage Type
New Conventional
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
Mort Michael $950,000 --
Mort Michael $950,000 --
Butler Scott $485,706 --
Butler Scott $485,706 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mort Michael $760,000
Closed Mort Michael $760,000
Previous Owner Butler Scott $407,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $950,000 -4.0% $1,159 / Sq Ft
12/20/2023 12/20/23 Pending -- -- --
10/27/2023 10/27/23 For Sale $990,000 -- $1,207 / 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 $366 $115,657 $5,566 $110,091
2024 $366 $111,573 $5,566 $106,007
2023 $360 $100,683 $5,566 $95,117
2022 $359 $93,047 $5,566 $87,481
2021 $360 $82,102 $5,566 $76,536
2020 $177 $91,575 $5,566 $86,009
2019 $370 $95,211 $5,566 $89,645
2018 $373 $89,393 $5,566 $83,827
2017 $373 $93,047 $5,566 $87,481
2016 $378 $91,500 $5,566 $85,934
2015 $295 $75,855 $5,566 $70,289
2014 $295 $65,711 $5,566 $60,145
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10936136

Real Estate Board of New York (REBNY)

APN: 03032-1006