NOT LISTED FOR SALE

Estimated Value: $1,274,441 - $1,443,000

2 Beds
2 Baths
1,175 Sq Ft
$930/ mo HOA Fee

Last Sold April 16, 2015

Last sale price $1,040,000 $885 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $8,120/month

Highlights

  • Rooftop Deck
  • Garage
  • South Facing Home
  • Central Air

About This Home

As of April 2015

Come see this exquisite residence located at Schaefer Landing North, a luxury condominium on the East River waterfront in New York City's trendiest neighborhood, Williamsburg Brooklyn.

Boasting a generous 1,175 square feet, this 2 bedroom luxury condo will make you feel right at home. The chef?s kitchen includes a walk around island, stainless steel appliances, granite countertops with a counter high breakfast bar and white cabinetry.

The master bedroom includes a walk-in closet and en-suite marble master bathroom with a double vanity, deep soaking tub, and a separate glass-enclosed shower.

With very low common charges of $930 per month and an existing 421A tax abatement with 13 years remaining, this apartment has very low carrying costs for a luxury condominium.

Schaefer Landing North includes an array of amenities such as a brand new lobby, 24 hour concierge, state of the art fitness center, residents lounge, library and business center, private courtyard, landscaped roof deck and esplanade, parking garage that include multiple zipcars, bike storage and a tax abatement ending in 2032.

One of the only residential complexes that have the East River Ferry located directly adjacent to the building providing a scenic and easy commute to lower and midtown Manhattan, or take the building?s shuttle service to the J,M,Z or L trains for a one stop ride into Manhattan.

Enjoy the convenience of riverfront living that is within close proximity to some of the best restaurants in NYC that reside in South Williamsburg. The redevelopment and transformation of the Southside riverfront offers tremendous upside. Experience the new waterfront Domino Park and coming soon will be over 20,000 SF of new retail space in South Williamsburg. Watch as the communal waterfront promenade expands from Dumbo to Greenpoint. Live in the new epicenter of Brooklyn!

Last Agent to Sell the Property

Frank Carlo

Compass License #10301213726 Listed on: 01/07/2019

Compass

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2005

HOA Fees

  • $930 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 1,175 Sq Ft Home
  • Entry on the 5th floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • South Facing Home
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7503 / 2134

Community Details

Overview

  • Williamsburg Subdivision
  • 24-Story Property

Amenities

  • Community Garden
  • Courtyard

Property Details

Home Type

Condominium

Year Built

Built in 2005

Lot Details

0 Sq Ft Lot

HOA Fees

$930 per month

Listing Details

  • Cross Street: South 10th Street/South 11th Street
  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Williamsburg
  • Entry Level: 5
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 24

Interior Features

  • Living Area: 1175.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Courtyard, Building Garden, Building Roof Deck

Garage/Parking

  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 930.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 24
  • Year Built: 2005

Tax Info

  • Tax Block: 2134
  • Tax Lot: 7503
  • Tax Annual: 72.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2019
Sold by
Holstein Martha M and Lentol Joseph R
Bought by
Desai Rucha and Prabhu Vinay
Current Estimated Value
$1,380,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,043,884
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 7, 2019
Closed on
Apr 16, 2015
Sold by
Ng Yung Yung
Bought by
Holstein Martha M and Holstein Lentoljoseph R
Seller's Agent
Frank Carlo
Compass
List Price
$1,040,000
Sold Price
$1,040,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.63%

Purchase Details

Closed on
Oct 31, 2006
Sold by
Kent North Associates Llc
Bought by
Ng Yung Yung and Tai Hiu Ching
Source: Public Records
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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
Desai Rucha $1,160,000 --
Holstein Martha M $1,040,000 --
Ng Yung Yung $692,410 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Desai Rucha $1,043,884
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2019 03/21/19 Pending -- -- --
01/07/2019 01/07/19 For Sale $1,040,000 0.0% $885 / Sq Ft
04/16/2015 04/16/15 Sold $1,040,000 -- $885 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $69 $118,933 $2,236 $116,697
2024 $69 $107,263 $2,236 $105,027
2023 $67 $105,699 $2,236 $103,463
2022 $67 $104,127 $2,236 $101,891
2021 $66 $99,041 $2,236 $96,805
2020 $69 $100,004 $2,236 $97,768
2019 $69 $93,311 $2,236 $91,075
2018 $70 $92,013 $2,236 $89,777
2017 $70 $91,269 $2,236 $89,033
2016 $71 $81,996 $2,236 $79,760
2015 $55 $68,928 $2,236 $66,692
2014 $55 $59,583 $2,236 $57,347
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10535434

Real Estate Board of New York (REBNY)

APN: 02134-1226

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