NOT LISTED FOR SALE

Estimated Value: $818,000 - $1,062,000

-- Bed
1 Bath
643 Sq Ft
$595/mo HOA Fee

Last Sold November 06, 2017

Current estimated payment $5,311/month

60 Days on Market

Highlights

  • Rooftop Deck
  • Terrace
  • Central Air
  • City View
  • Entrance Foyer
  • Garage

About This Home

As of November 2017

** ?$100,000 (13%) ?Price ?Improvement! ?** ?Great opportunity for investment with a ?~?4% CAP rate or a fantastic starter home. The ONLY Convertible 1 Bedroom unit under $700k on the waterfront?!

???** Schaefer Landing ** Large Convertible 1 Bedroom with Large Walk-In-Closet, Open Chef?s Kitchen, Washer/Dryer and Manhattan Views in a Full Service, Luxury Building on Williamsburg?s Waterfront ** As you enter the hallway, past the extra spacious bathroom, large walk in closet and pantry, the home opens up into a large, alcove living space which can easily be converted into a FULL SIZED AND FUNCTIONAL one bedroom.

Unique to this unit, the current owners already moved the sprinkler system making this alternate layout even easier! Flanked by oversized windows, the room gets incredible natural sunlight, with views of the river, Manhattan and the Williamsburg Bridge. The chef?s kitchen boasts granite countertops, stainless steel appliances (including a microwave and dishwasher), tons of cabinets and a breakfast bar for entertaining.

Schaefer Landing is among Williamsburg?s newest condominium buildings with an amazing amenity package. Recently renovated, the landscaped roof deck with spectacular views has high speed Wifi, a large gas grill and herb garden. The fitness center, with waterfront views, is open 24 hours and the spacious lounge area, adjacent to the flower garden, can be reserved for private events. It also features a gated security entrance with attendant, live-in-super, 24-hour doorman with concierge service, kids playroom, business center, large library with outdoor courtyard and parking garage with Zipcars for ultra convenience.

Enjoy a private keyed entrance to the dock for the East River Ferry and be in DUMBO, Manhattan, Greenpoint or LIC in minutes for the same price as a subway fare! Transportation also includes the L, J, M, and Z trains as well as a quick and private building shuttle when you don?t want to walk! Although Citibikes are just steps away, residents have private bike storage in the basement.

Schaefer Landing has a unique waterfront location with city views, proximity to numerous parks, Michelin star restaurants, shopping, nightlife and landmarks like Peter Luger's, the farm to table butcher/vegetable stands, Marlow & Daughters, Marlow & sons. Premium retail experiences such as Apple, Whole Foods, and SoulCycle have opened their doors alongside Williamsburg Cinemas, Nitehawk, Brooklyn Bowl, Music Hall of Williamsburg, and the new William Vale Hotel.

With so many great attributes, this is your chance to live in one of the most sought-after buildings in Brooklyn. The building benefits from a 25 year, 421a-Tax abatement expiring in 2032. All of the neighborhood growth, plus the Domino Sugar Factory redevelopment, continues to add value to the building, making it a great investment opportunity.

Last Agent to Sell the Property

Eugene Litvak

Compass License #10301202772 Listed on: 08/08/2017

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $108

Year Built

  • Built in 2004

HOA Fees

  • $595 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 6th floor

Interior Spaces

  • 1 Full Bathroom
  • 643 Sq Ft Home
  • Entrance Foyer

Laundry

  • Dryer
  • Washer

Additional Features

  • Terrace
  • South Facing Home
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7501 / 2134

Community Details

Overview

  • Williamsburg Subdivision
  • 14-Story Property

Amenities

  • Rooftop Deck
  • Community Garden

Property Details

Home Type

Condominium

Est. Annual Taxes

$108

Year Built

Built in 2004

Lot Details

0

HOA Fees

$595 per month

Listing Details

  • Cross Street: South 9th Street/South 10th Street
  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Williamsburg
  • Entry Level: 6
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 14

Interior Features

  • Interior Features: Entrance Foyer, Pantry
  • Appliances: Dryer, Washer
  • Living Area: 643.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Garden, Building Roof Deck
  • Patio/Porch Features: Terrace

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: 595.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 14
  • Year Built: 2004

Tax Info

  • Tax Block: 2134
  • Tax Lot: 7501
  • Tax Annual: 108.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2017
Closed on
Oct 30, 2017
Sold by
Alfonso Ioana and Weiner Daniel
Bought by
Idaly Corp
Seller's Agent
Eugene Litvak
Compass
Current Estimated Value
$900,352

Purchase Details

Closed on
Jul 22, 2008
Sold by
801 Realty Co Llc
Bought by
Wysnewski David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2006
Sold by
Kent South Associates Llc
Bought by
Alfonso Ioana and Weiner Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
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
Idaly Corp $715,000 --
Wysnewski David L $460,000 --
Wysnewski David L $460,000 --
Alfonso Ioana $295,000 --
Alfonso Ioana $295,000 --
Alfonso Ioana $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wysnewski David L $414,000
Previous Owner Alfonso Ioana $236,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2017 11/06/17 Sold -- -- --
10/07/2017 10/07/17 Pending -- -- --
08/08/2017 08/08/17 For Sale -- -- --
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 $49 $55,815 $1,161 $54,654
2024 $49 $60,475 $1,161 $59,314
2023 $48 $56,387 $1,161 $55,226
2022 $48 $49,959 $1,161 $48,798
2021 $48 $47,444 $1,161 $46,283
2020 $24 $53,235 $1,161 $52,074
2019 $49 $49,252 $1,161 $48,091
2018 $50 $46,100 $1,162 $44,938
2017 $50 $47,041 $1,161 $45,880
2016 $50 $39,973 $1,162 $38,811
2015 $39 $39,740 $1,162 $38,578
2014 $39 $37,631 $1,162 $36,469
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10031479

Real Estate Board of New York (REBNY)

APN: 02134-1130