NOT LISTED FOR SALE

Estimated Value: $946,587 - $1,453,000

1 Bed
1 Bath
723 Sq Ft
$794/mo HOA Fee

Last Sold October 22, 2018

Last sale price $1,095,000 $1,515 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,535/month

104 Days on Market

Highlights

  • Newly Remodeled
  • Rooftop Deck
  • Pre War Building
  • P.S. 34 Oliver H Perry Rated A-
  • City View
  • 2-minute walk to McCarren Park

About This Home

As of October 2018

Bright, airy, & chic one-bedroom condo with 559 SF Rooftop Terrace and Unobstructed, Protected Views of the New York City Skyline and McCarren Park.Welcome home to the IKON Condominium on McCarren Park in Williamsburg Northside Prime! Real estate taxes are abated for another 6 years!Enjoy intimate views of the sunset against a picturesque backdrop of McCarren Park and the Midtown Manhattan from the living room, bedroom and private outdoor living space. Enter the spacious 723 SF home and be greeted by nearly ~10 ft. high ceilings, solid 4" Brazilian walnut wood floors and floor-to-ceiling double-paned windows facing West. The spiral staircase in the foyer leads up and out onto a massive roof terrace dedicated to Unit 4F. The U-shaped chef's kitchen is outfitted with custom European cabinetry and sleek built-in appliances (including dishwasher) from Sub-Zero, and Miele and caesarstone counters. The breakfast bar seating & island is completely open to an expansive living room. Another wall of west-facing windows lights up the ~12.5 ft. X 11 ft. bedroom. It has a walk-in closet and entry into the spa-like bathroom which is outfitted in Italian porcelain and limestone and features a custom vanity and deep soaking tub. In-unit washer/dryer & central air completes the home.The IKON is a full-service condominium featuring 24-hr concierge, two elevators, fitness center, storage, common roof top w. community grill and bike storage. McCarren Park & Recreation Center is conveniently across the street and The Bedford/Lorimer L & Nassau G subway lines are all merely minutes away. The best of what Williamsburg offers including world-class restaurants, cafes, major retailers, shops & services are all right our the doorsteps. J-51 Abatement ends June 2024....

Last Agent to Sell the Property

Evan Church

Corcoran Group License #30CH1028181 Listed on: 06/09/2018

Corcoran Group

Co-Listed By

Chris Cavorti

Corcoran Group License #10301206385

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,595

Year Built

  • Built in 1900 | Newly Remodeled

HOA Fees

  • $794 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Pre War Building
  • Entry on the 4th floor

Interior Spaces

  • 723 Sq Ft Home
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Terrace
  • Central Air

Listing and Financial Details

  • Tax Block 202

Community Details

Overview

  • 48 Units
  • The Ikon Condos
  • Williamsburg Subdivision
  • 9-Story Property

Amenities

  • Rooftop Deck
  • Building Terrace
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,595

Year Built

Built in 1900 | Newly Remodeled

Lot Details

0

HOA Fees

$794 per month

Listing Details

  • Cross Street: Lorimer Street & Leonard Street
  • Exposures: North,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Williamsburg
  • Architectural Style: Prewar
  • Entry Level: 4
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 9

Interior Features

  • Interior Features: Eat-in Kitchen
  • Living Area: 723.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 794.05
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 50.0 x 240.0

Building Info

  • New Construction: Yes
  • Building Name: The Ikon
  • Units: 48
  • Total Stories: 9
  • Year Built: 1900

Tax Info

  • Tax Block: 202

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2018
Closed on
Oct 22, 2018
Sold by
Bull Jesse
Bought by
Tak Hyejin
Seller's Agent
Evan Church
Corcoran Group
List Price
$1,095,000
Sold Price
$1,095,000
Current Estimated Value
$1,164,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,647
Avg. Annual Appreciation
0.88%
Original Mortgage
$930,750
Outstanding Balance
$813,471
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$351,176

Purchase Details

Closed on
Jun 19, 2008
Sold by
Bayard Apartments Llc
Bought by
Bull Jesse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.01%
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
Tak Hyejin $1,095,000 --
Bull Jesse $695,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tak Hyejin $930,750
Previous Owner Bull Jesse $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2018 10/22/18 Sold $1,095,000 0.0% $1,515 / Sq Ft
09/22/2018 09/22/18 Pending -- -- --
06/09/2018 06/09/18 For Sale $1,095,000 -- $1,515 / 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 $7,595 $72,693 $6,520 $66,173
2024 $7,595 $72,329 $6,520 $65,809
2023 $4,854 $68,860 $6,520 $62,340
2022 $3,289 $68,697 $6,520 $62,177
2021 $1,709 $43,610 $6,520 $37,090
2020 $271 $49,324 $6,520 $42,804
2019 $0 $49,324 $6,520 $42,804
2018 $829 $38,793 $6,519 $32,274
2017 $829 $36,037 $6,520 $29,517
2016 $841 $33,683 $6,520 $27,163
2015 -- $33,373 $6,520 $26,853
2014 -- $31,600 $6,520 $25,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10434410

Real Estate Board of New York (REBNY)

APN: 02721-1442