NOT LISTED FOR SALE

Estimated Value: $931,000 - $1,085,000

1 Bed
1 Bath
700 Sq Ft
$778/mo HOA Fee

Last Sold July 17, 2022

Last sale price $999,000 $1,427 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,576/month

26 Days on Market

Highlights

  • Rooftop Deck
  • 4-minute walk to Metropolitan Avenue
  • 2-minute walk to Macri Triangle
  • Central Air
  • Garage

About This Home

As of July 2022

4B is a large 700sf, superbly crafted and thoughtfully planned 1-bedroom residence. The home feature oversized windows allowing for great natural light, soaring 10ft ceilings and an emphasis on authentic industrial detail. Satin-finished, white oak floors throughout and an oversized open kitchen is elegant as it is functional. Frosty white and steel wool grey shaker-style cabinets are beautifully accented by white macauba quartzite and pebble classico caesarstone countertops. Extra-long islands provide

abundant space for all your cooking and serving needs while stainless steel appliances from Bosch, Viking and Fischer-Paykel are sure to inspire. The bathroom is contemporary and is finished with Carrera marble floors, soothing, stone grey, porcelain wall tiles, espresso textured cabinets and a Hydro System deep-soaking bathtub for ultimate relaxation.

Amenities at 538 Union include the best of boutique living: a brick and wood grained lobby with seating area, a passenger elevator and a common roof deck with barbecue featuring spectacular Manhattan skyline views for the perfect backdrop while you unwind or entertain.

Transportation options are convenient and plentiful while located between the Bedford Avenue L and Metropolitan Avenue G train stops, as well as a Citi Bike share just a few short blocks away.

421a tax abatement expires in 2028. There is a monthly assessment of $186.67 that expires in April of 2022.

Last Agent to Sell the Property

Ralph Modica

Compass License #10301209350 Listed on: 03/17/2022

Compass

Co-Listed By

Kevin Geloso

Compass License #10301216181

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $504

Year Built

  • Built in 2014

HOA Fees

  • $778 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 700 Sq Ft Home
  • Entry on the 4th floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7 / 2741

Community Details

Overview

  • Williamsburg Subdivision
  • 6-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$504

Year Built

Built in 2014

Lot Details

0

HOA Fees

$778 per month

Listing Details

  • Cross Street: Withers Street/Jackson Street
  • Exposures: North,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Williamsburg
  • Entry Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 700.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

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

Exterior Features

  • Exterior Features: 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: 778.0
  • 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: 6
  • Year Built: 2014

Tax Info

  • Tax Block: 2741
  • Tax Lot: 7
  • Tax Annual: 504.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2022
Closed on
Jul 8, 2022
Sold by
Tung Nora and Tung William
Bought by
Sheehy Daniel and Sheehy Melissa
Seller's Agent
Ralph Modica
Compass
List Price
$949,000
Sold Price
$999,000
Premium/Discount to List
$50,000
5.27%
Current Estimated Value
$1,030,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,957
Avg. Annual Appreciation
0.97%
Original Mortgage
$799,200
Outstanding Balance
$761,262
Interest Rate
5.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$269,695

Purchase Details

Closed on
Apr 7, 2016
Sold by
Withers Owner Llc
Bought by
Tung Nora and Tung William
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
Sheehy Daniel $999,000 --
Tung Nora $865,512 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheehy Daniel $799,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2022 07/17/22 Sold $999,000 +5.3% $1,427 / Sq Ft
03/17/2022 03/17/22 For Sale $949,000 0.0% $1,356 / Sq Ft
06/09/2019 06/09/19 Rented -- -- --
05/10/2019 05/10/19 Under Contract -- -- --
04/14/2016 04/14/16 For Rent $3,295 -- --
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 $3,988 $78,563 $2,596 $75,967
2024 $3,988 $76,577 $2,596 $73,981
2023 $2,210 $73,213 $2,596 $70,617
2022 $517 $72,135 $2,596 $69,539
2021 $508 $68,081 $2,596 $65,485
2020 $508 $77,098 $2,596 $74,502
2019 $527 $77,208 $2,596 $74,612
2018 $536 $73,210 $2,596 $70,614
2017 $536 $73,363 $2,596 $70,767
2016 $549 $68,570 $2,595 $65,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10783382

Real Estate Board of New York (REBNY)

APN: 02741-1009