NOT LISTED FOR SALE

Estimated Value: $1,677,912 - $2,162,000

1 Bed
2 Baths
1,245 Sq Ft
$774/mo HOA Fee

Last Sold September 12, 2014

Current estimated payment $12,568/month

148 Days on Market

About This Home

As of September 2014

This striking home embodies the essence of Williamsburg living in a true loft conversion equipped with today's modern amenities, a rare offering. With soaring 13' ceilings and a wide open Living/Dining and Kitchen, this newly renovated penthouse apartment really has it all: over 1000 square feet of private rooftop terrace with open views, 1245 square feet of interior space and a brand new kitchen outfitted with top of the line wine cooler, Subzero refrigerator, Viking range and Bosch dishwasher, oversized LG washer and dryer in the apartment and a dedicated storage unit.

Centrally located just steps from the Bedford Avenue L train and all the best Williamsburg restaurants, shopping, entertainment and parks, 55 Berry Street is the premiere full service building with a 24 hour doorman, a huge gym and beautiful common roof deck. J-51 tax abatement through 2022 and low common charges make this a great buy for both users and investors. CONTRACT SIGNED.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,482

Year Built

  • Built in 1916

HOA Fees

  • $774 Monthly HOA Fees

Home Design

  • 1,245 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Community Details

  • 45 Units
  • Berry Street Lofts Condos
  • Williamsburg Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,482

Year Built

Built in 1916

Lot Details

0

HOA Fees

$774 per month

Listing Details

  • Exposures: East,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Williamsburg
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Living Area: 1245.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Bathrooms Integer: 2
  • Bedrooms: 1

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 774.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Building Name: BERRY STREET LOFTS
  • Units: 45
  • Year Built: 1916

Tax Info

  • Tax Block: NA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2023
Sold by
Giresi Frank and Lapiner-Giresi Natasha
Bought by
White Matthew
Current Estimated Value
$1,927,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,173,728
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$758,012

Purchase Details

Listed on
Mar 18, 2014
Closed on
Sep 11, 2014
Sold by
Espinoza Oswald and Pang Karen
Bought by
Giresi Frank and Lapiner-Giresi Natasha
List Price
$1,695,000

Purchase Details

Closed on
May 10, 2012
Sold by
Williams Zachary P
Bought by
Espinoza Oswald and Pang Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2011
Sold by
Faden Joel and Tenenbaum Stephen
Bought by
Williams Zachary P

Purchase Details

Closed on
Aug 17, 2007
Sold by
Berry Complex Llc
Bought by
Faden Trustee Joel and The Title Holding Trust
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
White Matthew $1,999,000 --
Giresi Frank $1,610,000 --
Espinoza Oswald $1,100,000 --
Williams Zachary P -- --
Faden Joel $500,000 --
Faden Trustee Joel $1,028,432 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Matthew $1,200,000
Previous Owner Espinoza Karen $100,000
Previous Owner Espinoza Oswald $880,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2014 09/12/14 Sold -- -- --
08/13/2014 08/13/14 Pending -- -- --
03/18/2014 03/18/14 For Sale $1,695,000 -- $1,361 / 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 $15,482 $149,869 $8,900 $140,969
2024 $15,482 $147,331 $8,900 $138,431
2023 $12,420 $138,365 $8,900 $129,465
2022 $9,785 $131,231 $8,900 $122,331
2021 $7,008 $95,200 $8,900 $86,300
2020 $2,471 $107,084 $8,900 $98,184
2019 $1,815 $101,711 $8,900 $92,811
2017 $1,132 $78,098 $8,901 $69,197
2016 $1,147 $52,373 $8,900 $43,473
2015 -- $47,226 $8,900 $38,326
2014 -- $45,697 $8,900 $36,797
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10087552

Real Estate Board of New York (REBNY)

APN: 02297-1044