NOT LISTED FOR SALE

57 Front St Unit 301 Brooklyn, NY 11201

DUMBO Neighborhood

Estimated Value: $1,229,757 - $1,561,000

1 Bed
1 Bath
990 Sq Ft
$787/mo HOA Fee

Last Sold January 31, 2022

Last sale price $1,125,000 $1,136 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $9,122/month

38 Days on Market

Highlights

  • Rooftop Deck
  • South Facing Home
  • 5-minute walk to Hillside Dog Park
  • City View
  • High-Rise Condominium

About This Home

As of January 2022

As experienced brokers for over 15 years, we are used to seeing many apartments, however once in a while you come into an apartment and immediately know that it's really special. This is one of those special homes and not just another 1 bedroom. Unit 301 at 57 Front Street in prime DUMBO is the epitome of that rare ultra-massive 1-bedroom home that you yearn for. Upon entering living and dining area, you're greeted by a 33' deep and 30' wide space adorned with rich details like a rustic exposed brick column, warm maple floors, calming southern light and lofty ceilings. The expansive space at over 990 Square feet can easily be converted to have an extra home office or keep it open to fit your needs.The renovated spacious open concept chef's kitchen is located perfectly. It's well equipped with high-end appliances like a Sub-Zero refrigerator, Bosch oven, cook-top and dishwasher and features a ton of much-needed counter space and storage. The best part about this kitchen is that it has a separate island so you can enjoy a morning coffee or entertain in style.As if the living space wasn't large enough, this incredible home also has a real south-facing king-sized bedroom with plenty of space for additional furniture. The oversized windows frame the tree-lined streets perfectly and come with automatic blackout blinds. Having both a spacious bedroom and living room is a true rarity compared to the cramped one beds that we mostly see. The gorgeous spa-like bathroom has been newly-renovated and has top-tier matte black Moen fixtures and a double-vanity with elegant teakwood.Situated in the heart of DUMBO, 57 Front Street, originally a 1899 warehouse, is a boutique condominium building with a part-time doorman, fitness room, storage room, bike room, central laundry room, a newly renovated lobby and a common area roof deck. The location doesn't get any better as this is the quiet section of DUMBO while being close to everything. Stroll past the cobblestone streets then head right into scenic Brooklyn Bridge Park. Incredible restaurants, cafes, galleries and boutiques abound and it's all conveniently located with tons of transportation options, F/A/C/2/3 subways and the Water Street Ferry. This gem of a home won't last! Contact us directly for a private viewing.

Last Agent to Sell the Property

Dayin Chen

Corcoran Group License #10401314691 Listed on: 10/19/2021

Corcoran Group

Co-Listed By

Behzad Amiri

Corcoran Group License #10401224074

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,808

Year Built

  • Built in 1899

HOA Fees

  • $787 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 990 Sq Ft Home
  • City Views
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • South Facing Home
  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 1210 / 00036

Community Details

Overview

  • 31 Units
  • High-Rise Condominium
  • River Front Condos
  • Dumbo Subdivision
  • 7-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,808

Year Built

Built in 1899

Lot Details

0

HOA Fees

$787 per month

Listing Details

  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: DUMBO
  • Entry Level: 3
  • Structure Type: High Rise
  • Pets No Pets Comments: pets welcome,Building Pets Allowed Comments:pets welcome
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 990.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Roof Deck
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Building In Basement
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 787.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Building Name: RIVER FRONT
  • Units: 31
  • Total Stories: 7
  • Year Built: 1899

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 00036
  • Tax Lot: 1210
  • Tax Annual: 8808.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2021
Closed on
Jan 31, 2022
Sold by
Drabkin Daniel
Bought by
Ahluwalia Ranjeet
Seller's Agent
Dayin Chen
Corcoran Group
List Price
$1,149,000
Sold Price
$1,125,000
Premium/Discount to List
-$24,000
-2.09%
Current Estimated Value
$1,360,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,689
Avg. Annual Appreciation
4.88%
Original Mortgage
$253,748
Outstanding Balance
$234,754
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,125,935

Purchase Details

Closed on
Oct 21, 2019
Sold by
Drabkin Daniel and Wai Tsui Chi
Bought by
Drabkin Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,029
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 27, 2014
Closed on
Jul 1, 2014
Sold by
Dressler Shana
Bought by
Drabkin Daniel and Tsui Chi Wai
List Price
$995,000
Sold Price
$995,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.76%
Original Mortgage
$732,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 2006
Sold by
57 Front Street Llc
Bought by
Dressler Shana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Ahluwalia Ranjeet $1,125,000 --
Ahluwalia Ranjeet $1,125,000 --
Ahluwalia Ranjeet $1,125,000 --
Drabkin Daniel $650,971 --
Drabkin Daniel $650,971 --
Drabkin Daniel $650,971 --
Drabkin Daniel $915,000 --
Drabkin Daniel $915,000 --
Dressler Shana $576,330 --
Dressler Shana $576,330 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahluwalia Ranjeet $253,748
Closed Ahluwalia Ranjeet $253,748
Previous Owner Drabkin Daniel $84,029
Previous Owner Drabkin Daniel $732,000
Previous Owner Dressler Shana $415,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/11/2024 01/11/24 Off Market $1,149,000 -- --
01/31/2022 01/31/22 Sold $1,125,000 -2.1% $1,136 / Sq Ft
11/26/2021 11/26/21 Pending -- -- --
10/19/2021 10/19/21 For Sale $1,149,000 +15.5% $1,161 / Sq Ft
07/28/2014 07/28/14 Sold $995,000 0.0% $995 / Sq Ft View Prior Sale
06/28/2014 06/28/14 Pending -- -- --
02/27/2014 02/27/14 For Sale $995,000 -- $995 / 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 $13,365 $130,135 $3,429 $126,706
2024 $13,365 $125,350 $3,429 $121,921
2023 $12,191 $129,930 $3,429 $126,501
2022 $10,800 $113,562 $3,429 $110,133
2021 $8,804 $82,047 $3,429 $78,618
2020 $3,715 $94,260 $3,429 $90,831
2019 $6,075 $77,094 $3,429 $73,665
2014 $2,132 $49,964 $3,429 $46,535
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10931963

Real Estate Board of New York (REBNY)

APN: 00036-1210