NOT LISTED FOR SALE

Estimated Value: $1,429,000 - $1,799,000

2 Beds
2 Baths
-- Sq Ft
$532/mo HOA Fee

Last Sold August 20, 2021

Last sale price $1,699,000

Est. 1% decrease in value since last sale

Current estimated payment $10,887/month

140 Days on Market

Highlights

  • New Construction
  • Cooling Available
  • 4-minute walk to Macri Triangle
  • Pre War Building

About This Home

As of August 2021

Showings by Appointment.

Apartment 3B at 585 Union Avenue is an elegantly appointed two-bedroom home asserting a meticulous blend of edited yet expressive materials, textures and tones. Step out of the elevator and directly into an expansive, versatile open layout that encourages entertainment and leisure. The magnificent living and dining room perfectly opens into an enormous private terrace for indoor-outdoor living, creating an exquisitely curated space.

The gracious living space stylishly unfolds towards the impeccably tailored custom-designed kitchen, featuring a striking hand-selected natural stone slab quartzite countertop with a waterfall mitered edge finish detail and matching backsplash. The tonal depth of this natural stone balances the sleek, Linea D?cor cabinetry and the light warmth of the 8-inch wide oak flooring throughout the home. The spacious, elegant kitchen is equipped with a Fisher Paykel Active Smart refrigerator, Bertazzoni oven, Miele dishwasher, Fisher Paykel vent hood, Miele Pure Line built-in microwave, and Insinkerator garbage disposal. A niche next to the kitchen carves out the perfect space for a home office. The generously apportioned bedroom has sizeable closets and plenty of natural light streaming in from oversized windows. Given equal attention to detail, the luminous bathroom has radiant heated floors, a floating Duravit vanity, wall mounted toilet, recessed Robern medicine cabinet and select porcelain stone flooring and large format porcelain stone from Porcelanosa.

A full-sized washer accompanied by a full size vented and gas-powered dryer are installed, assuring optimal efficiency and capacity. This smart home is delivered equipped with a Control 4 automation system that currently operates temperature and lighting but is easily scalable for future integration of other automated features, such as window shades, audio/video controls and more. A virtual doorman system is paired with exterior cameras, and integrated cameras are in the lobby, elevator and mail room.

The contemporary exterior design makes a sophisticated, modern statement with a dramatic floating illuminated stairwell, while allowing natural light to filter through the building. The time and expense undertaken to utilize ICF materials to construct 585 Union Avenue, almost unheard of in NYC, blends forward-thinking vision and function, offering superior insulation for dramatic energy conservation and noise reduction benefits.

585 Union Avenue is centrally located in Williamsburg, a block away from McCarren Park, with its sprawling 35-acres of ball fields, running track, dog run and newly renovated Olympic size swimming pool. This ideal location also allows for easy access to the best shopping, restaurants, cafes and nightlife in both Williamsburg and Greenpoint: the renowned Lilia restaurant is on the corner. Other neighborhood highlights include Whole Foods, Beco, Radegast Hall & Biergarten, Brooklyn Brewery, the William Vale Hotel, The Brooklyn Bowl, Night of Joy, Lot Radio, and Equinox. Transportation is easy, just minutes away from the Bedford Avenue L, Lorimer St L & G, and Nassau Avenue G subway lines.

Last Agent to Sell the Property

Jessica Peters

Douglas Elliman Real Estate License #10301209015 Listed on: 09/29/2020

Douglas Elliman Real Estate

Co-Listed By

Monica Breese

Compass License #10301217020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,632

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 4,051

HOA Fees

  • $532 Monthly HOA Fees

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling Available

Community Details

  • Williams Subdivision
  • 6-Story Property

Listing and Financial Details

  • Tax Block 2300

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,632

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$532 per month

Listing Details

  • Cross Street: Frost Street/Richardson Street
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: WILLIAMS
  • Architectural Style: Prewar
  • Entry Level: 99
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

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

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 532.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Total Stories: 6
  • Year Built: 2019

Tax Info

  • Tax Block: 2300
  • Tax Annual: 7632.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2020
Closed on
Aug 20, 2021
Sold by
Union Avenue Development Llc
Bought by
Terranova Adam Luke
Seller's Agent
Jessica Peters
Douglas Elliman Real Estate
List Price
$1,699,000
Sold Price
$1,699,000
Current Estimated Value
$1,681,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,091
Avg. Annual Appreciation
0.70%
Original Mortgage
$1,359,200
Outstanding Balance
$1,240,375
Interest Rate
2.7%
Mortgage Type
Unknown
Estimated Equity
$506,904
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Terranova Adam Luke $1,711,785 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Union Avenue Development Llc $1,359,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $1,699,000 0.0% --
02/16/2021 02/16/21 Pending -- -- --
09/29/2020 09/29/20 For Sale $1,699,000 -- --
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 $14,275 $137,011 $20,025 $116,986
2024 $14,275 $114,183 $20,025 $94,158
2023 $8,457 $83,745 $20,025 $63,720
2022 $9,467 $77,377 $20,025 $57,352
2021 $9,492 $77,377 $20,025 $57,352
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10671748

Real Estate Board of New York (REBNY)

APN: 02300-1104