NOT LISTED FOR SALE

Estimated Value: $1,251,220 - $1,622,000

2 Beds
2 Baths
1,198 Sq Ft
1916 Built

Sale Details

Date Sold: May 23, 2024

Last sale price $1,570,000 $1,311 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $10,456 / mo

47 Days on Market

Highlights

  • City View
  • Children's Playroom
  • South Facing Home
  • Green Building
  • Central Air
  • 4-minute walk to Berry Playground

About This Home

As of May 2024

Discover this captivating, sunlit loft nestled within one of Williamsburg's most iconic buildings. Boasting 2 bedrooms and 2 bathrooms facing south, revel in breathtaking views of Downtown Brooklyn. The thoughtfully designed floor plan showcases an expansive, open chef's kitchen replete with Sub-Zero and Wolf appliances, seamlessly flowing into a spacious living room adorned with pristine Australian Jerre hardwood floors and lofty 13-foot ceilings. Retreat to the king-size master bedroom featuring a custom walk-in closet and an ensuite bathroom boasting a luxurious deep soaking tub, separate oversized shower, and double sink. The second bedroom offers versatile space, perfect for a child's room or a home office, with ample closet space and room for a queen-size bed. Enjoy the convenience of your own in-unit washer-dryer.

Originally a manufacturing hub for guitars, basses, and drums, The Gretsch underwent a stunning transformation in 2003 by renowned architect Karl Fischer, now offering 120 luxurious loft condos. Situated in a full-service luxury building, experience the epitome of urban living just steps away from the heart and soul of Williamsburg. With easy access to Manhattan via the J, M, Z, and L subway lines or the ferry, and close proximity to Domino Park and the vibrant Williamsburg dining scene, every convenience is at your doorstep. Building amenities abound, including a 24-hour doorman, a full-time live-in superintendent, a rooftop deck boasting unparalleled city views, private storage facilities, bike storage, and a children's playroom. Plus, rest assured knowing that the building is pet-friendly, completing the perfect urban retreat.

Last Agent to Sell the Property

Jonathan Aka

Douglas Elliman Real Estate License #10401306944 Listed on: 02/15/2024

Douglas Elliman Real Estate

Last Buyer's Agent

Jonathan Aka

Douglas Elliman Real Estate License #10401306944 Listed on: 02/15/2024

Douglas Elliman Real Estate

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1916

HOA Fees

  • $1,285 Monthly HOA Fees

Home Design

  • Entry on the 12th floor

Interior Spaces

  • 1,198 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed
  • Washer Hookup

Eco-Friendly Details

  • Green Building
  • Smoke Free Home

Additional Features

  • South Facing Home
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 1092 / 02130

Community Details

Overview

  • 130 Units
  • High-Rise Community
  • The Gretsch Condos
  • Williamsburg Subdivision
  • 12-Story Property

Amenities

  • Children's Playroom
  • No Laundry Facilities

Property Details

Home Type

Condominium

Year Built

Built in 1916

Lot Details

0 Sq Ft Lot

HOA Fees

$1,285 per month

Listing Details

  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Williamsburg
  • Entry Level: 12
  • Structure Type: High Rise
  • Pets No Pets Comments: Cats and small / Medium Dogs only,Building Pets Allowed Comments:Cats and small / Medium Dogs only
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Interior Features: Smoke Free
  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 1198.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None, Washer Hookup, In Unit
  • Green Building Features: Common Playroom, Green Building
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1285.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Building Name: THE GRETSCH
  • Units: 130
  • Total Stories: 12
  • Year Built: 1916

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 02130
  • Tax Lot: 1092

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
May 23, 2024
Sold by
Bought by
Seller's Agent
Jonathan Aka
Douglas Elliman Real Estate
Buyer's Agent
Jonathan Aka
Douglas Elliman Real Estate
List Price
$1,650,000
Sold Price
$1,570,000
Premium/Discount to List
-$80,000
-4.85%
Views
54
Current Estimated Value
$1,487,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$82,195
Avg. Annual Appreciation
-2.37%

Purchase Details

Closed on
Jun 20, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,500
Interest Rate
5.73%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in South Williamsburg, NY

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,570,000 --
$758,596 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $400,547
Previous Owner $5,415
Previous Owner $74,500
Previous Owner $74,500
Previous Owner $596,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/23/2024 05/23/24 Sold $1,570,000 -4.8% $1,311 / Sq Ft
02/15/2024 02/15/24 For Sale $1,650,000 -- $1,377 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $11,918 $113,279 $5,099 $108,180
2025 $11,486 $109,570 $5,099 $104,471
2024 $11,486 $102,660 $5,099 $97,561
2023 $9,063 $97,591 $5,099 $92,492
2022 $10,537 $87,697 $5,099 $82,598
2021 $9,705 $79,112 $5,099 $74,013
2020 $4,470 $92,167 $5,099 $87,068
2019 $6,063 $90,980 $5,099 $85,881
2018 $5,726 $80,345 $1,608 $78,737
2017 $4,017 $75,833 $1,608 $74,225
2016 $2,577 $66,255 $1,608 $64,647
2015 -- $54,834 $1,608 $53,226
2014 -- $54,834 $1,608 $53,226
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10961233

Real Estate Board of New York (REBNY)

APN: 02130-1092

Your Personal Tour Guide

Ask me questions while you tour the home.