NOT LISTED FOR SALE

Estimated Value: $574,061 - $885,000

-- Bed
1 Bath
555 Sq Ft
$415/mo HOA Fee

Last Sold January 08, 2020

Last sale price $695,000 $1,252 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,945/month

238 Days on Market

Highlights

  • Full Time Concierge
  • Pre War Building
  • 13 Foot Ceilings
  • Kitchen is in excellent condition
  • The community has rules related to allowing pied a terres
  • 4-minute walk to Berry Playground

About This Home

As of January 2020

Amazing opportunity to purchase at The Gretsch, the most coveted loft-conversion condo on the South side of Williamsburg! This alcove studio features 13 foot ceilings, wide-planked oak hardwood floors, an open kitchen and large living space, and an alcove large enough for a king-sized bed. In the over-the-top kitchen you'll find granite countertops, a SubZero Refrigerator, Wolfe Range, and both a Bosch dishwasher, and vented washer/dryer rounds out your appliance package. The apartment has fabulous light and is truly a sanctuary you'll relish coming home to. There is currently a tenant in place through December 2019.

Originally built in 1916 as a musical instrument factory, The Gretsch is now a full service luxury condominium building with loft style apartments and beautiful amenities. The building includes an elegant and dramatic attended lobby, resident's lounge, and newly renovated kids' playroom. Located on arguably the best street in Williamsburg, you're just seconds from such hotspots as Peter Luger's, Meadowsweet, Donna, Baby's Alright, and many more. And the J, M, Z subways trains and East River Ferry are but a few minutes away. *There is currently an MCI assessment in place until summer 2019. Please inquire for further details.

Last Agent to Sell the Property

Sean Brewer

Compass License #10301208496 Listed on: 01/17/2019

Compass

Co-Listed By

Mat Gundell

Compass License #10401233477

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,596

Year Built

  • Built in 1916

Lot Details

  • North Facing Home
  • Property is in excellent condition

HOA Fees

  • $415 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Pre War Building
  • Entry on the 3rd floor

Interior Spaces

  • 1 Full Bathroom
  • 555 Sq Ft Home
  • 13 Foot Ceilings
  • Kitchen is in excellent condition

Listing and Financial Details

  • Legal Lot and Block 7501 / 2130

Community Details

Overview

  • 3 Elevators
  • Williamsburg Subdivision
  • The community has rules related to allowing pied a terres
  • 12-Story Property

Amenities

  • Full Time Concierge
  • Full Time Doorman
  • Full Time Lobby Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,596

Year Built

Built in 1916

Lot Details

0

HOA Fees

$415 per month

Listing Details

  • Cross Street: Wythe Avenue/Berry Street
  • Exposures: North
  • SponsorUnitYN: No
  • BuildingRules: BuildingWasherDryerAllowed, PiedATerreAllowed
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Williamsburg
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Appliances: Washer Dryer
  • Ceiling Height: 13.0
  • Living Area: 555.0
  • Living Area Units: Square Feet
  • Kitchen Condition: Excellent
  • Floor Number: 3

Beds/Baths

  • Bathrooms Total: 1
  • Full Bathrooms: 1

Exterior Features

  • Exterior Features: Building RoofDeck
  • Property Condition: Excellent

Garage/Parking

  • Garage: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 415.0
  • 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
  • New Development: No
  • Elevators: 3
  • Landmark Status: No
  • Total Stories: 12
  • Year Built: 1916
  • Lobby Attendance Type: DoormanFullTime, LobbyAttendantFullTime, ConciergeFullTime

Tax Info

  • Tax Block: 2130
  • Tax Lot: 7501
  • Building Tax Lot: 7501
  • Tax Annual: 1596.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2019
Closed on
Jan 7, 2020
Sold by
Keren Mor Rosenbloom Trustee and Keren Mor Rosenbloom Trustee
Bought by
Weiss Joseph
Seller's Agent
Sean Brewer
Compass
List Price
$695,000
Sold Price
$695,000
Current Estimated Value
$778,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,265
Avg. Annual Appreciation
1.92%
Original Mortgage
$528,000
Outstanding Balance
$468,502
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$305,868

Purchase Details

Listed on
Apr 10, 2018
Closed on
Jun 11, 2018
Sold by
Mor Shalom
Bought by
Mor Pnina F and Mor Shalom
Seller's Agent
Stefanie Barlow
Corcoran Group
Sold Price
$2,500

Purchase Details

Closed on
Apr 15, 2012
Sold by
Mor Assaf and Haim Levanon 11B
Bought by
Mor Shalom and Levitan 2

Purchase Details

Closed on
Mar 3, 2005
Sold by
The Classon Realty Llc
Bought by
Mor Assaf
Source: Public Records

Range of Values:

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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
Weiss Joseph $660,000 --
Weiss Joseph $660,000 --
Mor Pnina F -- --
Mor Pnina F -- --
Mor Pnina F -- --
Mor Pnina F -- --
Mor Shalom -- --
Mor Shalom -- --
Mor Assaf $252,486 --
Mor Assaf $252,486 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weiss Joseph $528,000
Closed Weiss Joseph $528,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2020 01/08/20 Sold $695,000 0.0% $1,252 / Sq Ft
09/13/2019 09/13/19 Pending -- -- --
01/17/2019 01/17/19 For Sale $695,000 0.0% $1,252 / Sq Ft
04/10/2018 04/10/18 For Rent $2,500 -- --
04/10/2018 04/10/18 Rented -- -- --
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 $4,607 $43,954 $2,045 $41,909
2024 $4,607 $41,182 $2,045 $39,137
2023 $3,635 $39,148 $2,045 $37,103
2022 $4,227 $35,179 $2,045 $33,134
2021 $3,893 $31,735 $2,045 $29,690
2020 $1,793 $36,972 $2,045 $34,927
2019 $2,432 $36,496 $2,045 $34,451
2018 $2,297 $32,230 $644 $31,586
2017 $1,611 $30,420 $645 $29,775
2016 $1,033 $26,578 $645 $25,933
2015 -- $21,996 $644 $21,352
2014 -- $21,997 $645 $21,352
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10580342

Real Estate Board of New York (REBNY)

APN: 02130-1024