NOT LISTED FOR SALE

Estimated Value: $1,387,000 - $1,564,404

3 Beds
2 Baths
1,121 Sq Ft
$577/mo HOA Fee

Last Sold July 16, 2024

Last sale price $1,375,000 $1,227 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $8,431/month

32 Days on Market

Highlights

  • 6,000 Sq Ft lot
  • South Facing Home
  • 4-minute walk to Martinez Playground and Skatepark
  • Central Heating and Cooling System

About This Home

As of July 2024

Welcome to unit three at 61 Stagg Street: A full-floor three bedroom home with a private rooftop terrace nestled on a quiet, tree lined block. This home features a spacious, sun drenched living, dining and kitchen area perfectly proportioned for a dining table and large sofa. The open kitchen offers plenty of space for cooking on the Caesarstone Quartz countertops and full-size stainless steel appliances. A washer/dryer and large storage closet sits just off of the kitchen. Down the hall, you will find three generously-sized bedrooms, two with floor to ceiling windows and a third bedroom that can function as an office, nursery, kids room, you name it! The primary bedroom has two large closets and an on-suite bathroom. A second bathroom with a deep soaking tub is ideally located between the bedrooms and living room.

The large, private rooftop terrace is not to be missed! With sweeping skyline views, this is the perfect spot to unwind after a long day and watch those beautiful Williamsburg sunsets. The roof deck is ideal for entertaining, with room for seating, a dining table, and grill. Enjoy gardening in your own private oasis.

The low monthlies and taxes, due to a 421a Tax Abatement, make this a savvy investment with much lower carrying costs than one would typically see with a unit of this size.

*Please note this is a legal two bedroom unit with a third bonus room.

Last Agent to Sell the Property

Katherine Kennedy

Brick & Mortar LLC License #10401346368 Listed on: 04/07/2024

Co-Listed By

Rolan Sereny

Brick & Mortar LLC License #10301222608

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $420

Year Built

  • Built in 2003

Lot Details

  • 5,663

HOA Fees

  • $577 Monthly HOA Fees

Home Design

  • 1,121 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Laundry in unit
  • South Facing Home
  • Central Heating and Cooling System

Community Details

  • 6 Units
  • Williamsburg Subdivision

Listing and Financial Details

  • Property Available on 4/7/24
  • Legal Lot and Block 7501 / 3023

Property Details

Home Type

Condominium

Est. Annual Taxes

$420

Year Built

Built in 2003

Lot Details

0

HOA Fees

$577 per month

Listing Details

  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Williamsburg
  • Structure Type: Multi Family
  • ResoPropertyType: Residential
  • Pets No Pets Comments: Call Listing Agent
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Living Area: 1121.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 3

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Central
  • Heating: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 577.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 6000.0
  • Lot Size Dimensions: x

Building Info

  • New Construction: No
  • Units: 6
  • Year Built: 2003

Rental Info

  • Available Date: 2024-04-07

Tax Info

  • Tax Block: 3023
  • Tax Lot: 7501
  • Tax Annual: 420.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2024
Closed on
Jul 16, 2024
Sold by
Nisson Lee and Romm-Nisson Rachel
Bought by
Moore Eric and Tabatchnick Ruth
Seller's Agent
Katherine Kennedy
Brick & Mortar LLC
List Price
$1,375,000
Sold Price
$1,375,000
Current Estimated Value
$1,474,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,851
Avg. Annual Appreciation
5.77%
Original Mortgage
$975,000
Outstanding Balance
$963,355
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$511,496

Purchase Details

Listed on
Sep 7, 2019
Closed on
Apr 17, 2020
Sold by
Yiu Cyrus K
Bought by
Nisson Lee and Romm-Nisson Rachel
Seller's Agent
Marvin Chu
Corcoran Group
List Price
$1,265,000
Sold Price
$1,220,000
Premium/Discount to List
-$45,000
-3.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.85%
Original Mortgage
$976,000
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2006
Sold by
61Stagg Plaza Llc
Bought by
Yiu Cyrus K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage
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
Moore Eric $1,375,000 --
Nisson Lee $1,220,000 --
Nisson Lee $1,220,000 --
Yiu Cyrus K $605,000 --
Yiu Cyrus K $605,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Eric $975,000
Previous Owner Nisson Lee $976,000
Previous Owner Yiu Cyrus K $484,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/16/2024 07/16/24 Sold $1,375,000 0.0% $1,227 / Sq Ft
05/09/2024 05/09/24 Pending -- -- --
04/07/2024 04/07/24 For Sale $1,375,000 +12.7% $1,227 / Sq Ft
04/17/2020 04/17/20 Sold $1,220,000 -3.6% $1,088 / Sq Ft View Prior Sale
03/18/2020 03/18/20 Pending -- -- --
09/07/2019 09/07/19 For Sale $1,265,000 -- $1,128 / 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 $420 $315,815 $5,073 $310,742
2024 $420 $310,488 $5,073 $305,415
2023 $412 $273,115 $5,073 $268,042
2022 $411 $268,380 $5,073 $263,307
2021 $412 $257,049 $5,073 $251,976
2020 $202 $299,412 $5,073 $294,339
2019 $420 $299,412 $5,073 $294,339
2018 $427 $121,599 $2,238 $119,361
2017 $427 $112,593 $2,407 $110,186
2016 $433 $104,253 $2,528 $101,725
2015 -- $104,253 $3,033 $101,220
2014 -- $101,021 $3,365 $97,656
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10966294

Real Estate Board of New York (REBNY)

APN: 03023-1304