$1,399,000
OPEN SUN 1PM - 2:30PM

Estimated payment $8,533/month

2 Beds
2 Baths
940 Sq Ft
$1,488 Price per Sq Ft

Highlights

  • City View
  • Balcony
  • Central Heating and Cooling System
  • Wood Flooring
  • Recessed Lighting
  • 2-minute walk to William Sheridan Playground

About This Home

Key points for this convertible two bedroom include:

- 10 years remaining on 421a tax abatement
- Heat, hot water and cooking gas are included in common charges
- Purchase from original owner

The Factory Lofts Condominium is a classic adaptive reuse of an early 20th century commercial building, built in 1910. A true nod to Williamsburg's industrial past, the original factory was once the longtime site of Newco Ironworks, specializing in custom steel structural and ornamental Ironwork design. Converted to the Factory Lofts Condominium in 2010, the brick facade was restored to its original glory, incorporating oversized timber columns in the main lobby and added a vertical extension to the building.

The Grand Ferry and Domino waterfront parks are right around the corner along with both the North and South Williamsburg East River Ferry stops. Factory Lofts offers a common roof deck with incredible City views.

Listing Agent

Alex Gandelman

Compass License #10301205143 Listed on: 09/25/2025

Compass

Open House Schedule

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $468

Year Built

  • Built in 1910

HOA Fees

  • $1,076 Monthly HOA Fees

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 940 Sq Ft Home
  • Recessed Lighting
  • Wood Flooring
  • City Views
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Balcony
  • South Facing Home
  • Central Heating and Cooling System

Community Details

  • 21 Units
  • Williamsburg Subdivision
  • 6-Story Property

Listing and Financial Details

  • Legal Lot and Block 1019 / 02378

Property Details

Home Type

Condominium

Est. Annual Taxes

$468

Year Built

Built in 1910

Lot Details

0

HOA Fees

$1,076 per month

Listing Details

  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Williamsburg
  • Entry Level: 4
  • Structure Type: Multi Family
  • Special Features: OpenHouse
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Interior Features: Recessed Lighting
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 940.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • View: Bridge(s), City
  • View: Yes
  • Exterior Features: Balcony, Private Outdoor Space Under 60 Sqft
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: In Unit, See Remarks
  • Green Building Features: Elevator(s)
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Central
  • Heating: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1076.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 0.140000x0.000000

Building Info

  • New Construction: No
  • Units: 21
  • Total Stories: 6
  • Year Built: 1910

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 02378
  • Tax Lot: 1019
  • Tax Annual: 468.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2025 09/25/25 For Sale $1,399,000 -- $1,488 / Sq Ft
Source: Real Estate Board of New York (REBNY)

About the Listing Agent

Alex Gandelman

Compass

(917) 775-0780

Section Image

Alex entered the brokerage world soon after graduating with a degree in Finance and Business Management. After 14 years with his first agency, Alex and his team jumped at the opportunity to join Compass in 2018 to be at the forefront of technology in real estate services.

Alex has served as a project manager for countless new developments/conversions including 149 Huron Street (Greenpoint), 118 Greenpoint Avenue (Greenpoint), 875 Saint Mark's Avenue (Crown Heights), 156 Broadway

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    Key points for this convertible two bedroom include: - 10 years remaining on 421a tax abatement - Heat, hot water and cooking gas are included in common charges - Purchase from original owner The Factory Lofts Condominium is a classic adaptive reuse of an early 20th century commercial building, built in 1910. A true nod to Williamsburg's industrial past, the original factory was once the longtime

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20050909

Real Estate Board of New York (REBNY)