NOT LISTED FOR SALE

Estimated Value: $2,395,000 - $3,171,576

4 Beds
3.5 Baths
2,447 Sq Ft
$1,728/mo HOA Fee

Last Sold December 01, 2021

Last sale price $3,750,000 $1,532 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $19,070/month

164 Days on Market

Highlights

  • Rooftop Deck
  • 3-minute walk to High Street
  • Terrace
  • River View
  • Pre War Building
  • 3-minute walk to Susan Smith McKinney Steward Park

About This Home

As of December 2021

PRIVATE ROOFTOP CABANA AVAILABLE FOR ADDITIONAL PURCHASE.

Located on the southwestern corner of the 70 Washington Street Condominium is this sprawling and sun-drenched home. This timelessly designed & expertly executed combination loft provides views of the Statue of Liberty, NYC Skyline, Brooklyn Bridge, Downtown Brooklyn and East River. This beautifully renovated approx. 2,447 sq.ft, 3 bedrooms, plus a home office, 3.5 baths home includes a private cabana which will definitely fulfill most of everyone's wish list. The west facing, must see private cabana is approx. 518 sq.ft and is professionally designed with a large mounted flat screen (exterior) television, Wi-Fi, lighting, irrigated custom planters and built-in storage puts the cherry on the top of this spectacular loft.

Surrounded by over-sized windows with the addition of city quiet windows throughout, 11+/- high concrete beamed ceilings, and an open floorplan with the living/dining/family rooms is perfectly situated for entertaining or for everyday living. The gourmet chefs kitchen features SubZero Refrigerator, 2 wine refrigerators, Miele dishwasher, Thermador oven, Viking cook-top, a large center island and an additional wall of custom cabinetry with stone counter-tops. The family room or media room has a wall of disappearing wood & glass doors which is perfect for separating media activities from everyone else.

The en-suite Primary bedroom is highlighted with custom closets and built-ins which creates abundance of storage and the en-suite bath includes a separate tub, shower, double sinks and large custom vanity. A split floorplan creates separation of the two generously sized bedrooms which both have double door closets. The home office/den is directly adjacent to the foyer. To round out this amazing home is the entry foyer with a built-in bench and closets, a large laundry room with 2 sets of stackable Miele washers/dryers, custom cabinetry with counter-tops and a sink. Also there is a large separate walk-in storage room creating a place for everything. *Please note there is a capital assessment which ends on December 31, 2023 at $788.70 per month.

70 Washington Street Condominium amenities include 24-hr concierge, package room, gym, and a large common area roof deck. Celebrated for its architecture, DUMBO features charming Belgian block streets, Empire Stores, restaurants, cozy cafes, art galleries, and much more. Close proximity to A/C/F trains and the water ferry which is located in Brooklyn Bridge Park.

Last Agent to Sell the Property

Karen Heyman Defontes

Sothebys International Realty License #40HE0781079 Listed on: 05/06/2021

Sothebys International Realty

Co-Listed By

Alan Heyman

Sothebys International Realty License #40HE1069794

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $29,544

Year Built

  • Built in 1915

Lot Details

  • 0.72

HOA Fees

  • $1,728 Monthly HOA Fees

Property Views

  • River

Home Design

  • Pre War Building

Interior Spaces

  • 2,447 Sq Ft Home
  • Entrance Foyer
  • Den

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Additional Features

  • Terrace
  • Central Air

Community Details

Overview

  • 259 Units
  • Dumbo / Vinegar Hill Subdivision
  • 13-Story Property

Amenities

  • Rooftop Deck
  • Building Terrace

Property Details

Home Type

Condominium

Est. Annual Taxes

$29,544

Year Built

Built in 1915

Lot Details

0

HOA Fees

$1,728 per month

Listing Details

  • Exposures: South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: DUMBO / Vinegar Hill
  • Architectural Style: Prewar
  • Entry Level: 11
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 13

Interior Features

  • Interior Features: Den, Entrance Foyer
  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 2447.0
  • Living Area Units: Square Feet
  • Rooms (Total): 7
  • Dining Room Type: Den

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 4

Exterior Features

  • View: City, Park/Greenbelt, River
  • View: Yes
  • Exterior Features: Building Roof Deck
  • Patio/Porch Features: Building Terrace, Terrace

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1728.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Area: 31200.0
  • Lot Size Dimensions: 274.0 x 113.1

Building Info

  • New Construction: No
  • Units: 259
  • Total Stories: 13
  • Year Built: 1915

Tax Info

  • Tax Block: 0
  • Tax Annual: 29544.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Nov 23, 2021
Sold by
Kirscht Benjamin and Kirscht Rachel
Bought by
Allen Timothy and Allen Utaukwa
Seller's Agent
Karen Heyman Defontes
Sothebys International Realty
List Price
$3,995,000
Sold Price
$3,750,000
Premium/Discount to List
-$245,000
-6.13%
Current Estimated Value
$2,701,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,048,141
Avg. Annual Appreciation
-8.38%

Purchase Details

Closed on
Dec 27, 2011
Sold by
Friend Grace E and Friend Ian
Bought by
Kirscht Benjamin and Kirscht Rachel

Purchase Details

Closed on
Apr 11, 2006
Sold by
70 Washington Partners Llc
Bought by
Friend Grace E and Friend Ian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
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
Allen Timothy $3,750,000 --
Kirscht Benjamin $2,025,000 --
Kirscht Benjamin $2,025,000 --
Friend Grace E $1,710,000 --
Friend Grace E $1,710,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Friend Grace E $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2021 12/01/21 Sold $3,750,000 -6.1% $1,532 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $3,995,000 -- $1,633 / 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 $29,043 $258,977 $5,190 $253,787
2024 $29,043 $249,446 $5,190 $244,256
2023 $27,927 $244,793 $5,190 $239,603
2022 $26,186 $238,452 $5,190 $233,262
2021 $19,833 $200,902 $5,190 $195,712
2020 $10,610 $227,931 $5,190 $222,741
2019 $16,304 $226,228 $5,190 $221,038
2018 $12,375 $219,677 $5,190 $214,487
2017 $8,614 $170,043 $5,190 $164,853
2016 $5,649 $100,761 $5,190 $95,571
2015 $1,118 $85,707 $5,190 $80,517
2014 $1,118 $85,707 $5,190 $80,517
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10716526

Real Estate Board of New York (REBNY)

APN: 00045-1205