$1,625,000
SOLD DEC 14, 2023
1 Bed
1.5 Baths
1,333 Sq Ft
$981/mo HOA Fee

Recently Sold

$1,219 Per Sq Ft

6% Below List Price

8 Days on Market

Highlights

  • Wood Flooring
  • 3-minute walk to High Street
  • East Facing Home
  • High Ceiling
  • Central Air
  • 3-minute walk to Susan Smith McKinney Steward Park

About This Home

As of December 2023

Quintessential Dumbo Loft

Enter the inviting foyer and immediately feel a sense of calm in this “oasis in the sky”. Off the foyer, there is a huge storage room with a washer/dryer, a coat closet, and a 1/2 bath (converted to a full bath by some unit owners).

The inviting foyer leads to an expansive great room with an open gourmet kitchen. The voluminous space is nearly 18 feet wide by 40 feet long. The kitchen is every chef’s delight with professional-grade appliances and endless counter space. The living and dining area is perfect for a cozy night for two or a glamorous reception for 30. The primary suite is a true get-away with an oversized bedroom, proper dressing area with large closets, and spa-quality bath. Additionally, there is a substantial home office that has its own large closet and can double as a guest sleeping area. Completing the loft are 13-foot ceilings (the building’s highest), 7-foot oversized windows, environmentally-conscious bamboo floors, and central air.

70 Washington is a full-service condominium building with a 24-hour doorman, full-time building maintenance staff, package room, state-of-the-art fitness center, and gorgeous recently renovated landscaped roof deck with panoramic views of New York City. Located in Dumbo’s historic district, you are surrounded by destination restaurants, shops, galleries, and Brooklyn Bridge Park. Enjoy multiple transportation options with the A/C and F trains (first stop in Brooklyn in each case), NY ferry, and City Bike stations. There is a Capital assessment of $361.73/mo through December 2023.

Last Agent to Sell the Property

Ramzis Hadzhi

Compass License #10401286937 Listed on: 03/17/2023

Compass

Co-Listed By

Martin Eiden

Compass License #10301206241

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,608

Year Built

  • Built in 1916

Lot Details

  • East Facing Home

HOA Fees

  • $981 Monthly HOA Fees

Interior Spaces

  • 1,333 Sq Ft Home
  • High Ceiling
  • Wood Flooring

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Laundry in unit
  • Washer

Utilities

  • Central Air
  • No Heating

Community Details

  • 259 Units
  • High-Rise Condominium
  • Dumbo Subdivision
  • 13-Story Property

Listing and Financial Details

  • Legal Lot and Block 1221 / 00045

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,608

Year Built

Built in 1916

Lot Details

0

HOA Fees

$981 per month

Listing Details

  • Exposures: East
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: DUMBO
  • Entry Level: 12
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 13

Interior Features

  • Interior Features: High Ceilings
  • Appliances: Washer
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 1333.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5
  • Window Features: Double Pane Windows

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Integer: 2
  • Bedrooms: 1

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, In Unit
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 981.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 274.000000x113.100000

Building Info

  • New Construction: No
  • Units: 259
  • Total Stories: 13
  • Year Built: 1916

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 00045
  • Tax Lot: 1221
  • Tax Annual: 13608.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
Dec 14, 2023
Sold by
Fischl Alan L and Mallampalli Durga
Bought by
Booth James I and Booth Paula R
Seller's Agent
Ramzis Hadzhi
Compass
List Price
$1,730,000
Sold Price
$1,625,000
Premium/Discount to List
-$105,000
-6.07%
Views
119
Current Estimated Value
$1,650,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,326
Avg. Annual Appreciation
1.04%
Original Mortgage
$1,218,750
Outstanding Balance
$1,202,419
Interest Rate
7.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$448,747

Purchase Details

Listed on
Apr 21, 2019
Closed on
Oct 11, 2019
Sold by
Cayer Jeffrey W and Peutat Bruno J
Bought by
Fischl Alan L and Mallampalli Durga
Seller's Agent
Cornelia Dobrovolsky
Corcoran Group
List Price
$1,800,000
Sold Price
$1,700,000
Premium/Discount to List
-$100,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.07%
Original Mortgage
$750,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 2005
Sold by
70 Washington Partners Llc
Bought by
Cayer Jeffrey W and Peutat Bruno Jean
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,625,000 --
Deed $1,700,000 --
Deed $1,018,250 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,218,750 Purchase Money Mortgage
Previous Owner $250,000 Unknown
Previous Owner $750,000 Purchase Money Mortgage
Previous Owner $1,023,750 Stand Alone Refi Refinance Of Original Loan
Previous Owner $99,259 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Sold $1,625,000 -6.1% $1,219 / Sq Ft
11/04/2023 11/04/23 Pending -- -- --
10/26/2023 10/26/23 For Sale $1,730,000 +1.8% $1,298 / Sq Ft
10/11/2019 10/11/19 Sold $1,700,000 -5.6% $1,275 / Sq Ft
09/11/2019 09/11/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $1,800,000 -- $1,350 / 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 $18,237 $162,623 $3,262 $159,361
2024 $18,237 $156,638 $3,262 $153,376
2023 $14,468 $153,716 $3,262 $150,454
2022 $11,518 $149,734 $3,262 $146,472
2021 $12,454 $126,156 $3,262 $122,894
2020 $6,663 $143,128 $3,262 $139,866
2019 $10,237 $142,059 $3,262 $138,797
2018 $7,770 $137,945 $3,262 $134,683
2017 $5,409 $106,778 $3,262 $103,516
2016 $3,547 $63,275 $3,263 $60,012
2015 $686 $53,821 $3,262 $50,559
2014 $686 $53,818 $3,262 $50,556
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10944479

Real Estate Board of New York (REBNY)

APN: 00045-1221