$1,700,000
SOLD OCT 11, 2019
1 Bed
1.5 Baths
1,333 Sq Ft
$581/mo HOA Fee

Recently Sold

$1,275 Per Sq Ft

6% Below List Price

142 Days on Market

Highlights

  • City View
  • 3-minute walk to High Street
  • Laundry Facilities
  • Pre War Building
  • Central Air
  • 3-minute walk to Susan Smith McKinney Steward Park

About This Home

As of December 2023

PRICE REDUCED! Unique opportunity to own a GLAMOROUS and super chic one bedroom PLUS home office DUMBO LOFT at the authentic loft building at 70 Washington Street and experience true loft living with over-sized industrial windows facing EAST and soaring beamed ceilings OVER 13 FT high. Apartment 12A dazzles you with a magnificent sun-filled great room since the A line boasts the largest living room and kitchen and the 12th floor has by far the highest ceilings in the building. The luxurious 39' long and 16' wide open room is the perfect canvas for contemporary living and is equally suitable for entertaining or displaying your art collection. The loft offers wide open Eastern views with tons of sunlight for every major room. The massive open kitchen with a supersized granite counter top island houses custom made cabinets, open shelves, gleaming stainless steel Subzero, Viking, Thermador and Bosch appliances and impressive amount of storage and counter space. The bedroom is bright and airy and easily accommodates a King sized bed, side tables and a dresser. There are two large closets in the master bedroom suite and the bathroom is also very generous with a huge double sink, three mirrored medicine cabinets, an oversized tub and a separate glass tiled stall shower. The loft also offers a powder room, an extra laundry/storage room with a washer and dryer and and a guest room or interior bedroom. The building provides excellent steam heat and the loft is equipped with a central air conditioning system. 70 Washington Street is located in the prime DUMBO historic waterfront district surrounded by turn of the century historic buildings and is extremely convenient to the A, C and F subways, bus service, direct access to the walkway across the Brooklyn Bridge, countless taxi and other car services and the ferry/water taxi to Manhattan and other parts of Brooklyn. The building possesses a restored landmark facade and a modern architectural lobby with the most welcoming and amazing staff providing 24 hour concierge service. The ultra low common charges and taxes are legendary here. This makes this building appealing as an investment or as your primary home. DUMBO with its beautiful architecture and cobblestone streets is known as a super desirable and lively area to live in with the famous new waterfront expansion of the Brooklyn Bridge Park, the ultra chic Empire Stores building with Cecconi's and many other great restaurants and shops and many notable galleries. It is also known for the artistic presence of top notch creative companies and innovative start-ups and draws many artists and other interesting professionals to this area. There is a monthly assessment of $68.20 in place until December 2019.

Last Agent to Sell the Property

Cornelia Dobrovolsky

Corcoran Group License #30DO0911838 Listed on: 04/21/2019

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,236

Year Built

  • Built in 1915

HOA Fees

  • $581 Monthly HOA Fees

Home Design

  • Pre War Building

Interior Spaces

  • 1,333 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom

Additional Features

  • East Facing Home
  • Central Air

Listing and Financial Details

  • Tax Block 45

Community Details

Overview

  • 259 Units
  • 70 Washington St Condos
  • Dumbo Vinegar Hill Subdivision
  • 13-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,236

Year Built

Built in 1915

Lot Details

0

HOA Fees

$581 per month

Listing Details

  • Cross Street: FRONT STREET and YORK STREET
  • Exposures: East
  • Property SubType: Loft
  • Property Type: Residential
  • Neighborhood: Dumbo - Vinegar Hill
  • Architectural Style: Prewar, Loft
  • Entry Level: 12
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 13

Interior Features

  • Living Area: 1333.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 581.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 113.0 x 274.0

Building Info

  • New Construction: No
  • Building Name: 70 WASHINGTON ST
  • Units: 259
  • Total Stories: 13
  • Year Built: 1915

Tax Info

  • Tax Block: 45
  • Tax Annual: 10236.0

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
1.03%
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: RLS10561974

Real Estate Board of New York (REBNY)

APN: 00045-1221