NOT LISTED FOR SALE

Estimated Value: $1,992,000 - $2,408,787

2 Beds
3 Baths
1,650 Sq Ft
0.72 Acres Lot

Sale Details

Date Sold: November 1, 2021

Last sale price $2,425,000 $1,470 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $13,483 / mo

Highlights

  • Bridge View
  • 3-minute walk to High Street
  • Terrace
  • Pre War Building
  • Wood Flooring
  • 3-minute walk to Susan Smith McKinney Steward Park

About This Home

As of June 2024

Welcome to 70 Washington Street, one of DUMBO's most coveted loft-converted condominiums! This highly sought-after two bedroom plus home office, three full bath corner loft with a massive private terrace is situated on the northwest corner of the building. Sunlight shines this home through its wall-to-wall oversized windows, illuminating its features, including 11+/- foot concrete-beamed ceilings, bamboo flooring, and direct access to the incredible outdoor terrace.

The living, dining, and kitchen areas are sprawling and have the perfect space for everyday living or entertaining. The contemporary chef’s kitchen has no shortage of storage with open shelving and cabinetry completed with top-of-the-line appliances such as a SubZero refrigerator, Viking cooktop, Thermador oven, Bosch dishwasher, and a built-in wine fridge.

The well-lit oversized primary bedroom has an abundance of closets that have been custom-fitted and access to the en-suite bath. Spa-like finishes grace the primary bathroom, featuring a double vanity with ample under-the-sink storage, a deep soaking spa-style tub, and a separate glass-enclosed shower. The second bedroom is north-facing, generously sized, and has its own en-suite bathroom. The spacious home office is the perfect multipurpose room suitable for an interior sleeping space, home office, den, home gym, or a combination of all, and is adjacent to the third full bathroom almost acting as its own en-suite.

Rounding out this unit is a laundry room with a Bosch washer/dryer with additional storage, a gracious foyer with two double-door entry closets, and central air conditioning.

70 Washington Street Condominium amenities include a 24-hour concierge, package room, new state of the art gym, and a large beautifully designed common area roof deck. Celebrated for its architecture, DUMBO features charming cobblestone streets, Empire Stores, DUMBO market, restaurants, cozy cafes, art galleries, and much more. Proximity to the A/C/F trains, Citi Bike, and the water ferry which is located in Brooklyn Bridge Park.

Last Agent to Rent the Property

Karen Heyman Defontes

Sothebys International Realty License #40HE0781079 Listed on: 04/22/2024

Sothebys International Realty

Co-Listed By

Alan Heyman

Sothebys International Realty License #40HE1069794

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1915

Lot Details

  • 0.72

Property Views

  • Bridge

Home Design

  • Pre War Building
  • Entry on the 2nd floor

Interior Spaces

  • 1,650 Sq Ft Home
  • Entrance Foyer
  • Den
  • Home Gym
  • Dishwasher
  • Wood Flooring
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Terrace
  • Central Air

Listing and Financial Details

  • Property Available on 6/1/24
  • Legal Lot and Block 7501 / 00045

Community Details

Overview

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

Amenities

  • Building Terrace
  • Laundry Facilities

Condo Details

Home Type

Condominium

Year Built

Built in 1915

Lot Details

0.72 Acres

Rental Info

  • Furnished: Unfurnished
  • Owner Pays: None
  • Available Date: 2024-06-01

Listing Details

  • Exposures: North,West
  • Property SubType: Loft
  • Property Type: Residential Lease
  • Neighborhood: DUMBO / Vinegar Hill
  • Architectural Style: Prewar, Loft
  • Entry Level: 2
  • Structure Type: High Rise
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 13

Interior Features

  • Interior Features: Den, Entrance Foyer, Elevator
  • Appliances: Dishwasher
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 1650.0
  • Living Area Units: Square Feet
  • Dining Room Type: Gym, Den

Beds/Baths

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

Exterior Features

  • View: Bridge(s), City
  • View: Yes
  • Patio/Porch Features: Building Terrace, Terrace

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common On Floor, In Unit
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Size Units: Square Feet
  • 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: 00045
  • Tax Lot: 7501

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2021
Closed on
Nov 1, 2021
Sold by
Barber Brandi and Katagas Anthony G
Bought by
Cutugno Joanne and Talbi Daniela M
Seller's Agent
Karen Heyman Defontes
Sothebys International Realty
Sold Price
$10,000
Current Estimated Value
$2,201,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,191,947
Avg. Annual Appreciation
-2.14%
Original Mortgage
$1,940,000
Outstanding Balance
$1,770,187
Interest Rate
2.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$431,760

Purchase Details

Closed on
Aug 1, 2007
Sold by
70 Washington Partners Llc and Newmark Knight %
Bought by
Barber Brandi and Katagas Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cutugno Joanne $2,425,000 --
Cutugno Joanne $2,425,000 --
Barber Brandi $1,539,000 --
Barber Brandi $1,539,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cutugno Joanne $1,940,000
Closed Cutugno Joanne $1,940,000
Previous Owner Barber Brandi $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/11/2024 06/11/24 Rented $12,000 0.0% --
04/22/2024 04/22/24 For Rent $12,000 +20.0% --
04/20/2022 04/20/22 Off Market $10,000 -- --
12/22/2021 12/22/21 Rented -- -- --
12/22/2021 12/22/21 Rented $10,000 -9.1% --
11/22/2021 11/22/21 Under Contract -- -- --
11/02/2021 11/02/21 For Rent $11,000 0.0% --
11/01/2021 11/01/21 Sold $2,425,000 -6.6% $1,470 / Sq Ft View Prior Sale
09/10/2021 09/10/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $2,595,000 -- $1,573 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $22,672 $202,166 $4,050 $198,116
2024 $22,672 $194,725 $4,050 $190,675
2023 $17,986 $191,093 $4,050 $187,043
2022 $16,864 $186,143 $4,050 $182,093
2021 $18,752 $156,830 $4,050 $152,780
2020 $8,283 $177,930 $4,050 $173,880
2019 $10,520 $176,601 $4,050 $172,551
2018 $9,660 $171,486 $4,050 $167,436
2017 $6,724 $132,741 $4,050 $128,691
2016 $4,410 $78,657 $4,050 $74,607
2015 $873 $66,904 $4,050 $62,854
2014 $873 $66,906 $4,050 $62,856
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10968382

Real Estate Board of New York (REBNY)

APN: 00045-1015

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