NOT LISTED FOR SALE

Estimated Value: $2,031,267 - $2,561,000

2 Beds
2.5 Baths
1,464 Sq Ft
$1,612/mo HOA Fee

Last Sold July 10, 2024

Last sale price $2,300,000 $1,571 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $16,850/month

55 Days on Market

Highlights

  • River View
  • 3-minute walk to High Street
  • Intercom
  • Wood Flooring
  • High Ceiling
  • 3-minute walk to Susan Smith McKinney Steward Park

About This Home

As of July 2024

The ultimate Brooklyn lifestyle is found at this incredible DUMBO Penthouse. While it’s nestled in one of the hottest neighborhoods in the city, it’ll be hard to leave home thanks to it’s massive, private terrace showcasing iconic, enviable views that are solely yours for the taking. Welcome to Penthouse M at 70 Washington Street.

This impressive 2 bedroom 2.5 bathroom Penthouse sits on the North West corner of the building. A gracious entry foyer leads directly to the generously proportioned great-room, where blue-skies and incredible panoramic views are perfectly framed through walls of over-size windows. The entire loft-like space is filled with bright natural light throughout the day, and then sparkles with the twinkling city lights as the evening skyline comes alive. The open kitchen with large island is the anchor of the space, while dark hardwood flooring throughout adds contrast. Lighting upgrades, built-in speakers, and motorized shades on all windows are already installed.

The great room leads directly to the massive terrace, which spans the entire length of the west side of the apartment. Entertain or relax in style, while taking in the stunning views of both bridges, the river, and the city skyline. The space is primed for someone’s artistic touch to add beautiful landscaping, an outdoor lounge area, or a dining area with the absolute best seats in the city.

The primary suite offers generous proportions, with excellent closet and storage space and, of course, those beautiful views. The en-suite bathroom features a double vanity, deep soaking tub, and a large separate glass enclosed shower. A second bedroom – also with a full en-suite bath – makes a perfect bedroom, guest room, or home office. The view of the Manhattan Bridge from this room, is truly a showstopper.

Rounding out the impressive space is a half-bath for guests off the entry foyer, along with a sizable laundry room with washer & dryer, and separate wash basin.

THE BUILING:
70 Washington Street is located on a charming cobblestone street in the heart of beautiful DUMBO. The most gorgeous and famed waterfront and park, along with incredible restaurants, galleries, shops boutiques and more, are all at your doorstep. The condominium which was once a factory building now features a 24-hour attended lobby, package room, recently revamped fitness center, along with a fully landscaped tranquil roof-top terrace. Subway and waterway transportation, are all within easy access.

NOTES:
There is currently a monthly capital assessment of $567.66
PH-M is currently tenant occupied, and will be delivered vacant
Listing images of the terrace, are virtually staged

Last Agent to Sell the Property

Corey Wecler

Compass License #10301203364 Listed on: 02/27/2024

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $28,524

Year Built

  • Built in 1916

HOA Fees

  • $1,612 Monthly HOA Fees

Interior Spaces

  • 1,464 Sq Ft Home
  • Sound System
  • High Ceiling
  • Wood Flooring
  • River Views
  • Intercom

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Washer

Utilities

  • No Cooling
  • No Heating

Community Details

  • 259 Units
  • Dumbo Subdivision
  • 13-Story Property

Listing and Financial Details

  • Legal Lot and Block 1255 / 00045

Property Details

Home Type

Condominium

Est. Annual Taxes

$28,524

Year Built

Built in 1916

Lot Details

0

HOA Fees

$1,612 per month

Listing Details

  • Exposures: North,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: DUMBO
  • Entry Level: 1
  • Structure Type: Mixed Use
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 13

Interior Features

  • Interior Features: High Ceilings, Sound System
  • Appliances: Washer
  • Equipment (Other): Intercom
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 1464.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 2

Exterior Features

  • View: River
  • View: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1612.0
  • 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: 1255
  • Tax Annual: 28524.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2024
Closed on
Jul 10, 2024
Sold by
Tabatznik Lara
Bought by
Rocha Andrew
Seller's Agent
Corey Wecler
Compass
List Price
$2,350,000
Sold Price
$2,300,000
Premium/Discount to List
-$50,000
-2.13%
Views
70
Current Estimated Value
$2,319,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,817
Avg. Annual Appreciation
0.86%
Original Mortgage
$1,800,000
Outstanding Balance
$1,783,256
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$536,561

Purchase Details

Closed on
Oct 17, 2007
Sold by
Katzav David
Bought by
Tabatznik Lara

Purchase Details

Closed on
Feb 14, 2006
Sold by
70 Washington Partners Llc
Bought by
Katzav David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rocha Andrew $2,300,000 --
Tabatznik Lara $2,450,000 --
Tabatznik Lara $2,450,000 --
Katzav David $1,934,675 --
Katzav David $1,934,675 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rocha Andrew $1,800,000
Previous Owner Katzav David $600,000
Previous Owner Katzav David $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2024 07/10/24 Sold $2,300,000 -2.1% $1,571 / Sq Ft
04/23/2024 04/23/24 Pending -- -- --
02/27/2024 02/27/24 For Sale $2,350,000 -- $1,605 / 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 $29,110 $259,582 $5,201 $254,381
2024 $29,110 $250,028 $5,201 $244,827
2023 $27,992 $245,364 $5,201 $240,163
2022 $26,316 $239,008 $5,201 $233,807
2021 $23,734 $201,371 $5,201 $196,170
2020 $21,942 $228,463 $5,201 $223,262
2019 $16,342 $226,756 $5,201 $221,555
2018 $12,404 $220,190 $5,202 $214,988
2017 $8,634 $170,440 $5,201 $165,239
2016 $5,662 $100,996 $5,201 $95,795
2015 $1,120 $85,906 $5,201 $80,705
2014 $1,120 $85,907 $5,201 $80,706
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10984842

Real Estate Board of New York (REBNY)

APN: 00045-1255