NOT LISTED FOR SALE

Estimated Value: $1,191,536 - $2,137,000

2 Beds
2.5 Baths
1,953 Sq Ft
$1,722/mo HOA Fee

Last Sold May 20, 2024

Last sale price $2,195,000 $1,124 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $12,775/month

102 Days on Market

Highlights

  • Rooftop Deck
  • 1-minute walk to Graham Avenue
  • Terrace
  • P.S. 132 The Conselyea School Rated A-
  • Pre War Building
  • Central Air

About This Home

As of May 2024

FINAL 2.5-bedroom duplex (plus rec room) with soaring 14’ ceilings and a private terrace.Now 90% Sold - Close ASAP. Open daily, four on-site model residences, schedule your exclusive tour today! In the heart of residential Williamsburg sits a historic brick building on Metropolitan Avenue, a former 1943 umbrella factory still intact with its notable charm. Following a vision for utilitarian chic residences, this remarkable building’s dynamic narrative carries on with 69 stunning residential studios to three-bedroom loft condominiums.One of only two duplexes in the Umbrella Factory, this 1953 sf residence boasts the highest ceiling height in the building at an impressive 14’. Graced with two bedrooms plus an entire lower level - this duplex offers many design options. The high ceilings and exposed timber beams are the first details you will notice as you enter. See below to learn more about the key features in the fantastic offering.Residence Features:• Wide Plank California Collection Select Grade Wood Flooring• Exposed Timber Construction• High Ceilings• Energy-Efficient Soundproof Rating Wausau & Kawneer Windows• Central Heating & Cooling• LG Washer & Dryer• Solid Core Doors w/ Matte Black Hardware• Bertazzoni Range• Fully Integrated Bosch Appliances• Marra Blanca Countertop and Backsplash• Custom Kitchen Cabinetry w/ Matte Black Hardware• Moen Matte Black Faucet• Under Cabinet LED Lighting• Signature Catalina Deep Soaking Tub• Toto Wall Mount Toilet• Wetstyle Custom SinkBuilding Amenities:• Doorman• Onsite Parking with EV-Charger• Fitness Center with Precor Equipment• Landscaped & Furnished Roof Deck w/ BBQ Station• Rooftop Dog Run• Individual Storage• Bike Storage• DogwashNeighborhood:Just blocks away from the busy Williamsburg waterfront, The Umbrella Factory sits steps from the L train in a coveted residential area of the famed neighborhood. With shopping, restaurants, nightlight galore, there is no shortage of amenities with the best of Williamsburg at your fingertips. The Umbrella Factory residents can be in Manhattan in less than 10 minutes with the Graham Avenue L train stop down the block.Images may be renderings or virtually staged, and/or represent model unit(s) and may not be reflective of the subject unit.Real estate taxes stated herein are estimates for the projected first year of condominium operation and do not reflect the building as fully completed. For further detail regarding anticipated increases in real estate taxes upon 100% completion of the building, prospective purchasers should review the Notes to Schedule A in the Offering Plan, as amended.Equal Housing Opportunity. All dimensions and square footages are approximate and subject to construction variances and may vary from floor to floor. Images are renderings and may not be reflective of the layout of the subject residence in this advertisement. This advertisement is not an offering. Sponsor reserves the right to make changes in accordance with the offering plan. The complete offering terms are in an offering plan available from the Sponsor. File No. CD18-0482. Sponsor: 722 Metropolitan LLC c/o SL Development 1178 Broadway, 3rd Floor #1321 New York, NY 10001

Last Agent to Sell the Property

David Chi

MNS License #10301205194 Listed on: 12/08/2023

Co-Listed By

Curtis Charles

MNS License #10401252110

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,971

Year Built

  • Built in 1943

Lot Details

  • 0.34

HOA Fees

  • $1,722 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 1,953 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Additional Features

  • Terrace
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 14 / 2764

Community Details

Overview

  • East Williamsburg Subdivision
  • 6-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,971

Year Built

Built in 1943

Lot Details

0

HOA Fees

$1,722 per month

Listing Details

  • Cross Street: Manhattan Avenue/Graham Avenue
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: East Williamsburg
  • Architectural Style: Prewar, Loft
  • Entry Level: 1
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Interior Features: Dining Area
  • Appliances: Dryer, Washer
  • Living Area: 1953.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Storage, Building Roof Deck
  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, In Unit
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1721.81
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Total Stories: 6
  • Year Built: 1943

Tax Info

  • Tax Block: 2764
  • Tax Lot: 14
  • Tax Annual: 7970.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2023
Closed on
May 17, 2024
Sold by
722 Metropolitan Llc
Bought by
Martin Alyssa G and Martin William Keith
Seller's Agent
David Chi
MNS
List Price
$2,195,000
Sold Price
$2,195,000
Views
338
Current Estimated Value
$1,896,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$298,366
Avg. Annual Appreciation
-15.45%
Original Mortgage
$1,400,000
Outstanding Balance
$1,384,006
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$389,611
Source: Public Records

Range of Values:

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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
Martin Alyssa G $2,075,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Alyssa G $1,400,000
Previous Owner Martin Alyssa G $1,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2024 05/20/24 Sold $2,195,000 0.0% $1,124 / Sq Ft
03/20/2024 03/20/24 Pending -- -- --
12/08/2023 12/08/23 For Sale $2,195,000 -- $1,124 / 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 $8,628 $75,373 $14,781 $60,592
2024 $8,628 $72,603 $14,781 $57,822
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10959407

Real Estate Board of New York (REBNY)

APN: 02764-1103