NOT LISTED FOR SALE

Estimated Value: $1,086,000 - $1,188,000

1 Bed
1 Bath
818 Sq Ft
$848/mo HOA Fee

Last Sold December 01, 2023

Last sale price $1,100,000 $1,345 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $7,460/month

9 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 December 2023

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.True loft living in residence 1D with soaring 14’ ceilings and two private outdoor spaces! The light and timber beams stand out in this large loft home. 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: 11/29/2022

Co-Listed By

Curtis Charles

MNS License #10401252110

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,730

Year Built

  • Built in 1943

Lot Details

  • 0.34

HOA Fees

  • $848 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 818 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

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

$3,730

Year Built

Built in 1943

Lot Details

0

HOA Fees

$848 per month

Listing Details

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

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 818.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

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: 847.55
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

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: 3729.6

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

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Sold $1,100,000 -10.2% $1,345 / Sq Ft
12/09/2022 12/09/22 Pending -- -- --
12/09/2022 12/09/22 For Sale $1,225,000 0.0% $1,498 / Sq Ft
11/29/2022 11/29/22 For Sale $1,225,000 -- $1,498 / 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 $4,677 $40,864 $8,014 $32,850
2024 $4,677 $39,362 $8,014 $31,348
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10946152

Real Estate Board of New York (REBNY)

APN: 02764-1105