NOT LISTED FOR SALE

Estimated Value: $952,000 - $1,040,000

1 Bed
1 Bath
708 Sq Ft
1943 Built

Sale Details

Date Sold: April 18, 2024

Last sale price $995,000 $1,405 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $6,722 / mo

59 Days on Market

Highlights

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

About This Home

As of April 2024

*Southern facing one bedroom with soaring 12 1/2 ’ ceilings and a large private terrace. w/ BBQ grill*Now OVER 80% Sold and 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.Exquisite one-bedroom with 12 1/2’ timber ceilings and large private terrace. 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: 11/30/2023

Co-Listed By

Curtis Charles

MNS License #10401252110

Last Buyer's Agent

David Chi

MNS License #10301205194 Listed on: 11/30/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,092

Year Built

  • Built in 1943

HOA Fees

  • $884 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 708 Sq Ft Home
  • Pre War Building
  • Entry on the 2nd floor

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 0014 / 2764

Community Details

Overview

  • East Williamsburg Subdivision
  • 6-Story Property

Amenities

  • Rooftop Deck
  • Elevator
  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,092

Year Built

Built in 1943

Lot Details

0 Sq Ft Lot

HOA Fees

$884 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: 2
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 708.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Storage, Building Roof Deck, Private Outdoor Space Under 60 Sqft
  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, In Unit
  • Green Building Features: Elevator(s)
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 884.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Rental Info

  • Land Lease: No

Building Info

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

Tax Info

  • Tax Block: 2764
  • Tax Lot: 0014
  • Tax Annual: 4092.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2023
Closed on
Apr 2, 2024
Sold by
Bought by
Seller's Agent
David Chi
MNS
Buyer's Agent
David Chi
MNS
List Price
$995,000
Sold Price
$995,000
Views
505
Current Estimated Value
$1,004,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,264
Avg. Annual Appreciation
0.42%
Original Mortgage
$945,250
Interest Rate
0.0694%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$995,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $12,560
Open $945,250
Previous Owner --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/18/2024 04/18/24 Sold $995,000 0.0% $1,405 / Sq Ft
02/02/2024 02/02/24 Pending -- -- --
12/04/2023 12/04/23 For Sale $995,000 -- $1,405 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,580 $40,153 $7,587 $32,566
2025 $4,428 $38,687 $7,587 $31,100
2024 $4,428 $37,265 $7,587 $29,678
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10930994

Real Estate Board of New York (REBNY)

APN: 02764-1110

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