NOT LISTED FOR SALE

Estimated Value: $1,448,354 - $2,337,000

2 Beds
2 Baths
1,027 Sq Ft
$991/mo HOA Fee

Last Sold July 06, 2021

Last sale price $1,435,000 $1,397 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $10,305/month

131 Days on Market

Highlights

  • Rooftop Deck
  • Garage
  • 2-minute walk to William Sheridan Playground
  • Entrance Foyer

About This Home

As of July 2021

MINT TWO BEDROOM WITH PRIVATE PARKING AVAILABLE AND A 25 YEAR TAX ABATEMENT


Welcome home to 5P at 80 Metropolitan, an industrial-era inspired 2-bed 2-bath, ideally situated at the intersection of Wythe and Metropolitan Avenues in the absolute heart of Williamsburg. Defining features of this high floor, loft-like residence include 36 feet of north-facing frontage, nearly 10 foot ceilings, and a robust list of thoughtful upgrades throughout the home. A private parking spot inside the building is also available for additional purchase.


Spanning 1,027 square feet, 5P feels airy and bright as you enter the home. The living room features large casement windows with open northern views, high ceilings and a custom corkboard wallpaper, giving the room rich texture and depth. The beautifully appointed open island kitchen features Caesarstone countertops, fully integrated appliances from Liebherr, Bosch and Miele, a breakfast bar with space for barstools and a sweet custom banquette for everyday dining.


The massive master bedroom includes a large walk-in closet with a custom barn door, blackout blinds and window treatments and a sleek master bath with a large walk-in shower for two featuring a built-in marble bench. The second bedroom features a built-in murphy bed with walnut and steel detail, custom millwork and cabinetry, and a large double closet that is fully customized. 5P also features in-unit washer/dryer and a large coat closet with a custom barn sliding door.


Developed in 2008 by Steiner Equities, a developer known for their high level of construction and workmanship, 80 Metropolitan consists of 114 residences and offers an impressive amenity package. Residents here enjoy a full-time doorman and live-in resident manager, fitness center, media lounge, stunning common garden, indoor swimming pool, rooftop terrace, bicycle storage, cold storage and covered parking with direct access from the building. There is also a 25-year tax abatement in place with 15 years remaining. This unit can also be sold fully furnished.

Last Agent to Sell the Property

Todd Lewin

Compass License #10301209557 Listed on: 11/05/2020

Compass

Co-Listed By

Michael Rubin

Compass License #10301208606

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $408

Year Built

  • Built in 2008

HOA Fees

  • $991 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 1,027 Sq Ft Home
  • Entrance Foyer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Legal Lot and Block 7501 / 2363

Community Details

Overview

  • Williamsburg Subdivision
  • 6-Story Property

Amenities

  • Rooftop Deck
  • Community Garden
  • Courtyard

Property Details

Home Type

Condominium

Est. Annual Taxes

$408

Year Built

Built in 2008

Lot Details

0

HOA Fees

$991 per month

Listing Details

  • Cross Street: Kent Avenue/Wythe Avenue
  • Exposures: North,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Williamsburg
  • Entry Level: 5
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Interior Features: Dining Area, Entrance Foyer
  • Appliances: Dryer, Washer
  • Living Area: 1027.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Courtyard, Building Garden, Building Roof Deck

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: Other

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 991.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 6
  • Year Built: 2008

Tax Info

  • Tax Block: 2363
  • Tax Lot: 7501
  • Tax Annual: 408.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2020
Closed on
Jun 30, 2021
Sold by
Sessa Leonardo
Bought by
Unni Samir Ramachandran
Seller's Agent
Todd Lewin
Compass
List Price
$1,435,000
Sold Price
$1,435,000
Current Estimated Value
$1,774,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,822
Avg. Annual Appreciation
5.79%
Original Mortgage
$1,148,000
Outstanding Balance
$1,042,585
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$808,004
Source: Public Records
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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
Unni Samir Ramachandran $1,435,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Unni Samir Ramachandran $1,148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/06/2021 07/06/21 Sold $1,435,000 0.0% $1,397 / Sq Ft
11/05/2020 11/05/20 For Sale $1,435,000 +40.0% $1,397 / Sq Ft
05/02/2013 05/02/13 Sold -- -- -- View Prior Sale
04/02/2013 04/02/13 Pending -- -- --
01/29/2013 01/29/13 For Sale $1,025,000 -- $998 / 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 $407 $127,476 $7,285 $120,191
2024 $407 $122,785 $7,285 $115,500
2023 $399 $114,223 $7,285 $106,938
2022 $398 $110,452 $7,285 $103,167
2021 $399 $104,797 $7,285 $97,512
2019 $410 $108,410 $7,285 $101,125
2018 $414 $94,464 $7,285 $87,179
2017 $414 $81,221 $7,285 $73,936
2016 $419 $77,819 $7,285 $70,534
2015 $328 $60,925 $7,285 $53,640
2014 $328 $53,671 $7,285 $46,386
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10680836

Real Estate Board of New York (REBNY)

APN: 02363-1149