NOT LISTED FOR SALE

Estimated Value: $1,204,830 - $1,423,000

2 Beds
2 Baths
900 Sq Ft
$426/mo HOA Fee

Last Sold August 05, 2014

Last sale price $760,000 $844 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $8,234/month

28 Days on Market

About This Home

As of August 2014

This two bedroom, one and a half bathroom is located in an ideal Greenpoint location, in a beautiful brick building on the corner of Green Street and Franklin Street. Steps from your door are boutiques, restaurants, bars and art galleries with new places popping up all the time. The Greenpoint Avenue G Train is 4 blocks away while the East River Ferry is just 3 blocks. What really makes this location ideal though is its close enough to benefit from the new development that's coming on the Greenpoint Waterfront while far enough away not to be affected by the construction. With the new development will come more retail spaces, increased bus and shuttle transportation a new school and almost certainly an increase in property values. The apartment is the entire second floor of a 4 story building with Northern and Southern exposures. The living room is massive with 4 windows providing excellent light and opening up into the kitchen. The kitchen offers granite countertops with plenty of cabinet space, stainless steel appliances including a dishwasher and stove that vents to the outside of the building. The master bedroom is a great size, measuring 12' x 15' with its own half bathroom with the second bedroom is slightly smaller at 11'x 13.5'. Both bedrooms have oversized closets, 9' ceilings and two windows. Additional storage space is found under the staircase to the building through a door in the living room. This is perfect for storing luggage, off season clothing or anything items simply too large to keep in the apartment on a regular basis. Additional building features include an intercom system, large shared room deck with barbeques and patio furniture as well as laundry in the basement. Property taxes are very low due to a 421A Tax abatement which expires in 2019 and common charges are just $447.32 per month.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $960

Year Built

  • Built in 2001

HOA Fees

  • $426 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 900 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Community Details

  • 16 Units
  • Greenpt Subdivision

Listing and Financial Details

  • Tax Block 2521

Property Details

Home Type

Condominium

Est. Annual Taxes

$960

Year Built

Built in 2001

Lot Details

0

HOA Fees

$426 per month

Listing Details

  • Cross Street: Franklin
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: GREENPT
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Living Area: 900.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Bathrooms Integer: 2
  • Bedrooms: 2

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 426.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Units: 16
  • Total Stories: 4
  • Year Built: 2001

Tax Info

  • Tax Block: 2521
  • Tax Annual: 960.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2014
Closed on
Aug 6, 2014
Sold by
Cornelius Gail and Cornelius Jay
Bought by
The Lichter Marck Family Trust Dated 3/ and Norman Marck Trustee
List Price
$760,000
Sold Price
$760,000
Current Estimated Value
$1,326,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$566,208
Avg. Annual Appreciation
5.08%

Purchase Details

Closed on
Jun 14, 2004
Sold by
82 Green Street Llc
Bought by
Cornelius Gail and Cornelius Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
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
The Lichter Marck Family Trust Dated 3/ $760,000 --
The Lichter Marck Family Trust Dated 3/ $760,000 --
Cornelius Gail $430,950 --
Cornelius Gail $430,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cornelius Gail $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2022 04/20/22 Off Market $760,000 -- --
08/05/2014 08/05/14 Sold $760,000 0.0% $844 / Sq Ft
07/06/2014 07/06/14 Pending -- -- --
06/08/2014 06/08/14 For Sale $760,000 -- $844 / 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 $10,237 $94,172 $3,111 $91,061
2024 $10,237 $93,560 $3,111 $90,449
2023 $9,668 $89,862 $3,111 $86,751
2022 $9,206 $91,188 $3,111 $88,077
2021 $8,205 $69,156 $3,111 $66,045
2020 $8,129 $78,489 $3,111 $75,378
2019 $7,226 $75,659 $3,111 $72,548
2018 $5,213 $73,007 $3,111 $69,896
2017 $3,518 $53,805 $3,111 $50,694
2016 $2,446 $47,022 $3,111 $43,911
2015 $448 $38,735 $3,111 $35,624
2014 $448 $38,072 $3,111 $34,961
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10073165

Real Estate Board of New York (REBNY)

APN: 02521-1003