NOT LISTED FOR SALE

The Beacon Tower 85 Adams St Unit 2D Brooklyn, NY 11201

DUMBO Neighborhood

Estimated Value: $1,398,000 - $1,670,000

2 Beds
2 Baths
1,169 Sq Ft
$1,080/mo HOA Fee

Last Sold July 21, 2021

Last sale price $1,302,000 $1,114 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $10,453/month

40 Days on Market

Highlights

  • Doorman
  • 1-minute walk to York Street
  • Wood Flooring
  • City View
  • Deck
  • 2-minute walk to Susan Smith McKinney Steward Park

About This Home

As of July 2021

Welcome to This Gorgeous Corner 2 Bedroom 2 Bath Apartment, that is truly a Unique find In the Heart of DUMBO! Located in the Beacon Tower Condominium, designed to be an Oasis of Zen-like calm, this SE facing corner apartment truly lives up to the architect's original vision. From the loft-like high beamed ceilings that measure over 10ft high, to the oak hardwood flooring throughout, chef's windowed kitchen featuring top of the line stainless steel appliances, new Bosch Washer/Dryer, over-sized sound-proofed windows, en suite master bath spa with glass doors, multi-zone central air system, tree-top, bridge & garden views... this home has a special feel that melds an industrial New York vibe with the luxury finishes that make this apartment an incredibly well designed home. As an added bonus, this apartment has a 275 sq ft private terrace- creating the optics of an additional room, and perfect for gardening & storage.

Last Agent to Sell the Property

Nick Oliver

Hauseit LLC Brokerage Phone: 888-494-8258 License #10491209845 Listed on: 03/17/2021

Last Buyer's Agent

Nathan Applebaum

Elegran LLC

Elegran LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,120

Year Built

  • Built in 2007

Lot Details

  • No Common Walls
  • East Facing Home

HOA Fees

  • $1,080 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 1,169 Sq Ft Home
  • Wood Flooring
  • Dishwasher
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Academy Of Arts And Letters Middle School
  • Acorn Community High School

Additional Features

  • Deck
  • Central Air

Community Details

Overview

  • 85 Adams Street

Amenities

  • Doorman
  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,120

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,080 per month

Listing Details

  • Property Type: Residential
  • Architectural Style: Other
  • Property SubType: Condominium
  • Year Built: 2007
  • New Construction: No
  • Attribution Contact: 888-494-8258
  • Ownership: Condo
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher
  • Interior Amenities: Elevator
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: None
  • Inclusions: Dishwasher
  • Total Bedrooms: 2
  • Living Area: 1169
  • AtticDescription: None
  • SquareFootage: 1169.00

Exterior Features

  • Direction Faces: East
  • Construction Materials: Other
  • View: City
  • Patio and Porch Features: Deck
  • View YN: Yes
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: Yes
  • Parking Description: Garage

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Other
  • Laundry Features: Common Area, In Unit
  • Sewer: Other
  • Water Source: See Remarks
  • GarbageRemoval: Other
  • Hot Water: None

Condo/Co-op/Association

  • Association Amenities: Door Person
  • Association Fee: 1079.92
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • DevelopmentName: 85 Adams Street

Schools

  • Middle School: Academy Of Arts And Letters

Lot Info

  • Property Attached: No

Rental Info

  • Lease Considered: No
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 6120

MLS Schools

  • High School: Acorn Community High School
  • Middle School District: Brooklyn 13

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2021
Closed on
Jul 22, 2021
Sold by
Rose Lynne and Rose Marcy P
Bought by
Mowaswes Sammy
Seller's Agent
Nick Oliver
Hauseit LLC
Buyer's Agent
Nathan Applebaum
Elegran LLC
List Price
$1,375,000
Sold Price
$1,302,000
Premium/Discount to List
-$73,000
-5.31%
Current Estimated Value
$1,518,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,098
Avg. Annual Appreciation
3.48%
Original Mortgage
$1,041,600
Outstanding Balance
$942,474
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$575,624

Purchase Details

Closed on
Nov 5, 2011
Sold by
Rappaport Lynne and Rosenbaum Marcy P
Bought by
Rose Lynne and Rose Marcy P

Purchase Details

Closed on
Jun 5, 2007
Sold by
85 Adams Street Llc
Bought by
Rappaport Lynne and Rosenbaum Marcy P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mowaswes Sammy $1,302,000 --
Mowaswes Sammy $1,302,000 --
Rose Lynne -- --
Rose Lynne -- --
Rappaport Lynne $790,000 --
Rappaport Lynne $790,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mowaswes Sammy $1,041,600
Closed Mowaswes Sammy $1,041,600
Previous Owner Rappaport Lynne $632,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2021 07/21/21 Sold $1,302,000 +0.5% $1,114 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/08/2021 04/08/21 Price Changed $1,295,000 -5.8% $1,108 / Sq Ft
03/17/2021 03/17/21 For Sale $1,375,000 -- $1,176 / Sq Ft
Source: OneKey® MLS

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 $17,217 $154,158 $2,700 $151,458
2024 $17,217 $148,482 $2,700 $145,782
2023 $16,318 $148,427 $2,700 $145,727
2022 $12,721 $139,538 $2,700 $136,838
2021 $9,204 $123,097 $2,700 $120,397
2020 $3,063 $138,988 $2,700 $136,288
2019 $3,050 $134,157 $2,700 $131,457
2018 $372 $129,473 $2,700 $126,773
2017 $372 $117,360 $2,700 $114,660
2016 $377 $92,998 $2,700 $90,298
2015 $295 $72,009 $2,700 $69,309
2014 $295 $68,189 $2,700 $65,489
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    Nick Oliver

    Hauseit LLC

    Section Image

  • N

    Buyer's Agent in 2021

    Nathan Applebaum

    Elegran LLC

    Section Image
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About The Beacon Tower

Map

Source: OneKey® MLS

MLS Number: KEY3295788

OneKey® MLS

APN: 00052-1004

New York Kings County Brooklyn 11201 DUMBO

85 Adams St Unit 2D, Brooklyn, NY

Not Listed for Sale

Condos

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