NOT LISTED FOR SALE

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

DUMBO Neighborhood

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

2 Beds
2 Baths
1,169 Sq Ft
$1,079/mo HOA Fee

Last Sold December 02, 2021

Last sale price $1,295,000 $1,108 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $10,452/month

39 Days on Market

Highlights

  • Rooftop Deck
  • 1-minute walk to York Street
  • Garage
  • City View
  • Garden
  • 2-minute walk to Susan Smith McKinney Steward Park

About This Home

As of December 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 License #10491209845 Listed on: 03/17/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,120

Year Built

  • Built in 2005

Lot Details

  • Garden

HOA Fees

  • $1,079 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 1,169 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Tax Block 52

Community Details

Overview

  • Beacon Tower Condos
  • Dumbo Subdivision

Amenities

  • Rooftop Deck
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,120

Year Built

Built in 2005

Lot Details

0

HOA Fees

$1,079 per month

Listing Details

  • Cross Street: York St
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Dumbo
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 1169.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Roof Deck, Garden

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1079.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Building Name: BEACON TOWER
  • Year Built: 2005

Tax Info

  • Tax Block: 52
  • Tax Annual: 6120.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2021
Sold by
Rose Lynne and Rose Marcy P
Bought by
Mowaswes Sammy
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.
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
12/02/2021 12/02/21 Sold $1,295,000 0.0% $1,108 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
03/17/2021 03/17/21 For Sale $1,295,000 -- $1,108 / 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 $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

  • Nick Oliver

    Seller's Agent in 2021

    Nick Oliver

    Hauseit LLC

    (888) 494-8258

    4 in this area

    381 Total Sales

    Nick Oliver
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About The Beacon Tower

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10705451

Real Estate Board of New York (REBNY)

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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