NOT LISTED FOR SALE

The Beacon Tower 85 Adams St Unit 5C Dumbo, NY 11201

DUMBO Neighborhood

Estimated Value: $989,073 - $1,194,000

1 Bed
1 Bath
847 Sq Ft
$871/mo HOA Fee

Last Sold September 09, 2023

Last sale price $975,000 $1,151 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $7,450/month

56 Days on Market

Highlights

  • Garage
  • 1-minute walk to York Street
  • 2-minute walk to Susan Smith McKinney Steward Park
  • South Facing Home

About This Home

As of September 2023

Extra-large, South-facing one-bedroom.

With 850 sq. ft., the residence is the largest one-bedroom layout at the Beacon Tower, a boutique luxury condominium in the heart of Dumbo.

This South-facing unit features 11' ceiling and sizable, highly engineered soundproof windows, making the apartment sun-filled and whisper quiet. The ultra-spacious living room is of rare size for a one-bedroom, and allows for generous dining area, separate living area, plus additional home office space. An open-kitchen with island provides high-end appliances and ample storage. Three large closets, deep-soaking tub and in-unit Bosch washer/dryer complete this beautiful home.

85 Adams is a quiet, full-service building, with just 4 units per floor. It has the convenience of full-time concierge, onsite parking, and a complimentary state of the art gym/ fitness center overlooking the building's exclusive Zen garden. The apartment is only steps away to F/A/C train stations, the Brooklyn Bridge Park / waterfront, and the hottest TimeOut market.

Last Agent to Sell the Property

Bonnie Goldner

Brown Harris Stevens Residential Sales LLC License #10301213823 Listed on: 04/27/2023

Brown Harris Stevens Residential Sales LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,736

Year Built

  • Built in 2006

Lot Details

  • South Facing Home

HOA Fees

  • $871 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 847 Sq Ft Home
  • Entry on the 5th floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Community Details

  • 79 Units
  • The Beacon Tower Condos
  • Dumbo Subdivision
  • 23-Story Property

Listing and Financial Details

  • Tax Block 00052

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,736

Year Built

Built in 2006

Lot Details

0

HOA Fees

$871 per month

Listing Details

  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Dumbo
  • Entry Level: 5
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 23

Interior Features

  • Living Area: 847.0
  • Living Area Units: Square Feet

Beds/Baths

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

Garage/Parking

  • Garage: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 871.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: The Beacon Tower
  • Units: 79
  • Total Stories: 23
  • Year Built: 2006

Tax Info

  • Tax Block: 00052
  • Tax Annual: 8736.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2024
Sold by
Ibrahim Ekram
Bought by
Ekram Ibrahim Trustee and The Ekram M Ibrahim 2023 Revocable Livi
Current Estimated Value
$1,077,768

Purchase Details

Listed on
Apr 27, 2023
Closed on
Sep 7, 2023
Sold by
Bauche Francois and Ko Ting
Bought by
Ibrahim Ekram
Seller's Agent
Bonnie Goldner
Brown Harris Stevens Residential Sales LLC
List Price
$995,000
Sold Price
$975,000
Premium/Discount to List
-$20,000
-2.01%
Views
95

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.30%

Purchase Details

Closed on
Aug 21, 2014
Sold by
Zizic Lara A
Bought by
Bauche Francois and Ko Ting

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,600
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2007
Sold by
85 Adams Street Llc
Bought by
Zizic Lara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.33%
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
Ekram Ibrahim Trustee -- --
Ekram Ibrahim Trustee -- --
Ibrahim Ekram $975,000 --
Ibrahim Ekram $975,000 --
Ibrahim Ekram $975,000 --
Bauche Francois $804,000 --
Bauche Francois $804,000 --
Zizic Lara A $600,000 --
Zizic Lara A $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bauche Francois $522,600
Previous Owner Zizic Lara A $480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2023 09/09/23 Sold $975,000 -2.0% $1,151 / Sq Ft
06/23/2023 06/23/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $995,000 -- $1,175 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $11,792 $105,586 $1,850 $103,736
2024 $11,792 $101,698 $1,850 $99,848
2023 $11,177 $101,661 $1,850 $99,811
2022 $7,153 $95,572 $1,850 $93,722
2021 $6,304 $84,312 $1,850 $82,462
2020 $2,098 $95,196 $1,850 $93,346
2019 $2,086 $91,887 $1,850 $90,037
2018 $8,293 $88,679 $1,850 $86,829
2016 $258 $63,697 $1,850 $61,847
2015 -- $49,321 $1,850 $47,471
2014 -- $46,703 $1,850 $44,853
Source: Public Records

Agents Affiliated with this Home

  • Bonnie Goldner

    Seller's Agent in 2023

    Bonnie Goldner

    Brown Harris Stevens Residential Sales LLC

    (212) 593-8300

    1 in this area

    48 Total Sales

    Bonnie Goldner
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About The Beacon Tower

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10886255

Real Estate Board of New York (REBNY)

APN: 00052-1015

New York Kings County Brooklyn 11201 DUMBO

85 Adams St Unit 5C, Brooklyn, NY

Not Listed for Sale

Condos

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