NOT LISTED FOR SALE

850 Metropolitan Ave Unit 3D Brooklyn, NY 11211

East Williamsburg Neighborhood

Estimated Value: $885,000 - $1,030,000

1 Bed
1 Bath
735 Sq Ft
$507/mo HOA Fee

Last Sold May 20, 2022

Last sale price $887,000 $1,207 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,487/month

161 Days on Market

Highlights

  • Rooftop Deck
  • 3-minute walk to Graham Avenue
  • Balcony
  • P.S. 132 The Conselyea School Rated A-

About This Home

As of May 2022

FOR IMMEDIATE OCCUPANCY

Be the first to live in this this stunning 1 bedroom condominium residence is located right in the heart of the fastest growing area of East Williamsburg, Brooklyn.

Light pours in through the floor to ceiling windows of this north facing oversized one bedroom. This home has state of the art finishes. The open kitchen, which is adorned in custom Italian cabinets and Caesar Stone counter tops , features integrated Bosch refrigerator and dishwasher, Wolf range and Best hood. The bathroom is complete with a Maax signature bathtub, Moen fixtures, Toto toilet, and custom subway tiles . There are 5 inch white oak floors, central air, and washer dryer in the apartment. Plus the ceilings in this unit are soaring about 10 ft at the tallest point!

The Milk Factory's emphasis on community and intelligent design extends to its public spaces. Here, highly coveted green space is a large part of the equation and the boutique development possesses several exterior community spaces that set it apart from other New York developments.

A sunken interior courtyard gives all residents access to an enchanting community garden that features floral mural by a local artist. Overlooking the center courtyard, accessible from the building's second floor, is a covered community terrace. The building also features another expansive communal terrace at the front, nestled underneath the cantilevered addition an open-air oasis that remains protected from the elements. Taken together, these interconnected spaces foster a spatial relationship between the various elements of the building, whilst ensuring a bountiful flow of light and air throughout.

Other building amenities include a windowed gym, bike storage, virtual doorman system, and a double high lobby lounge complete with gas fireplace and textured concrete walls.

850 Metropolitan Avenues Milk Factory condominiums, the former Borden milk distribution plant, now a stunning, converted loft building offering 32 residences in trendy East Williamsburg. The 40,000 square foot, four-story building is just east of Bushwick Avenue and conveniently only two blocks away from the Graham Avenue L train station. Envisioned and executed by ROART, architecture and design firm, they created a development that preserves the buildings elegant proportions while making an audacious architectural statement.

Previously an industrial area, East Williamsburg is a thriving creative quarter with tons of street art, historic buildings, tech enterprises, hot restaurants, and trendy new shops. By contrast to its rowdier, more developed neighbor Central Williamsburg, East Williamsburg still marches to its own beat, resisting relentless development while retaining its historic, community-minded character. Its strong spirit attracts individuals who appreciate the areas cosmopolitan spoils and proximity to downtown Manhattan but also require the all-important element of urban refuge.

Photos are either of the model unit or an artistic rendering. Actual units may vary.

THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM SPONSOR. FILE NO. CD170100. SPONSOR: 850 METROPOLITAN AVE. INVESTORS, LLC, 150 WEST 28TH STREET, SUITE 1702, NEW YORK, NEW YORK 10001.

Last Agent to Sell the Property

JENNIFER CAREY

Real New York License #10301218705 Listed on: 03/23/2021

Real New York

Co-Listed By

Patrick Nollinger

Real New York License #10401342125

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,808

Lot Details

  • 0.29

HOA Fees

  • $507 Monthly HOA Fees

Home Design

  • 735 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Community Details

Overview

  • Williamsburg Subdivision

Amenities

  • Rooftop Deck
  • Building Patio
  • Building Terrace

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,808

Lot Details

0

HOA Fees

$507 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Williamsburg
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 735.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony, Building Roof Deck
  • Patio/Porch Features: Building Patio, Building Terrace, Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 507.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No

Tax Info

  • Tax Block: 0
  • Tax Annual: 8808.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2021
Closed on
May 20, 2022
Sold by
850 Metropolitan Ave Investors Llc
Bought by
Ali Ali Khaleel Khaleel and Gosein Varendra
Seller's Agent
JENNIFER CAREY
Real New York
List Price
$887,000
Sold Price
$887,000
Current Estimated Value
$975,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,007
Avg. Annual Appreciation
2.37%
Original Mortgage
$665,250
Outstanding Balance
$633,779
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$325,547
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ali Ali Khaleel Khaleel $893,187 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ali Khaleel $149,500
Open Ali Ali Khaleel Khaleel $665,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2022 08/20/22 Off Market $887,000 -- --
05/20/2022 05/20/22 Sold $887,000 0.0% $1,207 / Sq Ft
04/19/2022 04/19/22 Off Market $887,000 -- --
09/30/2021 09/30/21 For Sale $887,000 -- $1,207 / 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 $9,973 $92,735 $11,546 $81,189
2024 $9,973 $92,065 $11,546 $80,519
2023 $9,291 $80,254 $11,546 $68,708
2022 $9,009 $78,465 $11,546 $66,919
2021 $8,817 $76,213 $11,546 $64,667
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10772395

Real Estate Board of New York (REBNY)

APN: 02916-1423