NOT LISTED FOR SALE

Estimated Value: $2,125,000 - $2,880,000

3 Beds
2 Baths
1,465 Sq Ft
$1,510/mo HOA Fee

Last Sold August 26, 2022

Last sale price $2,295,000 $1,567 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $16,972/month

111 Days on Market

Highlights

  • New Construction
  • 2-minute walk to York Street
  • Entrance Foyer
  • Rooftop Deck
  • Balcony
  • 3-minute walk to Susan Smith McKinney Steward Park

About This Home

As of August 2022

Over 80% Sold

Immediate Closing

Introducing our loft collection, a sprawling residence with North and South exposure in the heart of Dumbo. The meticulously designed details throughout the three-bedroom homes at 98 Front have been carefully curated to enhance the comfort and luxury of your living experience. Natural light pours in from oversized insulated sound-attenuated 8 feet 8 inches windows by ALUMIL, and the 5 inches White Oak floors further illuminate the space. High ceilings are made of polished concrete complete with junction boxes for easy lighting fixture installation. These studio floor plans are the height of space-efficient living, while still providing plenty of room to stretch out, entertain and unwind. The imported Italian kitchens are paneled in blonde wood to create an organic, clean palate complimented by modern white Corian countertops and backsplashes that are both sleek and durable. All homes feature Bosch appliance packages, washer/ dryer, garbage disposals and Blum hardware in the kitchens. Spa-like bathrooms boast radiant heat marble flooring, glass shower doors, recessed medicine cabinets and floating oak shelving. Building amenities include a 24-hour doorman, indoor salt water pool and spa with steam room, fitness club, residents lounge and co-working space, children's playroom, 7000 square foot roof deck with 3 separate outdoor kitchens and grills, screening capabilities and outdoor work-out facility with beautiful views. On-site parking, bike storage and resident storage units are available for purchase; additionally this home will feature Latch keyless smart door locks and Butterfly MX smart intercoms for a more seamless living experience. Designed by renowned architect, ODA, award-winning 98 Front is not only just one stop from Manhattan, but in an epicenter of culture. In recent years, DUMBO has emerged as one of New York City's most desirable living destinations. Once known for its abundance of warehouses, the neighborhood is now the borough's artistic and creative office hub. 98 Front will offer residents a LEED-certified home nestled amongst some of the City's most notable landmarks and attractions. Please contact 98 Front Sales Gallery for the most current availability. The complete offering terms are available in an offering plan from Sponsor. File No. CD18-0246. Artist rendering disclaimer: the unit layout, square footage, and dimensions are approximate and subject to normal construction variances and tolerances. Not all items depicted in artist rendering are included in unit purchase.

Last Agent to Sell the Property

98 Front Sales Center

Triumph Property Group Ltd License #A Listed on: 03/16/2022

Co-Listed By

Lauren Caputo

Triumph Property Group Ltd License #30CA0946518

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,801

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 0.54

HOA Fees

  • $1,510 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 7th floor

Interior Spaces

  • 1,465 Sq Ft Home
  • Entrance Foyer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Balcony
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 25 / 51

Community Details

Overview

  • Dumbo Subdivision
  • 10-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$21,801

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$1,510 per month

Listing Details

  • Cross Street: Washington Street/Adams Street
  • Exposures: East,North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Dumbo
  • Entry Level: 7
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 10

Interior Features

  • Interior Features: Entrance Foyer
  • Living Area: 1465.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 3

Exterior Features

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

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1509.94
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: Yes
  • Total Stories: 10
  • Year Built: 2020

Tax Info

  • Tax Block: 51
  • Tax Lot: 25
  • Tax Annual: 21800.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2022
Closed on
Aug 26, 2022
Sold by
80 Adams Property Owner Llc
Bought by
Weinberg Ariel and Weinberg Elliot
Seller's Agent
98 Front Sales Center
Triumph Property Group Ltd
List Price
$2,495,000
Sold Price
$2,295,000
Premium/Discount to List
-$200,000
-8.02%
Current Estimated Value
$2,479,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,368
Avg. Annual Appreciation
2.51%
Original Mortgage
$1,836,000
Outstanding Balance
$1,758,080
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$721,288
Source: Public Records

Range of Values:

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Average Value
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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
Weinberg Ariel $2,295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weinberg Ariel $1,836,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2022 08/26/22 Sold $2,295,000 -2.3% $1,567 / Sq Ft
07/06/2022 07/06/22 Pending -- -- --
05/20/2022 05/20/22 Price Changed $2,350,000 -5.8% $1,604 / Sq Ft
03/16/2022 03/16/22 Price Changed $2,495,000 0.0% $1,703 / Sq Ft
03/16/2022 03/16/22 For Sale $2,495,000 +8.7% $1,703 / Sq Ft
12/03/2021 12/03/21 Off Market $2,295,000 -- --
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 $27,176 $266,629 $14,794 $251,835
2024 $27,176 $268,752 $14,794 $253,958
2023 $24,563 $246,895 $14,794 $232,101
2022 $22,902 $214,783 $14,794 $199,989
2021 $21,910 $183,069 $14,794 $168,275
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10792153

Real Estate Board of New York (REBNY)

APN: 00051-1179