NOT LISTED FOR SALE

Estimated Value: $2,752,000 - $3,647,000

3 Beds
2.5 Baths
1,613 Sq Ft
$1,777/mo HOA Fee

Last Sold December 16, 2022

Last sale price $2,900,000 $1,798 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $20,545/month

91 Days on Market

Highlights

  • Rooftop Deck
  • 2-minute walk to York Street
  • Garage
  • Entrance Foyer
  • Central Air
  • 3-minute walk to Susan Smith McKinney Steward Park

About This Home

As of December 2022

*1 parking spot included for a limited time (valued at $150,000)*

The New Frontier of DUMBO Luxury.

Introducing this stunning DUMBO penthouse with high-end finishes and an expansive private outdoor terrace, this 3-bedroom, 2.5-bathroom condo exudes modern tranquility and urban sophistication. Floor to ceiling sound-attenuated triple-glaze windows let in steady beams of natural northeastern light throughout the day, accentuating high ceilings, exposed concrete and blonde wood surfaces, and wide plank oak floors. The impressive 510sqft terrace is your blank canvas to create an urban outdoor oasis complete with bbq grill, lounge chairs and landscaping.

A welcoming foyer adorned with a coat closet and powder room ushers residents into a sprawling great room and kitchen flooded with natural light and Manhattan Bridge views. Perfect for entertaining or relaxing in, the open concept layout leaves room to spread across kitchen, living, dining or flow out onto your private terrace. The kitchen is a chef's dream, outfitted with a 4 seater peninsula, custom white oak rift cabinets, Blum hardware, Grohe fixtures, sleek Corian countertops and backsplash, and fully-integrated high-end Bosch appliances including wine refrigerator.



The primary suite sits on the other side of the home and features a large walk-in closet and a minimalist en-suite bathroom with a custom double vanity with floating oak shelving, radiant heated floors, brushed nickel AF New York fixtures, a recessed medicine cabinet, and a walk-in rain shower. The second and third bedrooms have private closet space and share access to a second full bathroom with a deep soaking tub. The home is also outfitted with a Bosch washer/dryer. High-tech upgrades include a Latch keyless lock, wireless ButterflyMX smart intercom system, Cat 6 cabling, and convenient USB outlets in all bedrooms.

98 Front Street is a transformative LEED-certified condominium situated in the heart of DUMBO. Imagined by award-winning firm ODA, the unique postmodern sculpted exterior seamlessly blends organic accents and textures with contemporary lines and high-end technology. Nestled in the heart of DUMBO, 98 Front Street is moments from the famous restaurants, bars, cafes, and shops that make this neighborhood so popular. Right outside its doors are also Brooklyn Bridge Park, Jane's Carousel, Time Out Market, and Cadman Plaza Parks. Residents enjoy a collection of stylish and functional amenities like a state-of-the-art fitness center with Peloton bikes, a rooftop outdoor workout area, an indoor saltwater pool and jacuzzi, a spa and steam room, lounge and coworking spaces, on-site parking, private storage, a bike room, 24-hour door attendants, a live-in resident manager, and a sprawling 7,000 sq. ft. rooftop terrace with a trio of outdoor kitchens, a Bocce court, sun lounging and dining areas, and an outdoor screening theatre. Transportation is very convenient with multiple subway options within minutes (A/C/F), the ferry to Wall Street or a quick car ride (less than 10 minutes) over the bridge into Downtown Manhattan. Pets are welcome.

The complete offering terms are available in an offering plan from Sponsor. File No. CD18-0246.

Last Agent to Sell the Property

Jennifer Lee

Serhant License #10301215018 Listed on: 08/02/2022

Serhant

Co-Listed By

Ryan Serhant

Serhant License #10301209394

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,656

Year Built

  • Built in 2019

Lot Details

  • 0.54

HOA Fees

  • $1,777 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 10th floor

Interior Spaces

  • 1,613 Sq Ft Home
  • Entrance Foyer

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Utilities

  • Central Air

Listing and Financial Details

  • Tax Block 00051

Community Details

Overview

  • 165 Units
  • Dumbo / Vinegar Hill Subdivision
  • 10-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$25,656

Year Built

Built in 2019

Lot Details

0

HOA Fees

$1,777 per month

Listing Details

  • Exposures: East,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: DUMBO / Vinegar Hill
  • Entry Level: 10
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 10

Interior Features

  • Interior Features: Entrance Foyer
  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 1613.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Building Roof Deck

Garage/Parking

  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1777.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Area: 23408.0
  • Lot Size Dimensions: 108.08 x 225.0

Building Info

  • New Construction: No
  • Units: 165
  • Total Stories: 10
  • Year Built: 2019

Tax Info

  • Tax Block: 00051
  • Tax Annual: 25656.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2022
Closed on
Dec 16, 2022
Sold by
80 Adams Property Owner Llc
Bought by
Krainz Roland
Seller's Agent
Jennifer Lee
Serhant
List Price
$3,350,000
Sold Price
$2,900,000
Premium/Discount to List
-$450,000
-13.43%
Views
4
Current Estimated Value
$3,025,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,393
Avg. Annual Appreciation
1.52%
Original Mortgage
$1,700,000
Outstanding Balance
$1,650,191
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,375,202
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
Krainz Roland $2,900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krainz Roland $1,700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/01/2023 01/01/23 Off Market $2,900,000 -- --
12/16/2022 12/16/22 Sold $2,900,000 -3.2% $1,798 / Sq Ft
11/02/2022 11/02/22 Pending -- -- --
10/03/2022 10/03/22 Price Changed $2,995,000 -10.6% $1,857 / Sq Ft
08/02/2022 08/02/22 For Sale $3,350,000 -- $2,077 / 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 $31,980 $313,763 $17,409 $296,354
2024 $31,980 $316,261 $17,409 $298,852
2023 $28,905 $290,541 $17,409 $273,132
2022 $26,950 $252,752 $17,409 $235,343
2021 $25,784 $215,431 $17,409 $198,022
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10861423

Real Estate Board of New York (REBNY)

APN: 00051-1243