NOT LISTED FOR SALE

Estimated Value: $2,992,000 - $3,658,000

3 Beds
2.5 Baths
1,877 Sq Ft
$1,960/mo HOA Fee

Last Sold November 02, 2023

Last sale price $2,700,000 $1,438 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $21,675/month

186 Days on Market

Highlights

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

About This Home

As of November 2023

Free Parking & Free Storage
On any signed contract in February 2023
Available Fully Furnished*

One of a kind 3-bedroom residence in 98 Front featuring a unique triple exposure layout and a terrace over 170 SF that is perfect for entertaining.

With exceptional buyer incentives and favorable interest rates, it’s now or never to secure a unit from the luxury penthouse collection in the most sought-after boutique condominium in Brooklyn. All units ready for immediate closing, you are searching at the perfect time.

Imported Italian kitchens are a clean organic palate – paneled in blonde wood complemented by modern white Corian countertops and backsplashes. Designed with day to day living as well as entertainment in mind, residents enjoy top-of-the-line Bosch appliances, including a paneled refrigerator and dishwasher, gas cooktop, convection oven and speed ovens; and Grohe faucets and soap dispensers.

Two spa-like bathrooms boast radiant heat flooring, oversized showers or Maax tubs, custom Laufen sinks, vertical recessed medicine cabinets, large format tiles, brushed nickel fixtures 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 play room, 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 boroughs 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.

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

Last Agent to Sell the Property

98 Front Sales Center

Triumph Property Group Ltd License #A Listed on: 03/17/2022

Co-Listed By

Lauren Caputo

Triumph Property Group Ltd License #30CA0946518

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $29,730

Year Built

  • Built in 2020

Lot Details

  • 0.54

HOA Fees

  • $1,960 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 11th floor

Interior Spaces

  • 1,877 Sq Ft Home
  • Entrance Foyer

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Additional Features

  • Terrace
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7502 / 51

Community Details

Overview

  • Dumbo Subdivision
  • 10-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$29,730

Year Built

Built in 2020

Lot Details

0

HOA Fees

$1,960 per month

Listing Details

  • Cross Street: Washington Street/Adams Street
  • Exposures: East,North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Dumbo
  • Entry Level: 11
  • Structure Type: None
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 10

Interior Features

  • Interior Features: Dining Area, Entrance Foyer
  • Appliances: Dryer, Washer
  • Living Area: 1877.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1960.16
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Total Stories: 10
  • Year Built: 2020

Tax Info

  • Tax Block: 51
  • Tax Lot: 7502
  • Tax Annual: 29729.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2022
Closed on
Nov 2, 2023
Sold by
80 Adams Property Owner Llc
Bought by
Shahrooz Dorsay Nia and Shahrooz Soheil
Seller's Agent
98 Front Sales Center
Triumph Property Group Ltd
List Price
$3,395,000
Sold Price
$2,700,000
Premium/Discount to List
-$695,000
-20.47%
Views
142
Current Estimated Value
$3,207,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$507,931
Avg. Annual Appreciation
8.23%
Original Mortgage
$2,000,000
Outstanding Balance
$1,963,823
Interest Rate
7.31%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,244,108
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shahrooz Dorsay Nia $2,700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shahrooz Dorsay Nia $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2023 11/02/23 Sold $2,700,000 -9.8% $1,438 / Sq Ft
10/26/2023 10/26/23 Off Market $2,995,000 -- --
10/10/2023 10/10/23 Off Market $2,995,000 -- --
08/09/2023 08/09/23 Pending -- -- --
05/05/2023 05/05/23 Price Changed $2,995,000 -11.8% $1,596 / Sq Ft
02/03/2023 02/03/23 For Sale $3,395,000 -- $1,809 / 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 $35,278 $346,119 $19,204 $326,915
2024 $35,278 $348,875 $19,204 $329,671
2023 $31,886 $320,502 $19,204 $301,298
2022 $29,730 $278,816 $19,204 $259,612
2021 $28,443 $237,647 $19,204 $218,443
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10953422

Real Estate Board of New York (REBNY)

APN: 00051-1250