NOT LISTED FOR SALE

Estimated Value: $1,057,791 - $1,769,000

1 Bed
1.5 Baths
1,293 Sq Ft
$671/mo HOA Fee

Last Sold July 07, 2022

Last sale price $1,655,000 $1,280 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $10,120/month

16 Days on Market

About This Home

As of July 2022

Be a part of the select few in residence at DUMBO's Iconic Clocktower Condominium. Revel in your sprawling 1293 sq ft of luxurious space featuring an enormous living room perfect for entertaining, a spacious en-suite primary bedroom,five fixture bathroom with double sinks, jacuzzi tub and separate shower, chef's kitchen featuring SubZero Bosch and Thermador appliances which opens to the living area for ease of entertaining, powder room extra flexible space, perfect for a home office nursery or very large utility W/D area with lots of extra storage. 1 Main offers 24 hour concierge, beautiful furnished roof deck with adjacent fitness facility, bike room and storage facility and is across the street from the fabulous Brooklyn Bridge Park, Empire Marketplace, and in close proximity to East River Ferry, F, A, C, 2 & 3 trains and tons of great restaurants, cafes and unique and trendy shops and gourmet food purveyors. FIRST SHOWINGS AT OH SUNDAY 4/3

Last Listed By

Fran Kaback

Brown Harris Stevens Residential Sales LLC License #10301200620 Listed on: 03/28/2022

Brown Harris Stevens Residential Sales LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,220

Year Built

  • Built in 1900

HOA Fees

  • $671 Monthly HOA Fees

Home Design

  • 1,293 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Community Details

  • 124 Units
  • The Clocktower Condos
  • Dumbo Subdivision
  • 12-Story Property

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,220

Year Built

Built in 1900

Lot Details

0

HOA Fees

$671 per month

Listing Details

  • Cross Street: PLYMOUTH STREET and WATER STREET
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Dumbo
  • Entry Level: 6
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 1293.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 671.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: THE CLOCKTOWER
  • Units: 124
  • Total Stories: 12
  • Year Built: 1900

Tax Info

  • Tax Block: NA
  • Tax Annual: 8220.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2022
Closed on
Jul 7, 2022
Sold by
Alworth David D
Bought by
Dereix Michael Philippe Alain and Sigfrids Rebekah Ruth
Seller's Agent
Fran Kaback
Brown Harris Stevens Residential Sales LLC
List Price
$1,500,000
Sold Price
$1,655,000
Premium/Discount to List
$155,000
10.33%
Total Days on Market
16
Current Estimated Value
$1,549,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$105,052
Avg. Annual Appreciation
-2.28%
Original Mortgage
$478,540
Outstanding Balance
$459,032
Interest Rate
5.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,090,916

Purchase Details

Closed on
Jul 10, 2014
Sold by
Kchien Property Llc
Bought by
Alworth David D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,036,000
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 29, 2008
Sold by
Kenneth Chien Revocable Trust
Bought by
Kchien Property Llc

Purchase Details

Closed on
Nov 21, 2003
Sold by
Chien Kenneth
Bought by
Kenneth Chien Trustee

Purchase Details

Closed on
Feb 5, 1999
Sold by
One Main Llc
Bought by
Chien Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.92%

Range of Values:

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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
Dereix Michael Philippe Alain $1,655,000 --
Alworth David D $1,295,000 --
Kchien Property Llc -- --
Kenneth Chien Trustee -- --
Chien Kenneth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dereix Michael Philippe Alain $478,540
Previous Owner Alworth David D $1,036,000
Previous Owner Chien Kenneth $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2022 10/09/22 Off Market $1,655,000 -- --
07/07/2022 07/07/22 Sold $1,655,000 +10.3% $1,280 / Sq Ft
06/18/2022 06/18/22 Off Market $1,500,000 -- --
06/14/2022 06/14/22 For Sale $1,500,000 0.0% $1,160 / Sq Ft
06/12/2022 06/12/22 Off Market $4,600 -- --
03/28/2022 03/28/22 For Sale $1,500,000 0.0% $1,160 / Sq Ft
08/12/2020 08/12/20 Rented -- -- --
08/12/2020 08/12/20 Rented $4,600 0.0% --
07/13/2020 07/13/20 Under Contract -- -- --
06/22/2020 06/22/20 For Rent $4,600 +8.2% --
09/13/2013 09/13/13 For Rent $4,250 -- --
09/13/2013 09/13/13 Rented -- -- --
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
2024 $10,268 $89,596 $1,592 $88,004
2023 $7,976 $88,595 $1,592 $87,003
2022 $8,909 $76,648 $1,592 $75,056
2021 $8,233 $73,191 $1,592 $71,599
2020 $3,552 $82,639 $1,592 $81,047
2019 $6,268 $72,976 $1,592 $71,384
2018 $5,147 $59,802 $1,592 $58,210
2017 $4,264 $47,093 $1,592 $45,501
2016 $3,890 $45,304 $1,592 $43,712
2015 $2,687 $25,077 $1,592 $23,485
2014 $2,687 $25,076 $1,592 $23,484
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10782174

Real Estate Board of New York (REBNY)

APN: 00027-1052