NOT LISTED FOR SALE

Estimated Value: $1,441,213 - $1,677,000

2 Beds
2 Baths
1,165 Sq Ft
$988/mo HOA Fee

Last Sold April 13, 2016

Current estimated payment $10,463/month

254 Days on Market

Highlights

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

About This Home

As of April 2016

Mint, turn-key 2-bedroom 2-bath beauty at The Beacon Tower, a full-service elevator building in the heart of DUMBO, offers unparalleled end?to-end views of the Manhattan Bridge and much more!

* Spacious living room and open kitchen layout with white marble countertops, high-end stainless steel appliances and ample storage allows for easy entertaining

* Large master suite with full bath, 3 (!) large closets and majestic bridge and city views

* Second bedroom with more bridge views!

* Soundproof CityQuiet windows for quiet enjoyment of the vibrant urban oasis that surrounds you

* 3 exposures fill the space with bright light

* Bamboo wood floors throughout, accentuated by 11 feet ceilings

* Convenient in-unit washer and dryer

* Numerous closets waiting to be filled with your treasures

The 23-story Beacon Tower offers a full complement of luxury amenities: 24-hour doorman and concierge, live-in super, Zen garden, gym, parking garage, and roof deck with full views of all three of Brooklyn?s most iconic Bridges: Brooklyn Bridge, Manhattan Bridge and Williamsburg Bridge. A plethora of trendy shops, award winning restaurants and waterfront green space make this one of the most desirable neighborhoods in Brooklyn. An array of transportation choices from just 500 feet (F train) to three quarters of mile away (A, C, J, Z, R, 2, 3, 4, 5 trains), plus a ferry at Fultons Landing offers unmatched convenience.

Last Agent to Sell the Property

Rezwan Sharif

Compass License #40SH1132448 Listed on: 05/11/2015

Compass

Co-Listed By

Helen Chee

Compass License #10301217489

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $384

Year Built

  • Built in 2006

HOA Fees

  • $988 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 1,165 Sq Ft Home
  • Entrance Foyer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7501 / 52

Community Details

Overview

  • Dumbo Subdivision
  • 23-Story Property

Amenities

  • Rooftop Deck
  • Community Garden
  • Courtyard
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$384

Year Built

Built in 2006

Lot Details

0

HOA Fees

$988 per month

Listing Details

  • Cross Street: Front Street/York Street
  • Exposures: East,North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Dumbo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 23

Interior Features

  • Interior Features: Dining Area, Entrance Foyer
  • Appliances: Dryer, Washer
  • Living Area: 1165.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Courtyard, Building Garden, Building Roof Deck

Garage/Parking

  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 988.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 23
  • Year Built: 2006

Tax Info

  • Tax Block: 52
  • Tax Lot: 7501
  • Tax Annual: 384.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2021
Sold by
Nemitz Kyla and Parekh Kyla
Bought by
Kmp Asset Llc
Current Estimated Value
$1,553,303

Purchase Details

Closed on
Apr 12, 2019
Sold by
Parekh Milan
Bought by
Nemitz Kyla and Parekh Kyla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,005
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 11, 2015
Closed on
Apr 7, 2016
Sold by
Schwabinger Susan
Bought by
Parekh Milan
Seller's Agent
Rezwan Sharif
Compass

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,112,000
Interest Rate
3.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 2007
Sold by
85 Adams Street Llc
Bought by
Schwabinger Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,950
Interest Rate
6.23%
Source: Public Records
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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
Kmp Asset Llc -- --
Kmp Asset Llc -- --
Nemitz Kyla -- --
Nemitz Kyla -- --
Parekh Milan $1,390,000 --
Parekh Milan $1,390,000 --
Schwabinger Susan $730,000 --
Schwabinger Susan $730,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nemitz Kyla $12,005
Previous Owner Parekh Milan $1,112,000
Previous Owner Schwabinger Susan $72,950
Previous Owner Schwabinger Susan $584,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2016 04/13/16 Sold -- -- --
01/20/2016 01/20/16 Pending -- -- --
05/11/2015 05/11/15 For Sale -- -- --
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 $16,221 $145,245 $2,543 $142,702
2024 $16,221 $139,897 $2,543 $137,354
2023 $15,375 $139,845 $2,543 $137,302
2022 $11,986 $131,470 $2,543 $128,927
2021 $8,672 $115,980 $2,543 $113,437
2020 $2,886 $130,952 $2,543 $128,409
2019 $2,873 $126,400 $2,543 $123,857
2018 $351 $121,986 $2,542 $119,444
2017 $351 $110,574 $2,542 $108,032
2016 $356 $87,620 $2,542 $85,078
2015 $278 $67,845 $2,543 $65,302
2014 $278 $64,246 $2,542 $61,704
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10064381

Real Estate Board of New York (REBNY)

APN: 00052-1028