NOT LISTED FOR SALE

Estimated Value: $1,096,000 - $1,914,000

2 Beds
2 Baths
972 Sq Ft
$184/mo HOA Fee

Last Sold July 03, 2014

Last sale price $1,230,000 $1,265 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $7,954/month

47 Days on Market

Highlights

  • Pre War Building
  • Terrace
  • Intercom
  • P.S. 29 John M. Harrigan Rated A
  • Den
  • 3-minute walk to Mother Cabrini Park

About This Home

As of July 2014

You don?t have to choose between brownstone charm and new construction finishes. 118 President has it all. This boutique condo was converted in 2012 to include everything today?s buyer is looking for: two bedrooms (convertible to 3), two full baths, open kitchen with top of the line appliances, central air conditioning, washer/dryer, wood burning fireplace, terrace off the master bedroom, a large private storage space in the basement, plus a private 400sf roof deck. Incredibly low common charges complete the picture.

118 President?s exposed brick, oak floors, oversized windows and high ceilings perfectly balance the industrial heritage of this waterfront community with townhouse refinements. The kitchen features a Bertazzoni range, Bosch dishwasher and Liebherr fridge, with classic white cabinets and Caesarstone countertops. The dining area can be converted to an office or third bedroom. Master bedroom has an en suite bath with shower. The second bath has a Zuma deep soaking tub. This home is truly a must-see.

The current owners added California closets, custom window treatments, a washer and dryer, as well as all-weather decking to finish the spectacular private roof deck. Own a like-new home without paying transfer taxes!

All this in a charming neighborhood that is home to some of Brooklyn?s best gardens, parks, restaurants and shops. Take the Brooklyn Greenway bike path to Brooklyn Bridge Park, dine at Alma or Calexico, shop for homewares and gifts at Brooklyn Collective or Brooklyn General. Close to schools, shops, and restaurants in Carroll Gardens and Red Hook, amazing community gardens and parks, Pok Pok and the Jalopy Theatre - come discover why homebuyers are flocking to the Columbia Waterfront District.

Last Agent to Sell the Property

Tina Fallon

Realty Collective LLC License #40FA1119233 Listed on: 04/17/2014

Realty Collective LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,200

Year Built

  • Built in 1900

HOA Fees

  • $184 Monthly HOA Fees

Home Design

  • Pre War Building

Interior Spaces

  • 972 Sq Ft Home
  • 4-Story Property
  • Den
  • Intercom

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Terrace
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 21 / 348

Community Details

Overview

  • 4 Units
  • Columbia Street Wate Subdivision

Building Details

  • 2 Vacant Units

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,200

Year Built

Built in 1900

Lot Details

0

HOA Fees

$184 per month

Listing Details

  • Cross Street: Hicks Street/Columbia Street
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Columbia Street Wate
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Features: Den
  • Appliances: Dryer, Washer
  • Equipment (Other): Intercom
  • Living Area: 972.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6
  • Dining Room Type: Den

Beds/Baths

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

Exterior Features

  • Patio/Porch Features: Terrace, Rooftop

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 184.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 28.33 x 0.0

Building Info

  • New Construction: No
  • Units: 4
  • Total Stories: 4
  • Year Built: 1900

Tax Info

  • Tax Block: 348
  • Tax Lot: 21
  • Tax Annual: 13200.0

Multi Family

  • Units (Vacant): 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2020
Sold by
Cagnazzi Cristin and Cagnazzi Michael
Bought by
Keely Cagnazzi Cristin
Current Estimated Value
$1,428,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,187
Outstanding Balance
$137,861
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,290,959

Purchase Details

Listed on
Apr 17, 2014
Closed on
Jul 3, 2014
Sold by
Holmes Aaron B and Klein Catherine L
Bought by
Cagnazzi Cristin and Cagnazzi Michael
Seller's Agent
Tina Fallon
Realty Collective LLC
List Price
$1,230,000
Sold Price
$1,230,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.34%
Original Mortgage
$600,000
Outstanding Balance
$456,335
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$972,485

Purchase Details

Closed on
Jan 10, 2013
Sold by
President Street Home Llc
Bought by
Holmes Aaron B and Klein Catherine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$719,200
Interest Rate
3.38%
Mortgage Type
Purchase Money Mortgage
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
Keely Cagnazzi Cristin -- --
Cagnazzi Cristin $1,230,000 --
Holmes Aaron B $907,203 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keely Cagnazzi Cristin $153,187
Open Cagnazzi Cristin $600,000
Previous Owner Holmes Aaron B $719,200
Closed Holmes Aaron B $44,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2014 07/03/14 Sold $1,230,000 0.0% $1,265 / Sq Ft
06/03/2014 06/03/14 Pending -- -- --
04/17/2014 04/17/14 For Sale $1,230,000 -- $1,265 / 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 $1,983 $261,044 $3,415 $257,629
2024 $1,983 $261,305 $3,415 $257,890
2023 $1,802 $217,754 $3,415 $214,339
2022 $1,797 $213,937 $3,415 $210,522
2021 $1,670 $238,545 $3,415 $235,130
2020 $795 $260,341 $3,415 $256,926
2019 $1,539 $225,749 $3,415 $222,334
2016 $1,350 $10,470 $256 $10,214
2015 -- $10,139 $248 $9,891
2014 -- $9,388 $230 $9,158
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10063910

Real Estate Board of New York (REBNY)

APN: 00348-1103