NOT LISTED FOR SALE

Estimated Value: $1,073,775 - $1,586,000

1 Bed
1.5 Baths
1,285 Sq Ft
$485/mo HOA Fee

Last Sold September 28, 2021

Last sale price $970,000 $755 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $7,775/month

33 Days on Market

Highlights

  • Rooftop Deck
  • 3-minute walk to Greenpoint Avenue
  • Intercom
  • P.S. 34 Oliver H Perry Rated A-
  • Pre War Building
  • 3-minute walk to American Playground

About This Home

As of September 2021

Welcome to #1A at the Canvas Lofts, where the highly desired historic waterfront location of Greenpoint is combined with large usable spacious layouts. Space for the price is unparalleled. Once a factory in the 1930's, this 15-unit boutique condominium possesses low carrying costs, high ceilings, beautiful finishes, and flexibility to utilize its layouts in various ways.

The apartment boasts 11-foot ceilings and provides a beautiful, spacious flexible living. The upper level offers an open kitchen, living room and formal dining room, creating an airy flow. The lower level area can serve as a home office and a bedroom/rec room, along with a great outdoor space. There are one and a half bathrooms in the unit, with the added convenience of an in-unit washer and dryer. The kitchen features granite countertops and stainless steel appliances.

118 Greenpoint is located just one block to the Greenpoint Avenue G train and is just a few blocks to the East River Ferry. Abundant local eateries include Paulie G's Pizza, Oxomoco, Ramona, Karczma. Historic location with all of the action and waterfront park views. J-51 Tax benefits are in place until 2025. A private storage room is included with purchase. Secure bike storage is also available.

Last Agent to Sell the Property

Grigoriy Vladimirskiy

Serhant License #10401255034 Listed on: 06/02/2021

Serhant

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,304

Year Built

  • Built in 1931

HOA Fees

  • $485 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 1st floor

Interior Spaces

  • 1,285 Sq Ft Home
  • 3-Story Property
  • Entrance Foyer
  • Intercom

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Patio
  • South Facing Home
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7501 / 2563

Community Details

Overview

  • Greenpoint Subdivision

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,304

Year Built

Built in 1931

Lot Details

0 Sq Ft Lot

HOA Fees

$485 per month

Listing Details

  • Cross Street: Franklin Street/Manhattan Avenue
  • Exposures: South
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: Greenpoint
  • Architectural Style: Prewar
  • Entry Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Features: Entrance Foyer
  • Appliances: Dryer, Washer
  • Equipment (Other): Intercom
  • Living Area: 1285.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Roof Deck
  • Patio/Porch Features: Patio

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: 485.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 3
  • Year Built: 1931

Tax Info

  • Tax Block: 2563
  • Tax Lot: 7501
  • Tax Annual: 2304.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Sep 28, 2021
Sold by
Alexander Marina and Alexander Arthur Andrew
Bought by
Ambizas Harry and Ambizas Reiko
Seller's Agent
Grigoriy Vladimirskiy
Serhant
List Price
$970,000
Sold Price
$970,000
Current Estimated Value
$1,254,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,694
Avg. Annual Appreciation
6.05%
Original Mortgage
$720,000
Outstanding Balance
$653,717
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$600,977

Purchase Details

Closed on
Sep 18, 2015
Sold by
Alexander Marina and Alexander Arthur Andrew
Bought by
Alexander Marina and Alexander Arthur Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,095
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2014
Sold by
118 Greenpoint Avenue Llc and % Capital Real Estate Partners
Bought by
Alexander Marina and Alexander Arthur Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,446
Interest Rate
4.25%
Mortgage Type
FHA
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
Ambizas Harry $970,000 --
Ambizas Harry $970,000 --
Ambizas Harry $970,000 --
Alexander Marina -- --
Alexander Marina -- --
Alexander Marina -- --
Alexander Marina $711,757 --
Alexander Marina $711,757 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ambizas Harry $720,000
Closed Ambizas Harry $720,000
Previous Owner Alexander Marina $9,095
Previous Owner Alexander Marina $636,446
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2021 09/28/21 Sold $970,000 0.0% $755 / Sq Ft
07/06/2021 07/06/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $970,000 0.0% $755 / Sq Ft
01/13/2020 01/13/20 For Rent $4,000 -- --
01/13/2020 01/13/20 Rented -- -- --
Source: Real Estate Board of New York (REBNY)

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 $9,926 $91,703 $5,691 $86,012
2024 $9,926 $101,686 $5,691 $95,995
2023 $8,157 $93,459 $5,691 $87,768
2022 $6,713 $90,403 $5,691 $84,712
2021 $3,385 $78,728 $5,691 $73,037
2020 $1,118 $88,484 $5,691 $82,793
2019 $1,881 $88,484 $5,691 $82,793
2018 $3,412 $85,622 $5,691 $79,931
2017 $3,206 $82,370 $5,690 $76,680
2016 $3,083 $80,126 $5,691 $74,435
2015 $1,108 $54,306 $5,690 $48,616
2014 $1,108 $73,297 $5,690 $67,607
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10723216

Real Estate Board of New York (REBNY)

APN: 02563-1001

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