NOT LISTED FOR SALE

Estimated Value: $1,354,009 - $2,675,000

1 Bed
1.5 Baths
1,500 Sq Ft
1914 Built

Sale Details

Date Sold: March 13, 2016

Last sale price $2,190,000 $1,460 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $12,652 / mo

51 Days on Market

Highlights

  • Rooftop Deck
  • Central Air
  • Laundry Facilities
  • Pre War Building
  • Garage
  • 1-minute walk to William Sheridan Playground

About This Home

As of March 2016

A one of a kind, true loft at Esquire Building spares no details with a designer renovation. The Esquire Building was the former Esquire Shoe Polish Company, one of the very few prewar conversions in Williamsburg. This ultra cool 2 level home features 18 ft. double height ceilings and double height windows. There are original exposed brick, wood beamed ceilings, poured concrete and natural oak floors throughout. The wall of windows face east and provide glowing light all day long. The space is magnificent!

In true loft living style, there is a great open living and dining room perfect for entertaining and gourmet cooking. The designer Italian kitchen is from GD Cucine?s Legno Vivo collection, made of sustainable natural solid oak, with Grigio Carnico grey marble counter tops. This kitchen is complete with high end appliances, Bosch 5 burner gas range and oven, Miele dishwasher and a Blonberg fridge. There is also a white tiled powder room on this floor for extra convenience.

The brand new upper level features 9.5? wide natural oak floors. The mezzanine master bedroom is extra large with a stunning en suite bathroom. This bright bathroom is designed with handmade Moroccan tiles by Martyn Lawrence Bullard and features a 66? cast iron claw foot tub complete with a freestanding british telephone faucet and a hand shower. There is also a separate shower stall with a thermostatic Strom shower head. In this upper level, there is an additional room that can be used as an office or closed off to create 2nd bedroom.

If that was not enough, there are many options to customize additional spaces that will only increase the investment value. The monthly expenses are very low and includes a J-51 tax abatement in place. Central heat and A/C is in place and washer and dryer is inside the apartment. The building features a rooftop terrace, laundry room, composting center, free cable and high speed internet and video intercom entry.

The location is in prime Wiliamsburg with notable cafes, restaurants while Whole Foods and Apple are to open in 2016. Great for primary home living or an excellent investment opportunity.

Last Agent to Sell the Property

Linda Ho

Serhant License #40ho1160897 Listed on: 10/19/2015

Serhant

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,104

Year Built

  • Built in 1914

HOA Fees

  • $195 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 1,500 Sq Ft Home
  • Pre War Building
  • Entry on the 4th floor

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer

Additional Features

  • East Facing Home
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7501 / 2403

Community Details

Overview

  • Williamsburg Subdivision
  • 8-Story Property

Amenities

  • Rooftop Deck
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,104

Year Built

Built in 1914

Lot Details

0 Sq Ft Lot

HOA Fees

$195 per month

Listing Details

  • Cross Street: South 2nd Street/South 3rd Street
  • Exposures: East
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Williamsburg
  • Architectural Style: Prewar
  • Entry Level: 4
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 1500.0
  • 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

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 195.0
  • 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: 8
  • Year Built: 1914

Tax Info

  • Tax Block: 2403
  • Tax Lot: 7501
  • Tax Annual: 1104.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2015
Closed on
Feb 8, 2016
Sold by
Walshe Terence
Bought by
Gishwati Llc
Seller's Agent
Linda Ho
Serhant
List Price
$2,190,000
Sold Price
$2,190,000
Current Estimated Value
$2,088,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$101,498
Avg. Annual Appreciation
-0.47%

Purchase Details

Closed on
Jun 24, 2014
Sold by
Sanders Michiel
Bought by
Walshe Terence

Purchase Details

Closed on
Nov 27, 2001
Sold by
330 Wythe Avenue Associa
Bought by
Sanders Michiel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
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
Gishwati Llc $2,190,000 --
Walshe Terence $1,370,000 --
Sanders Michiel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanders Michiel $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2016 03/13/16 Sold $2,190,000 0.0% $1,460 / Sq Ft
12/09/2015 12/09/15 Pending -- -- --
10/19/2015 10/19/15 For Sale $2,190,000 -- $1,460 / Sq Ft
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 $14,512 $134,754 $2,119 $132,635
2024 $14,512 $125,235 $2,119 $123,116
2023 $13,210 $117,101 $2,119 $114,982
2022 $12,294 $131,838 $2,119 $129,719
2021 $10,888 $101,441 $2,119 $99,322
2020 $5,326 $119,020 $2,119 $116,901
2019 $9,751 $116,001 $2,119 $113,882
2018 $9,757 $111,947 $2,119 $109,828
2017 $6,671 $83,302 $2,119 $81,183
2016 $4,405 $75,787 $2,119 $73,668
2015 -- $61,229 $3,098 $58,131
2014 -- $51,324 $3,137 $48,187
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10062789

Real Estate Board of New York (REBNY)

APN: 02403-1030

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