NOT LISTED FOR SALE

Estimated Value: $483,934

Studio
1 Bath
650 Sq Ft
$331/ mo HOA Fee

Last Sold August 27, 2021

Last sale price $455,000 $700 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,121/month

4,076 Days on Market

Highlights

  • Rooftop Deck
  • Pre War Building
  • 4-minute walk to McGolrick Playground
  • City View
  • Central Air

About This Home

As of August 2021

COMMERCIAL CONDO ONLY FOR COMMERCIAL USE. An amazing opportunity awaits within 231 Norman,condo converted m1-1 loft building in Greenpoint. This LOFT is located steps away from Manhattan Avenue and 1 block from McGolrick Park and is 5 min walk to G stop on Nassau Avenue. The building used to be a sponge factory but was converted into a building with 13.5 foot ceilings and huge oversized windows. The loft space is a huge 650 square feet with a lot of of natural light which is great for an artist studio or office space. There is also upgrades being done to the building.

The building comes with a gorgeous roof deck with 360 degree views of New York City and a common court yard. It also has a virtual doorman with key fob system, full time super, maintenance, elevator and high tech security. Inexpensive common charges with tax abatement up to June of 2031. Potential rent is up to 3,000 a month. It is a great investment with prices increasing around the area and you will not find such a space anymore in the city!

Last Agent to Sell the Property

De Yow

Serhant License #10301219555 Listed on: 08/31/2020

Serhant

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $852

Year Built

  • Built in 1913

HOA Fees

  • $331 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 5th floor

Interior Spaces

  • 1 Full Bathroom
  • 650 Sq Ft Home

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7501 / 2629

Community Details

Overview

  • Greenpoint Subdivision
  • 5-Story Property

Amenities

  • Rooftop Deck
  • Courtyard

Property Details

Home Type

Condominium

Est. Annual Taxes

$852

Year Built

Built in 1913

Lot Details

0 Sq Ft Lot

HOA Fees

$331 per month

Listing Details

  • Cross Street: Russell Street/North Henry Street
  • Exposures: East,North,South
  • Property SubType: Office
  • Property Type: Residential
  • Neighborhood: Greenpoint
  • Architectural Style: Prewar
  • Entry Level: 5
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Living Area: 650.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Courtyard, Building Roof Deck

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 331.0
  • 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: 5
  • Year Built: 1913

Tax Info

  • Tax Block: 2629
  • Tax Lot: 7501
  • Tax Annual: 852.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2020
Closed on
Aug 27, 2021
Sold by
Woroniecka Marysia
Bought by
Defeo Michelle and Wagner Yanik
Seller's Agent
De Yow
Serhant
Sold Price
$455,000
Current Estimated Value
$483,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,934
Avg. Annual Appreciation
1.36%

Purchase Details

Closed on
Sep 22, 2020
Sold by
Armstead Kenseth and Armstead Marysia W
Bought by
Woroniecka Marysia

Purchase Details

Closed on
Jan 6, 2011
Sold by
231 Norman Avenue Property Development Llc
Bought by
Armstead Kenseth
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
Defeo Michelle $435,000 --
Woroniecka Marysia $63,702 --
Armstead Kenseth $195,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2021 08/27/21 Sold $455,000 0.0% $700 / Sq Ft
02/02/2021 02/02/21 For Sale -- -- --
01/31/2021 01/31/21 Off Market $455,000 -- --
08/31/2020 08/31/20 For Sale -- -- --
08/02/2010 08/02/10 Off Market $455,000 -- --
04/16/2010 04/16/10 For Sale $455,000 -- $700 / 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 $2,943 $69,499 $3,550 $65,949
2024 $2,943 $66,421 $3,550 $62,871
2023 $2,303 $58,483 $3,550 $54,933
2022 $1,705 $55,068 $3,550 $51,518
2021 $406 $46,041 $3,550 $42,491
2019 $984 $57,332 $3,550 $53,782
2018 $833 $50,166 $3,550 $46,616
2017 $833 $46,157 $3,550 $42,607
2016 $838 $46,133 $3,550 $42,583
2015 $615 $46,634 $3,549 $43,085
2014 $615 $41,684 $3,550 $38,134
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10624887

Real Estate Board of New York (REBNY)

APN: 02629-1057

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