NOT LISTED FOR SALE

Estimated Value: $848,745 - $1,056,000

1 Bed
1 Bath
787 Sq Ft
2008 Built

Sale Details

Date Sold: February 4, 2021

Last sale price $870,000 $1,105 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,464 / mo

4455 Days on Market

Highlights

  • Rooftop Deck
  • 2-minute walk to Long Island City-Court Square
  • Balcony
  • P.S./I.S. 78Q Early Childhood Center Rated A
  • City View
  • 2-minute walk to Court Square Park

About This Home

As of February 2021

Great deal / investment opportunity - Large One bedroom with Windowed Home Office - Court Square - Long Island City - Tax Abatement until 2025!

787 SFone bedroom plus windowed home office & balcony @ Vere Condominium in Court Square LIC.

Apartment is in excellent condition with many upgrades. The south/west exposure and floor to ceiling windows ensure plenty of light all throughout the day regardless of season. Unit features a balcony, brazilian wallnut hardwood floors, caesar stone countertops, Bosch appliances, heated floors in bathroom, 9'6" ceilings, central heat/ac.

2 blocks away from the 7, E, M, G , N , Q , R trains and only 7 minutes into midtown Manhattan, and also in the immediate vicinity of Moma PS1, Trader Joe's, Sculpture Center, Food Cellar,JetBlue, DOH, DOE, Citi and more.

The Vere Boutique Living presents award winning architecture characterized by a full glass curtain wall construction, a unique exposed geometric framework that allows space to flow through the structure, soaring ceiling heights, advanced heating and cooling systems and a designer lobby. From the translucent, reflective blue glass curtain wall, to the penthouse gym, living at Vere is a spirited reflection of who you are. Internationally distinguished designer, Andres Escobar has masterfully filled a canvas of cool glass and modernism with a classic sense of intimacy . The lobby is bathed in welcoming textures- walnut, ebony, leather and limestone. Hallways and other shared spaces reflect this designer vision, sending a clear message of- Vere quality. Nest smart thermostat. Amenities include the Sky Gym, Roof Terrace, Outdoor Kitchen, Storage and Cold Storage.

Call or email for appointment, easy showings and board approval.

Last Agent to Sell the Property

Adrian Lupu

Nest Seekers LLC License #10301217571 Listed on: 07/08/2020

Nest Seekers LLC

Co-Listed By

Raizy Mandel

Nest Seekers LLC License #10401339411

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $300

Year Built

  • Built in 2008

HOA Fees

  • $871 Monthly HOA Fees

Home Design

  • Entry on the 6th floor

Interior Spaces

  • 787 Sq Ft Home
  • City Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Balcony
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 19 / 267

Community Details

Overview

  • Long Island City Subdivision
  • 12-Story Property

Amenities

  • Rooftop Deck
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$300

Year Built

Built in 2008

Lot Details

0 Sq Ft Lot

HOA Fees

$871 per month

Listing Details

  • Cross Street: 44th Drive/Purves Street
  • Exposures: East,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Long Island City
  • Entry Level: 6
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 787.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Balcony, Building Roof Deck
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 871.0
  • 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: 12
  • Year Built: 2008

Tax Info

  • Tax Block: 267
  • Tax Lot: 19
  • Tax Annual: 300.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2020
Closed on
Feb 18, 2021
Sold by
Browne Daniel
Bought by
Lin George G and Lin George Guhuai
Seller's Agent
Adrian Lupu
Nest Seekers LLC
List Price
$870,000
Sold Price
$870,000
Current Estimated Value
$949,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,936
Avg. Annual Appreciation
1.70%
Original Mortgage
$688,000
Outstanding Balance
$615,340
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$334,596

Purchase Details

Closed on
Sep 5, 2012
Sold by
Farmanfarmaian Alireza N
Bought by
Browne Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2009
Sold by
26-26 Jackson Avenue Llc
Bought by
Farmanfarmaian Alireza N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
4.71%
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
Lin George G $860,000 --
Browne Daniel $543,400 --
Farmanfarmaian Alireza N $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin George G $688,000
Previous Owner Browne Daniel $489,000
Previous Owner Farmanfarmaian Alireza N $197,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2021 02/04/21 Sold $870,000 0.0% $1,105 / Sq Ft
12/10/2020 12/10/20 Pending -- -- --
09/29/2008 09/29/08 For Sale $870,000 -- $1,105 / 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 $6,258 $66,157 $9,374 $56,783
2024 $6,258 $62,015 $9,374 $52,641
2023 $4,628 $60,223 $8,136 $52,087
2022 $2,925 $60,783 $9,374 $51,409
2021 $1,554 $54,508 $9,374 $45,134
2020 $276 $62,243 $9,374 $52,869
2019 $279 $60,400 $3,187 $57,213
2018 $281 $42,983 $3,187 $39,796
2017 $281 $39,961 $3,188 $36,773
2016 $285 $39,961 $3,188 $36,773
2015 $223 $37,849 $3,414 $34,435
2014 $223 $38,791 $3,526 $35,265
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10646033

Real Estate Board of New York (REBNY)

APN: 00267-1221

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