NOT LISTED FOR SALE

Estimated Value: $1,174,000 - $1,574,000

2 Beds
2 Baths
935 Sq Ft
$805/mo HOA Fee

Last Sold September 08, 2020

Last sale price $1,080,000 $1,155 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $8,378/month

3,699 Days on Market

Highlights

  • Rooftop Deck
  • Pre War Building
  • Central Air
  • River View
  • Entrance Foyer
  • 2-minute walk to William Sheridan Playground

About This Home

As of September 2020

A pristine Williamsburg condo saturated with southern and western light, this convertible 2-bedroom, 2-bathroom home is a portrait of contemporary Brooklyn living. Features of this 935 sq. ft. apartment include gorgeous American walnut flooring, central heating and cooling, a convenient in-unit washer/dryer from Bosch, and large casement windows with views of the East River and Williamsburg Bridge.

Beyond a tasteful foyer adorned with a large coat closet, the home flows into an expansive, open-concept living room, dining room, and kitchen. The living and dining areas are saturated with natural light, while the kitchen is equipped with an eat-in peninsula, sleek marble countertops, a subway tiled backsplash, tiled flooring, and a suite of high-end stainless steel appliances from Bosch and Fisher & Paykel.

Both bedrooms are quiet and private thanks to a thoughtful split-wing layout. The master bedroom sits just off the living room and has dual exposure while the second bedroom has a large closet and sits across from a full bathroom with a deep soaking tub. The second full bathroom has a floating vanity, a vessel sink, and a walk-in rain shower.

Factory Lofts is a boutique condominium nestled in the trendy neighborhood of Williamsburg. The building is a converted factory from 1910 and has a common rooftop deck with stunning Manhattan and East River views. It is surrounded by restaurants, cafes, bars, theaters, galleries, and shops, and it is close to East River State and Bushwick Inlet Parks. Nearby public transportation include the L subway line and the NYC Ferry. Pets are welcome

Last Agent to Sell the Property

Philip Fatta

Nest Seekers LLC License #10401208324 Listed on: 09/21/2019

Nest Seekers LLC

Co-Listed By

Alexandra Fatta

Nest Seekers LLC License #10401307853

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,032

Year Built

  • Built in 1910

Lot Details

  • 6,490

HOA Fees

  • $805 Monthly HOA Fees

Home Design

  • Pre War Building

Interior Spaces

  • 935 Sq Ft Home
  • Entrance Foyer
  • River Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 17 / 2378

Community Details

Overview

  • Williamsburg Subdivision
  • 5-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,032

Year Built

Built in 1910

Lot Details

0

HOA Fees

$805 per month

Listing Details

  • Cross Street: Kent Avenue/Wythe Avenue
  • Exposures: South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Williamsburg
  • Architectural Style: Prewar
  • Entry Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Interior Features: Entrance Foyer
  • Appliances: Dryer, Washer
  • Living Area: 935.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Exterior Features

  • View: River
  • View: Yes
  • Exterior Features: Building Roof Deck

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: 805.0
  • 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: 1910

Tax Info

  • Tax Block: 2378
  • Tax Lot: 17
  • Tax Annual: 1032.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2019
Closed on
Sep 8, 2020
Sold by
Martinez Nicole M and Phipps Ian Martins
Bought by
Koblentz Benjamin Z
Seller's Agent
Philip Fatta
Nest Seekers LLC
List Price
$1,080,000
Sold Price
$1,080,000
Current Estimated Value
$1,385,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,415
Avg. Annual Appreciation
5.27%
Original Mortgage
$864,000
Outstanding Balance
$771,947
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$623,482

Purchase Details

Closed on
Oct 27, 2017
Sold by
Johnson Jessica Dara
Bought by
Martinez Nicole M and Phipps Ian Martins

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,000
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2011
Sold by
North One Estates Llc
Bought by
Johnson Jessica Dara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Koblentz Benjamin Z $1,080,000 --
Martinez Nicole M $975,000 --
Johnson Jessica Dara $575,311 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koblentz Benjamin Z $864,000
Previous Owner Martinez Nicole M $636,000
Previous Owner Martinez Nicole M $241,000
Previous Owner Johnson Jessica Dara $385,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2020 09/08/20 Sold $1,080,000 0.0% $1,155 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
05/31/2010 05/31/10 For Sale $1,080,000 -- $1,155 / 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 $469 $133,472 $18,754 $114,718
2024 $469 $146,079 $18,754 $127,325
2023 $460 $119,589 $18,754 $100,835
2022 $459 $113,876 $18,754 $95,122
2021 $460 $83,632 $18,754 $64,878
2020 $226 $98,309 $18,754 $79,555
2019 $473 $95,470 $18,754 $76,716
2018 $477 $83,272 $18,755 $64,517
2017 $477 $64,601 $18,754 $45,847
2016 $484 $62,484 $18,754 $43,730
2015 $378 $59,139 $18,754 $40,385
2014 $378 $56,854 $18,754 $38,100
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10623793

Real Estate Board of New York (REBNY)

APN: 02378-1018