NOT LISTED FOR SALE

Estimated Value: $470,211 - $647,000

Studio
0.5 Bath
505 Sq Ft
1928 Built

Sale Details

Date Sold: January 24, 2022

Last sale price $425,000 $842 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,620 / mo

640 Days on Market

Highlights

  • Rooftop Deck
  • 2-minute walk to Long Island City-Court Square
  • Terrace
  • P.S./I.S. 78Q Early Childhood Center Rated A
  • Pre War Building
  • 1-minute walk to Court Square Park

About This Home

As of January 2022

OFFICE SPACE EXCLUSIVELY. NO LIVING PERMITTED.
This is an exceptional opportunity to own an office/artist work space at the full-service Arris Lofts. A perfect space for a music studio/art studio. This south-facing 489 sf loft features 12 ft ceilings, oversized soundproof airport-grade windows and a PRIVATE TERRACE. It comes with a separate storage room and a half bath. The kitchenette is fitted with a microwave and refrigerator. Amenities include 24-hour doorman and concierge service, bike room and PARKING garage.

Built in 1920, Arris Lofts, once home to the Eagle Electric Manufacturing Factory, was impeccably converted in 2007 and designed by renowned architect Costas Kondylis.

Located in the most convenient Long Island City neighborhood. Arris Lofts is off the E, M, 7, N, R, Q and G trains. In just one stop you are at 53rd and Lexington Ave with the E and M trains, and at 60th and Lexington Ave with the R train. Also, you are 3 stops from Grand Central Station with the 7 train. Call me today to see this exceptional artist studio.

Last Agent to Sell the Property

Hanifa Scully

Corcoran Group License #10301208832 Listed on: 02/04/2020

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,092

Year Built

  • Built in 1928

HOA Fees

  • $397 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 505 Sq Ft Home
  • Pre War Building

Additional Features

  • 0.5 Bathroom
  • Washer and Dryer Hookup
  • Terrace
  • South Facing Home
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7501 / 82

Community Details

Overview

  • Court Square Subdivision
  • 8-Story Property

Amenities

  • Rooftop Deck
  • Community Garden
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,092

Year Built

Built in 1928

Lot Details

0 Sq Ft Lot

HOA Fees

$397 per month

Listing Details

  • Cross Street: Court Square/44th Drive
  • Exposures: South
  • Property SubType: Office
  • Property Type: Residential
  • Neighborhood: Court Square
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Living Area: 505.0
  • Living Area Units: Square Feet

Beds/Baths

  • Half Bathrooms: 1
  • Bathrooms Integer: 1

Exterior Features

  • Exterior Features: Building Courtyard, Building Garden, Building Roof Deck
  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 397.0
  • 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: 1928

Tax Info

  • Tax Block: 82
  • Tax Lot: 7501
  • Tax Annual: 1092.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2020
Closed on
Jan 21, 2022
Sold by
Hargraves Elizabeth
Bought by
Octaquad Llc
Seller's Agent
Hanifa Scully
Corcoran Group
List Price
$425,000
Sold Price
$425,000
Current Estimated Value
$558,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,606
Avg. Annual Appreciation
6.58%

Purchase Details

Closed on
Jan 4, 2008
Sold by
Tag Court Square Llc
Bought by
Hargraves Elizabeth
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Octaquad Llc $425,000 --
Hargraves Elizabeth $254,562 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2022 01/24/22 Sold $425,000 0.0% $842 / Sq Ft
12/31/2020 12/31/20 Off Market $425,000 -- --
02/04/2020 02/04/20 For Sale $425,000 -- $842 / 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
2026 $2,910 $28,223 $1,353 $26,870
2025 $2,670 $27,038 $1,353 $25,685
2024 $2,670 $25,207 $1,353 $23,854
2023 $3,147 $29,715 $1,353 $28,362
2022 $2,716 $30,703 $1,353 $29,350
2021 $1,831 $28,029 $1,353 $26,676
2020 $1,847 $34,538 $1,353 $33,185
2019 $1,090 $32,175 $1,353 $30,822
2018 $527 $33,483 $1,352 $32,131
2017 $636 $33,309 $1,353 $31,956
2016 $487 $33,309 $1,353 $31,956
2015 $121 $31,493 $1,451 $30,042
2014 $121 $31,578 $1,687 $29,891
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10835980

Real Estate Board of New York (REBNY)

APN: 00082-1006

Your Personal Tour Guide

Ask me questions while you tour the home.