$1,595,000
PENDING $80K PRICE DROP

Estimated payment $10,799/month

Total Views 7,104
2 Beds
2 Baths
1,035 Sq Ft
$1,541 Price per Sq Ft

Highlights

  • Rooftop Deck
  • 1-minute walk to Graham Avenue
  • Balcony
  • P.S. 132 The Conselyea School Rated A-
  • Pre War Building
  • Central Air

About This Home

Southern facing 2-bedroom with outdoor space.Now OVER 80% Sold - Close ASAP. Open daily, four on-site model residences, schedule your exclusive tour today! In the heart of residential Williamsburg sits a historic brick building on Metropolitan Avenue, a former 1943 umbrella factory still intact with its notable charm. Following a vision for utilitarian chic residences, this remarkable building’s dynamic narrative carries on with 69 stunning residential studios to three-bedroom loft condominiums.Residence 5B is a corner, 2-bedroom layout with 2 exposures, Southern light and private outdoor space. The light, high ceilings and exposed timber beams are the first details you will notice as you enter. See below to learn more about the key features in the fantastic offering.Residence Features:• Wide Plank California Collection Select Grade Wood Flooring• Exposed Timber Construction• High Ceilings• Energy-Efficient Soundproof Rating Wausau & Kawneer Windows• Central Heating & Cooling• LG Washer & Dryer• Solid Core Doors w/ Matte Black Hardware• Bertazzoni Range• Fully Integrated Bosch Appliances• Marra Blanca Countertop and Backsplash• Custom Kitchen Cabinetry w/ Matte Black Hardware• Moen Matte Black Faucet• Under Cabinet LED Lighting• Signature Catalina Deep Soaking Tub• Toto Wall Mount Toilet• Wetstyle Custom SinkBuilding Amenities:• Doorman• Onsite Parking with EV-Charger• Fitness Center with Precor Equipment• Landscaped & Furnished Roof Deck w/ BBQ Station• Rooftop Dog Run• Individual Storage• Bike Storage• DogwashNeighborhood:Just blocks away from the busy Williamsburg waterfront, The Umbrella Factory sits steps from the L train in a coveted residential area of the famed neighborhood. With shopping, restaurants, nightlight galore, there is no shortage of amenities with the best of Williamsburg at your fingertips. The Umbrella Factory residents can be in Manhattan in less than 10 minutes with the Graham Avenue L train stop down the block.Images may be renderings or virtually staged, and/or represent model unit(s) and may not be reflective of the subject unit.Real estate taxes stated herein are estimates for the projected first year of condominium operation and do not reflect the building as fully completed. For further detail regarding anticipated increases in real estate taxes upon 100% completion of the building, prospective purchasers should review the Notes to Schedule A in the Offering Plan, as amended.Equal Housing Opportunity. All dimensions and square footages are approximate and subject to construction variances and may vary from floor to floor. Images are renderings and may not be reflective of the layout of the subject residence in this advertisement. This advertisement is not an offering. Sponsor reserves the right to make changes in accordance with the offering plan. The complete offering terms are in an offering plan available from the Sponsor. File No. CD18-0482. Sponsor: 722 Metropolitan LLC c/o SL Development 1178 Broadway, 3rd Floor #1321 New York, NY 10001.

Listing Agent

David Chi

MNS License #10301205194

Co-Listing Agent

Curtis Charles

MNS License #10401252110

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,336

Year Built

  • Built in 1943

HOA Fees

  • $1,369 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 1,035 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Additional Features

  • Balcony
  • South Facing Home
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 14 / 2764

Community Details

Overview

  • East Williamsburg Subdivision
  • 6-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,336

Year Built

Built in 1943

Lot Details

0

HOA Fees

$1,369 per month

Listing Details

  • Cross Street: Manhattan Avenue/Graham Avenue
  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: East Williamsburg
  • Architectural Style: Prewar, Loft
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 1035.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Storage, Balcony, Building Roof Deck
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, In Unit
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1369.13
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Total Stories: 6
  • Year Built: 1943

Tax Info

  • Tax Block: 2764
  • Tax Lot: 14
  • Tax Annual: 6336.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $6,860 $57,733 $11,754 $45,979
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2024 01/10/24 Pending -- -- --
09/12/2023 09/12/23 Price Changed $1,595,000 -4.8% $1,541 / Sq Ft
04/24/2023 04/24/23 Price Changed $1,675,000 0.0% $1,618 / Sq Ft
04/24/2023 04/24/23 For Sale $1,675,000 +1.5% $1,618 / Sq Ft
01/05/2023 01/05/23 Off Market $1,650,000 -- --
08/30/2022 08/30/22 For Sale $1,650,000 -- $1,594 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Deed History

Date Type Sale Price Title Company
Deed $1,555,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $750,000 Purchase Money Mortgage
Source: Public Records

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10930989

Real Estate Board of New York (REBNY)

APN: 02764-1149