Overview

Off Market
Map

$1,350,000

10% Min Down

338 Berry St #401

338 Berry Street, Brooklyn, NY 11249

Building: The Williamsberry

Condo in Williamsburg

2 Bed | 1.5 Bath | 951 ft² | $1,420/ft² | 4.02% Cap Rate

Listed Apr 19th, 2018
QUIET, BRIGHT & AIRY 2 BED/1.5 BATH FLOOR-THROUGH LOFT with TAX ABATEMENT. Apartment 401 is the first re-sale opportunity in South Williamsburg's Best New Condo, 338 Berry Street. This stunning loft in 79 South 5th Street, the ground up extension to 338 Berry, features a private elevator landing leading to a bright open concept Living /Dining space framed by dual exposure floor-to-ceiling windows to the North and West capturing Empire State Building views. The open chef's kitchen hosts the highest quality finishes, including seamlessly integrated appliances from Liebher and Bertazzoni, custom built Italian cabinetry with accenting brass hardware plus a beautiful vein-cut Danby marble slab countertop and backsplash plus a dual kitchen sink with garbage disposal. There are two supplementary pantries in the entry foyer offering additional kitchen storage. The expansive Living and Dining Room are over 22 feet in length (investors may consider making a 3rd bedroom in the Living Room) with views of the Williamsburg Bridge and the Empire State Building. Privately located at the opposite end of the apartment are two sun-blasted, south facing bedrooms with imported Italian built-in wardrobes and custom black out shades. The luxurious bathrooms feature Nero Marquina marble, Dolomite mosaic tiles and custom vanities with storage. Additional features in the apartment include high ceilings, a vented washer/dryer, Central Air, Alutec noise cancelling windows, and beautiful 7" white oak flooring throughout. With interiors designed by Paris Forino, every aspect of this contemporary home is considered and luxurious. 338 Berry is a mix of new development and loft conversion condos, offering discerning buyers a level of finish and quality unlike any other product in Williamsburg. This 60-unit full-service building offers amenities including a doorman, concierge, a private gym (including a Peloton Bike), courtyard garden with fire pit designed by award winning Steven Dubner (who designed the Highline) with an adjacent indoor lounge, pet spa, bicycle storage, cold storage, regular storage, an exquisite rooftop lounge and furnished roof deck. The building is ideally situated close to some of the best restaurants, bars, shopping, and fitness destinations in the city including: Diner, Barano, Marlow and Sons, Aska, Baby's All Right, Whole Foods, Equinox, Soul Cycle. The J, M subway line as well as the L train are both a short and convenient walk from the building. Additionally, the East River Ferry landing is a few short blocks away. The newly opened DOMINO PARK is three blocks away which hosts 6 acres of green space featuring a waterfront esplanade, dog run, playground, bocce court and a taqueria by Danny Meyer. Excellent Investment!

Features & Amenities

Unit Amenities

  • Fitness Center
  • Doorman
  • Laundry in Unit
  • Central Air Conditioning
  • Exposure: North South West

Building Amenities

  • New Construction
  • Bike Storage
  • Fitness Center
  • Roofdeck
  • Doorman
  • Laundry in Unit
  • Central Air Conditioning
  • Deck
  • Dryer
  • Garden
  • Laundry in Building
  • Dogs Allowed
  • Cats Allowed
  • Elevator
  • Sublets Allowed

Building Policies

  • Cats Allowed
  • Dogs Allowed
  • Sublets Allowed
Learn more about 338 Berry Street, Brooklyn, NY 11249

Listed By

History

Date Event Price
Sep 27, 2018 Sale Closed -
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Jul 8, 2018 Contract Pending -
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May 23, 2018 Price Drop $1,350,000
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Apr 19, 2018 Listed $1,395,000
ListingHistoryRow::__set_state(array( 'event_date' => '2018-04-19', 'event_type' => 'Listed', 'event_source' => 'Public Record', 'event_value' => '$1,395,000', 'orig_value' => NULL, 'listing_id' => '1285242', 'unit' => '401', 'building_id' => NULL, 'street_address' => '338 Berry St', 'citystate' => 'Brooklyn, NY', 'bedrooms' => '2', 'bathrooms' => '1.5', 'square_feet' => '951', 'pretty_url' => 'https://www.realtyhop.com/building/338-berry-st-brooklyn-ny/401/1285242', 'diff_amount' => NULL, 'diff_pct' => NULL, 'orig_diff_rows' => array ( ), 'orig_type' => 'listing_row', 'alt_data' => 'Compass', ))

Property Analysis

Price Estimate

$1,363,500

HopScore Market Price

$1,350,000

Current Asking Price

+$13,500

Difference from Asking

Cap Rate Analysis

Operating Profit

$54,300
/

Purchase Price

$1,350,000
=

Cap Rate

4.02%
**

* Actual income may vary between $4,400 and $6,600 depending on unit-specific characteristics.

** 100% occupancy is assumed. Leverage (mortgage) is not considered.

Comparables

Units for sale near 338 Berry St

Unit Br Ba ft² Closed Price
Common Charges

Units for rent near 338 Berry St

Unit Br Ba ft² Closed Price
Common Charges

Building Info

Want to find out who owns 338 Berry Street, Brooklyn, NY 11249? Get detailed property transactions here.

Neighborhood

Stats & Trends

$1,492,500

Median Asking

-

Above Asking

$1,271

Sale Price/ft²

240

Days on Market

Transportation

L

at Bedford Av 0.44 mi | 11 min walk

M

J

Z

at Marcy Av 0.50 mi | 12 min walk

G

L

at Metropolitan Av 0.66 mi | 16 min walk

M

J

at Hewes St 0.73 mi | 18 min walk

G

at Broadway 0.89 mi | 22 min walk

Schools

School Type Grades Distance
PS 84 JOSE DE DIEGO Elementary PK to 8 0.22 mi
JHS 50 JOHN D WELLS Middle School 6 to 8 0.26 mi
JUAN MOREL CAMPOS SECONDARY SCHOOL High School 6 to 12 0.84 mi
MARTA VALLE HIGH SCHOOL High School 9 to 12 1.24 mi
UNIVERSITY NEIGHBORHOOD HIGH SCHOOL High School 9 to 12 1 mi
BARD HIGH SCHOOL EARLY COLLEGE High School 9 to 12 0.73 mi
NEW EXPLORATIONS INTO SCIENCETECH AND MATH HIGH SCHOOL Other KG to 12 0.9 mi
PS/IS 137 RACHAEL JEAN MITCHELL Elementary PK to 8 3.25 mi
ANDERSON SCHOOL (THE) Elementary KG to 8 4.82 mi
PS 165 IDA POSNER Elementary PK to 5 4.72 mi
PS 41 FRANCIS WHITE Elementary KG to 8 4.68 mi
PS 150 CHRISTOPHER Elementary PK to 5 4.35 mi
PS 156 WAVERLY Elementary PK to 5 4.02 mi
PS/IS 155 NICHOLAS HERKIMER Elementary PK to 8 3.79 mi
BROOKLYN BROWNSTONE SCHOOL Elementary PK to 5 2.59 mi
NEW DESIGN HIGH SCHOOL High School 9 to 12 1.35 mi
ESSEX STREET ACADEMY High School 9 to 12 1.35 mi
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.

Mortgage Payment Calculator

$7,459

Per Month

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Recent Transactions at 338 Berry St

Transaction history for 338 Berry Street

Unit Br Ba ft² Listed Listing Agent Asking
HOA + Tax
Closed Closing Buyer(s)
Unit 2J 2 2.5 1,308 Jun 18, 2020 Todd Lewin
Compass
$1,695,000 Apr 26, 2021
311 Days
$1,565,000
-7.67%
Leslie B Blair Trustee
The Leslie B Blair Revocable Trust
Unit 5E 1 1 814 Jul 22, 2020 Susie Park
Compass
$970,000 Apr 12, 2021
263 Days
$990,000
+2.06%
Julia Daisy Dolan
Unit 4D - - - - - - Mar 19, 2021 $1,575,000 Elias Horne
Elizabeth Tan
Unit 6C 2 2 1,206 Sep 14, 2020 Bobby Larrea
Compass
$1,600,000 Dec 9, 2020
85 Days
$1,550,000
-3.13%
Keith Brazil
Young-gwang Jeong
Unit 3C - - - - - - Sep 18, 2020 - Christopher Brooks Jankowski-corrigan
Jeremy Willliam Jankowski-corrigan
Unit 601 - - - - - - Aug 11, 2020 $1,312,500 Carlos Arredondo
Unit 3B - - - - - - Feb 15, 2020 $10 Meghann Stephenson
Unit 6F 3 1 1,798 Apr 3, 2019 Lior Barak
Compass
$2,498,000 Sep 12, 2019
161 Days
$2,498,000 Daniel Wynn
Unit 7J 2 2.5 1,309 Sep 4, 2018 Lior Barak
Compass
$1,695,000 Sep 4, 2019
364 Days
$1,650,000
-2.65%
338 Berry 7j Llc
Unit SHS 3 3.5 2,135 Aug 31, 2018 Lior Barak
Compass
$3,995,000 May 13, 2019
254 Days
$3,790,390
-5.12%
Paul Dix
Rachel Nuwer
Unit 7F - - - - - - Apr 19, 2019 $2,475,000 Charles A Cheever And William A Lowell
John Gililand Kistler Trust Fbo Loren Zorrilla
Unit 5J 2 2.5 1,270 Jan 29, 2018 Lior Barak
Compass
$1,695,000 Oct 22, 2018
265 Days
$1,626,610
-4.03%
Lien-chu Yao
Shi Bing Yao
Unit 401 2 1.5 951 Apr 19, 2018 Suzanne Koxvold
Compass
$1,395,000 Sep 25, 2018
158 Days
$1,250,000
-10.39%
Craig Heywood
Unit 4J - - - - - - Sep 12, 2018 $1,529,880 Cynthia Lee Evans
Evans Family Trust
Thomas Edgar Evans Jr
Unit 7A 3 2.5 1,495 Oct 10, 2017 Lior Barak
Compass
$2,150,000 May 25, 2018
226 Days
$2,033,910
-5.40%
Jeffrey Miller
Michelle Miller
Unit 6C - - - - - - Apr 16, 2018 $1,585,000 Joseph P Jr Adams
Unit 7B - - - - - - Mar 7, 2018 $989,000 Point Berry Llc
Unit 1E - - - - - - Feb 9, 2018 $2,695,000 Britney Anderson
Lee Anderson
Unit 2G - - - - - - Jan 9, 2018 $538,795 Harbor Gateway Llc
Unit 6D - - - - - - Dec 20, 2017 $1,622,110 Berry Street Rentals Llc
Unit 4G - - - - - - Dec 20, 2017 $630,390 Bsr 4g Llc
Unit 201 - - - - - - Dec 20, 2017 $964,838 Bsr 201 Llc
Unit 4H - - - - - - Nov 30, 2017 $891,474 Williamsberry Pfa Llc
Unit 2F Stu 1 501 May 10, 2017 Lior Barak
Compass
$650,000 Nov 1, 2017
174 Days
$650,000 Elise Yusi Xiaoxiao Chen
Unit SHN - - - - - - Oct 3, 2017 $3,250,000 Habibat Tinubu
Unit 1D - - - - - - Sep 28, 2017 $714,002 The Board Of Managers Of The Williamsberry
Unit 5C 2 2 1,206 Feb 26, 2017 Lior Barak
Compass
$1,560,000 Sep 20, 2017
205 Days
$1,560,000 Daniel Engel-hall
Unit 3C - - - - - - Aug 15, 2017 $250,000 Jeremy Jankowski
Unit 3G - - - - - - Aug 1, 2017 $598,062 Mg 3g Llc
Unit 3E - - - - - - Aug 1, 2017 $904,650 Mg 3e Llc
Unit 6E - - - - - - Jul 27, 2017 $1,097,120 John Ng
Unit 6A 3 2.5 1,502 May 22, 2017 Lior Barak
Compass
$2,015,000 Jul 26, 2017
64 Days
$2,054,270
+1.95%
Craig Baldenhofer
Jessica Baldenhofer
Unit 1A 1 1.5 913 Mar 29, 2017 Lior Barak
Compass
$995,000 Jul 10, 2017
102 Days
$1,015,660
+2.08%
Stormcat Realty Llc
Unit 5D - - - - - - Jun 26, 2017 $1,613,260 Bgg 5d Llc
Unit 4C 2 2 1,206 Sep 19, 2016 Gregory Williamson
Elliman
$1,425,000 Jun 21, 2017
274 Days
$1,450,000
+1.75%
Cristina Gomes
Stephen Gomes
Unit 5A - - - - - - Jun 15, 2017 $1,995,000 Valerie Colloredo Mannsfeld
Unit 4F Stu 1 501 Sep 19, 2016 Gregory Williamson
Elliman
$625,000 Jun 9, 2017
262 Days
$653,386
+4.54%
Julie Marr
Unit 4B 2 2 1,088 Sep 19, 2016 Gregory Williamson
Elliman
$1,295,000 Jun 2, 2017
255 Days
$1,295,000 Darren Jeffries
Marina Mesion
Unit 3A 2 2.5 1,186 Mar 3, 2017 Lior Barak
Compass
$1,382,228 May 10, 2017
67 Days
$1,382,230
+0.00%
Vanesa Bijol
Unit 6B - - - - - - May 4, 2017 $968,760 Orla Clinton
Unit 2D 2 2.5 1,362 Apr 26, 2016 Gregory Williamson
Elliman
$1,750,000 Apr 26, 2017
364 Days
$1,682,610
-3.85%
Imaan Hammam
Unit 5E - - - - - - Apr 25, 2017 $990,202 Pdan Berry Llc
Unit 4A - - - - - - Apr 25, 2017 $1,385,000 Paola Ramos
Unit 2A 2 2.5 1,186 Sep 20, 2016 Lior Barak
Compass
$1,316,042 Apr 24, 2017
215 Days
$1,316,040
-0.00%
Steven Panariello
Unit 4D 2 2.5 1,362 Sep 19, 2016 Gregory Williamson
Elliman
$1,595,000 Apr 7, 2017
199 Days
$1,682,610
+5.49%
Michael Suppes
Unit 301 - - - - - - Feb 28, 2017 $1,032,640 Mg 301 Llc
Unit 101 - - - - - - Feb 28, 2017 $557,047 Bg 101 Llc
Unit 1B Stu 1 514 Mar 10, 2016 John Gomes
Elliman
$599,000 Jan 27, 2017
322 Days
$599,000 Paul Stenhouse
Unit 7E - - - - - - Jan 10, 2017 $1,377,140 Davianna Fiby Absera
Unit 1C 1 1 739 Mar 10, 2016 John Gomes
Elliman
$799,000 Nov 29, 2016
263 Days
$799,000 Jaymee Wise

Apartments for Sale at 338 Berry Street

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Apartments for Rent at 338 Berry Street

UnitBrBaft²ListedListing AgentAskingPrice/ft²Floorplans

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Learn more about 338 Berry St #401

Building at 338 Berry Street, Brooklyn, NY 11249

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