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Belltel Lofts, 365 Bridge Street, #7E

$1,045,000 ($812 per ft2) -7.1% | Studio, 2 baths | Approx. 1,287 ft2
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117 days on Market

Key Details

  • Listed: Jan 2, 2024
    Last Price Change: -4.6% ($50,000) on Apr 1
    Days on Market: 117
    Building Type: Condominium
    Neighborhood: Downtown Brooklyn (Brooklyn)
    Doorman: FT Doorman
Monthly Common Charges: $995
Monthly Real Estate Taxes: $1,005
Total Taxes & Fees: $2,000 ($1.55/ft2)
Est. Monthly Mortgage: $5,771
Total Est. Monthly Carrying Cost: $7,771 ($6.04/ft2)
Note: the above is based on a down payment of 20% ($209,000), which is the minimum amount permitted by the building.

Description

MASSIVE PRICE REDUCTION!
LARGE LOFT APARTMENT WITH 3 DEDICATED SLEEPING ROOMS!
INVESTMENT OPPORTUNITY POSSIBLE AS THIS CAN BE DELIVERED WITH TENANTS IN PLACE PAYING NEARLY $5800 A MONTH!

This is probably one of the most unique apartments you’ll encounter! Keep reading to find out why!

Welcome to the epitome of versatile urban living with this meticulously designed, approximately 1300 square foot loft apartment where innovation meets comfort. Located in the heart of downtown Brooklyn, this incredibly unique apartment redefines the concept of city habitation by seamlessly integrating three sectioned-off sleeping quarters within the generously sized home.

Upon entering apartment 7E, you’re greeted by a 42 foot long gallery.

The hallway discretely allows individual access to each of the three home occupancy dens while maintaining the clean lines of the industrial loft vibe. At the end of the hallway you are greeted by an open concept kitchen, living and dining room with West facing windows overlooking Willoughby Street.

What sets this loft apart is its unique layout that optimizes space with three distinct sleeping quarters, each cleverly partitioned for privacy. These sections are not only cozy retreats for rest but can also serve as dedicated home offices, a baby nursery, media room or den.

The possibilities are tremendous. Each compartment is strategically designed to provide an intimate and cozy dedicated space, complete with central HVAC, closet space and two full bathrooms The largest of the three sleeping quarters boasts a spacious design that can easily fit a king-sized bed, desk and dresser. There is a wall of closets and it even has its own en-suite bathroom. The second and third sleeping quarters are equally inviting, featuring ample space for queen-sized beds and creative workspace solutions.

These areas cater to both relaxation and productivity, making them ideal for guests or remote work.

The loft’s layout incorporates West facing windows that bathe the living and dining area in natural light. The high ceilings and clean lines add a touch of urban sophistication, enhancing the loft’s overall aesthetic. Both the bathrooms are efficient and modern retreats, featuring contemporary fixtures and ample space for additional storage.

A convenient in-unit washer and dryer contribute to the loft’s practicality.

This apartment currently has tenants in place paying approximately $6000 a month. It can be delivered vacant or with the tenants extending their lease. This scenario would be ideal for a 1031 Exchange or investment buyer.

For those buyers looking for an investment property, the proximity of this building to major universities and law schools provide a continuous and competitive demand for rental opportunities. The unique floorplan of 7E, is a high demand feature.

Residents of this loft enjoy access to a range of amenities within the building, such as a fitness center, yoga room, communal spaces, game room, and a rooftop terrace with panoramic views of the city skyline.

365 Bridge Street represents the epitome of Brooklyn’s contemporary living experience, offering a perfect blend of style, functionality, and urban convenience. The location could not be more prime. Just a few feet from Jay Street Metrotech Subway station, the train lines included 11 subway lines (R, 2, 3, Q, B, A, C, F, G, 4, 5).

The dining and shopping options are endless.

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Apartment Amenities

  • Western Exposures

Listing Agent (Seller's Representative)

Listing courtesy of Corcoran Group

Pricing History

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About Belltel Lofts, 365 Bridge Street

87

Belltel Lofts, 365 Bridge Street has received a CityRealty Rating of 87, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

30
Out of 44
+
25
Out of 36
+
23
Out of 39
+
9
=
87
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Distinguished 7 out of 8 points
Retail Quality:
Attractive 4 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
Free Standing 2 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
Individual Designation 2 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Attractive / Pleasant 3 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Impressive 3 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Considerable 1 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
3-6 Short Blocks 1 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Spacious 4 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
11-14 Feet 3 out of 4 points
Balconies:
Many 2 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
Some 1 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
None 0 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
Yes 1 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
Yes 1 out of 1 points
Mixed Use:
Yes 1 out of 1 points
Non Rectilinear Form:
Yes 1 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Conversion Year: 2008
  • Attended Lobby
  • Concierge
  • FT Doorman
  • High-Rise
  • Pre War
  • Central AC
  • Full Service Garage
  • Garden
  • Elevator
  • Mail Room
  • Business Center
  • Children's Playroom
  • Valet Parking
  • Lounge
  • Fitness Center
  • Rooftop Terrace

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Pros
  • Art Deco landmark
  • Convenient to numerous subway lines
  • Many different floor plans
  • Some terraces
  • Fitness center
  • Garage
  • Concierge
Cons
  • Many apartments
  • No sidewalk landscaping
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Subways

  1. F
  2. R
  3. A
  4. C
at Willoughby 0.06 miles
  1. 2
  2. 3
at Bridge and Fulton 0.14 miles
  1. B
  2. Q
at Flatbush Ave and Fleet 0.21 miles
  1. 4
  2. 5
at Cadman Plaza West and Montague 0.27 miles
  1. G
at Schermerhorn 0.28 miles

Aerial Imagery

 

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