New York  »  Brooklyn  »  11211  »  Williamsburg

123 Hope Street, Brooklyn, NY 11211

East Williamsburg, Williamsburg, Northern Brooklyn, Brooklyn
Building in Williamsburg
700 Stories
Built in 2017
123 Hope Street - Photo 1
123 Hope Street, Apt 6G
East Williamsburg, Williamsburg, Northern Brooklyn, Brooklyn
$4,450
|
1 Bed
|
1 Bath
By Rocco Hart
Welcome to 123 Hope Street, a building located in East Williamsburg, Williamsburg, Northern Brooklyn, Brooklyn in Brooklyn, NY. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 2017. This is a relatively tall building with a total of 700 floors. Finally, 123 Hope Street was most recently sold on Mar 26, 2020 for $83,764,000. The market value for the land that the building sits on has been listed at $1,740,000. In addition, improvements upon the building have an added value of $24,042,000. In total, the total market value of the property as a whole is $25,782,000. According to local assessors, the total value of the building is currently valued at $11,601,900. Specifically, the value of the land that the property sits on has been assessed at $783,000. The building was last assessed in 2023.

Here's what we know about the features and amenities in this building. Thankfully, there is a . We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Amenities
Doorman
Fitness Center
Policies
Cats Allowed
Dogs Allowed
Facts
General
Year Built
2017
Effective Year Built
2017
Building Count
1
Bedroom Count
0
Building Condition
0
Building Quality
0
Construction Type
0
Building Style
0
Exterior Walls Type
0
Interior Walls Type
0
Roof Shape Type
0
Roof Cover Type
0
Floor Count
700
Living Units
138
Business/Commerical Units Count
136
Floor Cover
0
Basement Type
0
Basement Area
0
Garage Type
7
Garage Square Area
5,000
Parking Space Count
16
Patio Type
0
Porch Type
0
Pool Type
0
Location Influence Type
5
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
0
Property Class
C
Land Acres
0000000533
Standard Land Use Code
2042
County Land Use Code
D7
Neighborhood
School Tax School District
BROOKLYN
Census Tract
051300
Census Block Code
3001
Census Group
3
Census Year
2018
Census - Combined Statistical Area - Area Code
408
Census - Combined Statistical Area - Area Name
New York-Newark, NY-NJ-CT-PA
Census - County FIPS
36047
Census - Full FIPS
360470513003001
Census - Metropolitan Division - Area Code
35614
Census - Metropolitan Division - Area Name
New York-Jersey City-White Plains, NY-NJ
Census - Metro Micro Statistical Area - Area Code
35620
Census - Metro Micro Statistical Area - Area Name
New York-Newark-Jersey City, NY-NJ-PA
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
3610022
Census Source
US Census Bureau
Census State FIPS
36
Census Tract Code
051300
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
3620580
School District - Unified - Name
New York City Department Of Education
Zoning
Zoning
M12R6A
Geography
Account Number
3-02374-0001
District
01
Section
805
Parcel
02374-0001
Block
2374
Lot
1
Municipality
WILLIAMSBURG
Latitude
40.7124
Longitude
-73.9531
FIPS
36047
Geo Status Code
P
Valuation
Timestamp
2024-01-25 22:57:15
UCID Flag
C
More About The Building
In total, the building area is listed as 101,716 square feet. The depth of the property lot was measured at 2,000 square feet and the front at 1,200 square feet. The building itself has 101,716 square footage of total floor area. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 123 Hope Street is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Williamsburg area have a median price of $5,150. Those in the 25th percentile, have a price around $4,250. While those in the 75th percentile, have a price around $6,495. Typically, the buildings in this area have a median sqft of 813. That means that the median price per sqft is around $89. In other words, the price per sqft for buildings in the 25th percentile is $73. While the price per sqft for buildings in the 75th percentile is $97. As a breakdown, we've included the following stats:

  • There are currently a total of 126 studio listings. The median price for these types of listings is $4,055. That's $67.27 price per sqft.

  • There are currently a total of 277 one bedroom listings. The median price for these types of listings is $5,000. That's $92.19 price per sqft.

  • There are currently a total of 257 two bedroom listings. The median price for these types of listings is $5,800. That's $95.16 price per sqft.

  • There are currently a total of 91 three bedroom listings. The median price for these types of listings is $6,233. That's $76.19 price per sqft.

  • There are currently a total of 18 four bedroom listings. The median price for these types of listings is $9,625. That's $82.76 price per sqft.
About The Area
123 Hope Street is located in Kings County, New York. There are 2,606,852 people living here. There are 938,803 households. Most of these households have an average family size of 3.46 people. According to the census, 71% are currently renting while 29% own their homes. The median age of this population is around 34.5 years old. On average, most folks in the county are unmarried. About 46% of folks speak a language other than English in this area. The area's employment rate is currently around 57.8%. Speaking of employment, the median income is $50,640. Most folks will commute by public transportation for around 42.0 minutes. Finally, we know that 26% of residents in the area have graduated with their high school degree. Additionally, 21% and 13% have their Bachelor's and Master's degree, respectfully.

Moving on to the urban area level. New York - Newark, NY - NJ - CT Urban Area has a population of 18,812,161 people. Based on census records, there are 6,707,347 registered households. Families in this area are on average made up of 3.42 people per household. Most folks are unmarried. They are also typically around 37.8 years old. Does diversity matter to you? Right now, 40% of folks speak a language other than English here. About 50% rent while 50% purchased their homes. Right now, the community is made up of 25% of residents who have graduated with at least a high school degree. On top of that, 22% have a Bachelor's degree and 16% have a Master's degree. The employment rate is currently around 59.7%. Those employed, have a median income of $68,319.

$4,055
Studio Median Rent
$5,000
1BR Median Rent
$5,800
2BR Median Rent
$6,233
3BR Median Rent