NOT LISTED FOR SALE

1 Sheridan Square Unit PHN New York, NY 10014

West Village Neighborhood

Estimated Value: $795,000 - $2,073,000

2 Beds
1 Bath
-- Sq Ft
$961/mo HOA Fee

Last Sold August 26, 2019

Last sale price $2,569,000

Est. 40% decrease in value since last sale

Current estimated payment $10,690/month

30 Days on Market

Highlights

  • City View
  • 1-minute walk to West 4 Street-Washington Square
  • Terrace
  • P.S. 3 Charrette School Rated A
  • Pre War Building
  • 2-minute walk to Christopher Park

About This Home

As of August 2019

Storybook Penthouse at One Sheridan Square

Escape to this romantic and secluded penthouse perched atop a renowned West Village condominium; rich with history. Soaring ceilings, oak flooring, large profile moldings and a working fireplace are some of the charming characteristics that accent this NYC treasure. With gracious french doors opening from every room there is no shortage of natural light. The highlight of the home is an intimate and expansive private roof terrace that traces along every room, offering sweeping views over Manhattan.

Built in 1920, One Sheridan Square is a registered landmark located in the Greenwich Village Historic District. A beacon, overlooking the West Village, the building has housed numerous notable celebrities and artists over the years. It was also the home of Cafe Society from 1938-1948, the first racially integrated nightclub in the US and where Billie Holiday first performed ?Strange Fruit". Today the building remains an exceptionally well-maintained boutique condominium, featuring a live-in resident manager, video/voice intercom system and a laundry room. With close proximity to public transportation, Christopher Park, Washington Square Park, and top-rated restaurants this highly coveted location provides the quintessential backdrop for those seeking picturesque New York City architecture and history.



Low carrying costs and condominium ownership provide an attractive investment opportunity with upside.



There is currently an assessment of $325.77 per month.

Last Agent to Sell the Property

John Carapella

Compass License #30CA1002029 Listed on: 06/10/2019

Compass

Co-Listed By

Richard Herschenfeld

Compass License #10301219875

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,340

Year Built

  • Built in 1920

HOA Fees

  • $961 Monthly HOA Fees

Home Design

  • Pre War Building

Interior Spaces

  • Entrance Foyer
  • City Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Terrace
  • North Facing Home

Listing and Financial Details

  • Legal Lot and Block 7501 / 592

Community Details

Overview

  • Greenwich Village Subdivision
  • 9-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,340

Year Built

Built in 1920

Lot Details

0

HOA Fees

$961 per month

Listing Details

  • Cross Street: West 4th Street/Washington Place
  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Greenwich Village
  • Architectural Style: Prewar
  • Entry Level: 9
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 9

Interior Features

  • Interior Features: Entrance Foyer
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 2

Exterior Features

  • View: City
  • View: Yes
  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 961.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 9
  • Year Built: 1920

Tax Info

  • Tax Block: 592
  • Tax Lot: 7501
  • Tax Annual: 11340.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2022
Sold by
Helicopter Sprockets Llc
Bought by
Ayers John Lyon
Total Days on Market
30
Current Estimated Value
$1,529,485

Purchase Details

Listed on
Jun 10, 2019
Closed on
Aug 26, 2019
Sold by
Estate Of Philip Seymour Hoffman and Marianne O'Donnell Executor
Bought by
Helicopter Sprockets Llc
Seller's Agent
John Carapella
Compass
List Price
$2,569,000
Sold Price
$2,569,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.47%

Purchase Details

Closed on
Aug 1, 2002
Sold by
Madero Alejandro
Bought by
Hoffman Phillip Seymour

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
6.55%

Purchase Details

Closed on
Feb 25, 1997
Sold by
Vonlowenadler Jan Eric
Bought by
Madero Alejandro
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ayers John Lyon $2,575,000 --
Helicopter Sprockets Llc $2,569,000 --
Hoffman Phillip Seymour -- --
Madero Alejandro -- Title Associates Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoffman Philip Seymour $1,120,000
Previous Owner Hoffman Phillip Seymour $1,120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2019 08/26/19 Sold $2,569,000 0.0% --
07/11/2019 07/11/19 Pending -- -- --
06/10/2019 06/10/19 For Sale $2,569,000 -- --
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

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
2025 $15,871 $130,111 $17,024 $113,087
2024 $15,871 $126,947 $17,039 $109,930
2023 $15,593 $127,111 $17,010 $110,101
2022 $10,695 $116,865 $17,003 $99,862
2021 $14,336 $116,864 $17,003 $99,861
2020 $11,346 $128,692 $17,003 $111,689
2019 $11,349 $131,895 $17,003 $114,892
2018 $12,539 $127,287 $17,003 $110,284
2017 $11,155 $99,266 $17,003 $82,263
2016 $10,411 $99,749 $17,003 $82,746
2015 $4,829 $87,197 $17,002 $70,195
2014 $4,829 $79,433 $17,003 $62,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10558829

Real Estate Board of New York (REBNY)

APN: 0592-1043