NOT LISTED FOR SALE

Estimated Value: $2,318,510 - $3,342,000

2 Beds
2 Baths
1,638 Sq Ft
1915 Built

Highlights

  • Newly Remodeled
  • 1-minute walk to Canal Street (J,M,Z Line)
  • 4-minute walk to Collect Pond Park
  • P.S. 130 - Hernando De Soto Rated A

About This Home

As of August 2014

Old world charm meets modern finish in this beautiful split bedroom corner loft at the Machinery Exchange. Timbered yellow pine beamed ceilings, cast-iron columns, exposed brick walls and solid oak hardwood floors are paired with a modernist brushed aluminum kitchen and contemporary limestone/glass bathrooms to create a charming and sophisticated home.

Everything you need is here in this low-key, high-end loft. 11 huge tilt-and-turn windows facing south and east allow for glorious sunlight throughout the entire day, and include custom built-in shades when it gets too bright. The Valcucine designed kitchen is super sleek with a hidden Subzero refrigerator, Miele oven & cooktop range (with exterior exhaust), Miele dishwasher, an extra deep sink with garbage disposal, ample prep space on the Bianco Luna countertops, and plenty of cabinet storage (including an appliance garage!). The king-sized master bedroom has three south-facing windows, custom walk-in California Closet and a tranquil en-suite spa bathroom finished in limestone and hand-cut glass tiles with a double vanity, soaking tub and separate glass shower. The second bedroom or home-office has its own closet and dedicated guest bathroom. Other features include central AC, an enormous laundry/storage room with washer & dryer, and video intercom.

The Machinery Exchange is a 14-unit boutique condo building with a resident manager (available M-F, 9-5PM). Built in 1915 and converted to condos in 2006, this building used to house the stables for the nearby Police Headquarters Building. Located at the crossroads of SoHo, Little Italy, TriBeCa & Chinatown with convenient access to the N,R,Q,6,J,Z,B,D subway lines all within a few blocks.

Available furnished for immediate occupancy (unfurnished option also considered).

Last Agent to Rent the Property

Siim Hanja

Brown Harris Stevens Residential Sales LLC License #30HA0955568 Listed on: 07/23/2014

Brown Harris Stevens Residential Sales LLC

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $26,612

Year Built

  • Built in 1915 | Newly Remodeled

Home Design

  • 1,638 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Community Details

  • 14 Units
  • Machinery Exc Condo
  • Windsor Terrace Subdivision

Listing and Financial Details

  • Property Available on 7/9/14

Condo Details

Home Type

Condominium

Est. Annual Taxes

$26,612

Year Built

Built in 1915 | Newly Remodeled

Lot Details

0

Rental Info

  • Available Date: 2014-07-09

Listing Details

  • Exposures: East,South
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Windsor Terrace
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Living Area: 1638.0
  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Integer: 2
  • Bedrooms: 2

Condo/Co-op/Association

  • Common Interest: Condominium

Building Info

  • New Construction: Yes
  • Building Name: MACHINERY EXC CONDO
  • Units: 14
  • Year Built: 1915

Tax Info

  • Tax Block: NA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2008
Sold by
209-211 Hester Street Llc
Bought by
Samuel H Gustin 2007 Trust
Current Estimated Value
$2,750,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$996,018
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,754,110
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
Samuel H Gustin 2007 Trust $2,450,000 --
Samuel H Gustin 2007 Trust $2,450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Samuel H Gustin 2007 Trust $1,500,000
Closed Samuel H Gustin 2007 Trust $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2014 07/23/14 Rented -- -- --
07/23/2014 07/23/14 For Rent $8,500 -- --
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 $26,612 $214,756 $23,904 $190,852
2024 $26,612 $212,859 $23,904 $188,955
2023 $25,916 $211,263 $23,904 $187,359
2022 $25,086 $205,034 $23,904 $181,130
2021 $25,150 $205,020 $23,904 $181,116
2020 $26,743 $229,703 $23,904 $205,799
2019 $26,800 $227,205 $23,904 $203,301
2018 $26,132 $206,989 $23,905 $183,084
2017 $25,738 $210,603 $23,904 $186,699
2016 $25,426 $211,161 $23,904 $187,257
2015 $14,337 $206,543 $23,904 $182,639
2014 $14,337 $207,772 $23,904 $183,868
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10110372

Real Estate Board of New York (REBNY)

APN: 0235-1010