NOT LISTED FOR SALE

Estimated Value: $1,117,000 - $1,337,000

-- Bed
1 Bath
1,169 Sq Ft
$985/mo HOA Fee

Last Sold October 22, 2013

Last sale price $1,100,000 $941 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $9,405/month

124 Days on Market

Highlights

  • Full Time Lobby Attendant
  • 1-minute walk to Broad Street
  • Laundry Facilities
  • P.S. 343 The Peck Slip School Rated A
  • Pre War Building
  • 3-minute walk to Queen Elizabeth II Garden

About This Home

As of October 2013

A beautiful loft like 1 bed/ 1 bath (1169 sq. ft.) that features: high ceilings, northern exposure, good natural light, 4 large closets, a separate area that can be a 2nd lounge, office or sleep area and city views. Apartment is in excellent condition can be purchased as an investment with tenant in place till Jan. 31st/2014. Downtown by Starck offers 30,000-sf of amenity space: 5,000-sf fitness center, swimming pool, bowling alley, basketball court, squash court, children's playroom, 24-seat theatre, business center, sports lounge, yoga ballet studio, 4,000-sf roof lounge and terrace park with reflecting pool.

Last Agent to Sell the Property

Abe Botha

Douglas Elliman Real Estate License #30BO0880446 Listed on: 05/20/2013

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,008

Year Built

  • Built in 1914

HOA Fees

  • $985 Monthly HOA Fees

Home Design

  • 1,169 Sq Ft Home
  • Pre War Building
  • Entry on the 99th floor

Bedrooms and Bathrooms

  • 1 Bathroom

Listing and Financial Details

  • Tax Block 26

Community Details

Overview

  • Downtown By Starck Condos
  • Finldist Subdivision
  • Rental Restrictions

Amenities

  • Full Time Lobby Attendant
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,008

Year Built

Built in 1914

Lot Details

0

HOA Fees

$985 per month

Listing Details

  • Cross Street: Wall Street & Exchange Place
  • Delivered Vacant: Yes
  • SponsorUnitYN: No
  • BuildingRules: BuildingWasherDryerAllowed
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: FINLDIST
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Living Area: 1169.0
  • Living Area Units: Square Feet
  • Floor Number: 99

Beds/Baths

  • Bathrooms Total: 1

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 985.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • New Development: No
  • Building Name: DOWNTOWN BY STARCK
  • Year Built: 1914
  • Lobby Attendance Type: LobbyAttendantFullTime

Rental Info

  • Renting Allowed: No

Tax Info

  • Tax Block: 26
  • Building Tax Lot: 7501
  • Tax Annual: 7008.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2013
Closed on
Oct 22, 2013
Sold by
Rlad Llc % Rosabianca & Associates Pl
Bought by
Schraub Amy
Seller's Agent
Abe Botha
Douglas Elliman Real Estate
List Price
$1,150,000
Sold Price
$1,100,000
Premium/Discount to List
-$50,000
-4.35%
Current Estimated Value
$1,265,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,237
Avg. Annual Appreciation
1.18%
Original Mortgage
$480,000
Outstanding Balance
$357,009
Interest Rate
4.24%
Mortgage Type
New Conventional
Estimated Equity
$908,228

Purchase Details

Closed on
Nov 30, 2012
Sold by
Kabakibi Lama and Kabakibi Riad
Bought by
Secapt Llc

Purchase Details

Closed on
May 17, 2006
Sold by
15 Broad Street Llc
Bought by
Kabakibi Lama and Kabakibi Riad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$626,500
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Schraub Amy $1,100,000 --
Secapt Llc -- --
Kabakibi Lama $911,334 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schraub Amy $480,000
Previous Owner Kabakibi Lama $626,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2013 10/22/13 Sold $1,100,000 -4.3% $941 / Sq Ft
09/22/2013 09/22/13 Pending -- -- --
05/20/2013 05/20/13 For Sale $1,150,000 -- $984 / Sq Ft
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 $20,543 $166,762 $43,926 $122,836
2024 $20,543 $164,317 $43,927 $120,390
2023 $20,435 $163,456 $43,928 $119,528
2022 $19,768 $161,148 $43,928 $117,220
2021 $18,662 $152,128 $43,928 $108,200
2020 $8,820 $169,900 $43,928 $125,972
2019 $16,360 $172,997 $43,928 $129,069
2018 $17,661 $160,189 $43,928 $116,261
2017 $15,804 $156,523 $43,928 $112,595
2016 $13,983 $149,205 $43,928 $105,277
2015 $1,966 $154,821 $43,928 $110,893
2014 $1,966 $145,783 $43,928 $101,855
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10471579

Real Estate Board of New York (REBNY)

APN: 0026-1070