NOT LISTED FOR SALE

Estimated Value: $1,329,000 - $1,446,000

2 Beds
2 Baths
1,430 Sq Ft
$1,302/mo HOA Fee

Last Sold March 18, 2022

Last sale price $1,295,000 $906 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $10,653/month

69 Days on Market

Highlights

  • Pre War Building
  • 1-minute walk to Broad Street
  • 3-minute walk to Queen Elizabeth II Garden
  • P.S. 343 The Peck Slip School Rated A
  • South Facing Home

About This Home

As of March 2022

ONE OF A KIND! Exquisitely renovated 1,430-square-foot prewar condo loft! Soaring 11-foot ceilings, sunny southern exposures, in-unit washer/dryer, and endless flexibility! This special residence flaunts gleaming new strip hardwood floors, central heat and A/C, low monthlies, a massive 28' x 16' living room marvelous for entertaining, two large bedrooms, and two full bathrooms. The luxurious master bath boasts dual sinks, a glass stall shower, and a deep soaking tub. The sleek kitchen is both a chef's and aesthete's dream with seamless hardware-free custom cabinetry, beautiful backsplash, and all stainless steel appliances including a Sub-Zero fridge, range, range hood, undercounter microwave, and garbage disposal.

Formerly the JP Morgan headquarters, 15 Broad Street was conceived by internationally-acclaimed designer Philippe Starck and has set the standard for luxury condominiums in the Financial District. Beyond a full-time doorman and concierge, residents enjoy an indoor heated swimming pool, hot tub, state-of-the-art fitness center, basketball court, squash court, yoga/ballet studio, bowling alley, movie theater/screening room, residents' lounge with billiards and catering kitchen, business center, children's playroom, on-site dry cleaning and maid service, on-site management, spectacular lobby, and a 5,000-square-foot landscaped roof deck complete with reflecting pool, multiple seating areas, and direct views of the New York Stock Exchange! Within one block you have access to the 4, 5, 2, 3, J, & Z trains, and within three you have access to the 1, N, & R. Advertised taxes are reflective of the primary residence tax abatement.

Last Agent to Sell the Property

Sandra Balan

Brown Harris Stevens Residential Sales LLC License #30BA0910087 Listed on: 05/03/2021

Brown Harris Stevens Residential Sales LLC

Co-Listed By

Samantha Pinkowitz

Brown Harris Stevens Residential Sales LLC License #10301201716

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,860

Year Built

  • Built in 1914

Lot Details

  • South Facing Home

HOA Fees

  • $1,302 Monthly HOA Fees

Home Design

  • 1,430 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Community Details

  • 381 Units
  • Downtown By Philipp Condos
  • Financial District Subdivision
  • 42-Story Property

Listing and Financial Details

  • Tax Block 00026

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,860

Year Built

Built in 1914

Lot Details

0

HOA Fees

$1,302 per month

Listing Details

  • Cross Street: NASSAU STREET and EXCHANGE PLACE
  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Financial District
  • Architectural Style: Prewar
  • Entry Level: 19
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 42

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 1430.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1302.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: Downtown By Philipp
  • Units: 381
  • Total Stories: 42
  • Year Built: 1914

Tax Info

  • Tax Block: 00026
  • Tax Annual: 16860.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2021
Sold by
Vaughn Hanne and Vaughn Jack
Bought by
Flanagan Cathal
Current Estimated Value
$1,332,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$925,000
Outstanding Balance
$847,166
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$499,890

Purchase Details

Closed on
Mar 29, 2019
Sold by
Steele Patricia
Bought by
Vaughn Hanne and Vaughn Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,016,000
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 29, 2012
Closed on
Feb 21, 2013
Sold by
Rapoport Melissa
Bought by
Steele Patricia
Seller's Agent
Frances Langbecker
Compass
List Price
$1,400,000
Sold Price
$1,225,000
Premium/Discount to List
-$175,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.76%
Original Mortgage
$948,000
Interest Rate
3.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2010
Sold by
Baudo Alberto
Bought by
Rapoport Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 29, 2009
Sold by
Barcroft Kathryn and Barcroft Peter
Bought by
Baudo Alberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
4.82%

Purchase Details

Closed on
Oct 6, 2006
Sold by
15 Broad Street Llc
Bought by
Barcroft Kathryn and Barcroft Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
6.49%
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
Flanagan Cathal $1,325,000 --
Vaughn Hanne $1,270,000 --
Steele Patricia $1,225,000 --
Rapoport Melissa $1,150,000 --
Baudo Alberto $935,500 --
Barcroft Kathryn $590,585 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flanagan Cathal $925,000
Previous Owner Vaughn Hanne $1,016,000
Previous Owner Steele Patricia $948,000
Previous Owner Rapoport Melissa $125,000
Previous Owner Baudo Alberto $625,000
Previous Owner Barcroft Kathryn $50,000
Previous Owner Barcroft Kathryn $58,000
Previous Owner Barcroft Kathryn $464,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Sold $1,295,000 0.0% $906 / Sq Ft
05/03/2021 05/03/21 For Sale $1,295,000 +5.7% $906 / Sq Ft
02/22/2013 02/22/13 Sold $1,225,000 -12.5% $857 / Sq Ft
01/23/2013 01/23/13 Pending -- -- --
09/26/2012 09/26/12 For Sale $1,400,000 -- $979 / 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 $25,114 $203,866 $53,699 $150,167
2024 $25,114 $200,876 $53,700 $147,176
2023 $20,223 $199,823 $53,701 $146,122
2022 $24,103 $197,003 $53,702 $143,301
2021 $22,814 $185,976 $53,702 $132,274
2020 $20,846 $207,701 $53,702 $153,999
2019 $17,445 $211,488 $53,702 $157,786
2018 $19,899 $195,830 $53,702 $142,128
2017 $17,629 $191,349 $53,703 $137,646
2016 $15,380 $182,403 $53,703 $128,700
2015 $3,125 $189,269 $53,702 $135,567
2014 $3,125 $178,219 $53,702 $124,517
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10761127

Real Estate Board of New York (REBNY)

APN: 0026-1143