NOT LISTED FOR SALE

Estimated Value: $1,090,000 - $1,389,000

2 Beds
1 Bath
1,367 Sq Ft
$1,322/mo HOA Fee

Last Sold December 01, 2021

Last sale price $1,050,000 $768 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $9,819/month

103 Days on Market

Highlights

  • Rooftop Deck
  • 1-minute walk to Broad Street
  • Balcony
  • 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 December 2021

Short Sale

Welcome home to your own sprawling FiDi condo designed by world renowned starchitect, Philippe Starck. This southwest facing home has an 11ft beamed ceiling and is sundrenched all day. The loft-like space lends itself to a grand living/dining/great room with 2 bedrooms (home offices), 1 bathroom and abundant closet space throughout. Each bedroom is sized to fit a king size bed and additional furnishings. The kitchen has stainless steel appliances including a dishwasher. The bathroomis finished with white marble throughout. The home has a wash/dryer in the unit. Downtown by Philippe Starck is a luxury condo building offering lifestyle conveniences at your fingertips. The unparalleled amenities include a rooftop park named Starck Park with reflecting pool/fireplace, state of the art health club, indoor lap pool and hot tub, yoga/dance studio in what used to be JP Morgan's headquarter underground safe vault, basketball court, squash courts, 24 seat theater/screening room, play room, billiard lounge, bowling alley and conference room. Nearby attractions include the NY Stock Exchange,South Street Seaport, Battery Park, Hudson River Park and luxury retail shopping to name a few. Plenty of transportation options from ferries to various subway lines (3 block radius): 2,3,4,5,N,R,W,J.

This home is a short sale property and is sold as is. All offers need to be approved by the current mortgagee. Minimum 20% down payment required for primary or secondary residence buyers. Investors are welcome with only cash offers and proof of funds considered. In addition to standard contract andclosing procedures, all purchasers will be required to hire and pay $7500 flat fee for a third party debt solutions consultant/short sale processor to close on the home. Open houses are conducted by appointment only.

Last Agent to Sell the Property

Lucy Wu

Corcoran Group License #10401337416 Listed on: 03/18/2021

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,176

Year Built

  • Built in 1914

HOA Fees

  • $1,322 Monthly HOA Fees

Home Design

  • 1,367 Sq Ft Home
  • Pre War Building
  • Entry on the 23rd floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Balcony
  • Central Air

Listing and Financial Details

  • Tax Block 26

Community Details

Overview

  • Financial District Subdivision

Amenities

  • Rooftop Deck
  • Building Patio
  • Building Terrace
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,176

Year Built

Built in 1914

Lot Details

0

HOA Fees

$1,322 per month

Listing Details

  • Cross Street: Wall Street and Exchange Place
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Financial District
  • Architectural Style: Prewar
  • Entry Level: 23
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 1367.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony, Building Roof Deck
  • Patio/Porch Features: Building Patio, Building Terrace, Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1322.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Year Built: 1914

Tax Info

  • Tax Block: 26
  • Tax Annual: 19176.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2021
Closed on
Dec 1, 2021
Sold by
Chang Heon
Bought by
Shalaby Samer and Sidahmed Rana
Seller's Agent
Lucy Wu
Corcoran Group
List Price
$1,050,000
Sold Price
$1,050,000
Current Estimated Value
$1,225,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,010
Avg. Annual Appreciation
4.10%
Original Mortgage
$840,000
Outstanding Balance
$772,580
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$452,430

Purchase Details

Closed on
Jun 4, 2007
Sold by
Maidan Michael
Bought by
Chang Heon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,900
Interest Rate
6.19%

Purchase Details

Closed on
Dec 27, 2006
Sold by
15 Broad Street Llc
Bought by
Maidan Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,000
Interest Rate
6.18%
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
Shalaby Samer $1,050,000 --
Chang Heon $1,350,000 --
Chang Heon $1,350,000 --
Maidan Michael $730,000 --
Maidan Michael $730,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shalaby Samer $840,000
Previous Owner Chang Heon $269,900
Previous Owner Chang Heon $945,000
Previous Owner Maidan Michael $584,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2021 12/01/21 Sold $1,050,000 0.0% $768 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $1,050,000 0.0% $768 / Sq Ft
09/27/2013 09/27/13 Rented -- -- --
08/28/2013 08/28/13 Under Contract -- -- --
08/15/2013 08/15/13 For Rent $4,700 -- --
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 $24,028 $195,051 $51,377 $143,674
2024 $24,028 $192,191 $51,378 $140,813
2023 $19,348 $191,184 $51,379 $139,805
2022 $23,061 $188,485 $51,380 $137,105
2021 $21,827 $177,935 $51,380 $126,555
2020 $19,944 $198,721 $51,380 $147,341
2019 $16,680 $202,344 $51,380 $150,964
2018 $19,038 $187,363 $51,380 $135,983
2017 $16,866 $183,075 $51,380 $131,695
2016 $14,713 $174,516 $51,380 $123,136
2015 $2,987 $181,085 $51,380 $129,705
2014 $2,987 $170,514 $51,381 $119,133
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10705042

Real Estate Board of New York (REBNY)

APN: 0026-1206