NOT LISTED FOR SALE

173 E Broadway Unit 2 B New York, NY 10002

Two Bridges Neighborhood

Estimated Value: $2,018,000 - $2,540,887

2 Beds
3 Baths
1,815 Sq Ft
1912 Built

Sale Details

Date Sold: September 26, 2022

Last sale price $1,900,000 $1,047 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $17,869 / mo

49 Days on Market

Highlights

  • Built in 1912 | Newly Remodeled
  • 1-minute walk to East Broadway
  • 1-minute walk to Captain Jacob Joseph Playground
  • P.S. 2 Meyer London Rated A
  • Pre War Building

About This Home

As of September 2022

The Forward Building, aka 173-175 East Broadway, is a Beaux Arts Architectural Masterpiece. This property is located in one of the most beautiful landmark buildings in NYC, built in 1912, and converted in 2006 by the Lower East Side architect Ron Castellano in a contemporary design that pays homage to the historical landmark. Situated directly across from Seward Park, the converted luxury condominium 'skyscraper' remains a defining presence in this vibrant neighborhood.

This double height, light-filled duplex offers an ideal setting for both relaxed living and entertaining. An open great room, 2 bedroom, and 3 full bathroom layout is complemented by soaring, 20-foot ceilings, creating a dramatic living experience that feels like a townhouse within a full-service condominium. Both floors provide sizable bedrooms, smart design and access to the great room. An adjoining, open-concept kitchen is well-equipped for any chef and host looking to prepare for casual entertaining with a relaxed and easy eat-in banquette extending right off the kitchen. From the moment you arrive, the effortless flow of space is immediately apparent, achieving an exceptional level of versatility throughout the home. A bathroom is located on each level, making the floor plan very conducive for day-to-day living.

Situated in one of the most sought-after neighborhoods in the downtown area, the 29 unit, pre-war conversion offers residents amenities that include a 24-hour doorman, refrigerator storage in lobby for perishable deliveries, a video-intercom system, central laundry, basement storage cages and wine refrigerator, and bike racks. A rooftop deck showcases spectacular views of Seward Park, the Brooklyn Bridge, Lower East Side, The Empire State Building, midtown and all of downtown Manhattan. This dramatic duplex is a rare offering of pre-war pedigree and a flexible modern lifestyle.

Last Agent to Sell the Property

Frances Katzen

Douglas Elliman Real Estate License #30KA1018951 Listed on: 06/14/2022

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $32,100

Year Built

  • Built in 1912 | Newly Remodeled

HOA Fees

  • $2,249 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 2nd floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Community Details

  • 29 Units
  • Forward Building Condos
  • Lower East Side Subdivision
  • 10-Story Property

Property Details

Home Type

Condominium

Est. Annual Taxes

$32,100

Year Built

Built in 1912 | Newly Remodeled

Lot Details

0 Sq Ft Lot

HOA Fees

$2,249 per month

Listing Details

  • Cross Street: RUTGERS STREET and CANAL STREET
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Lower East Side
  • Architectural Style: Prewar
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 10

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 2

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2249.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Building Name: FORWARD BUILDING
  • Units: 29
  • Total Stories: 10
  • Year Built: 1912

Tax Info

  • Tax Block: NA
  • Tax Annual: 32100.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2022
Closed on
Sep 23, 2022
Sold by
Fashion Square Llc
Bought by
Thsc Forward Llc
Seller's Agent
Frances Katzen
Douglas Elliman Real Estate
List Price
$1,995,000
Sold Price
$1,900,000
Premium/Discount to List
-$95,000
-4.76%
Views
2
Current Estimated Value
$2,352,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$452,222
Avg. Annual Appreciation
6.18%

Purchase Details

Closed on
Mar 9, 2022
Sold by
Spiegel L. Pollock
Bought by
Lunn Julia Margaret S and Spiegel Adam Henry

Purchase Details

Closed on
Aug 15, 2018
Sold by
Dooney Phyllis
Bought by
Fashion Square Llc

Purchase Details

Closed on
Sep 19, 2006
Sold by
173 Associates Llc
Bought by
Dooney Phyllis
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Thsc Forward Llc $1,900,000 --
Lunn Julia Margaret S $1,527,375 --
Fashion Square Llc $2,500,000 --
Dooney Phyllis $1,298,269 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2022 09/26/22 Sold $1,900,000 -4.8% $1,047 / Sq Ft
08/03/2022 08/03/22 Pending -- -- --
06/14/2022 06/14/22 For Sale $1,995,000 -- $1,099 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $36,760 $296,025 $11,605 $284,420
2024 $36,760 $294,030 $11,605 $282,425
2023 $35,696 $296,493 $11,605 $284,888
2022 $35,588 $318,164 $11,605 $306,559
2021 $32,190 $300,642 $11,605 $289,037
2020 $29,666 $335,603 $11,605 $323,998
2019 $26,973 $319,595 $11,605 $307,990
2018 $23,952 $294,373 $11,605 $282,768
2017 $20,016 $175,838 $11,606 $164,232
2016 $18,924 $177,815 $11,605 $166,210
2015 $11,819 $153,245 $11,605 $141,640
2014 $11,819 $140,329 $11,605 $128,724
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10825428

Real Estate Board of New York (REBNY)

APN: 0284-1207

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