NOT LISTED FOR SALE

Estimated Value: $2,097,000 - $3,250,000

2 Beds
1 Bath
2,062 Sq Ft
$775/mo HOA Fee

Last Sold January 20, 2021

Last sale price $1,826,550 $886 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $15,654/month

127 Days on Market

Highlights

  • Pre War Building
  • 1-minute walk to Chambers Street (A,C Line)
  • Eat-In Kitchen
  • P.S. 397 Spruce Street School Rated A
  • Den
  • 4-minute walk to City Hall Park

About This Home

As of January 2021

Open, bright, condominium loft waiting for your inspiration to reach its greatest potential. Bring your architect, your contractor and your dreams for a future home to this 2,100 square foot, full floor, Condominium loft apartment. Perched high off the street despite only being second floor, step into your future home and feel all the history TriBeCa's cast iron buildings and loft homes have to offer. White exposed brick, 13 foot ceilings and original hard wood floors all welcome you as you enter the living/entertaining/gallery space with sunlight pouring through 9 foot windows into the 25 foot wide room. The hand operated, manual passenger/freight elevator opens into this room offering guests a dramatic entrance. Formerly home to Studio 18 Gallery, the living room also features two levels of art storage for large scale art and canvas storage.

The back half of the apartment is set up as two full bedrooms, a work room/home office and an open plan kitchen with adjacent dining room with multiple floor to ceiling closets. This home needs a loving and creative renovation which takes the vibes and history of this space and building and integrates it with modern amenities.

Our team is happy to provide contacts for architects, contractors and interior designers to take your vision from the current condition to the fantasy home only you can imagine. Pets allowed with condominium board consent. This home also has some adjacent outdoor space for split HVAC system compressors but not as traditional outdoor space. Minimum subletting is three months with board approval. Live/work possible depending on nature of business.

18 Warren is an intimate, elevatored condominium. The ground floor, basement and sub basement is zoned commercial. Apartment #2 is one of four full floor spaces which make up the 5 total units. The elevator is hand operated and must be returned to the ground floor after being used. The building recently completed local law 11 and has a scaffolding on Warren street which will come down shortly. The building is not landmarked. Currently only has SPECTRUM cable but will consider Fios in the future. Warren Street's asphalt between Broadway and Church was recently completely replaced and repaired for city infrastructure purposes. The building plans to upgrade the lobby and hallways once the facade work is complete and scaffolding is removed from the front of the building (expected fall 2020). The building changed from central Con Ed steam heat to individual units and the new owner of unit #2 is expected to make the same upgrade.

Last Agent to Sell the Property

Meris Blumstein

Corcoran Group License #30BL0798434 Listed on: 06/23/2020

Corcoran Group

Co-Listed By

Sydney Blumstein

Corcoran Group License #10301207701

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,644

Year Built

  • Built in 1920

Lot Details

  • 2,526

HOA Fees

  • $775 Monthly HOA Fees

Home Design

  • Pre War Building

Interior Spaces

  • 2,062 Sq Ft Home
  • Den
  • Intercom
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air

Community Details

  • 4 Units
  • Tribeca Subdivision
  • 5-Story Property

Listing and Financial Details

  • Tax Block 135

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,644

Year Built

Built in 1920

Lot Details

0

HOA Fees

$775 per month

Listing Details

  • Cross Street: Church Street & Broadway
  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Tribeca
  • Architectural Style: Prewar
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Interior Features: Den, Separate/Formal Dining Room, Eat-in Kitchen
  • Appliances: Dryer, Washer
  • Equipment (Other): Intercom
  • Living Area: 2062.0
  • Living Area Units: Square Feet
  • Rooms (Total): 7
  • Dining Room Type: Den

Beds/Baths

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 775.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Units: 4
  • Total Stories: 5
  • Year Built: 1920

Tax Info

  • Tax Block: 135
  • Tax Annual: 10644.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2020
Closed on
Jan 20, 2021
Sold by
Arons Eleanor
Bought by
Perovic Milica
Seller's Agent
Meris Blumstein
Corcoran Group
List Price
$1,900,000
Sold Price
$1,826,550
Premium/Discount to List
-$73,450
-3.87%
Current Estimated Value
$2,506,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$679,661
Avg. Annual Appreciation
6.06%
Original Mortgage
$1,461,240
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Perovic Milica $1,826,550 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perovic Milica $1,461,240
Previous Owner Friedrich Franz $1,868,500
Previous Owner Friedrich Franz $1,078,560
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2021 01/20/21 Sold $1,826,550 -3.9% $886 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
06/17/2020 06/17/20 For Sale $1,900,000 -- $921 / 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 $14,689 $124,064 $4,819 $119,245
2024 $14,689 $117,491 $22,088 $112,622
2023 $13,346 $108,792 $4,853 $103,939
2022 $10,168 $536,412 $22,088 $514,324
2021 $11,707 $429,150 $22,088 $407,062
2020 $4,101 $416,632 $22,088 $394,544
2019 $7,459 $347,205 $22,088 $325,117
2018 $8,400 $83,686 $6,388 $77,298
2017 $8,773 $77,489 $6,707 $70,782
2016 $8,249 $73,411 $6,971 $66,440
2015 $4,327 $73,411 $7,014 $66,397
2014 $4,327 $69,522 $5,426 $64,096
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10640868

Real Estate Board of New York (REBNY)

APN: 0135-1102