NOT LISTED FOR SALE

19 Park Place Unit 16A New York, NY 10007

Tribeca Neighborhood

Estimated Value: $2,379,000 - $2,710,000

2 Beds
2 Baths
1,336 Sq Ft
$1,659/mo HOA Fee

Last Sold November 16, 2023

Last sale price $2,600,000 $1,946 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $18,760/month

29 Days on Market

Highlights

  • New Construction
  • 1-minute walk to Park Place (2,3 Line)
  • Balcony
  • P.S. 397 Spruce Street School Rated A
  • Community Garden
  • 3-minute walk to City Hall Park

About This Home

As of November 2023

Welcome to this gleaming full-floor loft at TriBeCa’s newest luxury tower, a stunning 2-bedroom, 2-bathroom home suffused with Lower Manhattan views and northern and southern light. Two frameless balconies, one south facing and one north facing, offer fresh air and stylish settings for sunset drinks, urban gardening, and easy warm-weather lounging.

This pristine home is equipped with high-end finishes and modern infrastructure like direct keyed elevator entry, smart home-ready wiring, central heating and cooling, and a Miele washer and dryer. Enjoy the privacy and quiet tranquility of an entire floor, which has been sound engineered to include specialized high-density acoustic insulation in the flooring and a sound-dampening wrap-around curtain wall.

Residents enter into a spacious gallery that flows into an open-concept living room, dining room, and kitchen saturated with natural light and covered with 6-inch wide plank European oak flooring throughout. The kitchen features a large eat-in island under a sleek Zephyr cooktop range hood, polished Italian Statuario marble slab countertops and backsplash, custom desert oak cabinets, paneled Subzero refrigerator, Wolf gas cooktop and electric wall oven, Viking paneled dishwasher and microwave, and paneled wine refrigerator by Perlick.

On the opposite side of the home, the primary suite boasts a walk-in closet, a north-facing balcony, and a dazzling windowed en-suite bathroom with radiant-heated walnut brown Haisa marble flooring, polished Onyx porcelain slab walls imported from Italy, a huge custom vanity, hydronic towel warmer, and a glass-enclosed wet room with slatted teak floors, a rain shower, and a freestanding Wetstyle soaking tub. The second bedroom has two reach-in closets across a full bathroom with polished walnut brown Haisa marble walls, radiant-heated honed onyx porcelain flooring by Ariostea Ultra Onici, polished nickel Hansgrohe fixtures, and a soaking tub with rain and handheld showerheads.

Iris Tribeca, designed by renowned architect Ismael Leyva, is a distinctive full-service condominium with 24 full-floor and half-floor residences. The boutique building has a beautifully designed atrium-like lobby featuring hand-crafted light and sculptural designs and a 19’ vein-cut limestone waterfall; and has stylish lifestyle amenities, such as doorman service, a fitness center, a residents-only lounge, children’s play area, a tranquil landscaped courtyard garden, heated sidewalk, private storage, and cold storage. Situated on the same block as the new Four Seasons Hotel and Woolworth building, Iris Tribeca is just around the corner from City Hall Park at the nexus of TriBeCa and the Financial District. It is moments from high-end dining and shopping options, Whole Foods, One World Trade Center, Brookfield Place, Rockefeller Park, and the Hudson River Greenway. Transportation could not be any more convenient, as it is near the subway lines 2/3/A/C/E/R/W and within 1-2 blocks from lines 1/4/5/6. Pets are welcome.

THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM SPONSOR. FILE NO. CD13-02841.

Last Listed By

Brian Chan

Serhant License #10401213602 Listed on: 06/09/2022

Serhant

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $33,360

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 3,872

HOA Fees

  • $1,659 Monthly HOA Fees

Interior Spaces

  • 1,336 Sq Ft Home
  • Entrance Foyer
  • Storage
  • Laundry in unit
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Balcony
  • Garden
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 0008 / 00124

Community Details

Overview

  • 24 Units
  • Iris Tribeca Condos
  • Tribeca Subdivision
  • 21-Story Property

Amenities

  • Community Garden

Property Details

Home Type

Condominium

Est. Annual Taxes

$33,360

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$1,659 per month

Listing Details

  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: TriBeCa
  • Entry Level: 16
  • Structure Type: None
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 21

Interior Features

  • Interior Features: Entrance Foyer, Elevator, Storage
  • Appliances: Dishwasher
  • Fireplace: No
  • Living Area: 1336.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Garden, Balcony, Building Balcony, Garden
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1659.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Acres
  • Lot Features: Garden
  • Lot Size Area: 3872.0
  • Lot Size Dimensions: 25.5 x 151.83

Building Info

  • New Construction: Yes
  • Building Name: Iris Tribeca
  • Units: 24
  • Spa: No
  • Total Stories: 21
  • Year Built: 2022

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 00124
  • Tax Lot: 0008
  • Tax Annual: 33360.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Nov 14, 2023
Sold by
Abn Realty Llc
Bought by
19 Park Place 16A Llc
Seller's Agent
Brian Chan
Serhant
List Price
$2,695,000
Sold Price
$2,600,000
Premium/Discount to List
-$95,000
-3.53%
Total Days on Market
29
Views
19
Current Estimated Value
$2,528,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$71,638
Avg. Annual Appreciation
-0.57%
Original Mortgage
$1,950,000
Outstanding Balance
$1,925,546
Interest Rate
7.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$651,785

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
19 Park Place 16A Llc $2,679,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 19 Park Place 16A Llc $1,950,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2023 11/16/23 Sold $2,600,000 -3.5% $1,946 / Sq Ft
07/09/2022 07/09/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $2,695,000 -- $2,017 / 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
2024 $35,393 $283,099 $59,062 $224,037
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10918078

Real Estate Board of New York (REBNY)

APN: 6201-0000-00124-000-0001221