NOT LISTED FOR SALE

199 Prince St Unit 12 New York, NY 10012

SoHo Neighborhood

Estimated Value: $878,824 - $1,488,000

2 Beds
1 Bath
-- Sq Ft
$567/mo HOA Fee

Last Sold April 26, 2024

Last sale price $1,290,000

Est. 3% decrease in value since last sale

Current estimated payment $7,715/month

112 Days on Market

Highlights

  • City View
  • 2-minute walk to Spring Street (A,C,E Line)
  • 1-minute walk to Father Fagan Park
  • P.S. 3 Charrette School Rated A

About This Home

As of April 2024

Exactly what you have been waiting for! A tastefully renovated move-in ready CONDO on a quiet & bucolic A+ SoHo block (Prince @ Sullivan/MacDougal) with incredibly low monthlies, beautifully preserved pre-war detailing, abundant natural light and privacy, high ceilings, and an uncommonly rare level of peace & quiet for such a prime central downtown location. With additional features such as W/D, D/W, windowed marble bathroom, and central (split-system) A/C, this property stands out as an incredible home and investment.

This corner (NW) 2BR/1BA apartment is in the final stages of a complete gut-renovation with careful attention to detail, creating an extraordinarily serene and comfortable oasis home in the center of it all. Only 2 flights up (walk-up), a long private entry hallway with exposed brick (perfect for coats/hats/shoes) brings you into a delightful windowed bistro dining area and the stunning new fully-equipped kitchen, which features a 30" Samsung 5-burner gas range, wall-mounted microwave, Samsung SS 30" D/W, LG combo W/D, Liebherr full-sized refrigerator w/ separate freezer, under-mount SS sink, tons of storage, soft-close cabinetry with subtle lacquered finish, and handsome Caesarstone backsplash & matching countertops. The crisp Carrera clad marble bathroom is windowed, and offers elegant tasteful basket-weave marble flooring, marble-topped vanity with storage +medicine cabinet, inset storage shelf, wall-insert heater, and a full-sized tub. The living room is functional and simple, with West-facing views of sunsets, ivy-clad handsome brick buildings, and a bit of open Western skyline. Both bedrooms are fair-sized and can accommodate a queen bed, are unbelievably quiet and private, and offer clever custom built-in closets. Additional features in this home perfectly finished home include newly installed HVAC (MITSUBISHI Tri-Zone w/ Wi-Fi Thermostats), hardwood flooring, new windows, baseboard moldings, solid-core full-height doors, recessed lighting, period-proper paint color-scheme, and outlets generously spread throughout the home. This unit does not face the (wonderfully-fun) Prince Street activity- - which as a rear-facing unit would typically mean quiet though with no light/view or privacy whatsoever, though the layout of this particular building allows for an unexpectedly charming & open feel + views in the main rooms here, offering the best of all worlds. Beautifully finished, stellar location, Condo w/ low carrys, natural light all day, and extreme privacya true oasis right upstairs from everything downtown.

199 Prince St. is a pet + investor-friendly boutique 6-story CONDO unlike most buildings of its age - - it is impeccably kept, has a well-lit windowed staircase, and offers a very solid historic feel throughout. The building has a private outdoor trash/recycling area, a full-time super, key-fob entry, video intercom, is intimate, safe, and extremely well-managed. The location is absolute top-shelf - - a small tree-lined block & within 60 seconds you are at Raoul's, The Dutch, Little Prince (downstairs!), Blue Ribbon, Trader Joes, Soho's Cast-Iron District, cross Houston into Greenwich Village, easy stroll to West Village or Nolita, E+ W transportation, etcundoubtedly one of the best blocks in downtown NYC. Please Note: 1) certain photos are from an identical unit in the same line of this bldg. (as apt. #12 is still finalizing renovations), and 2) this is a Sponsor sale, buyers may qualify for the NYC Condo Property Tax Abatement (please consult your attorney/CPA).

Last Agent to Sell the Property

Joseph Monteleone

Douglas Elliman Real Estate License #30MO0845606 Listed on: 10/19/2023

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,372

Year Built

  • Built in 1906

HOA Fees

  • $567 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer Dryer Allowed
  • Washer Hookup

Additional Features

  • City Views
  • No Cooling

Community Details

  • 21 Units
  • Soho Subdivision
  • 6-Story Property

Listing and Financial Details

  • Legal Lot and Block 1012 / 00518

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,372

Year Built

Built in 1906

Lot Details

0

HOA Fees

$567 per month

Listing Details

  • Exposures: North,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: SoHo
  • Architectural Style: Walk-Up
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None, Building Washer Dryer Install Allowed, Washer Hookup, In Unit
  • Green Building Features: Green Building
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 567.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 21
  • Total Stories: 6
  • Year Built: 1906

Tax Info

  • Tax Block: 00518
  • Tax Lot: 1012
  • Tax Annual: 6372.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2023
Closed on
Apr 26, 2024
Sold by
Prince Street Investment Company Llc
Bought by
Kessler Gordon and Kessler Katherine Allen
Seller's Agent
Joseph Monteleone
Douglas Elliman Real Estate
List Price
$1,385,000
Sold Price
$1,290,000
Premium/Discount to List
-$95,000
-6.86%
Views
241
Current Estimated Value
$1,251,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$38,044
Avg. Annual Appreciation
-1.83%
Original Mortgage
$1,032,000
Outstanding Balance
$1,017,502
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$234,454
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
Kessler Gordon $1,317,463 --
Kessler Gordon $1,317,463 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kessler Gordon $1,032,000
Closed Kessler Gordon $1,032,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2024 04/26/24 Sold $1,290,000 -0.7% --
02/09/2024 02/09/24 Pending -- -- --
12/04/2023 12/04/23 Price Changed $1,299,000 -6.2% --
10/19/2023 10/19/23 For Sale $1,385,000 -- --
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 $6,752 $57,735 $9,602 $48,133
2024 $6,752 $54,009 $9,602 $44,407
2023 $6,365 $51,890 $9,602 $42,288
2022 $6,266 $51,726 $9,602 $42,124
2021 $6,085 $49,604 $9,602 $40,002
2020 $6,202 $52,943 $9,602 $43,341
2019 $5,953 $51,773 $9,602 $42,171
2018 $5,638 $50,010 $9,602 $40,408
2017 $5,352 $49,448 $9,602 $39,846
2016 $5,039 $46,952 $9,602 $37,350
2015 $2,628 $40,337 $9,602 $30,735
2014 $2,628 $37,397 $9,602 $27,795
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10952193

Real Estate Board of New York (REBNY)

APN: 0518-1012