$1,200,000
SOLD SEP 14, 2022

199 Prince St Unit 27 New York, NY 10012

SoHo Neighborhood
2 Beds
1 Bath
-- Sq Ft
$516/mo HOA Fee

Recently Sold

14% Below List Price

201 Days on Market

Highlights

  • Pre War Building
  • 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 September 2022

Exactly what you have been waiting for. A tastefully renovated move-in ready CONDO apt. on a bucolic A+ SoHo block (Prince near Sullivan) with low monthlies, beautifully preserved pre-war detailing, perfect natural light and skyline views, high ceilings, and a level of peace and quiet rare to find in central Downtown NYC. Incredible home and investment.

This corner (North + West) 2BR/1BA apartment was completely gut-renovated just before the pandemic with exacting attention to detail, creating an extraordinarily serene and comfortable oasis well worth the walk-up (5 flights up to 6th (top) floor). A long private entry hallway with exposed brick (perfect for stashing coats/hats/shoes on the way in) brings you into a delightful windowed bistro dining area + the stunning new fully-equipped kitchen, which features a 30" Beko 5-burner gas range, wall-mounted LG microwave, Beko SS D/W, LG combo W/D (!), Beko full-sized fridge w/ separate freezer, under-mount SS sink, handsome subway-tiling backsplash, tons of storage, soft-close cabinetry with subtle lacquered finish, and quartz countertops. The crisp Carrera clad marble bathroom is also windowed, and offers elegant tasteful basket-weave marble flooring, marble-topped vanity with storage + medicine cabinet, and a full-sized tub. The living room is functional and simple, with an oversized window facing west over ivy-clad buildings into the West Village, providing gorgeous NYC sunset views. Both bedrooms are fair-sized and can accommodate a queen bed, are supremely quiet and private, and offer clever custom built-in closets. Additional features in this home perfectly finished home include Central HVAC (all rooms), hard wood 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 bustling) Prince Street activity - - which as a rear unit would typically mean quiet though with no light/view or privacy whatsoever, though again the walk-up here earns you sky views, natural light all day, and extreme privacy. A true oasis, right upstairs from everything downtown.

199 Prince is a pet + investor-friendly boutique 6-story CONDO unlike many 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, and is intimate and safe. The location is absolute top-shelf - - small tree-lined block & within 60 seconds you are at Raoul's, The Dutch, Little Prince (downstairs!), Blue Ribbon, Trader Joes, Soho Cast-Iron District, cross Houston into Greenwich Village, easy stroll to West Village or Nolita, E + W transportation, etc...easily one of the best blocks in downtown NYC. Please Note: This is a Sponsor sale // buyers may qualify for the NYC Coop & Condo Property Tax Abatement (consult your CPA).

Last Agent to Sell the Property

Joseph Monteleone

Douglas Elliman Real Estate License #30MO0845606 Listed on: 01/07/2022

Douglas Elliman Real Estate

Co-Listed By

Eugene Cordano

Brown Harris Stevens Residential Sales LLC License #30CO0862743

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,264

Year Built

  • Built in 1906

HOA Fees

  • $516 Monthly HOA Fees

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Community Details

  • 27 Units
  • 199 201 Prince St C Condos
  • Soho Subdivision
  • 6-Story Property

Listing and Financial Details

  • Tax Block 00518

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,264

Year Built

Built in 1906

Lot Details

0

HOA Fees

$516 per month

Listing Details

  • Cross Street: SULLIVAN STREET and MAC DOUGAL STREET
  • Exposures: North,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Soho
  • Architectural Style: Prewar
  • Entry Level: 27
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Rooms (Total): 4

Beds/Baths

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 516.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: 199-201 PRINCE ST C
  • Units: 27
  • Total Stories: 6
  • Year Built: 1906

Tax Info

  • Tax Block: 00518
  • Tax Annual: 6264.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2022
Closed on
Sep 12, 2022
Sold by
Prince Street Investment Company Llc
Bought by
199 Prince St Llc
Seller's Agent
Joseph Monteleone
Douglas Elliman Real Estate
List Price
$1,399,000
Sold Price
$1,200,000
Premium/Discount to List
-$199,000
-14.22%
Current Estimated Value
$1,023,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$176,979
Avg. Annual Appreciation
-4.81%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,221,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2023 05/30/23 Under Contract -- -- --
05/30/2023 05/30/23 For Rent $5,000 0.0% --
03/09/2023 03/09/23 Rented $5,000 0.0% --
12/13/2022 12/13/22 Off Market $1,200,000 -- --
09/14/2022 09/14/22 Sold $1,200,000 -7.3% --
07/28/2022 07/28/22 Pending -- -- --
06/22/2022 06/22/22 Price Changed $1,295,000 -0.3% --
06/10/2022 06/10/22 Price Changed $1,299,000 -2.3% --
03/24/2022 03/24/22 Price Changed $1,329,000 -5.0% --
01/07/2022 01/07/22 For Sale $1,399,000 0.0% --
08/09/2019 08/09/19 For Rent $4,999 -- --
08/09/2019 08/09/19 Rented -- -- --
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 $6,487 $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: RLS10795993

Real Estate Board of New York (REBNY)

APN: 0518-1027