NOT LISTED FOR SALE

199 Prince St Unit 5 New York, NY 10012

SoHo Neighborhood

Estimated Value: $1,135,000 - $1,508,000

3 Beds
1 Bath
-- Sq Ft
$668/mo HOA Fee

Last Sold April 26, 2024

Last sale price $1,500,000

Est. 15% decrease in value since last sale

Current estimated payment $8,029/month

91 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
  • South Facing Home

About This Home

As of April 2024

This rare find 3 bed 1 bath Condo in SoHo with attention paid to every detail. This smartly designed space has 3 leagal bedrooms which makes the apartment versitale, the the smaller bedrooms can de set as home office and a hugh walk-in closet; and this is also a great investment oportunity as it's extreamly low carry cost.

From the entry foyer to the Custom Kitchen are thoughtful features throughout. A windowed open kitchen with kitchenhood that vents out, Viking range and Liebherr fridge, custom cabinetry and Cesar stone countertops make it a homechef's dream; A soaking tub with Custom Glass shower door, brushed nickel fixtures in the spa like bathroom.

Living room, main & 2nd bedroom all facing South overlooking quintessential SOHO on Prince Street, with plenty of natural light .
An apartment wide HVAC system controled by nest smart thermostat and LG combo Washer/Dryer is also in the unit.

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 at downstairs, Blue Ribbon, Trader Joes, Soho Cast-Iron District, cross Houston into Greenwich Village, easy stroll to West Village or Nolita, E + W transportation, etceasily one of the best blocks in downtown NYC.

Please note, tenant in place, please email and we will be happy to make an appointment to show.

Last Agent to Sell the Property

Nan Chen

Douglas Elliman Real Estate License #10301218912 Listed on: 11/02/2023

Douglas Elliman Real Estate

Co-Listed By

Hui -Wen Milligan

Douglas Elliman Real Estate License #30CH1054843

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,959

Year Built

  • Built in 1906

HOA Fees

  • $668 Monthly HOA Fees

Home Design

  • Entry on the 6th floor

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer Dryer Allowed
  • Washer Hookup

Additional Features

  • City Views
  • South Facing Home
  • No Cooling

Community Details

  • 21 Units
  • Soho Subdivision
  • 6-Story Property

Listing and Financial Details

  • Legal Lot and Block 7502 / 00518

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,959

Year Built

Built in 1906

Lot Details

0

HOA Fees

$668 per month

Listing Details

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

Interior Features

  • Interior Features: Smoke Free
  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 3

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 668.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

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: 7502

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Apr 26, 2024
Sold by
Li Guoan and Li You
Bought by
Prince'S Melody Llc
Seller's Agent
Nan Chen
Douglas Elliman Real Estate
List Price
$1,750,000
Sold Price
$1,500,000
Premium/Discount to List
-$250,000
-14.29%
Views
518
Current Estimated Value
$1,279,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$220,315
Avg. Annual Appreciation
-10.05%

Purchase Details

Closed on
Jan 16, 2015
Sold by
Myg Prince Acquisition Llc and % Lane Capital Partners
Bought by
Li Guoan and Li You

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.66%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Prince'S Melody Llc $1,500,000 --
Prince'S Melody Llc $1,500,000 --
Li Guoan $1,500,000 --
Li Guoan $1,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Li Guoan $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2024 04/26/24 Sold $1,500,000 -5.7% --
02/09/2024 02/09/24 Price Changed $1,590,000 -9.1% --
02/08/2024 02/08/24 Pending -- -- --
11/08/2023 11/08/23 For Sale $1,750,000 0.0% --
02/27/2022 02/27/22 Rented -- -- --
02/15/2022 02/15/22 For Rent $5,000 +2.0% --
05/19/2017 05/19/17 For Rent $4,900 -- --
05/19/2017 05/19/17 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 $7,959 $68,055 $11,318 $56,737
2024 $7,959 $63,664 $11,318 $52,346
2023 $7,503 $61,167 $11,318 $49,849
2022 $5,524 $60,973 $11,318 $49,655
2021 $7,173 $58,472 $11,318 $47,154
2020 $5,666 $62,408 $11,318 $51,090
2019 $7,017 $61,028 $11,318 $49,710
2018 $6,646 $58,950 $11,318 $47,632
2017 $6,308 $58,288 $11,318 $46,970
2016 $5,941 $55,346 $11,318 $44,028
2015 $3,098 $47,548 $11,318 $36,230
2014 $3,098 $44,083 $11,318 $32,765
Source: Public Records

Agents Affiliated with this Home

  • Nan Chen

    Seller's Agent in 2024

    Nan Chen

    Douglas Elliman Real Estate

    (646) 384-8811

    1 in this area

    1 Total Sale

    Nan Chen
    Section Image
  • Hui -Wen Milligan

    Seller Co-Listing Agent in 2024

    Hui -Wen Milligan

    Douglas Elliman Real Estate

    (646) 725-7889

    1 in this area

    25 Total Sales

    Hui -Wen Milligan
    Section Image
  • Arthur Golden

    Seller's Agent in 2022

    Arthur Golden

    Douglas Elliman Real Estate

    (212) 866-8717

    17 Total Sales

    Arthur Golden
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10952576

Real Estate Board of New York (REBNY)

APN: 0518-1005

New York New York County New York 10012 SoHo

199 Prince St Unit 5, New York, NY

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