NOT LISTED FOR SALE

2 Park Place Unit 29B New York, NY 10007

Tribeca Neighborhood

Estimated Value: $6,040,000 - $14,232,214

3 Beds
3.5 Baths
4,623 Sq Ft
$8,342/mo HOA Fee

Last Sold February 12, 2021

Last sale price $13,500,000 $2,920 Per Sq Ft

Est. 34% decrease in value since last sale

Current estimated payment $67,344/month

112 Days on Market

Highlights

  • City View
  • 1-minute walk to Park Place (2,3 Line)
  • Terrace
  • P.S. 397 Spruce Street School Rated A
  • Pre War Building
  • 1-minute walk to City Hall Park

About This Home

As of February 2021

Pavilion B on the 29th floor of The Woolworth Tower Residences is a one-of-a-kind luxurious loft-style, 3 bedroom, 3 ½ bathroom home with home office mezzanine, private outdoor terrace and roof deck high atop downtown Manhattan. With breathtaking New York City views and fabulous private outdoor oases, this 4,623 square foot home?s combination of luxuries cannot be matched.The flawless design maximizes natural light and scale with soaring ceilings that reach up to 22 feet, a vast 47-foot open entertaining expanse, solid oak floors, 6 skylights and an abundance of windows that expose spectacular city, World Trade Center and River views. There is over 1,200 square feet of outdoor space with an expansive 51-foot terrace and roof deck made private by the beautiful restored landmark terra cotta detailing and offering breathtaking bird?s eye views of the city. Filled with every modern amenity and comfort and the finest in finishes and state-of-the art systems throughout, the gracious and expansive prewar-inspired layout provides a wonderful home for both entertaining on a grand scale as well as private living.

The custom chef?s kitchen gracefully flows into the formal expanse and is stunningly appointed with custom Dada cabinetry crafted by the Molteni Group, Calacatta Caldia marble countertops and backsplash and top-of-line Miele appliances including a full-size refrigerator and freezer, wine refrigerator, two dishwashers, professional range oven and double wall ovens. Just off the kitchen is a fully outfitted butler?s pantry / laundry room.

The 35-foot primary suite is surrounded by windows exposing the terrace and filled with beautiful natural light. This incomparable suite offers a full dressing room / closet and in-suite spa bathroom bathed in Calacatta Caldia marble with a Nero Marquina accent trim and radiant heated floors, custom Dada cabinetry crafted by the Molteni Group, Dornbracht platinum-finish fittings, double vanity, a marble steam shower and a Porcelanosa free-standing tub. Both the second and third bedrooms offer exceptional closet storage, en-suite marble baths, radiant heat floors and glorious light. One of the two bedrooms features panoramic open city and river views.

Rarely available, this flawless sun-filled luxury home is a very special residence with nothing omitted in comfort, function or design.

The Woolworth Tower Residences is a luxury condominium with white glove services and amenities. Architecturally exquisite, the top thirty floors have been developed by Alchemy Properties and masterfully transformed by famed French architect Thierry W. Despont into The Woolworth Tower Residences: a limited collection of thirty-two luxury condominium residences at the top of one of New York City?s favorite landmarks. Residents will be welcomed 24 hours a day in a private entrance by both a doorman and concierge. World-class amenities include the Gilbert Lounge, 50? lap pool, hot tub and sauna with changing rooms, state-of-the-art fitness studio with extraordinary views, temperature-controlled wine cellar and tasting room (160 bottle private lockers for each residence) and bicycle storage.

The complete terms are in an offering plan available from the Sponsor. File No. CD14-0062.

Last Agent to Sell the Property

Deanna Kory

Corcoran Group License #30KO0565536 Listed on: 10/09/2020

Corcoran Group

Co-Listed By

Thuylinh Nguyen

Corcoran Group License #10301215689

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $92,844

Year Built

  • Built in 1913

HOA Fees

  • $8,342 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Pre War Building

Interior Spaces

  • 4,623 Sq Ft Home
  • Entrance Foyer
  • City Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Terrace
  • Central Air

Listing and Financial Details

  • Tax Block 123

Community Details

Overview

  • 32 Units
  • The Woolworth Tower Residences Condos
  • Tribeca Subdivision
  • 60-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$92,844

Year Built

Built in 1913

Lot Details

0

HOA Fees

$8,342 per month

Listing Details

  • Cross Street: Park Place & Broadway
  • Exposures: East,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Tribeca
  • Architectural Style: Prewar
  • Entry Level: 29
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 60

Interior Features

  • Interior Features: Entrance Foyer
  • Appliances: Dryer, Washer
  • Living Area: 4623.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 3

Exterior Features

  • View: City
  • View: Yes
  • Patio/Porch Features: Terrace, Rooftop

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common On Floor, Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 8342.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 197.0 x 151.0

Building Info

  • New Construction: No
  • Building Name: The Woolworth Tower Residences
  • Units: 32
  • Total Stories: 60
  • Year Built: 1913

Tax Info

  • Tax Block: 123
  • Tax Annual: 92844.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2020
Closed on
Feb 12, 2021
Sold by
Woolworth 100 Owner Llc
Bought by
Joshi Muna and Pandey Rudra
Seller's Agent
Deanna Kory
Corcoran Group
List Price
$15,950,000
Sold Price
$13,500,000
Premium/Discount to List
-$2,450,000
-15.36%
Total Days on Market
112
Current Estimated Value
$8,948,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,551,696
Avg. Annual Appreciation
-9.12%
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 Buyer Sale Price Title Company
Joshi Muna $13,500,000 --
Joshi Muna $13,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joshi Muna $6,625,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2021 02/12/21 Sold $13,500,000 -15.4% $2,920 / Sq Ft
01/29/2021 01/29/21 Pending -- -- --
10/09/2020 10/09/20 For Sale $15,950,000 -- $3,450 / 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 $105,256 $841,912 $66,282 $775,630
2023 $100,626 $804,883 $66,282 $738,601
2022 $93,470 $833,667 $66,282 $767,385
2021 $87,810 $777,147 $66,282 $710,865
2020 $8,268 $755,758 $66,282 $689,476
2019 $92,845 $744,368 $66,282 $678,086
2018 $83,380 $698,872 $73,062 $625,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10674440

Real Estate Board of New York (REBNY)

APN: 0123-1003