NOT LISTED FOR SALE

2 Park Place Unit 45b New York, NY 10007

Tribeca Neighborhood

Estimated Value: $2,482,487 - $3,955,000

1 Bed
1.5 Baths
1,294 Sq Ft
$1,942/mo HOA Fee

Last Sold June 28, 2019

Last sale price $2,500,000 $1,932 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $20,510/month

255 Days on Market

Highlights

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

About This Home

As of June 2019

Originally commissioned by retail magnate F.W. Woolworth, architect Cass Gilberts magnificent 792-foot tall neo-Gothic masterpiece continues to capture the imagination and grace the worlds most famous skyline. The 32 individually crafted condominium residences developed by Alchemy Properties start on the 29th floor and are designed by world-renowned French architect, Thierry W Despont with a design quality, craftsmanship and attention to detail befitting this beloved landmark. Set 580 feet above street level, this sprawling one-bedroom, one and a half bath home is approx. 1294 square feet of gracious living space. This luxurious tower apartment offers double exposures facing North and West with sweeping city and river views, an oversized kitchen with three enormous windows, over 10' ceilings, and solid oak herringbone floors throughout. This magnificent kitchen has open views of the Manhattan skyline, custom Dada cabinetry by the Molteni Group, Dornbracht hardware, Calacatta Caldia marble counters and backsplashes as well as a suite of Miele appliances. The master suite boasts four closets, a spacious windowed bathroom outfitted with steam shower, double vanity by the Molteni Group, Calacatta Caldia marble floors and marble slab walls and radiant heated floors with a Nero Marquina border all finished with Dornbracht Platinum fixtures and Nanz nickel hardware. With never more than two homes per floor, life at The Woolworth Tower Residences offers a club like intimacy while surrounded by world-class restaurants, hotels and shopping. The Gilbert Lounge, Woolworth Pool, Fitness Studio, Wine Cellar and Tasting Room, Bike Room, On-Site Attended parking and resident-only Lobby and white glove service ensure that while living in the most dynamic city in the world one has the amenities, privacy and security to feel right at home. Immediate occupancy.

The complete terms are in an Offering Plan available from the Sponsor. File No. CD14-0062. Sponsor reserves the right to make changes in accordance with the Offering Plan.

Last Agent to Sell the Property

Stan Ponte

Sothebys International Realty License #30po0894635 Listed on: 08/23/2018

Sothebys International Realty

Co-Listed By

Joshua Judge

Sothebys International Realty License #30JU0980159

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,792

Year Built

  • Built in 1910

Lot Details

  • West Facing Home

HOA Fees

  • $1,942 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Pre War Building

Interior Spaces

  • 1,294 Sq Ft Home
  • Home Gym
  • City Views

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Community Details

  • 33 Units
  • High-Rise Condominium
  • The Woolworth Tower Residences Condos
  • Tribeca Subdivision
  • 61-Story Property

Listing and Financial Details

  • Legal Lot and Block 7501 / 00123

Property Details

Home Type

Condominium

Est. Annual Taxes

$21,792

Year Built

Built in 1910

Lot Details

0

HOA Fees

$1,942 per month

Listing Details

  • Exposures: North,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: TriBeCa
  • Architectural Style: Prewar
  • Entry Level: 45
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 61

Interior Features

  • Interior Features: Elevator
  • Appliances: Dryer, Washer/Dryer Stacked, Washer
  • Fireplace: No
  • Living Area: 1294.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3
  • Dining Room Type: Gym

Beds/Baths

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

Exterior Features

  • View: City, Water
  • View: Yes
  • Direction Faces: West
  • Other Structures: Garage(s)

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: In Unit

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1942.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 29411.0
  • Lot Size Dimensions: 151.58 x 197.75

Building Info

  • New Construction: No
  • Building Name: The Woolworth Tower Residences
  • Units: 33
  • Total Stories: 61
  • Year Built: 1910

Rental Info

  • Furnished: Unfurnished
  • Owner Pays: None

Tax Info

  • Tax Block: 00123
  • Tax Lot: 7501
  • Tax Annual: 21792.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2018
Closed on
Jun 28, 2019
Sold by
Woolworth 100 Owner Llc
Bought by
Simonetti Matthew
Seller's Agent
Stan Ponte
Sothebys International Realty
Sold Price
$2,500,000
Total Days on Market
255
Current Estimated Value
$3,042,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$542,372
Avg. Annual Appreciation
3.37%
Original Mortgage
$2,000,000
Outstanding Balance
$1,773,518
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,268,854
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
Simonetti Matthew $2,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simonetti Matthew $82,978
Open Simonetti Matthew $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2022 02/01/22 For Sale -- -- --
06/28/2019 06/28/19 Sold $2,500,000 -37.1% $1,932 / Sq Ft
05/06/2019 05/06/19 Pending -- -- --
08/23/2018 08/23/18 For Sale $3,975,000 -- $3,072 / 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 $29,065 $232,482 $18,303 $214,179
2023 $27,787 $222,257 $18,303 $203,954
2022 $25,371 $230,207 $18,303 $211,904
2021 $23,827 $214,600 $18,303 $196,297
2020 $18,998 $208,694 $18,303 $190,391
2019 $21,877 $205,549 $18,303 $187,246
2018 $20,881 $175,078 $18,303 $156,775
Source: Public Records

Agents Affiliated with this Home

  • Stan Ponte

    Seller's Agent in 2019

    Stan Ponte

    Sothebys International Realty

    (212) 606-4100

    16 in this area

    65 Total Sales

    Stan Ponte
    Section Image
  • Joshua Judge

    Seller Co-Listing Agent in 2019

    Joshua Judge

    Sothebys International Realty

    (212) 431-2476

    16 in this area

    43 Total Sales

    Joshua Judge
    Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10939164

Real Estate Board of New York (REBNY)

APN: 0123-1028

New York New York County New York 10007 Tribeca

2 Park Place Unit 45b, New York, NY

This home is located at 2 Park Place Unit 45b, New York, NY 10007 since 23 August 2018 and is currently estimated at $3,042,372, approximately $2,351 per square foot. This property was built in 1910. 2 Park Place Unit 45b is a home located in New York County with nearby schools including P.S. 397 Spruce Street School, Lower Manhattan Community Middle School, and Clinton School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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