$7,000,000
SOLD JUN 11, 2021

2 Park Place Unit 38A New York, NY 10007

Tribeca Neighborhood
3 Beds
3.5 Baths
3,282 Sq Ft
$5,659/mo HOA Fee

Recently Sold

$2,133 Per Sq Ft

31% Below List Price

Highlights

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

About This Home

As of June 2021

THE WOOLWORTH TOWER RESIDENCES award-winning restoration is now complete and available for immediate occupancy. Set almost 435 feet above street level, this sprawling three-bedroom, three- and a half-bath home offers 3,282 square feet of gracious living space, three breathtaking exposures of sweeping city and river views, all framed with meticulously restored terra-cotta window surrounds. This luxurious tower residence is complete with an oversized eat-in kitchen, ceilings over 10” high, and solid oak herringbone floors throughout.

The floor plan offers an abundance of flexible entertaining areas, including a corner, 36-foot great room with ample wall space for even the most prestigious art collection. A sun-flooded eat-in kitchen has been outfitted with custom Dada cabinetry crafted by the Molteni Group, Calacatta Caldia marble countertops, and integrated Dornbracht fixtures. A full suite of Miele appliances, inclusive of a wine fridge and two dishwashers, truly makes this kitchen extraordinary. Designed with serenity in mind, the oversized corner master suite is outfitted with a 13'x10' walk in closet and a spacious bathroom boasting a steam shower, freestanding Porcelanosa soaking tub, dual vanity with Dornbracht platinum-finish fixtures, Nanz nickel hardware, and Calacatta Caldia radiant heat floors.



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. Offering white-glove service and amenities that include the Gilbert Lounge, Woolworth Pool, Fitness Studio, Wine Cellar and Tasting Room, Bike Room, On-Site parking and resident-only Lobby. Originally commissioned by retail magnate F.W. Woolworth, architect Cass Gilbert's magnificent 792-foot tall neo-Gothic masterpiece continues to capture the imagination and grace the world's 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 design quality, craftsmanship and attention to detail befitting this beloved landmark.

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: 09/09/2019

Sothebys International Realty

Co-Listed By

Joshua Judge

Sothebys International Realty License #30JU0980159

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $55,488

Year Built

  • Built in 1910

HOA Fees

  • $5,659 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 3,282 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 3 Bedrooms

Community Details

  • 33 Units
  • Tribeca Subdivision
  • 61-Story Property

Listing and Financial Details

  • Tax Block 00123

Property Details

Home Type

Condominium

Est. Annual Taxes

$55,488

Year Built

Built in 1910

Lot Details

0

HOA Fees

$5,659 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: TriBeCa
  • Architectural Style: Prewar
  • Entry Level: 38
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 61

Interior Features

  • Living Area: 3282.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

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

Garage/Parking

  • Garage: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 5659.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Area: 29411.0
  • Lot Size Dimensions: 151.58 x 197.75

Building Info

  • New Construction: No
  • Units: 33
  • Total Stories: 61
  • Year Built: 1910

Tax Info

  • Tax Block: 00123
  • Tax Annual: 55488.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2019
Closed on
Jun 4, 2021
Sold by
Woolworth 100 Owner Llc
Bought by
Metro Mile Llc
Seller's Agent
Stan Ponte
Sothebys International Realty
List Price
$10,175,000
Sold Price
$7,000,000
Premium/Discount to List
-$3,175,000
-31.2%
Current Estimated Value
$6,402,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$597,079
Avg. Annual Appreciation
-4.60%
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 $7,000,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2023 02/16/23 Off Market $7,000,000 -- --
06/11/2021 06/11/21 Sold $7,000,000 -31.2% $2,133 / Sq Ft
09/09/2019 09/09/19 Pending -- -- --
09/09/2019 09/09/19 For Sale $10,175,000 -- $3,100 / 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
2025 $73,725 $624,275 $46,427 $577,848
2024 $73,725 $589,709 $46,427 $543,282
2023 $70,483 $563,773 $46,427 $517,346
2022 $64,356 $583,936 $46,427 $537,509
2021 $60,232 $544,347 $46,427 $497,920
2020 $57,999 $529,365 $46,427 $482,938
2019 $55,118 $521,387 $46,427 $474,960
2018 $52,861 $444,096 $46,427 $397,669
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10901430

Real Estate Board of New York (REBNY)

APN: 0123-1017