NOT LISTED FOR SALE

224 Mulberry St Unit 5 New York, NY 10012

Nolita Neighborhood

Estimated Value: $6,266,000 - $7,559,000

4 Beds
4 Baths
3,167 Sq Ft
$6,689/mo HOA Fee

Last Sold December 20, 2021

Last sale price $10,999,000 $3,473 Per Sq Ft

Est. 39% decrease in value since last sale

Current estimated payment $47,680/month

Highlights

  • Rooftop Deck
  • 1-minute walk to Spring Street (4,6 Line)
  • Terrace
  • P.S. 130 - Hernando De Soto Rated A
  • City View
  • 1-minute walk to DeSalvio Playground

About This Home

As of December 2021

Nolita Majestic 4 Bedroom Condo with Two Deeded Parking Spaces & Private Outdoor Space

Welcome to this unique grand and luxurious duplex condo, constructed only six years ago, with two deeded private parking spaces and a private outdoor terrace with spectacular views, 4 bedrooms, and 4 bathrooms in a full amenity boutique doorman Condo. 224 Mulberry Street is the perfect blend of sophisticated modern and innovative contemporary design and timeless pre-war elegance. Thisstunning home also showcases unique scale, open views, and plentiful sunlight in every room.

Enter this stunning 3167 square foot home from a key-locked elevator that opens to an elegant entry foyer leading to a magnificent great room featuring a dramatic floor-to-ceiling marble gas fireplace. The entire west wall of the living/dining room is framed by a deep spacious private outdoor terrace of 379 square feet, accessed by several double French doors, which offers indoor/outdoor living. The terrace features spectacular skyline views facing North, South and West, including views of the Empire State building, and accommodates two lounging areas as well as al fresco dining.

Adjacent to the living room is a dining area, currently being used as a bedroom/den, that also features French doors opening to the outdoor terrace.



This luxurious home also boasts a regal ultra-wide sunlit chef's kitchen that has windows with Eastern views, and features a massive polished statuary marble countertop and eat-in island that seats four. The custom kitchen was designed in collaboration with Smallbone of Devizes and is appointed with a suite of high-end Gaggenau appliances and a Bardiglio mini bricks backsplash.

The kitchen opens to a den/breakfast room with eastern views through oversized windows.

The main level of this home also features an elegant full bathroom with a marble sink and a walk-in shower.



Ascend the open modern wood floating staircase to the upper level which features the luxurious primary suite and two guest bedrooms all sunlit with views and ensuite bathrooms.



The luxurious and functional primary suite boasts a sun-flooded bedroom with sky views, two walk-in custom closets, a private sitting room/office, and an ultra wide ensuite 5-fixture spa bathroom with a west-facing window, mosaic-tiled floors, double sinks, Barber Wilson fixtures, a glass-enclosed walk-in steam shower, a deep oversized soaking tub, and radiant heated floors.

On the opposite side of this upper floor, are the second and third bedrooms each featuring large windows with eastern exposure allowing plentiful sun, and ensuite bathrooms.



Additional features of this stunning apartment include white oak flooring, high ceilings, recessed lighting, custom light fixtures and millwork, a laundry room with a washer/dryer, and an individual storage room.

This home also provides the rare and exceptional offering of two deeded private parking spaces.

224 Mulberry Street was constructed only six years ago, and is acoveted eight-story boutique condominium of only six homes yet offers a full amenity package: a 24-hour doorman, a fitness center, and a roof terrace with spectacular skyline views, including views of the Empire State Building, the Freedom Tower, and the Brooklyn, Manhattan and Williamsburg bridges.



Located in prime Nolita, 224 Mulberry is centrally located next to an abundance of desirable restaurants and designer stores, and is a few steps to SoHo, NoHo, and Greenwich Village. Pets are welcome.

Purchaser pays a working capital contribution of one month common charges at closing.

Last Agent to Sell the Property

Ryan Serhant

Serhant License #10301209394 Listed on: 09/23/2021

Serhant

Co-Listed By

Donna Strugatz

Serhant License #10301207567

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $53,832

Year Built

  • Built in 2015

HOA Fees

  • $6,689 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 3,167 Sq Ft Home
  • Wood Burning Fireplace
  • Entrance Foyer
  • Den
  • City Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Outdoor Features

  • Balcony
  • Terrace

Utilities

  • Central Air

Community Details

Overview

  • 6 Units
  • Nolita Subdivision
  • 8-Story Property

Amenities

  • Rooftop Deck
  • Building Terrace

Property Details

Home Type

Condominium

Est. Annual Taxes

$53,832

Year Built

Built in 2015

Lot Details

0

HOA Fees

$6,689 per month

Listing Details

  • Exposures: East,West
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: NoLIta
  • Entry Level: 5
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Interior Features: Den, Entrance Foyer, Eat-in Kitchen
  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 3167.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6
  • Dining Room Type: Den

Beds/Baths

  • Full Bathrooms: 4
  • Bathrooms Integer: 4
  • Bedrooms: 4

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Balcony, Building Roof Deck
  • Patio/Porch Features: Building Terrace, Terrace, Balcony

Garage/Parking

  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 6689.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Area: 7429.0
  • Lot Size Dimensions: 75.17 x 98.67

Building Info

  • New Construction: No
  • Units: 6
  • Total Stories: 8
  • Year Built: 2015

Tax Info

  • Tax Block: 0
  • Tax Annual: 53832.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Dec 20, 2021
Sold by
224-5 Mulberry Llc
Bought by
Green Trustee Jason E and The Green Family Trust, Dated February 2
Seller's Agent
Ryan Serhant
Serhant
List Price
$10,999,000
Sold Price
$10,999,000
Current Estimated Value
$6,720,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,279,000
Avg. Annual Appreciation
-7.77%

Purchase Details

Closed on
Mar 23, 2015
Sold by
224 Mulberry Property Owner Llc
Bought by
224-5 Mulberry Llc
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
Green Trustee Jason E $10,999,000 --
224-5 Mulberry Llc $10,437,062 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Green Ann L. Wilson $6,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2022 10/16/22 Off Market $10,999,000 -- --
12/20/2021 12/20/21 Sold $10,999,000 0.0% $3,473 / Sq Ft
09/24/2021 09/24/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $10,999,000 -- $3,473 / 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 $66,034 $528,185 $55,337 $472,848
2024 $66,034 $528,184 $100,536 $466,286
2023 $62,784 $511,813 $71,976 $439,837
2022 $57,982 $774,433 $100,536 $673,897
2021 $53,827 $619,549 $100,536 $519,013
2020 $50,115 $665,176 $100,536 $564,640
2019 $50,821 $739,046 $100,536 $638,510
2018 $50,075 $393,702 $42,846 $350,856
2017 $46,366 $364,539 $44,870 $319,669
2016 $43,515 $337,537 $45,820 $291,717
2015 -- $312,535 $100,256 $212,279
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10783622

Real Estate Board of New York (REBNY)

APN: 0494-1306