225 Lafayette St Unit 5B New York, NY 10012
Nolita Neighborhood
2
Beds
2
Baths
1,151
Sq Ft
$1,327/mo
HOA Fee
Highlights
- Newly Remodeled
- 1-minute walk to Spring Street (4,6 Line)
- 1-minute walk to DeSalvio Playground
- P.S. 130 - Hernando De Soto Rated A
- Pre War Building
About This Home
As of July 2015Situated in the trendiest part of downtown Manhattan, this sun-splashed split 2 bed 2 bath apartment is steps from the best shopping and dining New York has to offer. The space is currently set-up as an expansive 1 bedroom 2 bathroom and can easily be a 2 bedroom as seen in the attached floor plan by simply putting the wall back up between the master and the living room. The loft-like apartment truly epitomizes downtown living.
Renovated into condos in 2004 by architectural firm Tsao & McKown, The Spring's design marries historic elegance with modern day luxury living. A 1924 Beaux Arts former bank building designed by famed architect Gilbert Cass, this 15 story, 38 unit building is truly one of a kind. Boasting open western city views through oversized tilt and turn windows the unit is filled with light, architectural details and high quality finishes. A spacious open plan kitchen is fitted with top of the line European appliances, beautiful Brazilian cherry floors run throughout and spa-like marble bathrooms are fitted with Kohler soaking tubs and Dornbracht fixtures. Abundant storage options from custom cabinetry, numerous closets, including 2 walk-in, are all fitted with California Closet systems and there is also a separate owner's storage locker.
Other amenities include in unit washer/dryer, 24 hour doorman and fully furnished roof deck with stunning panoramic views of the New York City skyline.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $11,508
Year Built
- Built in 1926 | Newly Remodeled
HOA Fees
- $1,327 Monthly HOA Fees
Home Design
- 1,151 Sq Ft Home
- Pre War Building
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Utilities
- No Cooling
Community Details
- Spring Condos
- Soho Subdivision
- 12-Story Property
Listing and Financial Details
- Tax Block 481
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 1, 2015
Sold by
Zapata Carlos
Bought by
225 Lafayette 5-B Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,694,000
Outstanding Balance
$1,343,228
Interest Rate
3.95%
Estimated Equity
$1,100,864
Purchase Details
Listed on
May 12, 2015
Closed on
Sep 24, 2015
Sold by
Ulrich Benner A
Bought by
Zapata Carlos
Seller's Agent
Holly Parker
Compass
List Price
$2,195,000
Sold Price
$2,420,000
Premium/Discount to List
$225,000
10.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.10%
Original Mortgage
$1,694,000
Outstanding Balance
$1,343,228
Interest Rate
3.95%
Estimated Equity
$1,100,864
Purchase Details
Closed on
Jan 25, 2005
Sold by
60 Spring Street Llc
Bought by
Ulrich Benner A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | $2,420,000 | -- | |
| Deed | $1,074,254 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $250,000 | Unknown | |
| Open | $1,694,000 | No Value Available | |
| Previous Owner | $780,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/18/2024 09/18/24 | For Sale | $2,399,999 | -0.8% | $2,044 / Sq Ft |
| 07/29/2015 07/29/15 | Sold | $2,420,000 | +10.3% | $2,103 / Sq Ft |
| 06/29/2015 06/29/15 | Pending | -- | -- | -- |
| 05/13/2015 05/13/15 | For Sale | $2,195,000 | -- | $1,907 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
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 | $18,013 | $145,085 | $17,507 | $127,578 |
| 2024 | $18,013 | $144,077 | $17,507 | $126,570 |
| 2023 | $17,432 | $142,108 | $17,507 | $124,601 |
| 2022 | $16,447 | $156,084 | $17,507 | $138,577 |
| 2021 | $16,187 | $131,958 | $17,507 | $114,451 |
| 2020 | $16,762 | $146,156 | $17,507 | $128,649 |
| 2019 | $15,794 | $142,868 | $17,507 | $125,361 |
| 2018 | $14,612 | $137,875 | $17,508 | $120,367 |
| 2017 | $13,520 | $130,511 | $17,507 | $113,004 |
| 2016 | $12,631 | $113,774 | $17,507 | $96,267 |
| 2015 | $8,664 | $99,512 | $17,508 | $82,004 |
| 2014 | $8,664 | $90,234 | $17,508 | $72,726 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Michael Soheil
Corcoran Group
(917) 573-7273
20 Total Sales
-
Seller's Agent in 2015
Holly Parker
Compass
(917) 587-7288
126 Total Sales
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10078474
APN: 0481-1109
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