NOT LISTED FOR SALE

225 Lafayette St Unit 8C New York, NY 10012

Nolita Neighborhood

Estimated Value: $2,867,000 - $3,248,000

2 Beds
3 Baths
1,547 Sq Ft
$1,981/Sq Ft Est. Value

About This Home

Beautifully Renovated 2 Bed/2.5 Bath Corner-Exposure Loft In Soho

Flexible Lease Start Date: Anytime Between 6/30 and 7/14

NO PETS. NO SMOKING.

There are one-time condo fees associated with this listing payable by the tenant totaling approx. $1,598/1 person and $1,703/2 people.

Situated at the nexus of Soho and Nolita, this stunning north-west corner-exposure 2 Bedroom Loft is bathed in beautiful light and offers lovely architectural views of Soho through large tilt-and-turn picture windows. Overlooking both Lafayette Street and Spring Street, the property features a gracious entry foyer that precedes a large 27' 20' open-plan corner living room with an articulated beamed ceiling and a separate area for dining. The spectacular, renovated open kitchen was designed for those who like to cook & entertain and has been finished with white lacquer cabinetry, Ceasarstone countertops, Sub-Zero, Bosch and Miele appliances and undermount task lighting.

The large, private primary bedroom suite with views of Nolita measures 19' 11.5', features an enormous customized closet and a renovated en-suite bathroom appointed with a marble-clad soaking tub, an oversized glass stall shower, a modern white lacquer vanity and a Robern medicine cabinet. Separated by a wide hallway, the second bedroom faces north with views of Soho and has a renovated en-suite bath with matching finishes.

Additional features of the home include a renovated powder room, a large, customized closet off the front foyer, a large utility closet/laundry room with a washer/dryer, gorgeous refinished hardwood floors and central heat & air conditioning.

225 Lafayette Street is a spectacular example of Beaux-Arts architecture having been built in 1923 by Cass Gilbert, the celebrated architect who designed The Woolworth Building and the New York Life Insurance Building. Formerly home to the Italian Savings Bank, 225 Lafayette was converted in 2004 to a highly-regarded 12-story, 41-unit condominium with a full-time doorman, full-time superintendent and a landscaped common roof deck with spectacular views. With incredible restaurants, countless shopping options, great transportation and Equinox just two blocks away, residents of 225 Lafayette Street enjoy the absolute best that downtown has to offer.

All material presented herein is intended for information purposes only. While this information is believed to be correct, it is represented subject to errors, omissions, changes or withdrawal without notice. All property information, including, but not limited to square footage, room count, number of bedrooms and the school district in property listings should be verified by your own attorney, architect or zoning expert. All square footage and dimensions are approximate. Exact dimensions can be obtained by retaining the services of a professional architect or engineer. No representation is made as to the accuracy thereof, and such information is subject to errors, omission and change of price, rental, commission, prior sale, leasing, or withdrawal without notice.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2017
Sold by
Skyler Edward and Skyler Edward G
Bought by
Huang Jane and Tan Dun
Current Estimated Value
$3,065,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,476
Outstanding Balance
$8,870
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,056,400

Purchase Details

Closed on
May 25, 2012
Sold by
Fromer Michal and Mufson Michal
Bought by
Skyler Edward G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 2006
Sold by
Mello John and Mello Regina
Bought by
Fromer Michal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2005
Sold by
60 Spring Street Llc
Bought by
Mello John and Mello Regina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$830,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

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
Huang Jane $3,212,127 --
Skyler Edward G $2,400,000 --
Fromer Michal $2,050,000 --
Mello John $1,578,288 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Jane $10,476
Previous Owner Skyler Edward G $700,000
Previous Owner Fromer Michal $1,100,000
Previous Owner Mello John $830,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2023 06/14/23 Rented $12,000 0.0% --
05/21/2023 05/21/23 Price Changed $12,000 +4.3% $8 / Sq Ft
05/21/2023 05/21/23 Under Contract -- -- --
05/09/2023 05/09/23 For Rent $11,500 +17.9% --
04/20/2022 04/20/22 Off Market $9,750 -- --
07/06/2021 07/06/21 For Rent $10,000 +2.6% --
07/06/2021 07/06/21 Rented -- -- --
12/07/2018 12/07/18 Rented -- -- --
12/07/2018 12/07/18 Rented $9,750 -2.5% --
11/07/2018 11/07/18 Under Contract -- -- --
10/02/2018 10/02/18 For Rent $10,000 -- --

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 $25,959 $207,640 $25,227 $182,413
2023 $25,123 $204,801 $25,227 $179,574
2022 $23,703 $224,943 $25,227 $199,716
2021 $23,328 $190,172 $25,227 $164,945
2020 $24,157 $210,634 $25,227 $185,407
2019 $22,762 $205,896 $25,227 $180,669
2018 $21,058 $198,700 $25,227 $173,473
2017 $19,485 $188,087 $25,227 $162,860
2016 $18,204 $163,966 $25,227 $138,739
2015 $12,486 $143,411 $25,227 $118,184
2014 $12,486 $130,044 $25,227 $104,817
Source: Public Records

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