NOT LISTED FOR SALE

Estimated Value: $701,000 - $731,000

1 Bed
1 Bath
576 Sq Ft
$656/mo HOA Fee

Last Sold June 07, 2023

Last sale price $720,000 $1,250 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,441/month

Highlights

  • Rooftop Deck
  • 4-minute walk to Rector Street (1 Line)
  • Laundry Facilities
  • Battery Park City School Rated A
  • Garage
  • 1-minute walk to West Thames Park

About This Home

As of June 2023

Join the wonderful community at 225 Rector Place in beautiful Battery Park City. This light, bright, perfectly converted one bedroom with views of the Oculus and One World Trade Center has wide-plank hardwood flooring and an updated open kitchen with a breakfast bar. Hidden appliances, an oversized range with hood and quartz countertops complete the sleek, modern look. There are five closets for all of your storage needs and the marble tiled bath is complete with a quartz-topped vanity and extra large medicine cabinet with shelving.

225 Rector offers a myriad of amenities for your enjoyment. This full service, luxury building has a 24 hour concierge and a parking garage which is connected to the building. There is a two-story fitness center, a beautiful indoor pool with a skylight roof and a steam room. In addition, you will find a children's playroom, bike room and a Roofdeck with spectacular views of the New York Harbor.

This Battery Park oasis is conveniently located near the PATH train and the WTC Transport Hub. Great restaurants and shopping at Brookfield Place, as well as easy access to the West Side Highway and FDR Drive make this the perfect location for your new home.

Last Agent to Sell the Property

Joe Rossi

Platinum Properties License #10401350578 Listed on: 02/24/2023

Platinum Properties

Co-Listed By

Heather McVeigh

Coldwell Banker Warburg License #10401313790

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,804

Year Built

  • Built in 1986

Lot Details

  • North Facing Home

HOA Fees

  • $656 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 576 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Listing and Financial Details

  • Legal Lot and Block 7515 / 16

Community Details

Overview

  • Battery Park City Subdivision
  • 23-Story Property

Amenities

  • Rooftop Deck
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,804

Year Built

Built in 1986

Lot Details

0

HOA Fees

$656 per month

Listing Details

  • Cross Street: South End Avenue/Albany Street
  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Battery Park City
  • Entry Level: 11
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 23

Interior Features

  • Living Area: 576.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Building Roof Deck

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common On Floor, Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 656.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 23
  • Year Built: 1986

Tax Info

  • Tax Block: 16
  • Tax Lot: 7515
  • Tax Annual: 9804.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2023
Closed on
Jun 5, 2023
Sold by
Klopfer Alexandra T and Tompkins Alexandra T
Bought by
Xu Xinyuan
Seller's Agent
Joe Rossi
Platinum Properties
List Price
$720,000
Sold Price
$720,000
Total Days on Market
0
Views
53
Current Estimated Value
$713,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,851
Avg. Annual Appreciation
-0.47%
Original Mortgage
$250,000
Outstanding Balance
$244,587
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$468,563

Purchase Details

Closed on
Oct 16, 2012
Sold by
Rdo 225 Rector Place Llc and % The Related Companies
Bought by
Tompkins Alexandra T and Tompkins Colette T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
3.5%
Mortgage Type
New Conventional
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
Xu Xinyuan $730,000 --
Tompkins Alexandra T $539,882 --
Tompkins Alexandra T $539,882 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xu Xinyuan $250,000
Previous Owner Tompkins Alexandra T $428,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2023 06/07/23 Sold $720,000 0.0% $1,250 / Sq Ft
02/24/2023 02/24/23 Pending -- -- --
02/24/2023 02/24/23 For Sale $720,000 -- $1,250 / 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 -- $101,617 $14,337 $87,280
2023 $0 $96,124 $14,337 $81,787
2022 $0 $88,467 $14,337 $74,130
2021 $0 $88,467 $14,337 $74,130
2020 $0 $97,943 $14,337 $83,606
2019 $0 $95,741 $14,337 $81,404
2018 $0 $92,395 $14,336 $78,059
2017 $0 $108,572 $14,336 $94,236
2016 $0 $101,624 $14,337 $87,287
2015 -- $99,528 $14,336 $85,192
2014 -- $88,560 $14,337 $74,223
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10853911

Real Estate Board of New York (REBNY)

APN: 0016-3362