NOT LISTED FOR SALE

Estimated Value: $772,235 - $909,000

1 Bed
1 Bath
682 Sq Ft
$776/mo HOA Fee

Last Sold October 26, 2018

Last sale price $950,000 $1,393 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $5,354/month

165 Days on Market

Highlights

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

About This Home

As of October 2018

STATUE OF LIBERTY HUDSON RIVER VIEWS. Don't miss your chance to live in this beautiful full service Battery Park condominium unit conveniently located at 225 Rector Place. The interiors and finishes were done by celebrated designer Clodagh, and include oak plank floors, an open island kitchen with Sub-Zero refrigerator and silk stone-tiled bathroom with a deep soaking tub. Lots of closet space. Enjoy great quality of life between the building's luxurious amenities and your proximity to Battery Park itself. Amenities include a state-of-the-art fitness center and gorgeous 40' indoor pool with skylights, spacious common roof deck with barbeque grill, entertainment lounges and playroom. Supermarkets and neighborhood conveniences right around the corner and easy transportation access. 225 Rector Place in Battery Park City is one of the best places to live if you want to get away from the crowded busy city, without leaving the city - truly the best of both worlds.

Last Agent to Sell the Property

Margaret Wu

Compass License #10401289815 Listed on: 04/13/2018

Compass

Co-Listed By

Jing Nimchuk

Compass License #10301212479

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,283

Year Built

  • Built in 1985

HOA Fees

  • $776 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 682 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Listing and Financial Details

  • Tax Block 16

Community Details

Overview

  • 285 Units
  • 225 Rector Place Condos
  • Battery Park City Subdivision
  • 23-Story Property

Amenities

  • Rooftop Deck
  • Community Garden
  • Building Terrace
  • Courtyard
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,283

Year Built

Built in 1985

Lot Details

0

HOA Fees

$776 per month

Listing Details

  • Cross Street: PEDESTRIAN OVERPASS and SOUTH END AVENUE
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Battery Park City
  • Entry Level: 22
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 23

Interior Features

  • Living Area: 682.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Courtyard, Building Garden, Building Roof Deck
  • Patio/Porch Features: Building Terrace

Garage/Parking

  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 776.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 221.0 x 213.0

Building Info

  • New Construction: No
  • Building Name: 225 Rector Place
  • Units: 285
  • Total Stories: 23
  • Year Built: 1985

Tax Info

  • Tax Block: 16
  • Tax Annual: 12283.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2018
Closed on
Oct 26, 2018
Sold by
Ji Andrew Qinlong and Jin Xi
Bought by
Fang Shiyang
Seller's Agent
Margaret Wu
Compass
List Price
$950,000
Sold Price
$950,000
Current Estimated Value
$846,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$103,191
Avg. Annual Appreciation
-1.78%
Original Mortgage
$454,000
Outstanding Balance
$399,965
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$439,810

Purchase Details

Closed on
Mar 7, 2013
Sold by
Rdo 225 Rector Place Llc
Bought by
Ji Andrew Qinlong and Jin Xi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,000
Interest Rate
3.57%
Mortgage Type
New Conventional
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
Fang Shiyang $905,890 --
Ji Andrew Qinlong $763,688 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Battery Park City Authority $0
Open Fang Shiyang $7,381
Closed Fang Shiyang $5,563
Closed Battery Park City Authority $0
Open Fang Shiyang $454,000
Previous Owner Ji Andrew Qinlong $499,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2018 10/26/18 Sold $950,000 0.0% $1,393 / Sq Ft
09/26/2018 09/26/18 Pending -- -- --
04/13/2018 04/13/18 For Sale $950,000 -- $1,393 / 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 -- $123,766 $16,976 $106,790
2024 -- $120,326 $16,976 $103,350
2023 $0 $113,821 $16,976 $96,845
2022 $0 $104,754 $16,976 $87,778
2021 $0 $104,754 $16,976 $87,778
2020 $0 $115,976 $16,976 $99,000
2019 $0 $113,368 $16,976 $96,392
2018 $0 $109,407 $16,976 $92,431
2017 $0 $128,562 $16,976 $111,586
2016 $0 $120,335 $16,976 $103,359
2015 -- $117,853 $16,976 $100,877
2014 -- $104,866 $16,976 $87,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10438487

Real Estate Board of New York (REBNY)

APN: 0016-3483