NOT LISTED FOR SALE

Estimated Value: $2,670,264

4 Beds
4.5 Baths
5,500 Sq Ft
$486/Sq Ft Est. Value

Last Sold June 03, 2021

Last sale price $9,999,999 $1,818 Per Sq Ft

Current estimated payment $26,605/month

577 Days on Market

Highlights

  • Pre War Building
  • 2-minute walk to Spring Street (4,6 Line)
  • Building Terrace
  • P.S. 130 - Hernando De Soto Rated A
  • Terrace
  • 2-minute walk to Lt. Peterosino Square

About This Home

As of June 2021

Originally headquarters for New York Citys police department, the iconic 240 Centre Street, designed by Hoppin & Koen at the turn of the last century is an exceptional architectural landmark. With a spectacular location on the edge of SoHo, Nolita and Little Italy, this highly unique, four-story dome penthouse offers the discerning buyer the opportunity to purchase one of the citys most historically preserved luxury residences, with incredible 360-degree views of the city skyline. Heavily influenced by Parisian and turn-of-the-century architectural styles, this home embodies the perfect balance between elegant living and historic character. Upon entry, the foyer seamlessly connects the original penthouse residence to the newly-joined adjacent residence that serves as a living space for staff or a private family wing, inclusive of a separate kitchen. Identical double skylights and two large windows, providing fabulous light and great downtown views to the main chefs kitchen. Adjacent is a formal dining room with sating walls and etched vintage glass doors, the nearby media room and bar area provide ample space to relax. Two guest bedrooms with en-suite bathrooms, a family room, laundry, and a second kitchen are also on the first level. Ascend the beautiful satin black steel rod spiral staircase or utilize the private elevator to get to the second level to the expansive master suite complete with a bedroom plus sitting area, double-vanity bathroom and a graciously sized walk-in closet. Doors were added to the master bedroom for privacy and the landing area is used as an office space. The third-level, the Dome room, is the pice de rsistance of the residence, with two-levels of endless entertaining opportunities. Massive, arched Palladian windows are complemented by a ceiling height soaring over 25-feet and dramatic panoramic views of city. Two terraces and two garden patios, meticulously landscaped and offering an escape from it all, are accessed directly from the dome living room. The notable feature of this stunning penthouse continues further to the fourth level above the dome living room to the special Clocktower space. The current owners renovation extended the dome entertainment space, which originally was only accessed by clock mechanics. The carefully constructed iron spiral staircase into the clocktower boasts unobstructed views of the original steel beams, exposed brick walls and four gigantic clocks all magically lit with warm lighting, making this penthouse a truly magnificent space to call home. This residence is a fully-wired smart home, including an electronic security surveillance, central cooling/ heating system, radiant-floor heating in all bathrooms and kitchens. Building amenities include a full-time resident manager, concierge, doorman, gym, and a communal garden. This is a co-exclusive listing with Douglas Elliman.

Last Agent to Sell the Property

Adam Modlin

Modlin Group LLC License #49MO0915281 Listed on: 09/27/2019

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1909

Lot Details

  • 0.67

HOA Fees

  • $12,600 Monthly HOA Fees

Home Design

  • 5,500 Sq Ft Home
  • Pre War Building
  • Entry on the 6th floor

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Additional Features

  • Terrace
  • 0.67 Acre Lot

Community Details

Overview

  • 51 Units
  • Little Italy Subdivision
  • 8-Story Property

Amenities

  • Building Terrace
  • Laundry Facilities

Property Details

Home Type

Co-Op

Year Built

Built in 1909

Lot Details

0

HOA Fees

$12,600 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Little Italy
  • Architectural Style: Prewar
  • Entry Level: 6
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 8

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 5500.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathrooms Integer: 5
  • Bedrooms: 4

Exterior Features

  • Patio/Porch Features: Building Terrace, Terrace

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 12600.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Stock Cooperative
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Area: 29375.0
  • Lot Size Dimensions: 396.02 x 101.21

Building Info

  • New Construction: No
  • Units: 51
  • Total Stories: 8
  • Year Built: 1909

Tax Info

  • Tax Block: 0

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2021 06/03/21 Sold $9,999,999 -32.9% $1,818 / Sq Ft
09/27/2019 09/27/19 For Sale $14,900,000 -- $2,709 / 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 -- $5,687,550 $348,750 $5,338,800
2024 -- $5,237,550 $348,750 $4,888,800
2023 $0 $5,899,500 $348,750 $5,550,750
2022 $0 $5,499,900 $348,750 $5,151,150
2021 $0 $5,230,350 $348,750 $4,881,600
2020 $0 $7,667,550 $348,750 $7,318,800
2019 $0 $7,352,100 $348,750 $7,003,350
2018 $0 $7,479,450 $348,750 $7,130,700
2017 $0 $6,812,100 $348,750 $6,463,350
2016 $0 $6,745,950 $348,750 $6,397,200
2015 -- $6,515,100 $348,750 $6,166,350
2014 -- $6,469,200 $348,750 $6,120,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10577760

Real Estate Board of New York (REBNY)

APN: 0472-1001