$1,815,000
SOLD MAR 12, 2020
2 Beds
2 Baths
1,145 Sq Ft
$1,351/mo HOA Fee

Recently Sold

$1,585 Per Sq Ft

6% Below List Price

46 Days on Market

Highlights

  • Rooftop Deck
  • 4-minute walk to 1 Avenue
  • 17,441 Sq Ft lot
  • P.S. 110 Florence Nightingale Rated A
  • City View
  • 3-minute walk to Lower East Side Playground

About This Home

As of August 2024

This recently renovated condominium offers unique panoramic views, private outdoor space, and a coveted downtown location. Apartment 11B is a bright and airy two-bedroom with single-pane and floor-to-ceiling windows throughout. The apartment sits perched above its neighbors, affording unobstructed Southern and Western views of The Freedom Tower, Manhattan Bridge, Astor Place, Spire of Grace Church and landmarked blocks of the Central Village.

The apartment features hardwood floors, a flexible floorplan, elegant tile bathrooms and attendant fixtures as well as a large balcony accessible via both the living room and master bedroom. The master bedroom has a large walk-in closet and en-suite bathroom, while the secondary bedroom is also generous in size. The chef's kitchen offers intelligently designed cabinetry, honed granite counter-tops and built-in garbage disposal. Recent renovations installed a top-of-the line appliance package that includes a professional 5-burner Thermador stove and companion microwave, Fisher & Paykel 36-inch refrigerator, and Bosch Dishwasher. Additional conveniences include an in-unit Bosch washer and dryer, and a button you can use to call the elevator from within your home for those times when you're running late!

The New Theater Building at 240 East 10th Street has been one of the neighborhood's top full-service condominiums since it's completion in 2001. Building amenities include a full-time doorman, super, storage for rent, bike racks and common outdoor space. Both the lobby renovation and exterior Local Law 11 work were completed and fully paid for in 2018.

The building is located at the heart of the East Village on charming 10th Street, and is an easy stroll to Astor Place, Greenwich Village, the Lower East Side, the Bowery, Union Square, and Thompkins and Stuyvesant Parks. Public transportation is readily accessible via the nearby L train and multitude of lines at Union Square.

All of this combined with the flexibility of condo ownership and low carrying charges not only make 11B a wonderful home, but also an excellent investment!

Last Agent to Sell the Property

Alexander Novack

Sothebys International Realty License #10301213228 Listed on: 11/13/2019

Sothebys International Realty

Co-Listed By

Sybille Novack

Sothebys International Realty License #30NO0776885

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,148

Year Built

  • Built in 2001

HOA Fees

  • $1,351 Monthly HOA Fees

Interior Spaces

  • 1,145 Sq Ft Home
  • City Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Outdoor Features

  • Balcony

Community Details

Overview

  • 35 Units
  • East Village Subdivision
  • 15-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,148

Year Built

Built in 2001

Lot Details

0

HOA Fees

$1,351 per month

Listing Details

  • Exposures: South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: East Village
  • Entry Level: 11
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 15

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 1145.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Balcony, Building Roof Deck
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1351.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Area: 17441.0
  • Lot Size Dimensions: 97.0 x 92.37

Building Info

  • New Construction: No
  • Units: 35
  • Total Stories: 15
  • Year Built: 2001

Tax Info

  • Tax Block: 0
  • Tax Annual: 14148.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2024
Closed on
Aug 9, 2024
Sold by
Eric Hayes Stephenson Revocable Trust and Eric Hayes Stephenson As Trustee
Bought by
Suhas Alexandra and Suhas Philippe
Seller's Agent
Ryan Garson
Compass
List Price
$2,150,000
Sold Price
$1,960,000
Premium/Discount to List
-$190,000
-8.84%
Views
39
Current Estimated Value
$1,778,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$181,709
Avg. Annual Appreciation
-5.03%

Purchase Details

Closed on
Sep 8, 2020
Sold by
Stephanie Nicole Stephenson Revocable Tr and Stephenson
Bought by
Not Provided

Purchase Details

Listed on
Nov 13, 2019
Closed on
Mar 10, 2020
Sold by
Schwaikert Peter B
Bought by
Stephenson Eric Hayes and Stephenson Stephanie Nicole
Seller's Agent
Alexander Novack
Sothebys International Realty
List Price
$1,925,000
Sold Price
$1,815,000
Premium/Discount to List
-$110,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.53%
Original Mortgage
$450,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2010
Sold by
Wilson Christopher C and Wilson Pamela J
Bought by
Schwaikert Peter B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$974,000
Interest Rate
4.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2002
Sold by
New City Associates Llc
Bought by
Wilson Pamela J and Wilson Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.61%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,960,000 --
Deed -- --
Deed -- --
Deed $1,815,000 --
Deed $1,815,000 --
Deed $1,299,000 --
Deed $1,299,000 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $450,000 New Conventional
Previous Owner $150,000 Unknown
Previous Owner $212,614 No Value Available
Previous Owner $974,000 Purchase Money Mortgage
Previous Owner $378,000 No Value Available
Previous Owner $250,000 No Value Available
Previous Owner $150,000 No Value Available
Previous Owner $300,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2024 08/09/24 Sold $1,960,000 -2.0% $1,712 / Sq Ft
07/12/2024 07/12/24 Pending -- -- --
06/21/2024 06/21/24 Price Changed $1,999,000 -7.0% $1,746 / Sq Ft
06/03/2024 06/03/24 Off Market $2,150,000 -- --
05/30/2024 05/30/24 For Sale $2,150,000 0.0% $1,878 / Sq Ft
04/23/2024 04/23/24 For Sale $2,150,000 +18.5% $1,878 / Sq Ft
04/20/2022 04/20/22 Off Market $1,815,000 -- --
03/12/2020 03/12/20 Sold $1,815,000 -5.7% $1,585 / Sq Ft
12/30/2019 12/30/19 Pending -- -- --
11/13/2019 11/13/19 For Sale $1,925,000 -- $1,681 / 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 $21,391 $170,292 $41,203 $129,089
2024 $21,391 $171,104 $41,203 $129,901
2023 $17,314 $171,079 $41,203 $129,876
2022 $16,875 $167,183 $41,203 $125,980
2021 $19,836 $161,705 $41,203 $120,502
2020 $15,746 $179,028 $41,203 $137,825
2019 $14,145 $175,001 $41,203 $133,798
2018 $15,083 $168,887 $41,203 $127,684
2017 $13,256 $129,700 $41,203 $88,497
2016 $12,540 $112,499 $41,203 $71,296
2015 $7,667 $93,659 $41,203 $52,456
2014 $7,667 $88,188 $41,203 $46,985
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10598065

Real Estate Board of New York (REBNY)

APN: 0451-1128