$900,000
SOLD JAN 4, 2023
1 Bed
1 Bath
721 Sq Ft
$770/mo HOA Fee

Recently Sold

$1,248 Per Sq Ft

1% Below List Price

2 Days on Market

Highlights

  • Newly Remodeled
  • 1-minute walk to Broad Street
  • West Facing Home
  • P.S. 343 The Peck Slip School Rated A
  • Pre War Building
  • 2-minute walk to Queen Elizabeth II Garden

About This Home

As of January 2023

IMMEDIATE OCCUPANCY.



Welcome to the Broad Exchange Building, where the timeless grandeur of New York's storied past meets spacious, sophisticated, and modern residences that are ideal for contemporary living.



Residence 8G is a quiet, one-bedroom, one-bath home, with a spacious living and dining area that faces Broad Street, a historic cobblestoned pedestrian street. The gathering space incorporates an inviting, open kitchen with paneled Poliform cabinetry, stainless steel appliances from Bosch, Miele, and Liebherr, Caesarstone countertops, and a Lazza crystalized breakfast bar, in addition to an in-residence washer and dryer. The primary bedroom comfortably fits a king-sized bed and has a large walk-in closet. The en-suite primary bathroom features a double sink and dual entry from the bedroom and foyer, with Waterworks crystal fittings, polished black marble countertops, Italian glass tiles, a built-in mirror and medicine cabinet, and a deep soaking tub.



Built in 1902 in the Italian Renaissance Style, The Broad Exchange Building includes twenty stories of one- and two-bedroom condominium residences, and welcomes you with an historic double-height marble lobby that was recently restored to highlight original plaster ceiling detailing and sweeping double staircases that impart a sense of the elegance to the everyday.



This imposing space is the gateway to more than 8,000 square feet of amenities, including:

Expansive rooftop terrace with outdoor kitchen and grilling stations

Spacious residents' lounge that is ideal for co-working or entertaining

Private event suite with a catering kitchen

Imaginative indoor and outdoor children's play area

Pet grooming spa

State-of-the-art fitness center with yoga and movement studio

3D multi-sport and golf simulator



The Broad Exchange Building offers a reprieve in the middle of Manhattan, flanked by Exchange Place and Broad Street, both cobblestoned and historic pedestrian streets that provide a quiet and tranquil atmosphere for residents in the building.



Located in the heart of the Financial District, the Broad Exchange Building sits steps from the best of New York City - including the bustling cobblestone streets and chic boutiques of the South Street Seaport District, the high-end shopping of Brookfield Place, the pastoral lawns and stately trees of Battery Park, and the iconic architecture and intoxicating energy of the Oculus. The neighboring Fulton Street transportation hub provides quick and convenient access to the MTA 1/2/3/4/5/A/C/E/J/M/Z/W/R trains, while nearby ferry lines provide picturesque passage to parts of Manhattan, Brooklyn, Governors Island, New Jersey and Staten Island. The Broad Exchange Building is moments away to the bustling neighborhoods of Tribeca and SoHo. Coming soon to the Financial District is a Whole Foods and a Lifetime Fitness, adding even more convenience to this already opportune area.



The complete offering terms are in an Offering Plan available from the Sponsor. File No. CD18-0154. Equal Housing Opportunity.

Last Agent to Sell the Property

The Broad Exchange Building Sales Office

Corcoran Sunshine Marketing Group Listed on: 10/23/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,068

Year Built

  • Built in 1897 | Newly Remodeled

Lot Details

  • West Facing Home

HOA Fees

  • $770 Monthly HOA Fees

Home Design

  • 721 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Community Details

  • 308 Units
  • The Broad Exchange Condos
  • Financial District Subdivision
  • 23-Story Property

Listing and Financial Details

  • Tax Block 00025

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,068

Year Built

Built in 1897 | Newly Remodeled

Lot Details

0

HOA Fees

$770 per month

Listing Details

  • Cross Street: EXCHANGE PLACE and BEAVER STREET
  • Exposures: West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Financial District
  • Architectural Style: Prewar
  • Entry Level: 8
  • ResoPropertyType: Residential
  • Special Features: 4098
  • Property Sub Type: Condos
  • Stories: 23

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 721.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 770.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Building Name: THE BROAD EXCHANGE
  • Units: 308
  • Total Stories: 23
  • Year Built: 1897

Tax Info

  • Tax Block: 00025
  • Tax Annual: 13068.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
May 2, 2024
Sold by
Bhatia Malvinder and Bhatia Ravi
Bought by
Broad Street Condo Corp
Seller's Agent
Debra Pendleton
Brown Harris Stevens Residential Sales LLC
Sold Price
$4,500
Total Days on Market
2
Views
5
Current Estimated Value
$901,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$896,861

Purchase Details

Listed on
Oct 23, 2022
Closed on
Jan 4, 2023
Sold by
25 Broad Street L/Cal Llc
Bought by
Bhatia Malvinder and Bhatia Ravi
Seller's Agent
The Broad Exchange Building Sales Office
Corcoran Sunshine Marketing Group
List Price
$910,000
Sold Price
$900,000
Premium/Discount to List
-$10,000
-1.1%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.06%
Original Mortgage
$720,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Deed -- --
Deed -- --
Deed $900,000 --
Deed $900,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $720,000 Purchase Money Mortgage
Previous Owner $0 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2024 05/14/24 Rented $4,500 0.0% --
04/27/2024 04/27/24 Off Market $4,500 -- --
04/23/2024 04/23/24 Price Changed $4,500 -3.2% $6 / Sq Ft
02/29/2024 02/29/24 For Rent $4,650 0.0% --
01/04/2023 01/04/23 Sold $900,000 -1.1% $1,248 / Sq Ft
10/26/2022 10/26/22 Pending -- -- --
10/23/2022 10/23/22 For Sale $910,000 -- $1,262 / 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 $13,575 $113,276 $11,941 $101,335
2024 $13,575 $108,581 $11,941 $96,641
2023 $13,220 $107,770 $11,948 $95,822
2022 $13,063 $112,398 $11,941 $100,457
2021 $12,795 $104,303 $11,941 $92,362
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10817835

Real Estate Board of New York (REBNY)

APN: 0025-1091