NOT LISTED FOR SALE

Estimated Value: $2,656,000 - $2,910,000

2 Beds
2.5 Baths
1,537 Sq Ft
$2,866/mo HOA Fee

Last Sold December 10, 2021

Last sale price $2,750,000 $1,789 Per Sq Ft

Current estimated payment $20,744/month

27 Days on Market

Highlights

  • New Construction
  • 2-minute walk to Broadway-Nassau Street
  • Juliet Balcony
  • P.S. 397 Spruce Street School Rated A
  • City View
  • 2-minute walk to City Hall Park

About This Home

As of December 2021

25 Park Row is pleased to welcome you back and is now available for private in-person appointments with new health and safety standards.

Please contact the sales team for a virtual first appointment and in-person follow up appointments.

Immediate Occupancy

At 1,537 SF, this spacious two bedroom, two-and-a-half bath residence offers sweeping views of historic City Hall Park and bright southeast bedroom exposures. Fine finishes include wide plank Italian oak flooring, 9? decorative mouldings, and oversized casement windows accented with Juliet balconies. The open kitchen offers a cantilevered island featuring custom cabinetry and shelving with an overhang for seating in a choice of either walnut or white lacquer finish packages with Calacatta Gold marble countertops and backsplash. A Miele refrigerator/freezer, dishwasher and U-line wine refrigerator are concealed behind custom paneling. A four-burner Miele gas cooktop with vented hood, speed oven, and full size oven complete the range of appliances. A washer and dryer provide added convenience.

The master suite includes a generous walk-in closet and an en-suite five-fixture bath finished with a Calacatta Gold marble vanity top and wainscoting. Other features include a European white oak custom vanity, Kallista polished nickel fixtures, and radiant floor heating.

The elegantly-appointed Park Row Club, overlooking City Hall Park, includes a gracious reading room, a library with a fireplace, a dining room, a golf simulator, a billiards room, a 65? swimming pool, a fitness center with a yoga and meditation studio, a spa treatment room, a playroom suite, the Garden and Dining Terrace with a great lawn, trellised dining, an outdoor living room, and an outdoor playscape, Parking is available for purchase with a discreet Theatre Alley entrance.

Photos are of a representative unit.

Last Agent to Sell the Property

25 Park Row Sales Gallery

Corcoran Sunshine Marketing Group License #Z Listed on: 09/07/2021

Corcoran Sunshine Marketing Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $22,944

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 0.41

HOA Fees

  • $2,866 Monthly HOA Fees

Interior Spaces

  • 1,537 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Juliet Balcony
  • Central Air

Listing and Financial Details

  • Tax Block 90

Community Details

Overview

  • 110 Units
  • 25 Park Row Condos
  • Financial District Subdivision
  • 49-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$22,944

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$2,866 per month

Listing Details

  • Cross Street: BEND and BEEKMAN STREET
  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Financial District
  • Entry Level: 14
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 49

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 1537.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 2

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Juliet Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2866.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Building Name: 25 Park Row
  • Units: 110
  • Total Stories: 49
  • Year Built: 2019

Tax Info

  • Tax Block: 90
  • Tax Annual: 22944.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2021
Closed on
Dec 10, 2021
Sold by
Park Row 23 Owners Llc
Bought by
Chand Bahar Gidwani As Trustee and Raghunath Santhanam As Trustee
Seller's Agent
25 Park Row Sales Gallery
Corcoran Sunshine Marketing Group
List Price
$2,890,000
Sold Price
$2,750,000
Premium/Discount to List
-$140,000
-4.84%
Current Estimated Value
$2,736,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,482
Avg. Annual Appreciation
3.47%
Original Mortgage
$2,062,500
Outstanding Balance
$1,907,171
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,211,186
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
Chand Bahar Gidwani As Trustee $2,750,000 --
Chand Bahar Gidwani As Trustee $2,750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chand Bahar Gidwani As Trustee $2,062,500
Closed Chand Bahar Gidwani As Trustee $2,062,500
Previous Owner Park Row 23 Owners Llc $139,425,703
Previous Owner Bank Ozk $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2021 12/10/21 Sold $2,750,000 -4.8% $1,789 / Sq Ft
10/05/2021 10/05/21 Pending -- -- --
09/07/2021 09/07/21 For Sale $2,890,000 -- $1,880 / 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 $35,602 $289,050 $18,901 $270,149
2024 $35,602 $284,769 $18,901 $265,868
2023 $36,108 $294,348 $18,900 $275,448
2022 $34,601 $285,289 $18,901 $266,388
2021 $34,386 $285,289 $18,901 $266,388
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10740126

Real Estate Board of New York (REBNY)

APN: 0090-1340