NOT LISTED FOR SALE

Estimated Value: $3,781,000 - $4,604,000

3 Beds
2.5 Baths
2,022 Sq Ft
2021 Built

Last Sold June 30, 2021

Last sale price $3,950,000 $1,954 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $25,076/month

804 Days on Market

Highlights

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

About This Home

As of June 2021

Residence 4 of this distinctive limited-edition condominium located in the Bowery Historic District offers no common charges for the first year. The keyed elevator opens to an expansive 2,022 square feet and features three bedrooms, two and a half bathrooms, a generous living room, an additional sitting/dining room, and a large sun flooded private balcony. Expansive European Aluprof windows with UV protection and sound proofing enhance the tranquility of this floor through home. Stunning 11" wide European white oak floors accentuate the custom designed aluminum clad kitchens that feature honed quartzite countertops and backsplash, oversized fireclay sinks with Dornbracht fixtures, and a top-of-the-line Gaggenau and PITT Cooking appliance package.


In the master suite, a quiet sanctuary offers access to the balcony via floor to ceiling glass doors that flood the space with light. The master bath is finished with large format honed silver shadow blue marble tile, custom prime European white oak cabinetry with Calacatta marble countertops and Dornbracht fixtures throughout. A glass enclosed wet room offers a steam shower with a Calacatta marble shower bench. Secondary bathrooms offer large format concrete tiled floors, and Calacatta Prima marble tiled walls, vanity top, tub deck and apron.


Designed by Morris Adjmi Architects, the building is swathed in beautiful architectural masonry designed in tune with the creative spirit of the neighborhood and offers a sanctuary above the hustle and bustle.


260 Bowery is situated where four of the oldest and most authentic downtown neighborhoods fuse. In a community as electric and eclectic as the Bowery district, life is immersed in traditional New York landmarks like the Bowery Ballroom, cultural icons such as the SANAA-designed New Museum, shopping destinations and world-class dining. Residents will enjoy a virtual doorman, bike room, and the phenomenal shared roof terrace with grill and spectacular city views. Storage is available for purchase. In lieu of a tax abatement the sponsor is offering a rebate on the common charges phasing out over the course of 10 years, schedule available upon request. The complete offering terms are in an offering plan available from Sponsor File No. CD17-0060.


Last Agent to Sell the Property

Raphael DeNiro

Douglas Elliman Real Estate License #30DE1040565 Listed on: 04/16/2019

Douglas Elliman Real Estate

Co-Listed By

Danielle Sevier

Compass License #30SE1018501

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $35,328

Year Built

  • Built in 2021 | New Construction

Home Design

  • Pre War Building
  • Entry on the 4th floor

Interior Spaces

  • 2,022 Sq Ft Home
  • New Windows
  • City Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Balcony
  • No Cooling

Community Details

  • No Home Owners Association
  • Italchin Subdivision
  • 8-Story Property

Listing and Financial Details

  • Tax Block 507

Property Details

Home Type

Condominium

Est. Annual Taxes

$35,328

Year Built

Built in 2021 | New Construction

Lot Details

0

Listing Details

  • Cross Street: E Houston & Prince St
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: ITALCHIN
  • Architectural Style: Prewar
  • Entry Level: 4
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 2022.0
  • Living Area Units: Square Feet
  • Window Features: New Windows

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: No

Condo/Co-op/Association

  • Association: No
  • Common Interest: Condominium

Building Info

  • New Construction: Yes
  • Total Stories: 8
  • Year Built: 2021

Tax Info

  • Tax Block: 507
  • Tax Annual: 35328.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2019
Closed on
Jun 30, 2021
Sold by
Bowery 260 Owner Llc
Bought by
Patel Kalplesh Narsinhbhai
Seller's Agent
Raphael DeNiro
Douglas Elliman Real Estate
List Price
$4,750,000
Sold Price
$3,950,000
Premium/Discount to List
-$800,000
-16.84%
Current Estimated Value
$4,079,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,749
Avg. Annual Appreciation
0.73%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Patel Kalplesh Narsinhbhai $3,496,068 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2021 06/30/21 Sold $3,950,000 0.0% $1,954 / Sq Ft
08/26/2019 08/26/19 Off Market $3,950,000 -- --
04/17/2019 04/17/19 For Sale $4,750,000 -- $2,349 / 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 $44,148 $373,574 $67,901 $305,673
2024 $44,148 $353,126 $112,224 $276,105
2023 $43,318 $353,126 $92,425 $260,701
2022 $41,931 $427,482 $112,224 $315,258
2021 $29,322 $342,920 $112,224 $230,696
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10609337

Real Estate Board of New York (REBNY)

APN: 0507-1204