NOT LISTED FOR SALE

287 E Houston St Unit PHA New York, NY 10002

Lower East Side Neighborhood

Estimated Value: $2,708,000 - $4,536,000

2 Beds
2 Baths
1,193 Sq Ft
$1,187/mo HOA Fee

Last Sold March 10, 2022

Last sale price $2,469,256 $2,070 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $24,048/month

648 Days on Market

Highlights

  • New Construction
  • Terrace
  • 2-minute walk to ABC Playground
  • P.S. 110 Florence Nightingale Rated A

About This Home

As of March 2022

Immediate Occupancy. All showings are by appointment.

VIEWS, VIEWS, VIEWS!!!



Upon entering the windowed foyer one is introduced to the brilliant light filling PHA. With airy 10? ceilings, the living/dining area faces north and west and offers a comfortable space with spectacular views to entertain and relax. The open kitchen, with island, is a cook?s delight and features Alta custom Italian cabinetry topped with honed Carrara marble counters and slab backsplash and a full complement of Miele appliances including wine refrigeration. The sun flooded, south facing master bedroom boasts a generous windowed walk in closet and ensuite master bath. The windowed master bath is spa-like with a custom double sink vanity, heated floor, walls finished in Bianco Dolimite marble tile and a luxurious, glass enclosed wet room with deep soaking tub and shower with walls and floor in Gray Danube marble tiles and slab. The second bath is finished with oversized porcelain tiles for both walls and floors, heated floor, a custom vanity and Kohler tub with shower. Completing this home are 7? whitewashed oak floors, a Miele washer and dryer and ample closets. Photos are not necessarily of the subject apartment but represent finishes used throughout the building.



Building amenities include a part-time doorman with virtual doorman technology, a fitness center, a landscaped common roof terrace with outdoor kitchen, bike storage, supplemental laundry and private storage (for purchase).



Located on East Houston Street between Clinton and Suffolk streets, 287 East Houston is situated in the heart of the Lower East Side and is convenient to the best shopping, restaurants, galleries and nightlife. Public transportation is nearby with the F,M, J, Z, B and D subways all easily accessible. Occupancy is anticipated for early 2018. (The monthly common charges stated reflect a 3-year subsidy paid by the sponsor.)



" The monthly common charges stated reflect a 3-year subsidy paid by the sponsor. The complete offering



terms are in an offering plan available from the sponsor. File No CD15-0389. Sponsor: 287 LES JV, LLC, 535 Madison Avenue, 37th Fl, NY, NY 10022

Last Agent to Sell the Property

Shelley OKeefe

Corcoran Sunshine Marketing Group License #10301203231 Listed on: 01/30/2020

Corcoran Sunshine Marketing Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,840

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 4,966

HOA Fees

  • $1,187 Monthly HOA Fees

Home Design

  • 1,193 Sq Ft Home
  • Entry on the 11th floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Terrace

Community Details

  • 27 Units
  • Lower East Side Subdivision
  • 11-Story Property

Listing and Financial Details

  • Tax Block 00350

Property Details

Home Type

Condominium

Est. Annual Taxes

$21,840

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$1,187 per month

Listing Details

  • Exposures: North,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Lower East Side
  • Entry Level: 11
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 11

Interior Features

  • Living Area: 1193.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Exterior Features

  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1187.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Units: 27
  • Total Stories: 11
  • Year Built: 2019

Tax Info

  • Tax Block: 00350
  • Tax Annual: 21840.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2021
Sold by
287 Les Jv Llc
Bought by
Brown Tice Patrick and Katz Sarah Hobart
Current Estimated Value
$3,643,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,318,692
Outstanding Balance
$2,974,972
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$669,024

Purchase Details

Closed on
Nov 21, 2014
Sold by
Welles Halsted S
Bought by
287 Les Jv Llc
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
Brown Tice Patrick $4,148,365 --
287 Les Jv Llc $15,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Tice Patrick $3,318,692
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2022 06/28/22 Off Market $2,469,256 -- --
03/10/2022 03/10/22 Sold $2,469,256 -16.3% $2,070 / Sq Ft
01/30/2020 01/30/20 For Sale $2,950,000 -- $2,473 / 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 $42,278 $373,444 $93,313 $280,131
2024 $42,278 $338,173 $93,313 $244,860
2023 $46,401 $378,258 $93,313 $284,945
2022 $28,632 $353,155 $93,313 $259,842
2021 $40,838 $353,155 $93,313 $259,842
2020 $25,048 $390,996 $93,313 $297,683
2019 $7,844 $222,921 $93,313 $129,608
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10778593

Real Estate Board of New York (REBNY)

APN: 0350-1427