NOT LISTED FOR SALE

287 E Houston St Unit PHB New York, NY 10002

Lower East Side Neighborhood

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

3 Beds
2.5 Baths
1,959 Sq Ft
$2,218/mo HOA Fee

Last Sold February 25, 2021

Last sale price $4,995,000 $2,550 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $25,060/month

990 Days on Market

Highlights

  • Newly Remodeled
  • Rooftop Deck
  • Terrace
  • P.S. 110 Florence Nightingale Rated A
  • City View
  • 2-minute walk to ABC Playground

About This Home

As of February 2021

Immediate Occupancy. All showings are by appointment. Video and In Person Showings available

Located in Prime Lower East Side, Residence PHB is our final Penthouse. Brilliantly designed, PHB is 1959sf with three bedrooms, 2.5 bathrooms and a 479sf terrace. The home is located on the 10th and 11th floors of the building and has stunning open skyline views North, South and East. Light streams into all rooms. With airy 10? ceilings throughout and located on the 11th floor, the living/dining area faces north and east and offers an expansive space with spectacular NYC Skyline views to entertain and relax. With open southern views, the separate windowed kitchen, with dining bar, is a food lover'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 a vented hood and wine refrigeration. Descend to the 10th floor and find 3 bedrooms and 2 bathrooms. The North facing master bedroom boasts a generous dressing room and ensuite master bath. The windowed master bath is spa-like with a custom double sink vanity, heated floors, walls finished in Bianco Dolimite marble tile and a luxurious, glass enclosed wet room with soaking tub and shower with walls and floor in Gray Danube marble tiles and slab. The second bath is finished with over-sized porcelain tiles for both walls and floors, a custom vanity and soaking tub with shower. The private roof terrace features an outdoor kitchen and is large enough for dining, lounging and sunning! A dramatic, window-lined, open staircase connects all levels. Completing this home are floor to ceiling windows in all rooms, 7? whitewashed oak floors, laundry with sink and full size washer and vented dryer and ample closets.

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.

**" 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. All showings are by appointment.

Last Agent to Sell the Property

Shelley OKeefe

Corcoran Sunshine Marketing Group License #10301203231 Listed on: 04/20/2018

Corcoran Sunshine Marketing Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $37,476

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 4,966

HOA Fees

  • $2,218 Monthly HOA Fees

Home Design

  • Entry on the 11th floor

Interior Spaces

  • 1,959 Sq Ft Home
  • City Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Terrace
  • Central Air

Listing and Financial Details

  • Tax Block 350

Community Details

Overview

  • 27 Units
  • 287/Les Condos
  • Lower East Side Subdivision
  • 11-Story Property

Amenities

  • Rooftop Deck
  • Building Terrace
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$37,476

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$2,218 per month

Listing Details

  • Cross Street: Suffolk Street & Clinton Street
  • Exposures: East,North,South
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: Lower East Side
  • Entry Level: 11
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 11

Interior Features

  • Interior Features: Eat-in Kitchen
  • Appliances: Dryer, Washer
  • Living Area: 1959.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

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

Exterior Features

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

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: 2218.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 100.0 x 50.0

Building Info

  • New Construction: Yes
  • Building Name: 287/LES
  • Units: 27
  • Total Stories: 11
  • Year Built: 2018

Tax Info

  • Tax Block: 350
  • Tax Annual: 37476.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2018
Closed on
Feb 25, 2021
Sold by
287 Les Jv Llc
Bought by
Brown Tice Patrick and Katz Sarah Hobart
Seller's Agent
Shelley OKeefe
Corcoran Sunshine Marketing Group
List Price
$5,700,000
Sold Price
$4,995,000
Premium/Discount to List
-$705,000
-12.37%
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.
Estimated Appreciation
-$1,351,004
Avg. Annual Appreciation
-6.57%
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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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
02/25/2021 02/25/21 Sold $4,995,000 -12.4% $2,550 / Sq Ft
01/01/2021 01/01/21 Pending -- -- --
04/16/2018 04/16/18 For Sale $5,700,000 -- $2,910 / 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: RLS10613494

Real Estate Board of New York (REBNY)

APN: 0350-1427