NOT LISTED FOR SALE

Estimated Value: $2,296,531 - $7,153,000

3 Beds
4 Baths
1,094 Sq Ft
$5,300/mo HOA Fee

Last Sold September 30, 2022

Last sale price $18,210,000 $16,645 Per Sq Ft

Current estimated payment $30,150/month

36 Days on Market

Highlights

  • Pre War Building
  • 4-minute walk to 8 Avenue-14 Street
  • 1-minute walk to Abingdon Square Park
  • P.S. 41 Greenwich Village Rated A

About This Home

As of September 2022

We are presenting you a once-in-a-generation opportunity to own the penthouse in the iconic 299 West 12th Street.

Built-in 1930 by the legendary Bing and Bing brothers, and penned by their favorite architect Emery Roth, 299 West 12th street is one of only two collaborations they did downtown. Like all the building of this legendary team, it was an instant hit and over the years has been home to many celebrities. When it was converted into a condo in 1986, the sponsor, deciding PHA was the best unit in the building held onto it for himself. In 1990, he finally sold it to the current owner who has maintained and cherished it for over 36 years. Over the years, several changes have been made to make the apartment more suitable for the current owner, but careful attention was paid to never diminish or take away from the awe-inspiring uniqueness of the home.

PHA has nearly 3,000sf interior space, along with 1,950 square feet of outdoor terrace delight across two floors. Impressive on their own, what makes this Penthouse so unique is the interconnectivity between those two, ending up with nearly 5,000 livable square feet. On the lower floor of the penthouse, the terrace wraps around the apartment, granting direct easy access to usable exterior space from every significant room. And because 299 west 12th street is the highest building in the West Village, north of canal street its views from this terrace are simply outstanding. A major drawback to most wrap-around terraces is that they are often too narrow to be practical. Thankfully the terrace on the lower floor of PHA also has a large wider area that is perfect for outdoor activities Like dining, lounging, or bocce ball.

This multi-purpose area also has the added benefit of being very protected by a wide building wall on the east side, this enables it to remain very practical throughout the year, yet leaves the views of the Hudson River, West Village, FiDi, Meatpacking District, and even Hudson Yards uninterrupted. You have simply never seen a vantage point quite Like this one. The interior space on this level is currently arranged into 4 major spaces, the study, living room, formal dining room, and the kitchen/breakfast room, along with 1.5 bathrooms. The ceiling height on this floor is 10ft, and every room on this floor has windows (including the bathrooms) with spectacular views of the terrace and the vistas beyond. Every spot on this floor has views, even the entry foyer. However, I would Like to draw special attention to the kitchen and the living rooms, as their connectivity with the terraces through French doors, and their views are honestly spellbinding.

Completing the feeling of enchantment on this floor, there is an oversized solarium that functions as a gateway between the living room and the main part of the terrace. Currently used as an office, it is easy to see that such a structure, regardless of how attractive, would never again be allowed to be constructed on top of such an iconic building. The upper floor, with its 14ft ceilings is almost entirely taken up by a "great" room (in every sense of the word). Part of what makes it so great is the oversized fireplace, flanked by large windows looking south, and when looking out of those windows is easy to imagine, in 1930 you could see the statue of liberty from here. There also is a full bathroom, and a bedroom, on this floor, but it is easy to see that someone would reimagine this space for more contemporary use. This reimagination will almost certainly be focused on this floor's terrace.At 750sf the terrace of this floor is even better than the lower floor, as it combines practicality and the entire 270-degree panoramic views of the lower floor, but from one single vantage pointthere is not a bad seat on this terrace or this home for that matter.

Last Agent to Sell the Property

Frans Preidel

Brown Harris Stevens Residential Sales LLC License #10301209927 Listed on: 06/21/2022

Brown Harris Stevens Residential Sales LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $22,848

Year Built

  • Built in 1929

HOA Fees

  • $5,300 Monthly HOA Fees

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Community Details

  • 183 Units
  • West Village Subdivision
  • 16-Story Property

Listing and Financial Details

  • Tax Block 00625

Property Details

Home Type

Condominium

Est. Annual Taxes

$22,848

Year Built

Built in 1929

Lot Details

0

HOA Fees

$5,300 per month

Listing Details

  • Cross Street: Hudson St/8th Ave
  • Exposures: East,North,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: West Village
  • Architectural Style: Prewar
  • Entry Level: 17
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 16

Interior Features

  • Rooms (Total): 13

Beds/Baths

  • Full Bathrooms: 4
  • Bathrooms Integer: 4
  • Bedrooms: 3

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 5300.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Units: 183
  • Total Stories: 16
  • Year Built: 1929

Tax Info

  • Tax Block: 00625
  • Tax Annual: 22848.0

Range of Values:

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Average Value
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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

Mortgage History

Date Status Borrower Loan Amount
Closed Davies Virginia L $250,000
Closed Taylor Willard B $1,751,960
Closed Taylor Willard B $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2023 01/29/23 Off Market $18,300,000 -- --
09/30/2022 09/30/22 Sold $18,210,000 -0.5% $16,645 / Sq Ft
07/29/2022 07/29/22 Pending -- -- --
06/22/2022 06/22/22 For Sale $18,300,000 -- $16,728 / 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 $27,355 $229,274 $25,309 $203,965
2024 $27,355 $218,802 $25,309 $193,493
2021 $20,231 $186,751 $25,309 $161,442
2019 $20,612 $200,981 $25,309 $175,672
2018 $21,456 $205,266 $25,309 $179,957
2017 $19,870 $175,128 $25,309 $149,819
2016 $19,123 $169,298 $25,309 $143,989
2015 $11,072 $152,895 $25,309 $127,586
2014 $11,072 $140,898 $25,309 $115,589
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10838496

Real Estate Board of New York (REBNY)

APN: 0625-1178