NOT LISTED FOR SALE

Estimated Value: $3,863,297 - $4,285,000

3 Beds
3 Baths
1,869 Sq Ft
$1,157/mo HOA Fee

Last Sold January 17, 2020

Last sale price $4,300,000 $2,301 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $27,439/month

Highlights

  • New Construction
  • 4-minute walk to Lower East Side-2 Avenue
  • City View
  • P.S. 110 Florence Nightingale Rated A
  • Rooftop Deck
  • 2-minute walk to Manuel Plaza

About This Home

As of January 2020

Welcome to 3E3, a bold take on modern luxury in the city's most avant-garde neighborhood. Inspired by the rich evolution of the Bowery, 3E3 embraces contrast to deliver a vibrant yet sophisticated living experience in the heart of Downtown. Leave boring at the door. You've now arrived at 3E3.

Designed to express bold, monolithic forms, these full-floor homes feature walls of windows, white oak flooring with radiant heat throughout the apartment and soaring exposed concrete ceilings. Exquisite open kitchens with custom black walnut cabinetry, soapstone countertops and Grohe hardware act as the impressive anchor of each unit. To complete the culinary experience top of the line appliances by Miele, Wolf and Sub-Zero are provided. Vented in-unit LG washer/dryers and premium fixtures add effortless luxury and ease. A discreet and state-of-the-art entry, outfitted with video intercom and virtual doorman service, delivers security, privacy, and an indelible first impression. Each residence comes with private storage and is eligible for the Cooperative and Condominium Property Tax Abatement which could potentially bring real estate taxes down to $2,547/mo.

This boutique building consists of five industrial-inspired luxury residences featuring a restrained color and materials palette where subtlety and detail matter. Inspired by the Bowery's past, with attention on New York City's future, 3E3 is a stunning amalgamation of old and new, raw and refined, bold and nuanced. Industrial materials and sleek design choices create a contemporary aesthetic that's true to modern life. 3E3's stakes out a prominent position overlooking Bowery, with a fully glazed facade that bathes residences with southern light.

The Bowery has seen it all, from the rich history of the Five Points to rock and art royalty. Ever evolving it remains the heartbeat of NYC cool. 3E3 sits at this phenomenal nexus of bustling Downtown chic, where the East Village, Bowery, NoHo, SoHo, Nolita and Lower East Side collide. From your early-morning fitness routine to a late-night underground concert, the city's premier cutting-edge boutiques, cultural destinations, dining and nightlife venues await, just steps from your front door.

The complete offering terms are in the Offering Plan, which is available from Sponsor. File No. CD18-0095. Sponsor: 3 East 3rd Street LLC, 81 Prospect Street, Brooklyn, New York 11201. Equal Housing Opportunity. The artist representations and interior decorations, finishes, appliances and furnishings are provided for illustrative purposes only. Closings to begin summer 2019.

Last Agent to Sell the Property

Edward Freiberg

Compass License #40FR1171407 Listed on: 06/14/2019

Compass

Co-Listed By

Jon Cella

Compass License #40CE0937477

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $42,744

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 3,833

HOA Fees

  • $1,157 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,869 Sq Ft Home
  • City Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 48 / 459

Community Details

Overview

  • 3E3 Condos
  • E. Greenwich Village Subdivision
  • 6-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$42,744

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$1,157 per month

Listing Details

  • Cross Street: Bowery/Second Avenue
  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: E. Greenwich Village
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 1869.0
  • Living Area Units: Square Feet
  • Rooms (Total): 7

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Roof Deck

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1157.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: Yes
  • Building Name: 3E3
  • Total Stories: 6
  • Year Built: 2019

Tax Info

  • Tax Block: 459
  • Tax Lot: 48
  • Tax Annual: 42744.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2019
Closed on
Jan 17, 2020
Sold by
3 East 3Rd Street Llc
Bought by
Berger Caleb
Seller's Agent
Edward Freiberg
Compass
List Price
$4,300,000
Sold Price
$4,300,000
Current Estimated Value
$3,994,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$305,926
Avg. Annual Appreciation
-1.72%
Original Mortgage
$3,000,000
Outstanding Balance
$2,674,420
Interest Rate
3.74%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,221,612
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
Berger Caleb $4,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berger Caleb $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2020 01/17/20 Sold $4,300,000 0.0% $2,301 / Sq Ft
06/14/2019 06/14/19 For Sale $4,300,000 -- $2,301 / Sq Ft
06/13/2019 06/13/19 Pending -- -- --
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 $62,265 $448,972 $56,404 $392,568
2024 $62,265 $498,044 $85,793 $422,961
2023 $59,289 $474,236 $85,793 $388,443
2022 $54,454 $513,743 $85,793 $427,950
2021 $50,421 $411,026 $85,793 $325,233
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10589809

Real Estate Board of New York (REBNY)

APN: 0459-1302