NOT LISTED FOR SALE

Estimated Value: $3,328,000 - $4,284,000

3 Beds
3 Baths
1,866 Sq Ft
$1,003/mo HOA Fee

Last Sold December 16, 2020

Last sale price $3,400,000 $1,822 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $25,792/month

595 Days on Market

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 December 2020

***Available For Immediate Occupancy***

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 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. Photos may not be of the actual unit, but accurately show the floor plan and all the finishes.

Last Agent to Sell the Property

Edward Freiberg

Compass License #40FR1171407 Listed on: 10/02/2020

Compass

Co-Listed By

Jon Cella

Compass License #40CE0937477

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $37,044

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 3,833

HOA Fees

  • $1,003 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,866 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

$37,044

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$1,003 per month

Listing Details

  • Cross Street: Bowery/Second Avenue
  • Exposures: North,South,West
  • 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: 1866.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

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: 1003.0
  • 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: 37044.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Dec 8, 2020
Sold by
3 East 3Rd Street Llc
Bought by
Amlani Rahim
Seller's Agent
Edward Freiberg
Compass
Sold Price
$3,400,000
Current Estimated Value
$3,753,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,098
Avg. Annual Appreciation
1.78%
Original Mortgage
$2,500,000
Outstanding Balance
$2,241,073
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,455,356

Purchase Details

Closed on
Aug 12, 2016
Sold by
Three East Third Corp
Bought by
3 East 3Rd Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,900,000
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Amlani Rahim $3,175,000 --
3 East 3Rd Street Llc $11,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amlani Rahim $2,500,000
Previous Owner 3 East 3Rd Street Llc $349,000
Previous Owner 3 East 3Rd Street Llc $8,101,000
Previous Owner 3 East 3Rd Street Llc $6,900,000
Previous Owner Three East Third Corp $490,000
Previous Owner Three East Third Corp $490,000
Previous Owner Three East Third Corp $551,246
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2020 12/16/20 Sold $3,400,000 0.0% $1,822 / Sq Ft
11/04/2020 11/04/20 Pending -- -- --
10/02/2020 10/02/20 For Sale -- -- --
08/28/2019 08/28/19 Off Market $3,400,000 -- --
03/20/2019 03/20/19 For Sale $3,400,000 -- $1,822 / 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 $53,963 $389,108 $48,883 $340,225
2024 $53,963 $431,637 $74,354 $366,565
2023 $51,384 $411,005 $74,354 $336,651
2022 $47,194 $445,244 $74,354 $370,890
2021 $43,698 $356,222 $74,354 $281,868
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10623521

Real Estate Board of New York (REBNY)

APN: 0459-1303