NOT LISTED FOR SALE

Estimated Value: $5,369,000 - $9,832,533

3 Beds
3.5 Baths
5,886 Sq Ft
1896 Built

Sale Details

Date Sold: July 9, 2021

Last sale price $9,000,000 $1,529 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $62,677 / mo

139 Days on Market

Highlights

  • City View
  • 4-minute walk to 14 Street-Union Square
  • 4-minute walk to Union Square Park
  • Sixth Avenue Elementary School Rated A

About This Home

As of July 2021

Carefully designed to reflect a gracious, old-world sensibility while delivering total contemporary luxury, this exceptional 3 bedroom, 3.5 bath Greenwich Village residence sprawls across 5,886 sq.ft. and three floors. An oasis in the city is created thanks to the presence of a rare luxury: a designer landscaped outdoor space. Stunningly restored industrial barrel vaulted ceilings, a wood-burning fireplace and original cast iron columns are accentuated by impeccable chevron walnut floors. With floor-to-ceiling steel and glass French doors and ceiling heights up to 16 feet, the oversized great room features the highest level of modern touches and presents the perfect sun-drenched setting for relaxed living and lavish entertaining. The huge chef's, eat-in kitchen is elegantly designed with custom rift white oak cabinetry, honed marble countertops, and top-of-the-line Miele and Wolf appliances. The enormous master wing features 13.5 ft. ceilings and spans the entire width of the building. The spa-like master bathroom is wrapped with Calacatta marble walls, bespoke mosaic tile flooring, a Lefroy Brooks soaking tub and separate stall shower and private water closet. The two spacious secondary bedroom suites feature large walk-in closets and ensuite baths with Lefroy Brooks fixtures. Rounding out this gorgeous home is a large multi-purpose room that can be used as a screening room, home gym, or children's playroom. Situated in the heart of Greenwich Village, 37 East 12 Street is a boutique condo building with just six units. Affording total privacy and security, this is a sanctuary in the middle of a neighborhood filled with shopping, world-class restaurants and culture. Amenities include a full-time doorman, fitness center and private storage. Buyer pays New York City and New York State Transfer Tax. The complete offering terms are in an offering plan available from Sponsor.

Last Agent to Sell the Property

Adam Modlin

Modlin Group LLC License #49MO0915281 Listed on: 11/30/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $95,964

Year Built

  • Built in 1896

HOA Fees

  • $12,463 Monthly HOA Fees

Interior Spaces

  • 5,886 Sq Ft Home
  • City Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Community Details

  • 6 Units
  • Greenwich Village Subdivision
  • 8-Story Property

Listing and Financial Details

  • Tax Block 00564

Property Details

Home Type

Condominium

Est. Annual Taxes

$95,964

Year Built

Built in 1896

Lot Details

0 Sq Ft Lot

HOA Fees

$12,463 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Greenwich Village
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Living Area: 5886.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 3

Exterior Features

  • View: City
  • View: Yes

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 12463.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Area: 3625.0
  • Lot Size Dimensions: 37.0 x 103.25

Building Info

  • New Construction: No
  • Units: 6
  • Total Stories: 8
  • Year Built: 1896

Tax Info

  • Tax Block: 00564
  • Tax Annual: 95964.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 1, 2022
Sold by
Th37e12street Llc
Bought by
Engel Steven M and Reavis Helen D
Current Estimated Value
$7,552,133

Purchase Details

Listed on
Nov 30, 2020
Closed on
Jul 7, 2021
Sold by
37 East 12Th Street Condominiums Llc
Bought by
Th37e12street Llc
Seller's Agent
Adam Modlin
Modlin Group LLC
List Price
$9,950,000
Sold Price
$9,000,000
Premium/Discount to List
-$950,000
-9.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.65%
Original Mortgage
$4,950,000
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Engel Steven M -- --
Th37e12street Llc $9,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Th37e12street Llc $4,950,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2021 07/09/21 Sold $9,000,000 -9.5% $1,529 / Sq Ft
12/01/2020 12/01/20 For Sale $9,950,000 -- $1,690 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $118,771 $1,000,216 $64,461 $935,755
2024 $118,771 $950,013 $103,521 $876,540
2023 $107,906 $879,642 $54,424 $825,218
2022 $99,652 $1,812,557 $103,521 $1,709,036
2021 $94,382 $1,450,067 $103,521 $1,346,546
2020 $95,967 $1,407,823 $103,521 $1,304,302
2019 $96,909 $1,307,734 $103,521 $1,204,213
2018 $90,492 $711,472 $67,585 $643,887
2017 $59,554 $468,231 $99,322 $368,909
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10870829

Real Estate Board of New York (REBNY)

APN: 0564-1201

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