NOT LISTED FOR SALE

39 Lispenard St Unit 3 New York, NY 10013

Tribeca Neighborhood

Estimated Value: $7,249,000 - $10,769,850

5 Beds
5 Baths
5,276 Sq Ft
$1,832/mo HOA Fee

Last Sold October 17, 2024

Last sale price $11,100,000 $2,104 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $53,209/month

653 Days on Market

Highlights

  • City View
  • 2-minute walk to Canal Street (N,Q,R Line)
  • High-Rise Condominium
  • P.S. 397 Spruce Street School Rated A
  • Cooling Available
  • 3-minute walk to Tribeca Park

About This Home

As of October 2024

UNIQUE 50 foot-wide, cast-iron building loft! 9 foot high windows line both the northern and southern exposures of this 5,200+ sq. foot, pristine and move-in ready home, featuring 4/5 bedrooms, 5 full baths, open kitchen, media/playroom, den/office and loggia, all of which has been renovated to exacting standards.
Foyer: Windowed (double-wide), approximately 100 sq. feet , and encompasses a private, keyed elevator landing.
Living/Dining Room: Has 11 foot ceilings, is over 1,000 sq. feet, and with 5 to 6 double-wide windows, looks south over the historic Landmarked cast-iron building facades lining Lispenard Street in the Tribeca East Historic District. This grand space has restored original brick walls, original cast-iron columns, and a Cabinet Hearth Ventless fireplace.
Kitchen: Open Scavolini kitchen is 400+ sq. feet, with custom wood cabinetry; Caesarstone counter tops; Wolf 6-burner range and double oven (with externally vented Wolf in-line exhaust hood); Sub-Zero refrigerator (over-sized), freezer and wine refrigerator; Bosch dishwasher; two sinks (one double); in-sink garbage disposal; Sharp microwave; and Grohe faucets.
Loggia and Den/Office: A windowed area leads to another quiet defined space, with adjacent private, full bath. Is suitable as a guest room, home office, music room/library or display/hobby space.
Media/Playroom plus 2 Bedrooms: A spacious, well-proportioned 22 ft. by 22 ft. space, with original, restored brick wall, dedicated space and plumbing for a wet bar (or second washer/dryer), adjoins two spacious bedrooms, each with large windows, and two full baths.
Primary Suite (two rooms): A separate hallway, with guest bath (full) leads to the Primary Suite, with two room-sized walk-in closets, spa quality and sized Primary bath with radiant heated floor, free-standing eggshell tub, shower room and double vanity. The Primary bedroom also has 11 foot ceilings, and a Hearth Cabinet Ventless fireplace. The fourth bedroom is adjacent to the Primary bedroom and may be used as a nursery, private sitting room/office, exercise space, etc.
Throughout: This loft has new, wide-plank white oak floors and new, historically accurate architectural windows by Dover Windows. The Loft has its own independent four-zone heating and central air conditioning with Nest thermostat controls; remote-controlled shades; and a full-sized washer and a full-sized externally vented dryer. There are generous closets and storage space throughout.
Building: 39 Lispenard Street, The Clark Building, is a historic cast-iron building constructed in 1883 by architect Jobst Hoffman. It was built primarily in the Queen Anne style, with Renaissance Revival & Neo-Classical embellishment. Lispenard Street is a mainstay of the Tribeca neighborhood, is landmarked & a short distance from the new East Coast headquarters of Google, ABC, Disney and other tech/entertainment enterprises, as well numerous financial corporations.
The complete offering terms are in an offering plan available from the Sponsor. New York State Attorney General File No. CD15-0137. Sponsor makes no representations or warranties except as set forth in the Offering Plan.

Last Agent to Sell the Property

John Edwards

Brown Harris Stevens Residential Sales LLC License #30ed0791072 Listed on: 11/28/2022

Brown Harris Stevens Residential Sales LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $71,148

Year Built

  • Built in 1883

Lot Details

  • 5,271

HOA Fees

  • $1,832 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 5,276 Sq Ft Home
  • Ventless Fireplace
  • City Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed

Utilities

  • Cooling Available

Community Details

  • 6 Units
  • High-Rise Condominium
  • The Clark Building Condos
  • Tribeca Subdivision
  • 6-Story Property

Listing and Financial Details

  • Legal Lot and Block 1003 / 00210

Property Details

Home Type

Condominium

Est. Annual Taxes

$71,148

Year Built

Built in 1883

Lot Details

0

HOA Fees

$1,832 per month

Listing Details

  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Tribeca
  • Entry Level: 3
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Pets No Pets Comments: Pets Allowed,Building Pets Allowed Comments:Pets Allowed
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Interior Features: Separate/Formal Dining Room
  • Appliances: Washer Dryer Allowed
  • Fireplace Features: Ventless
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 5276.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 5
  • Bathrooms Integer: 5
  • Bedrooms: 5

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Building Other, In Unit
  • Cooling: Other
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1832.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: The Clark Building
  • Units: 6
  • Total Stories: 6
  • Year Built: 1883

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 00210
  • Tax Lot: 1003
  • Tax Annual: 71148.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2022
Closed on
Oct 17, 2024
Sold by
39 Lispenard Project Llc
Bought by
Mumtaz Fahd and Vairale-Mumtaz Kiran
Seller's Agent
John Edwards
Brown Harris Stevens Residential Sales LLC
List Price
$11,500,000
Sold Price
$11,100,000
Premium/Discount to List
-$400,000
-3.48%
Views
343
Current Estimated Value
$8,379,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,720,037
Avg. Annual Appreciation
-23.68%
Original Mortgage
$2,500,000
Outstanding Balance
$2,472,346
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$5,907,617
Source: Public Records

Range of Values:

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Average Value
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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
Mumtaz Fahd $11,330,325 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mumtaz Fahd $2,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2024 11/01/24 Price Changed $11,100,000 0.0% $2,104 / Sq Ft
10/17/2024 10/17/24 Sold $11,100,000 -3.5% $2,104 / Sq Ft
09/12/2024 09/12/24 Pending -- -- --
11/29/2023 11/29/23 For Sale $11,500,000 +3.6% $2,180 / Sq Ft
07/19/2023 07/19/23 Off Market $11,100,000 -- --
11/28/2022 11/28/22 For Sale $12,000,000 -- $2,274 / 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 $90,184 $744,423 $34,841 $709,582
2024 $90,184 $721,354 $62,367 $685,340
2023 $83,503 $667,920 $40,015 $627,905
2022 $75,865 $1,103,967 $62,367 $1,041,600
2021 $75,995 $1,103,967 $62,367 $1,041,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10970835

Real Estate Board of New York (REBNY)

APN: 0210-1003