NOT LISTED FOR SALE

40 Bond St Unit 5B New York, NY 10012

Estimated Value: $2,625,260 - $5,951,000

2 Beds
2.5 Baths
1,382 Sq Ft
$2,890/mo HOA Fee

Last Sold December 28, 2023

Last sale price $5,900,000 $4,269 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $28,914/month

Highlights

  • Concierge
  • 2-minute walk to Bleecker Street
  • Built-In Features
  • P.S. 3 Charrette School Rated A
  • High Ceiling
  • 3-minute walk to Manuel Plaza

About This Home

As of December 2023

40 Bond Street is located on Noho's prized block, sandwiched between Soho, Nolita, Greenwich Village and The East Village. Designed by Pritzker Prize-winning architects Herzog & de Meuron in collaboration with Ian Shraeger. 40 Bond instantly became a landmark masterpiece of modern architecture.

Designed by world-renowned architect John Pawson, this 1,382 square foot split two-bedroom residence features two bathrooms, powder room, and southern exposure through nine 11-foot floor-to-ceiling windows. From custom striped maple and Macassar wood cladding to a dramatic lighting and shade system by Lutron, no details have been overlooked in this custom home.

The elegant yet understated kitchen is tucked off the living area featuring custom white and Austrian smoked Oak cabinetry with glacier white Corian countertops, backsplashes, and double basin sinks punctuated by a fully integrated Sub Zero refrigerator, and a Miele dishwasher, cooktop and convection oven. The master bathroom includes a Herzog & de Meuron-designed wet room sculpted out of seamless white Corian. Floors, kitchen cabinetry and master bathroom are finished in Austrian smoked oak.

A 24-hour doorman and concierge, sleek gym and private garden are some of the amenities of this trophy residence. 40 Bond is a highly sought after residence in the heart of one NYC's most vibrant neighborhoods, with unprecedented convenience to a vast variety of retail, restaurants, museums, entertainment, transportation, moments from newly renovated Cooper Square Park, and so much more.

Last Agent to Sell the Property

Amy Mendizabal

Compass License #10401229581 Listed on: 10/06/2023

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,044

Year Built

  • Built in 2006

Lot Details

  • South Facing Home
  • Garden
  • Property is in excellent condition

HOA Fees

  • $2,890 Monthly HOA Fees

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 1,382 Sq Ft Home
  • Built-In Features
  • High Ceiling
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • 3 Shares in the Co-Op
  • Legal Lot and Block 1511 / 00530

Community Details

Overview

  • 26 Units
  • 1 Elevator
  • High-Rise Condominium
  • No Ho Subdivision
  • 11-Story Property

Amenities

  • Concierge
  • Full Time Doorman

Pet Policy

  • No Pets Allowed In Building

Property Details

Home Type

Condominium

Est. Annual Taxes

$25,044

Year Built

Built in 2006

Lot Details

0

HOA Fees

$2,890 per month

Listing Details

  • Exposures: South
  • Percent of Common Elements: 3.0
  • SponsorUnitYN: No
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: No Ho
  • Entry Level: 5
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • BuildingPetsAllowed: BuildingNo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 11

Interior Features

  • Interior Features: Built In Features, High Ceilings
  • Fireplace: No
  • Living Area: 1382.0
  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Total: 2.5
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Garden
  • Property Condition: Excellent

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Central
  • Heating: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2890.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 136.170000x100.000000

Building Info

  • New Construction: No
  • New Development: No
  • Elevators: 1
  • Units: 26
  • Total Stories: 11
  • Year Built: 2006
  • Shares: 3.0
  • Lobby Attendance Type: DoormanFullTime, ConciergeYes
  • Building Laundry Features: SeeRemarks

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Abatement: No
  • Tax Block: 00530
  • Tax Lot: 1511
  • Building Tax Lot: 7505
  • Tax Annual: 25044.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2023
Closed on
Dec 27, 2023
Sold by
Y Family 40 Llc
Bought by
David R Stack As Trustee and Secundus Holdings Trust
Seller's Agent
Amy Mendizabal
Compass
List Price
$5,900,000
Sold Price
$5,900,000
Views
9
Current Estimated Value
$4,504,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,395,685
Avg. Annual Appreciation
-13.93%

Purchase Details

Listed on
Jul 10, 2019
Closed on
Jun 27, 2019
Sold by
Nonoseknows Llc
Bought by
Y Family 40 Llc
Seller's Agent
Amy Mendizabal
Compass
Sold Price
$16,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%

Purchase Details

Listed on
Apr 2, 2018
Closed on
Aug 2, 2018
Sold by
Mangone Dennis
Bought by
Nonoseknows Llc
Seller's Agent
Dennis Mangone
Compass
List Price
$4,550,000
Sold Price
$4,000,000
Premium/Discount to List
-$550,000
-12.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.89%
Original Mortgage
$2,000,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2007
Sold by
40 Bond Street Partners Llc
Bought by
Mangone Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,750
Interest Rate
6.73%
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
David R Stack As Trustee $6,022,425 --
Y Family 40 Llc $3,922,000 --
Nonoseknows Llc $4,000,000 --
Mangone Dennis $3,175,000 --
Mangone Dennis $3,175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nonoseknows Llc $2,000,000
Previous Owner Mangone Dennis $158,750
Previous Owner Mangone Dennis $2,381,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/28/2023 12/28/23 Sold $5,900,000 0.0% $4,269 / Sq Ft
10/06/2023 10/06/23 Pending -- -- --
10/06/2023 10/06/23 For Sale $5,900,000 0.0% $4,269 / Sq Ft
08/26/2019 08/26/19 Rented -- -- --
07/27/2019 07/27/19 Under Contract -- -- --
07/10/2019 07/10/19 For Rent $16,000 0.0% --
06/29/2019 06/29/19 Sold $4,250,000 0.0% $3,075 / Sq Ft View Prior Sale
05/13/2019 05/13/19 Pending -- -- --
01/05/2019 01/05/19 For Sale $4,250,000 +6.3% $3,075 / Sq Ft
08/02/2018 08/02/18 Sold $4,000,000 -12.1% $2,894 / Sq Ft View Prior Sale
07/03/2018 07/03/18 Pending -- -- --
04/03/2018 04/03/18 For Sale $4,550,000 -- $3,292 / 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 $25,713 $206,220 $27,121 $179,099
2024 $25,713 $205,675 $27,121 $178,554
2023 $25,055 $204,251 $27,121 $177,130
2022 $24,798 $203,199 $27,121 $176,078
2021 $24,672 $201,128 $27,121 $174,007
2020 $24,870 $222,677 $27,121 $195,556
2019 $23,735 $217,671 $27,121 $190,550
2018 $22,080 $199,065 $27,121 $171,944
2017 $17,400 $199,147 $27,121 $172,026
2016 $16,470 $192,959 $27,121 $165,838
2015 $6,306 $169,511 $27,120 $142,391
2014 $6,306 $144,700 $27,120 $117,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10923820

Real Estate Board of New York (REBNY)

APN: 0530-1511