Estimated Value: $601,000 - $653,000
--
Bed
1
Bath
570
Sq Ft
$742/mo
HOA Fee
Highlights
- East Facing Home
- 1-minute walk to Broad Street
- 3-minute walk to Queen Elizabeth II Garden
- P.S. 343 The Peck Slip School Rated A
About This Home
As of April 2023Spacious 570 SF luxury Studio apartment in the luxurious 40 Broad Street Condominium. Enjoy over 10-ft high ceilings, and tasteful Brazilian Walnut floors with Basaltito black granite borders. A contemporary separate kitchen makes a dramatic design statement with black Granite countertops, backsplashes and custom cabinetry, and delight the most discerning chefs with premium appliances that include a Sub-Zero refrigerator and freezer with a Miele oven, cook top and dishwasher. Zen-like Kohler bath is impeccably designed including luxurious rain head shower and a separate oversized soaker tub. 17G features Bosch washer/dryer in suite.
Originally built in 1986 and spectacularly renovated in 2006, this marquee address offers the most impressive collection of luxury condominiums in the heart of the Financial District. From its spectacular two-story lobby, to its furnished indoor lounge and roof deck offering Statue of Liberty, Hudson River and City Skyline views, to the state-of-the-art fitness center, recreation room and Reserve Cut Steak House on the 2nd floor, 40 Broad Street offers an all-inclusive experience and resort-like oasis. Centrally located and a short distance to major transportation hubs including Subway access to 2/3/4/5/A/E/J/Z/R/W and Path trains, in addition to the South Street Ferries/Water Taxis, Fulton Street Station and the Oculus. Whole Foods and Lifetime Fitness slated to open at Wall & Broadway.
Last Agent to Sell the Property
Corcoran Group License #10401340328 Listed on: 10/25/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,740
Year Built
- Built in 1982
HOA Fees
- $742 Monthly HOA Fees
Home Design
- 570 Sq Ft Home
Laundry
- Dryer
- Washer
- Washer Dryer Allowed
Additional Features
- 1 Full Bathroom
- East Facing Home
Community Details
- 157 Units
- Financial District Subdivision
- 31-Story Property
Listing and Financial Details
- Tax Block 00024
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 25, 2022
Closed on
Apr 10, 2023
Sold by
Schmitt Marie Laure
Bought by
Cai Edmund and Cai Weicheng
Seller's Agent
Alyssa Knowlton
Corcoran Group
List Price
$650,000
Sold Price
$640,000
Premium/Discount to List
-$10,000
-1.54%
Total Days on Market
127
Views
62
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,050
Avg. Annual Appreciation
-0.81%
Purchase Details
Closed on
Sep 8, 2009
Sold by
40 Broad Llc
Bought by
Schmitt Marie Laure
Similar Homes in the area
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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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cai Edmund | $640,000 | -- | |
| Schmitt Marie Laure | $660,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/12/2023 06/12/23 | Off Market | $640,000 | -- | -- |
| 04/10/2023 04/10/23 | Sold | $640,000 | -1.5% | $1,123 / Sq Ft |
| 03/02/2023 03/02/23 | Pending | -- | -- | -- |
| 02/17/2023 02/17/23 | For Sale | $650,000 | 0.0% | $1,140 / Sq Ft |
| 02/17/2023 02/17/23 | Off Market | $650,000 | -- | -- |
| 10/25/2022 10/25/22 | For Sale | $650,000 | -- | $1,140 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $12,858 | $102,847 | $22,118 | $80,729 |
| 2023 | $12,134 | $105,722 | $22,118 | $83,604 |
| 2022 | $10,744 | $101,452 | $22,118 | $79,334 |
| 2021 | $11,652 | $101,452 | $22,118 | $79,334 |
| 2020 | $8,322 | $112,319 | $22,118 | $90,201 |
| 2019 | $6,389 | $109,794 | $22,118 | $87,676 |
| 2018 | $9,380 | $105,959 | $22,119 | $83,840 |
| 2017 | $9,093 | $120,812 | $22,118 | $98,694 |
| 2016 | $8,696 | $116,926 | $22,119 | $94,807 |
| 2015 | $965 | $95,965 | $22,118 | $73,847 |
| 2014 | $965 | $92,119 | $22,119 | $70,000 |
Source: Public Records
Agents Affiliated with this Home
-
Alyssa Knowlton
Seller's Agent in 2023
Alyssa Knowlton
Corcoran Group
(310) 270-3353
12 in this area
14 Total Sales
-
Tara King-Brown
Seller Co-Listing Agent in 2023
Tara King-Brown
Corcoran Group
(917) 371-0551
11 in this area
58 Total Sales
About This Building
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10840030
APN: 0024-1052
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