SOLD FEB 27, 2018
RENTED SEP 5, 2024
1
Bed
1
Bath
940
Sq Ft
$1,236/mo
HOA Fee
Highlights
- Central Air
- 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 February 2018Fully Furnished Gorgeous customized high floor A line at 40 Broad Wall Street - 940 SF Corner 1 Bedroom, 1 Bath with stunning views of Lower Manhattan through bright South/West facing exposure. Enjoy the generously sized U shaped kitchen, efficiently proportioned living area and corner master bedroom with walk-in-closet, and en-suite hotel-like bath including double vanity sinks. Oversized windows offer brilliant natural light throughout, while tasteful Brazilian Walnut floors with Basaltito black granite borders outline the living quarters beautifully. The contemporary kitchen creates a dramatic design statement with black Granite countertops, and custom cabinetry. Sub-Zero refrigerator and freezer with concealed wood paneling as well as a Miele oven & gas cook top, dishwasher and Bosch washer/dryer complete the unit with top of the line appliances. The Zen-like, Kohler 5-piece master bath is impeccably designed, hand-crafted and detailed to afford a soothing, luxurious retreat. Built in 1986 and spectacularly renovated, the Residences at 40 Broad are now among the most impressive collections of luxury condominiums in the heart of the Financial District. Residents also enjoy unparalleled benefits such as exclusive membership at 40 Broad Club and access to over 44,000 square feet of spectacular amenity space. Residents also enjoy unparalleled benefits such as access to over 44,000 square feet of spectacular amenity space. From its spectacular two-story lobby to its furnished roof deck, state-of-the-art fitness center, complementary continental breakfast, and Reserve Cut Steak House, 40 Broad Wall Street offers an all-inclusive experience of home and resort-like oasis. Conveniently located near several major Subway lines such as the 2, 3, 4, 5, J, and Z. Experience some of New Yorks finest restaurants, luxury retail, markets such as Eataly now open at 4 world Trade, and Downtown living right outside your door. Sublet & pet friendly building.
Last Agent to Sell the Property
Corcoran Group License #10301208093 Listed on: 03/15/2017
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,099
Year Built
- Built in 1982
HOA Fees
- $1,236 Monthly HOA Fees
Home Design
- 940 Sq Ft Home
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Utilities
- Central Air
Community Details
- 157 Units
- Financial District Subdivision
- 31-Story Property
Listing and Financial Details
- Tax Block 24
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 15, 2017
Closed on
Feb 27, 2018
Sold by
Nahmias Alan
Bought by
Chen Tianyi and Flat 33A Lexington Hill
Seller's Agent
Tara King-Brown
Corcoran Group
List Price
$1,295,000
Sold Price
$1,186,500
Premium/Discount to List
-$108,500
-8.38%
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
-$174,159
Avg. Annual Appreciation
-2.55%
Original Mortgage
$460,000
Outstanding Balance
$393,764
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$585,627
Purchase Details
Listed on
Mar 28, 2014
Closed on
Dec 3, 2014
Sold by
Concord Business Management 26A Llc
Bought by
Nahmias Alan
List Price
$1,145,000
Sold Price
$1,145,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.16%
Original Mortgage
$700,000
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 21, 2011
Sold by
40 Broad Llc
Bought by
Concord Business Management 26A Llc
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,186,500 | -- | |
| Deed | $1,045,000 | -- | |
| Deed | $798,054 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $460,000 | Purchase Money Mortgage | |
| Previous Owner | $700,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/05/2024 09/05/24 | Rented | $5,000 | -9.1% | -- |
| 07/22/2024 07/22/24 | For Rent | $5,500 | +26.4% | -- |
| 08/26/2020 08/26/20 | Rented | -- | -- | -- |
| 07/27/2020 07/27/20 | Under Contract | -- | -- | -- |
| 06/09/2020 06/09/20 | For Rent | $4,350 | +1.3% | -- |
| 03/14/2019 03/14/19 | Rented | -- | -- | -- |
| 02/12/2019 02/12/19 | Under Contract | -- | -- | -- |
| 02/08/2019 02/08/19 | For Rent | $4,295 | +1.1% | -- |
| 06/12/2018 06/12/18 | Rented | -- | -- | -- |
| 05/13/2018 05/13/18 | Under Contract | -- | -- | -- |
| 04/24/2018 04/24/18 | For Rent | $4,250 | 0.0% | -- |
| 02/27/2018 02/27/18 | Sold | $1,186,500 | -8.4% | $1,262 / Sq Ft |
| 01/28/2018 01/28/18 | Pending | -- | -- | -- |
| 03/15/2017 03/15/17 | For Sale | $1,295,000 | +13.1% | $1,378 / Sq Ft |
| 01/30/2015 01/30/15 | Sold | $1,145,000 | 0.0% | $1,217 / Sq Ft |
| 12/31/2014 12/31/14 | Pending | -- | -- | -- |
| 03/28/2014 03/28/14 | For Sale | $1,145,000 | -- | $1,217 / 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 |
|---|---|---|---|---|
| 2025 | $21,432 | $171,733 | $36,867 | $134,866 |
| 2024 | $21,432 | $171,426 | $36,867 | $134,559 |
| 2023 | $18,462 | $176,219 | $36,867 | $139,352 |
| 2022 | $10,988 | $169,100 | $36,867 | $132,233 |
| 2021 | $15,762 | $169,100 | $36,867 | $132,233 |
| 2020 | $9,171 | $187,215 | $36,867 | $150,348 |
| 2019 | $8,672 | $183,005 | $36,867 | $146,138 |
| 2018 | $20,897 | $176,612 | $36,867 | $139,745 |
| 2017 | $22,183 | $201,371 | $36,867 | $164,504 |
| 2016 | $21,218 | $194,892 | $36,866 | $158,026 |
| 2015 | $1,421 | $159,955 | $36,866 | $123,089 |
| 2014 | $1,421 | $153,544 | $36,867 | $116,677 |
Source: Public Records
Agents Affiliated with this Home
-
L
Seller's Agent in 2024
Lisa Wright
Douglas Elliman Real Estate
(347) 742-6541
5 Total Sales
-
Seller Co-Listing Agent in 2024
Patricia Vance
Douglas Elliman Real Estate
(917) 579-4016
1 in this area
41 Total Sales
-
Seller's Agent in 2018
Tara King-Brown
Corcoran Group
(917) 371-0551
12 in this area
58 Total Sales
About This Building
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10030556
APN: 0024-1115
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