$1,050,000
SOLD NOV 4, 2024
1 Bed
2.5 Baths
920 Sq Ft
$1,192/mo HOA Fee

Recently Sold

$1,141 Per Sq Ft

4% Below List Price

86 Days on Market

Highlights

  • Concierge
  • 1-minute walk to Broad Street
  • River View
  • P.S. 343 The Peck Slip School Rated A
  • Rooftop Deck
  • 3-minute walk to Queen Elizabeth II Garden

About This Home

As of November 2024

Welcome home to this tranquil corner penthouse offering stunning water views and an abundance of natural light. This spacious 921 square foot residence features one bedroom, one and a half bathrooms, and a thoughtfully designed layout. The u-shaped kitchen boasts sleek black Granite countertops, custom cabinetry, and high-end appliances including a Sub-Zero refrigerator and Miele oven. Convenience meets style with the inclusion of a stackable Bosch washer and dryer unit. Brazilian Walnut floors with Basaltito black granite borders add a touch of elegance to the living space, complemented by lofty ceilings and oversized windows. The primary bedroom serves as a peaceful retreat, complete with a large walk-in closet and an ensuite spa-like bath featuring double vanity sinks, a soaking tub, and a separate glass-enclosed shower.

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 are just a block away!

Last Agent to Sell the Property

Alyssa Knowlton

Corcoran Group License #10401340328

Corcoran Group

Co-Listed By

Gabriel Mercado

Corcoran Group License #10401369962

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,750

Year Built

  • Built in 1982

HOA Fees

  • $1,192 Monthly HOA Fees

Property Views

  • River

Home Design

  • 920 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Laundry in unit
  • Washer Hookup

Utilities

  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 1146 / 00024

Community Details

Overview

  • 157 Units
  • High-Rise Condominium
  • Financial District Subdivision
  • 31-Story Property

Amenities

  • Concierge
  • Rooftop Deck
  • Game Room
  • Children's Playroom

Property Details

Home Type

Condominium

Est. Annual Taxes

$21,750

Year Built

Built in 1982

Lot Details

0

HOA Fees

$1,192 per month

Listing Details

  • Exposures: South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Financial District
  • Entry Level: 2
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 31

Interior Features

  • Interior Features: Dining Area
  • Fireplace: No
  • Living Area: 920.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: City, River
  • View: Yes
  • Exterior Features: Building Roof Deck, None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other, Washer Hookup, In Unit
  • Green Building Features: Common Playroom, Concierge, Game Room
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1192.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 157
  • Total Stories: 31
  • Year Built: 1982

Tax Info

  • Tax Block: 00024
  • Tax Lot: 1146

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2024
Closed on
Nov 4, 2024
Sold by
Giordano Ugo M
Bought by
Chung Sang and Hoe Yifan Darren
Seller's Agent
Alyssa Knowlton
Corcoran Group
List Price
$1,095,000
Sold Price
$1,050,000
Premium/Discount to List
-$45,000
-4.11%
Total Days on Market
86
Views
22
Current Estimated Value
$995,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$54,813
Avg. Annual Appreciation
-9.98%
Original Mortgage
$840,000
Outstanding Balance
$835,872
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$159,315

Purchase Details

Closed on
Nov 8, 2013
Sold by
40 Broad Llc
Bought by
Giordano Ugo M

Map

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 Type Sale Price Title Company
Deed $1,050,000 --
Deed $1,199,000 --
Deed $1,199,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $840,000 Purchase Money Mortgage
Previous Owner $800,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2024 11/04/24 Sold $1,050,000 -4.1% $1,141 / Sq Ft
07/15/2024 07/15/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $1,095,000 0.0% $1,190 / Sq Ft
10/29/2020 10/29/20 Rented -- -- --
10/19/2020 10/19/20 Under Contract -- -- --
04/25/2020 04/25/20 For Rent $4,800 -- --
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
2024 $21,750 $173,969 $37,414 $136,555
2023 $22,358 $178,833 $37,414 $141,419
2022 $20,942 $171,609 $37,414 $134,195
2021 $21,051 $171,609 $37,414 $134,195
2020 $22,314 $189,993 $37,414 $152,579
2019 $19,036 $185,720 $37,414 $148,306
2018 $18,589 $179,232 $37,414 $141,818
2017 $16,425 $204,358 $37,414 $166,944
2016 $15,985 $197,784 $37,414 $160,370
2015 $7,067 $162,329 $37,414 $124,915
2014 $7,067 $155,822 $37,414 $118,408
Source: Public Records

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10987338

Real Estate Board of New York (REBNY)

APN: 0024-1146