$1,520,000
SOLD NOV 18, 2024
2 Beds
2.5 Baths
1,322 Sq Ft
$1,693/mo HOA Fee

Recently Sold

$1,150 Per Sq Ft

18% Below List Price

412 Days on Market

Highlights

  • Concierge
  • 1-minute walk to Broad Street
  • City 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

Gorgeous, 1322 SF 2 Bedroom + office alcove 2.5 Bath Penthouse. Beautiful L shaped kitchen, bright living area with dark wood sliding doors opening to second bedroom, oversized very private master bedroom with walk in closet and hotel like 5 piece bath with double vanity sinks. 11 ft ceilings, oversized windows for brilliant natural light, tasteful Brazilian Walnut floors with Basaltito black granite borders and a Bosch washer/dryer. Contemporary open kitchens make a dramatic design statement with black Granite countertops, backsplashes and custom cabinetry, Sub-Zero refrigerator and freezer, Miele oven, cook top and dishwasher. Zen-like Kohler 5-piece master baths are impeccably designed, handcrafted and detailed to afford a soothing, luxurious retreat.



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.

Last Agent to Sell the Property

Alyssa Knowlton

Corcoran Group License #10401340328 Listed on: 07/18/2023

Corcoran Group

Co-Listed By

Tara King-Brown

Corcoran Group License #10301208093

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $29,604

Year Built

  • Built in 1982

HOA Fees

  • $1,693 Monthly HOA Fees

Home Design

  • Entry on the 31st floor

Interior Spaces

  • 1,322 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • East Facing Home
  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 1157 / 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

$29,604

Year Built

Built in 1982

Lot Details

0

HOA Fees

$1,693 per month

Listing Details

  • Exposures: East
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Financial District
  • Entry Level: 31
  • 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: 1322.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other
  • Green Building Features: Common Playroom, Concierge, Game Room
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1693.0
  • 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: 1157
  • Tax Annual: 29604.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2023
Closed on
Nov 18, 2024
Sold by
Pearson Clive J
Bought by
Assuncao Coutinho Francisco Manuel and Assuncao Frieda Christopher
Seller's Agent
Alyssa Knowlton
Corcoran Group
List Price
$1,850,000
Sold Price
$1,520,000
Premium/Discount to List
-$330,000
-17.84%
Views
483
Current Estimated Value
$1,453,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$66,331
Avg. Annual Appreciation
-4.94%
Original Mortgage
$1,064,000
Outstanding Balance
$1,053,800
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$399,869

Purchase Details

Closed on
Mar 8, 2012
Sold by
40 Broad Llc
Bought by
Pearson Clive J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$924,000
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,520,000 --
Deed $1,615,000 --
Deed $1,615,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,064,000 Purchase Money Mortgage
Previous Owner $924,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2024 11/18/24 Sold $1,520,000 -4.7% $1,150 / Sq Ft
09/03/2024 09/03/24 Pending -- -- --
07/26/2024 07/26/24 Price Changed $1,595,000 -7.5% $1,207 / Sq Ft
03/17/2024 03/17/24 Price Changed $1,725,000 -6.8% $1,305 / Sq Ft
07/18/2023 07/18/23 For Sale $1,850,000 0.0% $1,399 / Sq Ft
08/06/2021 08/06/21 Rented -- -- --
02/01/2021 02/01/21 Off Market -- -- --
01/11/2021 01/11/21 For Rent -- -- --
01/02/2021 01/02/21 Off Market -- -- --
08/06/2020 08/06/20 For Rent $7,500 +3.4% --
05/01/2019 05/01/19 Rented -- -- --
04/01/2019 04/01/19 Under Contract -- -- --
02/07/2019 02/07/19 For Rent $7,250 -8.8% --
02/22/2018 02/22/18 Rented -- -- --
01/23/2018 01/23/18 Under Contract -- -- --
09/15/2017 09/15/17 For Rent $7,950 -- --
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 $29,353 $235,209 $50,494 $184,715
2024 $29,353 $234,789 $50,494 $184,295
2023 $29,607 $241,354 $50,494 $190,860
2022 $28,337 $231,604 $50,494 $181,110
2021 $28,411 $231,604 $50,494 $181,110
2020 $30,301 $256,415 $50,494 $205,921
2019 $25,691 $250,649 $50,494 $200,155
2018 $25,088 $241,893 $50,494 $191,399
2017 $22,167 $275,802 $50,494 $225,308
2016 $21,573 $266,930 $50,494 $216,436
2015 $9,537 $219,079 $50,494 $168,585
2014 $9,537 $210,297 $50,493 $159,804
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10985096

Real Estate Board of New York (REBNY)

APN: 0024-1157