NOT LISTED FOR SALE

Estimated Value: $4,240,329 - $5,367,000

3 Beds
3 Baths
2,420 Sq Ft
$3,204/mo HOA Fee

Last Sold July 09, 2021

Last sale price $4,776,000 $1,974 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $33,125/month

1 Day on Market

Highlights

  • Central Air
  • P.S. 234 Independence School Rated A
  • 4-minute walk to Canal Park

About This Home

As of July 2021

Rarely available corner 3 bed/3 bath at the highly sought-after River Lofts Condominium.



This corner 3 bed/3 bath home's gracious foyer opens up to 10' ceilings, bright and wide-open living spaces, and beautifully updated hardwood flooring. Flooded with natural light through the surrounding floor-to-ceiling arched windows, the expansive living and dining areas are ideal for entertaining.

The open chef's kitchen is outfitted with gourmet appliances and includes newly updated finishes, wine fridge, and abundant storage space.



The oversized master bedroom boasts multiple walk-in closets complete with custom built-ins and is accompanied by an elegant en-suite bath with double sinks, a soaking tub, and a glass rain shower.



The secondary bedrooms feature walk-in closets, en-suite baths, and, for added convenience, the convertible third bedroom can be used as a den or media room.



Other features of this extraordinary apartment are a home office, utility room with in- unit W/D, Google Nest Thermostat, and a private storage space.



Known for its discerning and notable residents, River Lofts is fully equipped with a 24-hr doorman and concierge service, cutting-edge fitness center, and onsite parking garage.



The 416 Washington Street side of The River Lofts Condominium was built in the mid-19th century and primarily served as a sugar refinery before evolving into a storage warehouse. In 2003, the cast iron and masonry building was converted into residential condominiums and redesigned by Tsao & McKown Architects and Ismael Leyva Architects (of Time Warner Center fame).



Ideally located in prime Tribeca, enjoy direct access to the area's top-ranked restaurants, nightlife destinations, Soho designer shops, and the Hudson River waterfront. Multiple public transportation options are available nearby.



The RE taxes reflect an abatement applicable to its current use as a primary residence and buyers should consult their accountant/attorney to confirm how this would apply to them

Last Agent to Sell the Property

Tamer Howard

Corcoran Group License #10401271372 Listed on: 04/15/2021

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $27,804

Year Built

  • Built in 2003

HOA Fees

  • $3,204 Monthly HOA Fees

Home Design

  • 2,420 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Air

Community Details

  • 67 Units
  • River Lofts Condos
  • Tribeca Subdivision
  • 13-Story Property

Listing and Financial Details

  • Tax Block 218

Property Details

Home Type

Condominium

Est. Annual Taxes

$27,804

Year Built

Built in 2003

Lot Details

0

HOA Fees

$3,204 per month

Listing Details

  • Cross Street: WASHINGTON STREET and WEST STREET
  • Exposures: East,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Tribeca
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 13

Interior Features

  • Living Area: 2420.0
  • Living Area Units: Square Feet
  • Rooms (Total): 8

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 3

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 3204.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: River Lofts
  • Units: 67
  • Total Stories: 13
  • Year Built: 2003

Tax Info

  • Tax Block: 218
  • Tax Annual: 27804.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2021
Closed on
Jul 8, 2021
Sold by
Yun Daniel and Yun Jean
Bought by
Roberts Barrie and Roberts Mark
Seller's Agent
Tamer Howard
Corcoran Group
List Price
$4,495,000
Sold Price
$4,776,000
Premium/Discount to List
$281,000
6.25%
Current Estimated Value
$4,937,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,627
Avg. Annual Appreciation
2.07%

Purchase Details

Closed on
Dec 29, 2005
Sold by
W Squared Llc
Bought by
Yun Daniel and Yun Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Roberts Barrie $4,776,000 --
Yun Daniel $2,036,500 --
Yun Daniel $2,036,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yun Daniel $0
Previous Owner Yun Daniel $2,600,000
Previous Owner Yun Daniel $965,000
Previous Owner Yun Daniel $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2021 07/09/21 Sold $4,776,000 +6.3% $1,974 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $4,495,000 -- $1,857 / 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 $34,639 $276,566 $37,927 $238,639
2024 $34,639 $277,066 $37,927 $239,139
2023 $27,878 $275,463 $37,927 $237,536
2022 $26,803 $266,382 $37,927 $228,455
2021 $32,677 $266,382 $37,927 $228,455
2020 $28,274 $294,918 $37,927 $256,991
2019 $27,418 $288,284 $37,927 $250,357
2018 $32,254 $278,214 $37,927 $240,287
2017 $31,249 $263,363 $37,926 $225,437
2016 $25,111 $249,044 $37,927 $211,117
2015 $9,132 $219,686 $37,927 $181,759
2014 $9,132 $211,262 $37,927 $173,335
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10712923

Real Estate Board of New York (REBNY)

APN: 0218-1140