NOT LISTED FOR SALE

River Lofts 416 Washington St Unit PHB New York, NY 10013

Tribeca Neighborhood

Estimated Value: $6,675,817 - $9,493,000

4 Beds
3.5 Baths
3,585 Sq Ft
$5,114/mo HOA Fee

Last Sold December 14, 2022

Last sale price $9,950,000 $2,775 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $52,053/month

259 Days on Market

Highlights

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

About This Home

As of December 2022

Triple Mint renovation! Classic loft in prime Tribeca location. Stunning 4 bedroom, 3.5 bath home, includes a 400 square foot landscaped terrace with outdoor shower.

The recently renovated residence includes 3 new bathrooms, the addition of a powder room, spectacular new eat-in kitchen, tray ceiling and lighting in living room, new central a/c system, refinished floors and new doors throughout. Additional features include 11' ceilings, large skylight in great room and master bath, custom fitted closets, laundry room with vented dyer and 2 private storage units.

The historic cast iron and masonry River Lofts, designed by the renowned architects Tsao & McGowan, is a two-building warehouse conversion located in Tribeca's most sought after riverfront neighborhoods. Amenities include 24-hour doorman, fitness center, bicycle room, full-time superintendent and direct elevator access to the indoor garage. Nearby Hudson River Park and Esplanade provides acres of waterfront green space, and the finest dining, shopping and cultural destinations line the surrounding streets.

Last Agent to Sell the Property

Lisa Interdonato

Douglas Elliman Real Estate License #10401214684 Listed on: 02/17/2022

Douglas Elliman Real Estate

Co-Listed By

Fredrik Eklund

Douglas Elliman Real Estate License #10301206888

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $49,992

Year Built

  • Built in 2003

HOA Fees

  • $5,114 Monthly HOA Fees

Home Design

  • 3,585 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Terrace

Community Details

  • 67 Units
  • Tribeca Subdivision
  • 13-Story Property

Listing and Financial Details

  • Tax Block 00218

Property Details

Home Type

Condominium

Est. Annual Taxes

$49,992

Year Built

Built in 2003

Lot Details

0

HOA Fees

$5,114 per month

Listing Details

  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Tribeca
  • Entry Level: 13
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 13

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 3585.0
  • Living Area Units: Square Feet
  • Rooms (Total): 7

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 4

Exterior Features

  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 5114.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Units: 67
  • Total Stories: 13
  • Year Built: 2003

Tax Info

  • Tax Block: 00218
  • Tax Annual: 49992.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2022
Closed on
Dec 14, 2022
Sold by
Frost Rensky Tracey A and Frost-Rensky Tracey
Bought by
Joglar Rene Perez
Seller's Agent
Lisa Interdonato
Douglas Elliman Real Estate
List Price
$11,995,000
Sold Price
$9,950,000
Premium/Discount to List
-$2,045,000
-17.05%
Views
5
Current Estimated Value
$7,604,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,345,542
Avg. Annual Appreciation
-9.93%
Original Mortgage
$6,000,000
Outstanding Balance
$5,837,777
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,695,566

Purchase Details

Closed on
May 7, 2007
Sold by
W Squared Llc
Bought by
Frost Tracey A and Rensky Filip A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Interest Rate
6.18%
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
Joglar Rene Perez $9,950,000 --
Frost Tracey A $4,225,000 --
Frost Tracey A $4,225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joglar Rene Perez $6,000,000
Previous Owner Frost Tracey A $1,548,365
Previous Owner Frost Tracey A $32,388
Previous Owner Frost Tracey A $850,000
Previous Owner Frost Tracey A $200,015
Previous Owner Frost Tracey A $2,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2022 12/14/22 Sold $9,950,000 -9.5% $2,775 / Sq Ft
11/04/2022 11/04/22 Pending -- -- --
09/26/2022 09/26/22 Price Changed $10,995,000 -8.3% $3,067 / Sq Ft
02/17/2022 02/17/22 For Sale $11,995,000 0.0% $3,346 / Sq Ft
09/23/2020 09/23/20 Rented -- -- --
08/24/2020 08/24/20 Under Contract -- -- --
07/28/2020 07/28/20 For Rent $25,000 -- --
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 $63,633 $508,061 $69,673 $438,388
2024 $63,633 $508,979 $69,673 $439,306
2023 $51,212 $506,034 $69,673 $436,361
2022 $49,394 $489,351 $69,673 $419,678
2021 $60,029 $489,351 $69,673 $419,678
2020 $27,311 $541,773 $69,673 $472,100
2019 $49,713 $529,587 $69,673 $459,914
2018 $59,253 $511,088 $69,672 $441,416
2017 $57,406 $483,807 $69,673 $414,134
2016 $46,130 $457,500 $69,672 $387,828
2015 $11,183 $403,569 $69,673 $333,896
2014 $11,183 $388,094 $69,673 $318,421
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10912188

Real Estate Board of New York (REBNY)

APN: 0218-1165