NOT LISTED FOR SALE

Estimated Value: $2,638,000 - $2,940,726

2 Beds
3 Baths
2,708 Sq Ft
$1,460/mo HOA Fee

Last Sold May 25, 2022

Last sale price $3,150,000 $1,163 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $18,711/month

38 Days on Market

Highlights

  • Pre War Building
  • 1-minute walk to Fulton Street (J,M,Z Line)
  • 3-minute walk to DeLury Square
  • P.S. 397 Spruce Street School Rated A

About This Home

As of May 2022

Designed by Studio DB, this exquisite full-floor loft features grand proportions, two-bedrooms plus den or home office, three full bathrooms and flawless designer finishes in a landmarked architectural gem.



Arrive in the sprawling 2,708-square-foot 4th floor home via key-locked elevator to discover 13.5-foot-tall barrel-vaulted ceilings that soar over gleaming radiant-heat stone and quarter-sawn oak flooring. The magnificent entry gallery introduces the home's exceptional designer wall coverings and light fixtures. Ahead, the massive great room invites you to relax and unwind alongside a wall of large south-facing windows. Warm yourself in front of the gas fireplace, flanked by built in millwork, designed for comfortable seating and maximum storage. Entertain under work-of-art lighting in the spacious dining area, which easily seats 12.



The magnificent, remodeled kitchen impresses with custom cabinetry, a designer pantry with coffee station, waterfall island and arabesque backsplashes. A fleet of brand new appliances, including a vented 6 burner Wolf cooktop, 2 full-size Viking wall ovens, a top of the line Sub-Zero refrigerator-freezer, Miele dishwasher and wine refrigerator offer all the best tools for family meals and entertaining.



Located across from a full guest bathroom, the large den is the perfect work-from-home space, media room or guest retreat surrounded by a beautiful, architecturally designed steel and glass enclosure.



To the left of the entry, a private hall (with two large closets) leads to the owner's suite with huge north-facing windows. Four custom, floor-to-ceiling closets with interior lighting attend to wardrobe and storage needs. The spectacularly reimagined primary bathroom beckons with a massive 10 fixture walk-in rain shower for two, a wide double vanity and sleek contemporary fixtures.



The secondary bedroom features another large window and ample light, 2 floor to ceiling closets and easy access to a third full bathroom with large soaking tub.



An oversized utility room with custom shelving, brand new, fully vented washer and dryer and second full size refrigerator completes the spacious layout.



Soothing radiant heat flooring in every room, mutli-zone central HVAC, a humidification system, Crestron smart home automation and private deeded storage add comfort and ease to this impeccable Downtown showplace.



Built in 1892, 42 Ann Street is a cast-iron Renaissance Revival building that housed The Keuffel & Esser Co., manufacturers of drafting and surveying equipment, for seven decades. Converted to luxury condominium use in 2014, the building features just seven full-floor residences, a gorgeous lobby, keyed elevator access, virtual doorman service and a bike room.



This desirable FiDi location delivers unbeatable Downtown excitement and easy access to the Tribeca, Fulton/Seaport District, Civic Center and Battery Park City. Fantastic dining, shopping, nightlife and entertainment can be found by walking either above ground - or underground in inclement weather(!)-at the Westfield World Trade Center and Brookfield Place. The vibrant Seaport and Pier 17 with their river views are to the east. The Spruce Street School is only steps away while City Hall Park provides wonderful outdoor space. Transportation is effortless between the WTC and Fulton Transit Center with A/C/E, J/Z, 2/3, 4/5/6, R/W and PATH trains, excellent bus service, CitiBikes and the Wall Street Ferry Terminal all nearby.

Last Agent to Sell the Property

Daniel Davis

Corcoran Group License #40DA0774787 Listed on: 11/02/2021

Corcoran Group

Co-Listed By

Maxwell Lees

Corcoran Group License #10401328388

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,704

Year Built

  • Built in 1900

Lot Details

  • 2,919

HOA Fees

  • $1,460 Monthly HOA Fees

Home Design

  • 2,708 Sq Ft Home
  • Pre War Building
  • Entry on the 4th floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Washer Dryer Allowed

Community Details

  • 7 Units
  • Compass Lofts Condos
  • Financial District Subdivision
  • 8-Story Property

Listing and Financial Details

  • Tax Block 00091

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,704

Year Built

Built in 1900

Lot Details

0

HOA Fees

$1,460 per month

Listing Details

  • Cross Street: NASSAU STREET and WILLIAM STREET
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Financial District
  • Architectural Style: Prewar
  • Entry Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 2708.0
  • Living Area Units: Square Feet
  • Rooms (Total): 7

Beds/Baths

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1460.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: COMPASS LOFTS
  • Units: 7
  • Total Stories: 8
  • Year Built: 1900

Tax Info

  • Tax Block: 00091
  • Tax Annual: 13704.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2022
Sold by
Liu Liyan and Zhou Chris B
Bought by
Carolyn Ng As Trustee
Current Estimated Value
$2,781,432

Purchase Details

Closed on
Feb 9, 2015
Sold by
Kpr Partners Llc
Bought by
Liu Liyan and Zhou Chris B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,050,750
Interest Rate
3.66%
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
Carolyn Ng As Trustee $2,840,000 --
Liu Liyan $3,212,579 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Liu Liyan $2,050,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2022 08/29/22 Off Market $3,150,000 -- --
05/25/2022 05/25/22 Sold $3,150,000 -3.1% $1,163 / Sq Ft
01/18/2022 01/18/22 For Sale $3,250,000 -- $1,200 / 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 $30,046 $240,330 $34,380 $205,950
2024 $30,046 $240,330 $37,361 $212,828
2023 $24,015 $232,879 $24,474 $208,405
2022 $18,744 $385,087 $37,361 $347,726
2021 $22,869 $360,281 $37,361 $322,920
2020 $9,202 $349,762 $37,361 $312,401
2019 $8,597 $291,465 $37,361 $254,104
2018 $18,578 $179,138 $27,555 $151,583
2017 $16,890 $165,869 $29,053 $136,816
2016 $15,536 $153,583 $33,622 $119,961
2015 -- $142,207 $37,363 $104,844
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10773997

Real Estate Board of New York (REBNY)

APN: 0091-1005