42 Ann St Unit 5 New York, NY 10038
Financial District Neighborhood
3
Beds
3
Baths
2,708
Sq Ft
$1,145/mo
HOA Fee
Highlights
- Pre War Building
- 1-minute walk to Fulton Street (J,M,Z Line)
- New Windows
- P.S. 397 Spruce Street School Rated A
- Den
- 3-minute walk to DeLury Square
About This Home
As of July 2022As the elevator opens directly into this floor-through (and block-through) loft you are welcomed by the gracious foyer. Looking south, you are captivated by a 1,000+ square-foot grand salon with its soaring barrel-vaulted ceilings and a breath-taking floor-to-ceiling south-facing Palladian window. This space is tastefully sectioned into areas for entertaining, eating, reading, media, and an over-the-top gourmet kitchen at the center of it all. If one is needed, an additional sleeping area or two could be easily added.
The private quarters on the northern end of the loft house the oversized master suite with generous closet space and a spa-quality, 5-star hotel bath. Additionally, there is a second bedroom the size of most masters and a flex space that houses a sectioned laundry area and a third sleeping area. Additional features include central air, hardwood floors, Creston smart system, top-of-the-line appliances, custom millwork, and storage throughout. All are housed in a true boutique building with a grand lobby and virtual doorman. Located in the 'in-the-know' section of the resurgent financial district and close to destination shops, restaurants, and every major subway line.
42 Ann Street, is at the beginning of year 12 of a 15-year 421G tax abatement. Unabated, the current tax would be $1,906/month.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $17,520
Year Built
- Built in 1892
HOA Fees
- $1,145 Monthly HOA Fees
Home Design
- Pre War Building
Interior Spaces
- 2,708 Sq Ft Home
- New Windows
- Entrance Foyer
- Den
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Utilities
- Central Air
Community Details
- Seaport District Subdivision
- 10-Story Property
Listing and Financial Details
- Legal Lot and Block 7503 / 91
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 12, 2024
Sold by
Chiu Melissa and Genocchio Benjamin
Bought by
Gesmer Ellen
Purchase Details
Closed on
Apr 2, 2015
Sold by
Kpr Partners Llc
Bought by
Chiu Melissa and Genocchio Benjamin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,285,000
Interest Rate
3.84%
Mortgage Type
Purchase Money Mortgage
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $2,620,000 | -- | |
| Deed | $3,265,000 | -- | |
| Deed | $3,265,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $2,285,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | For Sale | $2,495,000 | 0.0% | $921 / Sq Ft |
| 07/18/2025 07/18/25 | Off Market | $2,495,000 | -- | -- |
| 07/11/2025 07/11/25 | For Sale | $2,495,000 | 0.0% | $921 / Sq Ft |
| 07/11/2025 07/11/25 | Off Market | $2,495,000 | -- | -- |
| 07/04/2025 07/04/25 | For Sale | $2,495,000 | 0.0% | $921 / Sq Ft |
| 07/04/2025 07/04/25 | Off Market | $2,495,000 | -- | -- |
| 06/27/2025 06/27/25 | For Sale | $2,495,000 | 0.0% | $921 / Sq Ft |
| 06/27/2025 06/27/25 | Off Market | $2,495,000 | -- | -- |
| 06/20/2025 06/20/25 | For Sale | $2,495,000 | 0.0% | $921 / Sq Ft |
| 06/20/2025 06/20/25 | Off Market | $2,495,000 | -- | -- |
| 06/13/2025 06/13/25 | For Sale | $2,495,000 | 0.0% | $921 / Sq Ft |
| 06/13/2025 06/13/25 | Off Market | $2,495,000 | -- | -- |
| 06/06/2025 06/06/25 | For Sale | $2,495,000 | 0.0% | $921 / Sq Ft |
| 06/06/2025 06/06/25 | Off Market | $2,495,000 | -- | -- |
| 05/21/2025 05/21/25 | For Sale | $2,495,000 | -20.2% | $921 / Sq Ft |
| 07/13/2022 07/13/22 | Sold | $3,125,000 | -3.8% | $1,154 / Sq Ft |
| 03/19/2022 03/19/22 | Price Changed | $3,250,000 | 0.0% | $1,200 / Sq Ft |
| 03/19/2022 03/19/22 | For Sale | $3,250,000 | +4.0% | $1,200 / Sq Ft |
| 07/11/2010 07/11/10 | Off Market | $3,125,000 | -- | -- |
| 02/17/2010 02/17/10 | For Sale | $3,125,000 | -- | $1,154 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
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
-
Avi Alkotzer
Seller's Agent in 2025
Avi Alkotzer
Compass
(646) 436-2242
6 in this area
37 Total Sales
-
Martin Eiden
Seller's Agent in 2022
Martin Eiden
Compass
(917) 701-8898
2 in this area
82 Total Sales
-
Alex Mahgoub
Seller Co-Listing Agent in 2022
Alex Mahgoub
Compass
(347) 575-3344
1 in this area
48 Total Sales
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10782508
APN: 0091-1006
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