NOT LISTED FOR SALE

42 Crosby St Unit 5N New York, NY 10012

SoHo Neighborhood

Estimated Value: $6,714,000 - $7,356,000

3 Beds
3 Baths
2,793 Sq Ft
$6,987/mo HOA Fee

Last Sold May 17, 2023

Last sale price $7,000,000 $2,506 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $50,671/month

47 Days on Market

Highlights

  • Balcony
  • 3-minute walk to Spring Street (4,6 Line)
  • 2-minute walk to Lt. Peterosino Square
  • P.S. 130 - Hernando De Soto Rated A
  • Garage

About This Home

As of May 2023

This 5th-floor unit at 42 Crosby is a spectacular 2,793-square-foot, private floor, 3-bedroom, 3-bath home, and includes a deeded parking space and storage.

Enter directly by key-locked elevator, and, once past the foyer, you enter the living room, flanked by 10'9" floor to ceiling windows, allowing both East and West light to shine through all day long. Here, you encounter a towering onyx fireplace inspired by Gio Ponti's iconic 1930s mirror, the pi ce de r sistance of the apartment, according to Architectural Digest, where this property was recently featured.

The Boffi kitchen with stainless-steel cabinetry is ready for chefs of all levels. With a full suite of Gaggenau appliances, access to the 213-square-foot, north and west-facing balcony, and color glass pendants from 1stDibs is a sight to behold.

The oversized primary bedroom is a dream, with its wall of east-facing, floor-to-ceiling windows, dual dressing rooms, and a windowed bath with Bardiglio marble walls, double vanities, soaking tub, spa shower, and separate toilet.

The large second bedroom also has an en-suite bath, plus a balcony overlooking the building's private garden. The third bedroom is currently configured as a media room with custom-made, highly-textured plaster by artist Benjamin Lai.

With custom details, including plasterwork in all main rooms, beautiful 9-inch oak flooring, and exterior motorized solar shades throughout, 5N is truly a rare Soho offering. The apartment has its own laundry room with a full-size, vented washer and dryer, and a laundry sink.

42 Crosby Street is a sold-out, ground-up new construction condo designed by Annabel Seldorf Architects. The condo features a 24-hour doorman and concierge; a car elevator to onsite private parking and storage room included with the purchase price, plus an emergency generator. Pets are allowed.Live your very best among the luxury retail and food that Soho offers just outside your door.

Last Agent to Sell the Property

Steven Gold

Corcoran Group License #10301217491 Listed on: 01/18/2023

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $71,028

Year Built

  • Built in 2017

HOA Fees

  • $6,987 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 2,793 Sq Ft Home
  • Entry on the 5th floor

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Additional Features

  • Dishwasher
  • Balcony

Community Details

  • 10 Units
  • 42 Crosby Condos
  • Soho Subdivision
  • 7-Story Property

Listing and Financial Details

  • Tax Block 00483

Property Details

Home Type

Condominium

Est. Annual Taxes

$71,028

Year Built

Built in 2017

Lot Details

0

HOA Fees

$6,987 per month

Listing Details

  • Cross Street: BROOME STREET and SPRING STREET
  • Exposures: East,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Soho
  • Entry Level: 5
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Appliances: Dryer, Dishwasher, Washer Dryer Allowed, Washer
  • Living Area: 2793.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 6987.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Building Name: 42 Crosby
  • Units: 10
  • Total Stories: 7
  • Year Built: 2017

Tax Info

  • Tax Block: 00483
  • Tax Annual: 71028.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2023
Closed on
May 17, 2023
Sold by
Paine Schwartz Partners Properties Llc
Bought by
Flow Heather M
Seller's Agent
Steven Gold
Corcoran Group
List Price
$7,395,000
Sold Price
$7,000,000
Premium/Discount to List
-$395,000
-5.34%
Views
52
Current Estimated Value
$7,119,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,485
Avg. Annual Appreciation
0.66%
Original Mortgage
$640,445
Outstanding Balance
$621,951
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$6,497,534

Purchase Details

Listed on
Oct 2, 2017
Closed on
Mar 14, 2019
Sold by
Broome Street Owner Llc and % : Atlas Capital Group
Bought by
Paine Schwartz Partners Properties Llc
Seller's Agent
Jade Chan
Douglas Elliman Real Estate
List Price
$7,600,000
Sold Price
$7,600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.95%
Original Mortgage
$3,375,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Flow Heather M $7,000,000 --
Paine Schwartz Partners Properties Llc $6,750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flow Heather M $640,445
Previous Owner Paine Schwartz Partners Properties Llc $3,375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2023 05/17/23 Sold $7,000,000 -5.3% $2,506 / Sq Ft
03/07/2023 03/07/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $7,395,000 -2.7% $2,648 / Sq Ft
03/14/2019 03/14/19 Sold $7,600,000 0.0% $2,721 / Sq Ft View Prior Sale
02/01/2019 02/01/19 Pending -- -- --
12/01/2017 12/01/17 For Sale $7,600,000 -- $2,721 / 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 $74,805 $599,460 $54,471 $544,989
2024 $74,805 $598,343 $54,471 $543,872
2023 $76,095 $620,320 $54,471 $565,849
2022 $75,644 $674,940 $54,471 $620,469
2021 $69,575 $567,172 $54,471 $512,701
2020 $78,317 $627,894 $54,471 $573,423
2019 $76,781 $613,765 $54,471 $559,294
2018 $102,859 $815,565 $54,471 $761,094
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10848507

Real Estate Board of New York (REBNY)

APN: 0483-1110