$4,000,000
SOLD SEP 10, 2024

471 Washington St Unit 1B New York, NY 10013

Tribeca Neighborhood
2 Beds
2.5 Baths
2,198 Sq Ft
$4,331/mo HOA Fee

Recently Sold

$1,820 Per Sq Ft

6% Below List Price

40 Days on Market

Highlights

  • High Ceiling
  • 5-minute walk to Canal Street (1,2 Line)
  • Built-In Features
  • P.S. 234 Independence School Rated A
  • Eat-In Kitchen
  • 1-minute walk to Canal Park

About This Home

As of September 2024

Welcome to sleek, modern condominium living in the perfect Tribeca location in this two-bedroom, two-and-a-half-bathroom duplex with glorious private outdoor space right off the living room.

Every detail of this meticulously designed showplace embraces clean lines and airy natural light. Ceilings soar over 11 feet high supported by bold concrete columns, and swaths of German-engineered Schuco glass wrap the northern and western exposures. Poured concrete radiant heat floors add an industrial aesthetic warmed by fine Venetian plaster walls. The chic garden level of the home is a haven for gracious entertaining and seamless indoor-outdoor living thanks to an oversized great room that flows effortlessly from sitting and dining areas to the stunning 416-square-foot private garden with a gas grill. Chefs will adore the magnificent open kitchen where white lacquer Italian cabinetry and Calacatta marble surround premium appliances. The long breakfast bar is illuminated by distinctive designer lighting, and the breathtaking 214-bottle, walk-in marble-and-glass wine room ensures your favorite vintage is always close at hand.

A powder room and large laundry room complete this well-planned level while bedrooms are tucked upstairs for optimal tranquility. The master suite is artfully crafted with wide-plank hardwood, floor-to-ceiling windows, and a massive boutique-inspired dressing room. Head to the en suite master bathroom for a spa-like experience that includes a deep soaking tub, frameless glass rain shower, and double vanity, all surrounded by luxurious stone. The second bedroom suite includes a walk-in closet and a well-appointed private bath of its own. Entrances on each floor plus a private street entrance, central HVAC, motorized shades, and a Sonos surround sound system add comfort and convenience to this unrivaled Tribeca residence.

Built in 2010, 471 Washington street is a contemporary condominium offering the perfect combination of privacy and service. Residents of the pet-friendly building enjoy 24-hour doorman service, package room and storage. With easy access to Hudson Square, SoHo, Greenwich Village and FiDi, this fantastic Tribeca location puts the finest Downtown shopping, dining and nightlife within easy reach. Sprawling Hudson River Park is just across West Street, providing 500 acres of waterfront green space and world-class recreation. Transportation is a breeze with 1 and A/C/E trains and the Holland Tunnel all nearby.

Last Agent to Sell the Property

Stephen Ferrara

Compass License #10401243834 Listed on: 02/08/2024

Compass

Co-Listed By

Clayton Orrigo

Compass License #10401238394

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $26,928

Year Built

  • Built in 2010

HOA Fees

  • $4,331 Monthly HOA Fees

Interior Spaces

  • 2,198 Sq Ft Home
  • Sound System
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Concrete Flooring

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Vanity

Laundry

  • Laundry in unit
  • Washer

Additional Features

  • Patio
  • Private Entrance
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 1502 / 00595

Community Details

Overview

  • 12 Units
  • Tribeca Subdivision
  • 6-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$26,928

Year Built

Built in 2010

Lot Details

0

HOA Fees

$4,331 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: TriBeCa
  • Entry Level: 1
  • Structure Type: Multi Family
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Interior Features: Built-in Features, Double Vanity, Eat-in Kitchen, High Ceilings, Recessed Lighting, Sound System, Walk-In Closet(s)
  • Appliances: Dishwasher, Refrigerator, Washer
  • Fireplace: No
  • Flooring: Concrete
  • Living Area: 2198.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Private Entrance
  • Patio/Porch Features: Patio

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: Common On Floor, Common Area, In Unit
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Central
  • Heating: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 4331.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 113.000000x85.000000

Building Info

  • New Construction: No
  • Units: 12
  • Total Stories: 6
  • Year Built: 2010

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 00595
  • Tax Lot: 1502
  • Tax Annual: 26928.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2024
Closed on
Sep 10, 2024
Sold by
Sachs Matthew A
Bought by
471 Washington Street Llc
Seller's Agent
Stephen Ferrara
Compass
List Price
$4,250,000
Sold Price
$4,000,000
Premium/Discount to List
-$250,000
-5.88%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.40%
Original Mortgage
$1,500,000
Outstanding Balance
$1,488,066
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,666,254

Purchase Details

Closed on
Aug 1, 2016
Sold by
Stromberg Alexander
Bought by
Sachs Matthew A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,342,500
Interest Rate
3.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2011
Sold by
471 Ve Llc
Bought by
Stromberg Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $4,000,000 --
Deed $4,775,000 --
Deed $4,775,000 --
Deed $2,647,450 --
Deed $2,647,450 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,500,000 Purchase Money Mortgage
Previous Owner $3,342,500 Purchase Money Mortgage
Previous Owner $250,000 No Value Available
Previous Owner $12,108 No Value Available
Previous Owner $1,100,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 For Sale $3,995,000 0.0% $1,818 / Sq Ft
07/14/2025 07/14/25 Off Market $3,995,000 -- --
07/07/2025 07/07/25 For Sale $3,995,000 0.0% $1,818 / Sq Ft
07/07/2025 07/07/25 Off Market $3,995,000 -- --
06/30/2025 06/30/25 For Sale $3,995,000 0.0% $1,818 / Sq Ft
06/30/2025 06/30/25 Off Market $3,995,000 -- --
06/17/2025 06/17/25 Price Changed $3,995,000 -6.0% $1,818 / Sq Ft
06/16/2025 06/16/25 For Sale $4,250,000 0.0% $1,934 / Sq Ft
06/16/2025 06/16/25 Off Market $4,250,000 -- --
06/02/2025 06/02/25 For Sale $4,250,000 0.0% $1,934 / Sq Ft
06/02/2025 06/02/25 Off Market $4,250,000 -- --
05/19/2025 05/19/25 For Sale $4,250,000 0.0% $1,934 / Sq Ft
05/19/2025 05/19/25 Off Market $4,250,000 -- --
04/23/2025 04/23/25 Price Changed $4,250,000 -5.6% $1,934 / Sq Ft
04/14/2025 04/14/25 For Sale $4,500,000 0.0% $2,047 / Sq Ft
04/14/2025 04/14/25 Off Market $4,500,000 -- --
03/19/2025 03/19/25 For Sale $4,500,000 +12.5% $2,047 / Sq Ft
09/10/2024 09/10/24 Sold $4,000,000 -5.9% $1,820 / Sq Ft
03/20/2024 03/20/24 Pending -- -- --
02/08/2024 02/08/24 For Sale $4,250,000 -- $1,934 / 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 $29,090 $240,122 $13,799 $226,323
2024 $29,090 $232,679 $44,349 $217,900
2023 $26,429 $215,444 $12,653 $202,791
2022 $24,407 $818,024 $44,349 $773,675
2021 $18,397 $654,412 $44,349 $610,063
2020 $18,706 $702,169 $44,349 $657,820
2019 $14,099 $693,240 $44,349 $648,891
2018 $13,207 $165,726 $9,892 $155,834
2017 $8,647 $153,450 $10,360 $143,090
2016 $8,178 $142,084 $10,579 $131,505
2015 $1,109 $142,084 $11,200 $130,884
2014 $1,109 $137,680 $9,042 $128,638
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10963042

Real Estate Board of New York (REBNY)

APN: 0595-1502