Landlord's Agent in 2024
Ben Jacobs
Douglas Elliman Real Estate
(305) 695-6300
2 in this area
65 Total Sales
48 Canal St Unit 3 New York, NY 10002
Chinatown NeighborhoodEstimated Value: $1,805,000 - $2,117,000
1
Bed
2
Baths
1,400
Sq Ft
1910
Built
Highlights
- City View
- 1-minute walk to East Broadway
- Central Air
- P.S. 2 Meyer London Rated A
- No HOA
- 2-minute walk to Allen Mall One
About This Home
As of April 2024Introducing this true oversized 1 bedroom, 2 bathrooms artist loft located in one of the most stylish neighborhoods of Manhattan. Residence 3 offers a spacious layout spanning over 1,400 square feet. The hand selected blond wood flooring and original wooden beams set the tone throughout this stylish and authentic loft.
The key-locked elevator welcomes you to a private landing flawlessly opening onto a large luminous entertaining space flooded with southern light. The sleek industrial design chef's kitchen offers outstanding custom glass cabinetry, stainless steel countertops, handpicked tiles backsplash, and a large island perfect for entertaining, that connects directly to your dining room.
On the North side of the apartment is the private quarters with the Primary Bedroom featuring a wall of windows, an abundance of closet space, and a dressing room leading to the spa en-suite bathroom. The primary bathroom features both a jacuzzi and a beautiful Italian shower all clad in black and white tiles. There is a second full bathroom for your guest down the hall as well.
Additional features include central air-conditioning, washer/dryer, and a security system with motion detectors. 48 Canal Street is a pre-war condominium building in downtown Manhattan's Lower East Side, where the East meets the West ambiance, culture and artistry. Perfectly situated between Orchard and Ludlow Streets and just a block away to the F Train, Seward Park and Sarah Roosevelt Park. This elevator building is quiet and private, having 7 stories with just one apartment per floor. Surrounded by tons of eclectic restaurants, you'll realize you found the best combination of location, space, and character in Dimes Square.
Last Agent to Rent the Property
Douglas Elliman Real Estate License #10301207815 Listed on: 02/09/2024
Condo Details
Home Type
- Condominium
Est. Annual Taxes
- $18,731
Year Built
- Built in 1910
Home Design
- Entry on the 3rd floor
Interior Spaces
- 1,400 Sq Ft Home
- City Views
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Washer Dryer Allowed
- Washer Hookup
Utilities
- Central Air
Community Details
- No Home Owners Association
- 8 Units
- Chinatown Subdivision
- 7-Story Property
Listing and Financial Details
- Property Available on 2/12/24
- Legal Lot and Block 7501 / 00294
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 23, 2007
Sold by
Hondros Kathleen and Hondros Paul
Bought by
Wong Gary C
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$121,589
Interest Rate
6.25%
Estimated Equity
$1,854,811
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wong Gary C | $1,375,000 | -- | |
| Wong Gary C | $1,375,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wong Gary C | $200,000 | |
| Closed | Wong Gary C | $200,000 | |
| Open | Wong Gary C | $1,000,000 | |
| Closed | Wong Gary C | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/02/2024 04/02/24 | Rented | $10,000 | +2.6% | -- |
| 03/25/2024 03/25/24 | Price Changed | $9,750 | +974900.0% | $7 / Sq Ft |
| 02/12/2024 02/12/24 | For Rent | $1 | -100.0% | -- |
| 05/01/2023 05/01/23 | Rented | $9,500 | -5.0% | -- |
| 04/25/2023 04/25/23 | For Rent | $10,000 | 0.0% | -- |
| 04/25/2023 04/25/23 | Price Changed | $10,000 | -4.8% | $7 / Sq Ft |
| 04/25/2023 04/25/23 | Under Contract | -- | -- | -- |
| 04/21/2023 04/21/23 | Price Changed | $10,500 | -12.5% | $8 / Sq Ft |
| 03/10/2023 03/10/23 | For Rent | $12,000 | +50.0% | -- |
| 04/20/2022 04/20/22 | Off Market | $8,000 | -- | -- |
| 12/03/2020 12/03/20 | Rented | -- | -- | -- |
| 06/01/2016 06/01/16 | Rented | -- | -- | -- |
| 06/01/2016 06/01/16 | Rented | $8,000 | 0.0% | -- |
| 05/02/2016 05/02/16 | Under Contract | -- | -- | -- |
| 03/24/2016 03/24/16 | For Rent | $8,000 | +0.6% | -- |
| 11/07/2004 11/07/04 | For Rent | $7,950 | -- | -- |
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 | $18,731 | $154,612 | $13,094 | $141,518 |
| 2024 | $18,731 | $149,821 | $20,988 | $134,595 |
| 2023 | $17,017 | $138,723 | $15,177 | $123,546 |
| 2022 | $15,716 | $207,783 | $20,988 | $186,795 |
| 2021 | $19,178 | $244,460 | $20,988 | $223,472 |
| 2020 | $18,056 | $237,324 | $20,988 | $216,336 |
| 2019 | $14,762 | $197,771 | $20,988 | $176,783 |
| 2018 | $17,841 | $140,271 | $17,863 | $122,408 |
| 2017 | $16,520 | $129,881 | $19,220 | $110,661 |
| 2016 | $15,504 | $120,261 | $18,939 | $101,322 |
| 2015 | $8,610 | $117,867 | $16,519 | $101,348 |
| 2014 | $8,610 | $109,137 | $18,358 | $90,779 |
Source: Public Records
Agents Affiliated with this Home
-
Ben Jacobs
-
Jessica Chestler
Landlord's Co-Listing Agent in 2024
Jessica Chestler
Douglas Elliman Real Estate
(914) 439-5717
2 in this area
68 Total Sales
-
Vicki Musso
Seller's Agent in 2020
Vicki Musso
Compass
(917) 885-6988
16 Total Sales
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10949435
APN: 0294-1003
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.
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