NOT LISTED FOR SALE

481 Washington St Unit 1S New York, NY 10013

Hudson Square Neighborhood

Estimated Value: $4,256,476

3 Beds
3.5 Baths
4,106 Sq Ft
6,795 Sq Ft Lot

Highlights

  • Pre War Building
  • P.S. 3 Charrette School Rated A
  • 1-minute walk to Canal Park

About This Home

As of August 2023

Spectacular 4106 square foot first floor elevated duplex with 13 ft ceilings in turn of the century converted Spice Warehouse overlooking Hudson Square Park.

This private residence perfectly combines Old World character with modern conveniences. Historic cast iron columns, original exposed bricks, expansive wood beam with original brace work and 4" plank Appalachian white oak flooring are just some of the highlights. Open gourmet kitchen with Newport Shaker style cabinetry, 6-burner Wolf range with vented hood, 56 bottle wine cooler and double door refrigerator by Liebherr and apron-front farmhouse sink. Oversized Master suite with generous fully outfitted closets and opulant master bath with Italian Carrara marble - tiled walls, radiant heat flooring and dual pedestal cast iron soaking tub. 2 additional bedrooms w/ 2 full marble baths and an expansive recreation area with it's own half bath. W/D vent out. Upper level 2762 SF, lower level 1344 SF.

Partly attended lobby, virtual doorman and bicycle storage. With only 14 apartments in the entire building, this is a rare and limited offering for the most discerning of residents. Come enjoy this private and quiet corner of NYC, with easy access to all of the best restaurants, retail and galleries that SoHo and Tribeca have to offer. Please contact me now to schedule your appointment to view this amazing and unique turn-key property.

Last Agent to Rent the Property

Bertrand Buchin

Douglas Elliman Real Estate License #10301202558 Listed on: 06/28/2023

Douglas Elliman Real Estate

Co-Listed By

Eliza Shaw

Douglas Elliman Real Estate License #10401317554

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $50,448

Year Built

  • Built in 1900

Lot Details

  • 6,795

Home Design

  • 4,106 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Community Details

  • 12 Units
  • Spice Warehouse Condos
  • Tribeca Subdivision
  • 7-Story Property

Listing and Financial Details

  • Property Available on 6/28/23
  • Tax Block 00595

Condo Details

Home Type

Condominium

Est. Annual Taxes

$50,448

Year Built

Built in 1900

Lot Details

0

Rental Info

  • Available Date: 2023-06-28

Listing Details

  • Cross Street: CANAL STREET and HOLLAND TUNNEL ENTRANCE
  • Exposures: East,West
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Tribeca
  • Architectural Style: Prewar
  • Entry Level: 1
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 4106.0
  • Living Area Units: Square Feet
  • Rooms (Total): 7

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 3

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Building Name: Spice Warehouse
  • Units: 12
  • Total Stories: 7
  • Year Built: 1900

Tax Info

  • Tax Block: 00595

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2025
Sold by
481 Water Llc and Jaba Group Llc
Bought by
Sullivan Robert and Wick Elizabeth
Current Estimated Value
$4,256,476

Purchase Details

Closed on
Dec 28, 2020
Sold by
481 Water Llc and 900 Neon Llc
Bought by
481 Water Llc and Jaba Group Llc

Purchase Details

Listed on
Mar 30, 2016
Closed on
May 25, 2016
Sold by
481 Water Llc and % Atkins & Breskin Llc
Bought by
481 Water Llc
Seller's Agent
Bertrand Buchin
Douglas Elliman Real Estate
Sold Price
$16,500
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
Sullivan Robert $4,250,000 --
481 Water Llc -- --
481 Water Llc $2,100,000 --
481 Water Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 481 Water Llc $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2023 08/14/23 Rented $16,500 -13.2% --
07/19/2023 07/19/23 Under Contract -- -- --
07/15/2023 07/15/23 For Rent $19,000 +15.2% --
04/02/2019 04/02/19 Rented -- -- --
03/03/2019 03/03/19 Under Contract -- -- --
02/07/2019 02/07/19 For Rent $16,500 -2.9% --
05/10/2016 05/10/16 Rented -- -- --
04/10/2016 04/10/16 Under Contract -- -- --
03/31/2016 03/31/16 For Rent $17,000 -- --
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 $50,448 $477,452 $30,038 $447,414
2024 $50,448 $476,281 $30,038 $446,243
2023 $53,823 $505,569 $30,038 $475,531
2022 $50,695 $471,359 $30,038 $441,321
2021 $47,744 $446,459 $30,038 $416,421
2020 $47,965 $672,071 $30,038 $642,033
2019 $38,290 $582,433 $30,038 $552,395
2018 $29,439 $508,600 $30,038 $478,562
2017 $21,062 $284,072 $30,039 $254,033
2016 $17,506 $228,860 $30,039 $198,821
2015 -- $216,951 $30,039 $186,912
2014 -- $161,522 $30,038 $131,484
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10878183

Real Estate Board of New York (REBNY)

APN: 0595-1602