$1,750,000
$250K PRICE DROP

Estimated payment $17,327/month

Total Views 4,659
4 Beds
1 Bath
3,040 Sq Ft
$576 Price per Sq Ft

Highlights

  • City View
  • 1-minute walk to Wall Street (2,3 Line)
  • High-Rise Condominium
  • P.S. 343 The Peck Slip School Rated A
  • Wood Flooring
  • 3-minute walk to Queen Elizabeth II Garden

About This Home

Step into a piece of art history at 50 Pine Street, Apartment 10—a full-floor loft condominium nestled on a tranquil street in Manhattan’s historic Financial District. This expansive 3,000+ square foot residence was once the creative haven of renowned conceptual artist Joseph Kosuth, offering a unique blend of authenticity and functionality.Joseph Kosuth, a pivotal figure in the Conceptual Art movement, is celebrated for his innovative works that explore the relationship between language and art. His seminal piece, “One and Three Chairs” (1965), exemplifies his approach by presenting an object, its photograph, and its dictionary definition, challenging traditional perceptions of art. Owning this loft means immersing yourself in a space that once inspired groundbreaking artistic thought. The residence features hardwood floors, soaring 10’ 4” ceilings, and glass-walled interior rooms that evoke the classic charm of New York City’s artists’ lofts. With exposures in all four directions, natural light floods the space, creating an inviting atmosphere ideal for both creativity and comfort.Currently configured as a three-bedroom, one-bathroom layout with a kitchen, great room, and den, the loft is set up for live/work use, honoring its artistic heritage while providing modern conveniences. This distinctive residence invites you to craft a stunning home within a space steeped in artistic legacy. Showings are by advanced appointment only. Don’t miss the chance to own a piece of New York’s rich cultural history while enjoying contemporary living in the heart of the Financial District. Please note an assessment of $1,250 per month is in place through August 2025.

Listing Agent

Heather Stein

Sothebys International Realty License #40ST0831909 Listed on: 11/15/2024

Sothebys International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $50,436

Year Built

  • Built in 1902

HOA Fees

  • $3,375 Monthly HOA Fees

Interior Spaces

  • 3,040 Sq Ft Home
  • Wood Flooring
  • City Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Community Details

  • 20 Units
  • High-Rise Condominium
  • Financial District Subdivision
  • 12-Story Property

Listing and Financial Details

  • Legal Lot and Block 7501 / 00041

Property Details

Home Type

Condominium

Est. Annual Taxes

$50,436

Year Built

Built in 1902

Lot Details

0

HOA Fees

$3,375 per month

Listing Details

  • Property SubType: Loft
  • Property Type: Residential
  • Neighborhood: Financial District
  • Architectural Style: Loft
  • Structure Type: High Rise
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 3040.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

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

Exterior Features

  • View: City, Park/Greenbelt
  • View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None, None

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 3375.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: Condominium

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 4116.0
  • Lot Size Dimensions: 42.0 x 98.0

Building Info

  • New Construction: No
  • Units: 20
  • Total Stories: 12
  • Year Built: 1902

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 00041
  • Tax Lot: 7501
  • Tax Annual: 50436.0

Multi Family

  • Building Area Units: Square Feet

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $54,257 $433,990 $40,634 $393,356
2023 $42,567 $454,229 $40,634 $413,595
2022 $44,415 $440,015 $40,634 $399,381
2021 $53,977 $440,015 $40,634 $399,381
2020 $45,421 $487,383 $40,634 $446,749
2019 $46,001 $476,437 $40,634 $435,803
2018 $46,899 $459,781 $40,634 $419,147
2017 $43,455 $406,074 $40,634 $365,440
2016 $41,710 $395,206 $40,634 $354,572
2015 $4,433 $339,333 $40,634 $298,699
2014 $4,433 $302,715 $40,634 $262,081
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Price Changed $1,750,000 -7.9% $576 / Sq Ft
03/13/2025 03/13/25 Price Changed $1,899,999 -5.0% $625 / Sq Ft
11/15/2024 11/15/24 For Sale $1,999,999 -- $658 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Purchase History

Date Type Sale Price Title Company
Deed -- --
Deed $2,400,000 --
Deed $2,400,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $168,341 New Conventional
Previous Owner $1,440,000 Purchase Money Mortgage
Source: Public Records

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11021616

Real Estate Board of New York (REBNY)

APN: 0041-1018