NOT LISTED FOR SALE

55 White St Unit PHA New York, NY 10013

Tribeca Neighborhood

Estimated Value: $3,671,000 - $5,003,000

3 Beds
2.5 Baths
2,625 Sq Ft
$2,169/mo HOA Fee

Last Sold December 03, 2018

Last sale price $4,995,000 $1,903 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $32,333/month

Highlights

  • Rooftop Deck
  • 3-minute walk to Canal Street (N,Q,R Line)
  • Pre War Building
  • P.S. 397 Spruce Street School Rated A
  • City View
  • 3-minute walk to Collect Pond Park

About This Home

As of December 2018

First time ever brought to market, PHA is the crown jewel of 55 White Street, a boutique landmarked TriBeCa condominium defined by its stunning cast iron facade. A true sanctuary in the sky, this home is the epitome of indoor/outdoor living, featuring 1,525 square feet of beautifully landscaped wrap around terraces with phenomenal views of the Empire State Building, Chrysler Building, Hudson Yards and beyond.

Upon entering the main level by key-locked elevator, exquisite terrace and city views abound from every angle. Light floods through 14 oversized windows surrounding the main level with an open and airy feel. Each window is wrapped with custom millwork and provides exceptional insulation and soundproofing. The spacious living and dining areas provide a wonderful flow complemented by 11? ceilings which open to the idyllic terrace, perfect for your morning coffee, entertaining or a quiet night at home. These rooms are partially separated by a wood-burning fireplace leaving the optimal balance of privacy and openness between both spaces. The bright eat-in-kitchen directly off the dining area is outfitted with upgraded appliances by Sub-Zero, Miele, Gaggenau and Bosch.

As you make way to the lower level, two skylights lead you to three oversized bedrooms. The second wraparound terrace is accessible from the master suite. The master is quite impressive and includes a wood-burning fireplace, large walk-in closet, formal sitting area and en-suite bath. The two peaceful secondary bedrooms are generously sized and provide beautiful views of the terrace and the Empire State Building. This level is complete with an abundance of closet space and new Bosch washer dryer with vent. Both floors have direct elevator access allowing for seamless luggage transportation or deliveries.

The home has automated storm shutters throughout the exterior which provide excellent security and insulation. Recent improvements include a Nest security system, Ecobee thermostat and new hot water heater.

55 White Street was built in 1861 and designed by John Kellum & Son, an important fixture in the development and design of cast-iron architecture, to serve as a saddle factory for saddlers John and Samuel Condict. Converted to condominiums in 1988, amenities include a full-time super, bike storage, a new elevator and landscaped roof deck. Located in covetable TriBeCa steps from the city?s finest restaurants, shopping and parks, including the Hudson River waterfront, and local transportation. This is truly a special piece of New York City to call home.

Last Agent to Sell the Property

Eric Brown

Compass License #10401240443 Listed on: 09/06/2018

Compass

Co-Listed By

Mary Roth

Compass License #10401217550

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $49,464

Year Built

  • Built in 1861

Lot Details

  • 5,793

HOA Fees

  • $2,169 Monthly HOA Fees

Home Design

  • Pre War Building

Interior Spaces

  • 2,625 Sq Ft Home
  • City Views
  • Intercom

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Terrace
  • North Facing Home

Listing and Financial Details

  • Legal Lot and Block 7503 / 175

Community Details

Overview

  • Tribeca Subdivision
  • 7-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$49,464

Year Built

Built in 1861

Lot Details

0

HOA Fees

$2,169 per month

Listing Details

  • Cross Street: Broadway/Church Street
  • Exposures: North
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: Tribeca
  • Architectural Style: Prewar
  • Entry Level: 7
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Interior Features: Dining Area
  • Equipment (Other): Intercom
  • Living Area: 2625.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Roof Deck
  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2169.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 7
  • Year Built: 1861

Tax Info

  • Tax Block: 175
  • Tax Lot: 7503
  • Tax Annual: 49464.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2018
Closed on
Dec 3, 2018
Sold by
Edwin Cahill As Trustee and The Karl Kemp Revocable Living Trust
Bought by
Gray David
Seller's Agent
Eric Brown
Compass
List Price
$4,995,000
Sold Price
$4,995,000
Current Estimated Value
$4,406,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$588,847
Avg. Annual Appreciation
-2.01%
Original Mortgage
$2,700,000
Outstanding Balance
$2,392,599
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,971,412

Purchase Details

Closed on
Sep 28, 2017
Sold by
Kemp Karl
Bought by
Karl Kemp Revocable Living Trust Ua 9-28 and Karl Kemp Trustee Of The Karl Kemp Rev
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
Gray David $4,700,000 --
Karl Kemp Revocable Living Trust Ua 9-28 -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gray David $65,000
Open Gray David $2,700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2018 12/03/18 Sold $4,995,000 0.0% $1,903 / Sq Ft
09/06/2018 09/06/18 For Sale $4,995,000 -- $1,903 / Sq Ft
09/06/2018 09/06/18 Pending -- -- --
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 $69,111 $557,890 $46,944 $510,946
2024 $69,111 $552,803 $46,944 $505,859
2023 $55,895 $552,304 $46,944 $505,360
2022 $53,044 $525,506 $46,944 $478,562
2021 $64,464 $525,506 $46,944 $478,562
2020 $35,024 $582,104 $46,944 $535,160
2019 $64,412 $568,987 $46,944 $522,043
2018 $59,970 $524,801 $46,944 $477,857
2017 $55,758 $504,265 $46,944 $457,321
2016 $52,342 $503,073 $46,944 $456,129
2015 $15,473 $452,461 $46,944 $405,517
2014 $15,473 $431,130 $46,944 $384,186
Source: Public Records

Agents Affiliated with this Home

  • Eric Brown

    Seller's Agent in 2018

    Eric Brown

    Compass

    (917) 940-0676

    10 in this area

    43 Total Sales

    Eric Brown
    Section Image
  • Mary Roth

    Seller Co-Listing Agent in 2018

    Mary Roth

    Compass

    (917) 226-7448

    7 in this area

    36 Total Sales

    Mary Roth
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10425097

Real Estate Board of New York (REBNY)

APN: 0175-1218

New York New York County New York 10013 Tribeca

55 White St Unit PHA, New York, NY

This home is located at 55 White St Unit PHA, New York, NY 10013 since 06 September 2018 and is currently estimated at $4,406,153, approximately $1,678 per square foot. This property was built in 1861. 55 White St Unit PHA is a home located in New York County with nearby schools including P.S. 397 Spruce Street School, Lower Manhattan Community Middle School, and Clinton School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) 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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