NOT LISTED FOR SALE

Estimated Value: $4,587,683 - $7,929,000

3 Beds
3.5 Baths
2,175 Sq Ft
$2,769/mo HOA Fee

Last Sold August 11, 2022

Last sale price $7,500,000 $3,448 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $38,748/month

75 Days on Market

Highlights

  • Balcony
  • 3-minute walk to Franklin Street
  • 3-minute walk to Duane Park
  • P.S. 234 Independence School Rated A

About This Home

As of August 2022

56 Leonard street condominium, designed by world renowned architect Herzog & de Meuron rises into the sky as a series of stacked residences creating a cascading 60 story glass tower that has taken the mantel as NYC's most iconic landmark. The building base is seamlessly integrated with a specially commissioned work by famous sculptor Anish Kapoor blending the one of a kind streetscape with the lobby's sleek interior. Building Services: 24 hour doorman & concierge plus 17,000 square feet of amenities on the 9th and 10th floors including a Sky Estuary with a 75 foot infinity-edge lap pool, Library Lounge, Indoor/Outdoor Theatre, Children's Playroom, Landscaped Outdoor Sundeck and Hot Tub, Fitness Center & Yoga Studio, Treatment Room, Steam Room, Sauna, Private Dining Salon with separate Catering Kitchen and Conference Center. Located in the heart of Tribeca, in walking distance to some of the city's finest shops and celebrated restaurants, residents can stroll down romantic and storied streets experiencing the quaintness that has given the neighborhood a global appeal. Tribeca's famously rich architectural setting, destination galleries, museums and public art make it the cultural focal point of lower Manhattan.

Co-Listed By

Janice Chang

Douglas Elliman Real Estate License #30CH1087731

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $30,444

Year Built

  • Built in 2016

Lot Details

  • 0.29

HOA Fees

  • $2,769 Monthly HOA Fees

Home Design

  • 2,175 Sq Ft Home
  • Entry on the 31st floor

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Washer Dryer Allowed
  • Balcony

Community Details

  • 145 Units
  • 56 Leonard Condos
  • Tribeca Subdivision
  • 60-Story Property

Listing and Financial Details

  • Tax Block 00176

Property Details

Home Type

Condominium

Est. Annual Taxes

$30,444

Year Built

Built in 2016

Lot Details

0

HOA Fees

$2,769 per month

Listing Details

  • Cross Street: WEST BROADWAY and CHURCH STREET
  • Exposures: East,North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Tribeca
  • Entry Level: 31
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 60

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 2175.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2769.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: 56 LEONARD
  • Units: 145
  • Total Stories: 60
  • Year Built: 2016

Tax Info

  • Tax Block: 00176
  • Tax Annual: 30444.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2022
Closed on
Aug 10, 2022
Sold by
56 Leonard St 31 Ae Llc
Bought by
Michael W Lafetra Revocable Trust and Michael W. Lafetra, As Trustee
List Price
$7,500,000
Sold Price
$7,500,000
Views
4
Current Estimated Value
$6,119,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,380,829
Avg. Annual Appreciation
-6.12%
Original Mortgage
$4,875,000
Outstanding Balance
$4,652,858
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,466,313

Purchase Details

Closed on
Feb 15, 2017
Sold by
56 Leonard Llc
Bought by
56 Leonard St 31Ae Llc
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
Michael W Lafetra Revocable Trust $7,500,000 --
56 Leonard St 31Ae Llc $5,722,747 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michael W Lafetra Revocable Trust $4,875,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2023 06/13/23 Off Market $7,500,000 -- --
08/11/2022 08/11/22 Sold $7,500,000 0.0% $3,448 / Sq Ft
02/18/2022 02/18/22 For Sale $7,500,000 -- $3,448 / 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 $46,635 $390,604 $5,634 $384,970
2024 $46,635 $373,020 $5,634 $367,386
2023 $43,493 $354,552 $5,634 $348,918
2022 $41,368 $379,257 $5,634 $373,623
2021 $30,523 $306,980 $5,634 $301,346
2020 $33,168 $339,863 $5,634 $334,229
2019 $25,567 $332,223 $5,634 $326,589
2018 $19,240 $249,050 $5,634 $243,416
2017 $12,746 $236,560 $5,635 $230,925
2016 $12,787 $223,696 $5,634 $218,062
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10789319

Real Estate Board of New York (REBNY)

APN: 0176-1087