NOT LISTED FOR SALE

Estimated Value: $534,000 - $635,000

1 Bed
1 Bath
776 Sq Ft
$1,310/ mo HOA Fee

Last Sold April 04, 2020

Last sale price $599,000 $772 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,685/month

183 Days on Market

Highlights

  • Pre War Building
  • 2-minute walk to Wall Street (2,3 Line)
  • Central Air
  • P.S. 343 The Peck Slip School Rated A
  • Entrance Foyer
  • 3-minute walk to Queen Elizabeth II Garden

About This Home

As of April 2020

Move into this beautiful and bright, true one bedroom, one bathroom condominium, built in 1893 and converted in 2005. This unique corner unit with northern, eastern, and southern exposures is in excellent condition, and was recently updated to include new hardwood oak flooring throughout.



This spacious 776 square foot apartment features open unobstructed views from the 14th floor, soaring 9.5 foot ceilings, nine large windows, generous closet space, and central air conditioning. The open concept kitchen is fully equipped with modern appliances, custom cabinetry, and black granite countertops. The generous living area in this home provides ample space for both living and dining.



The building is pet friendly and boasts numerous amenities, including recently renovated lobby and hallways, a fitness center, library, lounge, game room, wet bar, and laundry conveniently located on every floor.



56 Pine Street, the historic Cambridge Club built in 1893, is a gorgeous landmark building in Manhattan?s financial district ? a booming neighborhood home to Brookfield Place and the Oculus. Renowned restaurants such as Chef James Kent?s Crown Shy, Danny Meyer?s Manhatta, and Jean George?s The Fulton are moments away. 56 Pine Street is also in close proximity to Pier 17 and the vibrant Seaport District! The building is conveniently located close to all major transportation lines.



Working Capital Contribution (3 months common charges) paid by buyer.



Special assessment in place since 9/1/17 in the amount of $140/month.



By virtue of the fact that this is a Compass Listing, you or any buyer will have access to Compass Bridge Loan Services to purchase this home.

Co-Listed By

Julie Kopel

Compass License #10301212269

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,540

Year Built

  • Built in 1894

HOA Fees

  • $1,310 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 14th floor

Interior Spaces

  • 776 Sq Ft Home
  • Entrance Foyer

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7503 / 41

Community Details

Overview

  • Financial District Subdivision
  • 16-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,540

Year Built

Built in 1894

Lot Details

0 Sq Ft Lot

HOA Fees

$1,310 per month

Listing Details

  • Cross Street: Pearl Street/William Street
  • Exposures: East,North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Financial District
  • Architectural Style: Prewar
  • Entry Level: 14
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 16

Interior Features

  • Interior Features: Dining Area, Entrance Foyer
  • Living Area: 776.0
  • Living Area Units: Square Feet

Beds/Baths

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common On Floor, Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1310.0
  • 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: 16
  • Year Built: 1894

Tax Info

  • Tax Block: 41
  • Tax Lot: 7503
  • Tax Annual: 12540.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2024
Sold by
Bernardini Giovanna
Bought by
Keating Connor and Mikkelsen Olivia
Current Estimated Value
$587,849

Purchase Details

Listed on
Sep 25, 2019
Closed on
Apr 1, 2020
Sold by
Howard Schwartz Family Llc and % : Bne Associates
Bought by
Bernardini Giovanna
List Price
$599,000
Sold Price
$599,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.31%

Purchase Details

Closed on
Dec 8, 2005
Sold by
56 Pine Llc
Bought by
Howard Schwartz Family Llc
Source: Public Records
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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
Keating Connor $570,000 --
Bernardini Giovanna $599,000 --
Bernardini Giovanna $599,000 --
Howard Schwartz Family Llc $500,000 --
Howard Schwartz Family Llc $500,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2020 04/04/20 Sold $599,000 0.0% $772 / Sq Ft
03/28/2020 03/28/20 Pending -- -- --
09/26/2019 09/26/19 For Sale $599,000 0.0% $772 / Sq Ft
03/26/2019 03/26/19 For Rent $2,995 0.0% --
03/26/2019 03/26/19 Rented -- -- --
06/12/2017 06/12/17 Rented -- -- --
05/13/2017 05/13/17 Under Contract -- -- --
04/28/2017 04/28/17 For Rent $2,995 -- --
Source: Real Estate Board of New York (REBNY)

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 $15,390 $124,888 $14,525 $110,363
2024 $15,390 $123,103 $14,525 $108,578
2023 $14,875 $121,263 $14,525 $106,738
2022 $14,273 $118,595 $14,525 $104,070
2021 $14,548 $118,595 $14,525 $104,070
2020 $14,329 $131,325 $14,525 $116,800
2019 $12,541 $128,377 $14,525 $113,852
2018 $13,260 $123,900 $14,525 $109,375
2017 $12,334 $115,634 $14,525 $101,109
2016 $11,420 $97,157 $14,525 $82,632
2015 $1,612 $101,031 $14,525 $86,506
2014 $1,612 $92,247 $14,525 $77,722
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10603655

Real Estate Board of New York (REBNY)

APN: 0041-1274

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