NOT LISTED FOR SALE

Estimated Value: $555,422 - $598,000

1 Bed
1 Bath
775 Sq Ft
1894 Built

Last Sold October 10, 2013

Last sale price $690,000 $890 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $4,202/month

Highlights

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

About This Home

As of April 2020

This spacious 775 sq ft condo has an open plan bedroom and a grand living room. High ceilings, oversized windows, wood floors, brand new individually controlled central heating and AC. Good sized clean bathroom with room for storage. Designer kitchen with custom modern cabinetry, electric glass cooktop range, stainless steel refrigerator, and granite counters.



Located only a block away from Wall Street on 8th floor in a gorgeous Landmark Pre-War full service and pets friendly building. New laundry machines on every floor. 56 Pine has a full club floor with two entertainment lounges, media room with wireless internet access, large TV, and event facility with wet bar. Fitness center with new equipment, and game area with a billiards table exclusively for residents and their guests. Close walking distance to the 2,3,4,5,A,C, N & R Trains, NY's ferry services and South Street Seaport!

Last Agent to Rent the Property

Hayley Vecchio

Douglas Elliman Real Estate License #10401283067 Listed on: 02/11/2020

Douglas Elliman Real Estate

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,436

Year Built

  • Built in 1894

Home Design

  • 775 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • No Cooling

Community Details

  • 90 Units
  • Finldist Subdivision

Listing and Financial Details

  • Property Available on 2/11/20
  • Tax Block 41

Condo Details

Home Type

Condominium

Est. Annual Taxes

$12,436

Year Built

Built in 1894

Lot Details

0

Rental Info

  • Available Date: 2020-02-11

Listing Details

  • Cross Street: Pearl & William Streets
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: FINLDIST
  • Architectural Style: Prewar
  • Entry Level: 8
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Living Area: 775.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: No

Condo/Co-op/Association

  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Units: 90
  • Year Built: 1894

Tax Info

  • Tax Block: 41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2013
Closed on
Oct 10, 2013
Sold by
Milev Vesselin and Mileva Margarita
Bought by
Eugenia M Vecchio Trustee and Kensico Properties
List Price
$690,000
Sold Price
$690,000
Current Estimated Value
$573,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$116,895
Avg. Annual Appreciation
-1.56%

Purchase Details

Closed on
Oct 14, 2005
Sold by
56 Pine Llc
Bought by
Milev Vesselin and Mileva Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
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
Eugenia M Vecchio Trustee $690,000 --
Milev Vesselin $505,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Milev Vesselin $404,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2020 04/08/20 Rented -- -- --
03/09/2020 03/09/20 Under Contract -- -- --
02/11/2020 02/11/20 For Rent $3,100 +5.1% --
04/05/2018 04/05/18 Rented -- -- --
03/06/2018 03/06/18 Under Contract -- -- --
02/07/2018 02/07/18 For Rent $2,950 0.0% --
10/10/2013 10/10/13 Sold $690,000 0.0% $890 / Sq Ft
09/10/2013 09/10/13 Pending -- -- --
03/22/2013 03/22/13 For Sale $690,000 -- $890 / 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 $12,436 $100,912 $11,736 $89,176
2024 $12,436 $99,470 $11,736 $87,734
2023 $12,020 $97,983 $11,736 $86,247
2022 $11,724 $95,827 $11,736 $84,091
2021 $11,755 $95,827 $11,736 $84,091
2020 $11,578 $106,113 $11,736 $94,377
2019 $10,133 $103,732 $11,736 $91,996
2016 $9,227 $78,505 $11,736 $66,769
2015 $1,302 $81,635 $11,736 $69,899
2014 $1,302 $74,538 $11,737 $62,801
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10621060

Real Estate Board of New York (REBNY)

APN: 0041-1241