NOT LISTED FOR SALE

Estimated Value: $3,739,492 - $4,431,000

2 Beds
2.5 Baths
1,962 Sq Ft
$1,987/mo HOA Fee

Last Sold November 22, 2016

Last sale price $4,240,000 $2,161 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $26,572/month

93 Days on Market

Highlights

  • Newly Remodeled
  • 2-minute walk to Canal Street (N,Q,R Line)
  • 3-minute walk to Tribeca Park
  • P.S. 397 Spruce Street School Rated A
  • Pre War Building

About This Home

As of November 2016

Immediate occupancy, limited inventory remaining.

EXPANSIVE 2 BEDROOM LOFT + HOME OFFICE

Introducing 60 White St, where the preservation of history and the aesthetic of reclamation design converge with consummate contemporary refinement. These 2 bedroom plus home office lofts developed by the prestigious Sorgente Group, 60 White St pays impeccable attention to detail as this building from 1869 is converted into the quintessential Tribeca living experience with 80% reclaimed materials. Floor through lofts, offering radiant heat flooring, including 2 prized penthouses, fill the iconic building. In classic Tribeca style ceiling heights sore between 10.5 feet to 14 ft. Deep-set windows, insulated for energy efficiency design and framed in reclaimed wood nearly 11ft high providing unparalleled natural light. State of the art Wolf steam ovens, which cook and retain food nutrients in a third of the time. 3.5 inch slab Danby marble countertops featured in these top-of-the-line kitchens. Offering Southern exposure a Biophilia "Green Wall" provides natural air filtration in the simple elegance that is the entrance gallery of 60 White St. The building's amenities feature an on-site fitness center, Video Doorman System, secured package room, and a private residential lounge that includes a full bar and video projector, alongside a "Green Wall" solarium. Located on Tribeca's most exclusive block, 60 White St is the new standard for luxury living in Downtown's most coveted neighborhood. Slated for occupancy end of 2015. Sales Gallery located at 66 White Street. By appointment only. The complete offering terms are in an offering plan available from the Sponsor. New York State Attorney General File No. CD14-0308. Images are artist renderings. The artist representations and interior decorations, finishes, appliances, furnishings and view photography are provided for illustrative purposes only. Sponsor makes no representations or warranties except as set forth in the Offering Plan. All dimensions are approximate and subject to normal construction variances and tolerances. Sponsor reserves the right to make changes in accordance with the terms of the Offering Plan. Plans and dimensions may contain minor variations from floor to floor. Sponsor: Tribeca White Street, LLC, 594 Broadway, Suite 205, New York, New York 10012. Equal Housing Opportunity.

Last Agent to Sell the Property

Frances Katzen

Douglas Elliman Real Estate License #30KA1018951 Listed on: 07/21/2016

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $31,632

Year Built

  • Built in 1869 | Newly Remodeled

HOA Fees

  • $1,987 Monthly HOA Fees

Home Design

  • 1,962 Sq Ft Home
  • Pre War Building
  • Entry on the 99th floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2.5 Bathrooms

Utilities

  • No Cooling

Community Details

  • 8 Units
  • Tribeca Subdivision
  • Rental Restrictions
  • 5-Story Property

Listing and Financial Details

  • Tax Block 193

Property Details

Home Type

Condominium

Est. Annual Taxes

$31,632

Year Built

Built in 1869 | Newly Remodeled

Lot Details

0

HOA Fees

$1,987 per month

Listing Details

  • Cross Street: Between Broadway & Church St
  • Delivered Vacant: No
  • SponsorUnitYN: No
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: TRIBECA
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Living Area: 1962.0
  • Living Area Units: Square Feet
  • Floor Number: 99

Beds/Baths

  • Bathrooms Total: 2.5
  • Bedrooms: 2

Garage/Parking

  • Garage: No

Utilities

  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1987.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • New Development: Yes
  • Units: 8
  • Total Stories: 5
  • Year Built: 1869

Rental Info

  • Renting Allowed: No

Tax Info

  • Tax Block: 193
  • Building Tax Lot: 4
  • Tax Annual: 31632.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2016
Closed on
Nov 22, 2016
Sold by
Tribeca White Street Llc
Bought by
Cinnamon 60 Llc
Seller's Agent
Frances Katzen
Douglas Elliman Real Estate
List Price
$4,240,000
Sold Price
$4,240,000
Current Estimated Value
$4,067,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$172,877
Avg. Annual Appreciation
-0.47%
Original Mortgage
$1,100,000
Outstanding Balance
$884,499
Interest Rate
3.47%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,182,624
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
Cinnamon 60 Llc $4,278,690 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cinnamon 60 Llc $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2016 11/22/16 Sold $4,240,000 0.0% $2,161 / Sq Ft
10/23/2016 10/23/16 Pending -- -- --
07/21/2016 07/21/16 For Sale $4,240,000 -- $2,161 / 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 $36,268 $299,372 $49,108 $250,264
2024 $36,268 $290,094 $67,716 $239,333
2023 $32,950 $268,606 $50,597 $218,009
2022 $30,430 $381,254 $67,716 $313,538
2021 $28,249 $381,254 $67,716 $313,538
2020 $28,724 $370,143 $67,716 $302,427
2019 $28,232 $343,839 $67,716 $276,123
2018 $26,363 $207,270 $48,984 $158,286
2017 $24,410 $191,917 $51,503 $140,414
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10079492

Real Estate Board of New York (REBNY)

APN: 0193-2002