NOT LISTED FOR SALE

71 Reade St Unit PHA New York, NY 10007

Tribeca Neighborhood

Estimated Value: $4,467,000 - $7,652,992

4 Beds
4.5 Baths
-- Sq Ft
$6,058/mo HOA Fee

Last Sold April 15, 2016

Last sale price $7,795,000

Est. 22% decrease in value since last sale

Current estimated payment $44,065/month

225 Days on Market

Highlights

  • Newly Remodeled
  • 1-minute walk to Chambers Street (A,C Line)
  • Pre War Building
  • P.S. 397 Spruce Street School Rated A
  • City View
  • 3-minute walk to Duane Park

About This Home

As of April 2016

Comprising 2,938 interior square feet and 1404 exterior square feet, this sophisticated four-bedroom, four-and-a-half bath duplex penthouse residence at Reade Chambers features an interior designed by world-renowned Selldorf Architects, and demonstrates their clarity of vision. Enter through a private key-locked elevator on the seventh and eighth floors. The seventh floor is dedicated to the four spacious bedrooms, each with en-suite bathrooms, the fully equipped laundry room, as well as a private terrace of over 700 square feet. The distinctive master bathroom features driftwood gray marble walls and floors, double sinks and elegant fixtures. On the top floor, you will find the expansive living/dining room, kitchen and great room with fireplace, opening to a second glorious terrace of nearly 700 square feet. The Eggersmann kitchen is fully equipped with top-of-the-line Sub Zero & Gaggenau stainless steel appliances. Additionally, all residences come with motorized shades and side by side washers and dryers. Private parking is available. Reade Chambers has the value of a significant 10-year tax abatement, and a full range of services and amenities, including: 24-hour doorman, available private parking, residents' roof terrace, Technogym-equipped fitness center, children's playroom, assigned storage units, pet grooming room, and secured bike storage. At 71 Reade Street, Reade Chambers offers ideal living in Manhattan's sought-after Tribeca Historic District.

Last Listed By

Andrew Anderson

Douglas Elliman Real Estate License #30AN0965554 Listed on: 07/28/2015

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,380

Year Built

  • Built in 2015 | Newly Remodeled

HOA Fees

  • $6,058 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Pre War Building

Interior Spaces

  • New Windows
  • City Views

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Balcony
  • Terrace

Utilities

  • No Cooling

Community Details

  • Reade Chambers Condos
  • Tribeca Subdivision
  • 8-Story Property

Listing and Financial Details

  • Tax Block 149

Property Details

Home Type

Condominium

Est. Annual Taxes

$25,380

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

HOA Fees

$6,058 per month

Listing Details

  • Cross Street: Broadway and Church St
  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: TRIBECA
  • Architectural Style: Prewar
  • Entry Level: 8
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Living Area Units: Square Feet
  • Rooms (Total): 7
  • Window Features: New Windows

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Balcony
  • Patio/Porch Features: Terrace, Balcony, Rooftop

Garage/Parking

  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 6058.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Building Name: Reade Chambers
  • Total Stories: 8
  • Year Built: 2015

Tax Info

  • Tax Block: 149
  • Tax Annual: 25380.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2015
Closed on
Apr 15, 2016
Sold by
71 Rc Property Llc and % Sk Development Llc
Bought by
71 Rs Llc
Seller's Agent
Andrew Anderson
Douglas Elliman Real Estate
List Price
$7,795,000
Sold Price
$7,795,000
Total Days on Market
225
Current Estimated Value
$6,066,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,728,502
Avg. Annual Appreciation
-2.71%

Range of Values:

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Average Value
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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
71 Rs Llc $7,867,129 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2016 04/15/16 Sold $7,795,000 0.0% --
03/16/2016 03/16/16 Pending -- -- --
08/03/2015 08/03/15 For Sale $7,795,000 -- --
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
2024 $48,608 $461,770 $204,898 $256,872
2023 $45,212 $462,908 $204,898 $258,010
2022 $42,208 $444,193 $204,898 $239,295
2021 $42,314 $444,192 $204,898 $239,294
2020 $40,814 $491,795 $204,898 $286,897
2019 $39,763 $480,727 $204,898 $275,829
2018 $40,810 $489,530 $204,898 $284,632
2017 $41,712 $416,801 $204,898 $211,903
2016 $42,007 $413,981 $204,898 $209,083
2015 -- $333,261 $204,898 $128,363
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10031501

Real Estate Board of New York (REBNY)

APN: 0149-1216