NOT LISTED FOR SALE

8 Thomas St Unit 1 New York, NY 10007

Tribeca Neighborhood

Estimated Value: $3,080,000 - $4,616,003

2 Beds
1.5 Baths
2,900 Sq Ft
$1,644/mo HOA Fee

Last Sold October 17, 2018

Last sale price $2,500,000 $862 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $24,746/month

112 Days on Market

Highlights

  • Pre War Building
  • 4-minute walk to Chambers Street (A,C Line)
  • 2-minute walk to African Burial Ground National Monument
  • P.S. 397 Spruce Street School Rated A
  • Laundry Facilities

About This Home

As of October 2018

This 2,900 square foot home covers three floors and features cast iron arched windows as well as double height 15'4" foot ceilings in the great room. The open chef's kitchen includes custom cabinetry and top of the line appliances such as Wolf, Miele, and Subzero, as well as a wine refrigerator. The four bathrooms have all been recently renovated and the home includes a laundry room, separate live work space, and two bedroom. This flexible floorplan allows for a number of options in the lower level space. The home features an efficient three-zone central air system. Built in 1875 by J. Morgan Slate, this is a rare Venetian-style building with a red brick facade and cast iron store front in the middle of Tribeca. Located on charming Thomas Street the polished granite columns, carved sandstone, contrasting stone arcades and a variety of decorative patterns and colors is extremely eye catching. The best of Manhattan is all around you in this Tribeca neighborhood including restaurants, shopping, galleries and parks. The 1/2/3, A/C/E, 6 and J/Z trains all stop nearby.

Last Agent to Sell the Property

Stan Ponte

Sothebys International Realty License #30po0894635 Listed on: 11/10/2017

Sothebys International Realty

Co-Listed By

Max Collins

Sothebys International Realty License #10301216818

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23,544

Year Built

  • Built in 1875

HOA Fees

  • $1,644 Monthly HOA Fees

Home Design

  • 2,900 Sq Ft Home
  • Pre War Building
  • Entry on the 1st floor

Bedrooms and Bathrooms

  • 2 Bedrooms

Community Details

Overview

  • 4 Units
  • Tribeca Subdivision
  • 5-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$23,544

Year Built

Built in 1875

Lot Details

0

HOA Fees

$1,644 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: TriBeCa
  • Architectural Style: Prewar
  • Entry Level: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Living Area: 2900.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Integer: 2
  • Bedrooms: 2

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1644.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Area: 1867.0
  • Lot Size Dimensions: 23.71 x 78.74

Building Info

  • New Construction: No
  • Units: 4
  • Total Stories: 5
  • Year Built: 1875

Tax Info

  • Tax Block: 0
  • Tax Annual: 23544.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2017
Closed on
Oct 17, 2018
Sold by
Keitel Iris W and % : Pryor Cashman Llp
Bought by
8 Thomas Llc
Seller's Agent
Stan Ponte
Sothebys International Realty
List Price
$2,945,000
Sold Price
$2,500,000
Premium/Discount to List
-$445,000
-15.11%
Current Estimated Value
$3,807,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,307,001
Avg. Annual Appreciation
6.16%

Purchase Details

Closed on
Jun 25, 2012
Sold by
Crivello Robert and Crivello Roberto
Bought by
Keitel Iris W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2010
Sold by
8 Thomas Street Llc
Bought by
Crivello Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,279,750
Interest Rate
4.41%
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
8 Thomas Llc $2,500,000 --
Keitel Iris W $2,700,000 --
Crivello Robert $1,614,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Keitel Iris W $800,000
Previous Owner Crivello Robert $1,279,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/17/2018 10/17/18 Sold $2,500,000 -15.1% $862 / Sq Ft
06/15/2018 06/15/18 Pending -- -- --
02/22/2018 02/22/18 For Sale $2,945,000 +5.2% $1,016 / Sq Ft
01/29/2015 01/29/15 Sold -- -- -- View Prior Sale
12/30/2014 12/30/14 Pending -- -- --
03/14/2012 03/14/12 For Sale $2,800,000 -- $965 / 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 $38,106 $325,684 $21,527 $304,157
2024 $38,106 $304,801 $46,728 $283,633
2023 $35,017 $285,459 $23,790 $261,669
2022 $32,735 $607,434 $46,728 $560,706
2021 $31,905 $485,923 $46,728 $439,195
2020 $31,248 $471,720 $46,728 $424,992
2019 $29,570 $393,072 $46,728 $346,344
2018 $27,929 $219,584 $31,327 $188,257
2017 $23,230 $205,808 $33,287 $172,521
2016 $22,954 $200,068 $35,506 $164,562
2015 $11,819 $192,712 $34,412 $158,300
2014 $11,819 $180,356 $26,301 $154,055
Source: Public Records

Agents Affiliated with this Home

  • Stan Ponte

    Seller's Agent in 2018

    Stan Ponte

    Sothebys International Realty

    (212) 606-4100

    16 in this area

    68 Total Sales

    Stan Ponte
    Section Image

  • M

    Seller Co-Listing Agent in 2018

    Max Collins

    Sothebys International Realty

    (212) 606-7720

    1 in this area

    19 Total Sales

    Max Collins
    Section Image

  • L

    Seller's Agent in 2015

    Laura Moss

    Brown Harris Stevens Residential Sales LLC

    (212) 452-4507

    2 in this area

    3 Total Sales

    Laura Moss
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10496438

Real Estate Board of New York (REBNY)

APN: 0151-1002

New York New York County New York 10007 Tribeca

8 Thomas St Unit 1, New York, NY

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