NOT LISTED FOR SALE

Estimated Value: $4,514,000 - $8,514,763

10 Beds
6 Baths
6,907 Sq Ft
$943/Sq Ft Est. Value

Sale Details

Date Sold: May 23, 2024

Last sale price $5,750,000 $832 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $38,925 / mo

321 Days on Market

Highlights

  • Guest House
  • 3-minute walk to Lower East Side-2 Avenue
  • Built-In Refrigerator
  • P.S. 110 Florence Nightingale Rated A-
  • City View
  • 1-minute walk to First Park

About This Home

As of May 2024

THE HOUSE: Beautiful 25-foot-wide townhouse (approx. 6,900 square feet) configured as two loft-like, high-rent, triplex units, each with multiple outdoor spaces – three oversized terraces plus a garden, approx. 1,920 square feet in total. Delivered vacant, the property presents an ideal opportunity for an investor ready to lease both units, a purchaser desiring to live in one unit and lease the other for additional income or even for conversion back into a single-family home. Originally built in 1900 and completely renovated including the addition of two floors, the building’s two light-filled units are in excellent condition and function almost like separate single-family homes – each as spacious floor-through units on three levels, with high ceilings, modern kitchens, wood-burning fireplaces, up to five bedrooms and three full baths in each, and multiple areas of outdoor space. -------- UNIT 1: Approx. 4,000 square feet - features up to 5 bedrooms / 3 full baths (including an optional, separate 1-bedroom/1 bath garden level apartment). Its spacious windowed kitchen adjoining a massive living and dining area offers high-end appliances and overlooks the garden. There is an internal wooden staircase between the floors, high ceilings, and huge windows throughout, two sets of washer/dryers, a wood-burning fireplace, a ductless air conditioning system, a home gym/office, and approx. 1,000 square feet of outdoor space, including a garden and an elevated lounge deck. -------- UNIT 2: Approx. 3,000 square feet and features five bedrooms and three full baths. The large kitchen with high-end appliances and breakfast bar opens into an oversized living/dining area with a wood-burning fireplace and dramatic arched windows. There is an internal staircase between each high-ceilinged floor, two separate sets of washer/dryers, a ductless air conditioning system, plus a wet bar and two elegant terraces – one facing downtown and the other facing north with skyline vistas that include the Empire State Building. -------- LOCATION: Located on a charming tree-lined block, the house is ideally situated in the hip East Village, close to Nolita, Soho, and Greenwich Village/NYU, with trendy restaurants, shopping, transportation, and entertainment options in all directions. The house is also close to the nearby mega-developments of Essex Crossing and the new Gemini Rosemont complex, which boast such retail as Trader Joe’s, Whole Foods, the Essex Market food stall vendors, Target, and Regal Cinemas, to name a few.

Last Agent to Sell the Property

Paul Gavriani

Sothebys International Realty License #30GA0962716 Listed on: 06/05/2023

Sothebys International Realty

Co-Listed By

Vincent Falcone

Sothebys International Realty License #30FA0721054

Last Buyer's Agent

Paul Gavriani

Sothebys International Realty License #30GA0962716 Listed on: 06/05/2023

Sothebys International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $43,493

Year Built

  • Built in 1900

Lot Details

  • 2,083 Sq Ft Lot
  • Lot Dimensions are 25.0 x 83.33
  • Private Yard
  • Garden

Home Design

  • Pre War Building

Interior Spaces

  • 6,907 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bookcases
  • Bar Fridge
  • Crown Molding
  • High Ceiling
  • Recessed Lighting
  • Chandelier
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Entrance Foyer
  • Dining Room
  • Den
  • Library
  • Storage
  • Laundry in unit
  • City Views
  • Smart Home

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Gas Range
  • Built-In Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Dual Closets
  • In-Law or Guest Suite
  • 6 Full Bathrooms

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Terrace
  • Exterior Lighting
  • Outdoor Storage

Additional Homes

  • Guest House

Listing and Financial Details

  • Legal Lot and Block 0028 / 00443

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • East Village Subdivision
  • 6-Story Property

Amenities

  • Community Garden
  • Building Patio
  • Building Terrace

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$43,493

Year Built

Built in 1900

Lot Details

2,083 Sq Ft Lot

Listing Details

  • Exposures: North,South
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: East Village
  • Architectural Style: Prewar
  • Unit Levels: Multi/Split
  • Structure Type: Multi Family, Townhouse
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 6

Interior Features

  • Interior Features: Wet Bar, Breakfast Bar, Bookcases, Built-in Features, Tray Ceiling(s), Chandelier, Crown Molding, Den, Entrance Foyer, Eat-in Kitchen, Granite Counters, High Ceilings, His and Hers Closets, In-Law Floorplan, Kitchen Island, Kitchen Window, Open Floorplan, Pantry, Recessed Lighting, Storage, Smart Home
  • Appliances: Built-In Gas Range, Bar Fridge, Built-In Refrigerator, Dishwasher, Disposal
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 6907.0
  • Living Area Units: Square Feet
  • Basement: No
  • Dining Room Type: Dining Room, Library, Den

Beds/Baths

  • Full Bathrooms: 6
  • Bathrooms Integer: 6
  • Bedrooms: 10

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Lighting, Building Storage, Building Garden, Balcony, Building Balcony, Garden, Lighting, Private Yard, Storage
  • Other Structures: Guest House
  • Patio/Porch Features: Building Deck, Building Patio, Building Terrace, Deck, Patio, Terrace, Balcony, Rooftop

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: In Unit

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Features: Garden
  • Lot Size Area: 2083.0
  • Lot Size Dimensions: 25.0 x 83.33

Building Info

  • New Construction: No
  • Units: 2
  • Spa: No
  • Total Stories: 6
  • Year Built: 1900

Rental Info

  • Furnished: Unfurnished
  • Owner Pays: None

Tax Info

  • Tax Block: 00443
  • Tax Lot: 0028
  • Tax Annual: 43493.0

Multi Family

  • Above Grade Finished Sq Ft: Square Feet
  • Below-Grade Finished Area Units: Square Feet
  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2023
Closed on
May 23, 2024
Sold by
83 East Second Owners Llc
Bought by
83 East 2Nd Street Holdings Llc
Seller's Agent
Paul Gavriani
Sothebys International Realty
Buyer's Agent
Paul Gavriani
Sothebys International Realty
List Price
$6,250,000
Sold Price
$5,750,000
Premium/Discount to List
-$500,000
-8%
Views
869
Current Estimated Value
$6,514,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$764,382
Avg. Annual Appreciation
6.98%
Original Mortgage
$4,025,000
Outstanding Balance
$3,956,537
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,557,845

Purchase Details

Closed on
Oct 30, 2009
Sold by
83 East 2Nd Street Llc
Bought by
83 East Second Owners Llc

Purchase Details

Closed on
May 8, 2006
Sold by
Roberts Sonia and Seminara Laurie
Bought by
83 East 2Nd Street Llc

Purchase Details

Closed on
May 10, 2002
Sold by
Roberts Sonia and Roberts Sonia Minerva
Bought by
Roberts Sonia and Seminara Laurie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,386
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 1996
Sold by
Muller Sonia and Roberts Sonia
Bought by
Roberts Sonia and Roberts Conrad
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
83 East 2Nd Street Holdings Llc $5,750,000 --
83 East 2Nd Street Holdings Llc $5,750,000 --
83 East Second Owners Llc $4,700,000 --
83 East Second Owners Llc $4,700,000 --
83 East 2Nd Street Llc -- --
83 East 2Nd Street Llc -- --
Roberts Sonia -- --
Roberts Sonia -- --
Roberts Sonia -- Chicago Title Insurance Co
Roberts Sonia $150,000 Chicago Title Insurance Co
Roberts Sonia -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 83 East 2Nd Street Holdings Llc $4,025,000
Closed 83 East 2Nd Street Holdings Llc $4,025,000
Previous Owner Roberts Sonia $455,386
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2024 05/23/24 Sold $5,750,000 -2.5% $832 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
01/02/2024 01/02/24 Price Changed $5,900,000 -5.6% $854 / Sq Ft
12/06/2023 12/06/23 For Sale $6,250,000 +8.7% $905 / Sq Ft
12/04/2023 12/04/23 Off Market $5,750,000 -- --
10/23/2023 10/23/23 Price Changed $6,250,000 -7.4% $905 / Sq Ft
06/05/2023 06/05/23 For Sale $6,750,000 -- $977 / Sq Ft
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 $46,102 $243,308 $138,038 $105,270
2024 $46,102 $229,536 $324,540 $111,382
2023 $43,978 $216,545 $108,937 $107,608
2022 $40,915 $684,240 $324,540 $359,700
2021 $45,230 $735,240 $324,540 $410,700
2020 $42,918 $837,420 $324,540 $512,880
2019 $40,014 $971,400 $324,540 $646,860
2018 $36,786 $180,454 $97,219 $83,235
2017 $36,786 $180,454 $68,932 $111,522
2016 $35,804 $179,101 $91,643 $87,458
2015 $20,532 $168,964 $129,690 $39,274
2014 $20,532 $159,400 $103,994 $55,406
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10961261

Real Estate Board of New York (REBNY)

APN: 0443-0028

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