NOT LISTED FOR SALE

Estimated Value: $951,000 - $1,025,000

1 Bed
1 Bath
789 Sq Ft
$886/mo HOA Fee

Last Sold August 09, 2022

Last sale price $999,999 $1,267 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $7,520/month

33 Days on Market

Highlights

  • Newly Remodeled
  • 1-minute walk to Broad Street
  • North Facing Home
  • P.S. 343 The Peck Slip School Rated A
  • Pre War Building
  • 2-minute walk to Queen Elizabeth II Garden

About This Home

As of August 2022

IMMEDIATE OCCUPANCY. Welcome to the Broad Exchange Building, where the timeless grandeur of New York's storied past meets spacious, sophisticated, and modern residences that are ideal for contemporary living.



Residence 17O is a spacious, one-bedroom, one-bath home with an oversized living and dining area that is ideal for entertaining. This gathering space incorporates an inviting, open kitchen with paneled Poliform cabinetry, stainless steel appliances from Bosch, Miele, and Liebherr, Caesarstone countertops, and a Lazza crystalized breakfast bar, in addition to an in-residence washer and dryer. The primary bedroom comfortably fits a king-sized bed and has ample closet space. The en-suite primary bathroom features a double sink and dual entry from the bedroom and living room, with Waterworks crystal fittings, polished black marble countertops, Italian glass tiles, a built-in mirror and medicine cabinet, and a deep soaking tub.



Built in 1902 in the Italian Renaissance Style, The Broad Exchange Building includes twenty stories of one- and two-bedroom condominium residences, and welcomes you with an historic double-height marble lobby that was recently restored to highlight original plaster ceiling detailing and sweeping double staircases that impart a sense of the elegance to the everyday.



This imposing space is the gateway to more than 8,000 square feet of amenities, including:

Expansive rooftop terrace with outdoor kitchen and grilling stations

Spacious residents' lounge that is ideal for co-working or entertaining

Private event suite with a catering kitchen

Imaginative indoor and outdoor children's play area

Pet grooming spa

State-of-the-art fitness center with yoga and movement studio

3D multi-sport and golf simulator



The Broad Exchange Building offers a reprieve in the middle of Manhattan, flanked by Exchange Place and Broad Street, both cobblestoned and historic pedestrian streets that provide a quiet and tranquil atmosphere for residents in the building.



Located in the heart of the Financial District, the Broad Exchange Building sits steps from the best of New York City - including the bustling cobblestone streets and chic boutiques of the South Street Seaport District, the high-end shopping of Brookfield Place, the pastoral lawns and stately trees of Battery Park, and the iconic architecture and intoxicating energy of the Oculus. The neighboring Fulton Street transportation hub provides quick and convenient access to the MTA 1/2/3/4/5/A/C/E/J/M/Z/W/R trains, while nearby ferry lines provide picturesque passage to parts of Manhattan, Brooklyn, Governors Island, New Jersey and Staten Island. The Broad Exchange Building is moments away to the bustling neighborhoods of Tribeca and SoHo. Coming soon to the Financial District is a Whole Foods and a Lifetime Fitness, adding even more convenience to this already opportune area.



The complete offering terms are in an Offering Plan available from the Sponsor. File No. CD18-0154. Equal Housing Opportunity.

Last Agent to Sell the Property

The Broad Exchange Building Sales Office

Corcoran Sunshine Marketing Group Listed on: 05/04/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,712

Year Built

  • Built in 1897 | Newly Remodeled

Lot Details

  • North Facing Home

HOA Fees

  • $886 Monthly HOA Fees

Home Design

  • 789 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Community Details

  • 308 Units
  • The Broad Exchange Condos
  • Financial District Subdivision
  • 23-Story Property

Listing and Financial Details

  • Tax Block 00025

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,712

Year Built

Built in 1897 | Newly Remodeled

Lot Details

0

HOA Fees

$886 per month

Listing Details

  • Cross Street: EXCHANGE PLACE and BEAVER STREET
  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Financial District
  • Architectural Style: Prewar
  • Entry Level: 17
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 23

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 789.0
  • 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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 886.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Building Name: THE BROAD EXCHANGE
  • Units: 308
  • Total Stories: 23
  • Year Built: 1897

Tax Info

  • Tax Block: 00025
  • Tax Annual: 14712.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2022
Closed on
Aug 9, 2022
Sold by
25 Broad Street L/Cal Llc
Bought by
Teigman Wayne
Seller's Agent
The Broad Exchange Building Sales Office
Corcoran Sunshine Marketing Group
List Price
$1,000,000
Sold Price
$999,999
Premium/Discount to List
-$1
0.0%
Current Estimated Value
$980,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,051
Avg. Annual Appreciation
-1.43%
Original Mortgage
$200,000
Outstanding Balance
$191,980
Interest Rate
5.51%
Mortgage Type
Unknown
Estimated Equity
$764,760
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
Teigman Wayne $999,999 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 25 Broad Street L/Cal Llc $200,000
Previous Owner At Wildcats Finance Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2022 08/09/22 Sold $999,999 0.0% $1,267 / Sq Ft
05/04/2022 05/04/22 For Sale $1,000,000 -- $1,267 / 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 $15,604 $130,210 $13,726 $116,484
2024 $15,604 $124,814 $13,726 $111,088
2023 $15,197 $123,882 $13,735 $110,147
2022 $15,016 $129,201 $13,726 $115,475
2021 $14,708 $119,895 $13,726 $106,169
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10788627

Real Estate Board of New York (REBNY)

APN: 0025-1229