NOT LISTED FOR SALE

New York, NY 10013

Tribeca Neighborhood

Estimated Value: $4,115,000 - $6,641,000

3 Beds
2 Baths
3,532 Sq Ft
$1,458/mo HOA Fee

Last Sold January 30, 2015

Last sale price $55,200,000 $15,629 Per Sq Ft

Current estimated payment $33,974/month

133 Days on Market

Highlights

  • Pre War Building
  • 2-minute walk to Franklin Street
  • Wood Burning Fireplace
  • P.S. 234 Independence School Rated A
  • Central Air
  • 3-minute walk to Duane Park

About This Home

As of January 2015

With fully approved plans in place, this is an incredible opportunity to build out your dream New York loft in prime Tribeca's historical Sugarloaf Warehouse Condominium. This spectacular, authentic raw space is a vanishing and much-coveted breed with original beamed ceilings, steel columns, exposed brick walls, a fireplace and over 75 feet of north-facing frontage along quaint, cobblestoned Franklin Street, certainly one of Tribeca's most desirable blocks. Originally configured as a 3 bedroom/2 bathroom home, plans by architect Elizabeth Roberts create a grand Master loft with study, TV room and open living/dining space allowing for endless versatility. Pick up where the owners left off, or bring your own architect and turn this character-rich blank slate into Tribeca's most prized home.

Last Agent to Sell the Property

Aimee Scher

Compass License #10401221716 Listed on: 06/24/2014

Compass

Co-Listed By

Hervé Senequier

Compass License #10301222383

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $26,620

Year Built

  • Built in 1882

HOA Fees

  • $1,458 Monthly HOA Fees

Home Design

  • Pre War Building

Interior Spaces

  • 3,532 Sq Ft Home
  • Wood Burning Fireplace
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air

Community Details

  • Sugar Loaf Building, The Condos
  • Tribeca Subdivision
  • 6-Story Property

Listing and Financial Details

  • Legal Lot and Block 7503 / 179

Property Details

Home Type

Condominium

Est. Annual Taxes

$26,620

Year Built

Built in 1882

Lot Details

0

HOA Fees

$1,458 per month

Listing Details

  • Cross Street: Varick Street/Hudson Street
  • Exposures: East,North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Tribeca
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 3532.0
  • Living Area Units: Square Feet
  • Rooms (Total): 7

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 3

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1458.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Building Name: Sugar Loaf Building, The
  • Total Stories: 6
  • Year Built: 1882

Tax Info

  • Tax Block: 179
  • Tax Lot: 7503
  • Tax Annual: 26619.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2016
Sold by
Baser Onur
Bought by
Baser Deniz
Current Estimated Value
$5,486,248

Purchase Details

Listed on
Jun 24, 2014
Closed on
Jan 30, 2015
Sold by
I C Nobu Llc
Bought by
Baser Onur
Seller's Agent
Aimee Scher
Compass
List Price
$55,200,000
Sold Price
$55,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-19.78%

Purchase Details

Closed on
Jun 14, 2013
Sold by
Green Donna and Sternberg Michael G
Bought by
I C Nobu Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,812,250
Interest Rate
3.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 1998
Sold by
155-157 Franklin Llc
Bought by
Sternberg Michael G and Green Donna
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
Baser Deniz -- --
Baser Onur $5,520,000 --
I C Nobu Llc $5,865,000 --
Sternberg Michael G $4,633,037 Title Associates Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner I C Nobu Llc $3,812,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2015 01/30/15 Sold $55,200,000 0.0% $15,629 / Sq Ft
11/04/2014 11/04/14 Pending -- -- --
06/24/2014 06/24/14 For Sale $55,200,000 -- $15,629 / 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 $39,428 $323,994 $49,758 $274,236
2024 $39,428 $315,376 $49,758 $265,618
2023 $37,911 $309,046 $49,758 $259,288
2022 $28,672 $284,054 $49,758 $234,296
2021 $34,847 $284,069 $49,758 $234,311
2020 $31,077 $322,029 $49,758 $272,271
2019 $30,515 $311,764 $49,758 $262,006
2018 $35,839 $296,076 $49,758 $246,318
2017 $34,357 $298,546 $49,758 $248,788
2016 $33,333 $281,599 $49,758 $231,841
2015 $20,041 $278,404 $49,758 $228,646
2014 $20,041 $254,293 $49,758 $204,535
Source: Public Records

Agents Affiliated with this Home

  • Aimee Scher

    Seller's Agent in 2015

    Aimee Scher

    Compass

    (845) 750-8111

    6 in this area

    24 Total Sales

    Aimee Scher
    Section Image
  • Hervé Senequier

    Seller Co-Listing Agent in 2015

    Hervé Senequier

    Compass

    (917) 353-2890

    9 in this area

    82 Total Sales

    Hervé Senequier
    Section Image
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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10470157

Real Estate Board of New York (REBNY)

APN: 0179-1104

New York New York County New York 10013

Tribeca

This home since 24 June 2014 and is currently estimated at $5,486,248, approximately $1,553 per square foot. This property was built in 1882. This home is a home located in New York County with nearby schools including P.S. 234 Independence School, Middle School 297, and Lower Manhattan Community Middle School.

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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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