NOT LISTED FOR SALE

Estimated Value: $4,331,000 - $6,549,000

3 Beds
2 Baths
3,532 Sq Ft
1882 Built

Sale Details

Date Sold: January 30, 2015

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

Current estimated payment $33,907 / mo

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Washer Dryer Allowed
  • Washer and Dryer Hookup

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 Sq Ft Lot

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

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
$5,500,734

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
-18.56%

Purchase Details

Listed on
Jun 19, 2013
Closed on
Jun 14, 2013
Sold by
Green Donna and Sternberg Michael G
Bought by
I C Nobu Llc
Seller's Agent
Barrie Mandel
Corcoran Group

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
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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 List to Sale Price per Sq Ft Prior Sale
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
06/19/2013 06/19/13 Sold -- -- -- View Prior Sale
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 $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

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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

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