NOT LISTED FOR SALE

Estimated Value: $4,855,000 - $8,050,798

3 Beds
3 Baths
2,743 Sq Ft
$4,751/mo HOA Fee

Last Sold September 26, 2018

Last sale price $7,740,000 $2,822 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $39,714/month

366 Days on Market

Highlights

  • Pre War Building
  • 3-minute walk to Prince Street
  • Central Air
  • P.S. 130 - Hernando De Soto Rated A
  • Community Garden
  • 1-minute walk to Elizabeth Street Garden

About This Home

As of September 2018

A corner duplex with sweeping staircase, great room with fireplace and seven windows on three sides, offering three bedrooms and three baths. A gabled master bedroom suite upstairs features exposed wooden beams.

A singular blend of historic and contemporary design, The Residences at Prince set nine exceptional new homes within the landmarked Old St. Patrick?s School and Convent. Marvel Architects contrasts the Federal style exterior with an exuberant and elegant design within?bringing light and air to the inside while creating private outdoor space for the two townhouses and seven condominiums. Steps from Soho on a corner enjoying churchyard views, the residences are located in the historic center of Nolita. Many Manhattan residences are described as ?unique.? None deserve the designation more than The Residences at Prince?truly a landmark redefined.

Condominium features and amenities include:

Attended lobby
landscaped private common garden
fitness area with state-of-the-art equipment and private yoga studio
climate controlled wine cellar with private storage
refrigerated storage for food and flower deliveries
package room and dry cleaning storage
dedicated private storage for each residence
bicycle storage

For more information or to schedule an appointment to visit our sales gallery, please contact;

Javier Lattanzio
Sales Manager
917.341.4968
jlattanzio@princeatmott.com
www.princeatmott.com

Co-Listed By

Javier Lattanzio

Time Equities Inc License #10311208751

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $31,862

Year Built

  • Built in 1826

HOA Fees

  • $4,751 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 3rd floor

Interior Spaces

  • 2,743 Sq Ft Home
  • Gas Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7503 / 494

Community Details

Overview

  • Little Italy Subdivision
  • 5-Story Property

Amenities

  • Community Garden

Property Details

Home Type

Condominium

Est. Annual Taxes

$31,862

Year Built

Built in 1826

Lot Details

0

HOA Fees

$4,751 per month

Listing Details

  • Cross Street: Mott Street/Mulberry Street
  • Exposures: East,North,West
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: Little Italy
  • Architectural Style: Prewar
  • Entry Level: 3
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Dryer, Washer
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Living Area: 2743.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Garden

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 4751.27
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 5
  • Year Built: 1826

Tax Info

  • Tax Block: 494
  • Tax Lot: 7503
  • Tax Annual: 31862.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2016
Closed on
Sep 17, 2018
Sold by
34 Prince Equities Llc
Bought by
34 Prince 3A Real Property Trust and Ringel, As Trustee, Jay B
List Price
$7,740,000
Sold Price
$7,740,000
Current Estimated Value
$6,018,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,721,050
Avg. Annual Appreciation
-3.41%
Original Mortgage
$5,000,000
Outstanding Balance
$4,351,314
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,667,636
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
34 Prince 3A Real Property Trust $7,881,255 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 34 Prince 3A Real Property Trust $5,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2018 09/26/18 Sold $7,740,000 0.0% $2,822 / Sq Ft
04/05/2017 04/05/17 Pending -- -- --
04/04/2016 04/04/16 For Sale $7,740,000 -- $2,822 / 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 $39,996 $319,917 $56,876 $263,041
2024 $39,996 $319,917 $91,504 $259,247
2023 $38,028 $310,002 $63,290 $246,712
2022 $28,903 $475,290 $91,504 $383,786
2021 $32,603 $475,290 $91,504 $383,786
2020 $25,323 $461,468 $91,504 $369,964
2019 $31,037 $428,682 $91,504 $337,178
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10437949

Real Estate Board of New York (REBNY)

APN: 0494-1205