NOT LISTED FOR SALE

Estimated Value: $5,198,000 - $8,595,731

3 Beds
3.5 Baths
4,078 Sq Ft
$8,871/mo HOA Fee

Last Sold April 27, 2020

Last sale price $9,999,999 $2,452 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $54,321/month

1,983 Days on Market

Highlights

  • Rooftop Deck
  • 1-minute walk to Spring Street (4,6 Line)
  • Terrace
  • P.S. 130 - Hernando De Soto Rated A
  • City View
  • 1-minute walk to DeSalvio Playground

About This Home

As of April 2020

NoLita Masterpiece with Private Outdoor Space and Two Parking Spaces Included!

A one-of-a-kind duplex condo nestled in the heart of NoLita, this 3-bedroom, 3-bathroom home is a masterpiece of urban luxury and design. Originally laid out with 4 bedrooms and 3.5 bathrooms, the home has been highly customized and upgraded over time.

Features of this 4,078 sq. ft. apartment include gorgeous white oak flooring, soaring 23-foot ceilings, custom light fixtures and millwork, a wood-burning fireplace, large sash windows, a convenient in-home laundry room with a side-by-side washer/dryer and utility sink, a pair of private parking spaces, a keyed storage room, and a 990 sq. ft. terrace with a pergola and gas grill.

Beyond a tasteful foyer adorned with a coat closet and a powder room, the lower level of the home flows into a cavernous living and dining space saturated with natural light. The room possesses a 23-foot double-height ceiling as well as a stunning wood-burning fireplace with a floor-to-ceiling travertine marble surround. Just off the dining area is a regal study with custom built-ins and a hidden door leading to the laundry room. Opposite the living and dining space are an incredible Smallbone of Devizes kitchen and a bedroom/den with an en-suite steam room and shower. The kitchen leads out onto the terrace and is equipped with a huge eat-in waterfall island, polished statuary marble countertops, a Bardiglio mini bricks backsplash, and a suite of fully-integrated stainless steel appliances from Gaggenau.

The upper level of the home contains a pair of bedrooms and bathrooms. The decadent master suite boasts his-and-hers walk-in closets, a private lounge area, and a chic en-suite bathroom with mosaic-tiled floors, double sinks, Barber Wilson fixtures, a glass-enclosed walk-in shower, and a deep soaking tub. The second bedroom has its own reach-in closet and easy access to an immaculate full bathroom. Both bedrooms overlook the terrace and have Venetian plastered walls as well as airy 10-ft ceilings.

224 Mulberry Street is a boutique condominium located in the exclusive neighborhood of NoLita. The building has a 24-hour doorman, a fitness center, and private rooftop terrace with breathtaking views of the city skyline. It is surrounded by trendy restaurants, cafes, bars, and shops, and is close to Sara D. Roosevelt Park, SoHo, NoHo, LES, and Greenwich Village. Nearby subway lines include the B/D/F/M/J/Z/R/W/6. Pets are welcome.

Co-Listed By

Scott Fava

Compass License #10301207696

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $67,200

Year Built

  • Built in 2015

HOA Fees

  • $8,871 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 4,078 Sq Ft Home
  • City Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Terrace
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7504 / 494

Community Details

Overview

  • Little Italy Subdivision
  • 8-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$67,200

Year Built

Built in 2015

Lot Details

0

HOA Fees

$8,871 per month

Listing Details

  • Cross Street: Spring Street/Prince Street
  • Exposures: East,West
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: Little Italy
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 4078.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 3

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Roof Deck
  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 8871.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 8
  • Year Built: 2015

Tax Info

  • Tax Block: 494
  • Tax Lot: 7504
  • Tax Annual: 67200.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2020
Closed on
Apr 27, 2020
Sold by
Mulberry Haven Llc
Bought by
Ursa Properties Llc
List Price
$9,999,999
Sold Price
$9,999,999
Current Estimated Value
$7,281,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,718,316
Avg. Annual Appreciation
-5.44%

Purchase Details

Listed on
Oct 13, 2015
Closed on
Dec 22, 2015
Sold by
224 Mulberry Property Owner Llc
Bought by
Mulberry Haven Llc
Seller's Agent
Emily Beare
CORE Group Marketing LLC
List Price
$12,000,000
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
Ursa Properties Llc $9,999,999 --
Mulberry Haven Llc $11,000,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/27/2020 04/27/20 Sold $9,999,999 -16.7% $2,452 / Sq Ft
02/27/2020 02/27/20 Pending -- -- --
05/25/2017 05/25/17 Sold -- -- -- View Prior Sale
04/25/2017 04/25/17 Pending -- -- --
10/13/2015 10/13/15 For Sale $12,000,000 +20.0% $2,943 / Sq Ft
09/23/2014 09/23/14 For Sale $9,999,999 -- $2,452 / 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 $87,570 $700,444 $73,384 $627,060
2024 $87,570 $700,444 $133,324 $618,359
2023 $83,260 $678,735 $95,449 $583,286
2022 $76,892 $1,027,004 $133,324 $893,680
2021 $71,383 $821,606 $133,324 $688,282
2020 $67,205 $882,114 $133,324 $748,790
2019 $67,954 $980,076 $133,324 $846,752
2018 $66,406 $522,104 $56,819 $465,285
2017 $61,487 $483,430 $59,504 $423,926
2016 $57,707 $447,621 $60,764 $386,857
2015 -- $414,464 $132,953 $281,511
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10615701

Real Estate Board of New York (REBNY)

APN: 0494-1304