NOT LISTED FOR SALE

Estimated Value: $640,401 - $699,000

-- Bed
1 Bath
576 Sq Ft
$656/mo HOA Fee

Last Sold April 09, 2021

Last sale price $650,000 $1,128 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,140/month

3,100 Days on Market

Highlights

  • Rooftop Deck
  • 4-minute walk to Rector Street (1 Line)
  • Laundry Facilities
  • Battery Park City School Rated A
  • Garage
  • 2-minute walk to West Thames Park

About This Home

As of April 2021

Warm and welcoming, this alcove studio checks off all the boxes on a perfect home list! Complete with beautiful wide-plank wood flooring, this home offers a great layout, from the open kitchen featuring concealed appliances including a Bosh dishwasher and a Kitchen-Aid stainless range and natural stone breakfast bar, to the large living room and set-back sleeping area offering light-filled exposures. The spa-like bathroom features a vanity with a medicine cabinet and beautiful natural stone throughout. Two closets in the living space and an additional closet off of the sleeping space allow for just the right amount of storage.

225 Rector is a full service luxury condominium and is known as an elite Battery Park City residence. Amenities include a thoughtful concierge, one of the best rooftop decks in Manhattan with a cabana and barbecue grills, an indoor pool with a separate sauna room and showers, a state of the art fitness center, valet services, laundry room, garage, and a children's play room. The building also offers Verizon FiOS.

Conveniently located near major subway lines (1, R, 4 and 5) and minutes away from the PATH and WTC Transport Hub (4, 5, A, C, E, J, R, W, Z, 2, 3), 225 Rector provides easy access to all parts of NYC and NJ.

225 Rector is directly across from Rector Place Park, and is close to the Battery Park City Esplanade, Brookfield Place, and South Cove Park. Residents enjoy access to trendy restaurants and bars in the Downtown, TriBeCa and SoHo areas whilst having the convenience of access to Whole Foods, Le District and Gristedes for grocery needs.

Last Agent to Sell the Property

Katya Hrabianiuk

Christies International Real Estate Group LLC License #10401291709 Listed on: 08/26/2020

Christies International Real Estate Group LLC

Co-Listed By

Carole Becker

Howard Hanna NYC License #10401313792

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,804

Year Built

  • Built in 1986

HOA Fees

  • $656 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 576 Sq Ft Home
  • Entry on the 10th floor

Additional Features

  • 1 Full Bathroom
  • North Facing Home

Listing and Financial Details

  • Legal Lot and Block 7515 / 16

Community Details

Overview

  • Battery Park City Subdivision
  • 23-Story Property

Amenities

  • Rooftop Deck
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,804

Year Built

Built in 1986

Lot Details

0

HOA Fees

$656 per month

Listing Details

  • Cross Street: South End Avenue/Albany Street
  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Battery Park City
  • Entry Level: 10
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 23

Interior Features

  • Living Area: 576.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Exterior Features

  • Exterior Features: Building Roof Deck

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common On Floor, Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 656.0
  • 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: 23
  • Year Built: 1986

Tax Info

  • Tax Block: 16
  • Tax Lot: 7515
  • Tax Annual: 9804.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2020
Closed on
Apr 9, 2021
Sold by
D'Avanzo Patricia and D'Avanzo Victor
Bought by
To Yeung Man
Seller's Agent
Katya Hrabianiuk
Christies International Real Estate Group LLC
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
$664,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,850
Avg. Annual Appreciation
0.48%
Original Mortgage
$552,500
Outstanding Balance
$499,240
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$165,610

Purchase Details

Closed on
Sep 10, 2012
Sold by
Rdo 225 Rector Place Llc
Bought by
D'Avanzo Patricia and D'Avanzo Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
3.62%
Mortgage Type
New Conventional
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
To Yeung Man $650,000 --
D'Avanzo Patricia $529,791 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open To Yeung Man $552,500
Previous Owner D'Avanzo Patricia $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2021 04/09/21 Sold $650,000 0.0% $1,128 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
11/05/2013 11/05/13 Rented -- -- --
10/06/2013 10/06/13 Under Contract -- -- --
09/16/2013 09/16/13 For Rent -- -- --
08/14/2012 08/14/12 For Sale $650,000 -- $1,128 / 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 -- $104,522 $14,337 $90,185
2024 -- $101,617 $14,337 $87,280
2023 $0 $96,124 $14,337 $81,787
2022 $0 $88,467 $14,337 $74,130
2021 $0 $88,467 $14,337 $74,130
2020 $0 $97,943 $14,337 $83,606
2019 $0 $95,741 $14,337 $81,404
2018 $0 $92,395 $14,336 $78,059
2017 $0 $108,572 $14,336 $94,236
2016 $0 $101,624 $14,337 $87,287
2015 -- $99,528 $14,336 $85,192
2014 -- $88,560 $14,337 $74,223
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10661849

Real Estate Board of New York (REBNY)

APN: 0016-3344