$9,200,000
SOLD MAR 5, 2025
6 Beds
14 Baths
7,300 Sq Ft
1900 Built

Recently Sold

$1,260 Per Sq Ft

8% Below List Price

128 Days on Market

Highlights

  • Central Air
  • 2-minute walk to Spring Street (4,6 Line)
  • No Heating
  • P.S. 130 - Hernando De Soto Rated A
  • Laundry Facilities
  • 1-minute walk to DeSalvio Playground

About This Home

As of March 2025

Currently built with ground floor retail & 3 residential loft apartments; 2 full-floor & 1 penthouse duplex. The building has 7,300 square feet of interior space and 1,279 square feet of outdoor space. All apartments face east to west, boast 11’-14’ ceilings, each with private outdoor space, separately metered electric/gas, oversized windows, washer/dryer, central AC & storage closets off lobby.
238 Mulberry Street sits at the center of the Nolita neighborhood. Known for its trendy shops, boutiques and eateries: Parm, Rubirosa, Ruby’s Cafe and 240 Mulberry Bar, among others, a creative block atmosphere that is always buzzing with activity. Neighborhoods close by: Soho, Noho, Greenwich Village and the Lower East Side. Close Transportation: 6, R, W, F, D, B, V, J, M, Z subways

Last Agent to Sell the Property

David Graff

Compass License #10401228428 Listed on: 10/28/2024

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 25.330000x98.580000

HOA Fees

  • $6,912 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 7,300 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms

Utilities

  • Central Air
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 8 / 00494

Community Details

Overview

  • Nolita Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

HOA Fees

$6,912 per month

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: NoLita
  • Entry Level: 1
  • Structure Type: Mixed Use
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4

Interior Features

  • Fireplace: No
  • Living Area: 7300.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 7
  • Half Bathrooms: 7
  • Bathrooms Integer: 11
  • Bedrooms: 6

Exterior Features

  • View: No

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: Common On Floor, Common Area
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 6912.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 25.330000x98.580000

Building Info

  • New Construction: No
  • Units: 3
  • Total Stories: 4
  • Year Built: 1900

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 00494
  • Tax Lot: 8
  • Tax Annual: 1068276.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2024
Closed on
Mar 5, 2025
Sold by
Mulberry 238 Realty Llc
Bought by
Gef Development Corp
Seller's Agent
David Graff
Compass
List Price
$9,999,999
Sold Price
$9,200,000
Premium/Discount to List
-$799,999
-8%
Views
1
Current Estimated Value
$9,419,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,017
Avg. Annual Appreciation
2.48%

Purchase Details

Closed on
Dec 20, 2012
Sold by
Bennett Michael and Cipolla Steven P
Bought by
Rasmussen Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,310,790
Interest Rate
3.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 21, 2010
Sold by
Mclain Robert
Bought by
Bennett Michael and Rasmussen Thomas

Purchase Details

Closed on
Aug 12, 2010
Sold by
238 Mulberry Realty Llc
Bought by
Bennett Michael and Cipolla Steven P

Purchase Details

Closed on
Mar 29, 2010
Sold by
Bennett Michael and Cipolla Steven P
Bought by
Mulberry 238 Realty Llc

Purchase Details

Closed on
May 14, 2002
Sold by
Bennett Michael and Mclain Robert
Bought by
Bennett Michael R and Mclain Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,392
Interest Rate
6.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 27, 1998
Sold by
Levy Ron and Kaminstein Beth
Bought by
Bennett Michael and Mclain Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,499
Interest Rate
6.98%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Deed $9,200,000 --
Deed $650,000 --
Deed -- --
Deed $325,000 --
Deed $650,000 --
Deed $975,000 --
Deed $975,000 --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed $1,150,000 Ticor Title Guarantee Compan
Deed $1,150,000 Ticor Title Guarantee Compan
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,310,790 Commercial
Previous Owner $0 Commercial
Previous Owner $524,392 Commercial
Previous Owner $499,499 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2025 03/05/25 Sold $9,200,000 -8.0% $1,260 / Sq Ft
10/28/2024 10/28/24 For Sale $9,999,999 -- $1,370 / Sq Ft
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 $89,023 $718,452 $159,214 $559,238
2024 $89,023 $712,074 $504,000 $585,844
2023 $80,880 $659,329 $140,256 $519,073
2022 $78,869 $2,034,450 $504,000 $1,530,450
2021 $73,218 $1,627,650 $504,000 $1,123,650
2020 $68,933 $1,711,350 $504,000 $1,207,350
2019 $69,082 $1,665,000 $504,000 $1,161,000
2018 $64,508 $507,176 $122,819 $384,357
2017 $63,068 $495,857 $136,351 $359,506
2016 $59,191 $459,128 $140,767 $318,361
2015 $25,619 $425,119 $156,417 $268,702
2014 $25,619 $421,346 $186,010 $235,336
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11018207

Real Estate Board of New York (REBNY)

APN: 0494-0008

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