NOT LISTED FOR SALE

2 Park Place Unit 36B New York, NY 10007

Tribeca Neighborhood

Estimated Value: $4,246,000 - $5,730,000

2 Beds
2.5 Baths
2,548 Sq Ft
$4,393/mo HOA Fee

Last Sold September 13, 2021

Last sale price $5,150,000 $2,021 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $37,698/month

Highlights

  • Pre War Building
  • 1-minute walk to Park Place (2,3 Line)
  • 1-minute walk to City Hall Park
  • P.S. 397 Spruce Street School Rated A
  • Garage

About This Home

As of September 2021

Available for Immediate Occupancy. Originally commissioned by retail magnate F.W. Woolworth, architect Cass Gilberts magnificent 792-foot tall neo-Gothic masterpiece continues to capture the imagination and grace the world's most famous skyline. The 33 individually crafted condominium residences developed by Alchemy Properties start on the 29th floor and are designed by world-renowned French architect, Thierry W Despont with a design quality, craftsmanship and attention to detail befitting this beloved landmark. At a height of 460 feet above street level, this sprawling two bedroom, two and a half bath home is approx. 2548 square feet and offers over 10 foot ceilings, oak herringbone floors, and large operable windows facing North, West and South with meticulously restored terra-cotta window surrounds elegantly framing the breathtaking views over historic TriBeca and One World Trade. The windowed kitchen has open views of the Manhattan skyline, custom dada cabinetry by the Molteni Group, Dornbracht hardware, Calacatta Caldia marble counters and backsplashes as well as a suite of Miele appliances offers direct views of the Manhattan skyline.The corner master suite boasts a walk-in closet and dressing area with a spacious windowed bathroom outfitted with steam shower, free standing tub, double vanity by the Molteni Group, Calacatta Prima marble floors and marble slab walls and radiant heated floors with a Nero Marquina border all finished with Dornbracht Platinum fixtures and Nanz nickel hardware. With never more than two homes per floor, life at The Woolworth Tower Residences offers a club like intimacy while surrounded by world-class restaurants, hotels and shopping. Offering white glove service and amenities that include the Gilbert Lounge, Woolworth Pool, Fitness Studio, Wine Cellar and Tasting Room, Bike Room, On-Site Attended parking and resident-only Lobby.

Last Listed By

Stan Ponte

Sothebys International Realty License #30po0894635 Listed on: 07/22/2021

Sothebys International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $43,080

Year Built

  • Built in 1910

Lot Details

  • 0.68

HOA Fees

  • $4,393 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 2,548 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 2 Bedrooms

Community Details

  • 33 Units
  • Tribeca Subdivision
  • 61-Story Property

Listing and Financial Details

  • Tax Block 00123

Property Details

Home Type

Condominium

Est. Annual Taxes

$43,080

Year Built

Built in 1910

Lot Details

0

HOA Fees

$4,393 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: TriBeCa
  • Architectural Style: Prewar
  • Entry Level: 36
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 61

Interior Features

  • Living Area: 2548.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 2

Garage/Parking

  • Garage: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 4393.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Area: 29411.0
  • Lot Size Dimensions: 151.58 x 197.75

Building Info

  • New Construction: No
  • Units: 33
  • Total Stories: 61
  • Year Built: 1910

Tax Info

  • Tax Block: 00123
  • Tax Annual: 43080.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Sep 8, 2021
Sold by
Woolworth 100 Owner Llc
Bought by
Chaddock Jeffery D and Morrow Mark A
Seller's Agent
Stan Ponte
Sothebys International Realty
List Price
$5,575,000
Sold Price
$5,150,000
Premium/Discount to List
-$425,000
-7.62%
Total Days on Market
0
Current Estimated Value
$5,122,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,712
Avg. Annual Appreciation
-0.15%
Original Mortgage
$3,605,000
Outstanding Balance
$3,325,697
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,796,591

Range of Values:

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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
Chaddock Jeffery D $5,150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaddock Jeffery D $3,605,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2021 09/13/21 Sold $5,150,000 -7.6% $2,021 / Sq Ft
07/22/2021 07/22/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $5,575,000 -- $2,188 / 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
2024 $57,237 $457,825 $36,044 $421,781
2023 $54,720 $437,689 $36,044 $401,645
2022 $49,963 $453,342 $36,044 $417,298
2021 $46,762 $422,607 $36,044 $386,563
2020 $45,028 $410,976 $36,044 $374,932
2019 $42,792 $404,782 $36,044 $368,738
2018 $41,040 $344,777 $36,044 $308,733
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10901384

Real Estate Board of New York (REBNY)

APN: 0123-1014