$2,399,999
OPEN SUN 2PM - 3:30PM

225 Lafayette St Unit 5B New York, NY 10012

Nolita Neighborhood

Estimated payment $16,677/month

Total Views 6,730
2 Beds
2 Baths
1,174 Sq Ft
$2,044 Price per Sq Ft

Highlights

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

About This Home

The Luxury of Prewar Elegance - The Joy of a Prime Soho Location.
Rising above the crossroads of Soho and Nolita, 225 Lafayette Street is a highly regarded prewar condominium designed by the legendary Cass Gilbert. Residence 5B is a 2 bedroom, 2 bathroom currently configured as a one bedroom. The flexible layout provides for a grand living space that can easily be separated by sliding doors or a wall. Open views of Soho in a prime location provide an exceptional opportunity in this highly sought after location. Enter the apartment into a foyer overlooking the great room and a large walk in closet to your right serves as a guest closet or pantry.
Marrying prewar elegance with downtown chic, the open living floorplan and articulated beamed ceilings create a classic loft aesthetic. The four West-facing tilt and turn picture windows open the living/dining room and allow natural light to permeate throughout the residence with skyline views. The u-shaped kitchen by Poliform features clean lines and white lacquer cabinetry blending seamlessly into granite countertops. The top-of-the-line appliance package includes a Bosch cooktop with vented Miele hood, Bosch convection oven, Sub-Zero refrigerator and Miele dishwasher. There is an abundance of storage in addition to the pantry.
Offset and private from the rest of the home, the oversized luxurious primary suite overlooks Soho and boasts great sunset views. A massive walk in closet is lined with built-ins adding maximized and convenient storage. A second double closet provides even more storage. The ensuite bathroom is a spa-like retreat featuring marble tile, elongated double vanity, separate stall shower next to a deep soaking tub by Kohler. On the other side of the apartment, the second bedroom can easily fit a king-sized bed and also has an ensuite bathroom with matching finishes.
This ideal layout maintains a balanced flow throughout with flexible options. There is also added storage in the washer and dryer closet.
The Spring Condominium is a notable example of Beaux-Art architecture and former home to the Italian Savings Bank. Cass Gilbert, the distinguished architect whose portfolio includes the Woolworth Building and the New York Life Insurance Building, designed this 12 story building in 1923. Converted to a 41 unit condominium in 2005, amenities include a full-time doorman, full-time superintendent, and landscaped common roof deck with stunning open views. Steps to transportation and incredible restaurants, such as Balthazar, Saint Ambroeus, and Jack's Wife Freda. Neighborhood convenience includes the Equinox two blocks away and the countless shopping options across Soho, Nolita and Noho.
Images are Virtually Staged.

Listing Agent

Michael Soheil

Corcoran Group License #10401294403

Corcoran Group

Open House Schedule

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,013

Year Built

  • Built in 1926

HOA Fees

  • $1,781 Monthly HOA Fees

Interior Spaces

  • 1,174 Sq Ft Home
  • City Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed
  • Washer Hookup

Additional Features

  • West Facing Home
  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 0456 / 00481

Community Details

Overview

  • 41 Units
  • High-Rise Condominium
  • Nolita Subdivision
  • 12-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,013

Year Built

Built in 1926

Lot Details

0

HOA Fees

$1,781 per month

Listing Details

  • Exposures: West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Nolita
  • Entry Level: 5
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Pets No Pets Comments: with approval,Building Pets Allowed Comments:with approval
  • Special Features: OpenHouse
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 1174.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • View: City Lights, City
  • View: Yes
  • Exterior Features: Building Roof Deck, None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None, Washer Hookup, In Unit
  • Cooling: Other
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1781.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Zoning Description: C6-2

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 41
  • Total Stories: 12
  • Year Built: 1926

Tax Info

  • Tax Block: 00481
  • Tax Lot: 0456

Map

Range of Values:

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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

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 $18,013 $144,077 $17,507 $126,570
2023 $17,432 $142,108 $17,507 $124,601
2022 $16,447 $156,084 $17,507 $138,577
2021 $16,187 $131,958 $17,507 $114,451
2020 $16,762 $146,156 $17,507 $128,649
2019 $15,794 $142,868 $17,507 $125,361
2018 $14,612 $137,875 $17,508 $120,367
2017 $13,520 $130,511 $17,507 $113,004
2016 $12,631 $113,774 $17,507 $96,267
2015 $8,664 $99,512 $17,508 $82,004
2014 $8,664 $90,234 $17,508 $72,726
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2025 04/26/25 For Rent $10,999 0.0% --
09/18/2024 09/18/24 For Sale $2,399,999 -0.8% $2,044 / Sq Ft
07/29/2015 07/29/15 Sold $2,420,000 +10.3% $2,103 / Sq Ft
06/29/2015 06/29/15 Pending -- -- --
05/13/2015 05/13/15 For Sale $2,195,000 -- $1,907 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Deed History

Date Type Sale Price Title Company
Deed -- --
Deed $2,420,000 --
Deed $1,074,254 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 Unknown
Open $1,694,000 No Value Available
Previous Owner $780,000 Purchase Money Mortgage
Source: Public Records

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11010387

Real Estate Board of New York (REBNY)

APN: 0481-1109