NOT LISTED FOR SALE

262 Mott St Unit 301 New York, NY 10012

Nolita Neighborhood

Estimated Value: $2,108,161 - $2,923,000

2 Beds
2 Baths
1,358 Sq Ft
$535/mo HOA Fee

Last Sold January 22, 2024

Last sale price $2,350,000 $1,730 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $15,933/month

125 Days on Market

Highlights

  • City View
  • 3-minute walk to Broadway-Lafayette Street
  • 2-minute walk to Elizabeth Street Garden
  • P.S. 130 - Hernando De Soto Rated A
  • West Facing Home

About This Home

As of January 2024

262 Mott Street, #301 Nolita, New York:

Extraordinary New York loft living awaits you in this magnificent 1,358+/- sq ft Pre-Civil War condo gem located in prime Nolita! Rarely available, and the only listing at sought-after historic 262 Mott Street, this jaw-dropping loft is brimming with character and original details, complemented by clean modern finishes. The fabulous split-2-bedroom 2 bath residence is a loft lover's dream that is move-in ready; or bring your own designer/architect to style to your unique taste.

Enter via an airy entry hallway with a large closet, revealing a gracious ambience bathed in natural light by 7 west-facing floor-to-ceiling windows, with treetop views overlooking charming Mott Street. Entertain in the spacious sun-filled living room enhanced by original vintage wood columns and beams, and rich hardwood floors. The seamless layout flows into a huge dining room and massive chef's kitchen featuring 25 linear feet of cabinetry storage and counter space, exposed white brick, plus premium appointments for the gourmet. Inspiring culinary creativity is a Viking stainless steel 4-burner stove with grill and oven with outside-vented hood, Miele stainless steel dishwasher, double-door stainless steel Bosch refrigerator, double sink, and Viking wine fridge.

Bedrooms are inviting and generously-sized with phenomenal built-in closets and sliding glass doors that afford cascading brightness and openness. The king-size primary suite additionally presents an ample work area, and wonderful 6-piece full bath with double sinks, a soaking tub, oversized shower and bidet. The second sun-flooded bedroom is wrapped in lovely white brick walls, with plentiful closet space and easy access to the second full 3-piece bath. Other highlights include chic track lighting to showcase artwork throughout, a convenient in-unit Miele washer-dryer, central heat/AC, and a designated water heater. Built in the 1850's as an armory, and situated on the most coveted block in Nolita, the handsome 5-story 262 Mott Street was impeccably transformed into a loft condominium with 28 completely unique residences. Home to many notable creatives, the building has an elevator, full-time super, video security system with cell phone control, and key fob entry.

The address is unrivaled, in the heart of the vibrant neighborhood minutes to fine restaurants, trendy boutiques, Whole Foods Market, Cafe Gitane, Supreme, and the great attractions of nearby SoHo, NoHo, Little Italy, the Bowery, Chinatown, and Lower East Side. The 6, R, F, M, W, D and B trains are close as well for getting around town. Super low monthlies (common charge is only $534. heighten the allure of this very special offering. Assessment ($772) ends June 2024.

Last Listed By

Lisa Wong

Douglas Elliman Real Estate License #30WO0840055 Listed on: 07/27/2023

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,336

HOA Fees

  • $535 Monthly HOA Fees

Interior Spaces

  • 1,358 Sq Ft Home
  • City Views
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • West Facing Home
  • No Cooling

Community Details

  • 22 Units
  • Mott St Condominium Condos
  • Nolita Subdivision
  • 5-Story Property

Listing and Financial Details

  • Legal Lot and Block 1117 / 00508

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,336

Lot Details

0

HOA Fees

$535 per month

Listing Details

  • Exposures: West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Nolita
  • Architectural Style: Loft
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Pets No Pets Comments: Pets Allowed,Building Pets Allowed Comments:Pets Allowed
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Fireplace: No
  • Living Area: 1358.0
  • 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
  • View: Yes
  • Exterior Features: None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None, In Unit
  • Green Building Features: Green Building
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 535.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: MOTT ST CONDOMINIUM
  • Units: 22
  • Total Stories: 5

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 00508
  • Tax Lot: 1117
  • Tax Annual: 18336.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2023
Closed on
Jan 22, 2024
Sold by
Sanchez America
Bought by
Delgado David and Yang Jing
Seller's Agent
Lisa Wong
Douglas Elliman Real Estate
List Price
$2,495,000
Sold Price
$2,350,000
Premium/Discount to List
-$145,000
-5.81%
Total Days on Market
125
Views
98
Current Estimated Value
$2,465,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,040
Avg. Annual Appreciation
5.74%
Original Mortgage
$1,600,000
Outstanding Balance
$1,582,486
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$940,067

Purchase Details

Closed on
Mar 6, 1996
Sold by
Jocar Realty Co Inc
Bought by
Sanchez America

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
Delgado David $2,350,000 --
Delgado David $2,350,000 --
Sanchez America -- --
Sanchez America -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delgado David $1,600,000
Closed Delgado David $1,600,000
Previous Owner Sanchez America $91,999
Previous Owner Sanchez America $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2024 01/22/24 Sold $2,350,000 -5.8% $1,730 / Sq Ft
11/30/2023 11/30/23 Pending -- -- --
11/07/2023 11/07/23 For Sale $2,495,000 0.0% $1,837 / Sq Ft
10/29/2023 10/29/23 Off Market $2,495,000 -- --
08/25/2023 08/25/23 For Sale $2,495,000 0.0% $1,837 / Sq Ft
08/15/2023 08/15/23 Off Market $2,495,000 -- --
07/27/2023 07/27/23 For Sale $2,495,000 -- $1,837 / 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 $19,670 $157,333 $25,182 $132,151
2023 $18,340 $149,505 $25,182 $124,323
2022 $17,365 $161,463 $25,182 $136,281
2021 $14,770 $138,118 $25,182 $112,936
2020 $18,665 $179,929 $25,182 $154,747
2019 $17,503 $177,598 $25,182 $152,416
2018 $16,411 $168,195 $25,182 $143,013
2017 $14,499 $164,739 $25,182 $139,557
2016 $12,683 $195,224 $25,182 $170,042
2015 $5,625 $126,594 $25,182 $101,412
2014 $5,625 $125,720 $25,182 $100,538
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10928478

Real Estate Board of New York (REBNY)

APN: 0508-1117