NOT LISTED FOR SALE

Estimated Value: $4,138,000 - $5,011,324

4 Beds
3.5 Baths
3,215 Sq Ft
$3,143/mo HOA Fee

Last Sold April 03, 2023

Last sale price $5,500,000 $1,711 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $31,283/month

131 Days on Market

Highlights

  • Building Terrace
  • 1-minute walk to Chambers Street (A,C Line)
  • 3-minute walk to African Burial Ground National Monument
  • P.S. 397 Spruce Street School Rated A
  • Central Air

About This Home

As of April 2023

Presenting Tribecas newest boutique luxury condominium, 66 Reade Street.

Upon directly entering this four bedroom home from the elevator you are presented with soaring ceilings and southern daylight from the array of six oversized arched windows connecting the open living and dining spaces. The expansive living room is crowned with a 54 gas fireplace by Town And Country. Adjacent to the living room, is a bonus room that can be used as a study. Throughout the home are 6 wide plank, white oak wood floors by Carlisle in a custom heirloom finish. The chefs kitchen opens to the living space and is detailed for any host, outfitted with an all Dacor appliance package: 36 chefs gas range with a vented hood, paneled dishwasher, microwave, 30 paneled refrigerator, as well as a full height 24x 84 beverage and wine cooler. The kitchen also boasts two stainless steel sinks with Franke faucets, under cabinet LED lighting, a garbage disposal, and Caesarstone Calacatta Nuvo quartz countertops. Storage is abundant with two walls of soft-close European cabinetry finished in walnut and white from the esteemed Germany cabinet company, Nolte. On the other side of this floor-through home, find the king-sized primary bedroom, with a large walk-in closet. The spa-inspired ensuite bathroom features a 20 Davinci deep soaking tub, porcelain-lined steam shower, double-sink vanity, private water closet, and radiant heated floors. The three additional bedrooms are at least queen sized, one featuring an ensuite bathroom. The home is also supplemented with a full guest bathroom and a powder room. Truly designed for modern luxuries and convenience, the residence is wired with Lutron Smart lighting and RadioRa for remote shade and music control. It also has a smart thermostat, and built-in humidifier. The utility room has a large LG 4CF capacity washing machine, a 7.5CF capacity gas-fired external venting dryer, as well as a service sink and extra room for storage. The home also comes with a 105 sq ft private storage unit in the cellar. The building features a Carson Remote Doorman system. With the convenience of the Carson app, coupled with a video intercom, owners will be able to view visitors, create and manage digital keys, while having packages securely delivered to the locked package room. The buildings cellar includes a well-appointed 561 square foot gym that is accessible by elevator from each residence. The gym features the latest strength and conditioning equipment, including a Peloton bike and Tread, as well as a Tonal digital workout system. The neighborhood boasts a wide variety of dining, arts, and recreation options. Located just minutes from 9 subway lines, one block to the East is City Hall Park with its seasonal farmers market, and just a few blocks to the west is Pier 25 with its volleyball courts, playgrounds, mini golf, and irreplaceable Hudson River views. THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM SPONSOR. FILE NO. CD16-0371. SPONSOR: HIEBER READE STREET, LLC, 66 READE STREET, NEW YORK, NY 10007

Last Listed By

Jason Warner

Real New York License #40WA1032500 Listed on: 09/21/2022

Real New York

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $62,064

Year Built

  • Built in 1880

Lot Details

  • 3,920

HOA Fees

  • $3,143 Monthly HOA Fees

Home Design

  • 3,215 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air

Listing and Financial Details

  • Tax Block 150

Community Details

Overview

  • Tribeca Subdivision

Amenities

  • Building Terrace

Property Details

Home Type

Condominium

Est. Annual Taxes

$62,064

Year Built

Built in 1880

Lot Details

0

HOA Fees

$3,143 per month

Listing Details

  • Cross Street: Broadway & Church
  • Property SubType: Loft
  • Property Type: Residential
  • Neighborhood: Tribeca
  • Architectural Style: Loft
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 3215.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 4

Exterior Features

  • Patio/Porch Features: Building Terrace

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 3143.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Year Built: 1880

Tax Info

  • Tax Block: 150
  • Tax Annual: 62064.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2022
Closed on
Apr 3, 2023
Sold by
Hieber Reade Street Llc
Bought by
Catts Michael David and Robinson Kristen
Seller's Agent
Jason Warner
Real New York
List Price
$6,300,000
Sold Price
$5,500,000
Premium/Discount to List
-$800,000
-12.7%
Total Days on Market
131
Views
18
Current Estimated Value
$4,492,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,007,919
Avg. Annual Appreciation
-3.46%
Original Mortgage
$4,125,000
Outstanding Balance
$4,040,511
Interest Rate
6.65%
Mortgage Type
Unknown
Estimated Equity
$1,072,312

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

Purchase History

Date Buyer Sale Price Title Company
Catts Michael David $5,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hieber Reade Street Llc $4,125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2023 04/03/23 Sold $5,500,000 -8.3% $1,711 / Sq Ft
01/31/2023 01/31/23 Pending -- -- --
10/20/2022 10/20/22 Price Changed $5,995,000 -4.8% $1,865 / Sq Ft
09/21/2022 09/21/22 For Sale $6,300,000 -- $1,960 / 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 $36,810 $294,432 $45,221 $269,918
2023 $34,083 $272,622 $24,437 $248,185
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10838626

Real Estate Board of New York (REBNY)

APN: 6201-0000-00150-000-0001404