71 Nassau St #5C
New York, NY 10038 (Financial District)
Contact For Estimate

71 Nassau St #5C
New York, NY 10038

(Financial District)
  • 892 sqft
  • Condo
Off Market · Public Record
Contact For Estimate
71 Nassau St #5C
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  • 1 Elementary School

    5 Middle Schools

    2 High Schools

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  • Moderate crime relative to the rest of New York county.

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  • 4% of residents commute by car.

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  • 1605 Restaurants

    90 Grocery stores

    348 Nightlife

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Off Market · Public Record

Home Details

Overview
  • Condo
  • Built in 1906
  • 892 sqft
Description

This property is no longer available to rent or buy. This description is from January 15, 2016
Welcome home to this sun filled, loft like corner apartment in the historic Beaux Arts beauty - the Croft Building. This generously sized 896 square foot one bedroom/one bathroom apartment has an impressive 8 oversized widows - 6 south facing and 2 east facing. The apartment features 10 foot ceilings, 9 foot solid interior doors, 4 inch wide plank oak flooring which have been stained dark espresso, an exposed original steel beam, custom silk window treatments, air conditioning and a Miele washer and dryer. The galley kitchen includes sleek bamboo cabinetry, a subzero fridge, vented stove top, and all bosch appliances - stove, oven and dishwasher. The windowed bathroom room has slate flooring, a deep soaking tub with custom glass wall, custom tile work and Watermark fixtures. The bedroom, which sits at the corner, has 4 oversized widows and great morning light. There is abundant closet space throughout, all outfitted with California Closets. 71 Nassau is a boutique condominium in the center of a vibrant Financial District. Constructed in 1905, the building converted to luxury condos in 2006. The building has a full time doorman, a fitness center and a roof deck. In close proximity to the Seaport, the new Thompson Hotel, Four Seasons Hotel, Brookfield Place, one block from the new Fulton Transit Center and the many new restaurants (Spotted Pig/Nobu) opening soon. **The building has a 421G-tax abatement through 2020. There is an assessment of $215/month (not reflected in the $1195) running through 2016, which will cover the future planned renovation of the building lobby, facade improvements and sidewalk work.

Price History
Date
Price
Event

05/17/2016
$1,115,000
Sold
Recording Date
05/17/2016
Contract Date
05/03/2016
Sale Price
$1,115,000
Price Type
Full amount stated on Document.
County Transfer Tax
N/A
Total Transfer Tax
N/A
Transaction Type
Purchase/Resale Arm's Length Residential Transaction
Document Type
N/A

05/04/2016
$1,130,000
Posting removed

03/14/2016
$1,130,000
Pending

02/22/2016
$1,130,000
Price change
Price Change
-$20,000 (-1.74%)
Source
Douglas Elliman

01/14/2016
$1,150,000
Listed for sale

06/02/2006
$896,060
Sold
Recording Date
06/02/2006
Contract Date
05/18/2006
Sale Price
$896,060
Price Type
Full amount stated on Document.
County Transfer Tax
N/A
Total Transfer Tax
N/A
Transaction Type
Purchase/Resale Arm's Length Residential Transaction
Document Type
N/A

Property Taxes and Assessment
Year
2016
Tax
$10,496.12
Assessments
$101,516
Land
$16,307
Improvements
$85,209
Total
$101,516
Market Value
N/A

Affordability
Additional Costs

Price Trends
Real Estate Trends
Average Listing Price for 10038
$1,970,782
77% above sold price
Median Sale Price for 10038
$1,240,000
11% above sold price
Average Sale price/sqft for 10038
$1,253/sqft
Comparables and Estimates
Sold Homes
Address Distance Property Type Sold Price Sold Date Bed Bath Sqft
0.48
Condo
$620,000
11/17/17
-
-
625
2.32
Condo
$950,000
11/17/17
-
-
1,258
3.63
Condo
$775,000
12/05/17
-
-
611
2.13
Condo
$850,000
12/06/17
-
-
517
2.9
Condo
$900,000
12/06/17
-
-
741
3.7
Condo
$596,000
11/22/17
-
-
466
2.42
Condo
$750,000
11/22/17
-
-
431
4.18
Condo
$925,000
12/06/17
-
-
537
3.95
Condo
$895,000
12/04/17
-
-
854
4.15
Condo
$715,000
12/01/17
-
-
554

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