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Southbridge Towers, 299 Pearl Street, #25G

Listing no longer available on CityRealty as of Mar 12, 2018
It previously was on the market for a total of 19 days.
Last Sold on Jul 3, 2018 for $515,000
Studio, 1 bath
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  • Buyers
  • Rohan Parikh
  • Sellers
  • Carol S. Kelly, As Executor
  • Estate Of Rose Eckert
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19 days on Market

Pricing History

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Key Details

  • Listed: Feb 21, 2018
    Days on Market: 19
    Building Type: Cooperative
    Neighborhood: Financial District (Manhattan)
    Listing viewed 153 times
Monthly Maintenance: $376
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $3,102
Note: the above is based on a down payment of 20% ($99,000), which is the minimum amount permitted by the building.

Description

77 FULTON STREET, APT 25G STUDIO - ACCEPTED OFFER ANNUAL MORTGAGE INTEREST & REAL ESTATE TAX DEDUCTIONS Mortgage Interest - $229.19 Real Estate Tax - $2,046.48 SUBLET POLICY - After the first two (2) years of occupancy, the shareholder is permitted to sublease the apartment for 2 years out of every 5 year period. Southbridge Towers is a former Mitchel-Lama rental complex turned into Private Cooperative in late 2015. There is a 28% Flip Tax for the original owners (only for the first ever sale of apartments at SBT), the Flip Tax helps maintain the Low Maintenance Fee's. The second sale (and every subsequent sale) of the apartment only requires a 2.5% Flip Tax.

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About Southbridge Towers, 299 Pearl Street

75

Southbridge Towers, 299 Pearl Street has received a CityRealty Rating of 75, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

26
Out of 44
+
29
Out of 36
+
12
Out of 39
+
8
=
75
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Attractive 4 out of 8 points
Retail Quality:
Good 3 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
Very Attractive 3 out of 3 points
Contextual Design:
No, but OK 1 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Discrete 1 out of 2 points
Free Standing:
Free Standing 2 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Attractive 2 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Attractive / Pleasant 3 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Impressive 3 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Many 2 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
Less than 3 Short Blocks 2 out of 2 points
Distance To Park:
3-6 Short Blocks 1 out of 2 points
Distance To Water:
3-6 Short Blocks 1 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Minimal but Attractive 2 out of 5 points
Units Per Floor:
10-15 1 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
Many 2 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
Substantial 2 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
None 0 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
Yes 1 out of 1 points
Mixed Use:
Yes 1 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • High-Rise
  • Post War
  • Resident Storage
  • Garden
  • Washer/Dryer in building
  • Elevator
  • Children's Playroom
  • On-Site Parking
  • Sports Court
  • Terraces / Balconies

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