114 LUQUER Street #PHB
About This Property
Penthouse B is a spacious sun flooded loft-like home with two bedrooms, two full bathrooms, wide plank white oak floors throughout, and two terraces with panoramic vistas of lower Manhattan and the continuously developing Downtown Brooklyn Skyline. The residence is defined by a spacious, open concept kitchen, which is equipped with high-end integrated Fisher & Paykel appliances, custom cabinetry and honed veined quartz countertops. Appreciate the high ceilings throughout the home, oversized custom windows, and triple exposures. The primary bedroom includes a large closet and en-suite windowed bathroom with ceiling fan. Access one of two terraces from either bedroom or the living room. There is also a washer/dryer that externally vents.
538 Clinton is nestled on the idyllic corner of Clinton and Luquer Street and conveniently located amid world-class shopping and dining on Court and Smith Streets. The Carroll Street F/G subway entrance is at 2nd Place and Citibikes are just a block away. Please note the entrance is located at 538 Clinton Street. 538 Clinton Street: This is not an offering. The complete offering terms are in an offering plan available from File No. CD200107.
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 28, 2022 | Sold | ||
| Sold | |||
| Dec 2, 2022 | In contract | - | |
| In contract | |||
| Oct 20, 2022 | Listed by Douglas Elliman Real Estate | $1,300,000 | |
| Listed by Douglas Elliman Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/16/2022
|
3 Bed
|
2 Bath
|
1172 ft²
|
$1,950,000
3 Bed
2 Bath
1172 ft²
|
$2,000,000
+2.56%
03/27/2023
|
Nadia Bartolucci
Prudential Douglas Elliman Real Estate
| |
|
10/20/2022
|
2 Bed
|
2 Bath
|
782 ft²
|
$1,300,000
2 Bed
2 Bath
782 ft²
|
$1,300,000
12/28/2022
|
Nadia Bartolucci
Prudential Douglas Elliman Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017