19 PARK Place #4A
About This Property
This 716 square foot home is uniquely designed to allow the resident to enjoy the option of one-bedroom-style living though sleek custom light-allowing frosted sliding glass doors and a spacious reach-in closet with an open living and dining area.
This pristine home is equipped with high-end finishes including 6-inch wide plank European oak flooring throughout, smart home-ready wiring, central heating and cooling, and a Miele washer and dryer. The kitchen features custom Desert oak cabinets, polished statuary marble solid slab countertops and backsplash, paneled Subzero refrigerator, Wolf gas cooktop and electric wall oven, and Viking paneled dishwasher and microwave. The bathroom is luxuriously detailed with polished walnut brown Haisa marble walls, radiant-heated honed onyx porcelain floors by Ariostea Ultra Onici, polished nickel Hansgrohe fixtures, and a soaking tub with rainfall showerhead and handheld shower wand. This half-floor residence has been sound engineered to include specialized high-density acoustic insulation in the flooring and a sound-dampening wrap-around curtain wall to provide the luxury of peace and quiet to residents.
Iris Tribeca, designed by renowned architect Ismael Leyva, is a distinctive full-service condominium with 24 full-floor and half-floor residences. The boutique building has a beautifully designed atrium-like lobby featuring hand-crafted light and sculptural designs and a 19' vein-cut limestone waterfall; and has stylish lifestyle amenities, such as doorman service, a fitness center, a residents-only lounge, children's play area, a tranquil landscaped courtyard garden, heated sidewalk, private storage, and cold storage. Situated on the same block as the new Four Seasons Hotel and Woolworth building, Iris TriBeCa is just around the corner from City Hall Park at the nexus of TriBeCa and the Financial District. It is moments from high-end dining and shopping options, Whole Foods, One World Trade Center, Brookfield Place, Rockefeller Park, and the Hudson River Greenway. Transportation could not be any more convenient, as it is near the subway lines 2/3/A/C/E/R/W and within 1-2 blocks from lines 1/4/5/6. Pets are welcome.
*Common Charges and Taxes reflected are inclusive of a pre-determined credit to be given at closing
THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM SPONSOR. FILE NO. CD13-02841.
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Cap Rate Calculator
What does this mean?
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%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
May 19, 2023 | Sold | ||
Sold | |||
Jun 28, 2022 | In contract | - | |
In contract | |||
Jun 22, 2022 | Listed by Serhant LLC | $1,250,000 | |
Listed by Serhant LLC |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
06/11/2023
|
2 Bed
|
2 Bath
|
-
|
$3,500,000
2 Bed
2 Bath
|
$3,500,000
06/12/2023
|
-
|
Andrew Klima
Serhant
| |
09/19/2022
|
2 Bed
|
3 Bath
|
-
|
$3,700,000
2 Bed
3 Bath
|
-
-
|
-
|
Ryan Serhant
SERHANT.
| |
09/19/2022
|
3 Bed
|
3 Bath
|
-
|
$3,600,000
3 Bed
3 Bath
|
-
-
|
-
|
Ryan Serhant
SERHANT.
| |
07/05/2022
|
2 Bed
|
2 Bath
|
1336 ft²
|
$2,400,000
2 Bed
2 Bath
1336 ft²
|
$2,400,000
05/11/2023
|
-
|
Brian Chan
RE/MAX 1st Choice
| |
06/28/2022
|
1 Bed
|
1 Bath
|
-
|
$1,580,000
1 Bed
1 Bath
|
-
-
|
-
|
Ryan Serhant
SERHANT.
| |
06/22/2022
|
1 Bed
|
1 Bath
|
716 ft²
|
$1,250,000
1 Bed
1 Bath
716 ft²
|
$1,250,000
05/19/2023
|
-
|
Brian Chan
RE/MAX 1st Choice
| |
06/13/2022
|
2 Bed
|
2 Bath
|
1336 ft²
|
$2,450,000
2 Bed
2 Bath
1336 ft²
|
$2,450,000
07/07/2023
|
-
|
Brian Chan
RE/MAX 1st Choice
| |
06/09/2022
|
1 Bed
|
1 Bath
|
817 ft²
|
$1,475,000
1 Bed
1 Bath
817 ft²
|
$1,475,000
06/19/2023
|
-
|
Brian Chan
RE/MAX 1st Choice
| |
06/09/2022
|
2 Bed
|
2 Bath
|
1336 ft²
|
$2,695,000
2 Bed
2 Bath
1336 ft²
|
$2,600,000
-3.53%
11/16/2023
|
-
|
Brian Chan
RE/MAX 1st Choice
| |
06/02/2022
|
Studio
|
1 Bath
|
716 ft²
|
$1,100,000
Studio
1 Bath
716 ft²
|
$1,100,000
05/22/2023
|
-
|
Brian Chan
RE/MAX 1st Choice
| |
06/01/2022
|
3 Bed
|
3 Bath
|
1587 ft²
|
$3,350,000
3 Bed
3 Bath
1587 ft²
|
$3,350,000
07/20/2023
|
-
|
Brian Chan
RE/MAX 1st Choice
| |
04/25/2022
|
1 Bed
|
1 Bath
|
817 ft²
|
$1,350,000
1 Bed
1 Bath
817 ft²
|
$1,350,000
05/25/2023
|
-
|
Brian Chan
RE/MAX 1st Choice
| |
04/25/2022
|
2 Bed
|
2 Bath
|
1336 ft²
|
$2,800,000
2 Bed
2 Bath
1336 ft²
|
$3,000,000
+7.14%
05/11/2023
|
-
|
Brian Chan
RE/MAX 1st Choice
| |
04/25/2022
|
2 Bed
|
2 Bath
|
1336 ft²
|
$2,350,000
2 Bed
2 Bath
1336 ft²
|
$2,350,000
05/02/2023
|
-
|
Brian Chan
RE/MAX 1st Choice
| |
04/25/2022
|
1 Bed
|
1 Bath
|
716 ft²
|
$1,150,000
1 Bed
1 Bath
716 ft²
|
$1,150,000
07/01/2023
|
-
|
Brian Chan
RE/MAX 1st Choice
|
Building Info

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