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Spring

225 Lafayette Street, New York, NY 10012
Condo in NoLita
42 Units
2 Units For Sale
Unit for sale at 225 Lafayette Street, Manhattan, NY 10012

$4,395,000 ↓ $100K

  • 2 Beds
  • 3 Baths
  • 2,047 ft²
225 Lafayette Street #6D, Manhattan, NY 10012 Listing by Trevor Stephens, Andre St

Unit for sale at 225 LAFAYETTE Street, Manhattan, NY 10012

$2,500,000 In Contract

  • 2 Beds
  • 2 Baths
  • 1,254 ft²
225 LAFAYETTE Street #5A, Manhattan, NY 10012 Listing by Matthew Slosar

Spring is a condo located 225 Lafayette Street, in NoLita, New York. The building was first built in 1926 and is 98 years old. It was first renovated and altered in 1988. But was most recently renovated and altered in 2003. The lot that the building was built on is 76 feet wide and 114 feet long. The official lot area is listed as 7,922 square feet. The building itself is 80 feet wide and 100 feet long. In total, 225 Lafayette Street has a total floor area of 79,440 square feet. Of that, 69,315 square feet are used for residential purposes. About 10,125 square feet of the building are used for commercial purposes. There are a total of 42 units. Of those, 41 are residential units. There are 1 commercial units. 225 Lafayette Street has a total of 12 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? Great news, subletting is currently allowed, which makes this a great opportunity for folks who just want a secondary home or make some passive rental income. There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! Better yet, washer and dryers are allowed in each unit. Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 115 closings on record, of which we have matching data for 26 listings. In the past 3 years, a listing in this building will typically remain on the market for about 150 days and tend to sell above the original asking price of $3,422,500 by 0.83%. Meaning, listings tend to sell at a median of $2,011 price per square foot. The transaction that took the longest to complete was unit 12B, listed on Oct 05, 2017 for $5,100,000. This particular unit ultimately sold 355 days later for $3,835,000. The most recent transaction was for unit 11D, which was first advertised on Sep 09, 2023, sold for $4,550,000 on Dec 27, 2023. Fun fact, the oldest transaction we have on record took place on Mar 04, 1997. See the full transaction history for Spring below.

NoLita, where 225 Lafayette Street is located, has a median asking price of $2,150,000 for condo buildings. Meanwhile, the building itself has a median asking price of $3,422,500. For interested buyers, that means the building's median asking price is around 1.88% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

There are currently 2 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $4,395,000. It is a 2,047 sqft 2 bedroom and 3 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $2,500,000. It is a 1,254 sqft 2 bedroom and 2 bathroom unit. A breakdown of active listings shows no studio, no one-bedroom, 2 two-bedroom, no three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $3,447,500. Collectively, the median square footage of these active units for sale is 1,651 sqft. Active units for sale at 225 Lafayette Street are mostly 2-bedroom apartments Active units for sale at 225 Lafayette Street have a median count of 2 bedrooms and have a median count of 2.5 bathrooms.

Building Features

Laundry

Washer / Dryer Allowed

Building Style

Prewar

Services

Doorman
Concierge

Accessibility

Elevators

Pet Policy

Dogs Allowed / Cats Allowed

Condition

New Construction

Outdoor Space

Roof Deck
Terrace

Ownership & Occupancy

Sublets Allowed
Pied-à-Terre Allowed

Facilities

Storage Available
This property description is generated based on publicly available data.

26 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230909 Unit 11D
09/09/2023
11D
2 Bed
3 Bath
2063 ft²
$4,695,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
2063 ft²
$4,550,000 -3.09%
12/27/2023
Trevor Stephens
Compass
20220926 Unit 7A
09/26/2022
7A
2 Bed
2 Bath
1283 ft²
$2,850,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1283 ft²
$2,400,000 -15.79%
12/15/2022
Andrew Schwartz
Corcoran Group
20210322 Unit 15D
03/22/2021
15D
2 Bed
3 Bath
2032 ft²
$4,250,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
2032 ft²
$3,975,000 -6.47%
09/03/2021
Harriet Kaufman
Coldwell Banker Warburg
20201215 Unit 7C
12/15/2020
7C
2 Bed
3 Bath
1550 ft²
$3,000,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
1550 ft²
$2,900,000 -3.33%
05/13/2022
-
John Edwards
The Corcoran Group
20200820 Unit 7D
08/20/2020
7D
2 Bed
3 Bath
2047 ft²
$3,795,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
2047 ft²
$3,700,000 -2.50%
08/30/2021
-
Nicholas Gavin
Compass
20200718 Unit 9C
07/18/2020
9C
2 Bed
3 Bath
1547 ft²
$3,500,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
1547 ft²
$3,125,000 -10.71%
05/06/2021
Josh Rubin
Douglas Elliman Real Estate
20191105 Unit 11B
11/05/2019
11B
3 Bed
4 Bath
2154 ft²
$3,995,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
2154 ft²
$3,995,000
03/16/2020
-
Catherine Juracich
Prudential Douglas Elliman Real Estate
20190329 Unit 5D
03/29/2019
5D
2 Bed
3 Bath
2057 ft²
$3,600,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
2057 ft²
$3,050,000 -15.28%
11/26/2019
Kyle W. Blackmon
Compass
20180619 Unit 7D
06/19/2018
7D
2 Bed
2 Bath
2047 ft²
-
bedrooms
2 Bed
bathrooms
2 Bath
square feet
2047 ft²
-
-
-
-
20180313 Unit 12B
03/13/2018
12B
3 Bed
4 Bath
2154 ft²
$4,650,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
2154 ft²
$3,835,000 -17.53%
09/26/2018
-
Ugo Russino
Compass
20170414 Unit 8C
04/14/2017
8C
2 Bed
2.5 Bath
1500 ft²
$3,212,127
bedrooms
2 Bed
bathrooms
2.5 Bath
square feet
1500 ft²
$3,212,130 +0.00%
09/26/2017
Joshua Doyle
Compass
20161206 Unit 8D
12/06/2016
8D
2 Bed
2.5 Bath
2032 ft²
$4,295,000
bedrooms
2 Bed
bathrooms
2.5 Bath
square feet
2032 ft²
$4,010,000 -6.64%
03/02/2017
Elisabeth Spano
CORE Group Marketing LLC
20161118 Unit 7D
11/18/2016
7D
2 Bed
2.5 Bath
2032 ft²
$3,795,000
bedrooms
2 Bed
bathrooms
2.5 Bath
square feet
2032 ft²
$3,810,000 +0.40%
05/17/2017
Antony Sargent
CORE Group Marketing, LLC
20160719 Unit 9A
07/19/2016
9A
2 Bed
2 Bath
1254 ft²
$3,000,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1254 ft²
$2,900,000 -3.33%
11/30/2016
Cornelia Dobrovolsky
Corcoran Group
20150928 Unit 5A
09/28/2015
5A
2 Bed
2 Bath
1283 ft²
$2,650,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1283 ft²
$2,755,000 +3.96%
12/09/2015
Irene Sarri
Keller Williams NYC
20150909 Unit 7C
09/09/2015
7C
2 Bed
2.5 Bath
-
$3,350,000
bedrooms
2 Bed
bathrooms
2.5 Bath
$3,250,000 -2.99%
03/09/2016
Jennifer Alese
Nest Seekers International
20150713 Unit 9A
07/13/2015
9A
2 Bed
2 Bath
-
$2,495,000
bedrooms
2 Bed
bathrooms
2 Bath
$2,758,000 +10.54%
09/22/2015
Augusta Wilcox
Corcoran Group
20150512 Unit 5B
05/12/2015
5B
2 Bed
2 Bath
1151 ft²
$2,195,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1151 ft²
$2,420,000 +10.25%
09/24/2015
HOLLY PARKER
Douglas Elliman Real Estate
20150105 Unit 11D
01/05/2015
11D
2 Bed
2.5 Bath
-
$3,795,000
bedrooms
2 Bed
bathrooms
2.5 Bath
$4,025,000 +6.06%
03/26/2015
Adam Modlin
Modlin Group, The
20141118 Unit 5D
11/18/2014
5D
2 Bed
3 Bath
2057 ft²
$3,495,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
2057 ft²
$3,450,000 -1.29%
03/24/2015
JACQUELINE FOPIANO
Berkshire Hathaway HomeServices New York Properties
20141114 Unit 6C
11/14/2014
6C
2 Bed
2.5 Bath
-
$3,300,000
bedrooms
2 Bed
bathrooms
2.5 Bath
$3,300,000
03/16/2015
Kamali Chandler
Sothebys International Realty
20140623 Unit 7D
06/23/2014
7D
2 Bed
2.5 Bath
2032 ft²
$3,595,000
bedrooms
2 Bed
bathrooms
2.5 Bath
square feet
2032 ft²
$3,625,000 +0.83%
03/12/2015
Kyle Blackmon
Brown Harris Stevens Residential Sales LLC
20140318 Unit MEZZANINE
03/18/2014
2 Bed
2.5 Bath
3208 ft²
$6,750,000
bedrooms
2 Bed
bathrooms
2.5 Bath
square feet
3208 ft²
$5,000,000 -25.93%
02/05/2021
-
Meg Siegel
Sotheby's International Realty, Inc.
20140227 Unit 6C
02/27/2014
6C
2 Bed
3 Bath
1498 ft²
$3,250,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
1498 ft²
$3,100,000 -4.62%
07/02/2014
Joshua Rubin
Douglas Elliman Real Estate
20131028 Unit 12D
10/28/2013
12D
2 Bed
2.5 Bath
2063 ft²
$3,895,000
bedrooms
2 Bed
bathrooms
2.5 Bath
square feet
2063 ft²
$3,910,000 +0.39%
12/17/2013
Susan Raanan
Brown Harris Stevens Residential Sales LLC
20130805 Unit 9C
08/05/2013
9C
2 Bed
3 Bath
1547 ft²
$2,750,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
1547 ft²
$2,806,000 +2.04%
11/07/2013
Joshua Rubin
Douglas Elliman Real Estate

Building Info

Overview

    General

  • Year Built: 1926
  • First Altered Year: 1988
  • Recent Altered Year: 2003
  • Building Count: 1
  • Floor Count: 12
  • Total Unit Count: 42
  • Residential Unit Count: 41
  • Basement Type: 5

    Dimensions

  • Lot Area Sqft: 7,922
  • Lot Size Depth Feet: 114
  • Lot Size Frontage Feet: 76
  • Building Depth: 100
  • Building Frontage: 80
  • Gross Building Area: 79,440

    Building Floor Area

  • Residential Building Floor Area: 69,315
  • Commercial Building Floor Area: 10,125
  • Retail Building Floor Area: 10,125

    Floor Area Ratio

  • Built Floor Area Ratio: 10
  • Residential Floor Area Ratio: 6
  • Commercial Floor Area Ratio: 6
  • Facilities Floor Area Ratio: 7

Building

  • Building Type: RM
  • Lot Type: 0
  • Land Use: 04
  • Irregular Lot Code: Y

Neighborhood

  • Community District: 102
  • City Council District: 1
  • Police Precinct: 5
  • Fire Company: E055
  • Health Area: 6800
  • Sanitation District Borough: 1
  • Sanitation Subsection: 1G
  • School District: 02

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: C6-2
  • Special Purpose District 1: LI

Geography

  • Borough Name: MN
  • Borough Code: 1
  • Block: 481
  • Lot: 7502
  • Borough Block Lot: 1004817502

    Address

  • Full Address: 225 Lafayette Street
  • Condominium Number: 1363
  • Zip Code: 10012

Valuation

    Assessments Valuation

  • Assessed Total Value: $11,621,696
  • Assessed Land Value: $1,349,996

    Exemptions

  • Exempt Total Value: $116,132
  • Exempt Land Value: $0

About Downtown Manhattan




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Frequently Asked Questions

What neighborhood is 225 Lafayette Street located in?
The 225 Lafayette Street is a condo located in the neighborhood of NoLita in Downtown Manhattan, New York.
How many listings are currently for sale in 225 Lafayette Street?
There are two listings currently on the market for sale.
What is the average sales price for listings in 225 Lafayette Street?
The average sales price for units in 225 Lafayette Street is $3,422,500 , or $2,011/sqft. currently.

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