Southbridge Towers – Closed Sales Database

Prepared By: Michael A. Roché – Area New York

Total # of Sales = 192

# ADDRESS APT  PHOTOS SIZE DATE SELLER BUYER PRICE
192
90
GOLD
12B PHOTOS 1-BR 8/9/18 SELLER BUYER $710,000
191 333
PEARL
10K PHOTOS 2-BR 8/3/18 SBT BUYER $960,000
190
77
FULTON
21L 2-BR 7/30/18 SELLER BUYER $995,000
189 100
BEEKMAN
6E PHOTOS 1-BR 7/26/18 SELLER BUYER $708,000
188 90
GOLD
11F PHOTOS 1-BR 7/17/18 SELLER BUYER $695,000
187
77
FULTON
26A PHOTOS 0-BR 7/12/18 SELLER BUYER $530,000
186
77
FULTON
12C PHOTOS 2-BR 7/10/18 SELLER BUYER $1,170,000
185
77
FULTON
25G PHOTOS 0-BR 7/3/18 SELLER BUYER $515,000
184
77
FULTON
19E PHOTOS 1-BR 7/3/18 SELLER BUYER $750,000
183 100
BEEKMAN
13D PHOTOS 2-BR 6/28/18 SBT BUYER $1,280,000
182 100
BEEKMAN
19K PHOTOS 2-BR 6/26/18 SELLER BUYER $985,000
181 299
PEARL
2H ? 6/4/18 SELLER BUYER $820,000
180
77
FULTON
24H PHOTOS 1-BR 6/1/18 SBT BUYER $730,000
179
77
FULTON
5K PHOTOS 2-BR 5/30/18 SELLER BUYER $958,515
178 80
BEEKMAN
6H 2-BR 5/29/18 SELLER BUYER $1,020,000
177 90
GOLD
16J 1-BR 5/29/18 SELLER BUYER $688,888.88
176 333
PEARL
10F PHOTOS 1-BR 5/25/18 SBT BUYER $725,000
175 100
BEEKMAN
1H PHOTOS 2-BR 5/23/18 SELLER BUYER $885,000
174 100
BEEKMAN
24L PHOTOS 2-BR 5/10/18 SELLER BUYER $1,025,000
173 90
GOLD
9G PHOTOS 0-BR 5/8/18 SELLER BUYER $525,000
172 100
BEEKMAN
24M 1-BR 4/30/18 SELLER BUYER $751,000
171 333
PEARL
24C PHOTOS 2-BR 4/11/18 SELLER BUYER $1,035,000
170
77
FULTON
15M PHOTOS 1-BR 4/4/18 SELLER BUYER $735,000
169 333
PEARL
18C PHOTOS 2-BR 3/28/18 SELLER BUYER $1,088,888
168 90
GOLD
18K PHOTOS 2-BR 3/13/18 SELLER BUYER $940,000
167
77
FULTON
11J PHOTOS 1-BR 3/9/18 SELLER BUYER $743,888
166
77
FULTON
6J PHOTOS 1-BR 3/5/18 SBT BUYER $665,000
165 100
BEEKMAN
4A PHOTOS 0-BR 3/1/18 SBT BUYER $489,000
164 100
BEEKMAN
18N 1-BR 2/27/18 SELLER BUYER $745,000
163 333
PEARL
5E PHOTOS 1-BR 2/16/18 SELLER BUYER $665,000
162 299
PEARL
3H PHOTOS 2-BR 2/2/18 SELLER BUYER $969,000
161 100
BEEKMAN
26N PHOTOS 1-BR 1/12/18 SBT BUYER $791,500
160 333
PEARL
23A PHOTOS 0-BR 1/8/18 SELLER BUYER $635,000
159
77
FULTON
5M PHOTOS 1-BR 12/28/17 SELLER BUYER $700,000
158 90
GOLD
8H PHOTOS 1-BR 12/15/17 SELLER BUYER $700,000
>> 299
PEARL
6C HALL 12/15/17 SBT BUYER $30,792.47
157
77
FULTON
5A PHOTOS 0-BR 12/14/17 SELLER BUYER $475,000
156 333
PEARL
12G PHOTOS 0-BR 12/13/17 SELLER BUYER $500,000
155 90
GOLD
15J PHOTOS 1-BR 12/12/17 SELLER BUYER $720,000
154
77
FULTON
8C PHOTOS 2-BR 11/27/17 SELLER BUYER $998,500
153
77
FULTON *
10M PHOTOS 1-BR 11/15/17 SBT BUYER $770,000
152 299
PEARL
2F PHOTOS 0-BR 11/14/17 SELLER BUYER $545,000
151
77
FULTON *
10L PHOTOS 2-BR 11/13/17 SBT BUYER $950,000
150 80
GOLD
3H 2-BR 11/8/17 SELLER BUYER $875,000
149 333
PEARL
8J PHOTOS 1-BR 11/1/17 SBT BUYER $655,000
148 333
PEARL
26E PHOTOS 1-BR 10/30/17 SELLER BUYER $775,000
147 333
PEARL
20A PHOTOS 0-BR 10/26/17 SBT BUYER $651,000
146
77
FULTON
24E PHOTOS 1-BR 10/24/17 SBT BUYER $781,300
145
77
FULTON
20J PHOTOS  1-BR 10/23/17 SELLER BUYER $725,000
144
77
FULTON
4H PHOTOS 1-BR 9/28/17 SELLER BUYER $685,000
143 90
BEEKMAN
6A PHOTOS 2-BR 9/20/17 SELLER BUYER $1,550,000
142 333
PEARL
14L PHOTOS 2-BR 9/19/17 SELLER BUYER $1,100,000
141 299
PEARL
5G PHOTOS 2-BR 9/6/17 SBT BUYER $991,210
140 100
BEEKMAN
4K PHOTOS 2-BR 9/5/17 SELLER BUYER $1,175,000
139
77
FULTON
17G PHOTOS 0-BR 8/31/17 SBT BUYER $490,000
138 333
PEARL
6J PHOTOS 1-BR 8/31/17 SBT BUYER $665,000
137 90
GOLD
17D PHOTOS 2-BR 8/30/17 SELLER BUYER $1,110,000
136
77
FULTON
24B 1-BR 8/29/17 SELER BUYER $495,000
135 90
GOLD
6M PHOTOS  1-BR 8/22/17 SELLER BUYER $680,000
134 90
GOLD
3A PHOTOS 0-BR 8/11/17 SBT BUYER $475,000
133 80
BEEKMAN
6B PHOTOS 2-BR 8/8/17 SELLER BUYER $999,000
132 90
GOLD
18F PHOTOS 1-BR 8/3/17 SELLER BUYER $722,500
131
77
FULTON
9B PHOTOS 1-BR 7/31/17 SELLER BUYER $761,200
130 100
BEEKMAN
14M PHOTOS 1-BR 7/27/17 SELLER BUYER $755,000
129 100
BEEKMAN
14E PHOTOS 1-BR 7/13/17 SBT BUYER $752,000
128 66
FRANKFORT
4E 2-BR 6/26/17 SELLER BUYER $940,000
127 90
GOLD
19M PHOTOS 1-BR 6/19/17 SELLER BUYER $777,000.88
126 299
PEARL
3A PHOTOS 2-BR 6/14/17 SBT BUYER $932,000
125
77
FULTON
4B PHOTOS 1-BR 6/13/17 SELLER BUYER $693,000
124 333
PEARL
8H PHOTOS 1-BR 5/24/17 SELLER BUYER $675,000
123
77
FULTON
16N PHOTOS 1-BR 5/23/17 SELLER BUYER $675,000
122
77
FULTON
14K 2-BR 5/18/17 SELLER BUYER $936,000
121 90
GOLD
13J PHOTOS 1-BR 5/16/17 SELLER BUYER $732,000
120
77
FULTON
8L PHOTOS 2-BR 5/9/17 SELLER BUYER $1,050,000
119
77
FULTON
4D PHOTOS 2-BR 4/27/17 SELLER BUYER $1,220,000
118 90
GOLD
23L PHOTOS 2-BR 4/26/17 SELLER BUYER $990,000
117
77
FULTON
24N PHOTOS 1-BR 4/18/17 SELLER BUYER $752,000
116 333
PEARL
2L PHOTOS 2-BR 4/7/17 SELLER BUYER $950,000
115 100
BEEKMAN
26C PHOTOS 2-BR 4/4/17 SELLER BUYER $1,275,000
114
77
FULTON
14M PHOTOS 1-BR 4/4/17 SELLER BUYER $739,000
113 333
PEARL *
19J (19K) 1-BR 3/30/17 SELLER BUYER $700,000
112 333
PEARL
5J PHOTOS 2-BR 3/27/17 SBT BUYER $949,000
111 100
BEEKMAN
25E PHOTOS 1-BR 3/24/17 SBT BUYER $750,000
110 90
GOLD
22A PHOTOS 0-BR 3/22/17 SBT BUYER $526,000
109 90
GOLD
19K PHOTOS 2-BR 3/7/17 SELLER BUYER $1,115,000
108
77
FULTON
13D PHOTOS 2-BR 3/6/17 SELLER BUYER $1,100,000
107 100
BEEKMAN
13G PHOTOS 0-BR 3/3/17 SBT BUYER $486,000
106 90
GOLD
20H PHOTOS 1-BR 2/27/17 SELLER BUYER $775,000
105 333
PEARL
20B PHOTOS 1-BR 2/22/17 SELLER BUYER $860,000
104 100
BEEKMAN
23N PHOTOS 1-BR 2/15/17 SELLER BUYER $760,000
103
77
FULTON
15J PHOTOS 1-BR 2/10/17 SELLER BUYER $715,000
102 90
GOLD
20A PHOTOS 0-BR 1/27/17 SBT BUYER $480,000
101 90
BEEKMAN
7J 3-BR 1/26/17 SBT BUYER $1,200,000
100 100
BEEKMAN
4L 2-BR 1/24/17 SBT BUYER $900,000
99 90
GOLD
21A PHOTOS 0-BR 1/20/17 SBT BUYER $475,500
98 100
BEEKMAN
26M PHOTOS 1-BR 1/18/17 SBT BUYER $750,000
97 333
PEARL
24H PHOTOS 1-BR 1/17/17 SELLER BUYER $730,000
96 80
GOLD
4H PHOTOS 2-BR 1/11/17 SELLER BUYER $1,100,000
95 100
BEEKMAN
20D PHOTOS 2-BR 1/10/17 SBT BUYER $1,250,000
94 333
PEARL
6F PHOTOS 1-BR 1/5/17 SELLER BUYER $665,000
93 100
BEEKMAN
3B 1-BR 12/28/16 SELLER BUYER $600,000
92 77
FULTON
26C PHOTOS 2-BR 12/27/16 SBT BUYER $1,220,000
91 77
FULTON
23N PHOTOS 1-BR 12/21/16 SBT BUYER $750,000
90 333
PEARL
24F 1-BR 11/18/16 SELLER BUYER $630,000
89
77
FULTON
10J PHOTOS 1-BR 11/17/16 SELLER BUYER $735,000
88 90
GOLD
14E PHOTOS 1-BR 11/17/16 SELLER BUYER $760,000
87 90
GOLD
23J PHOTOS 1-BR 11/15/16 SELLER BUYER $748,000
86 90
GOLD
9A 0-BR 10/26/16 SELLER BUYER $450,000
85 100
BEEKMAN
21L 2-BR 10/25/16 SELLER BUYER $960,000
84 100
BEEKMAN
12J PHOTOS 1-BR 10/20/16 SELLER BUYER $686,000
83
77
FULTON
24G 0-BR 10/19/16 SELLER BUYER $433,000
82 333
PEARL
12N PHOTOS 1-BR 10/18/16 SELLER BUYER $725,000
81
77
FULTON
24A PHOTOS 0-BR 10/14/16 SELLER BUYER $500,000
80 90
GOLD
13L PHOTOS 2-BR 9/29/16 SELLER BUYER $965,000
79
77
FULTON
15B PHOTOS 1-BR 9/28/16 SELLER BUYER $700,000
78
77
FULTON
14F PHOTOS 1-BR 9/21/16 SELLER BUYER $750,000
77 90
BEEKMAN
5C PHOTOS 3-BR 9/14/16 SELLER BUYER $1,400,000
76 333
PEARL
27N PHOTOS 1-BR 9/14/16 SELLER BUYER $800,000
75
77
FULTON
21E 1-BR 9/6/16 SELLER BUYER $650,000
74
77
FULTON
6F PHOTOS 1-BR 8/25/16 SELLER BUYER $630,000
73 333
PEARL
16A PHOTOS 0-BR 8/16/16 SELLER BUYER $485,000
72 100
BEEKMAN
9A 0-BR 8/16/16 SELLER BUYER $425,000
71 77
FULTON
26N PHOTOS 1-BR 8/15/16 SELLER BUYER $825,000
70 66
FRANKFORT
4B PHOTOS 2-BR 8/12/16 SELLER BUYER $975,000
69
77
FULTON
23G 0-BR 8/11/16 SELLER BUYER $495,000
68 80
BEEKMAN
2C PHOTOS 3-BR 8/10/16 SELLER BUYER $1,400,000
67 333
PEARL
11H PHOTOS 1-BR 8/10/16 SELLER BUYER $641,500
66 90
GOLD
2C PHOTOS 1-BR 8/9/16 SELLER BUYER $615,000
65 100
BEEKMAN
24E 1-BR 8/8/16 SELLER BUYER $700,000
64 80
BEEKMAN
5C 3-BR 8/3/16 SELLER BUYER $1,200,000
63 77
FULTON
15D PHOTOS 2-BR 8/2/16 SELLER BUYER $1,100,000
62 80
BEEKMAN
4A PHOTOS 2-BR 8/1/16 SELLER BUYER $885,000
61
77
FULTON
22F PHOTOS 1-BR 7/27/16 SELLER BUYER $710,000
60 77
FULTON
3M 1-BR 7/25/16 SELLER BUYER $645,000
59 100
BEEKMAN
10D PHOTOS 2-BR 7/20/16 SELLER BUYER $975,003
58 100
BEEKMAN
27D 2-BR 7/13/16 SELLER BUYER $1,100,000
57 80
GOLD
3F 2-BR 7/12/16 SELLER BUYER $860,000
56 77
FULTON
19L PHOTOS 2-BR 7/12/16 SELLER BUYER $980,000
55 100
BEEKMAN
10G PHOTOS 0-BR 6/30/16 SELLER BUYER $481,000
54 66
FRANKFORT
2E PHOTOS 2-BR 6/30/16 SELLER BUYER $1,010,000
53 90
GOLD
9N PHOTOS 1-BR 6/29/16 SELLER BUYER $710,000
52 100
BEEKMAN
16D 2-BR 6/24/16 SELLER BUYER $1,160,000
51 80
GOLD
6F 2-BR 6/23/16 SELLER BUYER $950,000
50 100
BEEKMAN
11H PHOTOS 1-BR 6/20/16 SELLER BUYER $725,000
49 299
PEARL
4L PHOTOS 2-BR 6/20/16 SELLER BUYER $930,000
48 333
PEARL
21A PHOTOS 0-BR 6/15/16 SELLER BUYER $505,000
47 333
PEARL
3H 1-BR 6/14/16 SELLER BUYER $610,000
46 80
BEEKMAN
4J 3-BR 6/13/16 SELLER BUYER $1,175,000
45 90
GOLD
7J 1-BR 6/13/16 SELLER BUYER $636,000
44 77
FULTON
12M PHOTOS 1-BR 6/8/16 SELLER BUYER $630,000
43 299
PEARL*
4G 2-BR 5/18/16 SELLER BUYER $1,107,000
42 299
PEARL*
4F 0-BR 5/18/16 SELLER BUYER $538,000
41 90
GOLD
22H PHOTOS 1-BR 5/11/16 SELLER BUYER $650,000
40 333
PEARL
23M PHOTOS 1-BR 5/11/16 SELLER BUYER $708,000
39 80
BEEKMAN
4G PHOTOS 1-BR 5/10/16 SELLER BUYER $720,000
** 90
BEEKMAN
3C 3-BR 4/22/16 SELLER BUYER $322,000
38 90
BEEKMAN
4A 2-BR 4/21/16 SELLER BUYER $925,000
37 90
GOLD
6E PHOTOS 1-BR 4/12/16 SELLER BUYER $710,000
>> 299
PEARL
2D HALL 4/7/16 SBT BUYER $26,212.50
36 77
FULTON
4D PHOTOS 2-BR 4/6/16 SELLER BUYER $839,000
35 77
FULTON
25B PHOTOS 1-BR 4/5/16 SELLER BUYER $788,000
34 333
PEARL
9J PHOTOS 1-BR 3/22/16 SELLER BUYER $618,000
33 100
BEEKMAN
4F PHOTOS 1-BR 3/21/16 SELLER BUYER $649,000
32 100
BEEKMAN
11F PHOTOS 1-BR 3/17/16 SELLER BUYER $720,000
31 100
BEEKMAN
12A 0-BR 3/9/16 SELLER BUYER $420,000
30 100
BEEKMAN
3G PHOTOS 0-BR 3/7/16 SELLER BUYER $428,000
29 100
BEEKMAN
15M 1-BR 3/1/16 SELLER BUYER $625,000
28 77
FULTON
26J PHOTOS 1-BR 3/1/16 SELLER BUYER $650,000
27 333
PEARL
17F 1-BR 2/29/16 SELLER BUYER $570,000
26 333
PEARL
16B PHOTOS 1-BR 2/26/16 SELLER BUYER $750,000
25 77
FULTON
9B PHOTOS 1-BR 2/23/16 SELLER BUYER $710,000
24 66
FRANKFORT
3B 1-BR 2/22/16 SELLER BUYER $905,000
23 77
FULTON
24F PHOTOS 1-BR 2/18/16 SELLER BUYER $650,000
22 90
GOLD
19G PHOTOS 0-BR 2/17/16 SELLER BUYER $435,000
21 333
PEARL
13J PHOTOS 1-BR 2/11/16 SELLER BUYER $612,000
20 77
FULTON
10F 1-BR 2/10/16 SELLER BUYER $580,000
19 90
GOLD
5C PHOTOS 2-BR 2/10/16 SELLER BUYER $900,000
18 90
GOLD
20F 1-BR 2/9/16 SELLER BUYER $600,000
17 90
GOLD
26H PHOTOS 1-BR 2/9/16 SELLER BUYER $718,000
16 333
PEARL
14A PHOTOS  0-BR 2/9/16 SELLER BUYER $464,000
15 299
PEARL
5A PHOTOS 2-BR 2/8/16 SELLER BUYER $980,000
14 90
GOLD
18D 2-BR 2/4/16 SELLER BUYER $950,000
13 333
PEARL
27C PHOTOS 2-BR 2/3/16 SELLER BUYER $995,000
12 90
GOLD
27L PHOTOS 2-BR 1/28/16 SELLER BUYER $930,000
11 77
FULTON
16M PHOTOS 1-BR 1/27/16 SELLER BUYER $658,000
10 100
BEEKMAN
10A PHOTOS 0-BR 1/20/16 SELLER BUYER $425,000
9 80
BEEKMAN
5E PHOTOS 2-BR 1/14/16 SELLER BUYER $890,000
8 100
BEEKMAN
8M PHOTOS 1-BR 1/7/16 SELLER BUYER $635,000
7 299
PEARL
2C PHOTOS  2-BR 1/5/16 SELLER BUYER $975,000
6 77
FULTON
6L 2-BR 12/30/15 SELLER BUYER $790,000
5 90
GOLD
19C 2-BR 12/30/15 SELLER BUYER $809,000
4 77
FULTON
27H PHOTOS 1-BR 12/30/15 SELLER BUYER $670,000
3 90
GOLD
25F 1-BR 12/29/15 SELLER BUYER $625,000
2 333
PEARL
22J PHOTOS 1-BR 12/8/15 SELLER BUYER $599,000
1 77
FULTON
10E 1-BR 12/3/15 SELLER BUYER $580,000

 

– Designates the Buyers intention to combine two (2) adjacent apartments (COMBO UNITS).

SBT  –  Designates apartments sold by Southbridge Towers, Inc. Presumably vacant apartments owned and controlled by the SBT Board of Directors. (Southbridge Towers, Inc. is the Seller & all profits are treated like Flip Tax).

**  –  This sale was not counted among the total due to the final Recorded Sale Price of $322,000. For a 3-Bedroom Apartment the sale price is very low (sales price is very low for any size apartment). More information is needed.

Valuation of 299 Pearl Street Hallway – The board discussed the request by a shareholder to
purchase a portion of the hallway that would be of sole use to the shareholder, when and if the
purchase application of the unit across the hall is approved. To create the basis for a general
policy on this request, management reached out to our property appraiser and had several
conversations wherein we were advised that the calculation for the area purchased should be at a
rate of 50% of the value per square foot of the conjoined apartments. After discussion, the
following motion made by Wally Dimson and seconded by Nicholas Morrone was unanimously
approved by the board:

“Move that the board policy for the purchase of common area hallways, to allow for adjoining
of apartments, will be that the sales price for the common space shall be 50% of the fair
market sales price for the combined units, based on the price per square foot.”

>>  –  This sale was not counted among the total. Sale constitutes a portion of a Hallway at 299 Pearl Street – Sold to a Shareholder by Southbridge Towers, Inc. for $26,212.50.

>>  –  This sale was not counted among the total. Sale constitutes a portion of a Hallway at 299 Pearl Street – Sold to a Shareholder by Southbridge Towers, Inc. for $30,792.47.

_______________________________________________________________________________________________

The closed sales data above is public record courtesy of NYC Department of Finance, Office of the City Register and can be found online via the Automated City Register Information System (ACRIS).

NYC.GOV ACRIS – CLOSED DEAL INFO 
http://a836-acris.nyc.gov/CP/
Block – 94 | Lot – 1

 

Michael A. Roché
Area New York
85 Broad Street, 16th Floor
New York, NY 10004
(212) 227-8281  |  (917) 392-3534
michael@areanyc.com
www.areanyc.com