CMA - Lucy To by Meierteam

02-20-2024

VALUATION REPORT 50 CLINTON ST, #4A

LUCY TO

The Meier Team at Berkshire Hathaway New York 590 Madison Avenue, 5F, New York, NY 10022 achrisAewallace@bhhsnyp.com T: 646-677-0046

02/20/2024

Dear Lucy and John, I have conducted an evaluaAon of your property located at 50 Clinton St, Unit 4A, New York, NY 10002. Based on my ﬁndings, the current fair market range of value for your property lies between $1,675,000 and $1,755,000. This valuaAon is grounded in current market trends, comparable sales data, and the condiAon of your property aXributed as “good”. For your convenience, I have enclosed the comparable sales data that supported my valuaAon. Lucy menAoned during our phone conversaAon an anAcipated sales price of $1,700,000 - this is achievable. Please feel free to contact me if you have any quesAons and/or would like to discuss further. Kind Regards, Apple ChrisAe-Wallace Luxury Sales Specialist The Meier Team at Berkshire Hathaway Home Services

It’s important to note that real estate valua2ons are subject to market ﬂuctua2ons and other external factors. Therefore, this valua2on serves as a snapshot based on the current market condi2ons and available data.

50 Clinton Street #4A Subject Property & Type

Property Type

50 Clinton Street #4A

Last Asking Price

Condo

Approx Square Feet (<² )

$1,699,000

Per Foot

953

Beds

$1783

Last Recorded Sale Price

$1,909,219

Condi<on

Good

Doorman

Full-Time

Last Date Sold

09/11/2017

Exposures

Ceiling Height

TBC

Unit

Sales Comp Analysis (<² (approx) x)

Sold Date

Avg sq<

Sold Price

Price/sq<

Sq< Adjustments

07/28/2021

$1,775,000

953

$1,863

$1,775,000

208 Broome

08/28/2023

$2,100,000

1091

$1,925

$1,834,372

150 Rivington St

12/21/2023

$1,750,000

1066

$1,642

$1,564,493

208 Delancey St

01/05/2024

$1,680,000

902

$1,863

$1,774,989

208 Delancey St

08/28/2023

$1,776,846

1010

$1,759

$1,676,569

208 Delancey St

01/15/2024

$1,735,000

902

$1,924

$1,833,099

208 Delancey St

08/23/2023

$1,839,000

1010

$1,821

$1,735,215

991

$1,828

$1,741,962

Fair Value Spread (approx)

Low

Mid Point

High

$1,675,000

$1,715,000

$1,755,000

Est. Property Taxes

$1675

$1438

Total:

$3113 // TBC

In-Building: Last A-Line Sold

Blended Average

Est. Common Charges

Baths

Notes

//higher monthlies at 208 Delancey

SNAPSHOT

IN BUILDING 50 CLINTON ST

Comparative Market Analysis created February 20, 2024

Subject Property

Unit

PRICE

DOM

Beds

Baths

Total Monthlies

CC/Maint

RE Taxes

Outdoor Space

Neighborhood

Address

Unit

Closing Price

DOM

Beds

Baths

Total Monthlies

CC/Maint

RE Taxes

Outdoor Space

Neighborhood

50 Clinton Street

5-B

$1,300,000

$1,838

$1,066

$772

Lower East Side

50 Clinton Street

3-C

$2,130,000

197

$3,010

$1,725

$1,285

Lower East Side

50 Clinton Street

$2,250,000

$2,630

$1,330

$1,300

Lower East Side

50 Clinton Street

$1,190,000

$1,688

$891

$797

Lower East Side

50 Clinton Street

6-A

$1,775,000

388

$2,583

$1,255

$1,328

Lower East Side

$1,729,000

141

1.6

1.6 | 0

$2,350

$1,253

$1,096

Address

Unit

Last Price

DOM

Beds

Baths

Total Monthlies

CC/Maint

RE Taxes

Outdoor Space

Neighborhood

50 Clinton Street

$1,699,000

120

$3,085

$1,675

$1,410

Address

Closed Sales

Closed Sales Averages (5)

Off Market Listings

Lower East Side

Summary

Status

Count

Price

DOM

Beds

Total Monthlies

CC/Maint

RE Taxes

Closed Sales Listings Averages

$1,729,000

141

1.6

$2,350

$1,253

$1,096

Off Market Averages

$1,699,000

120

$3,085

$1,675

$1,410

Summary Average

$1,714,000

130

1.8

$2,717

$1,464

$1,253

Apple Christie-Wallace (347) 443-4798 | achristiewallace@bhhsnyp.com

1 of 1

50 CLINTON ST. #4A NEW YORK, NY, 10002

$1,699,000 LOWER EAST SIDE

There is currently a tenant in place until 5/31/2025. Investors only. Residence 4A is a modern split two-bedroom, two-bathroom home located in 50 Clinton, a Paris Forino-designed condominium. Situated on a serene, tree-lined block between Stanton and Rivington Streets, this full service building is located in the heart of the vibrant Lower East Side neighborhood. A galley foyer flows directly into the bright and sunny living room. Natural light bathes the interior through a large east facing industrial style casement window that frames the dynamic LES landscape. The open kitchen features an impressive 8’ honed white marble island with unique mirrored sides, textured charcoal granite countertops and backsplash, floor-to-ceiling espresso-stained oak cabinetry with brushed bronze hardware, and a full suite of high-end appliances including a Bosch dishwasher, integrated Sharp microwave, 30” Wolf oven and gas cooktop, and a 30” Sub-Zero refrigerator with dual-drawer freezer. The pin drop quiet and bright primary suite boasts an oversized west facing window and a massive walk-in closet. Its extraordinary ensuite bathroom features dual Duravit sinks atop a marble and brass console vanity, two oversized custom medicine cabinets, and a Toto commode. The bathroom is elevated with a 5’ Kohler deep soaking tub/shower combo, complete with a three-shelf marble niche, brass Waterworks fixtures, and heated herringbone marble floors. On the other side of the residence, the secondary bedroom comfortably accommodates a queen-size bed and has a spacious linear closet. The adjacent bathroom features a generous free-standing glass-enclosed shower with a three-shelf niche, a Toto commode, Duravit sink, full-length medicine cabinet, and chic patterned ceramic tile floors. Additional highlights of this lovely home include multi-zone central air conditioning, stacked Bosch washer an...

Condominium Maintenance/CC: $1,675 Monthly Taxes: $1,410 959 Sq. Ft. Approx. 2 Bedrooms 2 Bathrooms 6 Rooms List Date 9.11.2023 FEATURES: W/D, Bike Storage, Doorman, Elevator, Gym, Rooftop, Storage, Concierge, East Exposure, West Exposure, Central Ac, Dishwasher, Foyer

POLICIES: Pets Allowed

Apple Christie-Wallace o: 646-677-9374 c: (347) 443-4798 achristiewallace@bhhsnyp.com

212.710.1900 • contact@bhhsnyp.com • bhhsnyp.com • 590 Madison Avenue, New York, NY, 10022 © 2024 BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc.® Equal Housing Opportunity. Information not verified or guaranteed. If your home is currently listed with a Broker, this is not intended as a solicitation.

SUBWAYS: Essex St

F M J

0.16 MI

Delancey St

F M J 2nd Av

East Broadway

0.46 MI

F 0.19 MI

Bowery

J 0.32 MI

0.47 MI

Grand St

0.48 MI

B D 212.710.1900 • contact@bhhsnyp.com • bhhsnyp.com • 590 Madison Avenue, New York, NY, 10022

© 2024 BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc.® Equal Housing Opportunity. Information not verified or guaranteed. If your home is currently listed with a Broker, this is not intended as a solicitation.

50 CLINTON ST. #5-B NEW YORK, NY, 10002

$1,300,000 LOWER EAST SIDE

Lower East Side Condo Chic This sunblasted Paris Forino-designed one bedroom condo with open views showcases soaring loft-like ceilings and every imaginable lux detail. Modern chic married up with old school finishes like loft windows, herringbone white oak floors, and crown molding throughout. Stunning Sub Zero, Wolf, and Bosch kitchen- and Waterworks spa bath. Other easy living details include motorized shades, central A/C and laundry in unit! 50 Clinton is a 37 unit boutique condominium featuring 24 hour concierge, state of the art fitness center, landscaped rooftop terrace with grilling stations, along with storage and bike rooms. Have it all in the heart of it allsurrounded by great restaurants, shopping, Whole Foods and the famous Essex street market just blocks away. Come see for yourself - quickly !

Condominium Maintenance/CC: $1,066 Monthly Taxes: $772 655 Sq. Ft. Approx. 1 Bedroom 1 Bathroom 3 Rooms List Date 9.6.2022 FEATURES: W/D, Bike Storage, Doorman, Elevator, Gym, Rooftop, Storage, Concierge, East Exposure, West Exposure, Central Ac, Foyer

POLICIES: Pets Allowed, Subletting, Pied A Terre Apple Christie-Wallace o: 646-677-9374 c: (347) 443-4798 achristiewallace@bhhsnyp.com

SUBWAYS: Essex St

F M J

0.16 MI

Delancey St

F M J 2nd Av

East Broadway

0.46 MI

F 0.19 MI

Bowery

J 0.32 MI

0.47 MI

Grand St

0.48 MI

B D 212.710.1900 • contact@bhhsnyp.com • bhhsnyp.com • 590 Madison Avenue, New York, NY, 10022

50 CLINTON ST. #3-C NEW YORK, NY, 10002

$2,130,000 LOWER EAST SIDE

Discover the perfect combination of industrial chic and modern European flair, in this lightfilled 2 bed 2 bath turnkey home. The Paris Forino designed residence features an open floor plan that flows seamlessly for easy living and entertaining! As you enter the home you are greeted by the gracious double wide great room, which is the perfect space to host a holiday or just cuddle up with a cappuccino and your favorite book. Meticulously designed with high ceilings, herringbone solid white oak floors and expansive windows, you simply cannot beat this sunlit great room. The open chef's kitchen was thoughtfully designed and outfitted with top of the line appliances such as SubZero and Wolf as well as custom espresso stained oak cabinets, brushed bronze hardware and gorgeous marble countertops and granite backsplash. The anchored kitchen island is the perfect space to entertain your friends and family. Just past the living and dining area you will find two oversized floor-to-ceiling wooden sliding doors, opening up to the second bedroom. This area offers enough space for a queen sized bed and additional furniture, custom built-ins for extra storage space and open views through black framed casement windows. The private winged primary bed and ensuite bath features crown moulding, clean lines and oversized in-swing windows, creating an enchanting and peaceful oasis. Soak in the luxurious marble-clad primary bath with glassenclosed shower, complete with honed white Dolomiti marble vanity countertops and heated floors. The second bath is just as luxurious, boasting an oversized glass enclosed shower, honed white marble walls, custom bronzed metal vanities with oversized medicine cabinets and brass fittings by Waterworks. Built in 2017 by Issac & Stern Architects, 50 Clinton Street Condominium was constructed with a sophisticated limestone lobby and articulated red br...

Condominium Maintenance/CC: $1,725 Monthly Taxes: $1,285 1128 Sq. Ft. Approx. 2 Bedrooms 2 Bathrooms 4 Rooms List Date 11.12.2021 FEATURES: W/D, Bike Storage, Doorman, Elevator, Gym, Rooftop, Storage, Concierge, East Exposure, Skyline View, Central Ac, Foyer

POLICIES: Pets Allowed, Subletting, Pied A Terre

Apple Christie-Wallace o: 646-677-9374 c: (347) 443-4798 achristiewallace@bhhsnyp.com

SUBWAYS: Essex St

F M J

0.16 MI

Delancey St

F M J 2nd Av

East Broadway

0.46 MI

F 0.19 MI

Bowery

J 0.32 MI

0.47 MI

Grand St

0.48 MI

B D 212.710.1900 • contact@bhhsnyp.com • bhhsnyp.com • 590 Madison Avenue, New York, NY, 10022

50 CLINTON ST. #2C NEW YORK, NY, 10002

$2,250,000 LOWER EAST SIDE

Welcome home to 50 Clinton residence 2C. A Paris Forino-designed two-bedroom, two bath gem, exquisitely finished with solid white oak herringbone wood flooring and crown moldings throughout. Four expansive casement windows and generous ceiling heights allow for abundant light and air in this beautiful home. The thoughtfully designed kitchen features honed charcoal granite countertops and backsplash, espresso-stained oak cabinetry finished with brushed bronze hardware and a full suite of Wolf, Sub-Zero and Bosch appliances. The primary bedroom is a serene private retreat featuring two exposures and a large walk-in closet. The white Dolomiti marble clad primary bath is adorned with brushed brass fixtures by waterworks. 50 Clinton is comprised of a limited collection of 37 condominium residences and luxurious amenities including a 24-hour attended emerald clad lobby, state-of-the-art fitness center, landscaped rooftop terrace with grilling stations and a bicycle room, all in a quintessential downtown location amidst many of the city's best restaurants, nightlife and shopping

Condominium Maintenance/CC: $1,330 Monthly Taxes: $1,300 1142 Sq. Ft. Approx. 2 Bedrooms 2 Bathrooms 2 Rooms List Date 9.28.2021 FEATURES: Bike Storage, Doorman, Elevator, Gym, Rooftop, Storage, Concierge POLICIES: Pets Allowed, Subletting

Apple Christie-Wallace o: 646-677-9374 c: (347) 443-4798 achristiewallace@bhhsnyp.com

SUBWAYS: Essex St

F M J

0.16 MI

Delancey St

F M J 2nd Av

East Broadway

0.46 MI

F 0.19 MI

Bowery

J 0.32 MI

0.47 MI

Grand St

0.48 MI

B D 212.710.1900 • contact@bhhsnyp.com • bhhsnyp.com • 590 Madison Avenue, New York, NY, 10022

50 CLINTON ST. #6B NEW YORK, NY, 10002

$1,190,000 LOWER EAST SIDE

Welcome home to a perfect fulltime residence or pied-a-terre. A true sanctuary in the LES, where the living is easy! Live in the heart of this vibrant neighborhood in this boutique condominium. Upon entering 6B you will be greeted by wide-open eastern city views through oversized casement windows, no need for lights here.....and quiet too! Beautiful white oak hardwood floors in stunning herringbone design run throughout and the ceiling height is over 9 feet. Too much light for you? Electric blinds will make it easy to block it all out. The kitchen has espresso stained oak cabinetry finished with bronze hardware. The counter tops are honed granite and marble wrapped in custom metallic panels. Top-of-the-line appliances include a Sub-Zero fridge, Wolf oven, Bosch dishwasher... and don't forget the private Bosch W/D too. The bathroom has two entrances (guests don't have to go through your bedroom) and feels like a spa! Honed white marble walls, glass enclosed walk-in shower, custom bronzed metal medicine cabinets, and brass fittings by Waterworks. This apartment comes with a private storage unit. 50 Clinton Street has 37 homes and is rich in amenities. 24-hour concierge, state-of-the-art fitness center, landscaped rooftop terrace along with storage and bike rooms. Surrounded by great restaurants, shopping, a nearby Whole Foods, and the famous Essex Market is just blocks away!

Condominium Maintenance/CC: $891 Monthly Taxes: $797 655 Sq. Ft. Approx. 1 Bedroom 1 Bathroom 3 Rooms List Date 4.6.2021 FEATURES: W/D, Bike Storage, Doorman, Elevator, Gym, Rooftop, Storage, Concierge, East Exposure, Skyline View, Dishwasher

POLICIES: Subletting

Apple Christie-Wallace o: 646-677-9374 c: (347) 443-4798 achristiewallace@bhhsnyp.com

SUBWAYS: Essex St

F M J

0.16 MI

Delancey St

F M J 2nd Av

East Broadway

0.46 MI

F 0.19 MI

Bowery

J 0.32 MI

0.47 MI

Grand St

0.48 MI

B D 212.710.1900 • contact@bhhsnyp.com • bhhsnyp.com • 590 Madison Avenue, New York, NY, 10022

50 CLINTON ST. #6-A NEW YORK, NY, 10002

$1,775,000 LOWER EAST SIDE

Sun beaming with high ceilings with unobstructed views! A Paris Forino-designed split two-bedroom, two-bath gem, exquisitely finished with herringbone wood flooring, crown moldings throughout with expansive casement windows. The modern kitchen with charcoal granite countertops and backsplash, espresso-stained oak cabinetry finished with brushed bronze hardware, and a full suite of Wolf, Sub-Zero, and Bosch appliances. The master bedroom has a large walk-in closet plus an en-suite bath, luxurious double vanity, finished with white Dolomiti marble and brushed brass fixtures by Waterworks, designed to create a clean and serene space. The second bedroom has a large closet and adjacent to the second bathroom with a large stall shower. The apartment features three large closets, an in-unit washer-dryer, and an entrance foyer welcoming you into the unit. 50 Clinton is comprised of a limited collection of 37 condominium residences and luxurious amenities including a 24-hour attended lobby, state-of-the-art fitness center, landscaped rooftop terrace, and a bicycle room. Near the new 14-screen Regal theater, 'The Essex Market', New York city's best restaurants, shopping, and nightlife. This is the 'New quintessential downtown location'!

Condominium Maintenance/CC: $1,255 Monthly Taxes: $1,328 2 Bedrooms 2 Bathrooms 4 Rooms List Date 1.1.2020 FEATURES: W/D, Bike Storage, Doorman, Elevator, Gym, Rooftop, Storage, Concierge, Foyer POLICIES: Subletting

Apple Christie-Wallace o: 646-677-9374 c: (347) 443-4798 achristiewallace@bhhsnyp.com

SUBWAYS: Essex St

F M J

0.16 MI

Delancey St

F M J 2nd Av

East Broadway

0.46 MI

F 0.19 MI

Bowery

J 0.32 MI

0.47 MI

Grand St

0.48 MI

B D 212.710.1900 • contact@bhhsnyp.com • bhhsnyp.com • 590 Madison Avenue, New York, NY, 10022