Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
199 Mott Street #PH1

For Sale · Listing by Conquest

199 Mott Street #PH1

NoLIta, Manhattan

$7,250,000

Interested in this property?
Active For Sale Condo

$7,250,000

$2,348 per sq ft

199 Mott Street #PH1

NoLIta, Manhattan

MLS® #RLS20081015

RLS at REBNY

Listing by Conquest

3
Bedrooms
3
Baths
3,088
Sq. Ft.
2015
Year Built

Quick Summary

Bedrooms 3
Bathrooms 3
Living Area 3,088 sq ft
Lot Size 4,955 sq ft
Year Built 2015
Ownership Condo
HOA/Common Charges $6,831/mo
Property Taxes $61,188/yr
Neighborhood NoLIta
Floor 8 of 8

Property Highlights

  • Views: City
  • Exposure: East,North,South,West facing
  • Outdoor Space: Balcony, Rooftop

Property Details

Type Condo
Ownership Condominium
Total Rooms 8
Baths 3 Full
Floor 8 of 8
View City
Exposure East,North,South,West
Cooling Central Air
Pets Yes
Year Built 2015
Living Area 3,088 sq ft
Architectural Style Loft
Structure Type None
Furnished Unfurnished
Lot Size 4,955 sq ft
Block/Lot 00480/7503

Listing History

Event Date Price Change
Listed Apr 7, 2026 $7,250,000 -
Price Reduced Jun 29, 2026 $7,500,000 +3.4%

Description

The Penthouse at 199 Mott is a luxurious full-floor 3 bedroom, 3 bathroom apartment with 4 exposures and views stretching from the Empire State Building to the Freedom Tower and a massive 30' × 50' private rooftop terrace that is excellent for entertaining. The keyed elevator entrance opens into nearly 50 feet of entertaining space and includes a windowed library or media room off the main living space. The apartment is pre-wired for home automation and comes with a large deeded storage unit. The SieMatic Beaux-Arts kitchen is outfitted with a 6 burner range and double oven by Bertazzoni, a 48" refrigerator and full height wine refrigerator by Liebherr and a dishwasher, speed oven and washer dryer by Miele. The marble bathrooms feature beautiful 1900’s series fittings from LeFroy Brooks and the Master Bathroom has a free standing soaking tub. 199 Mott is a new construction full service condominium in the heart of Nolita. Elegant, sophisticated and timeless, 199 Mott blends romantic historical references with the most state of the art systems, appliances and amenities to bring you a collection of LEED Gold certified residences that don’t sacrifice warmth for modernity. While still very much a boutique building with only 11 apartments, 199 Mott offers a 24 hour doorman, round the clock concierge service and a landscaped rooftop terrace where you can soak up the sun or enjoy 360 views of the city lights. The current annual real estate taxes are $122,388 ($10,199 per month), and the seller will provide a purchaser credit or escrow at closing equal to four (4) years of 50% of the real estate taxes, substantially reducing the buyer’s effective carrying costs. This home may also qualify for New York City’s primary residence coop/condo tax abatement, which can reduce annual real estate taxes by approximately 17.5% for eligible primary-residence owners, subject to confirmation with the NYC Department of Finance and the buyer’s attorney or tax advisor. All photos are virtually staged for illustrative purposes.

Features & Amenities

Interior Features

In Unit

Exterior Features

Building Garden Balcony Building Balcony Garden Juliet Balcony Private Entrance Private Outdoor Space Over60 Sqft Balcony Rooftop

Building Amenities

Elevators

Appliances

Built In Refrigerator Dryer Washer Dryer Stacked Dishwasher Wine Cooler Washer

Building Information

Building Data View Compliance & Permits
Total Units 11
Stories 8
Structure None
Style Loft

Financial Details

Common Charges $6,831/mo
RE Taxes $61,188/yr ($5,099/mo)
Previous Price $7,500,000

Nolita (North of Little Italy) is a stylish and intimate neighborhood known for its narrow streets, boutique shopping, and cozy cafes. It offers a village-like atmosphere that feels worlds away from the surrounding bustle. The real estate market is characterized by historic low-rise walk-up buildings and a select few modern boutique condominiums that offer a high level of design and luxury in one of Manhattan's most fashionable and walkable districts.

NoLIta Live Market Data

View Neighborhood

Active Listings

7

Median Asking Price

$2.00M

Median $/Sqft

$1,930

Avg Days on Market

N/A

New This Week

0

Price Reduced

29%

Sold (30 Days)

1

Median Sale Price

$4.77M

Live data from RLS at REBNY • Updated 9/3/26, 5:45 PM EST

Location

Loading map...

199 Mott Street #PH1, NoLIta, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2012
Year Built
14 years old
8
Floors
11
Residential Units
C6-1
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $7,423,200
Land Value: $669,149
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 4,955 SF
Building Area: 24,053 SF
Built FAR: 4.85
Allowed FAR: 3.44

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $6,831 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $61,188, or roughly $5,099 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 3 full bathrooms.

The listed interior living area is 3,088 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2015, making it approximately 11 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.

At the current list price of $7,250,000 for 3,088 sq ft, the asking price per square foot is approximately $2,348. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20081015
First Listed: 4/2/2026
On Market: 4/7/2026
Price Changed: 6/29/2026
Contract Date: 4/2/2026

Listing Courtesy of Conquest - Jaf Glazer

Listing Contact: (212) 777-9690

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 9/3/2026 at 9:45 PM UTC

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NoLIta Market Update

1 sale last 30 days · $2.00M median · 7 months supply

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New listings in this neighborhood

Quick Facts

Status Active Type Condo Neighborhood NoLIta Borough Manhattan
County New York
Floor 8 of 8
Year Built 2015
First Listed 4/2/2026
Style Loft
Living Area 3,088 sqft
Common Charges $6,831/mo
Annual Tax $61,188

Monthly Costs Estimate

Down Payment 20%

$1,450,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Common Charges $6,831
Est. Taxes $5,099
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $5M to $9,999,999 at 2.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$163,125

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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