$1,480,000
SOLD JUL 22, 2024
1 Bed
1 Bath
822 Sq Ft
$882/mo HOA Fee

Recently Sold

$1,800 Per Sq Ft

3% Below List Price

68 Days on Market

Highlights

  • Basketball Court
  • 4-minute walk to 23 Street (1,2 Line)
  • Granite Countertops
  • P.S. 11 Sarah J. Garnet School Rated A
  • Wood Flooring
  • 5-minute walk to Madison Square Park

About This Home

As of July 2024

Stunning and unique, east and south facing 1-bedroom, 1-bath residence, plus storage cage in the luxurious and highly sought after Chelsea Stratus condominium.

Be sure to view the listing video!

This loft-like, light filled apartment features 11ft ceilings and oversized windows. The thoughtfully designed main room is large enough to comfortably fit a dining area and living room setup, making entertaining easy. The open kitchen features Macassar Ebony wood cabinetry, Pietra Cardosa stone countertops, a Fisher and Paykel double drawer dishwasher, and a Sub-Zero refrigerator and wine cooler, cooktop stove, and microwave.

The primary bedroom faces both east and south. It can hold a king bed with side tables, a dresser and a desk comfortably and has two closets. Additional details include custom fitted closets, shades, central air conditioning, a washer/dryer in the unit and a storage cage.

The Chelsea Stratus is a full-service condominium with an ultra-modern fitness center and half basketball court located on the 5th floor. On the third floor there is an entertainment lounge outfitted with two large screen TVs, a copper fireplace, catering kitchen, dining area, billiards room, and an outdoor landscaped garden with 2 grills. Last but not least one of Downtown’s best roof decks complete with a large grill, seating areas and a dog run. All this within blocks of easy transportation, gourmet grocery stores, many of the city’s best restaurants, and downtown shopping.

Monthly taxes are approx. $1,309/month if apartment is used as primary residence with STAR abatement. $88/month assessment through April 2026.

Last Agent to Sell the Property

Adie Kriegstein

Compass License #40KR1085607 Listed on: 02/21/2024

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,032

Year Built

  • Built in 2006

Lot Details

  • Garden

HOA Fees

  • $882 Monthly HOA Fees

Interior Spaces

  • 822 Sq Ft Home
  • Wood Flooring
  • Intercom

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Soaking Tub

Laundry

  • Laundry in unit
  • Washer

Outdoor Features

  • Basketball Court
  • Terrace
  • Outdoor Grill

Utilities

  • Central Air
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 1475 / 00800

Community Details

Overview

  • 202 Units
  • High-Rise Condominium
  • Chelsea Subdivision
  • 40-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,032

Year Built

Built in 2006

Lot Details

0

HOA Fees

$882 per month

Listing Details

  • Exposures: East,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Chelsea
  • Entry Level: 5
  • Structure Type: High Rise, Mixed Use
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 40

Interior Features

  • Interior Features: Breakfast Bar, Granite Counters, Soaking Tub
  • Appliances: Cooktop, Dishwasher, Freezer, Gas Cooktop, Gas Oven, Refrigerator, Stainless Steel Appliance(s), Wine Cooler, Washer
  • Equipment (Other): Intercom
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 822.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3
  • Window Features: Double Pane Windows

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Basketball Court, Barbecue, Garden
  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common On Floor, Common Area, In Unit
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 882.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 0.000000x0.000000

Building Info

  • New Construction: No
  • Units: 202
  • Total Stories: 40
  • Year Built: 2006

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 00800
  • Tax Lot: 1475
  • Tax Annual: 19032.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2024
Closed on
Jul 22, 2024
Sold by
Yang Tien-San
Bought by
Bangarulingam Sanjay and Jayaramaiah Poornima
Seller's Agent
Adie Kriegstein
Compass
List Price
$1,525,000
Sold Price
$1,480,000
Premium/Discount to List
-$45,000
-2.95%
Views
24
Current Estimated Value
$1,409,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$70,267
Avg. Annual Appreciation
-3.50%
Original Mortgage
$1,180,000
Outstanding Balance
$1,168,938
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$260,352

Purchase Details

Listed on
Jan 21, 2016
Closed on
May 20, 2016
Sold by
Shin Yong Sin
Bought by
Yang Tien-San
List Price
$1,695,000
Sold Price
$1,575,000
Premium/Discount to List
-$120,000
-7.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.76%

Purchase Details

Closed on
Dec 8, 2015
Sold by
Shin Cristina Jiyoon
Bought by
Shin Yong Sin

Purchase Details

Closed on
Feb 1, 2010
Sold by
Shin Cristina Jiyoon and Shin Yong Sin
Bought by
Shin Cristina Jiyoon

Purchase Details

Closed on
Jun 17, 2008
Sold by
735 Avenue Of The Americas Llc and % Lcor Incorporated
Bought by
Shin Cristina Jiyoon and Shin Yong Sin
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,480,000 --
Deed $1,575,000 --
Deed $1,575,000 --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed $955,000 --
Deed $955,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,180,000 Purchase Money Mortgage
Previous Owner $599,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2024 07/22/24 Sold $1,480,000 -1.3% $1,800 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
03/12/2024 03/12/24 Price Changed $1,500,000 -1.6% $1,825 / Sq Ft
02/21/2024 02/21/24 For Sale $1,525,000 -3.2% $1,855 / Sq Ft
05/20/2016 05/20/16 Sold $1,575,000 -7.1% $1,916 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
01/26/2016 01/26/16 For Sale $1,695,000 0.0% $2,062 / Sq Ft
02/27/2015 02/27/15 Rented -- -- --
01/28/2015 01/28/15 Under Contract -- -- --
01/10/2015 01/10/15 For Rent $5,300 -- --
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $19,456 $154,904 $7,020 $147,884
2024 $19,456 $155,624 $7,020 $148,604
2023 $16,145 $159,536 $7,020 $152,516
2022 $16,263 $167,054 $7,020 $160,034
2021 $18,410 $150,077 $7,020 $143,057
2020 $16,274 $166,154 $7,020 $159,134
2019 $19,202 $162,418 $7,020 $155,398
2018 $15,622 $194,504 $7,020 $187,484
2017 $14,403 $165,462 $7,020 $158,442
2016 $10,768 $158,649 $7,020 $151,629
2015 $3,096 $142,836 $7,020 $135,816
2014 $3,096 $133,054 $7,020 $126,034
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10962348

Real Estate Board of New York (REBNY)

APN: 0800-1475