NOT LISTED FOR SALE

Estimated Value: $1,766,438 - $2,101,000

2 Beds
1.5 Baths
-- Sq Ft
$2,104/mo HOA Fee

Last Sold August 10, 2021

Last sale price $1,795,000

Est. 13% increase in value since last sale

Current estimated payment $14,619/month

46 Days on Market

Highlights

  • Rooftop Deck
  • City View
  • Central Air
  • P.S. 6 Lillie D. Blake Rated A
  • Entrance Foyer
  • 3-minute walk to Central Park

About This Home

As of August 2021

Located in the premier La Rsidence condominium, designed by renowned architect Thierry Despont, this spectacular 2-bedroom home offers incredible light and open views in a full-service boutique setting. Entering the residence through a semi-private elevator landing, one is immediately struck by the elegant aesthetic, the open views of the city beyond, and the brilliant eastern light streaming through oversized windows. The kitchen also enjoys great light and open views to Park Avenue and beyond. The two bedrooms boast brilliant light and open western views, with peaks of Central Park and the Metropolitan Museum visible from both bedrooms. This lovely residence, bathed in natural light, also features Central AC, handsome hardwood floors and plenty of closet space. Situated on Museum Mile, La Rsidence at 1080 Madison Avenue is a boutique condominium with an exceptional full time staff and a live-in Superintendent, a common garden and a laundry room. The spectacular, sleek yet warm lobby is adorned with a violin sculpture by famous artist Armand. There are only 2 apartments per floor. Pets are allowed. This home enjoys close proximity to the city's many top attractions and cultural institutions, including the Metropolitan Museum of Art, The Met Breuer, the Guggenheim, Neue Galerie, and Cooper Hewitt; along with an impressive concentration of galleries, designer boutiques and elegant shops as well as five-star restaurants. It is also only one block from Central Park and within easy access to all public transportation. Flip tax: 2%

Last Agent to Sell the Property

Bahar Tavakolian

Compass License #10301202538 Listed on: 03/19/2021

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,100

Year Built

  • Built in 1980

HOA Fees

  • $2,104 Monthly HOA Fees

Home Design

  • Entry on the 15th floor

Interior Spaces

  • Entrance Foyer
  • City Views

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7501 / 1493

Community Details

Overview

  • Upper East Side Subdivision
  • 18-Story Property

Amenities

  • Rooftop Deck
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,100

Year Built

Built in 1980

Lot Details

0

HOA Fees

$2,104 per month

Listing Details

  • Cross Street: East 81st Street/East 82nd Street
  • Exposures: East,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Upper East Side
  • Entry Level: 15
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 18

Interior Features

  • Interior Features: Entrance Foyer
  • Appliances: Dryer, Washer
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Roof Deck

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2104.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 18
  • Year Built: 1980

Tax Info

  • Tax Block: 1493
  • Tax Lot: 7501
  • Tax Annual: 17100.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2021
Closed on
Aug 6, 2021
Sold by
Grey Patricia
Bought by
Cygler Evan
Seller's Agent
Bahar Tavakolian
Compass
List Price
$1,795,000
Sold Price
$1,795,000
Current Estimated Value
$2,023,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,146
Avg. Annual Appreciation
0.98%
Original Mortgage
$1,275,000
Outstanding Balance
$1,155,858
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$714,252

Purchase Details

Closed on
Jul 15, 1999
Sold by
Serlomono Development Corp Nv
Bought by
Grey Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.5%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cygler Evan $1,700,000 --
Grey Patricia $425,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cygler Evan $1,275,000
Previous Owner Grey Patricia $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2021 08/10/21 Sold $1,795,000 0.0% --
05/10/2021 05/10/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $1,795,000 -- --
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 $22,859 $188,454 $25,547 $162,907
2024 $22,859 $182,845 $25,547 $157,298
2023 $18,363 $181,443 $25,547 $155,896
2022 $18,022 $184,324 $25,547 $158,777
2021 $21,135 $172,288 $25,547 $146,741
2020 $17,695 $190,751 $25,547 $165,204
2019 $17,142 $186,458 $25,547 $160,911
2018 $19,810 $179,942 $25,547 $154,395
2017 $18,543 $166,948 $25,547 $141,401
2016 $17,838 $156,739 $25,547 $131,192
2015 $9,515 $145,393 $25,547 $119,846
2014 $9,515 $129,774 $25,547 $104,227
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10706678

Real Estate Board of New York (REBNY)

APN: 1493-1026