NOT LISTED FOR SALE

Estimated Value: $1,306,000 - $1,575,000

2 Beds
3 Baths
1,122 Sq Ft
$1,355/mo HOA Fee

Last Sold March 05, 2015

Last sale price $1,525,000 $1,359 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $11,550/month

178 Days on Market

Highlights

  • Terrace
  • 2-minute walk to 28 Street (4,6 Line)
  • Laundry Facilities
  • P.S. 116 Mary Lindley Murray Rated A-
  • Balcony

About This Home

As of March 2015

Pin-drop quiet and flooded with sunlight, this renovated high-floor 2 Bedroom 2.5 bath CONDO with triple-exposures and open city views is a rare and wonderful find. Located on a tranquil, tree-lined street between Park and Lexington on the northern border of NOMAD, this very special home features an oversized south-facing living room with enormous windows, a large dining alcove and sliding glass doors that lead out to a south-facing balcony. The open south-east city views are simply divine. The large, renovated open-style kitchen with an east-facing window features new appliances, gorgeous granite countertops and a surfeit of storage including a large pantry. It's ideal for those who like to cook and entertain.

The large master bedroom with an en-suite white tile bath and walk-in closet is 18 feet long and easily accommodates a king-sized bed. The spacious second bedroom with a windowed en-suite white tile bath easily accommodates a queen-sized bed. Both bedrooms face north and due to the surrounding block of townhouses, they have open exposures, amazing light and are exceptionally quiet.

Other notable features of this property include gorgeous Brazilian walnut floors, all new windows throughout the home, all new HVAC units as well as five fabulous closets and a free storage unit.

The Pierpont is a full-service condominium with a 24 hour doorman, a lovely roof deck with 2 BBQ's, a garden, a fitness room and a central laundry room. With less than 50 units and only two apartments per floor, this pet-friendly building has a wonderful boutique feel. Situated just 4 blocks from Madison Square Park, residents enjoy fabulous dining, great shopping and s access to public transportation (4/5/6 train is just around the corner on Park Ave South).

Last Listed By

David Glick

Douglas Elliman Real Estate License #10301217289 Listed on: 08/07/2014

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,616

Year Built

  • Built in 1985

Lot Details

  • 5,881

HOA Fees

  • $1,355 Monthly HOA Fees

Home Design

  • 1,122 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Balcony
  • Terrace

Listing and Financial Details

  • Tax Block 886

Community Details

Overview

  • 52 Units
  • The Pierpont Condos
  • Murray Subdivision
  • 22-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,616

Year Built

Built in 1985

Lot Details

0

HOA Fees

$1,355 per month

Listing Details

  • Cross Street: Park Ave So/Lexington
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: MURRAY
  • Entry Level: 17
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 22

Interior Features

  • Living Area: 1122.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Bathrooms Integer: 3
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Balcony
  • Patio/Porch Features: Terrace, Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1355.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: The Pierpont
  • Units: 52
  • Total Stories: 22
  • Year Built: 1985

Tax Info

  • Tax Block: 886
  • Tax Annual: 14616.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2014
Closed on
Mar 5, 2015
Sold by
Smm Homes Llc
Bought by
Bilkis Stephen
Seller's Agent
David Glick
Douglas Elliman Real Estate
List Price
$1,550,000
Sold Price
$1,525,000
Premium/Discount to List
-$25,000
-1.61%
Total Days on Market
178
Current Estimated Value
$1,475,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$49,874
Avg. Annual Appreciation
0.42%
Original Mortgage
$1,000,000
Outstanding Balance
$774,808
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$817,103

Purchase Details

Closed on
Jan 27, 2009
Sold by
Myers Allan
Bought by
Smm Homes Llc

Purchase Details

Closed on
Apr 8, 2005
Sold by
Myers Allan and Myers Michael
Bought by
Myers Allan

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
5.61%

Purchase Details

Closed on
Aug 22, 2000
Sold by
Scotti Christopher L and Scotti Jane Elizabeth
Bought by
Myers Allan and Myers Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,990
Interest Rate
8.37%
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 Buyer Sale Price Title Company
Bilkis Stephen $1,525,000 --
Smm Homes Llc $1,125,000 --
Myers Allan $450,000 --
Myers Allan $660,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bilkis Stephen $3,409
Open Bilkis Stephen $1,000,000
Previous Owner Myers Allan $200,000
Previous Owner Scotti Christopher L $167,001
Previous Owner Myers Allan $499,990
Previous Owner Scotti Christopher L $3,974
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2015 03/05/15 Sold $1,525,000 -1.6% $1,359 / Sq Ft
02/03/2015 02/03/15 Pending -- -- --
08/08/2014 08/08/14 For Sale $1,550,000 -- $1,381 / Sq Ft
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
2024 $23,350 $186,770 $35,777 $150,993
2023 $18,834 $191,417 $35,777 $155,640
2022 $18,849 $198,137 $35,777 $162,360
2021 $22,368 $184,044 $35,777 $148,267
2020 $18,168 $203,763 $35,777 $167,986
2019 $17,442 $199,188 $35,777 $163,411
2018 $19,858 $167,550 $35,777 $131,773
2017 $19,084 $168,413 $35,777 $132,636
2016 $18,411 $155,090 $35,777 $119,313
2015 $10,518 $159,167 $35,777 $123,390
2014 $10,518 $141,684 $35,777 $105,907
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10078600

Real Estate Board of New York (REBNY)

APN: 0886-1041