NOT LISTED FOR SALE

Park Lane Tower 116-24 Grosvenor Ln Unit 11C Richmond Hill, NY 11418

Kew Gardens Neighborhood

Estimated Value: $594,000 - $652,061

3 Beds
2 Baths
1,258 Sq Ft
$1,043/mo HOA Fee

Last Sold August 07, 2024

Last sale price $618,000 $491 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,382/month

80 Days on Market

Highlights

  • Doorman
  • Panoramic View
  • Property is near public transit
  • P.S. 51 Rated A-
  • Deck
  • Wood Flooring

About This Home

As of August 2024

Gracious living in immaculately maintained doorman building tucked along a quiet street. Towering at 11 stories, the apartment is flooded with light at all times. Perfectly planned kitchen with stainless appliances maximizes storage and counter space. Two large modern bathrooms with glass shower doors. Expansive multi-directional exposures offers exceptional open views of Forest Park and open skyline from all windows. Huge master bedroom with ample space for king size bed features en suite bathroom and walk-in closet. Two more bedrooms provides all the flexibility for whatever you may need. Building also offers a roof deck and fully equipped gym. Close to restaurants and shops, F/E subway lines, LIRR, buses, and just blocks from Grand Central Parkway. Separately managed garage parking is available for rent.

Last Agent to Sell the Property

David Wong

Keller Williams Rlty Landmark Brokerage Phone: 718-475-2700 License #10401285569 Listed on: 03/21/2024

Keller Williams Rlty Landmark

Last Buyer's Agent

Victoria Chang

Winzone Realty Inc License #40ZH1068891

Winzone Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,486

Year Built

  • Built in 2005

HOA Fees

  • $1,043 Monthly HOA Fees

Property Views

  • Panoramic
  • Skyline
  • Park or Greenbelt

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,258 Sq Ft Home
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Attached Garage
  • On-Street Parking

Schools

  • Middle School 137 America's School-Heroes
  • Richmond Hill High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • No Common Walls
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 1346 / 3321
  • Assessor Parcel Number 03321-1346

Community Details

Overview

  • Association fees include ground maintenance, exterior maintenance, sewer, gas, heat, hot water
  • High-Rise Condominium
  • 3 Bed 2 Bath
  • 17-Story Property

Amenities

  • Doorman
  • Laundry Facilities

Recreation

  • Park

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,486

Year Built

Built in 2005

Lot Details

0

HOA Fees

$1,043 per month

Listing Details

  • Property Type: Residential
  • Architectural Style: High Rise
  • Property SubType: Condominium
  • Property Condition: Excellent
  • Levels: One
  • Year Built: 2005
  • New Construction: No
  • Attribution Contact: 718-475-2700
  • Ownership: Condo
  • Subdivision Name: Park Lane Condominium
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Refrigerator
  • Interior Amenities: Granite Counters, Living Room/Dining Room Combo, Master Bath, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: None
  • Inclusions: Dishwasher,Intercom,Microwave,Refrigerator
  • Stories: 17
  • Entry Level: 11
  • Total Bedrooms: 3
  • Living Area: 1258
  • AtticDescription: None
  • SquareFootage: 1258.00

Exterior Features

  • Construction Materials: Brick
  • View: City, Open, Park/Greenbelt, Panoramic, Skyline, Other
  • Patio and Porch Features: Deck
  • View YN: Yes
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: Yes
  • Garage: Yes
  • Parking Description: Attached, Garage, Other, On Street

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: On Demand

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Exterior Maintenance, Sewer, Gas, Heat, Hot Water
  • Association Amenities: Door Person
  • Association Fee: 1043.34
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • DevelopmentName: Park Lane Condominium

Association/Amenities

  • Community Features: Park

Schools

  • Middle School: Ms 137 America'S School-Heroes

Lot Info

  • Lot Features: Near Public Transit
  • Parcel Number: 03321-1346
  • Property Attached: No

Rental Info

  • Lease Considered: No
  • Pets Allowed: No
  • Available Date: 2024-08-01

Tax Info

  • Tax Annual Amount: 10486
  • Tax Block: 3321
  • Tax Lot: 1346
  • Tax Map Number: 03321-1346

MLS Schools

  • High School: Richmond Hill High School
  • Middle School District: Queens 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
Aug 7, 2024
Sold by
Wong Richard
Bought by
Chan Sherman Shiu M and Wong Eric Kapang
Seller's Agent
David Wong
Keller Williams Rlty Landmark
Buyer's Agent
Victoria Chang
Winzone Realty Inc
List Price
$650,000
Sold Price
$618,000
Premium/Discount to List
-$32,000
-4.92%
Views
244
Current Estimated Value
$632,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,515
Avg. Annual Appreciation
2.28%
Original Mortgage
$150,000
Outstanding Balance
$148,594
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$483,921

Purchase Details

Closed on
Jun 25, 2015
Sold by
Kearl Alan and Weinheimer Beckie
Bought by
Wong Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2007
Sold by
Sanjana Rusi
Bought by
Kearl Alan and Weinheimer Beckie

Purchase Details

Closed on
Dec 4, 2006
Sold by
Park Lane Associates Lp
Bought by
Sanjana Rusi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,350
Interest Rate
6.31%
Source: Public Records

Range of Values:

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Average Value
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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
Chan Sherman Shiu M $618,000 --
Wong Richard $594,000 --
Wong Richard $594,000 --
Kearl Alan $666,954 --
Kearl Alan $666,954 --
Sanjana Rusi $420,000 --
Sanjana Rusi $420,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Sherman Shiu M $150,000
Previous Owner Wong Richard $294,000
Previous Owner Sanjana Rusi $519,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2024 08/07/24 Sold $618,000 -4.9% $491 / Sq Ft
06/11/2024 06/11/24 Pending -- -- --
03/22/2024 03/22/24 For Sale $650,000 -- $517 / Sq Ft
Source: OneKey® MLS

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 $10,721 $87,380 $5,970 $81,410
2024 $10,721 $85,755 $5,970 $79,785
2023 $10,628 $85,009 $5,970 $79,039
2022 $10,094 $91,965 $5,970 $85,995
2021 $7,859 $78,633 $5,970 $72,663
2020 $6,311 $91,131 $5,970 $85,161
2019 $4,515 $84,657 $5,970 $78,687
2018 $2,880 $73,025 $5,970 $67,055
2017 $1,277 $68,863 $5,970 $62,893
2016 $1,295 $68,863 $5,970 $62,893
2015 $1,012 $64,684 $5,970 $58,714
2014 $1,012 $61,470 $5,969 $55,501
Source: Public Records

Agents Affiliated with this Home

  • David Wong

    Seller's Agent in 2024

    David Wong

    Keller Williams Rlty Landmark

    (626) 964-5500

    2 in this area

    8 Total Sales

    Section Image
  • Victoria Chang

    Buyer's Agent in 2024

    Victoria Chang

    Winzone Realty Inc

    (347) 781-8888

    1 in this area

    53 Total Sales

    Section Image
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About Park Lane Tower

Map

Source: OneKey® MLS

MLS Number: KEY3539574

OneKey® MLS

APN: 03321-1346

New York Queens County Richmond Hill 11415 Kew Gardens

116-24 Grosvenor Ln Unit 11C, Richmond Hill, NY

This home is located at 116-24 Grosvenor Ln Unit 11C, Richmond Hill, NY 11418 since 21 March 2024 and is currently estimated at $632,515, approximately $502 per square foot. This property was built in 2005. 116-24 Grosvenor Ln Unit 11C is a home located in Queens County with nearby schools including P.S. 51, P.S. 56 - Harry Eichler, and M.S.137 America's School of Heroes.

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