NOT LISTED FOR SALE

Estimated Value: $1,467,000 - $5,965,000

5 Beds
5 Baths
3,225 Sq Ft
$3,114/mo HOA Fee

Last Sold April 13, 2018

Last sale price $5,450,000 $1,690 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $30,347/month

1,132 Days on Market

Highlights

  • 10,092 Sq Ft lot
  • Pre War Building
  • 5-minute walk to Mae Grant Park
  • P.S. 171 Patrick Henry Rated A
  • Laundry Facilities

About This Home

As of April 2018

This extraordinary sun filled five bedroom, five bath home with a private elevator landing is truly one of a kind. This neo-Renaissance Style full service condo is the work of Emery Roth, designer of the famous Beresford and San Remo was built in 1920's. The heart of this home belongs to the Formal living and Dining rooms, Master bedroom, as well as windowed kitchen and Breakfast Room whit the views of lush trees of Central Park. A skillful combinations of artful blend of classic style and modern convenience with high beamed ceiling, hardwood floors, wine storage, washer and dryer, 24 hours doorman and live-in super, refrigerated storage for deliveries, bicycle storage and Health Club. Pets are welcome. 1200 Fifth Avenue is near celebrated schools and Museums. Beyond these significant attributes the residence is also an ideal for grand entertaining and living. Some trends never die.

Last Agent to Sell the Property

Mina Atabai

Sothebys International Realty License #40AT0769470 Listed on: 02/06/2015

Sothebys International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,992

Year Built

  • Built in 1928

HOA Fees

  • $3,114 Monthly HOA Fees

Home Design

  • 3,225 Sq Ft Home
  • Pre War Building
  • Entry on the 14th floor

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Community Details

Overview

  • 46 Units
  • Upper Carnegie Subdivision
  • 17-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,992

Year Built

Built in 1928

Lot Details

0

HOA Fees

$3,114 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Upper Carnegie
  • Architectural Style: Prewar
  • Entry Level: 14
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 17

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 3225.0
  • Living Area Units: Square Feet
  • Rooms (Total): 10

Beds/Baths

  • Bathrooms Integer: 5
  • Bedrooms: 5

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 3114.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Area: 10092.0

Building Info

  • New Construction: No
  • Units: 46
  • Total Stories: 17
  • Year Built: 1928

Tax Info

  • Tax Block: 0
  • Tax Annual: 7992.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2015
Closed on
Apr 21, 2016
Sold by
Bontanna Management Llc and % M Nader Ahari Esq
Bought by
Niwa Llc
Seller's Agent
Mina Atabai
Sothebys International Realty
List Price
$6,250,000
Current Estimated Value
$4,286,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,087,500
Outstanding Balance
$3,264,110
Interest Rate
3.59%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,204,130

Purchase Details

Closed on
Jun 27, 2008
Sold by
1200 Fifth Associates Llc
Bought by
Bontanna Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
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
Niwa Llc $5,450,000 --
Bontanna Management Llc $6,015,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Niwa Llc $4,087,500
Closed Niwa Llc $4,087,500
Previous Owner Bontanna Management Llc $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2018 04/13/18 Sold $5,450,000 -12.8% $1,690 / Sq Ft
03/14/2018 03/14/18 Pending -- -- --
04/21/2016 04/21/16 Sold -- -- --
03/22/2016 03/22/16 Pending -- -- --
02/06/2015 02/06/15 For Sale $6,250,000 -15.5% $1,938 / Sq Ft
02/06/2015 02/06/15 For Sale $7,400,000 -- $2,295 / 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
2025 $52,725 $503,199 $47,017 $456,182
2024 $52,725 $499,708 $47,017 $452,691
2023 $40,386 $481,782 $47,017 $434,765
2022 $32,254 $501,933 $47,017 $454,916
2021 $22,067 $475,777 $47,017 $428,760
2020 $10,354 $526,971 $47,017 $479,954
2019 $9,960 $522,035 $47,017 $475,018
2018 $10,750 $504,381 $47,017 $457,364
2017 $8,035 $504,696 $47,018 $457,678
2016 $6,045 $477,254 $47,018 $430,236
2015 $4,235 $448,177 $47,018 $401,159
2014 $4,235 $453,720 $47,018 $406,702
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10483882

Real Estate Board of New York (REBNY)

APN: 1607-1047