NOT LISTED FOR SALE

Estimated Value: $1,261,000 - $6,400,000

5 Beds
4.5 Baths
3,225 Sq Ft
$3,663/mo HOA Fee

Last Sold August 20, 2021

Last sale price $6,095,000 $1,890 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $34,440/month

14 Days on Market

Highlights

  • City View
  • Den
  • 5-minute walk to Mae Grant Park
  • P.S. 171 Patrick Henry Rated A

About This Home

As of August 2021

Magnificently positioned on unquestionably the chicest stretch of Manhattan real estate, this show-stopping 3225 sq.ft. +/-, 5 bedroom, 4.5 bathroom home defines classic elegance and contemporary luxury. With sweeping, tree-top and sky views of Central Park, this spectacular Emery Roth designed property boasts huge rooms framed with large windows and high-beamed ceilings and has left no detail unattended.



A private elevator opens to a formal gallery with exquisite herringbone hardwood floors and accesses the living quarters. The formal living room and adjoining dining room were impeccably designed with entertaining in mind, and the adjoining chef's kitchen features Calacatta marble counters, top-of-the-line appliances, and a breakfast nook with built-in banquette seating and unparalleled Central Park views. Rounding out the home are the stately library/den with custom built-in shelving, an expansive walk-in pantry with a separate service entry, a full laundry room and plentiful storage. The entire west-facing section has tilt-and-turn over-sized windows.



Tucked away at the end of the Park-facing wing, and affording maximum privacy, is the superb primary bedroom suite, with an expansive walk-in closet and a luxurious en-suite spa bathroom featuring heated marble floors and a huge walk-in shower. The separate bedroom quarters are accessed via a long gallery toward the eastern wing of the home, featuring two bedrooms with en-suites and ample closet space and two additional bedrooms that share a cleverly designed bathroom, and could be repurposed as offices and/or media rooms. The private spaces are replete with generous storage space.



Conceived and realized for those who recognize design perfection, 1200 Fifth Avenue is the pinnacle of luxurious living. Located on the “Museum Mile' amidst New York City's most iconic attractions, 1200 Fifth Avenue boasts a prime Central Park location and the Conservatory Garden its veritable front yard. A conversion of an Emery Roth architectural masterpiece, all original Art-Deco details have been preserved and modern, luxurious finishes added. It is a condominium that is pet-friendly, and includes a 24-hour doorman and superintendent, a fitness room, storage and a bicycle room. J51 tax abatement in place which expires 2022.

Last Agent to Sell the Property

Adam Modlin

Modlin Group LLC License #49MO0915281 Listed on: 05/25/2021

Co-Listed By

Andrew Nierenberg

Modlin Group LLC License #10401306799

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,088

Year Built

  • Built in 1928

Lot Details

  • 10,106

HOA Fees

  • $3,663 Monthly HOA Fees

Interior Spaces

  • 3,225 Sq Ft Home
  • Den
  • City Views

Bedrooms and Bathrooms

  • 5 Bedrooms

Community Details

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,088

Year Built

Built in 1928

Lot Details

0

HOA Fees

$3,663 per month

Listing Details

  • Exposures: East,North,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Upper Carnegie
  • Entry Level: 7
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 17

Interior Features

  • Interior Features: Den, Separate/Formal Dining Room
  • Living Area: 3225.0
  • Living Area Units: Square Feet
  • Rooms (Total): 14
  • Dining Room Type: Den

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathrooms Integer: 5
  • Bedrooms: 5

Exterior Features

  • View: City, Park/Greenbelt
  • View: Yes

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 3663.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Area: 10092.0
  • Lot Size Dimensions: 100.92 x 100.0

Building Info

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

Tax Info

  • Tax Block: 0
  • Tax Annual: 11088.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2021
Closed on
Aug 20, 2021
Sold by
Maman Daniel and Maman Stacey
Bought by
Lynch Lindsey A and Lynch Michael P
Seller's Agent
Adam Modlin
Modlin Group LLC
List Price
$5,995,000
Sold Price
$6,095,000
Premium/Discount to List
$100,000
1.67%
Current Estimated Value
$4,778,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,316,061
Avg. Annual Appreciation
-3.70%
Original Mortgage
$4,571,250
Outstanding Balance
$4,177,589
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,089,641

Purchase Details

Closed on
Jul 10, 2013
Sold by
1200 Fifth Assoicates Llc
Bought by
Maman Daniel and Maman Stacey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,486,250
Interest Rate
4.58%
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
Lynch Lindsey A $6,095,000 --
Maman Daniel $3,894,806 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynch Lindsey A $4,571,250
Previous Owner Maman Daniel $2,487
Previous Owner Maman Daniel $2,486,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $6,095,000 +1.7% $1,890 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
05/25/2021 05/25/21 For Sale $5,995,000 -- $1,859 / 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 $52,601 $502,014 $46,910 $455,104
2024 $52,601 $498,532 $46,910 $451,622
2023 $40,469 $480,647 $46,910 $433,737
2022 $32,321 $500,751 $46,910 $453,841
2021 $22,015 $474,657 $46,910 $427,747
2020 $11,959 $525,730 $46,910 $478,820
2019 $10,901 $520,805 $46,910 $473,895
2018 $10,734 $503,194 $46,910 $456,284
2017 $8,026 $503,507 $46,910 $456,597
2016 $6,032 $476,130 $46,910 $429,220
2015 $4,067 $447,122 $46,910 $400,212
2014 $4,067 $441,052 $46,910 $394,142
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10721178

Real Estate Board of New York (REBNY)

APN: 1607-1020