NOT LISTED FOR SALE

Estimated Value: $566,000 - $694,180

Studio
1 Bath
488 Sq Ft
2005 Built

Sale Details

Date Sold: June 23, 2023

Last sale price $595,000 $1,219 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,831 / mo

216 Days on Market

Highlights

  • Rooftop Deck
  • 1-minute walk to 23 Street (4,6 Line)
  • Laundry Facilities
  • P.S. 116 Mary Lindley Murray Rated A-
  • City View
  • 5-minute walk to Madison Square Park

About This Home

As of June 2023

Mint condition studio boasting high ceilings and southern light and views. Features a separate sleeping area with custom murphy bed, kitchen with custom cherry cabinets and GE stainless appliances, granite countertops and Jatoba hardwood floors.
Impeccably located at the cross-section of the iconic Flatiron District and the Gramercy Park neighborhood, this apartment is seconds from Madison Square Park and the best dining and nightlife NYC has to offer. Grocery stores and 24-hour pharmacies in the area are abundant and include CVS, Morton Williams, and Walgreens just across the street. Public transportation is ideal with easy access to #6,N/R/W and quick transfer to 4,5,Q and L. Crossing 23rd is a true white-glove service building with 24-hour door staff, concierge services, valet dry cleaning, commercial laundry room, fitness center, and beautiful communal garden roof deck. The building has GROUP discounted cable @$53/mo.

Last Agent to Sell the Property

Ian Wolf

Compass License #40WO0950542 Listed on: 09/08/2022

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,660

Year Built

  • Built in 2005

Lot Details

  • South Facing Home

HOA Fees

  • $811 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1 Full Bathroom
  • 488 Sq Ft Home

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Legal Lot and Block 7501 / 879

Community Details

Overview

  • Kips Bay Subdivision
  • 21-Story Property

Amenities

  • Rooftop Deck
  • Courtyard
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,660

Year Built

Built in 2005

Lot Details

0 Sq Ft Lot

HOA Fees

$811 per month

Listing Details

  • Cross Street: Park Avenue South/Lexington Avenue
  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Kips Bay
  • Entry Level: 2
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 21

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 488.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 811.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 21
  • Year Built: 2005

Tax Info

  • Tax Block: 879
  • Tax Lot: 7501
  • Tax Annual: 6660.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2022
Closed on
Jun 21, 2023
Sold by
Bought by
Seller's Agent
Ian Wolf
Compass
List Price
$625,000
Sold Price
$595,000
Premium/Discount to List
-$30,000
-4.8%
Views
15
Current Estimated Value
$633,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,795
Avg. Annual Appreciation
2.13%
Original Mortgage
$340,000
Outstanding Balance
$329,145
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$304,650

Purchase Details

Closed on
Aug 30, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,800
Interest Rate
5.67%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$595,000 --
$565,000 --
$565,000 --
$389,376 --
$389,376 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $340,000
Previous Owner $315,000
Previous Owner $76,800
Previous Owner $268,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/23/2023 06/23/23 Sold $595,000 -0.8% $1,219 / Sq Ft
04/14/2023 04/14/23 Pending -- -- --
03/17/2023 03/17/23 Price Changed $599,995 -4.0% $1,229 / Sq Ft
01/18/2023 01/18/23 For Sale $625,000 +5.0% $1,281 / Sq Ft
01/15/2023 01/15/23 Off Market $595,000 -- --
10/17/2022 10/17/22 Price Changed $649,000 -4.4% $1,330 / Sq Ft
09/09/2022 09/09/22 For Sale $679,000 0.0% $1,391 / Sq Ft
04/16/2015 04/16/15 For Rent $2,850 -- --
04/16/2015 04/16/15 Rented -- -- --
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,233 $58,783 $2,825 $55,958
2025 $6,967 $57,864 $2,825 $55,039
2024 $6,967 $55,728 $2,825 $52,903
2023 $6,755 $55,063 $2,825 $52,238
2022 $6,666 $54,704 $2,825 $51,879
2021 $6,375 $51,969 $2,825 $49,144
2020 $6,701 $57,552 $2,825 $54,727
2019 $6,618 $58,912 $2,825 $56,087
2018 $6,299 $54,114 $2,825 $51,289
2017 $6,125 $53,006 $2,826 $50,180
2016 $5,985 $49,902 $2,825 $47,077
2015 $2,555 $48,224 $2,825 $45,399
2014 $2,555 $44,192 $2,825 $41,367
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10860142

Real Estate Board of New York (REBNY)

APN: 0879-1003

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