NOT LISTED FOR SALE

Estimated Value: $5,755,346

-- Bed
-- Bath
5,899 Sq Ft
$976/Sq Ft Est. Value

Last Sold September 30, 2014

Last sale price $5,500,000 $932 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $37,546/month

170 Days on Market

Highlights

  • Pre War Building
  • 3-minute walk to 28 Street (4,6 Line)
  • Garden
  • P.S. 116 Mary Lindley Murray Rated A-

About This Home

As of September 2014

Handsome 5-story residence/office/school/medical building with elevator and 5,899 SF ($1,102/SF) above ground buildable to 7,604 BSF ($855/BSF) or 9,504 BSF ($684/BSF) if the 1,000 SF cellar is developed and expanded to 1,900 SF. The zoning is C4-5A which permits nearly every commercial, residential, institutional, community facility and governmental use. This is a very handsome property, built in the 1870s as a single family house, on a charming tree-lined block off Park Avenue. It is currently owned and occupied by a school.

Last Agent to Sell the Property

George Vanderploeg

Douglas Elliman Real Estate License #30VA0599615 Listed on: 03/10/2014

Douglas Elliman Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $74,975

Year Built

  • Built in 1884

Lot Details

  • Garden

Home Design

  • 5,899 Sq Ft Home
  • Pre War Building

Community Details

  • Kipsbay Subdivision
  • 5-Story Property

Listing and Financial Details

  • Tax Block 886

Home Details

Home Type

Single Family

Est. Annual Taxes

$74,975

Year Built

Built in 1884

Lot Details

0

Listing Details

  • Cross Street: Park & Lexington Avenues
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: KIPSBAY
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 5

Interior Features

  • Living Area: 5899.0
  • Living Area Units: Square Feet

Exterior Features

  • Exterior Features: Garden

Building Info

  • Units: 1
  • Total Stories: 5
  • Year Built: 1884

Tax Info

  • Tax Block: 886

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2014
Closed on
Sep 30, 2014
Sold by
Henry George School Of Social Science
Bought by
Sbg Usa Corp
Seller's Agent
George Vanderploeg
Douglas Elliman Real Estate
List Price
$6,500,000
Sold Price
$5,500,000
Premium/Discount to List
-$1,000,000
-15.38%
Current Estimated Value
$5,755,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,346
Avg. Annual Appreciation
0.40%
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
Sbg Usa Corp $5,500,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2014 09/30/14 Sold $5,500,000 -15.4% $932 / Sq Ft
08/31/2014 08/31/14 Pending -- -- --
03/13/2014 03/13/14 For Sale $6,500,000 -- $1,102 / 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 $74,975 $758,700 $382,500 $376,200
2024 $74,975 $707,850 $382,500 $325,350
2023 $77,609 $729,000 $382,500 $346,500
2022 $83,553 $823,050 $382,500 $440,550
2021 $79,557 $806,850 $382,500 $424,350
2020 $74,937 $812,250 $382,500 $429,750
2019 $71,083 $743,850 $382,500 $361,350
2018 $68,755 $698,400 $382,500 $315,900
2017 $68,206 $658,350 $382,500 $275,850
2016 $67,225 $643,050 $382,500 $260,550
2015 -- $636,750 $382,500 $254,250
2014 -- $633,150 $382,500 $250,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10060770

Real Estate Board of New York (REBNY)

APN: 0886-0015