NOT LISTED FOR SALE

Estimated Value: $4,568,000 - $18,806,780

7 Beds
8.5 Baths
9,200 Sq Ft
$1,270/Sq Ft Est. Value

Last Sold May 05, 2022

Last sale price $17,300,000 $1,880 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $73,502/month

417 Days on Market

Highlights

  • No HOA
  • 2-minute walk to Lexington Avenue-63 Street
  • Entrance Foyer
  • East Side Elementary School, P.S. 267 Rated A
  • Community Garden
  • Garden

About This Home

As of May 2022

Just off Park Avenue! Luxury Redefining New Construction Townhouse. Introducing 123 East 61st Street, the most luxurious new construction townhouse on the Upper East Side. Custom-built with a curated collection of high-end fixtures and finishes, this 6-bedroom, 8.5-bathroom home sets a new standard of modern design and urban grandeur. The 6-story house sits on a 20' X 100' lot and features a stunning custom Stucco façade, a commercial-grade elevator with wood-stained panels and imported Spanish tiling, brand new insulated Crystal Window casement windows, beautiful Carlisle engineered wide plank oak floors, a state-of-the-art Lutron home automation system, integrated speakers, imported hidden door hinges, custom lighting, a custom-built spiral staircase with Kelly Wearstler sconces, a finished cellar, multiple laundry rooms, a private backyard with LED sconces, and a tranquil rooftop deck. The garden floor of the home opens into a welcoming entry hall adorned with chic FLOS lighting, custom coat closets, and a pristine powder room with aluminum arrow wall tiles and a marble vanity. Pocket doors lead into an open-concept family room and kitchen saturated with natural light. The kitchen is equipped with a windowed breakfast nook, a huge eat-in waterfall island, sleek Calacatta marble countertops and backsplash, Pedini Kitchen cabinets, an integrated pop-up outlet, a Dornbracht pot filler, and a suite of fully-integrated high-end appliances from Gaggenau and Miele. The first floor features formal living and dining rooms. The living room has a marble gas-burning fireplace, and the dining room overlooks the backyard and has a Kelly Wearstler chandelier as well as a custom dining cabinet with marble countertops and a Miele wine fridge. The primary suite sits on the second floor of the home and boasts a spacious bedroom, a large sitting room/study, a gas-burning fireplace, a massive walk-through closet, and a windowed spa-like en-suite bathroom with Kelly Wearstler lighting, imported Spanish tiles, radiant heated floors, a double Porcelanosa vanity with a Calacatta marble top, an oversized walk-in shower with body jets and a floating bench, and a free-standing soaking tub. The third, fourth, and fifth floors contain the remaining five bedrooms, a large game room, and a laundry room with custom cabinets and an Electrolux washer/dryer. The game room has a Linear Electric fireplace with a natural stone tile surround. Each bedroom has a large custom closet and a full en-suite bathroom with Bianco Lasa Vena marble vanity tops, radiant heated floors, and either walk-in shower or a deep soaking tub. Finishing the house is an open cellar as well as a lovely rooftop deck with imported anti-slip pavers and built-in infrastructure for a wet bar and outdoor kitchen. The cellar has a laundry room with a utility sink and an Electrolux washer/dryer as well as a full bathroom with radiant heated floors. Situated just off Park Avenue on a regal tree-lined street, 123 East 61st has easy access to all the high-end restaurants, cafes, shops, and cultural institutions in Lenox Hill. It is two blocks from Grand Army Plaza and Central Park, and it is around the corner from Bloomingdales.

Last Agent to Sell the Property

Chase Landow

Serhant License #10401284491 Listed on: 02/09/2021

Serhant

Co-Listed By

Ryan Serhant

Serhant License #10301209394

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $140,520

Year Built

  • Built in 1900

Lot Details

  • 1,908 Sq Ft Lot
  • Lot Dimensions are 19.5 x 100.42
  • Garden

Interior Spaces

  • 9,200 Sq Ft Home
  • Wood Burning Fireplace
  • Entrance Foyer

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Utilities

  • Central Air

Community Details

Overview

  • No Home Owners Association
  • Lenox Hill Subdivision
  • 5-Story Property

Amenities

  • Community Garden

Home Details

Home Type

Single Family

Est. Annual Taxes

$140,520

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Exposures: North,South
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Lenox Hill
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 5

Interior Features

  • Interior Features: Entrance Foyer
  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 9200.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Bathrooms Integer: 9
  • Bedrooms: 7

Exterior Features

  • Exterior Features: Building Garden, Garden

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Area: 1908.0
  • Lot Size Dimensions: 19.5 x 100.42

Building Info

  • New Construction: No
  • Units: 2
  • Total Stories: 5
  • Year Built: 1900

Tax Info

  • Tax Block: 0
  • Tax Annual: 140520.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2018
Sold by
Lucania Trustee Joseph
Bought by
Rsr61 Llc
Current Estimated Value
$11,687,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$175,514
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$11,511,876

Purchase Details

Closed on
Feb 25, 2016
Sold by
Sbp 61 Street Llc
Bought by
Riverside Realty Trust

Purchase Details

Closed on
Aug 26, 2010
Sold by
Aberdeen 123 East 61 Llc
Bought by
Sbp 61 Street Llc

Purchase Details

Closed on
Sep 26, 2007
Sold by
Co-Executors Of The Last Will And Testam
Bought by
Aberdeen 123 East 61 Llc
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
Rsr61 Llc -- --
Riverside Realty Trust $12,000,000 --
Sbp 61 Street Llc $12,100,000 --
Aberdeen 123 East 61 Llc $7,900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rsr61 Llc $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2022 05/05/22 Sold $17,300,000 -8.0% $1,880 / Sq Ft
04/04/2022 04/04/22 For Sale $18,800,000 +8.7% $2,043 / Sq Ft
01/26/2022 01/26/22 Off Market $17,300,000 -- --
01/03/2022 01/03/22 Rented -- -- --
12/04/2021 12/04/21 Under Contract -- -- --
09/16/2021 09/16/21 For Rent $100,000 0.0% --
02/10/2021 02/10/21 For Sale $18,800,000 -- $2,043 / 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 $147,931 $780,714 $522,634 $258,080
2024 $147,931 $736,523 $605,340 $209,068
2023 $148,414 $730,777 $523,326 $207,451
2022 $143,533 $959,880 $648,120 $311,760
2021 $145,762 $960,420 $648,120 $312,300
2020 $141,340 $1,036,080 $648,120 $387,960
2019 $95,756 $849,960 $648,120 $201,840
2018 $92,335 $452,958 $347,800 $105,158
2017 $90,334 $443,142 $349,173 $93,969
2016 $84,194 $421,162 $352,584 $68,578
2015 $33,614 $400,426 $347,617 $52,809
2014 $33,614 $381,456 $344,984 $36,472
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10790940

Real Estate Board of New York (REBNY)

APN: 1396-0010