$989,000
SOLD MAR 31, 2022
1 Bed
1 Bath
798 Sq Ft
$1,039/mo HOA Fee

Recently Sold

$1,239 Per Sq Ft

14% Below List Price

71 Days on Market

Highlights

  • South Facing Home
  • 3-minute walk to 28 Street (4,6 Line)
  • 5-minute walk to Vincent F Albano Jr Playground
  • P.S. 116 Mary Lindley Murray Rated A-

About This Home

As of March 2025

BACK ON THE MARKET!!! 50 K PRICE IMPROVEMENT!!! Amazing MINT CONDITION 1BR/1BATH with state-of-the-art CHEF?S KITCHEN in refined full service condominium on a gorgeous brownstone block. This spacious, sun-filled apartment features a massive living room, a king-sized bedroom with a substantial walk-in-closet, a luxurious marble bathroom, and an utterly spectacular kitchen. The custom open kitchen features top-of-the-line stainless steel appliances, a five-burner range, an elegant and extremely practical island with a reclaimed wood base, expansive Caesarstone countertops, and a dual-zone wine cooler. The openness of this apartment is perfect for entertaining or relaxing. The Lexington Parc Condominium is an intimate full service building nestled on a charming tree-lined street that is located near top NYC restaurants, shopping, transportation, and Park Avenue South. The building?s amenities include a 24/7 concierge, a live-in super, private storage, bike room, laundry room, and a roof deck with stunning city views.

Last Agent to Sell the Property

Stanley Krauze

Corcoran Group License #40KR1061308 Listed on: 03/10/2021

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,012

Year Built

  • Built in 1988

Lot Details

  • South Facing Home

HOA Fees

  • $1,039 Monthly HOA Fees

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Community Details

  • 73 Units
  • Lexparc Condos
  • Downtown Subdivision
  • 19-Story Property

Listing and Financial Details

  • Tax Block 00886

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,012

Year Built

Built in 1988

Lot Details

0

HOA Fees

$1,039 per month

Listing Details

  • Cross Street: PARK AVENUE SOUTH and LEXINGTON AVENUE
  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Downtown
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 19

Interior Features

  • Rooms (Total): 3

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1039.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: LEXPARC
  • Units: 73
  • Total Stories: 19
  • Year Built: 1988

Tax Info

  • Tax Block: 00886
  • Tax Annual: 12012.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2024
Closed on
Feb 28, 2025
Sold by
Dally Christine and Dally Nigel
Bought by
Gupta Sanjay and Gupta Tejas Kavi
Seller's Agent
Jermaine Miles
Corcoran Group
List Price
$999,000
Sold Price
$760,000
Premium/Discount to List
-$239,000
-23.92%
Views
29
Current Estimated Value
$951,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,260
Avg. Annual Appreciation
92.07%
Original Mortgage
$712,500
Outstanding Balance
$710,120
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$232,534

Purchase Details

Listed on
Mar 10, 2021
Closed on
Mar 31, 2022
Sold by
Hagan Kevin F
Bought by
Dally Christine and Dally Nigel
Seller's Agent
Stanley Krauze
Corcoran Group
List Price
$1,149,000
Sold Price
$989,000
Premium/Discount to List
-$160,000
-13.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.60%

Purchase Details

Closed on
Nov 16, 2015
Sold by
Williams Nancy D
Bought by
Hagan Kevin F

Purchase Details

Closed on
May 22, 2002
Sold by
Young Michael L
Bought by
Williams Nancy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,600
Interest Rate
6.81%

Purchase Details

Closed on
Mar 20, 2001
Sold by
Folkenflik Jessica R
Bought by
Young Michael C

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
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 1999
Sold by
Smiley Lawrence A
Bought by
Folkenflik Jessica R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.75%

Purchase Details

Closed on
Sep 24, 1993
Sold by
Lexington Avenue Properties
Bought by
Poylot Jean Baptiste
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $950,000 --
Deed $989,000 --
Deed $1,020,000 --
Deed -- --
Deed -- --
Bargain Sale Deed $380,000 --
Bargain Sale Deed $380,000 --
Bargain Sale Deed $235,000 Chicago Title Insurance Co
Bargain Sale Deed $235,000 Chicago Title Insurance Co
Condominium Deed -- Chicago Title Insurance
Condominium Deed -- Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $712,500 Purchase Money Mortgage
Previous Owner $44,056 No Value Available
Previous Owner $381,600 No Value Available
Previous Owner $200,000 Purchase Money Mortgage
Previous Owner $188,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2025 03/05/25 Sold $760,000 -23.9% --
01/10/2025 01/10/25 Pending -- -- --
11/05/2024 11/05/24 For Sale $999,000 +1.0% --
06/12/2022 06/12/22 Off Market $989,000 -- --
03/31/2022 03/31/22 Sold $989,000 -13.9% $1,239 / Sq Ft
01/18/2022 01/18/22 For Sale $1,149,000 -- $1,440 / 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 $15,625 $127,890 $23,166 $104,724
2024 $15,625 $124,982 $23,166 $101,816
2023 $15,121 $123,264 $23,166 $100,098
2022 $12,257 $125,699 $23,166 $102,533
2021 $13,834 $112,775 $23,166 $89,609
2020 $12,112 $128,754 $23,166 $105,588
2019 $11,829 $132,875 $23,166 $109,709
2018 $13,699 $117,031 $23,166 $93,865
2017 $13,072 $119,800 $23,166 $96,634
2016 $12,141 $106,035 $23,166 $82,869
2015 $6,403 $101,951 $23,166 $78,785
2014 $6,403 $95,998 $23,166 $72,832
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10763315

Real Estate Board of New York (REBNY)

APN: 0886-1207