$1,750,000
SOLD JAN 17, 2025

127 Madison Ave Unit 2 New York, NY 10016

Rose Hill Neighborhood
2 Beds
2 Baths
1,550 Sq Ft
$1,880/mo HOA Fee

Recently Sold

$1,129 Per Sq Ft

3% Below List Price

296 Days on Market

Highlights

  • Wood Flooring
  • 4-minute walk to 28 Street (4,6 Line)
  • Central Air
  • P.S. 116 Mary Lindley Murray Rated A-
  • Breakfast Bar
  • Private Entrance

About This Home

As of January 2025

Expansive Full-Floor, 1,550 SF 2 Bedroom, 2 Bathroom loft with a private keyed elevator in the heart of NoMad with the Lowest Monthlies in the neighborhood!

This light-filled contemporary 20-foot wide great room offers a serene view of Tree-lined Madison Avenue and the beautiful, landmarked American Academy of Dramatic Arts building and was Designed by renowned SHoP Architects

Custom fabricated, steel cantilevered windows highlight the living room and are accented with high-beamed ceilings and wide plank walnut hardwood floors. The open chef’s kitchen is ideal for cooking and entertaining and is outfitted by the timeless Italian kitchen designer Schiffini. It features a SubZero refrigerator, Bosch appliances, a built-in Miele espresso maker and Carrera marble countertops.

The gallery hallway has ample wall space for displaying your favorite photographs or art collection and leads you to ultra-quiet private bedrooms. The spacious Master Bedroom suite features a generous dressing area with customized closets and a five-fixture bath which is luxuriously appointed with glass mosaic tiles.

127 Madison Avenue was designed to incorporate old world elegance with modern technology and vigor. NoMad is a quintessential New York neighborhood where uptown meets downtown, Historic buildings, world-class hotels, restaurants, nightlife, unique shops create a neighborhood buzz day and night unlike any other.

Last Agent to Sell the Property

Lisa Kobiolke

Compass License #10401245812 Listed on: 07/17/2024

Compass

Co-Listed By

Dylan Hoffman

Compass License #10301208704

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,504

Year Built

  • Built in 1920

Lot Details

  • Private Entrance

HOA Fees

  • $1,880 Monthly HOA Fees

Interior Spaces

  • 1,550 Sq Ft Home
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer

Utilities

  • Central Air
  • No Heating

Community Details

  • 9 Units
  • Nomad Subdivision
  • 13-Story Property

Listing and Financial Details

  • Tax Block 00860

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,504

Year Built

Built in 1920

Lot Details

0

HOA Fees

$1,880 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: NoMad
  • Entry Level: 2
  • Structure Type: Multi Family
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 13

Interior Features

  • Interior Features: Breakfast Bar
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Washer
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 1550.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • View: No
  • Exterior Features: Private Entrance

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: In Unit, See Remarks
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1880.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 23.250000x90.000000

Building Info

  • New Construction: No
  • Units: 9
  • Total Stories: 13
  • Year Built: 1920

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 00860
  • Tax Lot: 0000
  • Tax Annual: 18504.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2024
Closed on
Dec 20, 2024
Sold by
Hansen Andrew
Bought by
Kim Da Young and Koh Thomas
Seller's Agent
Lisa Kobiolke
Compass
List Price
$1,795,000
Sold Price
$1,750,000
Premium/Discount to List
-$45,000
-2.51%
Views
7
Current Estimated Value
$1,848,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,586
Avg. Annual Appreciation
13.68%
Original Mortgage
$1,487,500
Outstanding Balance
$1,479,842
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$412,547

Purchase Details

Closed on
Jan 3, 2018
Sold by
Gibb Thomas A and Gibb Serena
Bought by
Hansen Andrew

Purchase Details

Closed on
May 9, 2013
Sold by
Kokubo Chikako and Kokubo Kazuo
Bought by
Gibb Thomas A and Gibb Serena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 2013
Sold by
Kokubo Chikako
Bought by
Kokubo Chikako and Kokubo Kazuo

Purchase Details

Closed on
Sep 24, 2010
Sold by
127 Madison Partners Llc
Bought by
Kokubo Chikako

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,675
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage
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

Date Type Sale Price Title Company
Deed $1,750,000 --
Deed $1,950,000 --
Deed $1,950,000 --
Deed $1,540,000 --
Deed $1,540,000 --
Deed -- --
Deed -- --
Deed $1,250,920 --
Deed $1,250,920 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,487,500 Purchase Money Mortgage
Previous Owner $208,756 Small Business Administration
Previous Owner $353,625 No Value Available
Previous Owner $486,907 No Value Available
Previous Owner $775,000 Purchase Money Mortgage
Previous Owner $457,000 No Value Available
Previous Owner $675,675 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2025 01/17/25 Sold $1,750,000 -2.5% $1,129 / Sq Ft
10/31/2024 10/31/24 Pending -- -- --
09/06/2024 09/06/24 For Sale $1,795,000 +2.6% $1,158 / Sq Ft
08/16/2024 08/16/24 Off Market $1,750,000 -- --
07/18/2024 07/18/24 Price Changed $1,795,000 -3.0% $1,158 / Sq Ft
01/08/2024 01/08/24 For Sale $1,850,000 -- $1,194 / 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 $19,995 $172,731 $7,584 $165,147
2024 $19,995 $159,938 $19,855 $151,511
2023 $18,166 $148,092 $8,399 $139,693
2022 $16,733 $379,206 $19,855 $359,351
2021 $16,821 $446,131 $19,855 $426,276
2020 $16,573 $478,718 $19,855 $458,863
2019 $15,516 $472,603 $19,855 $452,748
2018 $14,489 $113,917 $4,465 $109,452
2017 $13,416 $105,479 $4,677 $100,802
2016 $13,598 $105,479 $5,158 $100,321
2015 $8,174 $102,208 $5,284 $96,924
2014 $8,174 $94,638 $4,018 $90,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10990475

Real Estate Board of New York (REBNY)

APN: 0860-1202