NOT LISTED FOR SALE

Estimated Value: $5,091,000 - $7,121,000

4 Beds
4.5 Baths
3,270 Sq Ft
$4,386/mo HOA Fee

Last Sold June 14, 2024

Last sale price $6,831,250 $2,089 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $44,272/month

156 Days on Market

Highlights

  • Concierge
  • 1-minute walk to 86 Street (4,5,6 Line)
  • Rooftop Deck
  • P.S. 527 East Side School-Social Actio Rated A
  • New Construction
  • City View

About This Home

As of June 2024

Private In-Person Appointments Available. Immediate Occupancy.

1289 Lexington is the newest addition to the Zeckendorf portfolio, joining such illustrious buildings as 520 Park Avenue, 18 Gramercy Park South, and 15 Central Park West. The new 18-story tower, designed by the esteemed HOK Architects, with bespoke interiors by Architectural Digest 100 Designer Lee Mindel of SheltonMindel, offers incredible spaces in which to live.

Apartment 16B at 1289 Lexington is an impressive four-bedroom home grand in scale. Southern light pours into the great room, kitchen, and primary bedroom, creating a bright, airy atmosphere that reaches almost 10' to the ceilings. Three more bedrooms, four-and-a-half bathrooms and a private laundry room complete the picture of this grand residence.

With interiors designed by AD100 firm SheltonMindel, the kitchen features custom-made walnut cabinets, a full suite of Gaggenau appliances (including a vented stove hood), custom pendant lights, and elegant slab marble and Glassos counters. The bathrooms are worthy of one of the world's great spas, with slab and mosaic stonework in white and a light, natural palate.

Amenities include a business center with four private study/Zoom rooms and a large meeting room; a Media Creation and Gaming room with Karaoke and musical instruments; an elegant lounge with a catering kitchen and landscaped terrace; a rooftop terrace with fireside seating and outdoor kitchen with grill; a windowed fitness center designed by The Wright Fit; a fun-filled playroom created by Silver Hill Atelier.

1289 Lexington is positioned where the Upper East Side meets Carnegie Hill. This newly completed condominium is close to the Metropolitan, Guggenheim and Neue Galerie museums. Shopping at Whole Foods, Eli's and Grace's is just outside the door. Moreover, one can enjoy Uva, Cafe Sabarsky, Sistina and myriad other great restaurants on a regular basis.

All dimensions and square footages are approximate and subject to, among other things, normal construction variances and tolerances. Square footage exceeds the usable floor area. Sponsor reserves the right to make changes in accordance with the terms of the Offering Plan, as amended ("Plan"). In the event of any inconsistency between this floor plan and the floor plans contained in the Plan, the floor plans contained in the Plan shall prevail and control. Plans and dimensions may contain minor variations from floor to floor. Any depictions of personal or condominium property, including, without limitation, any interior and exterior decorations, furniture, furnishings, fixtures, appliances, and landscaping (including the maturity of growth of landscaping), are for illustrative and conceptual purposes only. No representation or warranty is made that a unit owner will be able to implement the furniture layout shown above. Sponsor makes no representations or warranties except as may be set forth in the Plan. THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM SPONSOR. FILE NO. CD17-0315. SPONSOR: 86LEX OWNER, LLC, 445 PARK AVENUE, SUITE 1902, NEW YORK, NY 10022. EQUAL HOUSING OPPORTUNITY.

Last Agent to Sell the Property

Jill Bernard

Brown Harris Stevens Residential Sales LLC License #10401274978 Listed on: 11/07/2023

Brown Harris Stevens Residential Sales LLC

Co-Listed By

Alan Shaker

Brown Harris Stevens Residential Sales LLC License #40SH1078621

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $65,731

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 0.32

HOA Fees

  • $4,386 Monthly HOA Fees

Interior Spaces

  • 3,270 Sq Ft Home
  • City Views

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed

Utilities

  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 2153 / 01515

Community Details

Overview

  • 61 Units
  • High-Rise Condominium
  • Carnegie Hill Subdivision
  • 18-Story Property

Amenities

  • Concierge
  • Rooftop Deck
  • Children's Playroom

Property Details

Home Type

Condominium

Est. Annual Taxes

$65,731

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$4,386 per month

Listing Details

  • Exposures: East,North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Carnegie Hill
  • Entry Level: 16
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: 4098
  • Property Sub Type: Condos
  • Stories: 18

Interior Features

  • Interior Features: Dining Area
  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 3270.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathrooms Integer: 5
  • Bedrooms: 4

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Roof Deck, None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other, In Unit
  • Green Building Features: Common Playroom, Concierge, Green Building, Kitchen Facilities
  • Cooling: Other
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 4386.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Rental Info

  • Land Lease: No

Building Info

  • New Construction: Yes
  • Units: 61
  • Total Stories: 18
  • Year Built: 2019

Tax Info

  • Tax Block: 01515
  • Tax Lot: 2153

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2023
Closed on
Jun 14, 2024
Sold by
86Lex Owner Llc
Bought by
Erin C Culek As Trustee and Erin C Culek Trust Dated June 24 2022
Seller's Agent
Jill Bernard
Brown Harris Stevens Residential Sales LLC
List Price
$6,995,000
Sold Price
$6,831,250
Premium/Discount to List
-$163,750
-2.34%
Views
58
Current Estimated Value
$6,314,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$516,287
Avg. Annual Appreciation
-7.49%
Original Mortgage
$2,500,000
Outstanding Balance
$2,474,702
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,747,636
Source: Public Records

Range of Values:

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Average Value
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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
Erin C Culek As Trustee $6,831,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erin C Culek As Trustee $2,500,000
Previous Owner Jpmorgan Chase Bank Na $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $6,831,250 -2.3% $2,089 / Sq Ft
04/12/2024 04/12/24 Pending -- -- --
11/07/2023 11/07/23 For Sale $6,995,000 -- $2,139 / 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 $65,731 $518,295 $179,861 $338,434
2024 $65,731 $525,767 $107,745 $363,016
2023 $62,329 $498,552 $71,955 $426,597
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10970086

Real Estate Board of New York (REBNY)

APN: 1515-2153