NOT LISTED FOR SALE

Estimated Value: $811,000 - $1,095,000

1 Bed
1 Bath
786 Sq Ft
$706/mo HOA Fee

Last Sold August 17, 2022

Last sale price $865,000 $1,101 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,142/month

55 Days on Market

Highlights

  • Full Time Doorman
  • 1-minute walk to 21 Street
  • 5-minute walk to Murray Playground
  • P.S./I.S. 78Q Early Childhood Center Rated A
  • Garage

About This Home

As of August 2022

No attention to detail was spared in upgrades to this bright and spacious southeast-facing 1BR at The Echelon condo in LIC. At nearly 800 sq.ft., this is one of the largest and best-priced 1BRs on the market right now! There is plenty of room to make a "working from home" office area while still having a beautiful and open apartment.

The Chef's kitchen is fully-equipped with loads of cabinet and counter space, stainless steel appliances, and Caesarstone countertops. Upgrades include a gorgeous double faucet; a coveted garbage disposal; and an in-line water filter directly from the sink. Recessed lights were installed in the kitchen and the bathroom. A sound speaker was also wired in to the bathroom so that you can sing your heart out while showering in the deep-soaking tub or getting ready for the day. Bedroom is big enough for a king-sized bed with ample space left over for other furniture items! Custom closets were designed to maximize space, and custom-made blinds were also installed. Remote thermostats in bedroom and living room were installed, so the temperature is exactly the way you like it at any time. The light espresso-stained maple floors, baseboard moldings, and an in-unit W/D add to the luxurious feel of this home.

Amenities of the building include lobby attendant, gym, bike storage, live-in super, and a beautiful roof deck with gorgeous, expansive views of the Manhattan skyline and LIC. Located in the heart of Long Island City near restaurants and shops and minutes from Trader Joes, this apartment boasts quick proximity to several trains, including the 7, E, M, and G train. Just one subway stop to Manhattan, the location just can't be beat. Tax abatement is in place in through 2023. Schedule a showing today!

Last Agent to Sell the Property

Jonna Stark

Brown Harris Stevens Queens LLC License #10301213567 Listed on: 02/10/2022

Brown Harris Stevens Queens LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,200

Lot Details

  • Property is in good condition

HOA Fees

  • $706 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 786 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Community Details

Overview

  • 54 Units
  • Echelon Condos
  • Long Island City Subdivision
  • 12-Story Property

Amenities

  • Full Time Doorman
  • Full Time Lobby Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,200

Lot Details

0

HOA Fees

$706 per month

Listing Details

  • Cross Street: 47th Rd/47th Ave
  • Delivered Vacant: Yes
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Long Island City
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Appliances: Washer Dryer
  • Living Area: 786.0
  • Living Area Units: Square Feet
  • Floor Number: 3

Beds/Baths

  • Bathrooms Total: 1.0
  • Full Bathrooms: 1
  • Bedrooms: 1

Exterior Features

  • Property Condition: Good

Garage/Parking

  • Garage: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 706.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • New Development: No
  • Building Name: ECHELON
  • Units: 54
  • Total Stories: 12
  • Lobby Attendance Type: DoormanFullTime, LobbyAttendantFullTime

Tax Info

  • Tax Block: NA
  • Building Tax Lot: NA
  • Tax Annual: 4200.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2022
Closed on
Jul 1, 2022
Sold by
Tso Jonathan and Tso Susan
Bought by
Rashid Faizan
Seller's Agent
Jonna Stark
Brown Harris Stevens Queens LLC
List Price
$829,000
Sold Price
$865,000
Premium/Discount to List
$36,000
4.34%
Current Estimated Value
$891,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,727
Avg. Annual Appreciation
3.14%
Original Mortgage
$680,000
Outstanding Balance
$653,158
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$296,575

Purchase Details

Listed on
Mar 1, 2016
Closed on
Jun 24, 2016
Sold by
Vaughan Megan and Vaughan Tyler
Bought by
Tso Jonathan and Tso Susan
Seller's Agent
Jonna Stark
Brown Harris Stevens Queens LLC
List Price
$775,000
Sold Price
$775,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.80%
Original Mortgage
$81,302
Interest Rate
3.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2013
Sold by
Jackson Avenue Realty Llc
Bought by
Vaughan Megan and Vaughan Tyler

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,500
Interest Rate
4.42%
Mortgage Type
New Conventional
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
Rashid Faizan $850,000 --
Rashid Faizan $850,000 --
Tso Jonathan $775,000 --
Tso Jonathan $775,000 --
Vaughan Megan $575,311 --
Vaughan Megan $575,311 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rashid Faizan $680,000
Closed Rashid Faizan $680,000
Previous Owner Tso Jonathan $81,302
Previous Owner Vaughan Megan $508,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2022 08/17/22 Sold $865,000 +11.6% $1,101 / Sq Ft
06/06/2022 06/06/22 Off Market $775,000 -- --
02/10/2022 02/10/22 For Sale $829,000 +7.0% $1,055 / Sq Ft
06/24/2016 06/24/16 Sold $775,000 0.0% $986 / Sq Ft
05/31/2016 05/31/16 Pending -- -- --
03/02/2016 03/02/16 For Sale $775,000 -- $986 / 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 $6,924 $57,015 $2,826 $54,189
2024 $6,924 $55,381 $2,826 $52,555
2023 $6,744 $53,940 $2,826 $51,114
2022 $5,358 $52,263 $2,826 $49,437
2021 $4,207 $50,139 $2,826 $47,313
2020 $3,218 $54,363 $2,826 $51,537
2019 $2,201 $53,018 $2,826 $50,192
2018 $1,340 $41,494 $2,826 $38,668
2017 $1,340 $40,040 $2,827 $37,213
2016 $1,358 $40,040 $2,827 $37,213
2015 $1,061 $38,238 $3,029 $35,209
2014 $1,061 $39,511 $3,128 $36,383
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10898467

Real Estate Board of New York (REBNY)

APN: 00057-1010