NOT LISTED FOR SALE

Estimated Value: $2,036,000 - $2,486,000

2 Beds
2 Baths
1,535 Sq Ft
$806/mo HOA Fee

Last Sold September 05, 2023

Last sale price $2,200,000 $1,433 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $16,026/month

151 Days on Market

Highlights

  • New Construction
  • 2-minute walk to 23 Street (4,6 Line)
  • South Facing Home
  • P.S. 116 Mary Lindley Murray Rated A-

About This Home

As of September 2023

50% Sold & Offering Immediate Occupancy

Cool on the outside, warmly modern on the inside, The Gramercy North is a newly constructed boutique condominium tower offering a limited collection of 14 full-floor residences designed by Italian architect Stefano Pasqualetti.

This floor-through, two-bedroom, two-bath residence marries sleek design with extraordinary comfort and convenience. Located in the exclusive Gramercy area, steps from Madison Square Park and some of the best restaurants and shops in the city, this bespoke home offers virtual doorman service, a secure package room, bike room and a garden roof terrace with iconic skyline views.

Natural light fills the open living-dining-kitchen area and tickles your senses as you arrive via private elevator. Wall-to-wall windows along the south exposure illuminate the interior even on gloomy days. Enjoy designer touches such as 7-inch-wide pale hardwood floors, custom light fixtures, and Italian-made LEMA custom closets and Effebiquattro doors.

The chic design sensibility extends to the kitchen, where European oak cabinetry meets white-and-black Arabescato Vagli marble countertops and backsplash. Fantini chrome fixtures and integrated Miele appliances, including a vented gas cooktop and built-in microwave, complete the kitchen ensemble.

Two quiet, north-facing bedrooms, both equipped with large closets, provide daylight and privacy at the end of a gallery. Designed to delight, the primary suite includes a huge walk-in wardrobe and a stunning en-suite bathroom that evokes the carved walls of a quarry. The incredibly spacious, spa-like primary bathroom is finished in Travertino Silver Roman marble surrounding the walk-in rain shower and floating double vanity. The second bathroom similarly reflects luxury and sophistication.

Gramercy North offers a flexible floorplan, there is an opportunity for additional designated spaces such as a windowed den or home office. Additional perks include in-unit Miele washer/dryer, multiple closets, and minimalist slot air returns that allow the ceilings and floors to remain free of unsightly vents.

Situated in the center of downtown Manhattan life - in the midst of Gramercy, Kips Bay, NoMad, the Flatiron District and Chelsea - Gramercy North offers unfettered access to the city's best shopping, dining, nightlife and entertainment. World-class restaurants and upscale fitness clubs enliven the streets, while grocers like Whole Foods, Trader Joe's and Fairway are all within reach. Nearby transit options include the 4/5/6, N/Q/R/W and L trains. Let Gramercy North open your eyes to a new standard of contemporary urban living.

The artist and computer renderings and interior and exterior decorations, finishes, fixtures, appliances, and furnishings are provided for illustrative purposes only. Sponsor makes no representation or warranties except as may be set forth in the Offering Plan. All square footages and dimensions are approximate and subject to normal construction variances and tolerances. Any computer and artist renderings reflect the planned scale and spirit of the Building. Sponsor makes no representation that future construction in the neighborhood surrounding the Condominium will not result in the obstruction of the views. Sponsor reserves the right to make substitutions of material, equipment, fixtures, finishes and appliances in accordance with the terms of the Offering Plan. The complete offering terms are in an offering plan available from the Sponsor. File # CD 19-0107. Sponsor: 139 East 23rd Street Club LLC, 350 Fifth Avenue, 41st floor, New York, NY 10018. Equal Housing Opportunity.

Co-Listed By

Sara Kennedy

Douglas Elliman Real Estate License #10401338655

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $30,372

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 2,570

HOA Fees

  • $806 Monthly HOA Fees

Home Design

  • 1,535 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Additional Features

  • Dishwasher
  • South Facing Home

Community Details

  • 14 Units
  • Gramercy North Condos
  • Gramercy Park Subdivision
  • 15-Story Property

Listing and Financial Details

  • Tax Block 00879

Property Details

Home Type

Condominium

Est. Annual Taxes

$30,372

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$806 per month

Listing Details

  • Cross Street: LEXINGTON AVENUE and 3 AVENUE
  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Gramercy Park
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 15

Interior Features

  • Appliances: Dryer, Dishwasher, Washer Dryer Allowed, Washer
  • Living Area: 1535.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 806.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Building Name: GRAMERCY NORTH
  • Units: 14
  • Total Stories: 15
  • Year Built: 2020

Tax Info

  • Tax Block: 00879
  • Tax Annual: 30372.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2023
Closed on
Sep 5, 2023
Sold by
139 East 23Rd Street Club Llc
Bought by
Aliulis George M and Aliulis Preeti Natwa
List Price
$2,350,000
Sold Price
$2,200,000
Premium/Discount to List
-$150,000
-6.38%
Views
34
Current Estimated Value
$2,309,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,723
Avg. Annual Appreciation
3.58%
Original Mortgage
$1,400,000
Outstanding Balance
$1,373,511
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$985,954
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
Aliulis George M $2,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aliulis George M $1,400,000
Previous Owner Banca Monte Dei Paschi Di Siena Spa $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2023 09/05/23 Sold $2,200,000 -6.4% $1,433 / Sq Ft
06/28/2023 06/28/23 Pending -- -- --
01/27/2023 01/27/23 For Sale $2,350,000 -- $1,531 / 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 $32,799 $269,645 $48,339 $221,306
2024 $32,799 $262,352 $48,339 $214,013
2023 $31,784 $259,100 $48,338 $210,762
2022 $30,289 $250,781 $48,339 $202,442
2021 $25,942 $217,927 $48,339 $169,588
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10914535

Real Estate Board of New York (REBNY)

APN: 0879-1303