NOT LISTED FOR SALE

Estimated Value: $605,370 - $657,000

-- Bed
1 Bath
440 Sq Ft
$633/mo HOA Fee

Last Sold January 25, 2024

Last sale price $612,000 $1,391 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,779/month

29 Days on Market

Highlights

  • Laundry Room
  • 3-minute walk to 51 Street
  • 5-minute walk to Greenacre Park
  • P.S. 59 Beekman Hill International Rated A

About This Home

As of January 2024

Experience seamless city living in this bright studio condo at The Cosmopolitan, a coveted residence in the heart of Midtown Manhattan. This premier studio offers efficient living with hardwood floors, four spacious closets, a fully equipped kitchen featuring a dishwasher and ample cabinet storage, and a tiled bathroom. The building boasts prestigious amenities, including a dedicated concierge, a full-time doorman, a rooftop deck with panoramic views, and convenient laundry facilities. Located just blocks from Grand Central Station, you'll relish unbeatable Midtown convenience. Enjoy an abundance of sunlight streaming into this high-floor alcove studio, within one of the city's finest condominiums.

Perfectly located, it's just a block from Midtown Manhattan's financial and corporate hub, with easy walking access to the United Nations and its missions and consulates. With world-class transportation options at your doorstep, including Grand Central Station and the Citibank Complex, this location is truly unmatched. Within a short stroll, you can explore cultural gems like the Museum of Modern Art, Central Park, and Bloomingdale's. Additionally, indulge in the enchanting ambiance of Avra, the city's best Greek restaurant, just steps away. The Cosmopolitan offers a full-service condominium experience with a concierge, doorman, roof deck, and a package room, central air, and a responsive live-in superintendent and staff. Pets are always welcome. This is an excellent investment opportunity for those who understand the exceptional value of this prime city center location, while residents will delight in having everything they need right at their doorstep. Discover urban living at its finest – seize the opportunity to make this studio condo your own at The Cosmopolitan.

Last Agent to Sell the Property

Smitha Ramchandani

Christies International Real Estate Group LLC License #10301211120 Listed on: 09/25/2023

Christies International Real Estate Group LLC

Co-Listed By

Edward Joseph

Christies International Real Estate Group LLC License #10301200417

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,084

Year Built

  • Built in 1986

Lot Details

  • 0.3

HOA Fees

  • $633 Monthly HOA Fees

Home Design

  • 440 Sq Ft Home
  • Entry on the 21st floor

Additional Features

  • Dishwasher
  • 1 Full Bathroom
  • Laundry Room

Listing and Financial Details

  • Legal Lot and Block 7501 / 01303

Community Details

Overview

  • 207 Units
  • The Cosmopolitan Condos
  • Turtle Bay Subdivision
  • 35-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,084

Year Built

Built in 1986

Lot Details

0

HOA Fees

$633 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Turtle Bay
  • Entry Level: 21
  • Structure Type: None
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 35

Interior Features

  • Interior Features: Elevator
  • Appliances: Dishwasher
  • Fireplace: No
  • Living Area: 440.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common On Floor, Common Area, Laundry Room

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 633.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 13012.0
  • Lot Size Dimensions: 140.0 x 100.42

Building Info

  • New Construction: No
  • Building Name: The Cosmopolitan
  • Units: 207
  • Total Stories: 35
  • Year Built: 1986

Rental Info

  • Furnished: Unfurnished
  • Owner Pays: None

Tax Info

  • Tax Block: 01303
  • Tax Lot: 7501
  • Tax Annual: 9084.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2023
Closed on
Jan 25, 2024
Sold by
Estate Of Mary Mallavarapu and Leo Mallavarapu Executor
Bought by
Wang Mengkuo
Seller's Agent
Smitha Ramchandani
Christies International Real Estate Group LLC
List Price
$650,000
Sold Price
$612,000
Premium/Discount to List
-$38,000
-5.85%
Views
10
Current Estimated Value
$640,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,843
Avg. Annual Appreciation
2.67%
Original Mortgage
$362,000
Outstanding Balance
$355,665
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$285,178
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
Wang Mengkuo $612,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Mengkuo $362,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2024 01/25/24 Sold $612,000 -5.8% $1,391 / Sq Ft
10/25/2023 10/25/23 Pending -- -- --
09/25/2023 09/25/23 For Sale $650,000 -- $1,477 / 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 $9,425 $79,157 $21,256 $57,901
2024 $9,425 $75,391 $21,256 $54,135
2023 $9,090 $74,098 $21,256 $52,842
2022 $8,938 $74,900 $21,256 $53,644
2021 $8,684 $71,985 $21,256 $50,729
2020 $8,745 $80,026 $21,256 $58,770
2019 $8,706 $80,002 $21,256 $58,746
2018 $8,255 $74,106 $21,256 $52,850
2017 $7,815 $63,592 $21,256 $42,336
2016 $7,703 $62,820 $21,257 $41,563
2015 $4,584 $64,665 $21,257 $43,408
2014 $4,584 $59,350 $21,257 $38,093
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10942180

Real Estate Board of New York (REBNY)

APN: 1303-1112