NOT LISTED FOR SALE

Estimated Value: $3,112,704 - $7,520,000

5 Beds
4.5 Baths
5,600 Sq Ft
2008 Built

Highlights

  • Rooftop Deck
  • Terrace
  • Central Air
  • City View
  • Entrance Foyer
  • 2-minute walk to Marcus Garvey Park

About This Home

As of June 2013

At approximately 5600 Sq, Ft., this PH is replete with well-thought-out features for living and entertaining in the height of both luxury and convenience. Adjacent to the main room, there are three powder rooms and a restaurant level open Kitchen. The gracious master suite has a giant Jacuzzi, a steam shower, and a studio apartment-sized walk-in closet. Among the other 3-4 BRs, theres a second suite. For outdoor space lovers, there is a 36x8 terrace just south of the living space and a 1000 Sq.Ft.+ south-facing terrace just above. For the most adventuresome of home theatre, stereo, or exotic lighting enthusiasts, theres 100 Amps of extra power just waiting to be used.

As for the building itself, 5th on the Park not only designed by renowned architects FX Fowle and built to the highest of standards, but it is replete with outstanding amenities. From a 40 high atrium lobby, filled with museum quality art, to a state of the art work out facility, to a 55 lap lap pool, to 24 hour valet parking, it is absolutely a world class apartment complex.

The location itself is also exception. On the corner of one of Harlems best blocks, it is walking distance to just about all of the newly opened upscale dining scene. It is also close to both east and west side public transportation options and plenty of cabs. Additionally, virtually every private school in Manhattan and Riverdale now has regular Harlem bus pickups.
So, if you're looking to live in that quintessential Manhattan palace in the sky------the sort that is almost never available as a rental-----don't miss the opportunity to view this spectacular home.

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $542

Year Built

  • Built in 2008

Parking

  • Garage

Interior Spaces

  • 5,600 Sq Ft Home
  • Entrance Foyer

Bedrooms and Bathrooms

  • 5 Bedrooms

Additional Features

  • Terrace
  • Central Air

Listing and Financial Details

  • Property Available on 1/15/13
  • Legal Lot and Block 1 / 1746

Community Details

Overview

  • East Harlem Subdivision
  • 28-Story Property

Amenities

  • Rooftop Deck
  • Community Garden

Condo Details

Home Type

Condominium

Est. Annual Taxes

$542

Year Built

Built in 2008

Lot Details

0

Rental Info

  • Available Date: 2013-01-15

Listing Details

  • Cross Street: East 119th Street/East 120th Street
  • Exposures: East,North,South
  • Property SubType: Triplex
  • Property Type: Residential Lease
  • Neighborhood: East Harlem
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 28

Interior Features

  • Interior Features: Entrance Foyer
  • Living Area: 5600.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Garden, Building Roof Deck
  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 28
  • Year Built: 2008

Tax Info

  • Tax Block: 1746
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2018
Sold by
1485Ph Llc
Bought by
1485 5Th Phc Llc
Current Estimated Value
$4,502,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,620,000
Outstanding Balance
$3,972,199
Interest Rate
4.43%
Mortgage Type
Unknown
Estimated Equity
$592,227

Purchase Details

Closed on
Oct 11, 2012
Sold by
Fifth On The Park Condo Llc
Bought by
1485Ph Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
3.39%
Mortgage Type
Purchase Money Mortgage
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
1485 5Th Phc Llc $6,600,000 --
1485Ph Llc $3,054,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1485 5Th Phc Llc $4,620,000
Closed 1485 5Th Phc Llc $4,620,000
Previous Owner 1485Ph Llc $2,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2013 06/04/13 Rented -- -- --
05/05/2013 05/05/13 Under Contract -- -- --
01/03/2013 01/03/13 For Rent -- -- --
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 $542 $369,496 $19,925 $349,571
2024 $542 $347,550 $19,925 $327,625
2023 $532 $341,662 $19,925 $321,737
2022 $529 $340,504 $19,925 $320,579
2021 $532 $333,009 $19,925 $313,084
2020 $535 $360,650 $19,925 $340,725
2019 $547 $346,097 $19,925 $326,172
2018 $552 $336,547 $19,925 $316,622
2017 $552 $259,236 $19,926 $239,310
2016 $559 $246,499 $19,925 $226,574
2015 $437 $244,035 $19,925 $224,110
2014 $437 $220,341 $19,925 $200,416
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10152022

Real Estate Board of New York (REBNY)

APN: 1746-1159