NOT LISTED FOR SALE

Estimated Value: $1,825,000 - $2,191,000

1 Bed
2 Baths
-- Sq Ft
$2,028/mo HOA Fee

Last Sold August 17, 2023

Last sale price $1,750,000

Est. 14% increase in value since last sale

Current estimated payment $14,852/month

9 Days on Market

Highlights

  • Pre War Building
  • 3-minute walk to 28 Street (4,6 Line)
  • 3-minute walk to Madison Square Park
  • P.S. 116 Mary Lindley Murray Rated A-

About This Home

As of August 2023

Loft Living on Madison Square Park

Situated in the heart of prized Madison Square Park, this rarely available, oversized one bedroom/2 bathroom sprawling luxury loft condominium offers a timeless level of sophistication only associated with 15 Madison Square North. Residence 10D has nearly 1,200 sf with 12-foot ceilings, oversized windows, and a true loft feeling with a modern elegance.

Arrive into a spacious entry foyer that leads into the spacious living/dining space featuring a desirable open kitchen layout. The kitchen is designed by Italian designer Arclinea with top of the line appliances, including a Sub-Zero refrigerator/freezer, Viking range, and Miele convection oven, Miele dishwasher, and loads of storage space. White marble and quartz counter tops further complement the space, along with an over-the-stove pot filler and under-counter Sub-Zero wine refrigerator.

The sun-kissed & oversized primary bedroom suite includes a fully custom walk-in closet. Both spa level bathrooms are finished with Waterworks fixtures, marble, and Ann Sacks custom tiles. The primary bath includes a Cambridge soaking tub and enclosed glass walk-in shower.

This home has Brazilian walnut floors thought out, wonderful closet space with 3 large closets and including a large closet with a washer/dryer that vents out. Additional features are a dedicated storage unit and a wine cellar.

Fifteen Madison Square Park is a renovated historic neoclassical building located on the North side of Madison Square Park. Converted to condominiums in 2008, 15 MSP includes a full suite of on-site amenities such as a 2,300-square-foot fitness center, a children's playroom, and a stunning rooftop terrace with sweeping skyline views. Located in the center of Manhattan, you have Madison Square Park, Eataly, Whole Foods, an array of world-class restaurants right outside. Easy public transportation with nearby N/R and 6 trains.

Last Agent to Sell the Property

Aaron Meridy

Brown Harris Stevens Residential Sales LLC License #10401263950 Listed on: 04/25/2023

Brown Harris Stevens Residential Sales LLC

Co-Listed By

Abigail Goldfrey

Coldwell Banker Warburg License #10401346461

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $24,672

Year Built

  • Built in 1912

HOA Fees

  • $2,028 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 10th floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Community Details

  • 69 Units
  • 15 Madison Square N Condos
  • Flatiron Subdivision
  • 20-Story Property

Listing and Financial Details

  • Tax Block 00856

Property Details

Home Type

Condominium

Est. Annual Taxes

$24,672

Year Built

Built in 1912

Lot Details

0

HOA Fees

$2,028 per month

Listing Details

  • Cross Street: 5 AVENUE and MADISON AVENUE
  • Exposures: East,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Flatiron
  • Architectural Style: Prewar
  • Entry Level: 10
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 20

Interior Features

  • Rooms (Total): 3

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 1

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2028.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: 15 Madison Square N
  • Units: 69
  • Total Stories: 20
  • Year Built: 1912

Tax Info

  • Tax Block: 00856
  • Tax Annual: 24672.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2023
Closed on
Jun 22, 2023
Sold by
15E26th Street Llc
Bought by
Politan Nicholas H and Politan Robin P
Seller's Agent
Aaron Meridy
Brown Harris Stevens Residential Sales LLC
List Price
$1,750,000
Sold Price
$1,750,000
Views
34
Current Estimated Value
$1,994,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,924
Avg. Annual Appreciation
6.37%
Original Mortgage
$1,556,827
Outstanding Balance
$1,515,197
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$479,727

Purchase Details

Closed on
Oct 1, 2021
Sold by
Goldberg Lori
Bought by
15E26th Street Llc

Purchase Details

Closed on
Oct 28, 2008
Sold by
Madison Park Owner Llc
Bought by
Goldberg Lori
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
Politan Nicholas H $1,730,000 --
15E26th Street Llc $1,817,500 --
Goldberg Lori $1,025,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Politan Nicholas H $1,556,827
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2023 11/12/23 Off Market $1,750,000 -- --
08/17/2023 08/17/23 Sold $1,750,000 0.0% --
05/05/2023 05/05/23 Pending -- -- --
04/25/2023 04/25/23 For Sale $1,750,000 0.0% --
07/06/2016 07/06/16 Rented -- -- --
06/06/2016 06/06/16 Under Contract -- -- --
04/26/2016 04/26/16 For Rent $7,395 -- --
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 $26,473 $208,074 $60,297 $147,777
2024 $26,473 $211,748 $60,297 $151,451
2023 $26,753 $213,988 $60,297 $153,691
2022 $26,643 $223,011 $60,297 $162,714
2021 $25,627 $208,912 $60,297 $148,615
2020 $21,250 $231,229 $60,297 $170,932
2019 $18,009 $231,506 $60,297 $171,209
2018 $23,275 $223,419 $60,297 $163,122
2017 $21,441 $194,072 $60,297 $133,775
2016 $20,418 $181,576 $60,297 $121,279
2015 $13,179 $169,403 $60,297 $109,106
2014 $13,179 $158,156 $60,297 $97,859
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10879358

Real Estate Board of New York (REBNY)

APN: 0856-1337