NOT LISTED FOR SALE

Estimated Value: $1,888,000 - $2,192,000

1 Bed
2 Baths
1,200 Sq Ft
$1,865/mo HOA Fee

Last Sold November 21, 2022

Last sale price $1,795,000 $1,496 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $15,050/month

127 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 November 2022

Loft Living on Madison Square Park at its finest.



Situated steps away from the prized Madison Square Park, this rarely available, oversized one bedroom/2 bathroom home offers a level of sophistication only associated with 15 Madison Square North. Residence 11D has nearly 1,200 sf with 12-foot ceilings, oversized windows, and a true loft feeling with a modern elegance.



Arrive into an entry foyer that leads into the 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, dishwasher, and loads of storage space. Custom white marble and quartz counter tops further complement the space, along with an over-the-stove pot filler and under-counter wine refrigerator. The marble countertop also can fit 2 barstools which make it a convenient place to eat aside from the dining area. The oversized primary bedroom suite includes a fully custom walk-in dressing area and custom closets. Both bathrooms are spa quality and are finished with Waterworks fixtures, custom marble, and Ann Sacks custom tiles. The primary bath includes a Cambridge soaking tub, linen closet and enclosed 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 right outside, and steps away from Eataly, Whole Foods, an array of world-class restaurants like 11 Madison Park. Coming soon to the neighborhood are the Ritz Carlton and Virgin Hotels. Easy public transportation with nearby N/R and 6 trains.



Monthly ongoing capital assessment and reserve assessment in the amount of $287.95. Please note taxes do reflect primary residence tax abatement.

Last Agent to Sell the Property

Richard Hottinger

Corcoran Group License #10301214388 Listed on: 05/25/2022

Corcoran Group

Co-Listed By

Adam Hernandez

Corcoran Group License #10401229679

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,560

Year Built

  • Built in 1912

HOA Fees

  • $1,865 Monthly HOA Fees

Home Design

  • 1,200 Sq Ft Home
  • Pre War Building
  • Entry on the 11th 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 75038

Property Details

Home Type

Condominium

Est. Annual Taxes

$25,560

Year Built

Built in 1912

Lot Details

0

HOA Fees

$1,865 per month

Listing Details

  • Cross Street: 5 AVENUE and MADISON AVENUE
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Flatiron
  • Architectural Style: Prewar
  • Entry Level: 11
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 20

Interior Features

  • Living Area: 1200.0
  • Living Area Units: Square Feet
  • 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: 1865.0
  • 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: 75038
  • Tax Annual: 25560.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2022
Closed on
Nov 21, 2022
Sold by
Ancapa Gmbh
Bought by
Blackstone Robin
Seller's Agent
Richard Hottinger
Corcoran Group
List Price
$1,850,000
Sold Price
$1,795,000
Premium/Discount to List
-$55,000
-2.97%
Views
1
Current Estimated Value
$2,062,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,599
Avg. Annual Appreciation
4.96%
Original Mortgage
$1,436,000
Outstanding Balance
$1,391,471
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$671,128

Purchase Details

Listed on
Oct 3, 2017
Closed on
Dec 13, 2017
Sold by
Bledin David
Bought by
Ancapa Gmbh
Seller's Agent
Karen Davidson
Compass
List Price
$1,895,000
Sold Price
$1,875,000
Premium/Discount to List
-$20,000
-1.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.88%

Purchase Details

Closed on
Dec 20, 2011
Sold by
Ackerson James C and Freisinger Kara
Bought by
Bledin David

Purchase Details

Closed on
Aug 5, 2008
Sold by
Madison Park Owner Llc
Bought by
Ackerson James C and Freisinger Kara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$443,000
Interest Rate
6.4%
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
Blackstone Robin $1,795,000 --
Ancapa Gmbh $1,875,000 --
Bledin David $1,510,000 --
Bledin David $1,510,000 --
Ackerson James C $1,075,000 --
Ackerson James C $1,075,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blackstone Robin $1,436,000
Previous Owner Ackerson James C $443,000
Previous Owner Ackerson James C $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/21/2022 11/21/22 Sold $1,795,000 0.0% $1,496 / Sq Ft
09/30/2022 09/30/22 Pending -- -- --
07/02/2022 07/02/22 Price Changed $1,795,000 -3.0% $1,496 / Sq Ft
05/25/2022 05/25/22 For Sale $1,850,000 -1.3% $1,542 / Sq Ft
12/18/2017 12/18/17 Sold $1,875,000 -1.1% $1,563 / Sq Ft View Prior Sale
11/18/2017 11/18/17 Pending -- -- --
10/08/2017 10/08/17 For Sale $1,895,000 -- $1,579 / 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 $26,473 $208,074 $60,297 $147,777
2024 $26,473 $211,748 $60,297 $151,451
2023 $21,242 $213,988 $60,297 $153,691
2022 $21,980 $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 $20,809 $231,506 $60,297 $171,209
2018 $23,571 $223,419 $60,297 $163,122
2017 $21,660 $194,072 $60,297 $133,775
2016 $20,722 $181,576 $60,297 $121,279
2015 $13,397 $169,403 $60,297 $109,106
2014 $13,397 $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: RLS10809951

Real Estate Board of New York (REBNY)

APN: 0856-1338