NOT LISTED FOR SALE

Estimated Value: $4,934,000 - $5,772,000

4 Beds
4 Baths
-- Sq Ft
$2,571/mo HOA Fee

Last Sold July 29, 2015

Last sale price $5,665,000

Est. 7% decrease in value since last sale

Current estimated payment $35,925/month

144 Days on Market

Highlights

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

About This Home

As of July 2015

Situated in the heart of the prized Madison Park, this sprawling luxury loft condominium offers timeless elegance, space, and location. This chic and generous sized 3 bedroom, 3.5 bathroom, plus home office/den is as inviting as it is grand. Ceiling heights are in excess of 11.5ft and are complimented by generous, deep set windows that provide impressive northern light and offer views of the iconic Empire State and Chrysler buildings.

One arrives into a spacious foyer that serves as a prelude to the expansive, impeccably designed living/dining space with substantial windows to compliment the room. All three bedrooms are very large with abundant closet space. The master bedroom en-suite offers a sizable walk-in closet ,and both additional bedrooms are split layout for privacy. The spa level bathrooms are appointed with Waterworks fixtures with marble and Ann Sacks custom tiles. The luxurious master bath also includes a Cambridge soaking tub and a generous glass enclosed walk-in shower. The open chefs kitchen is designed by Italian designer, "Arclinea", and offers top of the line appliances including Sub-zero, Viking and Miele. White quartz custom counter tops further compliment the space along with an over the stove pot filler, a warming drawer, a built in Miele espresso maker and a dual zone wine storage. Brazilian walnut floors throughout. Additionally, the apartment is outfitted with a washer/dryer that vents out and is wired for AV with in-wall Crestron Audio system. The apartment comes with a deeded storage room and 200-bottle wine cellar. There is an indefinite capital assessment in effect in the amount of $492 and a reserve assessment in the amount of $50.

Built in 1912, the neoclassical building was converted to a condominium and offers a full time door staff, a landscaped residence terrace, a 2 story gym, a children's playroom, a bike room and a concierge.

Last Agent to Sell the Property

Frances Katzen

Douglas Elliman Real Estate License #30KA1018951 Listed on: 02/03/2015

Douglas Elliman Real Estate

Co-Listed By

Karen Davidson

Compass License #10401229830

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $30,576

Year Built

  • Built in 1912 | Newly Remodeled

HOA Fees

  • $2,571 Monthly HOA Fees

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

  • No Cooling

Listing and Financial Details

  • Tax Block 856

Community Details

Overview

  • Fifteen Madison Square North Condos
  • Nomad Subdivision
  • 20-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$30,576

Year Built

Built in 1912 | Newly Remodeled

Lot Details

0

HOA Fees

$2,571 per month

Listing Details

  • Cross Street: Madison & Fifth Avenuess
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: NOMAD
  • Architectural Style: Prewar
  • Entry Level: 15
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 20

Interior Features

  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

  • Bathrooms Integer: 4
  • Bedrooms: 4

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2571.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Building Name: Fifteen Madison Square North
  • Total Stories: 20
  • Year Built: 1912

Tax Info

  • Tax Block: 856
  • Tax Annual: 30576.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2015
Closed on
Jul 16, 2015
Sold by
Sambur David B and Sambur Nicole L
Bought by
15F/15 Msn Llc
Seller's Agent
Frances Katzen
Douglas Elliman Real Estate
List Price
$5,875,000
Sold Price
$5,665,000
Premium/Discount to List
-$210,000
-3.57%
Current Estimated Value
$5,241,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$423,457
Avg. Annual Appreciation
-0.36%

Purchase Details

Closed on
Mar 26, 2010
Sold by
Madison Park Owner Llc
Bought by
Sambur David B and Sambur Nicole L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.97%
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
15F/15 Msn Llc $5,665,000 --
Sambur David B $2,886,739 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sambur David B $13,403
Previous Owner Sambur David B $25,713
Previous Owner Sambur David B $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2015 07/29/15 Sold $5,665,000 -3.6% --
06/29/2015 06/29/15 Pending -- -- --
02/04/2015 02/04/15 For Sale $5,875,000 -- --
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 $52,855 $415,439 $120,388 $295,051
2024 $52,855 $422,774 $120,388 $302,386
2023 $51,408 $427,245 $120,388 $306,857
2022 $53,194 $445,259 $120,388 $324,871
2021 $51,167 $417,109 $120,388 $296,721
2020 $51,426 $461,667 $120,388 $341,279
2019 $49,964 $462,219 $120,388 $341,831
2018 $47,062 $446,073 $120,388 $325,685
2017 $43,246 $387,480 $120,388 $267,092
2016 $41,374 $362,531 $120,388 $242,143
2015 $17,833 $338,227 $120,388 $217,839
2014 $17,833 $315,771 $120,388 $195,383
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10076002

Real Estate Board of New York (REBNY)

APN: 0856-1365