NOT LISTED FOR SALE

Estimated Value: $4,128,000 - $5,103,000

3 Beds
3.5 Baths
2,400 Sq Ft
$3,379/mo HOA Fee

Last Sold January 23, 2018

Last sale price $4,750,000 $1,979 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $33,106/month

438 Days on Market

Highlights

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

About This Home

As of January 2018

Situated right on Madison Park, this full service, sprawling loft condominium offers timeless elegance coupled with generous space. The chic 3 bedroom, 3.5 bathroom property has a bonus room that can serve as an office or playroom. Ceiling heights are in excess of 12ft and are complimented by generous, deep-set windows that allow light to stream into the apartment. A spacious foyer leads into a magnificent living/dining room with majestic views of the Empire State and Chrysler buildings. All three bedrooms are large and quiet, with abundant closet space. The Master bedroom features a sizable walk-in closet and both additional bedrooms are split layout for privacy. The spa-like bathrooms have Waterworks fixtures with marble and Ann Sacks custom tiles. The master bath includes a Cambridge soaking tub and an oversized walk-in shower. The kitchen 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 and dual-zone wine storage. Additionally, the apartment is outfitted with a washer/dryer system that vents out of the apartment. The apartment comes with a deeded storage room and 100-bottle wine cellar. Amenities include a state-of-the-art gym, roof deck and playroom.

Last Agent to Sell the Property

Deborah Grubman

Corcoran Group License #30GR0710144 Listed on: 10/11/2016

Corcoran Group

Co-Listed By

David Adler

Corcoran Group License #10301216838

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $43,368

Year Built

  • Built in 1912

HOA Fees

  • $3,379 Monthly HOA Fees

Home Design

  • Pre War Building

Interior Spaces

  • 2,400 Sq Ft Home
  • City Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air

Listing and Financial Details

  • Tax Block 856

Community Details

Overview

  • 70 Units
  • 15 Madison Square North Condos
  • Flatiron Subdivision

Amenities

  • Rooftop Deck
  • Building Terrace
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$43,368

Year Built

Built in 1912

Lot Details

0

HOA Fees

$3,379 per month

Listing Details

  • Cross Street: Madison Avenue & Fifth Avenue
  • Exposures: North,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Flatiron
  • Architectural Style: Prewar
  • Entry Level: 17
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Living Area: 2400.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 3

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 3379.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: 15 Madison Square North
  • Units: 70
  • Year Built: 1912

Tax Info

  • Tax Block: 856
  • Tax Annual: 43368.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2016
Closed on
Jan 23, 2018
Sold by
Norton-Kidd Gregory J and Vaux Louise J
Bought by
Madison Square North Llc
Seller's Agent
Deborah Grubman
Corcoran Group
List Price
$4,999,999
Sold Price
$4,750,000
Premium/Discount to List
-$249,999
-5%
Current Estimated Value
$4,593,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$156,651
Avg. Annual Appreciation
-0.30%

Purchase Details

Closed on
Jan 8, 2009
Sold by
Madison Park Owner Llc
Bought by
Norton-Kidd Gregory J and Vaux Louise J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.51%
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
Madison Square North Llc $4,405,000 --
Norton-Kidd Gregory J $3,150,000 --
Norton-Kidd Gregory J $3,150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Norton-Kidd Greg $500,000
Previous Owner Norton-Kidd Greg $500,000
Previous Owner Norton-Kidd Gregory J $30,000
Previous Owner Norton-Kidd Gregory J $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2018 01/23/18 Sold $4,750,000 -5.0% $1,979 / Sq Ft
12/24/2017 12/24/17 Pending -- -- --
10/11/2016 10/11/16 For Sale $4,999,999 -- $2,083 / 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 $52,301 $411,085 $119,126 $291,959
2024 $52,301 $418,341 $119,126 $299,215
2023 $49,876 $422,766 $119,126 $303,640
2022 $52,637 $440,591 $119,126 $321,465
2021 $50,630 $412,736 $119,126 $293,610
2020 $50,887 $456,827 $119,126 $337,701
2019 $49,832 $457,373 $119,126 $338,247
2018 $46,568 $441,396 $119,126 $322,270
2017 $42,792 $383,417 $119,126 $264,291
2016 $40,940 $358,730 $119,126 $239,604
2015 $17,646 $334,680 $119,125 $215,555
2014 $17,646 $312,460 $119,126 $193,334
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10031924

Real Estate Board of New York (REBNY)

APN: 0856-1356