NOT LISTED FOR SALE

Estimated Value: $5,091,000 - $7,738,000

3 Beds
3.5 Baths
3,236 Sq Ft
$5,260/mo HOA Fee

Last Sold January 25, 2023

Last sale price $7,300,000 $2,256 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $47,393/month

188 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 2023

Spectacular views over Madison Square Park! Move right into this bright and cheerful corner 3 bedroom + internal 4th is available in the highly desirable 15 Madison Square North a full service Condominium.

Enter into a generous entry foyer where you are immediately struck by the grand proportions of this home. The corner living/dining is ideally suited for entertaining with 6 oversized windows facing east and south overlooking Madison Square Park and the southern city skyline. With soaring 11'8' ceilings, this oversized great room is open and airy with multiple areas for lounging, entertaining, and/or dining. The adjacent open chef's kitchen is outfitted with top-of-the-line stainless steel appliances, a vented hood, marble countertops and backsplash, a plethora of storage and a large peninsula offering informal seating for 4. An elegant powder room for guests is conveniently located on this side of the apartment.

The primary bedroom suite is separate from the other bedrooms providing additional privacy. This room has north and east exposures, two elegantly outfitted walk-in closets, and an impeccably appointed en-suite primary bath. The 5-fixture primary bath is clad in white marble, has a long vanity with dual sinks, two large windows, an abundance of storage, an oversized windowed shower, a soaking tub and a separate water closet. This spa-like bathroom also features motorized shades, heated floors and a TV.

On the opposite side of the apartment are two east facing bedrooms, the internal 4th room -den/playroom/office, two well-appointed bathrooms with Waterworks fixtures and a separate laundry room (w/d and sink). All rooms are generously sized with oversized windows and spacious built out closets.

The apartment has central AC, Lutron lighting, motorized sun and black out shades, built-in speakers and incredible storage space throughout with custom California Closets all with lights. Private Storage and Wine Storage convey with the apartment.

15 Madison Square North is an elegant pre-war neoclassical building built in 1912 and converted to condos in 2008. Offering premier white glove service to its residents with a doorman, concierge and full time super. Amenities include a beautifully landscaped rooftop terrace, a 2-story gym, wine storage and tasting room, a children's playroom and a bike room. The building is pet friendly! Perfectly situated at the top of Madison Square Park with playgrounds and dog run. This is one of the most desirable neighborhoods of Manhattan close to major transportation (6, N, R, W, M trains, the PATH + multiple bus lines), Eataly, the new Whole Foods and upscale shopping and dining options that the area is known for.

Real Estate Taxes listed are for a primary resident.

Last Agent to Sell the Property

Tracie Golding

Compass License #30GO0826856 Listed on: 05/08/2022

Compass

Co-Listed By

Peter Boehm

Compass License #10401237835

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $55,344

Year Built

  • Built in 1910

HOA Fees

  • $5,260 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 9th floor

Interior Spaces

  • 3,236 Sq Ft Home
  • New Windows
  • Entrance Foyer
  • City Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7503 / 856

Community Details

Overview

  • Nomad Subdivision
  • 20-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$55,344

Year Built

Built in 1910

Lot Details

0

HOA Fees

$5,260 per month

Listing Details

  • Cross Street: Madison Avenue/Fifth Avenue
  • Exposures: East,North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: NoMad
  • Architectural Style: Prewar
  • Entry Level: 9
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 20

Interior Features

  • Interior Features: Entrance Foyer
  • Appliances: Dryer, Washer
  • Living Area: 3236.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6
  • Window Features: New Windows

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 3

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Roof Deck

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 5260.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 20
  • Year Built: 1910

Tax Info

  • Tax Block: 856
  • Tax Lot: 7503
  • Tax Annual: 55344.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2022
Closed on
Jan 25, 2023
Sold by
15 Madison Ave Llc
Bought by
Kalish Geoffrey O and Sherman Kalish Michele
Seller's Agent
Tracie Golding
Compass
List Price
$7,995,000
Sold Price
$7,300,000
Premium/Discount to List
-$695,000
-8.69%
Current Estimated Value
$6,795,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$504,602
Avg. Annual Appreciation
-2.62%
Original Mortgage
$5,840,000
Outstanding Balance
$5,656,100
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,139,298

Purchase Details

Closed on
Dec 10, 2008
Sold by
Madison Park Owner Llc
Bought by
15 Madison Ave Llc
Source: Public Records

Range of Values:

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Average Value
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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
Kalish Geoffrey O $7,300,000 --
15 Madison Ave Llc $4,577,150 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kalish Geoffrey O $5,840,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2023 01/25/23 Sold $7,300,000 -1.4% $2,256 / Sq Ft
11/21/2022 11/21/22 Price Changed $7,400,000 +1.4% $2,287 / Sq Ft
11/14/2022 11/14/22 Pending -- -- --
08/26/2022 08/26/22 Off Market $7,300,000 -- --
05/09/2022 05/09/22 Price Changed $7,995,000 0.0% $2,471 / Sq Ft
05/09/2022 05/09/22 For Sale $7,995,000 +9.5% $2,471 / Sq Ft
04/18/2021 04/18/21 Off Market $7,300,000 -- --
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 $71,563 $562,483 $162,999 $399,484
2024 $71,563 $572,413 $162,999 $409,414
2023 $69,603 $578,466 $162,999 $415,467
2022 $72,022 $602,856 $162,999 $439,857
2021 $69,277 $564,742 $162,999 $401,743
2020 $69,628 $625,071 $162,999 $462,072
2019 $68,184 $625,819 $162,999 $462,820
2018 $63,719 $603,958 $162,999 $440,959
2017 $58,552 $524,625 $162,998 $361,627
2016 $56,017 $490,846 $162,998 $327,848
2015 $24,145 $457,940 $162,999 $294,941
2014 $24,145 $427,536 $162,999 $264,537
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10835184

Real Estate Board of New York (REBNY)

APN: 0856-1313