$2,900,000
SOLD MAR 22, 2022
3 Beds
3 Baths
2,322 Sq Ft
$1,884/mo HOA Fee

Recently Sold

$1,249 Per Sq Ft

11% Below List Price

7 Days on Market

Highlights

  • Pre War Building
  • 4-minute walk to 23 Street (N,R Line)
  • 4-minute walk to Chelsea Green
  • P.S. 11 Sarah J. Garnet School Rated A

About This Home

As of March 2022

Enjoy luxury loft living in the perfect Flatiron District location in this flawless three-bedroom, three-bathroom condominium right off Fifth Avenue.



Arrive via key-locked elevator to find fantastic light, soaring 10-foot ceilings and gorgeous wide-plank hardwood floors in this sprawling 2,322-square-foot loft home. The expansive great room stretches nearly 28 feet wide and features five oversized south-facing windows making it the perfect destination for gracious entertaining and elegant relaxation. Sleek Valcucine of Italy cabinetry, stone countertops and glass tile set a chic tone in the nearby open kitchen while aluminum-faced appliances by Sub-Zero and Miele - including a wine cooler, coffee system and warming drawers - plus a convenient pot filler and wraparound breakfast counter add coveted convenience.



Bedrooms are tucked down a quiet hallway for the utmost privacy. The serene master suite is lined in northern and western exposures creating a light-filled oasis with a roomy walk-in custom closet and a spa-like en suite bathroom featuring Dornbracht fittings, radiant heated floors, a dual-sink vanity, soaking tub, separate glass shower and flat-screen TV, all surrounded by gorgeous imported stone. Another bathroom suite sits nearby and a third bedroom is situated near the home's third, well-appointed full bathroom. Abundant creature comforts making daily living a joy in this designer loft, including customized recessed lighting, dual-zone central air-conditioning, abundant custom closet space and a laundry room with side by side washer-dryer.



Altair 20 features modern loft residences and top-notch amenities in the bones of a classic neo-renaissance store-and-loft building in the heart of the Ladies Mile Historic District. The pet-friendly elevator building offers part-time doorman service and a live-in superintendent, La Palestra fitness center, residents' storage and a lovely landscaped roof deck with cabanas and grilling. Located in the Flatiron District with direct proximity to Chelsea, NoMad, Union Square and Gramercy Park, you're at the epicenter of vibrant Manhattan living. The culinary delights of Eataly, Trader Joe's, Whole Foods and Eleven Madison Park are within easy reach, and Madison Square Park and Union Square offer superb outdoor space plus a year-round calendar of events and greenmarkets. Access to transportation is excellent with N/R/W, F/M, 6, 1 and PATH trains all nearby.

Last Agent to Sell the Property

Claudia Saez-Fromm

Douglas Elliman Real Estate License #40SA0935522 Listed on: 08/16/2021

Douglas Elliman Real Estate

Co-Listed By

Mark Fromm

Douglas Elliman Real Estate License #10301208308

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $37,272

Year Built

  • Built in 1906

HOA Fees

  • $1,884 Monthly HOA Fees

Home Design

  • 2,322 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Community Details

  • 17 Units
  • Altair 20 Condos
  • Downtown Subdivision
  • 11-Story Property

Property Details

Home Type

Condominium

Est. Annual Taxes

$37,272

Year Built

Built in 1906

Lot Details

0

HOA Fees

$1,884 per month

Listing Details

  • Cross Street: 5 AVENUE and AVENUE OF THE AMERICAS
  • Exposures: North,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Downtown
  • Architectural Style: Prewar
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 11

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 2322.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 3

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1884.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: ALTAIR 20
  • Units: 17
  • Total Stories: 11
  • Year Built: 1906

Tax Info

  • Tax Block: NA
  • Tax Annual: 37272.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2021
Closed on
Mar 22, 2022
Sold by
Jgft Llc
Bought by
Casper Daniel Raymond
Seller's Agent
Claudia Saez-Fromm
Douglas Elliman Real Estate
List Price
$3,250,000
Sold Price
$2,900,000
Premium/Discount to List
-$350,000
-10.77%
Current Estimated Value
$2,672,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$227,811
Avg. Annual Appreciation
1.04%
Original Mortgage
$2,320,000
Outstanding Balance
$2,184,598
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$817,072

Purchase Details

Listed on
Apr 10, 2012
Closed on
Aug 2, 2012
Sold by
Berg Kevin and Simon Carrie
Bought by
Jgft Llc
Seller's Agent
Toni Asch
Douglas Elliman Real Estate
List Price
$2,825,000
Sold Price
$2,665,800
Premium/Discount to List
-$159,200
-5.64%

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
Jul 18, 2007
Sold by
Crp/Extell 20Th Street Llc
Bought by
Berg Kevin and Simon Carrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.73%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $2,900,000 --
Deed $2,665,800 --
Deed $2,545,625 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,320,000 Purchase Money Mortgage
Previous Owner $800,000 No Value Available
Previous Owner $1,500,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2022 03/22/22 Sold $2,900,000 -10.8% $1,249 / Sq Ft
01/18/2022 01/18/22 For Sale $3,250,000 +1.6% $1,400 / Sq Ft
07/06/2020 07/06/20 Sold $3,200,000 0.0% $1,378 / Sq Ft
07/06/2020 07/06/20 Rented -- -- --
06/06/2020 06/06/20 Pending -- -- --
06/06/2020 06/06/20 Under Contract -- -- --
05/27/2020 05/27/20 For Sale $3,200,000 0.0% $1,378 / Sq Ft
04/16/2020 04/16/20 For Rent $11,800 0.0% --
08/02/2012 08/02/12 Sold $2,665,800 -5.6% $1,148 / Sq Ft
07/04/2012 07/04/12 Pending -- -- --
04/10/2012 04/10/12 For Sale $2,825,000 -- $1,217 / 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 $37,184 $309,916 $39,081 $270,835
2024 $37,184 $297,425 $39,081 $258,344
2023 $37,504 $305,727 $39,081 $266,646
2022 $36,970 $302,166 $39,081 $263,085
2021 $37,274 $303,852 $39,081 $264,771
2020 $37,605 $336,560 $39,081 $297,479
2019 $36,946 $328,985 $39,081 $289,904
2018 $36,229 $317,483 $39,081 $278,402
2017 $34,198 $301,507 $39,081 $262,426
2016 $32,838 $288,512 $39,081 $249,431
2015 $17,770 $263,889 $39,081 $224,808
2014 $17,770 $252,823 $39,081 $213,742
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10761673

Real Estate Board of New York (REBNY)

APN: 0822-1305