$1,600,000
SOLD OCT 11, 2019
3 Beds
2 Baths
1,225 Sq Ft
$1,860/mo HOA Fee

Recently Sold

$1,306 Per Sq Ft

176 Days on Market

Highlights

  • Rooftop Deck
  • 1-minute walk to 86 Street (4,5,6 Line)
  • Entrance Foyer
  • P.S. 290 Manhattan New School Rated A
  • City View
  • Central Air

About This Home

As of October 2019

Enviously situated in the heart of the Upper East Side, this 3-Bedroom, 2-Bathroom, full-service luxury condominium is the home you?ve been looking for! Perched high above 85th Street and Lexington, this gorgeous residence is the perfect combination of functionality and comfort. As you enter, the foyer opens to an expansive living room with rich, cherry floors, a dining alcove, and an open renovated kitchen. Sunlight saturates the flawless space through oversized, Eastern-facing windows that offer vast, open views of the city.

The airy living room, complete with elegant and impressive custom built-ins and recessed lighting--is perfect for entertaining, hosting family and friends or relaxing with your favorite book. The thoughtfully designed, open kitchen features chic and ample custom cabinetry, quartz counters, white subway tile backsplash, a breakfast bar, and stainless steel appliances.

Privately tucked behind the kitchen is a sizable 3rd bedroom. On the opposite side of the apartment is the gracious master suite, complete with full walk-in closet and ensuite bath. The spacious second bedroom also features Eastern-facing windows that offer stunning city views. With two full baths, custom built-ins, ample closets, customized lighting, and a fantastic layout--this is an opportunity not to be missed!

Ideally located, blocks from Central Park, and minutes from The Guggenheim and Neue Galerie, high-end shopping and world-class restaurants, 150 East 85th Street is a coveted luxury Condo that features a full-time doorman, resident manager, friendly staff, roofdeck terrace, onsite gym, on-floor laundry, and storage bins. This is Upper East Side living at its finest!

Last Agent to Sell the Property

Scott Hustis

Compass License #10301201323 Listed on: 02/23/2019

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,332

Year Built

  • Built in 1986

HOA Fees

  • $1,860 Monthly HOA Fees

Interior Spaces

  • 1,225 Sq Ft Home
  • Entrance Foyer
  • City Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • East Facing Home
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7502 / 1513

Community Details

Overview

  • Upper East Side Subdivision
  • 15-Story Property

Amenities

  • Rooftop Deck
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,332

Year Built

Built in 1986

Lot Details

0

HOA Fees

$1,860 per month

Listing Details

  • Cross Street: Lexington Avenue/Third Avenue
  • Exposures: East
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Upper East Side
  • Entry Level: 13
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 15

Interior Features

  • Interior Features: Dining Area, Entrance Foyer
  • Living Area: 1225.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 3

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common On Floor, Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1860.0
  • 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: 15
  • Year Built: 1986

Tax Info

  • Tax Block: 1513
  • Tax Lot: 7502
  • Tax Annual: 16332.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2019
Closed on
Oct 11, 2019
Sold by
Sherer Alex and Sherer Barbara A
Bought by
150E85 13D Llc
Seller's Agent
Scott Hustis
Compass
List Price
$1,600,000
Sold Price
$1,600,000
Current Estimated Value
$1,592,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,503
Avg. Annual Appreciation
0.27%
Original Mortgage
$1,120,000
Outstanding Balance
$991,920
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$632,559

Purchase Details

Closed on
Mar 9, 2004
Sold by
Stellar Capital 85 Llc
Bought by
Sherer Alex and Sherer Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.58%
Mortgage Type
Purchase Money Mortgage
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 $1,600,000 --
Deed $809,509 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,120,000 Purchase Money Mortgage
Previous Owner $150,000 No Value Available
Previous Owner $55,694 No Value Available
Previous Owner $8,705 No Value Available
Previous Owner $150,000 No Value Available
Previous Owner $600,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2020 10/06/20 Rented -- -- --
10/11/2019 10/11/19 Sold $1,600,000 0.0% $1,306 / Sq Ft
08/19/2019 08/19/19 Pending -- -- --
02/23/2019 02/23/19 For Sale $1,600,000 0.0% $1,306 / Sq Ft
08/01/2001 08/01/01 For Rent $6,200 -- --
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
2024 $12,880 $103,022 $43,086 $59,936
2023 $20,168 $164,409 $43,086 $121,323
2022 $19,620 $161,354 $43,086 $118,268
2021 $18,597 $151,600 $43,086 $108,514
2020 $16,847 $169,782 $43,086 $126,696
2019 $16,339 $162,366 $43,086 $119,280
2018 $18,999 $156,691 $43,086 $113,605
2017 $18,477 $153,939 $43,086 $110,853
2016 $18,001 $161,953 $43,086 $118,867
2015 $10,182 $162,801 $43,086 $119,715
2014 $10,182 $145,561 $43,086 $102,475
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10564872

Real Estate Board of New York (REBNY)

APN: 1513-1399