NOT LISTED FOR SALE

Estimated Value: $1,100,199 - $1,900,000

1 Bed
1 Bath
869 Sq Ft
1910 Built

Sale Details

Date Sold: July 1, 2016

Last sale price $1,177,000 $1,354 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $8,228 / mo

61 Days on Market

About This Home

As of July 2016

Rarely available, spectacular, extra-large 1 Bedroom 1 Bathroom with room for a home office in the much coveted Rialto Condominium.

Be greeted by sun in this gorgeous, south facing apartment with floor to ceilings windows and loft like 12' ceilings. It has An open kitchen, with top of the line Miele appliances and custom cabinetry, gorgeous wide plank oak floors and Miele W/D included. The bedroom is oversized with space for extra storage.

The Rialto is a beautifully designed condominium building with 4 large roof decks with views of Manhattan, a tranquil garden area, virtual doorman, common bike storage and 15 year tax abatement (9 years left). Located only 2 blocks from Bedford stop on the L, this is apartment has it all..Special Assessment of $154/Month for next 22 Months

Last Agent to Sell the Property

Daniel Fried

Douglas Elliman Real Estate License #40FR1173322 Listed on: 03/30/2016

Douglas Elliman Real Estate

Co-Listed By

Jessica Peters

Douglas Elliman Real Estate License #10301209015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $948

Year Built

  • Built in 1910

HOA Fees

  • $385 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 2nd floor

Interior Spaces

  • 869 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling

Community Details

  • The Rialto Condos
  • Williams Subdivision

Listing and Financial Details

  • Tax Block 2344

Property Details

Home Type

Condominium

Est. Annual Taxes

$948

Year Built

Built in 1910

Lot Details

0 Sq Ft Lot

HOA Fees

$385 per month

Listing Details

  • Cross Street: BEDFORD AVENUE and DRIGGS AVENUE
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: WILLIAMS
  • Architectural Style: Prewar
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 869.0
  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Integer: 1
  • Bedrooms: 1

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 385.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: THE RIALTO
  • Total Stories: 4
  • Year Built: 1910

Tax Info

  • Tax Block: 2344
  • Tax Annual: 948.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2016
Closed on
Jun 21, 2016
Sold by
Erickson Kelley A
Bought by
Ehrlich Alexander E
Seller's Agent
Daniel Fried
Douglas Elliman Real Estate
List Price
$1,150,000
Sold Price
$1,177,000
Premium/Discount to List
$27,000
2.35%
Current Estimated Value
$1,355,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,550
Avg. Annual Appreciation
1.45%
Original Mortgage
$722,000
Outstanding Balance
$575,939
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$779,611

Purchase Details

Closed on
Aug 7, 2009
Sold by
150 North Fifth Street Llc
Bought by
Erickson Kelley A and Rasmovicz William J
Source: Public Records
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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
Ehrlich Alexander E $1,177,000 --
Erickson Kelley A $645,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ehrlich Alexander E $722,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2016 07/01/16 Sold $1,177,000 +2.3% $1,354 / Sq Ft
06/01/2016 06/01/16 Pending -- -- --
03/31/2016 03/31/16 For Sale $1,150,000 -- $1,323 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $7,889 $89,427 $1,654 $87,773
2024 $7,889 $86,137 $1,654 $84,483
2023 $5,931 $79,664 $1,654 $78,010
2022 $4,071 $73,283 $1,654 $71,629
2021 $2,332 $68,629 $1,654 $66,975
2020 $398 $78,410 $1,654 $76,756
2019 $833 $80,946 $1,654 $79,292
2018 $840 $72,456 $1,654 $70,802
2017 $840 $55,467 $1,654 $53,813
2016 $852 $55,313 $1,655 $53,658
2015 $666 $43,741 $1,654 $42,087
2014 $666 $38,323 $1,654 $36,669
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10073285

Real Estate Board of New York (REBNY)

APN: 02344-1122

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