$865,000
SOLD NOV 4, 2024
1 Bed
1 Bath
650 Sq Ft
$1,196/mo HOA Fee

Recently Sold

$1,331 Per Sq Ft

101 Days on Market

Highlights

  • Full Time Doorman
  • 3-minute walk to 33 Street (4,6 Line)
  • Bathroom is in excellent condition
  • P.S. 116 Mary Lindley Murray Rated A-
  • River View
  • Kitchen is in excellent condition

About This Home

As of November 2024

Presenting this magnificent 1-bedroom, 1-bathroom haven nestled within a prestigious Kips Bay luxury building. Bathed in natural light from its southern exposure, this spacious sanctuary offers unparalleled city views and timeless elegance.

Step into the updated, fully renovated living space adorned with pristine porcelain floors throughout. The kitchen, a culinary masterpiece, features luxurious marble countertops, a new Bosch stove, and a suite of modern appliances, including a Fisher and Paykel fridge. A kitchen island provides ample space for meal preparation and casual dining.

The bedroom exudes tranquility and sophistication, boasting a custom-built walk-in closet. The stylish full bathroom, conveniently located outside the bedroom, is adorned with new glass shower fixtures.

Enhanced by new recessed lights, new door knobs, and new AC boxes throughout the apartment, every detail has been meticulously crafted for comfort and convenience.

Residents of the L'Isola Condominium indulge in a wealth of amenities, including a full-time doorman, a free gym with sauna, and a landscaped garden with barbecue facilities. Additional perks include a laundry room for added convenience.

Nestled just one block from the subway, this prime Kips Bay location offers a serene retreat amidst the bustling city. Whether you seek relaxation or adventure, this apartment serves as the perfect oasis in the heart of it all.

Current LL11 assessment in place until November 2024

PRIMARY RESIDENTS QUALIFY FOR THE CONDO/CO-OP TAX ABATEMENT

Last Agent to Sell the Property

Kayla Lee

Serhant License #10301221090 Listed on: 05/09/2024

Serhant

Co-Listed By

Hyunho (Nico) Lee

Serhant License #10401337659

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,405

Year Built

  • Built in 1988

HOA Fees

  • $1,196 Monthly HOA Fees

Property Views

  • River

Home Design

  • 650 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathroom is in excellent condition
  • 1 Full Bathroom

Additional Features

  • Kitchen is in excellent condition
  • Smoke Free Home
  • South Facing Home
  • No Cooling

Listing and Financial Details

  • Tax Block 01824

Community Details

Overview

  • 79 Units
  • 2 Elevators
  • High-Rise Condominium
  • L'isola Condos
  • Kips Bay Subdivision
  • 22-Story Property

Amenities

  • Full Time Doorman
  • Courtyard

Pet Policy

  • No Pets Allowed In Building

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,405

Year Built

Built in 1988

Lot Details

0

HOA Fees

$1,196 per month

Listing Details

  • Exposures: South
  • SponsorUnitYN: No
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Kips Bay
  • Entry Level: 12
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • BuildingPetsAllowed: BuildingNo
  • GarageSpacesAssignedYN: No
  • BuildingSmokeFreeYN: Yes
  • GreenBuildingYN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 22

Interior Features

  • Fireplace: No
  • Living Area: 650.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other
  • Kitchen Condition: Excellent
  • Floor Number: 12

Beds/Baths

  • Bathroom Condition: Excellent
  • Bathrooms Total: 1.0
  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • View: City, Panoramic, River, Skyline
  • View: Yes
  • Exterior Features: None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Other
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1196.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • New Development: No
  • Building Name: L'ISOLA
  • Elevators: 2
  • Landmark Status: No
  • Units: 79
  • Total Stories: 22
  • Year Built: 1988
  • Lobby Attendance Type: DoormanFullTime
  • Building Laundry Features: Other
  • Building Exterior Features: Courtyard

Rental Info

  • Land Lease: No

Tax Info

  • Tax Abatement: No
  • Tax Block: 01824
  • Tax Lot: 0000
  • Building Tax Lot: 0016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Nov 4, 2024
Sold by
Jessie L Lee Revocable Trust U/T/D 1 and Jessie L Lee As Trustee
Bought by
Sukwoon Lee David
Seller's Agent
Kayla Lee
Serhant
List Price
$865,000
Sold Price
$865,000
Views
4
Current Estimated Value
$852,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,296
Avg. Annual Appreciation
5.29%
Original Mortgage
$615,000
Outstanding Balance
$610,715
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$291,181

Purchase Details

Closed on
Nov 14, 2022
Sold by
Cheng Kong Sing and Cheng Michael
Bought by
Cheng Kong Sing and Jessie L Lee Revocable Trust U/T/D 1

Purchase Details

Closed on
Jul 2, 2013
Sold by
Yan Xiaoming and Zhou Lulu
Bought by
Cheng Kong Sing and Cheng Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2006
Sold by
Nowak Elzbieta and Nowak Ignacy
Bought by
Yan Xiaoming and Zhou Lulu

Purchase Details

Closed on
Jun 15, 1998
Sold by
Moya Steven A
Bought by
Nowak Ignacy and Nowak Elzbieta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,600
Interest Rate
6.94%

Purchase Details

Closed on
Jun 26, 1997
Sold by
Drourr Stephen and Drourr Elvira
Bought by
Moya Steven A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
7.5%
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 Type Sale Price Title Company
Interfamily Deed Transfer $865,000 --
Deed -- --
Deed -- --
Deed $710,000 --
Deed $710,000 --
Deed $588,000 --
Deed $588,000 --
Deed $252,000 Title Associates Inc
Deed $252,000 Title Associates Inc
Deed $220,000 Ticor Title Guarantee Compan
Deed $220,000 Ticor Title Guarantee Compan
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $615,000 Purchase Money Mortgage
Previous Owner $417,000 New Conventional
Previous Owner $201,600 No Value Available
Previous Owner $176,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2024 11/04/24 Sold $865,000 0.0% $1,331 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $865,000 0.0% $1,331 / Sq Ft
06/19/2019 06/19/19 For Rent $3,400 -- --
06/19/2019 06/19/19 Rented -- -- --
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 $14,405 $116,102 $20,283 $95,819
2024 $14,405 $115,225 $20,283 $94,942
2023 $13,803 $112,519 $20,283 $92,236
2022 $13,382 $114,992 $20,283 $94,709
2021 $13,068 $111,045 $20,283 $90,762
2020 $10,921 $122,943 $20,283 $102,660
2019 $10,715 $120,181 $20,283 $99,898
2018 $12,303 $101,464 $20,283 $81,181
2017 $11,880 $100,751 $20,282 $80,469
2016 $11,542 $98,340 $20,283 $78,057
2015 $6,074 $98,100 $20,283 $77,817
2014 $6,074 $92,372 $20,283 $72,089
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10956862

Real Estate Board of New York (REBNY)

APN: 0888-1045