NOT LISTED FOR SALE

Estimated Value: $1,534,000 - $45,909,964

7 Beds
11 Baths
12,111 Sq Ft
$1,959/Sq Ft Est. Value

Last Sold February 28, 2018

Last sale price $39,000,000 $3,220 Per Sq Ft

Est. 39% decrease in value since last sale

Current estimated payment $150,234/month

221 Days on Market

Highlights

  • Pre War Building
  • 4-minute walk to 68 Street-Hunter College
  • Community Garden
  • East Side Elementary School, P.S. 267 Rated A
  • No HOA
  • Garden

About This Home

As of February 2018

16 East 69th Street is a 33ft wide, five story red brick and limestone mansion that stands as a superb example of Neo Georgian revival architecture in America. Prominently positioned on the very lovely and quiet tree-lined block of 69th Street between Fifth Avenue and Madison Avenue, the residence has the good fortune of being situated amidst a number of architecturally noteworthy neighboring houses. Erected in 1881 by Charles Buek & Co. and then purchased in 1900 by Alice Gwynne Vanderbilt, the house was redesigned in 1929 for Edwin C. Jameson, a prominent insurance executive, and then finally acquired by the English Speaking Union in 1956. It is an architecturally wonderful and immensely charming house with tremendous curbside appeal. Moreover the grand yet understated interior is extremely well suited to major entertaining as well as a cozy and modern "at home" lifestyle. The generous proportions of the house are imminently livable and welcoming, yet the architectural grandeur of the residence remains very much intact due to the masterful renovation work. Elements such as the broad and graciously ascending staircase, the black and white marble entry floor, and the many period moldings lend the house a quiet dignity. Additional noteworthy features include soaring ceiling heights, 5 woodburning fireplaces throughout, a beautifully landscaped Garden, two terraces, a large state of the art elevator from the basement to each floor, a wine cellar, a private gym and a sophisticated alarm/security system with digital video recording and remote web access. The acquisition of this magnificent triple mint condition residence affords a marvelous opportunity for the most discerning buyer to acquire a residence of unparalleled luxury and historic designation nestled in the heart of the Upper East Side. Co-Exclusive.

Last Agent to Sell the Property

Serena Boardman

Sothebys International Realty License #30BO0940293 Listed on: 06/22/2017

Sothebys International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $245,388

Year Built

  • Built in 1881

Lot Details

  • 3,314 Sq Ft Lot
  • Lot Dimensions are 33.0 x 100.42
  • Garden

Home Design

  • Pre War Building

Interior Spaces

  • 12,111 Sq Ft Home
  • Wood Burning Fireplace

Bedrooms and Bathrooms

  • 7 Bedrooms

Listing and Financial Details

  • Tax Block 01383

Community Details

Overview

  • No Home Owners Association
  • Lenox Hill Subdivision
  • 5-Story Property

Amenities

  • Community Garden
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$245,388

Year Built

Built in 1881

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Lenox Hill
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 5

Interior Features

  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 12111.0
  • Living Area Units: Square Feet
  • Rooms (Total): 16

Beds/Baths

  • Full Bathrooms: 8
  • Half Bathrooms: 3
  • Bathrooms Integer: 10
  • Bedrooms: 7

Exterior Features

  • Exterior Features: Building Garden, Garden

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Area: 3314.0
  • Lot Size Dimensions: 33.0 x 100.42

Building Info

  • New Construction: No
  • Units: 1
  • Total Stories: 5
  • Year Built: 1881

Tax Info

  • Tax Block: 01383
  • Tax Annual: 245388.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2017
Closed on
Mar 14, 2018
Sold by
Falconer Llc
Bought by
Century Frontier Limited
Seller's Agent
Serena Boardman
Sothebys International Realty
List Price
$45,000,000
Sold Price
$39,000,000
Premium/Discount to List
-$6,000,000
-13.33%
Current Estimated Value
$23,721,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,278,018
Avg. Annual Appreciation
-6.29%

Purchase Details

Closed on
Jul 6, 2011
Sold by
Barnett Roger and Lindemann Barnett Sloan
Bought by
Falconer Llc

Purchase Details

Closed on
Oct 8, 2002
Sold by
Barnett Roger
Bought by
Barnett Roger and Barnett Sloan L

Purchase Details

Closed on
Jan 4, 2001
Sold by
English Speaking Union United States Inc
Bought by
Barnett Roger
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Century Frontier Limited $39,000,000 --
Century Frontier Limited $39,000,000 --
Falconer Llc $48,000,000 --
Falconer Llc $48,000,000 --
Barnett Roger -- --
Barnett Roger -- --
Barnett Roger $11,050,000 Title Associates Inc
Barnett Roger $11,050,000 Title Associates Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2018 02/28/18 Sold $39,000,000 -13.3% $3,220 / Sq Ft
01/29/2018 01/29/18 Pending -- -- --
06/22/2017 06/22/17 For Sale $45,000,000 -- $3,716 / 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 $309,863 $1,542,758 $766,897 $775,861
2024 $309,863 $1,542,758 $831,600 $722,337
2023 $307,543 $1,531,205 $704,014 $827,191
2022 $273,627 $1,499,280 $831,600 $667,680
2021 $286,795 $1,611,120 $831,600 $779,520
2020 $272,130 $1,738,020 $831,600 $906,420
2019 $268,941 $1,696,800 $831,600 $865,200
2018 $260,114 $1,276,004 $375,590 $900,414
2017 $245,390 $1,203,778 $328,251 $875,527
2016 $227,026 $1,135,641 $341,824 $793,817
2015 $91,312 $1,071,360 $483,712 $587,648
2014 $91,312 $1,071,360 $580,458 $490,902
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10886648

Real Estate Board of New York (REBNY)

APN: 1383-0060