NOT LISTED FOR SALE

Estimated Value: $2,021,000 - $4,363,000

2 Beds
2.5 Baths
1,391 Sq Ft
$2,444/mo HOA Fee

Last Sold June 29, 2018

Last sale price $4,120,000 $2,962 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $20,067/month

426 Days on Market

Highlights

  • Newly Remodeled
  • 2-minute walk to 5 Avenue-Bryant Park
  • Juliet Balcony
  • Clinton School Rated A
  • City View
  • 1-minute walk to Tilden Park

About This Home

As of June 2018

Located high above vibrant Bryant Park in the heart of New York City, this corner two bedroom residence, designed by David Chipperfield Architects, wraps the northwest corner with fourteen floor-to-ceiling windows. At 1,391 sq. ft. (129.2 sq. m.), this home offers an expansive split bedroom floor plan with an abundance of natural light and incomparable views over the park through sliding double-paned doors with Juliet balconies. The custom made aggregate terrazzo facade transitions seamlessly into the interiors, creating crisp architectural frames to the windows and a border for the heated oak herringbone floors. The bespoke millwork found throughout cleverly conceals storage, appliances, and mechanical systems, allowing continuous, full 9 foot 6 inch ceiling heights to carry throughout the residence. The open kitchen includes a Gaggenau cooktop with fully-vented hood, oven, speed oven, dishwasher, and refrigerator/freezer. The kitchen also includes a marble topped center island with wine refrigerator and overhang for seating. The master bedroom with direct park views includes an en-suite bath featuring full height Statuarietto marble walls, double vanity with marble top, and enclosed wet room with rain shower. The secondary bath and powder room are also appointed with Statuarietto marble walls and vanity. Residences at The Bryant, located at 16 West 40th Street, sit atop a boutique hotel and amenities include 24-hour attended private residential lobby, lobby lounge, fitness center with sauna, Terrace Club with fireplace and full bar overlooking Bryant Park, and a full suite of a la carte hotel services including housekeeping and room service. Occupancy Spring 2018.

Last Agent to Sell the Property

The Bryant Sales Gallery

Corcoran Sunshine Marketing Group License #A Listed on: 03/24/2017

Corcoran Sunshine Marketing Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,272

Year Built

  • Built in 2017 | Newly Remodeled

HOA Fees

  • $2,444 Monthly HOA Fees

Home Design

  • Entry on the 21st floor

Interior Spaces

  • 1,391 Sq Ft Home
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • Juliet Balcony
  • Central Air

Listing and Financial Details

  • Tax Block 841

Community Details

Overview

  • 57 Units
  • The Bryant Condos
  • Midtown West Subdivision
  • 34-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$25,272

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

HOA Fees

$2,444 per month

Listing Details

  • Exposures: North,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown West
  • Entry Level: 21
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 34

Interior Features

  • Interior Features: Eat-in Kitchen
  • Living Area: 1391.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Juliet Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2444.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Building Name: The Bryant
  • Units: 57
  • Total Stories: 34
  • Year Built: 2017

Tax Info

  • Tax Block: 841
  • Tax Annual: 25272.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2017
Closed on
Jun 29, 2018
Sold by
Hfz Bryant Park Owner Llc
Bought by
Ji Ren and Ji Wei
Seller's Agent
The Bryant Sales Gallery
Corcoran Sunshine Marketing Group
List Price
$3,950,000
Sold Price
$4,120,000
Premium/Discount to List
$170,000
4.3%
Current Estimated Value
$2,863,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,256,914
Avg. Annual Appreciation
-4.90%
Original Mortgage
$2,000,000
Outstanding Balance
$1,733,299
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,129,787
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
Ji Ren $3,950,000 --
Hfz Bryant Park Owner Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ji Ren $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2018 06/29/18 Sold $4,120,000 +4.3% $2,962 / Sq Ft
05/30/2018 05/30/18 Pending -- -- --
03/29/2017 03/29/17 For Sale $3,950,000 -- $2,840 / 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 $29,329 $206,316 $20,651 $185,665
2024 $29,329 $234,591 $20,651 $213,940
2023 $23,256 $229,797 $20,651 $209,146
2022 $23,167 $229,513 $20,651 $208,862
2021 $27,704 $225,845 $20,651 $205,194
2020 $24,444 $250,039 $20,651 $229,388
2019 $23,782 $244,417 $20,651 $223,766
2018 $25,772 $228,056 $20,652 $207,404
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10031199

Real Estate Board of New York (REBNY)

APN: 0841-1025