NOT LISTED FOR SALE

Estimated Value: $922,000 - $996,552

1 Bed
1 Bath
889 Sq Ft
$1,200/mo HOA Fee

Last Sold February 21, 2018

Last sale price $1,175,000 $1,322 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $8,304/month

114 Days on Market

Highlights

  • City View
  • 1-minute walk to 49 Street
  • Laundry Facilities
  • P.S. 111 Adolph S. Ochs Rated A-
  • Central Air
  • 3-minute walk to 745 Plaza

About This Home

As of February 2018

Beautiful Flex 2 bedroom condominium in the heart of Times Square. This fantastic investor friendly investment is in pristine condition and sports many upgrades. New wide plank oak hardwood floors, New 5" pine baseboards, 5" crown moldings, Nest thermostat, Nest smoke detector, Wired entertainment wall, Built out home office with French doors, Frosted glass partition in bath, California closets throughout & stylish decorative Lanterns on the private terrace.1600 Broadway is the center of the Times Square District, the world's top tourist destination and home to more than 60 Million Visitors a year. The excitement and sizzle of Broadway and the fabulous restaurants and after hours establishments are all within steps of your door front. Multiple subway lines make it a snap to get to Wall Street,Lincoln Center, or Williamsburg.High Rental demand make this property a smart and profitable long term investment. Full service doorman and concierge are there to serve you and your guests 24 hours a day 365 days a week. Multiple parking options nearby. The 4th floor Resident's Club contains an entertainment lounge with billiards, putting green, virtual golf room, fitness center and a fully equipped conference center.

Last Agent to Sell the Property

Rick Kelly

ALTA Real Estate License #30KE0946657 Listed on: 09/29/2017

Co-Listed By

AnneMarie Nasello

Compass License #10301217031

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,124

Year Built

  • Built in 2006

HOA Fees

  • $1,200 Monthly HOA Fees

Interior Spaces

  • 889 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • East Facing Home
  • Central Air

Listing and Financial Details

  • Tax Block 1020

Community Details

Overview

  • 137 Units
  • Midtown West Subdivision
  • 25-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,124

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,200 per month

Listing Details

  • Cross Street: WEST 48 STREET and WEST 49 STREET
  • Exposures: East
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown West
  • Entry Level: 99
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 25

Interior Features

  • Living Area: 889.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • View: City
  • View: Yes

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: 1200.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 121.0 x 113.0

Building Info

  • New Construction: No
  • Units: 137
  • Total Stories: 25
  • Year Built: 2006

Tax Info

  • Tax Block: 1020
  • Tax Annual: 17124.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2017
Closed on
Feb 22, 2018
Sold by
Gabriel Sergio Emilio
Bought by
Sg Producciones Llc
Seller's Agent
Rick Kelly
ALTA Real Estate
List Price
$1,175,000
Sold Price
$1,175,000
Current Estimated Value
$967,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$207,862
Avg. Annual Appreciation
-2.62%

Purchase Details

Listed on
Sep 29, 2017
Closed on
Feb 21, 2018
Sold by
Acosta Frank
Bought by
Gabriel Sergio Emilio
Seller's Agent
Rick Kelly
ALTA Real Estate
List Price
$1,175,000
Sold Price
$1,175,000

Purchase Details

Closed on
Jul 18, 2017
Sold by
Wolk Michael
Bought by
Xu Eugene Y and Yu Jenny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.89%
Mortgage Type
Unknown

Purchase Details

Closed on
May 16, 2011
Sold by
Micklos Gerard Anthony
Bought by
Wolk Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Interest Rate
4.49%

Purchase Details

Closed on
Feb 17, 2011
Sold by
Huddleston Billy D
Bought by
Acosta Frank

Purchase Details

Closed on
Aug 22, 2006
Sold by
Sherwood 1600 Associates
Bought by
Huddleston Billy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,500
Interest Rate
6.79%

Purchase Details

Closed on
Aug 16, 2006
Sold by
Sherwood 1600 Associates
Bought by
Micklos Gerard Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
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
Sg Producciones Llc -- --
Gabriel Sergio Emilio $1,060,000 --
Xu Eugene Y $1,100,000 --
Wolk Michael $1,250,000 --
Acosta Frank -- --
Acosta Frank -- --
Huddleston Billy D $890,969 --
Huddleston Billy D $890,969 --
Micklos Gerard Anthony $1,374,638 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Xu Eugene Y $500,000
Previous Owner Acosta Frank $665,000
Previous Owner Huddleston Billy D $137,500
Previous Owner Huddleston Billy D $650,000
Previous Owner Micklos Gerard Anthony $850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2018 02/21/18 Sold $1,175,000 0.0% $1,322 / Sq Ft
01/22/2018 01/22/18 Pending -- -- --
09/29/2017 09/29/17 For Sale $1,175,000 -- $1,322 / 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
2024 $20,605 $164,812 $27,369 $137,443
2023 $20,328 $165,712 $27,369 $138,343
2022 $19,356 $158,205 $27,369 $130,836
2021 $20,269 $166,113 $27,369 $138,744
2020 $20,539 $183,314 $27,369 $155,945
2019 $20,258 $178,375 $27,369 $151,006
2018 $20,747 $178,597 $27,369 $151,228
2017 $16,897 $160,797 $27,369 $133,428
2016 $16,197 $169,182 $27,368 $141,814
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10049757

Real Estate Board of New York (REBNY)

APN: 1020-1104