$1,300,000
SOLD OCT 29, 2014
1 Bed
1 Bath
900 Sq Ft
$1,150/mo HOA Fee

Recently Sold

$1,444 Per Sq Ft

4% Below List Price

61 Days on Market

Highlights

  • Newly Remodeled
  • 1-minute walk to 49 Street
  • Balcony
  • P.S. 111 Adolph S. Ochs Rated A-
  • Pre War Building
  • 3-minute walk to 745 Plaza

About This Home

As of December 2024

Own the perfect Manhattan investment property in the only ultra high-end luxury condominium building in Times Square! Apartment 9A at coveted 1600 Broadway is a prized one-bedroom apartment with a home office, beautiful white oak flooring, and top-of-the-line fixtures and appliances (Sub-Zero, Bosch and Miele) throughout. This is an amazing opportunity to invest in one of the world's most desirable destinations in the heart of New York City.

The world-class building at 48th and Broadway offers it all for owners, residents and guests, including a 24-hour doorman and concierge, entertainment lounge with billiards, a putting green, virtual golf, a fitness center, fully-equipped conference center, amazing rooftop observatory, lawn area for lounging and an outdoor shower on the deck.

Best of all, short-term furnished subletting is allowed at 1600 Broadway. AirBn'B, Furnished Quarters and Roomorama are also welcomed.

Last Agent to Sell the Property

Dylan Hoffman

Compass License #10301208704 Listed on: 07/28/2014

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,840

Year Built

  • Built in 2005 | Newly Remodeled

HOA Fees

  • $1,150 Monthly HOA Fees

Home Design

  • 900 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Outdoor Features

  • Balcony

Listing and Financial Details

  • Tax Block 1020

Community Details

Overview

  • Midtown Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,840

Year Built

Built in 2005 | Newly Remodeled

Lot Details

0

HOA Fees

$1,150 per month

Listing Details

  • Cross Street: NE Corner of 48th and Broadway
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: MIDTOWN
  • Architectural Style: Prewar
  • Entry Level: 9
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Living Area: 900.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1150.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Year Built: 2005

Tax Info

  • Tax Block: 1020
  • Tax Annual: 9840.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2024
Closed on
Dec 17, 2024
Sold by
Niruntasukrat Peeraporn
Bought by
Ong Eugene and Ong Melissa
Seller's Agent
Kristina Paces
Serhant
List Price
$965,000
Sold Price
$860,000
Premium/Discount to List
-$105,000
-10.88%
Views
129
Current Estimated Value
$897,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,580
Avg. Annual Appreciation
0.72%

Purchase Details

Listed on
Jul 28, 2014
Closed on
Oct 29, 2014
Sold by
Nam Sung Woo
Bought by
Niruntasukrat Peeraporn
Seller's Agent
Dylan Hoffman
Compass
List Price
$1,350,000
Sold Price
$1,300,000
Premium/Discount to List
-$50,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.99%

Purchase Details

Closed on
Aug 15, 2013
Sold by
Nam Bong Soon and Nam Sung Woo
Bought by
Nam Sung Woo

Purchase Details

Closed on
Jun 5, 2013
Sold by
Nam Sung Woo
Bought by
Nam Bongsoon and Nam Sung Woo

Purchase Details

Closed on
Jul 19, 2006
Sold by
Sherwood 1600 Associates
Bought by
Nam Sung Woo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$708,750
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Deed $860,000 --
Deed $1,300,000 --
Deed $1,300,000 --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed $962,246 --
Deed $962,246 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $708,750 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2024 12/17/24 Sold $860,000 -3.9% $956 / Sq Ft
11/15/2024 11/15/24 Pending -- -- --
10/29/2024 10/29/24 Price Changed $895,000 -7.3% $994 / Sq Ft
09/22/2024 09/22/24 For Sale $965,000 -25.8% $1,072 / Sq Ft
04/20/2022 04/20/22 Off Market $1,300,000 -- --
10/29/2014 10/29/14 Sold $1,300,000 -3.7% $1,444 / Sq Ft
09/29/2014 09/29/14 Pending -- -- --
07/29/2014 07/29/14 For Sale $1,350,000 -- $1,500 / 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 $20,605 $168,841 $27,369 $141,472
2024 $20,605 $164,812 $27,369 $137,443
2023 $20,328 $165,712 $27,369 $138,343
2022 $19,340 $158,205 $27,369 $130,836
2021 $20,269 $166,113 $27,369 $138,744
2020 $20,686 $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
2015 $7,571 $157,197 $27,368 $129,829
2014 $7,571 $149,843 $27,368 $122,475
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10035337

Real Estate Board of New York (REBNY)

APN: 1020-1132