NOT LISTED FOR SALE

Estimated Value: $1,687,000 - $2,886,000

2 Beds
2 Baths
1,600 Sq Ft
$2,875/mo HOA Fee

Last Sold December 19, 2023

Last sale price $2,800,000 $1,750 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $19,194/month

Highlights

  • Laundry Facilities
  • 1-minute walk to 49 Street
  • High-Rise Condominium
  • P.S. 111 Adolph S. Ochs Rated A-
  • No Heating
  • 3-minute walk to 745 Plaza

About This Home

As of December 2023

Located in the heart of Theatre District, panoramic views through your floor-to-ceiling windows highlight this 1,600 square foot two-bedroom penthouse with an additional 700 square feet of private outdoor space overlooking Times Square and the infamous New Year’s Eve ball. Completely renovated and ideal for entertaining, the open floor plan provides a generously sized living and dining area adorned in customized finishes, 3-person seated island, seating for 10 along with Miele and Sub Zero appliances in the kitchen.

The split bedroom floor plan offers en-suite bathrooms in both, while the primary is bathed with southern and western light.



Control all aspects of your home from your ipad, as a brand-new Savant system was just installed to maximize ease and to enhance the experience for your guests. In addition, a laundry room and storage unit complete this home.

As a primary residence, pied-a-terre or investment property, enjoy the hotel style amenities from 24-hour doorman and concierge, entertainment lounge, putting green and virtual golf, a fitness center rooftop terrace, plus a fully-equipped conference center. Walk to Rockefeller Center, Radio City Music Hall, Saks Fifth Avenue, Times Square, and all the best world-class dining and shopping Midtown has to offer.

Last Agent to Sell the Property

Trevor Stephens

Compass License #10401279241 Listed on: 12/20/2022

Compass

Co-Listed By

Michael MANIAWSKI

Compass License #10401343366

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $36,804

Year Built

  • Built in 2005

HOA Fees

  • $2,875 Monthly HOA Fees

Home Design

  • 1,600 Sq Ft Home
  • Entry on the 1st floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 1218 / 01020

Community Details

Overview

  • 137 Units
  • High-Rise Condominium
  • Theater District Subdivision
  • 25-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$36,804

Year Built

Built in 2005

Lot Details

0

HOA Fees

$2,875 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Theater District
  • Entry Level: 1
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 25

Interior Features

  • Fireplace: No
  • Living Area: 1600.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: Common Area
  • Cooling: No
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2875.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 113.670000x121.000000

Building Info

  • New Construction: No
  • Units: 137
  • Total Stories: 25
  • Year Built: 2005

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 01020
  • Tax Lot: 1218
  • Tax Annual: 36804.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2022
Closed on
Dec 19, 2023
Sold by
Arh Holding 1600 Broadway Llc
Bought by
Ranganathan Natarajan and Ranganathan Rashmi
Seller's Agent
Trevor Stephens
Compass
List Price
$3,050,000
Sold Price
$2,800,000
Premium/Discount to List
-$250,000
-8.2%
Views
517
Current Estimated Value
$2,473,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$326,586
Avg. Annual Appreciation
-7.11%
Original Mortgage
$1,500,000
Outstanding Balance
$1,477,616
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$981,333

Purchase Details

Closed on
Feb 21, 2013
Sold by
Whittall Charles
Bought by
Arh Holding 1600 Broadway Llc

Purchase Details

Closed on
Aug 16, 2006
Sold by
Sherwood 1600 Associates
Bought by
Whittal Charles
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
Ranganathan Natarajan $2,800,000 --
Arh Holding 1600 Broadway Llc $2,550,000 --
Whittal Charles $2,876,917 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ranganathan Natarajan $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2023 12/19/23 Sold $2,800,000 -8.2% $1,750 / Sq Ft
10/26/2023 10/26/23 Pending -- -- --
10/26/2023 10/26/23 For Sale $3,050,000 -- $1,906 / 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 $39,087 $320,284 $51,918 $268,366
2024 $39,087 $312,642 $51,918 $260,724
2023 $38,561 $314,348 $51,918 $262,430
2022 $36,718 $300,107 $51,918 $248,189
2021 $38,450 $315,108 $51,918 $263,190
2020 $39,241 $347,737 $51,918 $295,819
2019 $38,429 $338,369 $51,918 $286,451
2018 $39,357 $338,791 $51,919 $286,872
2017 $32,054 $305,025 $51,918 $253,107
2016 $30,726 $320,932 $51,918 $269,014
2015 $14,362 $298,197 $51,919 $246,278
2014 $14,362 $284,244 $51,918 $232,326
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10944718

Real Estate Board of New York (REBNY)

APN: 1020-1218