NOT LISTED FOR SALE

Estimated Value: $874,000 - $1,090,513

1 Bed
1 Bath
889 Sq Ft
2006 Built

Last Sold August 14, 2018

Last sale price $1,230,000 $1,384 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $7,120/month

Highlights

  • Concierge
  • 1-minute walk to 49 Street
  • Rooftop Deck
  • P.S. 111 Adolph S. Ochs Rated A-
  • Golf Simulator Room
  • 3-minute walk to 745 Plaza

About This Home

As of April 2024

1 BR + Home Office PH with Balcony

Available for Immediate Occupancy Upon Board Approval

Perched on the 27th floor within a glass-faced tower, this inviting 889 SF one-bedroom, one-bath residence offers an unparalleled living experience. Facing North and East, this home stuns with natural light and city views through its soaring floor-to-ceiling windows and private balcony.

Intelligently designed to meet an array of needs, the entryway features an adjacent space that can serve as a desirable home office or convertible second sleeping area.

The kitchen boasts granite countertops and is equipped with top-of-the-line appliances by Sub-Zero, Bosch, and Miele. The open dining and living area is perfectly suited for entertaining guests or enjoying a relaxing night in.

The bedroom serves as a sanctuary, featuring a private balcony overlooking the city. The modern bathroom is designed with a wood vanity with a limestone countertop, a custom stainless steel basin, and a soaking tub.

A washer and dryer set are conveniently located in the home. This Penthouse level also offers added privacy with only 4 homes per floor.

Residents benefit from a full-service building offering an entertainment lounge with billiards, virtual golf, a fitness center, and a fully-equipped conference center. Take in the breathtaking skyline views from the fully landscaped rooftop. This newly re-imagined neighborhood features iconic restaurants, an abundance of entertainment options, including Broadway, and a lively nightlife scene. Helping to reshape the neighborhood are an array of Michelin-star restaurants and luxury hotels, including the Times Square Edition developed by the legendary Ian Schrager. All of New York City is easily accessible within close proximity to the A, C, E, N, Q, R, W, 1, 2, 3, and 7 subway trains.

Last Agent to Rent the Property

Christopher Yung

Serhant License #10401330364 Listed on: 03/25/2024

Serhant

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,605

Year Built

  • Built in 2006

Interior Spaces

  • 889 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer Dryer Allowed
  • Washer Hookup

Additional Features

  • Balcony
  • Central Air

Listing and Financial Details

  • Property Available on 3/25/24
  • Legal Lot and Block 0016 / 01824

Community Details

Overview

  • No Home Owners Association
  • 137 Units
  • High-Rise Condominium
  • Imagine Condos
  • Midtown Subdivision
  • 25-Story Property

Amenities

  • Concierge
  • Rooftop Deck
  • Game Room
  • Community Storage Space

Recreation

  • Golf Simulator Room

Condo Details

Home Type

Condominium

Est. Annual Taxes

$20,605

Year Built

Built in 2006

Lot Details

0

Rental Info

  • Land Lease: No
  • Furnished: Unfurnished
  • Available Date: 2024-03-25

Listing Details

  • Exposures: East,North
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Midtown
  • Entry Level: 27
  • Structure Type: High Rise
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 25

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 889.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: City Lights, City
  • View: Yes
  • Exterior Features: Balcony, Building Roof Deck
  • Patio/Porch Features: None, Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other, Washer Hookup, In Unit
  • Green Building Features: Concierge, Elevator(s), Game Room, Green Building, Golf Simulator Room, Kitchen Facilities, Storage
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

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

Tax Info

  • Tax Block: 01824
  • Tax Lot: 0016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2018
Closed on
Aug 2, 2018
Sold by
Calvano Heather K
Bought by
Ranganathan Ranga and Ranganathan Rashmi
Seller's Agent
Corinne Cahlon
Douglas Elliman Real Estate
List Price
$1,300,000
Sold Price
$1,230,000
Premium/Discount to List
-$70,000
-5.38%
Current Estimated Value
$991,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$238,371
Avg. Annual Appreciation
-3.13%
Original Mortgage
$800,000
Outstanding Balance
$697,648
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$286,704

Purchase Details

Closed on
Aug 9, 2006
Sold by
Sherwood 1600 Associates
Bought by
Calvano Heather K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Ranga $1,230,000 --
Calvano Heather K $962,246 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ranganathan Ranga $800,000
Previous Owner Calvano Heather K $3,507
Previous Owner Calvano Heather K $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Rented $5,725 +4.1% --
03/25/2024 03/25/24 For Rent $5,500 0.0% --
08/14/2018 08/14/18 Sold $1,230,000 -5.4% $1,384 / Sq Ft
07/15/2018 07/15/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $1,300,000 -- $1,462 / 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 $19,356 $158,205 $27,369 $130,836
2021 $20,269 $166,113 $27,369 $138,744
2020 $12,927 $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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10952618

Real Estate Board of New York (REBNY)

APN: 1020-1224