SOLD JUL 18, 2013
2 Beds
2 Baths
1,629 Sq Ft
$2,225/mo HOA Fee

Recently Sold

Highlights

  • Newly Remodeled
  • 1-minute walk to 49 Street
  • 3-minute walk to 745 Plaza
  • P.S. 111 Adolph S. Ochs Rated A-
  • Laundry Facilities

About This Home

As of February 2024

* Exclusive * MOTIVATED SELLER * Prime Midtown Manhattan TOP FLOOR PENTHOUSE directly overlooking Times Square! Enjoy owning or rent out this mint-condition, luxury-Hotel-quality 2 bedroom / 2.5 bath Penthouse Suite right in the heart of one of the Worlds most famous and valuable pieces of real estate investments - Times Square and prime Midtown Manhattan! This designer-customized, Corner Condo Penthouse boasts aprox 10 High Ceilings - HIGHEST CEILINGS in BUILDING, Hardwood Floors, bright Floor-to-ceiling Windows with Custom Solar Blinds, a Designer Kitchen with Subzero and Bosch appliances, two full, luxurious Limestone Bathrooms, in-home Laundry, and a Southern-facing Balcony!

Full-service doorman building features a roof deck, health club, recreation room, and a fully-equipped conference center.

Stunning Midtown Manhattan location is at the center of everything New York: Times Square and the Broadway Theater District, express Subways, world-famous shopping and dining, with Lincoln Center, Rockefeller Center, and Central Park just a short stroll away.

Also, makes a one-of-kind, totally-unique-in-the-world location for renting out short-term for investment income! Apartment Features: South exposure, West exposure, Balcony, Terrace, Full city view, Full skyline view, Partial river view, Floors - hardwood, Light - excellent, Windows - oversized, Windows - new, Modern kitchen, Walk in closets, Great closet space, Washer/dryer, Dishwasher Building Features: Courtyard, Roof deck, Exercise room, Meeting room, Recreation room

Last Agent to Sell the Property

Paul Gavriani

ENGEL & VOLKERS NEW YORK CITY License #30GA0962716 Listed on: 07/18/2013

ENGEL & VOLKERS NEW YORK CITY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,600

Year Built

  • Built in 2006 | Newly Remodeled

HOA Fees

  • $2,225 Monthly HOA Fees

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

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

$15,600

Year Built

Built in 2006 | Newly Remodeled

Lot Details

0

HOA Fees

$2,225 per month

Listing Details

  • Cross Street: WEST 48 STREET and WEST 49 STREET
  • Exposures: South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown West
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 25

Interior Features

  • Rooms (Total): 6

Beds/Baths

  • Bathrooms Integer: 2
  • Bedrooms: 2

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2225.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 121.0 x 113.0

Building Info

  • New Construction: Yes
  • Units: 137
  • Total Stories: 25
  • Year Built: 2006

Tax Info

  • Tax Block: 1020
  • Tax Annual: 15600.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2023
Closed on
Feb 12, 2024
Sold by
1600 Broadway Ph6c Llc
Bought by
Matsuda Makoto
Seller's Agent
Joan Schaffer
Corcoran Group
List Price
$2,750,000
Sold Price
$2,590,000
Premium/Discount to List
-$160,000
-5.82%
Views
288
Current Estimated Value
$2,275,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$314,298
Avg. Annual Appreciation
-9.01%

Purchase Details

Listed on
Jul 15, 2013
Closed on
Sep 3, 2013
Sold by
Chu Jane and Chu Richard
Bought by
1600 Broadway Ph6c Llc
Seller's Agent
Sachiko Goodman
Douglas Elliman Real Estate
Sold Price
$11,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,285,000
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 18, 2013
Closed on
Jul 15, 2013
Sold by
Ljm Of New York Llc
Bought by
Chu Jane and Chu Richard
Seller's Agent
Paul Gavriani
ENGEL & VOLKERS NEW YORK CITY

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,285,000
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 2010
Sold by
Maher Lee J
Bought by
Ljm Of New York Llc

Purchase Details

Closed on
Aug 16, 2006
Sold by
Sherwood 1600 Associates
Bought by
Maher Lee J
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 $2,590,000 --
Deed $2,590,000 --
Deed -- --
Deed -- --
Deed $2,588,000 --
Deed $2,588,000 --
Deed -- --
Deed -- --
Deed $2,800,188 --
Deed $2,800,188 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,285,000 Purchase Money Mortgage
Previous Owner $2,000,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2024 02/12/24 Sold $2,590,000 0.0% $1,589 / Sq Ft
12/26/2023 12/26/23 Pending -- -- --
08/31/2023 08/31/23 Price Changed $2,590,000 -3.9% $1,589 / Sq Ft
06/06/2023 06/06/23 Price Changed $2,695,000 -2.0% $1,653 / Sq Ft
03/13/2023 03/13/23 For Sale $2,750,000 0.0% $1,687 / Sq Ft
04/20/2022 04/20/22 Off Market $11,000 -- --
04/19/2019 04/19/19 Rented -- -- --
03/20/2019 03/20/19 Under Contract -- -- --
11/17/2016 11/17/16 For Rent $8,250 -38.9% --
05/25/2016 05/25/16 Rented -- -- --
04/25/2016 04/25/16 Under Contract -- -- --
03/05/2016 03/05/16 For Rent $13,500 -6.9% --
06/17/2015 06/17/15 Rented -- -- --
05/18/2015 05/18/15 Under Contract -- -- --
05/14/2015 05/14/15 For Rent $14,500 +11.5% --
03/05/2015 03/05/15 Rented -- -- --
02/03/2015 02/03/15 Under Contract -- -- --
01/09/2015 01/09/15 For Rent $13,000 +18.2% --
12/16/2014 12/16/14 Rented -- -- --
12/16/2014 12/16/14 Rented $11,000 -15.4% --
11/16/2014 11/16/14 Under Contract -- -- --
11/15/2014 11/15/14 For Rent $13,000 0.0% --
07/18/2014 07/18/14 Rented -- -- --
06/18/2014 06/18/14 Under Contract -- -- --
06/13/2014 06/13/14 For Rent $13,000 +15.6% --
06/05/2014 06/05/14 Rented -- -- --
05/06/2014 05/06/14 Under Contract -- -- --
04/09/2014 04/09/14 For Rent $11,245 -6.3% --
10/29/2013 10/29/13 Rented -- -- --
09/29/2013 09/29/13 Under Contract -- -- --
08/12/2013 08/12/13 For Rent $11,995 0.0% --
07/18/2013 07/18/13 Sold -- -- --
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 $38,096 $304,719 $50,603 $254,116
2023 $37,584 $306,383 $50,603 $255,780
2022 $35,788 $292,503 $50,603 $241,900
2021 $37,475 $307,124 $50,603 $256,521
2020 $38,247 $338,926 $50,603 $288,323
2019 $37,454 $329,795 $50,603 $279,192
2018 $38,360 $330,206 $50,603 $279,603
2017 $31,242 $297,296 $50,603 $246,693
2016 $29,947 $312,800 $50,603 $262,197
2015 $13,998 $290,640 $50,602 $240,038
2014 $13,998 $277,042 $50,602 $226,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10052148

Real Estate Board of New York (REBNY)

APN: 1020-1238