NOT LISTED FOR SALE

Estimated Value: $793,000 - $1,002,000

1 Bed
1 Bath
777 Sq Ft
$1,464/mo HOA Fee

Last Sold July 06, 2023

Last sale price $990,000 $1,274 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $7,875/month

41 Days on Market

Highlights

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

About This Home

As of July 2023

LUXURY CONDO LIVING! THE HEART OF CITY...CENTER OF THE WORLD!!! With the World at your feet and the Exciting Aura of Times Square filling your Lofty 10' Floor-to-Ceiling Windowed Home, this Pin-Drop Quiet Peaceful Apartment offers perfect and convenient refuge from a busy work day. Sunsoaked & Stunning South and West Light and Views flood this Comfortable Spacious Home, with Private Balcony, Gorgeous Open Kitchen with Subzero/Miele/Bosch appliances, warm Granite Counters and Tall Rifted Oak Cabinetry. The Oversized Bathroom luxuriates with the most exquisite materials and finishes, a Wenge-tone Vanity, Limestone Countertop, Custom-designed Stainless Steel basin and Deep Soaking Tub that invite you to Relax. This Spacious layout includes a Gracious Foyer, Fabulous Over-Sized Closets and Washer/Dryer.

A striking multi-angled Glass Tower, with 24 Hour Full-Service Doorman, Concierge, Resident Manager, staffed around the clock for your convenience and peace of mind, 1600 Broadway offers a Spacious and Welcoming Lobby, finished with Quartered Teak and a Twenty-foot High Curved Wall. The Window-Wrapped Club on the Square comprises the entire fourth floor of offering World-Class Amenities including an Entertainment Lounge with Billiards with Large-Screened TV, Putting Green, Virtual Golf, Sun-Soaked Fitness Center, Conference Room and Landscaped Outdoor Wrap Terrace with its rolling landscape seating. 1,2 3,N,Q,R,W,A,C,E,B,D,F,M trains nearby!

Last Agent to Sell the Property

Lisa Wong

Douglas Elliman Real Estate License #30WO0840055 Listed on: 03/07/2023

Douglas Elliman Real Estate

Co-Listed By

Antonio Mongiovi

Douglas Elliman Real Estate License #40MO0894662

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,112

Year Built

  • Built in 2006

HOA Fees

  • $1,464 Monthly HOA Fees

Home Design

  • 777 Sq Ft Home
  • Entry on the 15th floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Outdoor Features

  • Balcony

Community Details

  • 137 Units
  • Middle West Side Subdivision
  • 25-Story Property

Listing and Financial Details

  • Tax Block 01020

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,112

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,464 per month

Listing Details

  • Cross Street: WEST 48 STREET and WEST 49 STREET
  • Exposures: East,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Middle West Side
  • Entry Level: 15
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 25

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 777.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

  • Full Bathrooms: 1
  • 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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1464.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

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

Tax Info

  • Tax Block: 01020
  • Tax Annual: 17112.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2023
Closed on
Jul 6, 2023
Sold by
Chang Michael
Bought by
Tovmasian Margarita
Seller's Agent
Lisa Wong
Douglas Elliman Real Estate
List Price
$1,095,000
Sold Price
$990,000
Premium/Discount to List
-$105,000
-9.59%
Views
105
Current Estimated Value
$926,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$63,583
Avg. Annual Appreciation
-2.87%
Original Mortgage
$792,000
Outstanding Balance
$772,825
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$153,592

Purchase Details

Listed on
Apr 6, 2017
Closed on
Sep 27, 2017
Sold by
Bae Ki Wook and % Kb Park Cpa Llc
Bought by
Chang Michael
List Price
$935,000
Sold Price
$935,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.00%
Original Mortgage
$467,500
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2006
Sold by
Sherwood 1600 Associates
Bought by
Bae Ki Wook and Park He Sung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.36%
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 Buyer Sale Price Title Company
Tovmasian Margarita $990,000 --
Chang Michael $935,000 --
Bae Ki Wook $885,878 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tovmasian Margarita $792,000
Previous Owner Chang Michael $467,500
Previous Owner Bae Ki Wook $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/06/2023 07/06/23 Sold $990,000 -0.9% $1,274 / Sq Ft
04/18/2023 04/18/23 Pending -- -- --
03/14/2023 03/14/23 Price Changed $999,000 -8.8% $1,286 / Sq Ft
03/07/2023 03/07/23 For Sale $1,095,000 0.0% $1,409 / Sq Ft
09/30/2019 09/30/19 Rented -- -- --
08/31/2019 08/31/19 Under Contract -- -- --
08/23/2019 08/23/19 For Rent $4,100 0.0% --
09/28/2017 09/28/17 Sold $935,000 0.0% $1,203 / Sq Ft View Prior Sale
08/15/2017 08/15/17 Pending -- -- --
04/06/2017 04/06/17 For Sale $935,000 -- $1,203 / 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 $18,172 $148,909 $24,136 $124,773
2024 $18,172 $145,355 $24,136 $121,219
2023 $17,928 $146,148 $24,136 $122,012
2022 $17,071 $139,528 $24,136 $115,392
2021 $17,876 $146,503 $24,136 $122,367
2020 $18,244 $161,673 $24,136 $137,537
2019 $14,740 $157,317 $24,136 $133,181
2018 $18,298 $157,514 $24,136 $133,378
2017 $14,902 $141,814 $24,135 $117,679
2016 $14,285 $149,211 $24,136 $125,075
2015 $6,677 $138,640 $24,136 $114,504
2014 $6,677 $132,156 $24,136 $108,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10864483

Real Estate Board of New York (REBNY)

APN: 1020-1170