NOT LISTED FOR SALE

Estimated Value: $548,000 - $727,375

-- Bed
1 Bath
592 Sq Ft
$1,125/mo HOA Fee

Last Sold February 26, 2024

Last sale price $625,000 $1,056 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,748/month

83 Days on Market

Highlights

  • Wood Flooring
  • 1-minute walk to 49 Street
  • East Facing Home
  • P.S. 111 Adolph S. Ochs Rated A-
  • Central Heating and Cooling System
  • 3-minute walk to 745 Plaza

About This Home

As of February 2024

Investor only – Apartment currently rented until 06/30/2024

Mint Studio in the Heart of the Big Apple!

Spread out over 592 SF, this primary located apartment is the perfect contemporary and modern studio. Giving a loft-like impression, the abundance of light coming from the floor to ceiling windows and floating into the apartment will unanimously impress. Fully equipped, the kitchen presents premium countertops, a built in oven hood-microwave, gas stove, and Sub-zero and Bosch appliances. The luxurious bathroom features the most refined finishes as well as an oversized soaking tub. Washer and Dryer are in the unit.

Located at the center of Times Square, with access to the world’s finest shows, restaurants, and Central Park, 1600 Broadway is one of the most unique buildings in Midtown Manhattan. The luxurious amenities include a fully equipped sun-soaked fitness center, spacious lounges with billiards and large screen TV, a conference room, and even a virtual golf room.

The building also features a beautiful and spacious terrace on the 4th floor as well as a magnificent rooftop with endless views of Manhattan. Both are furnished with grass, tables and deck chairs. Perfect to explore Manhattan Skyline on warm summer nights.e furnished with grass, tables and deck chairs. Perfect to explore Manhattan Skyline on warm summer nights

Last Agent to Sell the Property

Alexandre Lacroix

Compass License #10301219046 Listed on: 09/18/2023

Compass

Co-Listed By

Clayton Orrigo

Compass License #10401238394

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,440

Year Built

  • Built in 2005

HOA Fees

  • $1,125 Monthly HOA Fees

Interior Spaces

  • 1 Full Bathroom
  • 592 Sq Ft Home
  • Wood Flooring

Laundry

  • Laundry in unit
  • Washer

Additional Features

  • East Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 1116 / 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

$13,440

Year Built

Built in 2005

Lot Details

0

HOA Fees

$1,125 per month

Listing Details

  • Exposures: East
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Theater District
  • Entry Level: 6
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 25

Interior Features

  • Appliances: Washer
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 592.0
  • Living Area Units: Square Feet
  • Rooms (Total): 1

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: Common On Floor, Common Area, In Unit
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Central
  • Heating: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1125.0
  • 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: 1116
  • Tax Annual: 13440.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2023
Closed on
Feb 26, 2024
Sold by
Arcari Nicola and Francis Belgin
Bought by
The Kakigi Family Trust Dated February 1 and Wendell B Kakigi As Trustee
Seller's Agent
Alexandre Lacroix
Compass
List Price
$645,000
Sold Price
$625,000
Premium/Discount to List
-$20,000
-3.1%
Views
85
Current Estimated Value
$639,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,820
Avg. Annual Appreciation
1.10%

Purchase Details

Closed on
Oct 11, 2013
Sold by
Francis Belgin and Rateb Ahmad S
Bought by
Arcari Nicola and Francis Belgin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,743
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2006
Sold by
Sherwood 1600 Associates
Bought by
Francis Belgin and Rateb Ahmad S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
6.55%
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
The Kakigi Family Trust Dated February 1 $625,000 --
The Kakigi Family Trust Dated February 1 $625,000 --
Arcari Nicola $312,500 --
Arcari Nicola $312,500 --
Francis Belgin $585,000 --
Francis Belgin $585,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arcari Nicola $4,743
Previous Owner Francis Belgin $456,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2024 03/06/24 Off Market $625,000 -- --
02/26/2024 02/26/24 Sold $625,000 -3.1% $1,056 / Sq Ft
01/18/2024 01/18/24 Pending -- -- --
01/05/2024 01/05/24 For Sale $645,000 0.0% $1,090 / Sq Ft
10/26/2023 10/26/23 For Sale $645,000 0.0% $1,090 / Sq Ft
05/30/2023 05/30/23 Rented $3,750 0.0% --
05/24/2023 05/24/23 For Rent $3,750 +21.0% --
06/26/2020 06/26/20 Rented -- -- --
05/27/2020 05/27/20 Under Contract -- -- --
05/12/2007 05/12/07 For Rent $3,100 -- --
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 $13,638 $111,758 $18,116 $93,642
2024 $13,638 $109,090 $18,116 $90,974
2023 $13,455 $109,685 $18,116 $91,569
2022 $12,812 $104,718 $18,116 $86,602
2021 $13,416 $109,952 $18,116 $91,836
2020 $13,692 $121,337 $18,116 $103,221
2019 $13,409 $118,068 $18,116 $99,952
2018 $13,732 $118,215 $18,115 $100,100
2017 $11,184 $106,433 $18,116 $88,317
2016 $10,721 $111,984 $18,116 $93,868
2015 $5,011 $104,051 $18,116 $85,935
2014 $5,011 $99,183 $18,116 $81,067
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10960508

Real Estate Board of New York (REBNY)

APN: 1020-1116